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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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Waste Oil Recycling Business Plan | Investment Opportunities in Waste Lubricating Oil Recycling Plant

INTRODUCTION Waste lubricating oil recycling plants are installed at garages and used-oil collection centers to recycle waste lubricating oils and turn them into usable products for companies that make up for their losses. These plants extract out reusable products from used or wasted lubricating oils. In many cases, these plants also purify oil to produce commercial grade lubricants that can be sold to manufacturers or wholesalers. The plant is best suited for large scale production of oil and other re-usable commodities. How does the Waste Lubricating Oil Recycling Plant works? The waste lubricating oil recycling plant consists of various units such as a dryer, a centrifuge, and an environmental treatment device. During operation, waste lubricating oil would be input into a certain pre-designated area in factory where it would be dried out by a heat source until it’s completely vaporized from its liquid state. Afterwards, if needed for further processes, it will then be fed to a centrifuge where any solid contaminates are separated out from it before being recycled or disposed of accordingly. Depending on industrial oils, most customers opt for heavily refined versions due to their high quality performance when used during running machinery. This level of refining is done in a vacuum distillation process which often results in very large volumes of waste lube oil that contains no hazardous material whatsoever; these oily wastes can then be reprocessed using an advanced refining process known as hydro-treating. In many cases, only 15% new petroleum is required by these plants to maintain consistent overall energy use, resulting in about 85% reduction over traditional internal combustion engines. Then end product are called base oils Benefits Reducing waste oil disposal costs, saving carbon dioxide emissions, reducing urban air pollution and water contamination. The market potential for waste lubricating oil recycling is large in that more than 80% of industrial lubricants are used in machinery manufacturing and therefore eventually become waste after use. All these factors make waste lubricating oil a huge resource and investment opportunity. The waste lubricating oil recycling plant market is highly lucrative, and is expected to grow at a healthy CAGR. The rise in awareness about environmental pollution due to improper disposal of used oil has compelled end-users of lubricants and machinery manufacturers to adopt proper procedures for used oil management. In addition, it has also increased demand for recycled products that are friendly to environment. Market growth is highly dependent on factors such as rising disposable income, development of infrastructural facilities and diminishing crude oil prices. Waste lubricating oil recycling plant market is also driven by government regulations and incentives related to waste disposal and non-renewable energy generation. However, limited availability of space for installation may hamper industry’s growth over the forecast period. In addition, environmental concerns regarding wastage of lubricants in nature can restrict market share for recycled products.
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Manufacturing Business of Zinc Sulphate | Profitable Business Opportunity in Chemical sector

Zinc Sulphate is a combination of zinc and sulphur. It is used in farming as an organic fertilizer, and is also found in various medicines. The manufacturing process involves extracting zinc and sulphur from their ores and then mixing them together. In some cases, aluminum sulfate might be added too. This can help with the binding of chemicals and prevent them from flowing off after application. Zinc is often referred to as spelter or mineral white zinc, while sulfur’s natural form is called brimstone or flowers of sulfur. When combined, they are generally sold under several names including STS (Sulphated Trisodium Sulfate), STP (Sulphated Tetraborate), WSP (water soluble phosphate) or just zinc oxide. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses of Zinc Sulphate Zinc sulphate solution may be used in the production of zineb (zinc ethylene bisdithiocarbamate). Zineb, and agricultural fungicide, is commonly employed to protect crops such as apples, pears, cabbage, broccoli and ornamentals as well as citrus, stone-fruit, cotton and wheat. Zinc Sulphate is used in agriculture as a weed killer and to give protection against pests. It is used to supply zinc in animal feeds and fertilizers; Zinc Sulphate is also an important constituent of the precipitating bath in the manufacture of viscose rayon and in electrolyte for zinc plating. Zinc Sulphate functions as a mordant in dyeing; as a preservative for skins and leather; and as an astringent and emetic in medicine. Read Similar Articles: Chemical Industry How is zinc Sulphate produced? Producing zinc sulphate are roasting and leaching, flash chlorination, and thermal decomposition. Each method is suitable for a specific range of zinc ores with differing sulfur contents. Roasting and leaching can be used to process an ore with up to 0.5% sulfur while flash chlorination is effective on ores containing 0.25% or more sulfur by weight. Related Feasibility Study Reports: Chemicals,Chemicals Organic, Chemicals Inorganic, Zeolite, Sulphate, Wax, Activated Carbon, Polishing, Compounds, Acids, Starch, Nitrate, Phosphate, Formaldehyde, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture and Vermi Compost Projects Thermal decomposition works best with ores that contain 20% sulfur or more and chlorine content of at least 70%. Flash chlorination produces more zinc oxide than other techniques but it also generates larger quantities of other compounds such as ammonium chloride (NHCl), calcium sulfate (CaSO4), sodium chloride (NaCl), potassium sulfate (K2SO4) and sodium carbonate ((Na2CO3). Thus, in many cases these impurities must be removed before commercial grade product is produced. Related Project: Zinc Sulphate - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Economics Market Outlook: Global Zinc Sulfate Market is valued to grow at healthy CAGR of 4.2% over in period 2020-2026. Increasing usage as a fertilizer additive in agricultural industry to prevent and correct zinc deficiency in crops, rising demand of applications of raw material for manufacturing latex products and usage as an herbicide for moss control are the key factors driving the market. Zinc sulfate plays a prominent role in treating zinc deficiencies in humans and is used as a fertilizer for agricultural sprays to improve soil nutrient which is expected to play a crucial role in the market development. Read our Book Here: The Complete Technology Book on Chemical Industries The zinc sulphate market in India is expected to reach US$ 40.5 MN by 2026, registering a CAGR of 10.7% during 2020–2026. Increasing demand for fungicides and pesticides in agriculture applications, growing interest of farmers towards using zinc sulphate for crops like rice, wheat, maize and cotton are some of the factors driving growth of zinc sulphate market in India. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Zinc has antifungal properties against several types of fungi causing different crop diseases such as Botrytis, Alter aria & Phytophthora Leaf Blight. Due to its anti-oxidant properties zinc acts as an effective rust inhibitor on boats, cars & equipment exposed to salt water or high humidity conditions. See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects
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Set up an Edible Oil Refinery (Soya and Palm) Business | A Profitable Business Opportunity in Edible Oil Industry

Introduction An edible oil refinery involves refining soybean and palm oils for edible use. Edible vegetable oils are used in a wide variety of applications, from cooking to biofuels, depending on their chemistry. These processes require specialized refinery equipment to process them into finished products that can be used commercially or sold on store shelves. For instance, while soybean oil can be used as a frying medium or blended with ethanol to produce biodiesel fuel, a different process must be applied to turn it into lecithin. Visit this Page for More Information: Edible Oil Industry Palm Oil: The oil palm, Elaeisguineensis, is native to Africa. The commercial values of this crop lies mainly in the oil that can be obtained from the mesocarp of the fruit - palm oil and the kernel of the nut - palm kernel oil. In fact, oil palm is the only fruit that can give these two types of oil. Both are edible oils but with very different chemical composition, physical properties and applications. Palm oil is used mainly for cooking such as cooking oil, margarine and shortening but also has non-food applications such as soap, detergent, and cosmetics. Read Similar Articles: Oils and fats Soybean Oil: Soybean oil is a rich source of essential fatty acids, both linoleic and linolenic acid. These polyunsaturated fatty acids are important key to prevent cardiovascular diseases bylowering serum cholesterol through reducing lipoprotein ( LDL ) synthesis and increasing lipoprotein breakdown, as well as by the effect of linolenic acid. Linolenic acid reduces plaque formation and thrombosis by decreasing platelet aggregation, promoting prostaglandin E3 synthesis. Related Project: Setting a Profitable Business of Edible Oil Refinery (Soya & Palm) How to set up an Edible Oil Refinery You'll need a solid plan and setup to start a business as an edible oil refinery. Palm oil and soya bean sourcing are two essential elements in establishing a refinery. After creating your own refining process, the next step is to purchase equipment and machinery such as a crusher, vacuum system, separator, and so on. Water supply plant, electricity supply plant, office building, canteen, and other items are also vital for the smooth operation of the factory. Read our Books Here: Oils and Fats To acquire the finest results from the refinery equipment, adequate planning is required. For example, it takes a long time to set up machineries correctly, and if a mistake is made, it becomes difficult to continue working, resulting in lost money or machine damage if material becomes lodged somewhere. Because there will be continuous checking and tweaking, the labour will become exhausting. There should be someone in charge of maintenance once or twice a month to ensure that everything runs smoothly until the end of the project's life cycle. Benefits of Edible Oil Refining Soya & Palm Business You will receive refined edible oils, such as soya palm or palm, at a reasonable price. This is a capital-intensive firm with low human requirements, resulting in a high profit margin. As long as you have a modest scale processing plant and get raw materials from a reputable provider, there is no need to invest in equipment and technology. You can earn extra money by selling by-products like glycerol cake and sawdust, for example. Related Feasibility Study Reports: Edible Oils Market Outlook: The global edible oil market is estimated to grow at a CAGR of 3.57% from a market value of USD96.878 billion in 2019 to attain a market value of USD119.571 billion by the end of 2025. The global edible oil market is anticipated to witness a substantial growth owing to increasing popularity of unrefined, unprocessed, healthy, and organic oil. In the coming years, vegetable oils with low cholesterol, fat, and calories are likely to gain high response due to growing health awareness among people across the world. In addition, major improvement in retail network, increasing crop yields, oil production, and growing economies are some of the prominent factors supporting the growth of the global edible oil market. Watch other Informative Videos: • Oils and Fats • Essential Oils, Edible Oils, Phytochemicals, Aromatic Chemicals, Aromatic Compounds, Spice Oils and Oleoresins Projects The global soybean market is expected to register a CAGR of 5.78% during the forecast period (2020-2025). The growing awareness among consumers regarding the advantages of soybean oil, in comparison to other vegetable edible oils, has driven its demand significantly. Palm Oil Market size is estimated to be $81.9 billion in 2019, growing at a CAGR of 6.0% during the forecast period 2020-2025. Growing consumer awareness regarding positive health benefits of palm oil, changing consumption habits of consumers towards nutritional diet and increasing demand for edible oils are driving the market growth in recent years. The edible oil market in India has grown significantly over a period of time. In terms of revenue, it reached US$5.18 billion in 2016 and is expected to grow at a CAGR of 12.9% during 2018-2024. The markets are projected to reach US$7.2 billion by 2024. A large chunk of revenue generated by edible oils industry comes from Soya beans as well as RBD Palmolein/Palm Olein and crude palm oil. There exists significant potential for investors to tap into growing opportunities in Indian edible oil industry. Key Players: • A D M Agro Inds. India Pvt. Ltd. • Adani Wilmar Ltd. • Betul Oil Ltd. • Budge Budge Refineries Ltd. • Bunge India Pvt. Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
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Start Magnesium Sulphate Production Business | Investment Opportunities for Entrepreneurs

Magnesium Sulphate is an inorganic salt with the formula MgSO4 (H2O) x where 0?x?7. It is often encountered as the heptahydrate sulphate mineral epsomite (MgSO4•7H2O), commonly known as Epsom salt, is a mineral. It works by replacing magnesium in the body and increasing water in the intestines. Magnesium sulphate can be used orally as a laxative to relieve occasional constipation, and to treat low levels of magnesium, the majority was used in agriculture. Not all external uses for magnesium sulphate have been approved by the FDA. Visit this Page for More Information: Chemical Industry Projects Manufacturing Process Magnesium Sulfate is extracted from sea water, where it occurs naturally. The raw materials are dissolved in water and subjected to electrolysis. After that, magnesium hydroxide precipitates and can be heated to crystallize magnesium sulphate which then can be further processed into other forms or used as a solid desiccant or dehydrating agent. Read Similar Articles: Chemical Industry Manufacturers of chemical products depend on chemicals such as magnesium sulphate to carry out numerous reactions for them throughout their business processes. Although there are many uses for chemicals such as these, one of its most common uses is for food production purposes. When foods have been stored too long at high temperatures, they often tend to spoil quickly because they become moist with humidity. Related Project Report: Profitable Business of Magnesium Sulphate Benefits 1. Low investment 2. No skills required 3. Low running cost 4. Immediate income after setting up 5. High profit margin 6. Easy Storage 7. Procurement can be made from farmers 8. Economical as an ingredient for agriculture and horticulture 9. Current market demand is high 10. a lot of export opportunities 11. Can be used in various industries such as horticulture, agriculture, animal husbandry and aquaculture Related Feasibility Study Reports: Chemicals (Organic, Inorganic, Industrial) Projects 12. Relatively cheap supply in India 13. Highly potential business idea 14. Not chemical based business 15. Little or no competition 16. Has strong scope for growth 17. Less capital intensive 18. Quick returns 19. Easy liquidity 20. Simple business set-up 21. Potential expansion 22. Environment friendly product 23. Margin improvement 24. Free from intermediaries 25. Promising revenue generation Read our Books Here: Chemical Technology (Organic, Inorganic, and Industrial), Fine Chemicals Market Outlook: Magnesium Sulfate Market is to reach $1,233.3 million by 2026, after growing at a CAGR of 5.1% during 2021-2026. The growing need to achieve high agricultural yields coupled with the substantial growth of the worldwide agricultural industry is expected to be the main driver of demand growth in the years ahead. Furthermore, increasing use of magnesium sulfate in the personal care & cosmetics sector to formulate a range of important personal care items, including hair products, skincare products, sun-tan products and skin fresheners will create new opportunities for the growth of the global magnesium sulphate industry. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Key Players: • Agro Phos (India) Ltd. • Aksharchem (India) Ltd. • Arihant Chemicals Inds. Ltd. • Liberty Phosphate Ltd. • Pioneer Magnesia Works Pvt. Ltd. • Sam Industries Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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How to Set up Granulated Fertilizers Production Plant | Investment Opportunities in Agriculture Based Industry

Introduction Granulated fertilizers are dry materials that dissolve in water. They’re an alternative to liquid fertilizers, which release nutrients through osmosis over time. Granulated fertilizers usually contain ammonium nitrate (NH4NO3), potassium sulfate (K2SO4), diammonium phosphate (NH4H2PO4) or superphosphate (Ca(H2PO3)2). Visit this Page for More Information: Start a Business in Fertilizer Industry The material is composed of uniform particles that can easily be spread on soil surfaces Granulated fertilizers also help suppress disease pressure by releasing essential elements throughout a crop’s growing season. While farmers typically use granulated fertilizers during spring planting periods, many gardeners use them in fall after harvesting summer crops so they don’t lose precious soil moisture before winter arrives. Related Feasibility Study Reports: Fertilizers, Fertilisers, Inorganic Fertilizers (Mineral Fertilizer), Macronutrients and Micronutrients, NPK, SSP, Single Super Phosphate, Urea, Nitrogen Fertilizer, Nitrogenous Fertilizer, Diammonium Phosphate Projects Uses of Granulated fertilizers The most common use of granulated fertilizers is in agriculture. They are used by farmers as plant nutrients to promote plant growth, and also as an aid for certain pest control strategies. A granular fertilizer is placed around (or sometimes on) a seedling or young tree at planting time and then absorbed through its roots during growth. There are many different types of granular fertilizers for specialized applications such as lawn care. Horticultural grade potassium nitrate, also known as saltpeter, is used as a fumigant that inhibits sprouting and fruiting from seeds, making it useful to prevent weed problems. Related Project: Investment Opportunities In Production Of Granulated Fertilizers Benefits Two major benefits of granular fertilizers include their ability to be transported easily and applied very evenly. These two beneficial features, there are still several other benefits that make fertilizer granules one of your best options for improving your lawn’s health. Granular products do not require any special equipment for application (except spreading with a spreader), it is easier to apply them accurately over the areas where they will have maximum effect on your yard or garden plants. Market Outlook: The global market for granulated fertilizers is expected grow at a Good CAGR between 2018 and 2027. Significant growth in the agriculture sector, along with an increasing requirement for enhancing soil fertility and crop growth, is one of the key factors driving the growth of the market. In line with this, the widespread adoption of organic farming practices as a means of sustainable development to bridge the substantial demand and supply gap of food products is also providing a boost to the market growth. Read our Book Here: Manufacture of Biofertilizer and Organic Farming Additionally, the development of advanced farming techniques and increasing utilization of bio-fertilizers are acting as other major growth-inducing factors. Apart from this, expanding trade activities of crops and produce, especially with developing nations, are also creating a positive impact on the market. The increasing adoption of fertigation techniques across major crops is also fueling demand for granulated fertilizers globally. Watch other Informative Videos: Fertilizers, Biofertilizer, Inorganic Fertilizers (Mineral Fertilizer), NPK, Nitrogen Fertilizer,Nitrogenous Fertilizer, Diammonium Phosphate Projects See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects For more Details: https://bit.ly/3tvWnaC
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing Business of Zinc Sulphate | Profitable Business Opportunity in Chemical sector

Zinc Sulphate is a combination of zinc and sulphur. It is used in farming as an organic fertilizer, and is also found in various medicines. The manufacturing process involves extracting zinc and sulphur from their ores and then mixing them together. In some cases, aluminum sulfate might be added too. This can help with the binding of chemicals and prevent them from flowing off after application. Zinc is often referred to as spelter or mineral white zinc, while sulfur’s natural form is called brimstone or flowers of sulfur. When combined, they are generally sold under several names including STS (Sulphated Trisodium Sulfate), STP (Sulphated Tetraborate), WSP (water soluble phosphate) or just zinc oxide. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses of Zinc Sulphate Zinc sulphate solution may be used in the production of zineb (zinc ethylene bisdithiocarbamate). Zineb, and agricultural fungicide, is commonly employed to protect crops such as apples, pears, cabbage, broccoli and ornamentals as well as citrus, stone-fruit, cotton and wheat. Zinc Sulphate is used in agriculture as a weed killer and to give protection against pests. It is used to supply zinc in animal feeds and fertilizers; Zinc Sulphate is also an important constituent of the precipitating bath in the manufacture of viscose rayon and in electrolyte for zinc plating. Zinc Sulphate functions as a mordant in dyeing; as a preservative for skins and leather; and as an astringent and emetic in medicine. Read Similar Articles: Chemical Industry How is zinc Sulphate produced? Producing zinc sulphate are roasting and leaching, flash chlorination, and thermal decomposition. Each method is suitable for a specific range of zinc ores with differing sulfur contents. Roasting and leaching can be used to process an ore with up to 0.5% sulfur while flash chlorination is effective on ores containing 0.25% or more sulfur by weight. Related Feasibility Study Reports: Chemicals,Chemicals Organic, Chemicals Inorganic, Zeolite, Sulphate, Wax, Activated Carbon, Polishing, Compounds, Acids, Starch, Nitrate, Phosphate, Formaldehyde, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture and Vermi Compost Projects Thermal decomposition works best with ores that contain 20% sulfur or more and chlorine content of at least 70%. Flash chlorination produces more zinc oxide than other techniques but it also generates larger quantities of other compounds such as ammonium chloride (NHCl), calcium sulfate (CaSO4), sodium chloride (NaCl), potassium sulfate (K2SO4) and sodium carbonate ((Na2CO3). Thus, in many cases these impurities must be removed before commercial grade product is produced. Related Project: Zinc Sulphate - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Economics Market Outlook: Global Zinc Sulfate Market is valued to grow at healthy CAGR of 4.2% over in period 2020-2026. Increasing usage as a fertilizer additive in agricultural industry to prevent and correct zinc deficiency in crops, rising demand of applications of raw material for manufacturing latex products and usage as an herbicide for moss control are the key factors driving the market. Zinc sulfate plays a prominent role in treating zinc deficiencies in humans and is used as a fertilizer for agricultural sprays to improve soil nutrient which is expected to play a crucial role in the market development. Read our Book Here: The Complete Technology Book on Chemical Industries The zinc sulphate market in India is expected to reach US$ 40.5 MN by 2026, registering a CAGR of 10.7% during 2020–2026. Increasing demand for fungicides and pesticides in agriculture applications, growing interest of farmers towards using zinc sulphate for crops like rice, wheat, maize and cotton are some of the factors driving growth of zinc sulphate market in India. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Zinc has antifungal properties against several types of fungi causing different crop diseases such as Botrytis, Alter aria & Phytophthora Leaf Blight. Due to its anti-oxidant properties zinc acts as an effective rust inhibitor on boats, cars & equipment exposed to salt water or high humidity conditions. See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Waste Oil Recycling Business Plan | Investment Opportunities in Waste Lubricating Oil Recycling Plant

Waste lubricating oil recycling plants are installed at garages and used-oil collection centers to recycle waste lubricating oils and turn them into usable products for companies that make up for their losses. These plants extract out reusable products from used or wasted lubricating oils. In many cases, these plants also purify oil to produce commercial grade lubricants that can be sold to manufacturers or wholesalers. The plant is best suited for large scale production of oil and other re-usable commodities. Read our Book Here: Lubricating Oils, Greases and Petroleum Products Manufacturing Handbook How does the waste lubricating oil recycling plant works? The waste lubricating oil recycling plant consists of various units such as a dryer, a centrifuge, and an environmental treatment device. During operation, waste lubricating oil would be input into a certain pre-designated area in factory where it would be dried out by a heat source until it’s completely vaporized from its liquid state. Afterwards, if needed for further processes, it will then be fed to a centrifuge where any solid contaminates are separated out from it before being recycled or disposed of accordingly. Depending on industrial oils, most customers opt for heavily refined versions due to their high quality performance when used during running machinery. Related Feasibility Study Reports: Petroleum and Petroleum Products, Refining, Greases, Lube Oil, Brake Fluid, Automotive & Industrial Lubricants, Gear Oils, Wax & Wax Products, Paraffin Wax, Polishes, Bitumen, Base Oil, Crude Oil, Fuel Oils, Lubricating Oils, Gear Oils, Kerosene This level of refining is done in a vacuum distillation process which often results in very large volumes of waste lube oil that contains no hazardous material whatsoever; these oily wastes can then be reprocessed using an advanced refining process known as hydro-treating. In many cases, only 15% new petroleum is required by these plants to maintain consistent overall energy use, resulting in about 85% reduction over traditional internal combustion engines. Then end product are called base oils Read our Books Here: Petroleum, Greases, Petrochemicals, Lubricants Benefits Reducing waste oil disposal costs, saving carbon dioxide emissions, reducing urban air pollution and water contamination. The market potential for waste lubricating oil recycling is large in that more than 80% of industrial lubricants are used in machinery manufacturing and therefore eventually become waste after use. All these factors make waste lubricating oil a huge resource and investment opportunity. Watch other Informative Videos: Petroleum and Petroleum Products Market Outlook: India industrial lubricant market is projected to grow to USD 1.91 billion by 2027, on the back of strong growth in construction & mining sectors across the country. Industrial lubricants find application in variety of end user industries therefore, an extensive list of lubricants is available that include hydraulic oil, greases, gear oil, compressor oil, industrial engine oil, metal working fluids and bearing oil. Among these, the hydraulic lubricants and machine lubricants dominate the market due to high demand in industrial and mining applications. Related Project: Investment Opportunities in Waste Lubricating Oil Recycling Plant The waste lubricating oil recycling plant market is highly lucrative, and is expected to grow at a healthy CAGR. The rise in awareness about environmental pollution due to improper disposal of used oil has compelled end-users of lubricants and machinery manufacturers to adopt proper procedures for used oil management. In addition, it has also increased demand for recycled products that are friendly to environment. Watch Video: Petroleum Lubricating Oil and Grease Manufacturing Industry | Lube Oil Blending Plant Market growth is highly dependent on factors such as rising disposable income, development of infrastructural facilities and diminishing crude oil prices. Waste lubricating oil recycling plant market is also driven by government regulations and incentives related to waste disposal and non-renewable energy generation. However, limited availability of space for installation may hamper industry’s growth over the forecast period. In addition, environmental concerns regarding wastage of lubricants in nature can restrict market share for recycled products. See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects ???????????????????????????? ???????? NIIR PROJECT CONSULTANCY SERVICES, DELHI An ISO 9001:2015 Company ENTREPRENEUR INDIA 106-E, Kamla Nagar, Opp. Mall ST, New Delhi-110007, India. Email: [email protected] [email protected] Tel: +91-11-23843955, 23845654, 23845886 Mobile: +91-9097075054, 8800733955 Website: https://www.entrepreneurindia.co https://www.niir.org
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing Business of IV Fluids (BFS Technology)

Intravenous fluids are fluids administered intravenously (via veins) or directly through the circulatory system to a patient. These fluids must be sterile to protect patients from harm, and there are several options. Many businesses sell pre-packaged intravenous fluids and other items that can be mixed with sterile water to make an intravenous solution. There are two types of intravenous fluids. Crystalloids, such as saline solutions, contain a solution of water-soluble molecules. Colloids are made up of particles that aren't soluble in water and have a high osmotic pressure, which causes fluid to flow into blood arteries. Intravenous fluids can also be used to provide medications in addition to delivering fluids. With the help of an infusion pump, a doctor can dissolve a little amount of medication in a bag of intravenous fluids and infuse the medicated fluid straight into the bloodstream over a long period of time. Fluids are also often utilised to aid in the recovery of individuals who have undergone surgery; people who receive fluids after surgery recover more quickly than those who do not. IV fluids are made up of a range of solutions. The one chosen is determined on the situation. As a simple mode of delivery, several additional chemicals can be added to the IV solution. Antibiotics, pain relievers, and other medications can be mixed into the IV to ensure that the patient receives the medication as soon as possible. Dextrose (also known as D-glucose, Corn Sugar, Starch Sugar, Blood Sugar, and Grape Sugar) is the most abundant sugar in nature. It can be found free (mono saccharine form) or chemically coupled with other sugars. In the Free State, it can be found in high concentrations in honey, fruits, and berries. • Electrolyte metabolism and waste water treatment, particularly in extreme situations. • Acid-base imbalance treatment. • During the postoperative phase, a dextrose solution is utilised to reduce salt extraction. • A dextrose solution with a concentration of 10-15% is used as a diuretic to promote urine flow. • Saline solution is used when a significant amount of salt has been lost due to vomiting, stomach or intestinal duodenal aspiration, or an alimentary fistula. In medicine, intravenous (IV) fluids are used to restore vital nutrients or chemicals that the body cannot produce on its own. IV fluids are also widely utilised in medical conditions where someone has lost a considerable amount of fluid from their body and requires rapid rehydration as well as electrolyte and vitamin replacement, such as accidents or illnesses. If IV fluids are needed to treat a sickness or disease, doctors will examine the patient's condition on a regular basis to ensure that it does not deteriorate and that his or her health recovers quickly and successfully. The global intravenous (IV) solutions market was valued at USD 6.9 billion in 2015, and it is predicted to grow at a 7.8% CAGR over the next five years. The constantly growing geriatric population, as well as the high prevalence of malnutrition among the elderly and children, might be attributed to the growth of this industry. The intravenous (IV) solution market is expected to develop at a compound annual growth rate (CAGR) of 7.69 percent from 2016 to 2022, reaching USD 11,511.2 million. The market is expanding due to the rising prevalence of chronic diseases and the increasing acceptability of vitamin C intravenous treatment therapy for colorectal cancer. Key Players: • Abaris Healthcare Pvt. Ltd. • Ahlcon Parenterals (India) Ltd. • Axa Parenterals Ltd. • Infutec Healthcare Ltd. • Kokad Pharmaceutical Laboratories Ltd. • Parenteral Surgicals Ltd.
Plant capacity: IV Fluids (500 ml Size Pack): 78,000 Packs Per DayPlant & machinery: 576 Lakhs
Working capital: N/AT.C.I: Cost of Project: 1190 Lakhs
Return: 27.00%Break even: 50.00%
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Set up your own Maize Processing Plant with Cogeneration Plant

After wheat and rice, maize is the third most significant cereal/crop, and it offers a wide range of processing options due to its high nutritional content and cost-effectiveness. Maize (sometimes known as corn) is a cereal grass commonly used for food and animal feed. In India, maize is one of the most extensively consumed foods. India produces 21 million tonnes of maize every year, with Karnataka, Andhra Pradesh, and Rajasthan producing the most. India is one of the world's largest maize producers, and the grain can be grown throughout the year in practically any agro-climatic zone within its borders. Maize planting has increased in India in recent years, resulting in its domination as a starch source among processors. Maize is one of the most adaptable crops in development, thriving in a variety of agro-climatic situations. Maize is recognised as the "Queen of Cereals" around the world because it has the highest genetic production potential of all cereals. Starch, oil, protein, alcoholic drinks, food sweeteners, medicines, cosmetics, film, textile, gum, packaging, and paper are just a few of the sectors that use maize as a primary raw material. In commercial food production, a maize processing factory, often known as a corn mill, plays a significant role. Dry maize is ground into corn meal or corn flour at the factory, which is subsequently used to make tortillas, breads, and cereals. The grain can also be fermented and distilled to make ethanol fuel, or it can be processed into syrups to sweeten carbonated beverages. Depending on the type of gear used and the degree of milling that occurs during processing, a maize processing facility can do more than just turn corn into corn flour, cornmeal, or grits. Despite the fact that these are all common applications for maize processing facilities. Almost 57 percent of maize produced in India is utilised to feed poultry and livestock. Thirty-three percent is consumed, 9% is utilised to manufacture starch and related products, and 1% is used as seed. Maize is mostly used to make starch and other industrial products in the United States and Europe. Despite being one of the world's major maize producers, India's value addition in the form of processing lags behind more industrialised countries. A considerable amount of starch is transformed into high-value-added nutritional sweeteners, such as glucose syrup, dextrose, and fructose syrup, in modern countries. The Indian corn starch market is expected to increase at a CAGR of 3.9 percent from 2019 to 2024, reaching $1.37 billion in 2018. Corn's wide range of uses in industries including as food and beverage, medicines, animal feed, textiles, and paper are moving the India Corn Starch market ahead. Textile, paper, and construction sectors, as well as the pharmaceutical industry, are the primary consumers of starches. Although the usage of these derivatives in the food business is slowly increasing, there is still a lot of untapped potential in the maize starch processing industry. North America is the most important market for corn starch in terms of both value and volume. In contrast, the maize starch market in Asia Pacific is expected to develop at the fastest rate in the coming year, at a CAGR of 6.4 percent. Maize starch demand is rising across Asia Pacific, particularly in ASEAN, China, and India, where major corn starch producers have recently made significant investments. Key Players: • Aksharchem (India) Ltd. • Amaravati Agro Ltd. • Cargill India Pvt. Ltd. • Devi Corn Products Ltd. • Gayatri Bioorganics Ltd. • Gujarat Ambuja Exports Ltd.
Plant capacity: Maize Starch: 150 MT Per Day | Liquid Glucose: 20 MT Per Day | Maltodextrin: 18 MT Per Day | Gluten as by Product: 33 MT Per Day | Germ as by Product: 21 MT Per Day | Fiber as by Product: 36 MT Per DayPlant & machinery: 136 Cr
Working capital: N/AT.C.I: Cost of Project: 171 Cr
Return: 21.00%Break even: 32.00%
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Active Pharma Ingredients Metformin and Ciprofloxacin Production Business

Metformin (also known as Glucophage) is an oral diabetes medication that helps the body use insulin more effectively and lower blood sugar levels. Metformin is a diabetes treatment that can be taken alone or with other diabetes drugs. It has no side effects like hypoglycemia or weight gain, which are common with other diabetic treatments. Metformin does not cure diabetes, but it can help you manage your blood sugar and lower your risk of problems if you take it as prescribed by your doctor. Metformin is the first-line treatment for type 2 diabetes, especially in overweight individuals, and is sold under the brand names Glucophage and others. Polycystic ovarian syndrome (PCOS) is also treated with it (PCOS). It's taken orally and hasn't been linked to weight gain. It's sometimes used off-label to aid people who take antipsychotics or phenelzine avoid gaining weight. Metformin is a biguanide, which is a type of antihyperglycemic medication. It works by lowering glucose production in the liver, improving insulin sensitivity in body tissues, and increasing GDF15 secretion to reduce hunger and calorie intake. Metformin is a drug that is used to treat high blood sugar levels caused by type 2 diabetes, sometimes known as sugar diabetes. In this type of diabetes, the pancreas' insulin is unable to carry sugar into the body's cells, where it can operate normally. Metformin can help lower blood sugar and restore the way you use food to make energy when it's too high, either alone or in combination with a type of oral antidiabetic medicine called a sulfonylurea, or insulin. Metformin is a drug that aids in the regulation of blood sugar levels in persons with type 2 diabetes. It's also used as a second-line treatment for infertility caused by polycystic ovarian syndrome. Infections of the urinary tract (not recommended as a first-line antibiotic) Ciprofloxacin is the active ingredient in Ciprofloxacin, an antibiotic. It prevents germs from copying their DNA, which is how it works. It's primarily used to treat infections of the urinary tract, respiratory tract, prostate gland, skin and soft tissue infections, and anthrax because of its broad spectrum of activity against Gram-positive and Gram-negative bacteria, as well as its ability to penetrate bacterial biofilms and stationary phase cells in both aerobic and anaerobic environments. In 1983, Bayer A.G. developed ciprofloxacin, which was approved by the US Food and Drug Administration (FDA) in 1987. The FDA has licenced ciprofloxacin for 12 human and veterinary uses, however it is routinely used for unapproved reasons (off-label). Antibiotics, herbal and natural supplements, and thyroid therapies are among the medications that interact with ciprofloxacin. • Acute uncomplicated cystitis in women • Chronic bacterial prostatitis in men (not recommended as a first-line antibiotic choice) • Respiratory tract infections are less common (not recommended as a first-line antibiotic choice) • Acute sinusitis (not recommended as a first-line antibiotic choice) • Infections of the skin and the tissues that support it • Infections of the bones and joints • Infectious diarrhoea • Salmonella typhi-caused typhoid fever (enteric fever) Metformin hydrochloride API producers are strengthening their manufacturing capacities to lessen their reliance on China as anti-China sentiment grows in India. Due to interruptions in supplies from China as a result of the COVID-19 pandemic, manufacturers have been ramping up domestic production of active medicinal components (APIs). Despite the fact that India is known as the world's pharmacy because to its vast production capabilities in generic pharmaceuticals and vaccines, China is proving to be a tough rival, accounting for half of worldwide API supply. Indian drug companies are seeking to domestic producers to minimise their reliance on China in the metformin hydrochloride API business, as ties between the two countries have improved since a deadly border clash in June 2020. The Indian ciprofloxacin market is likely to grow rapidly over the forecast period. The ciprofloxacin market in India is being driven by the increased prevalence of renal disorders and eye infections, among other things. Ciprofloxacin is a second-generation fluoroquinolone that is used to treat a range of ear infections, including otitis externa, which is expected to drive market growth through FY2026. In addition, the market is expected to grow in the next years as the demand for broad-spectrum antibiotics that can treat a wide range of gram-positive and gram-negative bacteria grows. Key Players: • Aarti Drugs Ltd. • Abhilasha Pharma Pvt. Ltd. • Auro Laboratories Ltd. • Corvine Chemicals & Pharmaceuticals Ltd. • Godavari Drugs Ltd. • Harman Finochem Ltd.
Plant capacity: Metformin: 2,000 Kgs. Per Day | Ciprofloxacin: 1,000 Kgs. Per DayPlant & machinery: 104 Lakhs
Working capital: N/AT.C.I: Cost of Project: 584 Lakhs
Return: 31.00%Break even: 58.00%
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