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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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Active Pharma Ingredients (API) Amoxicillin Trihydrate, Azithromycin & Paracetamol

Active pharmaceutical ingredients are the active substances that are used in the manufacture of a drug and have a pharmacological effect. They provide health benefits and play a vital role in disease diagnosis, prevention, and treatment. Active pharmaceutical ingredients may be synthesized either chemically or through biotechnological methods. The Active Pharmaceutical Ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways. Active Pharmaceutical Ingredient (API), is the term used to refer to the biologically active component of a drug product (e.g. tablet, capsule). Drug products are usually composed of several components. The aforementioned API is the primary ingredient. Other ingredients are commonly known as "excipients" and these substances are always required to be biologically safe, often making up a variable fraction of the drug product. The procedure for optimizing and compositing this mixture of components used in the drug is known as "formulation." India is the seventh largest country in the world and has the second highest population. It has a parliamentary democratic form of government and has abundant natural resources and sufficient oil reserves. The country has a huge skilled, English-speaking, and inexpensive labor force. Its young population and current economic policies have made it one of the largest recipients of FDI in the world. The global active pharmaceutical ingredient market size is expected to reach a value of USD 286.6 billion by 2027, registering a CAGR of 6.7% over the forecast period. Factors, such as increasing preference for outsourcing APIs and growing prevalence of various target diseases such as cancer and Cardiovascular Diseases (CVDs) are expected to drive the market growth. Majority of specialty API companies are increasing their manufacturing facilities for specialty active pharmaceutical ingredients (API) to take care of or gain market share. Substantial investments within the growth of approved specialty active pharmaceutical ingredients (API) is one in all the most important factors among key players in the specialty active pharmaceutical ingredients (API) market. For instance, in early 2020, Wuxi STA opened oligonucleotide API manufacturing facility in Changzhou, China to cope up with the increasing demand. In 2018, Cordon Pharma expanded operations with new commercial oligonucleotide active pharmaceutical ingredients (API) manufacturing capabilities at its FDA inspected Colorado facility. The emergence of COVID-19 has brought the world to a standstill. We perceive that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies will help within the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost each sector is anticipated to be impacted by the pandemic. Role of Government towards API The coronavirus outbreak disrupting supply of active pharmaceutical ingredients (APIs) and medical devices from China to India, the government has come out with four schemes worth Rs 13,760 crore to encourage manufacturing of bulk drugs and medical devices in the country and their exports. On March 21, the Union Cabinet under the chairmanship of Prime Minister Narendra Modi had approved an expenditure of Rs. 9,940 crore and Rs. 3,820 crore for APIs and medical devices, respectively. The Cabinet also approved a scheme on promotion of bulk drug parks for financing common infrastructure facilities in three bulk drug parks with financial implication of Rs. 3,000 crore for next five years. The government will give grants-in-aid to states with a maximum limit of Rs. 1,000 crore per bulk Drug Park. Parks will have common facilities such as solvent recovery plant, distillation plant, power and steam units, common effluent treatment plant etc. The government further approved production linked incentive (PLI) scheme for promotion of domestic manufacturing of critical KSMs/drug intermediates and APIs in the country with financial implications of Rs. 6,940 crore for next eight years. Financial incentive will be given to eligible manufacturers of identified 53 critical bulk drugs on their incremental sales over the base year (2019-20) for a period of 6 years. Out of 53 identified bulk drugs, 26 are fermentation based bulk drugs and 27 are chemical synthesis based bulk drugs. Rate of incentive will be 20 per cent (of incremental sales value) for fermentation based bulk drugs and 10 per cent for chemical synthesis based bulk drugs. The PLI scheme will lead to expected incremental sales of Rs. 46,400 crore and significant additional employment generation over eight years. The drug industry has welcomed the incentives offered by the government to promote API units in India. Besides APIs, the Cabinet also approved the scheme for promotion of medical device parks in the country in partnership with the states. A maximum grant-in-aid of Rs. 100 crore per park will be provided to the states. It will have financial implications of Rs. 400 crore. The PLI scheme for promoting domestic manufacturing of medical devices will have financial implications of Rs. 3,420 crore for next five years. Medical device is a growing sector and its potential for growth is the highest among all sectors in the healthcare market. It is valued at Rs. 50,026 crore for 2018-19 and is expected to reach to Rs. 86,840 crore by 2021-22. India depends on imports up to an extent of 85 per cent of total domestic demand of medical devices. Union Cabinet scheme on Promotion of Bulk Drug Parks • The scheme on Promotion of Bulk Drug Parks for financing Common Infrastructure Facilities in 3 Bulk Drug Parks with financial implication of Rs. 3,000 crore for next five years. • Production Linked Incentive (PLI) Scheme for promotion of domestic manufacturing of critical KSMs/Drug Intermediates and APIs in the country with financial implications of Rs6,940 crore for next eight years. Details: Promotion of Bulk Drug Parks • Decision is to develop 3 mega Bulk Drug parks in India in partnership with States. • Government of India will give Grants-in-Aid to States with a maximum limit of Rs. 1000 Crore per Bulk Drug Park. • Parks will have common facilities such as solvent recovery plant, distillation plant, power & steam units, common effluent treatment plant etc. • A sum of Rs. 3,000 crore has been approved for this scheme for next 5 years. Production Linked Incentive Scheme • Financial incentive will be given to eligible manufacturers of identified 53 critical bulk drugs on their incremental sales over the base year (2019-20) for a period of 6 years. • Out of 53 identified bulk drugs, 26 are fermentation based bulk drugs and 27 are chemical synthesis based bulk drugs. • Rate of incentive will be 20 % (of incremental sales value) for fermentation based bulk drugs and 10% for chemical synthesis based bulk drugs. • A sum of Rs. 6,940 crore has been approved for next 8 years. Few Indian major players are as under Alpha Remedies Ltd Ankur Drugs & Pharma Ltd. Aurobindo Pharma Ltd. Dr. Reddy'S Laboratories Ltd. Glaxosmithkline Pharmaceuticals Ltd. Farmson Pharmaceutical Gujarat Pvt. Ltd.
Plant capacity: Paracetamol:1,000 Kgs / day Azithromycin:500 Kgs / day Amoxicillin Trihydrate:500 Kgs / dayPlant & machinery: Rs 175 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1322 lakhs
Return: 29.00%Break even: 47.00%
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Surgical & N95 Masks

A surgical mask, also known as a procedure mask, medical mask or simply as a face mask, is intended to be worn by health professionals during surgery and during nursing to catch the bacteria shed in liquid droplets and aerosols from the wearer's mouth and nose. They are not designed to protect the wearer from inhaling airborne bacteria or virus particles and are less effective than respirators, such as N95 or FFP masks, which provide better protection due to their material, shape and tight seal. Surgical masks are designed to keep operating rooms sterile, preventing germs from the mouth and nose of a wearer from contaminating a patient during surgery. Although they have seen a rise in popularity among consumers during outbreaks such as the coronavirus, surgical masks are not designed to filter out viruses, which are smaller than germs. The India surgical mask market accounted for $58 million in 2017, and is projected to reach $95 million by 2025, registering a CAGR of 6.1% from 2018 to 2025. Surgical masks are made of natural fiber, such as cotton or disposable linen or synthetic materials, such as polypropylene. They are made of different layers including a hydrophobic outer layer, a middle filtering layer, and an inner hydrophilic layer to absorb the fluid and moisture. They are used as a barrier to avoid cross contamination by microorganisms and are used during surgical procedures. The surgical mask is used by surgeons during procedures and other medical professionals while interacting with the patients to avoid cross contamination of microorganisms. The India surgical mask market is driven by various factors, such as increase in elderly population, increase in adoption of surgical mask in the general population, and surge in prevalence of contagious and chronic diseases such as tuberculosis and asthma. Furthermore, rise in the number of medical device manufacturing companies is also anticipated to supplement the growth of the surgical masks industry. The demand within the global market for surgical mask has been rising on account of advancements in the field of medical surgery and diagnosis. Surgical masks are meant to protect doctors and surgeons from harmful infections and pathogens that may get suspended in the surgery room. Furthermore, the patient who is under treatment also needs to be protected from infectious agents that may be discharged by others in the surgery rooms. Hence, the global market for surgical mask is expected to expand at a stellar pace in the years to follow. There have been multiple attempts at manufacturing improved surgical masks, and this has given an impetus to market growth. The world is currently experiencing the pandemic of an infectious disease called COVID-19. This infection leads to multiple organ failure, acute & severe respiratory disorders, pneumonia, and even death in severe cases. Hence, surge in number of people with coronavirus infections is anticipated to drive the global surgical face masks market. According to the World Health Organization, globally, 823,626 confirmed and 72,736 new cases of COVID-19. The effectiveness of surgical face mask in blocking the transmission of SARS is 68%. Therefore, it is widely used by medical workers as part of droplet transmission precaution when caring for patients with respiratory infections. Hence, increase in use of surgical face masks is projected to fuel the growth of the global surgical face masks market. Furthermore, vulnerable populations, such as older adults with chronic conditions, are at high risk of infectious diseases, including COVID-19. Hence, the use of face mask to prevent infections by the geriatric population is anticipated to drive the global market. Few Indian major players are as under 3M India Ltd. Health Insurance T P A Ltd. GoodKimberly-Clark India Pvt. Ltd. Mediklin Healthcare Ltd. Surgeine Healthcare (India) Pvt. Ltd.
Plant capacity: Surgical Face Masks (each Pkts = 25 Pcs.): 1,694 Pkts / day N95 Face Masks (each Pkts = 5 Pcs.): 8,467 Pkts / dayPlant & machinery: Rs 350 lakhs
Working capital: -T.C.I: Cost of Project : Rs 865 lakhs
Return: 29.00%Break even: 53.00%
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Biodegradable Plastic Bags from Corn & Cassava Starch Granules

Biodegradable plastic is plastic that decomposes naturally in the environment. This is achieved when microorganisms in the environment metabolize and break down the structure of biodegradable plastic. The end result is one which is less harmful to the environment than traditional plastics. Corn starch is blended with suitable plasticizer, lubricants and other chemical additives and processed in a twin screw extruder to produce thermoplastic starch pellets or granules. These pellets are further processed to manufacture cast or blown films. If disposed of correctly, packaging material made from cornstarch will break down into carbon dioxide and water within several months. However, if the material is not disposed of correctly cornstarch-based material will take longer to decompose, especially if there is no oxygen or light available. The global biodegradable plastic packaging market was valued at USD 4.65 billion in 2019, and is expected to reach a market value of USD 12.06 billion by 2025, registering a CAGR of 17.04% during the forecast period of 2020-2025.Growing environmental concerns regarding plastic usage that consists of toxic pollutants which are harming plants, animals, and people are driving the use of biodegradable plastic. Stringent regulations by various government and federal agencies with an objective to reduce plastic waste and promote biodegradable plastics usage in packaging is boosting the demand of this market. Regulations related to green packaging is increasing and various FMCG companies are required to adopt biodegradable packaging to comply with the standards which in turn is propelling the growth of this market. Biodegradable plastic is plastic that decomposes naturally in the environment by the action of microorganisms in the environment that metabolize and break down the structure of biodegradable plastic. The end result is one which is relatively less harmful to the environment than the traditional plastics. Non-decomposable plastics are a global environmental problem. Governments around the world are dealing with this problem by banning single-use plastics and promoting biodegradable plastics. Moreover, consumers are willing to pay more for biodegradable plastics owing to their eco-friendly nature. Moreover increasing use of biodegradable plastics in packaging and agriculture sectors is projected to drive the global biodegradable plastics market. Based on end-use industry, the biodegradable plastics market has been segmented into packaging & bags, consumer goods, agriculture & horticulture, textile, and others (automotive, medical, and building & construction). Packaging & bags is the largest and the fastest-growing end-use industry of biodegradable plastics. The new applications of biodegradable plastics in the packaging industry are diaper banking, adult incontinence products, and landfill covers. With several innovative products coming up, the use of biodegradable plastics in packaging is expected to increase further.
Plant capacity: Biodegradable Plastic Bags from Corn Starch Granules (Per Bag 25 gms Size): 6 MT per/ day Biodegradable Plastic Bags from Cassava Starch Granules (Per Bag 25 gms Size) : 6 MT per/ day Plant & machinery: Rs 77 lakhs
Working capital: -T.C.I: Cost of Project: Rs 485 lakhs
Return: 31.00%Break even: 59.00%
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Hydrated Lime Production from Limestone

The term “hydrated lime” is widely used to describe a powdered calcium hydroxide product made by reacting quicklime with a controlled excess of water. The product is essentially dry and generally contains less than 1% of un-reacted water. The process is called “hydration” and should be differentiated from “slaking” which involves the production of a dispersion of calcium hydroxide in water. However, the expression “slaked lime” is used as a generic term for hydrated lime, milk of lime and lime putty. An estimated 10 to 15% of the quicklime produced in developed countries is converted in to hydrated lime and the percentage may be higher in countries which do not have a large steel industry. Because hydrating plants are relatively complex and can be fed with surplus grades of quicklime, there are relatively few of them and they are normally located at a lime works. While the chemical reactions involved in the formation of hydrated lime are simple, the physical chemistry is complex. Lime is second to petroleum as the world's most widely used chemicals. It is used for coagulation, hydroxylation and absorption. Lime is a major component of fertilizer and soil conditioner in agriculture. In the preparation of insecticides, medicines and livestock feeds, lime is used. In the chemical industries, leather industries use lime extensively for liming. Other industries that use lime include cement, soap, steel and paper industries. The global hydrated lime market size will grow by 31.24 MMT during 2018-2022. In terms of value, the global lime market is anticipated to expand at a CAGR of ~ 6% and reach a value of US$ ~65.4 Bn by 2027. Hydrated Lime is a caustic solid substance, white when pure and is obtained by calcining limestone and others forms of calcium carbonates. Hydrated lime has become one of the most important industrial minerals because of its chemical and physical properties, as well as its commercial importance and the simplicity in its production. They are agriculture, water treatment, building, tannery, food processing, breweries, and soft drink, paint and chemical industries. On the basis of geography, the global hydrated lime market can be segmented into nine key regions, namely, South East Asia Pacific, Latin America, Western Europe, Middle East & Africa, China, Japan, Eastern Europe, and India. With growing investments in the Latin America region in the construction sector, the market in the region is projected to witness significant traction. Further, an increase of coal mining and the production of coal in the Asian market are expected to subsequently drive the demand for hydrated lime at the regional level. Increasing demand for pesticides from the South East Asia Pacific region, the hydrated lime market is estimated to grow with a healthy growth rate. Also, China and India are major consumers of hydrated lime. In term of steel production, Europe dominates the market (the region has 168.7 million metric tons production of steel in 2017), owing to that, the demand for hydrated lime in Europe will increase in next few years. Further, the hydrated lime market in developed economies like North America estimated to grow with a healthy growth rate during the forecast period. Few major players are as under Shandong Zhongxin Calcium Industry Co., Ltd., Mississippi Lime Company, Pete Lien & Sons, Inc., Linwood Mining & Minerals Corp., Lhoist, Cheney Lime & Cement Company, United States Lime & Minerals Inc.
Plant capacity: Hydrated Lime: 120 MT / day Plant & machinery: Rs 181 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1415 lakhs
Return: 28.00%Break even: 68.00%
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Sodium Borohydride usingTrimethyl Borate

Sodium borohydride, also known as sodium tetrahydridroborate and sodium tetrahydroborate, is an inorganic compound with the formula NaBH4. This white solid, usually encountered as a powder, is a reducing agent that finds application in chemistry, both in the laboratory and on an industrial scale. It has been tested as pretreatment for pulping of wood, but is too costly to be commercialized. The compound is soluble in alcohols, certain ethers, and water, although it slowly hydrolyzes. Sodium Borohydride, also known as sodium tetrahydridroborate, is a white solid, usually encountered as a powder, widely used as a reducing agent in various industries like pharmaceuticals, pulp & paper, metal recovery, textiles, organic chemical purification and others. Sodium borohydride is an effective and a selective specialty reducing agent used in the manufacture of pharmaceuticals. Sodium borohydride is used for reduction of metal ions, carbonyls and peroxides as well as purification and removal of oxidation, odor and color of precursors in organic chemical products. Sodium borohydride is also used to control pollution and recycle noble metals. Sodium borohydride is a less expensive metal hydride and is an efficient and cost-effective reducing agent. Sodium borohydride finds wide area of applications in the synthesis of many intermediates used in manufacture of medicines and fine chemical products, pharmaceuticals, the recovery & preparation of catalysts, precious heavy metals & rare earth metals among others. Sodium borohydride is used as a reducing agent when reacting with ketone chlorine, aldehyde and ketone. Sodium Borohydride Market size is estimated to grow at a moderate rate from 2016 to 2024 owing to the growth in wood pulp, textile, and pharmaceuticals industries. Extensive usage as a bleaching agent in wood pulp and textiles industry will be a major driver for the global sodium borohydride market in the coming years. Pulp and paper industry is likely to grow on the account of increasing demand from the packaging industry. Environmental sustainability of pulp-based packaging material for food products will be a major boosting factor. Rising worldwide pulp consumption and growing textiles industry owing to changing consumer preference for natural fiber based textiles will also augment the industry growth. Sodium borohydride is also used as a hydrogen storage agent due to high hydrogen density, low cost, and relative air stability. With the current global trend to use alternative and clean energy rising, use of hydrogen as a clean fuel is being considered by many countries. Although this trend will lead to increased product use, but commercial and large-scale use of hydrogen as fuel is still far away due to technological limitations. Scope for the product to be used as hydrogen storage agent by energy and automobile industry is mostly at the research phase and will provide a plethora of opportunities for sodium borohydride market growth in the coming years. Sodium borohydride market will witness growth on the account of its application to produce sodium dithionite, a reducing agent used in wood pulp and bleaching industries. Sodium dithionite is also used to produce alcohols by reducing aldehydes and ketones which are used to manufacture various antibiotics. Growing antibiotics demand in the underdeveloped countries of Asia Pacific and Middle East & Africa will propel the global sodium borohydride market in the coming years. The product is also used in the synthesis of gold nanoparticles, which are used in various fields such as electron microscopy, chemotherapy, radiotherapy, medical research etc. Gold nanoparticles industry is expected to grow by over 25% CAGR in the forecast period which will drive the sodium borohydride market.
Plant capacity: Sodium Borohydride : 3,000 Kgs / dayPlant & machinery: Rs 92 lakhs
Working capital: -T.C.I: Cost of Project : Rs 711 lakhs
Return: 32.00%Break even: 61.00%
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Refrigerant Gas R22 Bottling Plant

A refrigerant is a substance or mixture, usually a fluid, used in a heat pump and refrigeration cycle. In most cycles it undergoes phase transitions from a liquid to a gas and back again. The ideal working fluid or often called refrigerant would have favorable thermodynamic properties, be noncorrosive to mechanical components, and be safe, including freedom from toxicity and flammability. The desired thermodynamic properties are a boiling point somewhat below the target temperature, a high heat of vaporization, a moderate density in liquid form, a relatively high density in gaseous form, and a high critical temperature. Since boiling point and gas density are affected by pressure, refrigerants may be made more suitable for a particular application by appropriate choice of operating pressures. Chlorodifluoromethane or difluoromonochloromethane is a hydro chlorofluorocarbon (HCFC). This colorless gas is better known as HCFC-22, or R-22, or (CH ClF2). It is commonly used as a propellant and refrigerant. R-22 cylinders are colored light green. R22 is a single component HCFC refrigerant that has historically been used for air conditioning, medium temperature and low temperature refrigeration. The refrigerants market size is estimated to be USD 22.9 billion in 2018 and is projected reach USD 31.0 billion by 2023, at a CAGR of 6.2% between 2018 and 2023. The market is mainly driven by the rising demand for refrigerants from the applications domestic, commercial, and industrial refrigeration; chillers; window, split, VRF, and other air-conditioning systems; and MAC. Growing demand for refrigerants in upcoming applications has created various opportunities for its manufacturers. APAC is the key market for refrigerants, globally, followed by North America and Europe, in terms of volume. One of the primary drivers of the market is the increasing demand for consumer appliances in these regions. Increase in demand for energy-efficient cooling solutions and rising awareness regarding global warming and ozone depletion is expected to shape the industry over the forecast period. Fluorocarbon phase-out as per regulations laid down by the Montreal Protocol and updated by the Kyoto Protocol has led to a resurgence in demand for natural refrigerants. The hydrocarbon and inorganic segments are, therefore, expected to witness considerable growth. The stationary air conditioning, chillers, and heat pumps segment dominated the market by application and accounted for over 47% of the overall volume in 2016. Increased spending power of the middle class on consumer appliances, such as refrigeration systems, has resulted in the growth of this segment. Rising demand for cooling equipment owing to rapid industrialization, deteriorating weather conditions, and growth in the manufacture of consumer appliances has also positively influenced its demand. Commercial refrigeration is another application witnessing significant growth. Increasing hypermarket, supermarket, and food retail chains, coupled with rise in consumption of packaged and frozen foods, has boosted the demand for commercial refrigerants. Few major players are as under Jiangxi Bosheng New Refrigerant Co., Ltd. Quzhou JinyuanHongtai Refrigerant Co., Ltd Anhui T.C Refrigerant High-tech Co., LTD Hangzhou Elk Refrigerant High-Tech Co., Ltd Refrigerant & Chemical
Plant capacity: Refrigerant Gas R22 (Cylinder 10 Kgs Size): 166 Nos / dayPlant & machinery: Rs 24 lakhs
Working capital: -T.C.I: Cost of Project: Rs179 lakhs
Return: 27.00%Break even: 64.00%
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Peanut Butter

Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food.Since India occupies the first position both in regard tothe area and the production of groundnut, in the world, it is bound to explore all the qualitative values of groundnut, and use it to the maximum. The major groundnut-producing countries of the world are India, China, Nigeria, Senegal, Sudan, Burma and the USA. Out of the total area of 18.9 million hectares and the total production of 17.8 million tonnes in the world, these countries account for 69% of the area and 70% of the production. India occupies the position, both in regard to the area and the production, in the world. About 7.5 million hectares is put under it annually and the production is about 6 million tonnes. 70% of the area and 75% of the production are concentrated in the four states of Gujarat, Andhra Pradesh, Tamil Nadu and Karnataka. Andhra Pradesh, Tamil Nadu, Karnataka and Orissa have irrigated area forms about 6% of the total groundnut area in India. In United State's half the crop is processedintoedible productsmainlypeanut butter, otherproductsincludepeanut candy,salted nuts peanut butter is made and consumedprimarily in the U.S. The peanuts are shelled and dry-roasted the skins are removed and the nuts are finally ground. Global trade of Indian Peanuts or Indian Groundnut oil is to the maximum of 100000 tons a year. EU and major importers. Senegal and Argentina are the major Peanuts exporters. Around 75% of the crop is produced in khariff (June - September) and remaining 25% in Rabi (November - March). India exported around 100000 tons of groundnut oil in 2003-04 after 4 decades, as crop failed in Senegal and Argentina. Peanuts or Groundnut kernels are approx. 70% of weight in shells and kernels have an oil recovery of 40-42%. China (2-2.5 million tons), India (1.5-2 million tons) is the major producers of groundnut oil, followed by Sub-Saharan African countries and Central and South America. Groundnut is the major oilseed of India. It accounts for around 25% of the total oilseed production of the country. Annual production of Indian Peanuts and Indian Peanuts oil are around 5-8mln and 1.5 mln tons respectively. Peanuts Production is highly vulnerable to rainfall deviations and display huge fluctuation between years. Various drivers for peanut butter market includes rising demand for nutritious products coupled with increasing disposable income of consumers especially in developing countries. Other drivers that fuel the growth of peanut butter market are increasing demand for low calorie healthy food and emergence of hectic life schedule. Changing lifestyle coupled with shift towards the intake of convenient food are also factors that are expected to drive the peanut butter market in the coming four to five years. Major restraint that is expected to hamper the growth of the overall peanut butter market is the availability of peanut at relatively competitive prices coupled with fluctuating production of peanuts especially in India. Few Indian major players are as under Gujarat Co-operative Milk Marketing Federation Ltd Agro Tech Foods Limited Dr. Oetker India Pvt Ltd Parag Milk Foods Limited Britannia Dairy Private Limited Mother Dairy Fruit & Vegetable Private Limited
Plant capacity: Peanut Butter: 8,000 Kgs / dayPlant & machinery: Rs 126 lakhs
Working capital: -T.C.I: Cost of Project: Rs 562 lakhs
Return: 29.00%Break even: 53.00%
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Cellophane Film

Cellulosic and Transparent Paper, known under the name of “Cellophane” is a flexible, highly transparent film or foil derived from a natural product – wood or cotton linters pulp (cellulose). It is still, in spite of competition from synthetic films, a packaging film with a great diversity of uses. There are two main groups of cellulosic film. The uncoated, plain or P-films and the coated films (on one or both sides). The coating weighs between 2 – 4 g/m2. Cellophane is a registered trademark in many countries. The most commonly used cellulose-based food packaging film is cellophane, a versatile, non-plastic film. Commercial cellophane packaging films are clear and transparent.Cellulose films are produced from renewable wood pulp harvested from managed plantations. Cellophane™ is a cellulose film, which was developed over 90 years ago. Cellophane is a thin, transparent sheet made of regenerated cellulose. Its low permeability to air, oils, greases, bacteria, and water makes it useful for food packaging. Cellophane is highly permeable to water vapor, but may be coated with nitrocellulose lacquer to prevent this.As well as food packaging, cellophane is used in transparent pressure-sensitive tape, tubing and many other similar applications. Cellophane is the oldest transparent packaging product used to encase cookies, candies, and nuts. Cellophane was the major packaging film used until the 1960s. In the more environmentally-conscious market of today, cellophane is returning in popularity. As cellophane is 100% biodegradable, it is seen as a more earth-friendly alternative to existing wrappings. Cellophane also has an average water vapor rating and excellent machinability and heat seal ability, adding to its current popularity in the food-wrapping market. Cellulose film packaging market will reach an estimated valuation of USD 1007.67 million by 2027, while registering this growth at a rate of 5.0% for the forecast period of 2020 to 2027. Cellulose Film Packaging Market is anticipated to record a CAGR of 5.1% over the forecast period. Many multi-national companies are concentrating towards new product advances in cellulose film packaging. Moreover, the many superior properties of cellulose film packaging are exploited in the field of food and beverage now and then. New uses for cellulose film packaging derivatives are discovered on a regular basis which is expected to drive the cellulose film packaging market rapidly.Currently the global cellulose film packaging market is observing vibrant growth owing to an increase in demand of biodegradable and compostable packaging in the market. Advances in various end-user industries in the past few years and growing technological explorations is projected to drive cellulose film packaging market besides the wide range of functions of cellulose film packaging in an immense range of products such as adhesive films, food wrapping packages, cellulose film liners and others during the forecast period.
Plant capacity: Cellophane Film : 10 MT / dayPlant & machinery: Rs 605 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1294 lakhs
Return: 29.00%Break even: 53.00%
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E-Waste Recycling Plant

Electronic wastes, "e-waste", "e-scrap", or "Waste Electrical and Electronic Equipment" ("WEEE") is a description of surplus, obsolete, broken or discarded electrical or electronic devices. Technically, electronic "waste" is the component which is dumped or disposed or discarded rather than recycled, including residue from reuse and recycling operations. Because loads of surplus electronics are frequently coming led (good, recyclable, and non-recyclable), several public policy advocates apply the term "e-waste" broadly to all surplus electronics. Electronic Waste – or e-waste – is the term used to describe old, end-of-life electronic appliances such as computers, laptops, TVs, DVD players, mobile phones, mp3 players etc. which have been disposed of by their original users. While there is no generally accepted definition of e-waste, in most cases, e-waste comprises of relatively expensive and essentially durable products used for data processing, telecommunications or entertainment in private households and businesses. The rising levels of e-waste generation in India have been a matter of concern in recent years. With more than 100 crore mobile phones in circulation, nearly 25 per cent end up in e-waste annually.“India has surely emerged as the second largest mobile market with 1.03 billion subscribers, but also the fifth largest producer of e-waste in the world, discarding roughly 18.5 lakh metric tonnes of electronic waste each year, with telecom equipment alone accounting for 12 per cent of the e-waste’’. The fastest growing sources of waste and is estimated to be increasing by 16-28 per cent every five years. Within each sector a complex set of heterogeneous secondary wastes is created. Although treatment requirements are complicated, the sources from any one sector possess many common characteristics. However, there exist huge variations in the nature of electronic wastes between sectors, and treatment regimes appropriate for one cannot be readily transferred to another. E-Waste or Electronic Waste broadly describes loosely discarded, surplus, broken, obsolete, electrical and electronic devices. E-Waste is an area of immediate and long-term concern as its unregulated accumulation and recycling can lead to major environmental degradation which will pose a major threat to human health. Revolution of IT, new and innovative technologies and globalization of economy have made new electronic products available and affordable. But on the other hand, it has also led to unrestrained resource consumption and E-Waste generation. Electronic waste (e-waste) typically includes discarded computer monitors, motherboards, mobile phones and chargers, compact discs, headphones, television sets, air conditioners and refrigerators. According to the Global E-Waste Monitor 2017, India generates about 2 million tonnes (MT) of e-waste annually and ranks fifth among e-waste producing countries, after the US, China, Japan and Germany. In 2016-17, India treated only 0.036 MT of its e-waste. About 95 per cent of India’s e-waste is recycled in the informal sector and in a crude manner. Only 20 per cent of global e-waste is recycled. The market in Asia-Pacific has been categorized as China, Japan, India, and the rest of Asia-Pacific. The market in Asia-Pacific is expected to register the highest CAGR of 15.25% during the forecast period. Japan is expected to be a leading country-level market and is expected to register a 12.75% CAGR. India is expected to be the fastest-growing country-level market, expected to register the highest CAGR over the next few years. This is due to the growing population in the region. Also, growing awareness of e-waste recycling and government initiatives are the major factors for the growth of the market. India is emerging as one of the world's major electronic waste generators, posing grave concerns to public health and environment alike.Industry body Assocham, said India’s ‘production’ of e-waste is likely to increase by nearly three times, from the existing 18 lakh metric tons (MT) to 52 lakh MT) per annum by 2020 at a compound annual growth rate (CAGR) of about 30%.The Global Electronic Waste Recycling Market is expected to expand at 13.03% CAGR to reach a market value of 39,498.81 Million in 2024. A mere 1.5% of India's total e-waste gets recycled due to poor infrastructure, legislation and framework which leads to a waste of diminishing natural resources, irreparable damage of environment and health of the people working in industry. Over 95% of e-waste generated is managed by the unorganized sector and scrap dealers in this market, dismantle the disposed products instead of recycling it. Few Indian major players are as under E-ParisaraaPvt Ltd Attero India Pvt Ltd, E-waste Recyclers India, Eco Recycling Limited (ECORECO), Hi-Tech Recycling India Pvt. Ltd., Ultrust Solutions Pvt. Ltd.,
Plant capacity: Aluminium : 3 MT / day Mild Steel: 2 MT / day Shredded PCB: 15.00 MT / dayPlant & machinery: Rs 88 lakhs
Working capital: -T.C.I: Cost of Project: Rs 533 lakhs
Return: 29.00%Break even: 59.00%
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Aluminium Foil Containers

Aluminum is the most widely used non-ferrous metal and is extensively used in packaging materials. It is an excellent material for creating all types of containers. However, despite the fact that about seven billion aluminum foil containers are produced annually, most packaging engineers and packaging users know very little about the advantages that these containers bring to the packaging and food service industries. Aluminum is one of the most abundant metallic elements, accounting for over 8% of the earth’s crust on a weight basis. However, economically recoverable aluminum exists in concentrated ore form in only limited locations. The most common, and currently the only commercially utilized aluminum ore, is bauxite. Bauxite may contain 50-60% aluminum oxide (Al2O3) on a weight basis. Aluminum foil containers are formed by combining mechanical and air pressure to force light gauge aluminum foil into a shaped die cavity. Esthetically appealing aluminum foil containers are ideal for table-ready service after the container has functioned first as a package and a heating utensil. Foil containers also come in a variety of colors and special purpose coatings. Aluminium foil containers are used to prepare, freeze, store, transport, cook and serve a variety of foods. Containers made from aluminium foil are the only containers that can be used in all types of ovens: microwave, conventional, convection and broiler. Aluminum foil containers are used to prepare, freeze, store, transport, cook and serve a variety of foods. Containers made from aluminum foil are the only containers that can be used in all types of ovens: microwave, conventional, convection and broiler. Moreover, its recyclability makes aluminum one of the most environment friendly materials on earth, a key advantage for planet conscious consumers and local governments. Additionally, recycled aluminum saves more than 95% of the energy necessary to produce new primary aluminum. The past production of foil shows an overall growth rate of about 8% only. The usage pattern, being very sensitive to price and availability, keeps on changing from time to time depending upon the economies of usage of aluminium foil compared to other products.Large applications of Aluminium Foil include aluminium foil containers, where aluminium foil properties offer a great range of solutions for food packaging, and Household foil, which became in many countries an essential part of modern life, for cooking, or for many uses at home, or in commercial kitchens (restaurants, hospitals, schools, canteens). With the drastic shift in the consumer food & beverage consumption patterns, the demand for aluminum foil containers has been growing rapidly. Aluminium foil containers are also proven to reduce food contamination, making them a hygienic packaging solution. Aluminium foil containers can withstand extreme temperature change, can be used in microwave ovens, and are very easy to clean.The aluminum foil Packaging market was valued at USD 17.9 billion in 2019 and is expected to reachUSD 46.19 billion by 2025, exhibiting a revenue-based CAGR of 4.0% over the forecast period. Escalating demand for convenience and hygienic packaging along with a massive preference for packaged goods that help in elongating shelf life of the products are likely to drive the growth of aluminum foil containers market in the coming years. In addition to this, the massive use of aluminum foils in flexible packaging solutions is also a key factor in driving product demand. Moreover, high barrier & light-weight features along with its recyclable nature will enhance the application of aluminum foil across myriad business domains. This will further drive market growth trends. The aluminum foil containers market is likely to gain traction over the ensuing years, subject to the burgeoning demand from the processed foods and ready-to-eat meals sector. Furthermore, a growing focus on adopting eco-friendly packaging and massive use of the product in pharmaceuticals items & confectionaries is likely to accelerate the growth of aluminum foil containers market in the years ahead. The global aluminum foil containers market can be classified into thickness, foil type, application, and end-use. On the basis of thickness, the market is sectored into 0.007 mm - 0.09 mm, 0.09 mm - 0.2 mm, and 0.2 mm - 0.4 mm. Based on the foil type, aluminum foil containers market Printed and Unprinted. Application wise, the market is sectored into food, beverages, pharmaceuticals, and personal care & cosmetics. Based on the end-user, the aluminum foil containers market is divided into Bags & Pouches, Wraps & Rolls, Blisters, Lids, Laminated Tubes, and Trays. Few Indian major players are as under Amco India Ltd. Archer Metal Ltd. Asian Consolidated Inds. Ltd. Bharat Containers (Nagpur) Pvt. Ltd. Green Pack Foils Pvt. Ltd. J P Foil Ltd.
Plant capacity: Aluminium Foil Containers 2 Cavity Mould (890 ml size) : 172.8 Packets / day (1000 pcs/ packet) Aluminium Foil Containers 3 Cavity Mould (890 ml size) : 259.2 Packets / day (1000 pcs/ packet)Plant & machinery: Rs 60 lakhs
Working capital: -T.C.I: Cost of Project: Rs 171 lakhs
Return: 34.00%Break even: 79.00%
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