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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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Expanded Polystyrene Manufacturing Industry

Expanded Polystyrene Manufacturing Industry. Production of EPS Expanded Polystyrene (EPS) Market to Reach USD 23.70 Billion by 2026 Expanded Polystyrene (EPS) is the generic industry name used for white rigid material made from the expanded polystyrene beads. It is a lightweight, rigid, plastic foam insulating material produced from solid beads of polystyrene. The EPS beads are expanded and finally molded into larger EPS blocks which are further used for walls, roofs, floors, crawl spaces and architectural shapes. EPS is a low-density polymer arranged in individual cells, capable of providing excellent moisture resistance, good chemical barrier protection along with light weight characteristics. The addition of graphite results in improving the insulating properties of finished products imparting paving the way for use in construction industry EPS is also used for helmets and life jackets, beverage cups, packaging, casting molds, and numerous other products – however, construction products currently account for almost 59% of the EPS market. All around the world EPS-based products are used in the construction of new residential buildings and in the refurbishment of old buildings. Besides fire safety, questions arise regarding the use of possibly unhealthy additives and the environmentally friendly disposal of the practical material after use. For example, glass and stone wool but also insulation material based on renewable resources compete with EPS. EPS is commonly used in form of a foam. The word “styrofoam” is often used for the description of EPS foam. It is kind of trademark used of this foam material. Most common foam products used in daily lives include coolers, wine shippers, molded end caps and comers, packaging of boxes and even for the cups used at different places for water coolers. EPS is used in many applications, such as thermal insulation board in buildings, packaging, cushioning of valuable goods, and food packaging. EPS is used to make numerous car parts, such as door panels, sound dampening foam, instrument panels, etc. It is also widely used in child protective seats. Packaging made out of EPS has shown to keep food fresher, for longer. As it is inert, durable, and resistant to water damage, the lightweight foam is used to provide thermal insulation in cold storage, refrigerators, walls, and roofing. Its compression resistance makes it ideal for stacking packaged goods. The construction industry has seen a surge in the usage of Expanded Polystyrene for inroad foundations, flotation, cellular bricks, bridges, railway lines, public buildings, drainage, etc. Market Outlook The EPS market is expected to grow from USD 15.5 billion in 2018 to USD 20.1 billion by 2023, at a CAGR of 5.3% during the forecast period. Expanded Polystyrene (EPS) is the commonly used industry name for rigid material produced from the expanded polystyrene beads. EPS is a rigid, lightweight, plastic foam insulating material made from solid beads of polystyrene. The increasing prominence of insulation property in the building & construction sector of developed economies comprising China and India is anticipated to support the usage of high-quality polymers. Moreover, an increase in spending for enhancing the longevity of residential buildings and commercial complexes in extreme, external environmental conditions is projected to stimulate the market demand for expanded polystyrene. Growing construction and infrastructure industry in developing countries, is a key factor expected to drive growth of the global expanded polystyrene market over the forecast period. Rising demand for convenience food and protective food packaging in developing economies, is another factor anticipated to propel growth of the target market over the forecast period. In addition, growing demand for thermal insulation to reduce energy consumption, is a dynamic factor expected to fuel growth of the target market over the forecast period. Grey EPS is the fastest-growing segment in the EPS market. Grey EPS is gradually penetrating the global market for the past 10 years. The less thermal conductivity and better insulation of grey EPS than white EPS are making it a preferable choice in the building & construction industry. Grey EPS has an additional elasticity, which improves sound insulation and also provides better thermal efficiency in comparison to the normal white EPS insulation. In automobile industry, the trend to replace metal by plastics has been prevailing, due to their higher impact strength, easy moldability, improved aesthetics, scratch resistance, cabin insulation, and lightweight. Transportation segment is expected to be a notable driver for the global Polystyrene Market & EPS Industry during the forecast period. EPS consumption in packaging applications is used primarily as a cushioning protectant in fragile items as well as in disposable trays, cups, plates, bowls, etc. The growth in this market is driven primarily by the electronics and appliance industries. Increasing demand for the product in applications such as egg trays, fast foods, cold drinks, and others signifies the growth of packaging industries. Moreover, growing consumption of product due to unique features offered by the product such as enhanced mechanical properties, ease of transport coupled with installations provide a boost to the expanded polystyrene market growth. Globally, the market for expanded polystyrene is driven by the region Asia Pacific, owing to growing consumption of the product in various end-use industries such as construction & buildings, packaging, automotive, and others. These materials are used to impart lightweight, durable, moisture resistance, versatile, and ease of application to the final product. Additionally, the cost effective nature of the product has led a surge in demand for the product in major sectors. The Top Players Including: • ACH Foam Technologies • Alpek SAB De Cv • BASF SE • Kaneka Corporation • PJSC Sibur Holding • SABIC • Sunpor Kunststoff GmbH • Synbra Holding BV • Synthos SA • Total SA Tags #Expanded_Polystyrene, #EPS, #Expandable_Polystyrene_(EPS)_Production_and_Manufacturing, #Expandable_Polystyrene_(EPS)_Production, Expanded Polystyrene Manufacturing Process, Method for Producing Expandable Polystyrene, Preparation of Expandable Polystyrene, Production of EPS, #Expanded_Polystyrene_Manufacturing_Process_PPT, Polystyrene Production Process Flow Diagram, #Expanded_Polystyrene_Manufacturing, EPS (Expandable Polystyrene), Expanded Polystyrene (EPS) Industry, EPS Manufacturing, How is Expanded Polystyrene Manufactured? How is EPS Manufactured? 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Vanaspati Ghee Industry

Vanaspati Ghee Industry. Production of Hydrogenated Vegetable Oil. Edible Vegetable Ghee Manufacturing Business Vanaspati is a fully or partially hydrogenated vegetable cooking oil often used as a cheaper substitute for ghee. Vanaspati is a desi vegetable ghee that has been hydrogenated and hardened. It is much cheaper than desi ghee. All brands of Vanaspati are made from palm or palm olein oil. Hydrogenation is brought about by using nickel as a catalyst in reactors at low to medium pressure. Vanaspati contains trans fats. It is used for cooking purposes in different domestic and commercial places. They are rich in the taste and flavor. Ghee is primarily used for cooking and frying and as dressing or toppings for various foods. It is also used in the manufacture of snacks and sweets often mixed with vegetables, cereals, fruits, and nuts. In some parts of the world, ghee is considered as a sacred product and is used in religious rites. It could also be mentioned that ghee is used in Ayurveda, which is a system of traditional medicine developed in India several thousand years ago and now also practiced in other parts of the world as alternative medicine. There are various different forms of edible oil found in the market. One of the old and most highly used form is the vanaspati ghee; this is a cheaper version of the pure ghee which is the most used and ancient form of fatty oil used by Indians made from cow milk. In India, the main source of trans fat is Vanaspati, a form of vegetable ghee that is a Partially Hydrogenated Vegetable Oil (PHVO). Vanaspati has an important role in our edible oil economy. Its production is about 1.2 million tonnes annually. It has around 10% share of the edible oil market. Newer oils like soyabean, sunflower, rice bran and cottonseed and oils from oilseeds of tree and forest origin had found their way to the edible pool largely through vanaspati route. In India the consumption of edible oils and Vanaspati is comparatively high as compared to any other country. Peoples in India use Vanaspati and oil on daily basis particularly for cooking food. India’s current population is 1.25 billion and expected to grow 1.53 billion by 2030. In future when the population rises, the demand for oils and Vanaspati will also rise respectively. Even with a moderate population growth the absolute increase in number of people will be quiet high. As the social class tapers at the bottom and more families climb up the middle class from lower class, both per capita consumption as well as consumption of packaged food supplies increases. However, since Vanaspati is more preferred by lower class and the middle class favours oil to Vanaspati ghee, there could be a reverse trend of giving up use of Vanaspati in favour of refined oil. However, the double digit growth of out of home consumption of edible oil will tip in favour of indirect consumption of Vanaspati The market is further expected to reach a value of INR 4,653 Billion by 2024. The healthy growth of the market can be attributed to numerous forces. Population growth, rising disposable incomes, easy availability, and growing awareness about the benefits of ghee are some of the factors that are broadening the growth aspects of the market. At present, ghee is witnessing an escalation in demand across India on account of an increase in disposable incomes which has enabled consumers from lower income groups to afford it. Besides, as ghee does not require refrigeration and is shelf stable, it is preferred over its alternatives such as butter. Apart from this, a rise in the number of restaurants offering traditional Indian food is also giving a boost to the overall consumption of ghee. Moreover, numerous doctors in the country recommend moderate consumption of ghee daily as it helps in reducing inflammation, building strong bones and improving digestion. However, widespread adulteration of ghee, especially with refined and hydrogenated vegetable oils, is hindering the market growth in India. The consumption of ghee has increased, as it is rich in fat soluble vitamins A, D, & E, helps in building strong bones, improves digestion, and reduces inflammation. The plethora of health benefits and high penetration in the emerging market are the key drivers of the market growth. Further, high disposable income and population boom are expected to present lucrative opportunities to market players. However, overconsumption of ghee could lead to cardiovascular diseases, which in turn is key factor affecting the market growth during the forecast period. Population growth, health benefits, increasing disposable incomes and penetration in newer markets currently represent some of the key factors driving the demand of this product. In 2017, the global Ghee market size was million US$ and is forecast to million US in 2025, growing at a CAGR of from 2018. The global ghee market is segmented based on application and geography. On the basis of application, it is divided into household and industrial. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Comprehensive competitive analysis and profiles of major market players, such as Amul, Britannia, Milkfood, Madhusudan Ghee, KMF, Nestle, Verka, Gopaljee Ananda, Gowardhan, and Anik are provided in the report. The Top Players Including: • Verka • Sterling Agro Industries Ltd. • Vrindavan Milk • Amul • Udhaya Krishna Pure Ghee • RKG Ghee • Param Dairy Ltd • Govind Milk & Milk • Shree Radhe Dairy Farm & Foods Pvt. Ltd • MLP Balakrishna ghee • Vrindavan Milk • Karnataka Co-operative Milk Producers’ Federation Ltd. • Creamline Dairy Products Ltd • ONganic Foods • AAC Ghee Tags #Vanaspati_Ghee, #Vegetable_Ghee_(Vanaspati), #Vanaspat_Ghee_Manufacture, #Cooking_Oil_and_Vegetable_Ghee, #Production_of_Vanaspati_Ghee, Vanaspati Ghee Manufacturing, Manufacture of Vanaspati Ghee, Manufacturing of Vanaspati Ghee, #Vanaspati_Ghee_Manufacturing_Plant, #Vegetable_Ghee_Manufacturing, #Vanaspati_Ghee_Industry, Vanaspati Ghee Production, Vanaspati Ghee Manufacture in India, Vanaspati Ghee Making Plant, #Vanaspati_/_Hydrogenation_Plant, Vanaspati Ghee Manufacturing Process Preparation of Vanaspati Ghee, Ghee Plant, Vanaspati Ghee Plant, Ghee Production Plant in India, Ghee Making Project, Ghee Production Plant Cost, Ghee Processing Plant Cost, Cost of Ghee Processing, Edible Oil Business Opportunities, Ghee Processing Plant, Vanaspati Ghee Manufacturing Business, Ghee Manufacturing, Ghee Manufacturing Plant, Manufacture of Ghee, Ghee Making Business, Ghee Processing Unit, Industrial Ghee Production, Ghee Production Plant, Business Opportunity in Ghee Manufacturing, Business Opportunities in Ghee Manufacturing, Ghee Manufacture, Ghee Plant, Dairy Products Processing Plant, Start Production of Ghee, Ghee Making Plant, Milk Processing Plant, Ghee Processing Business, Setting up Ghee Processing Plant, Start Ghee Making Unit, Dairy Products Manufacture in India, How to Start Ghee Production Business, Clarified Butter Manufacturing Business, Ghee Manufacturing Process, Manufacturing Process of Ghee, Ghee Manufacturing Project Ideas, #Detailed_Project_Report_on_Vanaspati_Ghee_Manufacturing_Business, Project Report on Vanaspati Ghee Production, Pre-Investment Feasibility Study on Vanaspati Ghee Production, Techno-Economic feasibility study on Vanaspati Ghee Production, Feasibility report on Vanaspati Ghee Manufacturing Business, Free Project Profile on Vanaspati Ghee Production, Project profile on Vanaspati Ghee Manufacturing Business, Download free project profile on Vanaspati Ghee Production, Edible Vegetable Oil, Edible Vegetable Oil Production, Production of Edible Vegetable Oils, Vegetable Oil Production, Processing of Edible Oils
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Expanded Polypropylene (EPP) Manufacturing Business

Expanded Polypropylene (EPP) Manufacturing Business. Production of EPP Expanded Polypropylene (EPP) Foam Market is expected to reach USD 1.30 billion EPP is highly versatile and fully recyclable. Its other properties include excellent energy absorption, buoyancy, impact resistance, thermal insulation, water and chemical resistance, and high strength-to-weight ratio. EPP can be manufactured with a wide range of densities ranging from 10 to 180 grams per liter. It can then be transformed by molding into EPP with densities ranging from 16 to 265 grams per liter. Properties of EPP such as absorption of high-magnitude kinetic impacts without breaking down and re-attainment of the original shape after the impact are factors driving the market for EPP in several applications, especially the aircraft modelling. Expanded Polypropylene (EPP) foam is a bead foam used in automotive and industrial packaging applications. They exhibit unique properties such as thermal insulation, excellent energy absorption, chemical and water resistance, impact resistance etc. EPP foams are used extensively in industrial packaging due to its cushioning capability and its flexibility provides excellent protection to complex shapes. EPP foams are available in different densities called high density EPP grade and low density EPP grade depending on the application. High density grade EPP foams exhibit excellent strength and reduced weight property and are used in applications where energy management is a critical parameter. Hence, they are used in automotive applications such as passenger safety parts and automotive bumpers. Low density EPP grades are used in industrial packaging applications and medium density EPP grades are used in consumer products and furniture. Applications EPP is widely utilized by automotive manufacturers because of its performance benefits for energy management, lightweight, enhanced functionality, durability and recyclability. Applications include seating, bumpers, stowage systems, door panels, pillars, floor levelers, parcel shelves, head rests, tool kits, sun visors and myriad filler parts. Reusable industrial packaging, known as dunnage, is frequently made from EPP due to its durability and its inherent ability to absorb energy in transit. EPP is used increasingly in furniture, toys such as model aircraft and other consumer products due to its versatility as a structural material and its light weight, as well as other performance characteristics. An added advantage is the fact that EPP components are environmentally friendly, sustainable and recyclable and in line with the end of life (ELV) automotive requirement. Expanded polypropylene has many applications. It is used in various types of cloth and textile products ranging from clothing to diapers. Its synthetic, non-absorbent nature also makes it useful in the medical industry. Surgical tools like sutures are often made from polypropylene. Market Outlook Global Expanded Polypropylene (EPP) Foam Market is projected to reach USD 1.59 Billion by 2023 at a CAGR of over 11% owing to the increasing demand of lightweight automotive parts made of EPP Foams. The increasing penetration of the product in applications such as packaging, consumer goods, and furniture is expected to have significant impacts on the overall market growth during the forecast years. The increasing application scope of the product can be attributed to the superior product qualities such as durability, chemical & water resistance, thermal insulation, and recyclability. The growing demand for chemical and water-resistant materials in the packaging and consumer goods industries is slated to propel product demand over the forecast period. The rising awareness of environmental concerns and increasing demand for fuel efficient and light weight cars is the major driver for the growth of global EPP foam market. There is an increase in production and consumption of automotive across the globe, which is expected to boost the global EPP foam market growth. The recyclable and light weight properties of EPP foam has enabled its application in wide range of industries such as packaging, aerospace, automotive etc. The excellent strength and light weight along with enhanced absorption properties has facilitated its use in automotive crash prone parts. The use of high density EPP foam in heavy industrial packaging is expected to drive the growth of global EPP foam market. The expanded polypropylene (EPP) foam market can be segmented on the basis of density, process, and application. In terms of density, the market can be divided into high, low, and porous. In terms of process, the EPP foam market can be segregated into solid-state processing and melt-state processing. Based on application, the market can be divided into automotive, packaging, textile, furniture, food & beverages, and toys. Expanded polypropylene (EPP) foam, owing to its elasticity, thermal resistance, oil resistance, non-toxicity, recyclability, and shock-proof nature, is an integral part of the automotive manufacturing sector. Using advanced lightweight materials on even the most basic car parts can improve overall fuel efficiency as well. Owing to the aforementioned factors, the demand for EPP is increasing in the automotive sector. Moreover, there is an increase in production and consumption of automobiles across the world, which is expected to further boost the global EPP foam market growth. The country is also the largest consumer of expanded polypropylene foam at the global level. Other emerging economies such as Brazil, India, and Mexico are projected to grow at a high rate in the expanded polypropylene foam market. Top Players including- Kaneka Corporation, BASF SE, JSP Corporation, DS Smith PLC, Furukawa Electric Co. Ltd., Hanwha Corporation, The Woodbridge Group, Dongshing Industry Inc. and others. See more https://bit.ly/312CMNJ https://bit.ly/2YlUDm1 Contact us: Niir Project Consultancy Services An ISO 9001:2015 Company 106-E, Kamla Nagar, Opp. Spark Mall, New Delhi-110007, India. Email: [email protected] , [email protected] Tel: +91-11-23843955, 23845654, 23845886, 8800733955 Mobile: +91-9811043595 Website: www.entrepreneurindia.co , www.niir.org Tags #Expanded_Polypropylene, #Expanded_Poly_Propylene, #EPP, EPP (Expanded Polypropylene) Foam, #Expanded_Polypropylene_(EPP)_Foam, #Expanded_Polypropylene_(EPP)_Industry, #EPP_Manufacture, #Manufacturing_and_Application_of_Expanded_Polypropylene, EPP Production Plant, Process for Producing Expanded Polypropylene, Expanded Polypropylene Production, Automotive Expanded Polypropylene (EPP), #Expanded_Polypropylene_Manufacturing_Process_PPT, #Expanded_Polypropylene_(EPP)_Foam_Production, EPP Product Manufacturing Process, Expanded Polypropylene Manufacture in India, EPP Foam Manufacturing, Production Process for Expanded Polypropylene, Polypropylene Manufacturing Plant, EPP Foam Manufacture, Production of Polypropylene (PP), Expanded Polypropylene Foam Industry, Detailed Project Report on Expanded Polypropylene Production, Project Report on Expanded Polypropylene Production, Pre-Investment Feasibility Study on Expanded Polypropylene Manufacturing, Techno-Economic feasibility study on Expanded Polypropylene Production, #Feasibility_report_on_Expanded_Polypropylene_Manufacturing, Free Project Profile on Expanded Polypropylene Manufacturing, Project profile on Expanded Polypropylene Production, Download free project profile on Expanded Polypropylene Production
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Fish Flavoured Chips

A snack is a small service of food and generally eaten between meals. Snacks come in a variety of forms including packaged snack foods and other processed foods, as well as items made from fresh ingredients at home.Snack foods are typically designed to be portable, quick, and satisfying. Processed snack foods, as one form of convenience food, are designed to be less perishable, more durable, and more portable than prepared foods.A chip (American English and Australian English) or crisp (British English) is any type of snack food in the form of a crisp, flat or slightly bowl shaped, bite-sized unit. Puffed cheese snacks do not count. The Indian chips market, sized at Rs 7,000-7,500 crore according to Euromonitor, has been growing at a robust pace of 15% over the past five years and going forward, is expected to grow at a similar pace.Growth will come from rising disposable incomes, changing lifestyles, product innovations and strengthening of distribution to have better selling opportunities in lower-tier cities and rural areas, the report goes on to state.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • A D F Foods Ltd. • Bakeys Foods Pvt. Ltd. • Balaji Wafers Pvt. Ltd. • Bikaji Foods Intl. Ltd. • Cholayil Pure & Natural Foods Pvt. Ltd. • Energy Products (India) Ltd.
Plant capacity: 1000 Kg/dayPlant & machinery: Rs 46 lakhs
Working capital: -T.C.I: Cost of Project : Rs 252 lakhs
Return: 26.00%Break even: 64.00%
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Hydrogen Peroxide

Hydrogen peroxide (H2O2) is a very pale blue liquid which appears colorless in a dilute solution, slightly more viscous than water. It is a weak acid. It has strong oxidizing properties and is therefore a powerful bleaching agent that is mostly used for bleaching paper, but has also found use as a disinfectant, as an oxidizer, and as a propellant for rockets. The chemical industry also uses hydrogen peroxide. Rising adoption of the hydrogen peroxide in the production of propylene oxide is anticipated to boost the demand for hydrogen peroxide in the chemical industry in the near future. The other uses of hydrogen peroxide are found across industries such as in textile, electronics, and food processing. Hydrogen peroxide is used in the electronics industry for pickling of metal surfaces. It is also used to bleach natural and synthetic fibers in the textile industry. Demand for hydrogen peroxide is expected to increase from this industry in the near future owing to increasing usage of paper across the globe. Advent of internet and digitalization has reduced the use of newsprint paper in developed countries. However, rising demand for paper in personal care and packaging industries in developing countries has propelled the overall demand for paper. The market in the region is driven by rising demand from paper and pulp, chemical, and wastewater treatment industries. In terms of value, the market is anticipated to expand at a CAGR of 5.3% between 2017 and 2025. Global paper &pulp industry may consume hydrogen peroxide worth over USD 2,500 million by 2024. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Aditya Birla Chemicals (India) Ltd. • Arkema Chemicals India Pvt. Ltd. • Asian Peroxides Pvt. Ltd. • Chemasia Industries Pvt. Ltd. • Gujarat Alkalies & Chemicals Ltd. • K P L International Ltd. • National Peroxide Ltd. • Omni Dye-Chem Exports Ltd. • Solvay Specialities India Pvt. Ltd. • Swastic Corporation Ltd.
Plant capacity: 12,000 MT per annumPlant & machinery: 3932 Lakhs
Working capital: -T.C.I: Cost of Project:5737 Lakhs
Return: 25.00%Break even: 34.00%
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Charcoal from Biomass

Biomass charcoal briquettes are a biofuel substitute. Briquettes are mostly used in the developing world where cooking fuels are not as easily available. Briquettes are used to heat industrial boilers in order to produce electricity from steam. Biomass charcoal briquettes are made from agriculture waste, wood chips, coconut shell waste saw dust, groundnut shell waste etc. are a replacement for fossils fuels such as oil or coal, and can be used to heat boiler in manufacturing plants. Biomass briquettes are a renewable source of energy and avoid adding fossils carbon to the atmosphere. Biomass charcoal briquettes are widely used for any type of Thermal application like steam generation in boilers, heating purpose, drying process & gasification plant to replace existing conventional fuel like coal, wood & costly liquid fuel like FO, Diesel, LDO, Kerosene etc. On the basis of type, the charcoal market, biomass charcoal is estimated to contribute the largest share, of more than 67.0%, to the market in 2017. Biomass charcoal burns quickly and produces a high amount of heat on burning. Owing to these properties, the demand for biomass charcoal is growing for barbecue cooking purposes. The global charcoal market is projected to reach $6,492.8 million by 2023. The global biomass briquettes market is segmented into North America, Latin America, Western Europe, Eastern Europe, the Middle East and Africa, and Asia Pacific. Of these regions, Europe and North America are expected to be key regions for the growth of this market over the forecast tenure. The utilization of the biomass briquettes production technologies is high to convert their biomass into useful energy sources. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Adsorbent Carbons Ltd. • Birla Carbon India Pvt. Ltd. • Carbon & Chemicals India Ltd. • Continental Carbon India Ltd. • Goodluck Carbon Pvt. Ltd. • Murablack India Ltd. • Phillips Carbon Black Ltd. • Sun Petrochemicals Pvt. Ltd. • Surendra Mining Inds. Pvt. Ltd. • Utkal Moulders Ltd.
Plant capacity: 4,500 MT per annumPlant & machinery: 144 Lakhs
Working capital: -T.C.I: Cost of Project:271 Lakhs
Return: 29.00%Break even: 74.00%
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Ferrosilicon

Ferrosilicon is an alloy called silicon (Si02) with small percentage of Aluminium (Al203) and many other elements. Ferrosilicon is an alloy of iron and silicon with an average silicon content between 15 and 90 weight percent. This Ferro alloys are used for manufacturing different variety steels for different uses. Ferrosilicon is used as alloying element in manufacturing of spring steel, transformer steel and other types of alloys steels. Ferrosilicon is a alloy which helps in maintaining carbon contents in the steel at the desired level and makes it usable for different purposes. Ferrosilicon is used as a source of silicon to reduce metals from their oxides and to deoxidize steel and other ferrous alloys. This prevents the loss of carbon from the molten steel, ferromanganese, spiegeleisen, silicides of calcium, and many other materials are used for the same purpose. It can be used to make other ferroalloys. Ferrosilicon is also used for manufacture of silicon, corrosion-resistant and high-temperature-resistant ferrous silicon alloys, and silicon steel for electromotors and transformer cores. In the manufacture of cast iron, ferrosilicon is used for inoculation of the iron to accelerate graphitization. In arc welding, ferrosilicon can be found in some electrode coatings. The demand for ferrosilicon has been increasing with that of alloy and special steels. Owing to the lack of a viable alternative that can meet the diverse applications, the global ferro alloys market is estimated to expand at an CAGR of 5.9% till 2025. A significant share of the bulk ferro alloys are used in the production of the steel because of the low prices of the bulk ferro alloys and high production around the major producing regions. The prosperity of the building and construction industry in a number of emerging economies is another key driver of the global ferro alloys market, wherein the development of lightweight and high strength steel grades is expected to open up opportunities. On the other hand, stringent governmental regulations pertaining to the environment and high operational costs have stifled growth in the global ferro alloys market. The market for ferro alloys worldwide is projected to reach US$188.7 billion by 2025, up from US$112.8 billion in 2016. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Alok Ferro Alloys Ltd. • Bhartia Bright & Seamless Steels Ltd. • Bhaskar Shrachi Alloys Ltd. • Centom Industries Ltd. • Chhattisgarh Steel & Power Ltd. • Deepak Ferro Alloys Ltd. • Gaurang Alloys & Iron Ltd. • Hamco Mining & Smelting Ltd. • Hindustan Ferro & Inds. Ltd. • Hira Ferro Alloys Ltd. • Indian Metals & Ferro Alloys Ltd. • Indsil Hydro Power & Manganese Ltd. • Jai Balaji Inds. Ltd.
Plant capacity: 18,000 MT per annumPlant & machinery: 3694 Lakhs
Working capital: -T.C.I: Cost of Project:6670 Lakhs
Return: 26.00%Break even: 69.00%
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Hot Rolled Steel Sections oAngles (equal) oChannels oI Beams oRounds

The steel sections manufactured in rolling mills and used as structural members are known as rolled structural steel sections. The steel sections are named according to their cross sectional shapes. The shapes of sections selected depend on the types of members which are fabricated and to some extent on the process of erection. Many steel sections are readily available in the market and have frequent demand. Such steel sections are known as regular steel sections. Some steel sections are rarely used. Such sections are produced on special requisition and are known as special sections. Structural steel is a popular material used in the construction industry especially for building skyscrapers, bridges, tunnels, towers, industrial buildings and road barriers because of the properties they possess. Some important properties exhibited by structural steels are low weight, high strength, ease of use and uniformity of properties. Structural steels come in various shapes including squares, hexagons and rounds. 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. India’s finished steel consumption grew at a CAGR of 5.69 per cent during FY08-FY18 to reach 90.68 MT. India’s crude steel and finished steel production increased to 102.34 MT and 104.98 MT in 2017-18, respectively. 2017-18, the country’s finished steel exports increased 17 per cent year-on-year to 9.62 million tonnes (MT), as compared to 8.24 MT in 2016-17. Exports and imports of finished steel stood at 4.33 MT and 5.41 MT, during Apr-Nov 2018. Thus, due to demand it is best to invest in this project. Few Indian major players are as under: • Bildon Steels (India) Ltd. • Brilliant Steel Products Ltd. • C P Re-Rollers Pvt. Ltd. • Chamundi Steel Castings (India) Ltd. • Dewas Metal Sections Ltd. • Diamond T M T & Procon Pvt. Ltd. • Divy Rollform Ltd. • Durgapur Steels Ltd. • Electrosteel Steels Ltd. • Essar Steel India Ltd. • Facor Steels Ltd. • Hans Ispat Ltd. • Indore Steel & Iron Mills Ltd. • Indrola Steel Rolling Mills India Ltd.
Plant capacity: M.S. Beam (Size from 152x89x16 to 533x210x138 mm):48,000 MT per annum M.S. Channel (Size from 200x90x30 to 300x100x46 mm):48,000 MT per annum M.S. Angle (Size from 25x25x3 to 200x200x24 mm):48,000 MT per annum M.S. Slags:12,000 MT per annumPlant & machinery: 1238 Lakhs
Working capital: -T.C.I: Cost of Project:2984 Lakhs
Return: 30.00%Break even: 55.00%
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PVC/HDPE Pipes (Irrigation, Drinking Water, Agriculture and Sewerage)

PVC pipes are produced by extrusion process followed by calibration to ensure maintenance of accurate internal dia with smooth internal boxes. These pipes generally come in lengths of 6 meters. A wide range of injection moulded fittings, including tees, elbows, reducers, caps, pipes saddles, inserts and threaded adaptors for pipe sizes 15-150 mm are available. High density polyethylene (HDPE) is being used as drainage pipe material because it is lightweight, corrosion resistant, easy to install, and has a low maintenance cost. The design of HDPE corrugated drainage pipe is based on the assumption that the pipe will deform and thus relieve stress. Consequently, ductility is an essential parameter to accommodate allowable deflection during the pipe’s service life. HDPE pipe is much easier to handle and install than heavier, rigid metallic or concrete pipe, allowing for cost advantages in the construction process. It is structurally better able to withstand an impact than other pipe materials, especially in cold weather installations when other pipes like PVC are prone to cracks and breaks. The India PVC Pipes Market size was valued at $3,159 million in 2016 and is anticipated to expand at a CAGR of 10.2% to reach $6,224 million by 2023. Polyvinyl chloride (PVC) is the third largest selling plastic commodity after polyethylene & polypropylene. It is beneficial over other materials, owing to its chemical resistance, durability, low cost, recyclability, and others; thus, it can replace wood, metal, concrete, and clay in different applications. PVC pipes are manufactured by extrusion method in a variety of dimensions such as solid wall or cellular core construction. They are corrosion resistant, cost-effective, flame resistant, easy to install & handle, and environmentally sound, with long service life. The major growth drivers for this market are the growth of government infrastructural spending, increasing residential and commercial construction, industrial production, irrigation sector, and replacement of aging pipelines. The market can be segmented into UPVC, CPVC, HDPE, LDPE, PPR, PPH pipes and fittings and others. Of these, UPVC has accounted for the highest revenue share, followed by HDPE pipes and fittings. The primary growth drivers for the market have been growing sanitation and agriculture sectors in India. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Ajay Industrial Corpn. Ltd. • Alom Poly Extrusions Ltd. • Anant Extrusions Ltd. • Anantha Pvc Pipes Pvt. Ltd. • Apollo Pipes Ltd. • Ashirvad Pipes Pvt. Ltd. • Ashish Polyplast Ltd. • Captain Pipes Ltd. • Dutron Polymers Ltd. • Gee Emm Polyvin Pvt. Ltd. • Greenfield Irrigation Ltd.
Plant capacity: HDPE Pipes (20 mm to 200 mm):1,656,000 Kgs per annum PVC (RPVC/UPVC) Pipes (19 mm to 110 mm):1,224,000 Kgs per annum PVC (RPVC/UPVC) Pipes (63 mm to 250 mm):1,728,000 Kgs per annumPlant & machinery: 260 Lakhs
Working capital: -T.C.I: Cost of Project:778 lakhs
Return: 27.00%Break even: 56.00%
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Bio-Plastic Bags and Containers from Corn Starch

Biodegradable plastics are mainly derived from corn, wheat and potato starch. Biodegradable plastics products are thermoplastic materials which are processed with the same machines traditionally used to process conventional plastics. Biodegradable plastic products physical and chemical properties are similar to those of traditional plastics, but it is completely biodegradable in different environments, just like pure cellulose. The demand for bio-plastics, both biodegradable and non-biodegradable, makes it one of the fastest growing thermoplastic product types globally. Global demand is expected to reach over one billion pounds by 2012. Currently, the biodegradable segment of bioplastics is the largest segment of the bioplastics category, but it is projected to be displaced by the nonbiodegradable bioplastics group of products, which may or may not be 100% derived from biomass. Bioplastic products are generally a degradable plastic in which the degradation results from the action of naturally-occurring micro-organisms such as bacteria, fungi, and algae. A biodegradable plastic product is made from normal polymer; the same used in making plastic products but at the same time it also contains newly invented biodegradable plastic additives. With increasing concerns over the use of plastics, sustainable alternatives to plastics are increasingly in demand. Biopolymers in general and bioplastics in particular, present one such sustainable alternative. Products and solutions based on bioplastics/biopolymers present exciting opportunities globally, and in India. Opportunities are present across a variety of industrial sectors that include packaging, water, beverages, insulation materials, specialty materials and more. The bioplastic containers market in India is projected to grow at a compound annual growth rate (CAGR) of 44.8% between 2009 and 2015. Although the Indian market is beset with challenges such as low awareness that are typical of emerging markets, these hindrances can be overcome by concerted efforts at promoting the long-term environmental benefits of using bioplastic. The biodegradable plastics containers market is expected to grow from USD 3.02 billion in 2018 to reach USD 6.12 billion by 2023, at a CAGR of 15.1% between 2018 and 2023. On the other hand, the global market, distribution channels and other government departments and various forces are actively promoting this new technology. In the next two to three years, the market demand for biodegradable plastic will gradually become stronger. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Arihant Industries Ltd. • Baroda Polyplast Ltd. • Jain Plastics & Chemicals Ltd. • Karwa Consolidated Mktg. Ltd. • Paradise Plastics Enterprise Ltd. • Shakun Polymers Ltd.
Plant capacity: Bio Plastic Bags (Per Bag 25 gms Size):360,000 Kgs per annum Bio Plastic Containers (Per Containers 28 gms Size):640,000 Kgs per annumPlant & machinery: 546 Lakhs
Working capital: -T.C.I: Cost of Project:2546 Lakhs
Return: 33.00%Break even: 88.00%
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