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

Mining & Minerals: Project Opportunities in Jharkhand

PROFILE:

Minerals are valuable natural resources being finite and non-renewable. They constitute the vital raw materials for many basic industries and are a major resource for development. Management of mineral resources has, therefore, to be closely integrated with the overall strategy of development; and exploitation of minerals is to be guided by long-term national goals and perspectives. Ministry of Mines is responsible for survey and exploration of all minerals, other than natural gases, petroleum and atomic minerals, for mining and metallurgy of non-ferrous metals like aluminium, copper, zinc, lead, gold, nickel, etc. and for administration of the Mines and Minerals (Regulation and Development) Act, 1957 in respect of all mines and minerals other than coal, natural gas and petroleum.

The newly carved out resource rich State of Jharkhand is widely acclaimed as the region of the future, having immense potential for industrialisation with its large deposits of minerals which could provide a firm launching pad for various industries.

RESOURCES:

Jharkhand is one of the richest zones of minerals in the world. The 40% of the total minerals of the country are available in this state. The State is the sole producer of cooking coal, uranium and pyrite. It ranks first in the production of coal, mica, kyanite and copper in India. The geographical exploration and exploitation of gold, silver, base metals, decorative stones, precious stones, etc. are the potential areas of the future. Jharkhand is also endowed with other resources such as surface and ground water, land with immense bio-diversity, moderate climate, disciplined and skilled manpower, adequate availability of power, which are the basic essentials for the growth and development of industries.

GOVERNMENT POLICIES:

Jharkhand region is generously endowed with Mineral Wealth and the State Government is committed to create an environment conducive to the growth of Mining and Mineral based Industries in the State. In view of this, the State's Industrial policy covers certain clauses relevant for Mining and Mineral sector, which are enumerated below:

•        Simplify procedures and expedite granting of mining leases.

•        Provide certain relief to make mining activities easier.

•        Encourage use of modern exploration techniques to set up a resource inventory of various minerals in the State.

•        Encourage joint venture projects with SMDC.

•        Clear mining lease applications and project report within 60 days.

•        Encourage foreign investment and technological collaboration by OCBs and NRIs in selected sectors including Mineral development.

•        Encourage Private Sector participation in Mining Activities

Jharkhand State Mineral Development Corporation Ltd. was incorporated on 7th May, 2002 after bifurcation from Bihar State Mineral Development Corporation Ltd. JSMDC is a Government of Jharkhand Undertaking under the Dept. of Mines & Geology, Govt. of Jharkhand. It is premier producer and supplier of minerals and mineral based products in the State of Jharkhand. Core business of the Company is production and marketing of coal, limestone and its powder, kyanite, graphite, granite blocks and manufacturing of granite tiles of smaller dimensions. JSMDC is a consistently making profit company. Annual turnover is more than 100 Crores in the current fiscal year.

 

 

 

Agro-Based Industries: Project Opportunities in Jharkhand

 

 

PROFILE:

 

Agro-based industry would mean any activity involved in cultivation, under controlled conditions of agricultural and horticultural crops, including floriculture and cultivation of vegetables and post-harvest operation on all fruits and vegetables. The development of agro-industries has assumed crucial importance in the economic planning and progress of the country. The agro industry is regarded as an extended arm of agriculture. The development of the agro industry can help stabilise and make agriculture more lucrative and create employment opportunities both at the production and marketing stages. The broad-based development of the agro-products industry will improve both the social and physical infrastructure of India. Since it would cause diversification and commercialization of agriculture, it will thus enhance the incomes of farmers and create food surpluses. The state of Jharkhand having diversified agro-climatic conditions is much suited for the development horticulture based economy that has ample scope for its growth.

RESOURCES:

The agro-climatic conditions of the State are conducive for commercial cultivation of large varieties of fruits, vegetables,flowers and medicinal and aromatic plants. Plantation and Horticulture is one of the important sub sectors of Agriculture having ample scope for expansion in the state of Jharkhand. The state of Jharkhand has a total geographical area of 79.7 lakh ha out of which cultivable land is 38 lakh ha. The net irrigated area is only 1.57 lakh ha which is only 8% of the net sown area. The total area occupied for plantation and horticulture crop in the state is about 2.57 lakh hectares. Different kinds of fruits are grown in Jharkhand. The crops grown in Jharkhand are Mango, Litchi, Stone fruit (Peach), Citrus (Lime/Lemon), Awla and Papaya in fruits, Chilli, Turmeric and Ginger in spices, Rose, Marigold, Gerbera, Carnation and Gladiolus among flowers, Lemon grass, Palmarosa and Rosa damascena in aromatic plants, Cashew in Plantation crops. Jharkhand endowed with vast impounded fresh water resources in the form of tank/ponds and reservoirs. The major plantation crops cultivated in the State are cashew nut and coconut. The Board has identified the State as high potential State for coconut cultivation as the average productivity of coconut palm is 36 nuts per palm, which is above the national average of 34 nuts. Cashew nuts popularly known as a gold mine of wastelands is very ideal for cultivation in wastelands and hence there is good potential for cashew cultivation especially in East and West Singhbhum districts. Tea plantation in a small measure has been taken up in Ranchi district, which has a favourable climate for growing tea.

 

 

 

GOVERNMENT POLICIES:

 

 The promotion of Agro-based industries is among the priorities of the State Government. The state has assured supply of fruits & vegetables grown by applying scientific techniques, investment in post harvest and good transport infrastructure. The National Horticulture Mission (NHM) in the Jharkhand State was launched in late 2005-06 initially in 10 districts with main focus on production of planting materials, vegetable seed production, establishment of new gardens, creation of water resources etc. Establishment of new gardens include perennial and non perennial fruits, spices, floriculture, aromatic and medicinal plants. This scheme was 100 % sponsored by Central Govt. during 2005-06 and 2006-07 (Xth Five Year Plan). However, during 2007-08 and onwards (XIth Five Year Plan) this scheme has been implemented in 15 districts with the pattern of assistance as 85:15 by Central Govt. and State Govt. respectively. The Jharkhand government has decided to set up a food park to kick off the development of the food processing sector in the state and attract investors. In general very few small scale food processing industries are present in the state.

 

 

 

 Sericulture (Tasar Silk): Project Opportunities in Jharkhand

 

PROFILE:

Sericulture is an agro-based industry. It involves rearing of silkworms for the production of raw silk, which is the yarn obtained out of cocoons spun by certain species of insects. The major activities of sericulture comprises of food-plant cultivation to feed the silkworms which spin silk cocoons and reeling the cocoons for unwinding the silk filament for value added benefits such as processing and weaving. Silk is a fine strand of fiber that is a solidified secretion produced by certain caterpillars to encase themselves in the form of cocoons. India is second largest producer of silk. Sericulture industry is looking out for the developments of young age silk worm rearing or chawki rearing. Care of silk worms start from the stage of procurement of silk worm eggs from the grainage itself. Silk worm eggs are distributed to the farmers for commercial rearing when active development of embryo is in progress. The important aspect of young silkworm rearing management are a suitable separate rearing house or room, well maintained mulberry garden with assured irrigation facilities. Sericulture has emerged as a virtual lifeline and a profitable employment avenue for villagers in Maoist-affected areas in India's eastern Jharkhand. Under the aegis of the Jharkhand state industrial department, farmers are beginning to rear silkworms.

RESOURCES:

Jharkhand, much like Chattisgarh and Uttaranchal, is endowed with adequate forest cover. These forests are home to two species of trees -Arjuna (Terminalia Arjuna) & Asan (Terminalia Tomentosa) which are breeding ground for the moth which produces the cocoon from which Tasar yarn is reeled. Jharkhand's forest department is also planning to encourage planting of Arjuna trees in place of the traditional Acacia or Eucalyptus trees. Tussar Food plants are available over an area of 9 lakh hectares. The Singhbhum and Santhalpargana regions are the main silk producing centres in the State. The State is promoting this activity through 28 pilot project centres situated in different areas. Each rearer can rear on an average 200 eggs or Disease Free Laying (DFLs) so the annual demand of commercial seed or egg is of 130 lakh. There are three types of seeds or eggs – Nucleus, Basic seed and Basic seed multiplied to commercial seed.

GOVERNMENT RESOURCES:

Tasar culture is a backbone for Tribal development, and the Government of India, through the Central Silk Board and different State Governments have initiated several developmental and welfare measures for the tribal welfare through it. Jharkhand's forest department is also planning to encourage planting of Arjuna trees in place of the traditional Acacia or Eucalyptus trees. Jharkhand Sericulture Development Institute (JSDI) and Jharkhand Silk Technical Development Institute (JSTDI) are being strengthened to give an impetus to this sector. During the year 2010-11, it is proposed to rear 2.35 lakh tasar nucleus DFLs, 16 lakh of tasar basic DFLs and 96 lakh of commercial DFLs through seed and commercial rearers in the State. It is proposed to be benefited 40,000 -50,000 Tasar farmers through Tasar seed production and its rearing during the year.

 

Steel Industry

 

PROFILE:

Steel Industry is a booming industry in the whole world. India’s economic growth is contingent upon the growth of the Indian steel industry. Consumption of steel is taken to be an indicator of economic development. While steel continues to have a stronghold in traditional sectors such as construction, housing and ground transportation, special steels are increasingly used in engineering industries such as power generation, petrochemicals and fertilisers. Indian Steel Industry is more than a century old. India has now emerged as the eighth largest producer of steel in the world with a production capacity of 35MT. Almost all varieties of steel is now produced in India. India has also emerged as a net exporter of steel which shows that Indian steel is being increasingly accepted in the global market. The growth of the steel industry in India is also dependant, to a large extent, on the level of consumption of steel in the domestic market. Steel consumption is significant in housing and infrastructure. In recent years the surge in housing industry of India has led to increase in the domestic demand for steel.

 

 

RESOURCES:

Jharkhand emerges as hub for steel companies. The state is endowed with deposits of Iron Ores of both, Hematite & Magnetite. The Hematite deposits are mainly located in the West Singhbhum District and have a resource base exceeding 3700 Million Tonnes. These have been explored only in pockets by large industry houses in their lease hold. There is a very good scope of enlarging this resource base by further exploration. The Magnetite Deposits are located in the East Singhbhum, Latehar & Palamu districts. They comprise lenticular ore bodies as well as Schist rocks with 80 to 36% magnetic. The exploration of these bodies is yet to be taken up. The existing steel mills are sourcing their iron ore (Hematite) from West Singhbhum. The Magnetite ore is being used in heavy media coal washeries & paints. Tata Steel's largest plant is located in Jamshedpur, Jharkhand, with its recent acquisitions; the company has become a multinational with operations in various countries. If the interest shown by all the companies, big and small, in Jharkhand's iron ore deposits translates into reality, the state will produce more than half the total steel in India. First Iron & steel factory  is located at Jamshedpur and Largest Steel plant in Asia is Bokaro steel plant.

 

GOVERNMENT POLICIES:

Under the new industrial policy, iron and steel has been made one of the high priority industries. Price and distribution controls have been removed  as well as foreign direct investment up to 100% (under automatic route) has been permitted.  The Trade Policy has also been liberalized and import and export of iron and steel is freely allowed with no quantitative restrictions on import of iron and steel items. Tariffs on various items of iron and steel have drastically come down since 1991-92 levels and the government is committed to bring them down to the international levels.  With the abolishing of price regulation of iron and steel in 92, the steel prices are market determined. The policy devises a multi-pronged strategy to achieve these targets with following focus areas; removal of supply constraints especially availability  of critical inputs like iron ore; improve cost competitiveness by expanding and strengthening the infrastructure in roads, railways, ports and power; increase exports; meet the additional capital requirements by mobilizing financial resources; promote investments by removing  procedural delays. In addition the policy also addresses challenges arising out of environmental concerns, human resource requirements, R&D, volatile steel prices and the secondary sector. 

 

Rural Industries: Project Opportunities in Jharkhand

 

PROFILE:

Rural industry is an important source of employment for workers shifting out of agriculture. The rural industry continues to play a significant role in the expansion ofemployment, improvement in productivity and earnings, and poverty reduction in many non-industrialized countries; this is particularly the case in India. This sector has immense export potential which needs to be exploited to earn foreign exchange. To give thrust, the government aims to provide benefits in the various areas such as handloom, handicrafts, khadi village industries, forest based industries etc.

RESOURCES:

Handloom is labour intensive cottage industry sector providing employment to around 1.5 lakh weavers throughout the State. Various incentives to the handloom weavers are being provided under Deendayal Hastkargha Protsahan Yojana, which aims attaking care of wide gamut of activities, such as basic inputs like looms and accessories, product development, infrastructure support, institutional support, training to weavers, supply of equipment and marketing support, both at micro and macro levels in an integrated and coordinated manner for an overall development of the sector and benefit to handloom weavers. Handicrafts of Jharkhand reflect the cultural heritage, customs and traditions of the State. The State manufactures handicrafts in cane and bamboo works, woodcarving, stoneware, brassware, Lac based handicraft items, paper mache, terracotta, etc. The State Government may set up a model suitable ‘Handicraft Village’ in each of the districts of the State for promoting the traditional arts and crafts of the villages by adopting the "One Tambon One Product" model of Thailand. Various forest produce available in the state are mahua seed, sal seed, shellac, bamboo, kendu leaf, harre, bahera, etc.

 

GOVERNMENT POLICIES:

Focus of the Rural Industrial Policy:-

1.       Providing ample employment opportunities through rural industries.

2.       Establishing rural industries and providing help on priority basis for skill enhancement, modern technology, and marketing especially for beneficiaries of scheduled caste, scheduled tribe, backward, and minority sections.

3.       Giving priority to participation of women in development of rural industries.

4.       Encouraging participation of private sector, non-governmental organizations, cooperative societies, and self help groups for development of rural industries.

5.       Implementing cluster approach.

6.       Value addition to the minor forest produce and medicinal herbs in the tribal areas of the state itself and passing on the benefits to the tribal population of the area.

7.       Connecting rural industries with E-commerce.

With the implementation of the Rural Industrial Policy, active participation of experienced craftsmen and industrialists in the field of handloom, handicraft, leather industry, other cottage industries and silk centers would be ensured for overall development of rural industries in the rural areas.

 

 

Tourism: Project Opportunities in Jharkhand

 

PROFILE:

Tourism is one of the fastest growing industries in the world. The number of tourists worldwide has been registering phenomenal growth and it is expected that this number would shortly touch 1.5 billion. Tourism contributes about 11% of the world work force and 10.2% of the global gross domestic products. The dynamic growth of this industry is evident from the fact that a new job is added to this sector every 2.5 second. Jharkhand is endowed with rich cultural heritage and bestowed liberally with bounties of nature. Various initiatives are being taken by the Government and other organizations to promote tourism here. Jharkhand is blessed with an exotic landscape: the rolling hills, beautiful plateaus, sparkling rivers, etc. that largely contribute towards tourism at Jharkhand. Besides, the national parks, wildlife sanctuaries, holy shrines and museums, etc. largely attracts tourists to come to Jharkhand.

RESOURCES:

Blessed with immense biodiversity, moderate climate, rich cultural and historical heritage, Jharkhand is fast emerging as an ultimate tourist destination in eastern India. Jharkhand Tourism Department is taking utmost initiative to promote tourism in Jharkhand. A good number of hotels run by Jharkhand Tourism and private hoteliers have come up at popular tourist spots, which cater to all segments of travellers. Several Jharkhand Tourism Information Centers have been opened up in various parts of the city. These information centers provide details about Jharkhand travel, hotels, tourist attractions, travel agencies, licensed Jharkhand tourism guides and other important travel tips to holiday makers. Some of the major tourist spots in Jharkhand that play a vital role in the tourism industry of Jharkhand are: Netarhat, Betla National Park, Baidyanath Dham so on. It is noteworthy in this context that Kanke Dam, Ranchi Hill, Tagore Hill, Hatia Dam, Dasham Falls, Jagannath mandir, Jonah Falls, Hoondru waterfalls, etc. are the projects under the Tourism Industry of Jharkhand that heavily contributes towards the economy of the State.

GOVERNMENT POLICIES:

Jharkhand has huge potential in tourism sector. The tourism potential of the state has not been exploited and at the same time tourist spots have not been highlighted at national and international level. Jharkhand government seems to be serious to promote tourism in the state. The State Government would set up a Jharkhand Tourism Development Board to facilitate enter departmental co-operation and coordination to promote Tourism in the State. This Board would be set up under the chairmanship of the Chief Minister of Jharkhand with the Tourism Minister as Vice-chairman and Principal Secretaries/Secretaries of other relevant departments as members. The Board would also have representatives of the Hotel Association, Travel Agents Association, Adventure Sports Operators Association, NGO's and other non-official members having outstanding contribution or expertise in the field of development and promotion of tourism industries. Financial assistance as grants-in-aid, etc would be provided (to this board). The Board would advise the Government to lay down the policy guidelines for the development and promotion of tourism industry in the State, to promote public-private partnership and public sector would undertake all steps to develop and promote tourism in the State.

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Lithium Ion Battery (Battery Assembly)

Lithium batteries are now powering a wide range of electrical and electronical devices, including laptop computers, mobile phones, power tools, telecommunication systems and new generations of electric cars and vehicles. Lithium-ion (Li-ion) batteries, also known as secondary batteries, are rechargeable batteries in which lithium ions move from the negative electrode, usually made of carbon, to the positive electrode made of a metal oxide (nickel, manganese and cobalt) during discharge, and back when charging. The electrolyte is typically a mixture of organic solvents, such as ethylene carbonate, dimethyl carbonate or diethyl carbonate, containing complexes of lithium ions, such as lithium hexafluorophosphate (LiPF6), The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. The Indian automobile sector is one of the most prominent sectors of the country, accounting for nearly 7.1% of the national GDP. The industry produced a total of 25.31 million vehicles, including commercial, passenger, two, and three vehicles and commercial quadricycle in April-March 2017, as against 24.01 million in April-March 2016. However, India has set itself an ambitious target of having only electric vehicles (EV) by 2030, which is expected to increase the demand for lithium-ion batteries in India, significantly.
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Return: 1.00%Break even: N/A
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Epoxy Resin Cast Current Transformers (CT/PT Transformer)

Epoxy resin cast CTs are normally used for indoor application inside panels or cubicles. They can also be used for outdoor application provided they are enclosed in a hermetically sealed metal tank. Cast Resin transformers have an inherently safe characteristic of self-fire-extinguishing and fire resistance. The transformers can be used indoors without fear of fire, and it is not necessary to provide additional measures for safety. Features • Low partial discharge. • Matching different sizes switchgears. • Used in current measuring and protection, high accuracy. • Less maintenance and pollution free. • Easily operated and mounted. • High mechanical strength and high dielectric strength. Applications: Cast Resin transformers can be used in various fields. Here are just a few possible applications: • Indoor or outdoor unit substations • Industrial and petrochemical plants • Offshore platforms • Harmonic applications • Extremely corrosive and dirty applications • Low noise applications • Water supplies • Transit systems • SCR power supplies • Grid, ring or radial networks • Station auxiliaries. • Pad mount applications Due to such high insulation property, cast resin current transformers are extensively used in instrument transformers. Cast resin current transformers are highly preferred for instrument transformers for stepping down high voltage as well as current. Such USP is believed to be driving the global cast resin current transformers market. Cast resin current transformers are highly adopted in steel mills, pulp and paper plants, food processing facilities, mines, and petrochemical plants. All such factors are also expected to boost the global cast resin current transformers market. Key players operating in the global cast resin current transformers market include Siemens, Fuji Electric, Gemini Instratech Ltd., Kaldera Company, Hobut, and Macroplast Pvt. Ltd.
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Dhoop (Loban) Benzoin

Loban is the best energy purifier of Atmosphere. Using of Loban has spiritual and customary secret in India to elevate the energy level. From the times of Saints and Kings Loban are been used for fulfilling the rights and rituals. Loban helps in uplifting the inspiration and creativity. Benzoin can help attract love, provide psychic protection, wisdom, aids the memory, and helps ease depression. It is the finest energy purifier of atmosphere. Using loban dhoop fumes is a traditional and spiritual secret in India to uplift the energy level. It has been used for centuries by saints and kings. It is the finest energy purifier of atmosphere. Using loban dhoop fumes is a traditional and spiritual secret in India to uplift the energy level. It has been used for centuries by saints and kings. Benzoin is often used in religious ceremonies, and is considered to have a great influence on cleansing and unblocking the human body energy centers/meridians. It is antiseptic, and is wonderful for cleansing, whether you wish to clear a room or simply for cleansing your aura. It is said that benzoin helps bring inspiration and creativity. Benzoin can help attract love, provide psychic protection, wisdom, aids the memory, and helps ease depression. dhoop puja vastu gugal loban fragrance air freshener agarbatti incense sticks sandal. Indians pray to a multitude of Gods in multiple situations: good, bad, and ugly. Even as parts of the world wage wars in the name of God and religion, other parts drive economies even as they invoke the almighty. Especially true of a multi-religious country like ours. No wonder then that religion and spirituality is approximately a Rs 2.5 lakh crore market in India (roughly $40 billion).
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Office Gum (Office Paste)

It is a starch based, specially compounded white, thick, soft, jelly like consistent, water-based and water soluble Adhesive. As it spreads smoothly, it has a very good coverage. Growing adoption of multichannel marketing is one of the major trends being witnessed in the global office stationery and supplies B2B market 2018-2022. Players are expanding and making amends to their distribution channels to market their products.
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PVC Compounding

PVC is a product based on two of the earth’s natural resources, salt and oil. Salt water electrolysis yields chlorine (in addition to caustic soda and hydrogen). Ethylene can be derived from naphtha when oil is refined. Chlorine and ethylene can be combined to form the monomer, vinyl chloride (VCM). PVC results from the polymerization of vinyl chloride. PVC compounds are based on the combination of the polymer and additives. The compound is generated by intimately mixing together the ingredients, which is subsequently converted into the gelled article under the influence of heat (and shear). Depending on the type of PVC and additives, the compound prior to gelation can be a free-flowing powder (known as a dry blend) or a liquid in the form of a paste or solution. PVC compounds can be formulated, using plasticizers, into flexible materials, usually called PVC-P. Compounds without plasticizer for rigid applications are designated PVC-U. The compounding of PVC is the combination of appropriate additives with resin to regulate the behaviour of extrusion. It is one of the most important phases in PVC processing. PVC products are produced by mixing PVC powder with other additives aimed to improve and control the properties of the end-product. Low K-value-resins produce end products with poor physical properties. Suspension resins are generally less expensive and easier to process.
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Li-ion Battery Production Business

Li-ion Battery Production Business. Lithium Ion Battery (LIB) Assembling Industry Global Lithium Ion Battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025. Lithium-ion batteries (LIB) are a family of rechargeable batteries having high energy density and commonly used in consumer electronics. Unlike the disposable lithium primary battery, a LIB uses intercalated lithium compound instead of metallic lithium as its electrode. Usually, LIBs are significantly lighter than other kinds of rechargeable batteries of similar size. LIBs are heavily used in portable electronics. These batteries can be commonly found in PDAs, iPods, cell phones, laptops, etc. This term is also known as a LI-ion. A lithium ion battery is an electric device capable of charging and discharging. They are broadly used as a power supply consumer electronics as well as hybrid and electric vehicle. The four materials are used in lithium ion batteries are cathode material, anode material, separators, and an electrolytic solution. Lithium ion batteries markets grow at fastest rate due to its adoption in numerous consumer electronics such as smartphones, tablets, digital cameras and MP3 players, among others. Applications of Lithium-Ion Batteries Some of the most common applications of Lithium-Ion Batteries are: • Power backups/UPS • Mobile, Laptops, and other commonly used consumer electronic goods • Electric mobility • Energy Storage Systems As there are varied uses of a Lithium Ion Battery, it comes in different types of packaging. However, there are some general advantages of using a Li-ion battery over other traditional batteries Lithium Ion Battery Advantages There are many advantages to using a li-ion cell of battery. These li-ion battery advantages include: • High Energy Density: The high energy density is one of the chief advantages of lithium ion battery technology. With electronic equipment such as mobile phones needing to operate longer between charges while still consuming more power, there is always a need to batteries with a much higher energy density. In addition to this, there are many power applications from power tools to electric vehicles. The much higher power density offered by lithium ion batteries is a distinct advantage. Electric vehicles also need a battery technology that has a high energy density. • LIBs hold a charge well. They usually lose approximately 5% of their charge each month, against a 20% monthly loss for NiMH batteries. • LIBs do not require complete discharge prior to recharging. • LIBs are able to handle more charge/discharge cycles. Self-Discharge: One issue with many rechargeable batteries is the self-discharge rate. Lithium ion cells is that their rate of self-discharge is much lower than that of other rechargeable cells such as Ni-Cad and NiMH forms. It is typically around 5% in the first 4 hours after being charged but then falls to around 1 or 2% per month. Variety of types available: There are several types of lithium ion cell available. This advantage of lithium ion batteries can mean that the right technology can be used for the particular application needed. Some forms of lithium ion battery provide a high current density and are ideal for consumer mobile electronic equipment. Others are able to provide much higher current levels and are ideal for power tools and electric vehicles. Low Maintenance: One major lithium ion battery advantage is that they do not require and maintenance to ensure their performance. Ni-Cad cells required a periodic discharge to ensure that they did not exhibit the memory effect. As this does not affect lithium ion cells, this process or other similar maintenance procedures are not required. No Requirement for Priming: Some rechargeable cells need to be primed when they receive their first charge. There is no requirement for this with lithium ion cells and batteries. Market Outlook Global lithium ion battery market was valued at $30,186.8 million in 2017, and is projected to reach $100,433.7 million by 2025, growing at a CAGR of 17.1% from 2018 to 2025. The use of Lithium Ion (Li-ion) batteries have significantly grown with the advent and wide scale adoption of smartphones and growth of Electric Vehicles. Along with this, significant reduction in the cost have also been achieved since the past decade with continuous efforts on the R&D on the production techniques and energy densities. The collective efforts by various major economies to migrate towards electric mobility to reduce the carbon footprint, is set to put a strain on the supply of Lithium metal to cater to the burgeoning demand of the Li-ion batteries. Owing to the expansion of increase in carbon emissions, automobile industry is shifting to from conventional fuel vehicles to electric vehicles. Production and usage of electric vehicles is projected to uplift the demand of energy storage batteries including lithium-ion. In addition, electric cars in the United States mainly operate on renewable or natural gas electricity. The batteries are compatible with renewable energy. Therefore, demand for lithium-ion batteries is expected to increase in economies with developed renewable energy sector. By application, the global lithium-ion market is segmented into automotive, grid energy storage, consumer electronics, and others. The consumer electronics segment accounted for a major market revenue in the year 2018 and is expected to maintain its prominent position over the forecast period. However, automotive segment is anticipated to be the fastest growing segment in the coming years. Fast-paced development of the electric vehicles sector is the key reason behind the growing usage of lithium-ion batteries in the automotive industry. Lithium-ion (Li-ion) batteries are rechargeable batteries with high-energy density and are majorly used in portable equipment. The market for these batteries is expected to witness significant growth owing to increase in use in smartphones, tablets/PCs, digital cameras, and power tools. Moreover, the demand for Li-ion batteries in the automobile industry is expected to increase in line with rise in demand for electric vehicles. These batteries have gained popularity among automobile manufacturers as they offer an alternative to nickel metal batteries used in electric vehicles, due to their small size and light weight. The global lithium ion battery market has been segmented by various end-use industries including electrical & electronics, automotive, and industrial, with others, which include medical, military, and textile industries. The electrical & electronics end-use industry is further segmented into smartphones, tablet/PC, UPS, and others. The automotive end-use segment is further segmented into car, bus, truck, scooter & bike, and train & aircraft. Crane & forklift, mining equipment, and smart grid & renewable energy storage are considered under the industrial end-use segment. The increasing popularity of lithium-ion batteries in energy storing devices, for example, solar grids in industrial and household unit applications is foreseen to give extensive development chances to the market. In any case, the less awareness with respect to the advantages of these batteries and the high expense contrasted with traditional lead acid batteries may hamper the development of this market. In any case, attributable to market saturation in a few regions, the interest for high power capacity batteries for vehicles has picked up the pace. Some of the key players operating in the global lithium ion battery market include Automotive Energy Supply Corporation, Panasonic Corporation, Samsung SDI Co. Ltd., LG Chem Power (LGCPI), LITEC Co., Ltd., A123 Systems, LLC., Toshiba Corporation, Hitachi Chemical Co., Ltd., China BAK Battery Co. Ltd., and GS Yuasa International Ltd. The other players in the market (not included in the report) include Tesla, Johnson Controls International Plc., Saft Batteries, and BYD Company Ltd. India Lithium-ion Batteries Market The India lithium-ion battery market is expected to grow at a robust CAGR of 29.26% during the forecast period, 2018-2023. Lower consumer awareness, inadequate investments by companies, and lack of technological innovations curbed the proliferation of lithium ion technology till the past few years. However, rise in technological developments and increasing need for cleaner energy sources have brought Li-ion batteries on the forefront across various industries as well as end-use sectors. Growing pollution concerns, rising adoption of electric vehicles, increasing income-levels and surging demand for quality and uninterrupted power are some of the key factors catalyzing the growth of Lithium ion batteries market in India. Further, rising usage of smartphones and other consumer electronics products is resulting in an increase in demand for higher energy density and faster charging solutions. Additionally, growing consumer electronics market would drive the India Lithium Ion Batteries market forecast period revenues owing to its light-weight, high energy, and power capacity features. The Indian automobile sector is one of the most prominent sectors of the country, accounting for nearly 7.1% of the national GDP. The industry produced a total of 25.31 million vehicles, including commercial, passenger, two, and three vehicles and commercial quadricycle in April-March 2017, as against 24.01 million in April-March 2016. However, India has set itself an ambitious target of having only electric vehicles (EV) by 2030, which is expected to increase the demand for lithium-ion batteries in India, significantly. Increase in disposable income has led to rise in demand for electronic devices such as smartphones and tablets fueling the growth of lithium-Ion batteries in the India. Moreover, rise in government initiative to reduce pollution level are the major factors driving the Indian lithium-ion battery market. Growth in automotive sector has led to surge in demand for electric vehicles which has also supplemented the growth of lithium-Ion batteries. However, high cost and risk of fire in electronic devices may hinder the market growth in the coming years. Growth in automobile industry and growing trend of electronic devices among youth consumers would increase the demand for lithium-Ion batteries in the near future. The India lithium-ion battery market has been segmented on the basis of material type and industry vertical. By material type, the market is further segmented into cathode, electrolytic solution, anode, and other materials includes (binders, separators, and others). By industry vertical, the market is bifurcated into electronics (UPS, smart phones, laptops/tablets, and others), automotive (car, buses, and trucks, scooters and bikes, train and aircraft), industrial (mining equipment, construction equipment, smart grid), and other industry verticals. Major companies operating in the India lithium-Ion battery market are Samsung SDI Co. Ltd., Panasonic Corporation, Toshiba Corporation, Hitachi Chemical Co., Ltd., and China BAK Battery Co. Ltd., among others. Tags #Lithium_Ion_Battery, #Lithium_Ion_Battery_Assembly, #Li_Ion_Battery_Assembling, #Lithium_Ion_Battery_Assembly_Plant, Lithium Ion Battery Assembly Process, How to Assemble Lithium-Ion Battery, #Lithium_Ion_Battery_(LIB)_Manufacturing_Industry, Lithium-Ion Battery Manufacturing, Manufacturing of Lithium-Ion Batteries, #Lithium_Battery_Manufacturing, #Project_Report_on_Lithium_Ion_Battery_Assembling_Unit, Battery Assembly Plant, Lithium Ion Battery Production, Lithium-Ion Batteries Manufacturing Process, How to Set Up Lithium Ion Battery Plant in India, #Lithium_Ion_Battery_Business, Lithium-Ion Battery Manufacture, #Lithium_Ion_Battery_Manufacture_in_India, Lithium Ion Battery Manufacturing Plant Cost in India, Lithium Ion Battery Manufacturing Plant Project Report, Cost of Setting Up Lithium Ion Battery Manufacturing Plant, Lithium-Ion Battery Production Business, How to Start Lithium Ion Battery Manufacturing Business in India, Li-Ion Battery Assembling Business, Producing Lithium-Ion Batteries, #Detailed_Project_Report_on_Li_Ion_Battery_Assembling, Project Report on Li-Ion Battery Assembling, Pre-Investment Feasibility Study on Lithium-Ion Battery Manufacturing Business, Techno-Economic feasibility study on Lithium-Ion Battery Manufacturing Business, Feasibility report on Lithium-Ion Battery Manufacturing Business, Free Project Profile on Lithium-Ion Battery Manufacturing Business, Project profile on Li-Ion Battery Assembling, Download free project profile on Li-Ion Battery Assembling
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Lead Acid Battery Manufacturing Industry

Lead Acid Battery Manufacturing Industry. Production of Lead Acid Storage Battery India Lead Acid Battery market is projected to reach $ 7.6 billion by 2023. The battery which uses sponge lead and lead peroxide for the conversion of the chemical energy into electrical power, such type of battery is called a lead acid battery. The lead acid battery is most commonly used in the power stations and substations because it has higher cell voltage and lower cost. Lead acid batteries are used as a power source for vehicles that demand a constant and uninterruptible source of energy. Just about every vehicle today does. For example, street motorcycles need lights that operate when the engine isn’t running. They get it from the battery. Accessories such as clocks and alarms are battery-driven. Applications • Automotive and traction applications. • Standby/Back-up/Emergency power for electrical installations. • Submarines • UPS (Uninterruptible Power Supplies) • Lighting • High current drain applications. • Sealed battery types available for use in portable equipment. Market Outlook The global lead–acid battery market was valued at $56.9 billion in 2017 and is projected to reach $70.7 billion by 2023, witnessing a CAGR of 3.7% during the forecast period. The growing demand of electric vehicles, increasing use of uninterrupted power supply (UPS) systems in industrial sectors, and rapid industrialization in developing nations are likely to generate growth opportunities and propel the market demand during the forecast period. Some of the key factors identified as drivers of the global lead acid battery market are: increasing demand for e-bikes and electric vehicles, lower maintenance and replacement costs, and reducing reliance on conventional fuel technologies. On the other hand, stringent lead emission standards and shift towards lithium-ion batteries are two glaring restraints hindering the prosperity of the lead acid battery market. Nevertheless, increasing demand from the telecommunication sector is foreseen as a fresh new opportunity in this market. Application-wise, the analysts have bifurcated the lead acid battery market into grid storage, commercial, stationary industrial, residential grid storage, motive industrial, and transportation. Until 2017, the transportation sector was providing for 47.3% of the overall demand, although the demand for stationary industrial segment is expected to expand at an above-average CAGR of 6.3% during the forecast period. Commercial and residential applications of lead acid battery are also expected to grow at a significant CAGR over the forecast period. Increasing marine activities and recreational boats are giving a trending opportunity for boats, which, in turn, is increasing the demand for lead acid battery. Globally, 85% of lead is primarily utilized in batteries for passenger cars, trucks, motorcycles, uninterruptible power supplies, and solar power storage. Demand for passenger vehicles has increased considerably and is anticipated to rise further in the near future. This, in turn, is creating high demand for lead acid batteries. Automobile and manufacturing sectors are witnessing significant expansion. This is driving the demand for stationary batteries for power backup and that for deep-cycle batteries for wheeled mobility such as golf cars, wheelchairs, and scissor lifts. However, improper and illegal disposal of lead acid batteries causes environmental pollution due to its high lead content. Furthermore, demand for the alternative Li-ion batteries in the automobile sector is increasing due to the poor performance and low cycle life based on temperature of lead acid batteries are restricts the market growth. Manufacturing process advancements in recycling of lead acid batteries provide opportunities to lower the adverse impact on the environment. The automobile and UPS & telecom applications together account for more than 55% share of the market for flooded type batteries. Thus, these are the major segments in terms of product type. The flooded segment is anticipated to constitute key share of the market in the near future due to the extensive utilization in driverless transport vehicles, electric forklifts, and electric bicycles. B.B. Battery Co., Toshiba Corporations, C&D Technologies, Inc. (Acquired By KPS Capital Partner), Crown Battery, CSB Battery Company Ltd., East Penn Manufacturing, EnerSys, Exide Technologies Inc., GS Yuasa Corporation, Johnson Controls Inc., Narada Power Source Co. Ltd., Nipress (Indonesia), Northstar, Reem Batteries & Power Appliances Co. SAOC and Zibo Torch Energy Co. Ltd. are some of the leading companies in this market. India Lead Acid Battery Market India lead acid battery market is projected to reach $ 7.6 billion by 2023. Anticipated growth in the market can be attributed to booming demand for automobiles, in addition to increasing focus of the government towards boosting the penetration of electric vehicles in the country. Moreover, development of smart grids, continuing technological developments, increasing budget allocation for housing projects and government initiatives aimed at shifting the focus from conventional sources to renewables in India is further expected to positively influence the country’s lead acid battery market in the coming years. Lead acid battery is traditionally used as rechargeable battery with varied applications including automotive for starting lighting as well as ignition usage across power backup devices such as inverter, UPS, and genset followed by telecommunication segment, electric vehicles, renewable energy production and storage. India lead acid battery market is driven by automotive and UPS & inverter industry; in addition, government schemes to promote electric vehicles coupled with rising installation of renewable energy projects are posing new opportunities for lead acid battery manufacturers in the country. Anticipated growth in the market can be attributed to booming demand for automobiles, in addition to increasing focus of the government towards boosting the penetration of electric vehicles in the country. Few of the major players operating in India lead acid battery market are Exide Industries Limited, Amara Raja Batteries Limited, Livguard Energy Technologies Private Limited, Luminous Power Technologies Pvt. Ltd., HBL Power Systems Limited, V-Guard Industries, Southern Batteries Private Limited, Su-Kam Power Systems Limited, Okaya Power Private Limited, etc. Tags #Lead_Acid_Battery_(Maintenance_Free), #Lead_Acid_Battery, #Lead_Acid_Rechargeable_Battery, Lead Acid Battery Applications, #Lead_Acid_Battery_Manufacture, Battery Manufacturing Process, #Production_of_Lead_Acid_Battery, Battery Production, Project Profile on Lead Acid Storage Batteries, #Manufacture_and_Assembly_of_Lead_Acid_Battery, Manufacturing Process of Lead Acid Battery, Battery Manufacturing, Process for Making of Lead Acid Battery, Lead Battery Manufacturing, #Production_of_Lead_Acid_Batteries, Lead-Acid Battery Production Business, #Lead_Acid_Battery_Production/Assembly, Lead Storage Batter, Lead Battery Plant, Lead Acid Battery Manufacturing Industry, Lead Acid Battery Manufacturing Plant, Battery Manufacturing Plant, #Cost_of_Setting_up_Battery_Manufacturing_Plant, Lead Acid Battery Manufacturing Plant Cost, Lead Acid Battery Manufacturing Process Pdf, Lead Acid Battery Manufacturing Cost, How to make Lead Acid Battery, Lead Acid Battery Plant Project Report, How to Make Battery in Factory, Battery Manufacturing Process, How to Start a Battery Manufacturing Business, What will be the Cost for Starting Lead Battery Manufacturing Unit? Starting a Battery Manufacturing Business, Start a Battery Manufacturing Plant, Lead Acid Battery Making Process, Lead Acid Battery Industry, #Detailed_Project_Report_on_Lead_Acid_Battery_Manufacturing_Industry, Lead–acid battery, Project Report on Lead Acid Battery Manufacturing Industry, Pre-Investment Feasibility Study on Lead Acid Battery Manufacturing Industry, Techno-Economic feasibility study on Lead Acid Battery Manufacturing Industry, Feasibility report on Lead Acid Battery Manufacturing Industry, Free Project Profile on Lead Acid Battery Manufacturing Industry, Project profile on Lead Acid Battery Manufacturing Industry, Download free project profile on Lead Acid Battery Manufacturing Industry
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Hosiery Cloth (Cotton Processing, Bleaching, Dyeing, Finishing of Cloth)

Hosiery, also referred to as legwear, describes garments worn directly on the feet and legs. The term originated as the collective term for products of which a maker or seller is termed a hosier; and those products are also known generically as hose. Rising awareness of consumers for quality, durability, fashion and style as well as personal grooming consciousness are some of the factors driving the growth of hosiery market. Over the past few years, it has been noticed that not the women hosiery segment is rising but the demand for such products are showcasing a robust growth from the men’s segment due to increasing trends in apparel and fashion. The hosiery is anticipated to observe a rapid growth in terms of both volume and value during the forecast period. The availability of variants in hosiery with various designs and colors are predicted to augment the growth of the global hosiery market with remarkable revenue of around USD 47,258.1 Million by the end of 2024 from USD 36,100.5 Million in 2016, expanding at a compound annual growth rate of 3.5% during the forecast period. The growth of the global hosiery market is driven by the robust demand for comfortable and stylish hosiery among the consumers. Changing lifestyles and demographic factors are bringing changes in demand patterns for hosiery. Although the expenditure on hosiery is largely determined by factors such as income, family size and education, the rapidly expanding affluent base of middle class population in developing countries is expected to expand the market over the forecast period. Hosiery is expected to witness significant demand by the manufacturers Healthcare and Fitness & sports industries. These products are used for the treatment of leg disorder and varicosities. Due to its tight and have flexible qualities has led to an upsurge in demand for compression hosiery in the healthcare industry. With the rise of athleisure is fueling the growth of the hosiery market. Athletes and fitness professionals prefer wearing compression hosiery over cotton socks as it increases the blood flow and performance that led to an upsurge in demand for hosiery among manufacturers in the fitness industry.
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Clear Transparent Lacquer for Coating on Brass

The term lacquer is used for a number of hard and potentially shiny finishes applied to materials such as wood. In modern techniques, lacquer means a range of clear or colored wood finishes that dry by solvent evaporation or a curing process that produces a hard, durable finish. Lacquer forms a protective clear layer on metals and is particularly useful on brass, aluminum, silver and copper, which are often in the form of decorative items. The lacquer market continues to be in a transformative phase, as solvent-based lacquers give way to water-based variants. The shift has been induced by a range of factors, however, stringent regulations and carbon consciousness among end-users are the prominent factors. Although solvent-based lacquers still account for a significant revenue share of the market, demand for water-based lacquers is also growing at a steady pace. Lacquers continue to be the preferred finishes for woodworking owing to a bevy of advantages. Among the various types of lacquers available to end-users, demand for nitrocellulose continues to be the highest, on account of its competitive pricing and quick drying features. Nitrocellulose lacquers are ideally suited for production shops of all sizes, as they offer a uniform layer of film over the material. The fact that nitrocellulose lacquers are evaporative in nature provides for easy blending. Although nitrocellulose will continue to the highest selling lacquer type globally, its limitations are influencing end-users to opt for feasible alternatives. Notable is the problem of ‘crazing’ associated with the use of nitrocellulose. Global demand for lacquers is likely to reach roughly 7 million tons in 2018, as applications in furniture, automotive, and architectural industries create sustained growth opportunities. The shift from solvent-based to water-based lacquers will become more palpable in the next decade, as a combination of environmental compliance and end-user consciousness induces changes in manufacturing and uptake.
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Hard Rubber Battery Container

Hard Rubber Battery Container is a rigid and strong case or box which contains all the contents and components of a lead-acid battery. A lead-acid battery consists of a container cell plates (positive and negative plates), separators for the cells and sulphuric acid solution and other battery components. The battery container has to be resistant to acid, heat and mechanical vibration. The demand for rubber battery container and car battery depends upon the number of motor vehicles and their annual increase. Currently, there are an estimated number of 150,000 vehicles in the country; and at a given time the same numbers of lead acid batteries are in use. The demand for automobile batteries is increasing day by day. Hence the manufacture of battery containers should also be developed with reference to the production of batteries as well as automobiles.
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