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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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Emerging Business of Paracetamol Tablets.

N-acetyl-para-aminophenol (the segment "CET" inserted between "para" and "amino") and Acetyl-para-aminophenol (the segment "CET" inserted between "para" and "amino") are two official names of the same chemical compound derived from its chemical name: N-acetyl-para-aminophenol (the segment "CET" inserted between "para" and "amino"). This medicine has a long history, and it was discovered by coincidence, as is often the case with significant discoveries. In the global medicines industry, India holds a significant place. In addition, the country boasts a big pool of scientists and engineers who have the potential to propel the industry forward to new heights. Indian pharmaceutical companies currently supply over 80% of the antiretroviral medications needed to combat AIDS (Acquired Immune Deficiency Syndrome) around the world. India's pharmaceutical sector is ranked third in terms of volume and 14th in terms of value in the world. It is the world's largest provider of generic medications, accounting for 20% of global exports in generics. For fever reduction and mild to moderate pain relief in adults and children aged two months and up, paracetamol is a well-established medication that is recommended by healthcare organisations all over the world. 1 Paracetamol has been around for almost 60 years and is used by millions of people all over the world. In COVID-19, public health organisations, including the World Health Organization (WHO), presently prescribe paracetamol as part of symptomatic treatment to relieve mild to moderate discomfort and lower temperature. • Headache Swiss: Paracetamol with caffeine is also used in headache by Austrian and German headache organisations. Paracetamol is also used to treat headaches in India. In some countries, paracetamol is also used to treat migraines. • Toothache: According to some research, paracetamol is also effective to treat toothache. • Pain Associated with Menstruation: Paracetamol is frequently prescribed in conjunction with Dicyclomine Hydrochloride or Mefenamic Acid to alleviate pain associated with menstruation. The tablet category accounts for the majority of the market because it is the most widely utilised form of paracetamol. Pain is treated with large doses of paracetamol. The amount of paracetamol sold in the United Kingdom is estimated to be just under 6,300 tonnes per year, according to the University of Oxford. Every year, 35 tonnes per millions of people consume 35 grammes or 70 paracetamol tablets. In 2019, India's domestic pharmaceutical market sales increased by 9.8% year on year to Rs 1.4 lakh crore (US$ 20.03 billion), up from Rs 129,015 crore (US$ 18.12 billion) in 2018. The Indian pharmaceutical sector is the world's third largest in terms of output volume and thirteenth in terms of domestic demand. In value terms, however, the Indian pharmaceutical business, valued at USD 17 billion in 2016, represents barely over 1% of the worldwide pharmaceutical sector (USD 1700 billion). The domestic market is worth Rs. 680 billion. India has the world's third largest active pharmaceutical ingredients (API) market, worth little under USD 2 billion. About 6.5 percent of APIs are produced by the top five companies. Antibiotics, gastrointestinal, cardiovascular, and respiratory medicines are the most common APIs. Few Indian major players 1. Alpha Remedies Ltd. 2. Alta Laboratories Ltd. 3. Farmson Pharmaceutical Gujarat Pvt. Ltd. 4. Granules India Ltd. 5. Haffkine Ajintha Pharmaceuticals Ltd. 6. Nalin Chemicals Ltd.
Plant capacity: Paracetamol Tablets: 5.0 MT per day Paracetamol Powder: 1.4 MT per dayPlant & machinery: 385 Lakhs
Working capital: -T.C.I: Cost of Project: 794 Lakhs
Return: 29.00%Break even: 53.00%
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Profitable Industry of Medical Disposables (Gowns & Drapes)

Surgical gowns must be resistant to illnesses and infections while also allowing for reasonable mobility. They must allow for essential mobility while avoiding rubbing and chafing, and they must also be resistant to tearing and lining. They should be snug but not constrictive. The gowns must withstand constant pulls on the fabric during ordinary movements because there is usually surplus fabric. Because hospitals will only store a limited number of gowns, they must be made to fit a variety of body types and sizes with a limited range of sizes. The gowns must help preserve the sterile zone essential for patient safety by controlling microorganisms introduced into the theatre. They must allow for easy donning and doffing without contamination while avoiding any gaps that could allow the barrier to be breached. Gowns must be long-lasting enough to last the garment's intended use life, whether single or multi-use. They should repel fluids while ventilating the surgeon's high body temperature. A surgical drape is a non-woven covering made of disposable material that is used to cover a patient's region. A fenestration (an aperture) in a drape allows the surgeon to execute the procedure. It is available in a variety of sizes, depending on the sort of operation. Drapes differ from one hospital to the next. Surgical drapes are used to keep the operating room clean and bacteria-free. To do this, the adhesive tape must adhere firmly to both the drape material and the patient's skin; its performance cannot be harmed by the method used to sterilise the drape or jeopardised by pre-operation cleaning treatments. The global medical disposable market is predicted to increase at a CAGR of 7% to USD 160 billion by 2023, up from USD 114 million in 2018. Some of the primary factors driving the growth of the global disposable medical market include an increase in hospital visits, an increase in incidences of hospital acquired illnesses, and an increase in patient awareness. The market for surgical drapes and gowns has been divided into three categories: kind, usage pattern, and end user. Surgical drapes and gowns are divided into two types: surgical drapes and surgical gowns. The surgical drapes sector is predicted to be the market's highest share segment. The surgical drapes and gowns market is divided into disposable surgical drapes and gowns and reusable surgical drapes and gowns based on usage patterns. The surgical drapes and gowns market is divided into hospitals, ambulatory surgery centres, and others based on the end user. Thus, due to demand it is best to invest in this project. Few Indian major players 1. Primewear Hygine (India) Product Ltd. 2. Raaj Medisafe India Ltd. 3. Surgeine Healthcare (India) Pvt. Ltd. 4. Vikram Nuvotech India Pvt. Ltd.
Plant capacity: Medical Gowns: 1,250 Pcs per Day Medical Drapes: 1,250 Pcs per DayPlant & machinery: 209 Lakhs
Working capital: -T.C.I: Cost of Project: 529 Lakhs
Return: 30.00%Break even: 55.00%
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Lucrative Manufacturing Business of Razor Blade for Safety Razor and Disposable Safety Razor

The double-edged safety razor has two open edges and a slant bar that can be used on both sides. The double-edged safety razor's blade is slightly bent to provide a smoother, cleaner shave. With only a single blade and a plastic grip, the disposable razor quickly became a practical tool for innumerable men who loved the idea that they could get a short shave, even safer than using a safety razor. The skin is less irritated while using a safety razor. Because it only has one blade, there aren't many opportunities to cut skin—unless you're particularly clumsy, of course. A safety razor also gives you greater dexterity than a disposable cartridge razor. The safety razor's design allows for minor angle modifications, which improves the quality of the shave. 1. Cost Effective: While purchasing a double edged razor may appear to be costly at first, it is really cost effective in the long run when considering that the only thing you will need to purchase are the blades, which are actually less expensive than cartridge blades. 2. Balance: This razor maintains a steady viewpoint when shaving due to its usage of pivot, this makes it the best because it becomes easier and quicker to use. This is the most appealing element of it. 3. Convenience: While most people prefer to go the modern route, those who have chosen this old method of shaving have found it to be cost-effective and simple to use. Men's grooming industry demand has expanded in recent years as a result of growing male customer awareness of their appearance. Furthermore, because more than half of the population is under the age of 30, the industry has a large local market. Furthermore, a growing urban middle class and enhanced distribution channels in tier II and tier III cities are likely to stimulate the economy. Bath & Shower products, Hair Care, Skin Care, Deodorants, and Shaving goods are the different categories of men's grooming items. In terms of revenue, shaving products now hold the greatest market share in the Indian men's grooming sector. According to NOVONOUS, the Indian shaving products market is predicted to increase at a CAGR of 20% until 2020, while maintaining its market share. Entrepreneurs who invest in this project will be successful. Few Indian major players 1. Everkeen Blade Co. Ltd. 2. Gillette India Ltd. 3. Jindal Stainless Ltd. 4. Laser Shaving Products Pvt. Ltd. 5. Narang Medical Ltd.
Plant capacity: Disposable Safety Razors: 864,000 Units per Day Razor Blade: 172,800 Units per Day Steel Scrap: 500 Units per DayPlant & machinery: 467 Lakhs
Working capital: -T.C.I: Cost of Project: 2285 Lakhs
Return: 34.00%Break even: 43.00%
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Investment Opportunities in Business of 7-Aminocephalosporanic Acid (7-ACA)

7-ACA is a significant nucleus in the synthesis of cephalosporin antibiotics; the nucleus 7 and 3 chemical transformation may be utilised to prepare numerous cephalosporins, including cefazolin sodium, cefotaxime sodium, ceftriaxone sodium, cefoperazone sodium, sodium ceftazidime, and cefuroxime sodium. 7-ACA is a crucial step in the API synthesis that is formed via (bio- chemical) derivatization at positions 3? and 7?. Cephalosporin C can be transformed to 7-ACA by removing the 7-amino adipoyl side chain either chemically or enzymatically. 3-(Acetyloxy-methyl)-7-amino-8-oxo-5-thia-1-azabicyclo (4.2.0) oct-2-ene-2-carboxylic acid [chemically, 3-(Acetyloxy-methyl)-7-amino-8-oxo-5-thia-1-azabicyclo (4.2.0) oct-2-ene-2-carboxylic acid] for the synthesis of cephalosporins and intermediates, is the active nucleus. - Inhibitor of bacterial -lactamase (S. aureus). - Bacterial transpeptidase inhibitor; antibacterial Antibiotics are antibiotics that are used to treat bacterial infections. Infections in the respiratory and urinary systems, as well as the skin and bones, are treated with this antibiotic. Indian pharmaceutical companies now provide virtually all of the country's formulations and over 70% of its bulk drug needs. Between 350 and 400 bulk pharmaceuticals are produced by Indian companies, which create almost 60,000 generic brands in 60 therapeutic areas. India's pharma market is dominated by second and third generation medications that are no longer protected by patents in the developed nations. India has the world's third largest active pharmaceutical ingredients (API) market, worth little under USD 2 billion. About 6.5 percent of APIs are produced by the top five companies. Antibiotics, gastrointestinal, cardiovascular, and respiratory APIs are the most common. As patented blockbuster pharmaceuticals lose their patent protection, the Chemical Pharmaceutical Generic Association (CPA) predicts that India's share of the global API industry will expand by 10.5 percent by 2010. The CPA also forecasts an increase in the local Indian market for APIs, both generic and branded, from USD 755 million in 2005 to USD 1.9 billion in 2010. India's API market is expected to develop at a rate of 10.76 percent each year. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: 7-Aminocephalosporanic Acid 0.5 MT per DayPlant & machinery: 593 Lakhs
Working capital: -T.C.I: Cost of Project: 1937 Lakhs
Return: 28.00%Break even: 45.00%
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Start Production of Disposable Plate and Cups from Waste Rice Husk Powder

Disposable plates and cups have emerged as a superior alternative to plastics all around the world, with Indians among the first to adopt biodegradable items. Plant biomass materials such as bagasse, rice husk, coconut coir, and others are being used to make eco-friendly cutlery, tableware, and packaging products that are expected to become more popular in the future decade. Rice husk is a surprise tough material that can resist a lot of abuse and lasts a long time. Rice husk dinnerware is one of the most durable types of disposable plates and cups, withstanding temperatures of over 100°C without being destroyed. This reusable tableware features a smooth, glossy finish that is made entirely of natural wax obtained from rice husks. Rice husk plates are environmentally friendly, high-performing, and cost-effective items made using premium materials and cutting-edge technology. It's a pleasure to touch and use, and there's no disagreeable taste of single-use wooden tableware in your mouth. Reuse the natural sustainable alternative instead of single-use plastic and bioplastic. Give a gift that has a beneficial impact, take it to work, use it for deli takeout, save single-use surcharges at the refectory, and so on. • Reduces Pollution: Agricultural waste is repurposed into new products rather than being burned, which releases dangerous compounds into the air. • Chemical-free: Agricultural waste tableware is fully environmentally friendly. There are no chemicals or dyes used on these. • Helps to save valuable natural resources by converting agricultural waste into new resources such as oil, metal, wood, and water. Due to compelling environmental concerns, disposable plates and cups have sparked a groundswell of interest among consumers all over the world. To that aim, the greater sustainability of biodegradable utensils over plastics, as well as the significant environmental friendliness of biodegradable materials, are boosting their popularity. Biodegradable dinnerware constructed of plant-based materials, as well as biodegradable bio-plastics, have gotten a lot of interest around the world. Corn, areca leaves, bagasse, and rice husk are the most commonly used materials in eco-friendly tableware. The remains of fast-growing trees have been used over the years. In areas where bamboo is abundant, such as India, demand for disposable plates and cups containing bamboo has grown rapidly. Manufacturers in emerging economies are increasingly using e-commerce channels to offer premium products like tableware made from rice husk. The expansion of the disposable tableware industry has been aided by the increasing penetration of e-commerce in various regions of these emerging economies. Thus, due to demand it is best to invest in this project. Few Indian major players 1. Biopac India Corpn. Ltd. 2. Nippon Paper Foodpac Pvt. Ltd. 3. Yashaswi Ltd.
Plant capacity: Disposable Plates from Waste Rice Husk Powder: 10,000 Pcs per Day Disposable Cups from Waste Rice Husk Powder: 10,000 Pcs per DayPlant & machinery: 38 Lakhs
Working capital: -T.C.I: Cost of Project: 166 Lakhs
Return: 28.00%Break even: 60.00%
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Emerging Business of Ductile Iron Pipe Fittings

Other than a pipe, a casting that allows pipeline variation, direction change, or bore. Flanged-sockets, flanged-spigots, and collars are also included in the fittings category. Pipes and tubes made of iron or steel are utilised in a range of industries. Pipe fittings are a collection of components used to join pipe ends in in-line, multi-port, offset, and mounting arrangements. The cross sections of pipe fittings are usually, but not always, circular in shape to match the pipe section with which they are attached. Pipes can be made of metal or plastic, and pipe fittings differ based on the pipe material. Pipe fittings are used for a variety of applications. They're useful for extending or terminating pipe lines, changing the direction of a pipe, connecting two or more pipes, and changing the pipe Size. • They're made for usage in gas and fluid flow lines in industrial processes, medical, construction, and a variety of other specialised applications. • For severe applications such as extreme high/low temperature resistance, the elbows are made of hefty materials. • The elbows are designed for usage in chemical, petroleum, fluid power, electronic, and pulp and paper facilities on process and control systems, instrumentation, and equipment. PVC pipes are the most often used plastic pipes, although HDPE pipes have recently become more popular as a substitute for PVC pipes. GRP, BWSCC, Hume, stoneware, and various pipes are among the others. In sewerage applications, GRP pipes, RCC pipes, and stoneware pipes are commonly employed. The growing popularity of DI pipes is evident from the increasing share of DI pipes in the market. DI pipes are gradually displacing all other pipes, particularly steel pipes, as their market share grows. Purchases of CI pipes for potable water delivery have nearly ceased, and existing CI pipelines are gradually being replaced with DI pipes. Plastic and cement pipes (AC/RCC/PSC) are also being phased out in urban and semi-urban regions; nevertheless, due to the inexpensive initial investment, they remain in rural water delivery schemes. Entrepreneurs who invest in this project will be successful. Few Indian major players 1. Deccan Mechanical & Chemical Inds. Pvt. Ltd. 2. Disa India Ltd. 3. Ductile Castings Ltd. 4. E S L Steel Ltd. 5. Electrosteel Castings Ltd.
Plant capacity: 12 MT per DayPlant & machinery: 311 Lakhs
Working capital: -T.C.I: Cost of Project: 1135 Lakhs
Return: 34.00%Break even: 55.00%
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Most Growing Business of Silicon Metal

Silicon, along with carbon germanium, tin, and lead, is the fourteenth element in the periodic table and belongs to Group IVA. Pure silicon has the same crystalline structure as diamond and is a dark grey solid. It has similar chemical and physical properties to this substance. Silicon has a melting temperature of 2570 degrees Fahrenheit (1410 degrees Celsius), a boiling point of 4271 degrees Fahrenheit (2355 degrees Celsius), and a density of 2.33 grammes per cubic centimetre. Silicon is the eighth most abundant element in the universe by mass, yet it is extremely rare in the Earth's crust as a pure element. It is found in various forms of silicon dioxide (silica) or silicates in dusts, sands, planetoids, and planets. Silicate minerals make up about 90% of the Earth's crust, making silicon the second most abundant element in the crust (approximately 28 percent by mass) behind oxygen. The majority of silicon is utilised commercially without being separated, and the natural minerals are often processed minimally. Clays, silica sand, and stone are used in industrial construction. Silicates are found in Portland cement, which is used to manufacture mortar and stucco, as well as concrete for walkways, foundations, and roadways. They're also found in white ceramics like porcelain, as well as standard quartz-based soda-lime glass and a variety of other specialised glasses. Although it is difficult to discover pure silicon in nature, it is the second most frequent element in the Earth's crust. China produces significantly more silicon than any other country, including silicon content for ferrosilicon and silicon metal. In 2016, China produced around 4.6 million metric tonnes of silicon, accounting for around two-thirds of world output, which totaled around 7.2 million metric tonnes. Russia, the United States, and Brazil are the other main producers. Silicones are silicon-based polymers that offer an environmentally friendly alternative to hydrocarbon-based products. These polymers are found in a variety of products, including lubricants, greases, and resins, as well as skin and hair care products, antiperspirants, polishes, anti-foam agents, and fabric softeners. • Silicon Chips: The electrical devices we use every day would not function without silicon-based semi-conductor chips. • Optical Glass: Silicon is responsible for today's high-speed communications. Both optical fibre and liquid crystal displays are made with optical glass made from silicon. • Photovoltaics: Silicon is used extensively in the solar industry. Solar panels, which are composed of silicon, use the sun's rays to heat buildings and water, create home and industrial electricity, and operate remote telecommunications, weather, and irrigation systems. The silicon metal market was valued at over 2.9 million tonnes, and it is expected to grow at a CAGR of 4% over the next five years (2021-2026). Silicon metal serves as the foundation for a wide range of products, therefore it plays a significant role in both the industrial and consumer sectors. The use of silicon metal to make aluminium alloys currently accounts for the majority of overall silicon metal production. Aluminum alloys are employed in the manufacture of automotive and aeronautical components. COVID-19 has had an impact on silicon demand and supply all around the world. Due to constraints, there was no consistent material supply, and most silicon metal facilities temporarily halted operations. The price reversal caused by COVID-19, as well as the recent application of preliminary taxes on all silicon metal imports by the Commerce Department, may have a detrimental impact on the market. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players 1. Gravita India Ltd. 2. Kothari Metals Ltd. 3. Oswal Minerals Ltd. 4. Singhania Minerals Pvt. Ltd. 5. Welcome Impex Pvt. Ltd.
Plant capacity: 167 MT per dayPlant & machinery: 2138 Lakhs
Working capital: -T.C.I: Cost of Project: 6900 Lakhs
Return: 28.00%Break even: 60.00%
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Opportunities in Venturing into Surgical Hand Gloves Business

A surgical (surgeon's) glove is composed of natural or synthetic rubber and is used to protect a surgical wound from infection by operating room personnel. Surgical gloves are constructed to higher standards and feature more exact sizing (numbered sizing, often ranging from size 5.5 to size 9). They are unique to each hand. Non-latex surgical gloves have not yet completely replaced latex gloves in surgical procedures, as non-latex gloves lack the fine control and increased sensitivity to touch that latex surgical gloves provide. Non-latex gloves of higher quality (such as nitrile gloves) are also twice as expensive as latex gloves. In cost-constrained situations, such as many hospitals, moving to these alternative materials has been difficult. Medical cleanroom facilities, where the necessity for cleanliness is typically identical to that of a sensitive medical setting, also use powder-free medical gloves. In electronics cleanrooms, similar but specially tested gloves are utilised. Surgical gloves serve as a protective barrier for surgeons and nurses, preventing the transfer of diseases or germs during procedures and when working with surgical tools. The Food and Drug Administration (FDA) in the United States regulates surgical glove standards in a similar way. The FDA, on the other hand, mandates surgical glove makers to achieve greater quality criteria. All surgical gloves are sterilised before being packaged in pairs for single use. Because surgical procedures frequently involve open wound operations, surgical gloves must be sterilised. The following are some of the characteristics of hand gloves: • Chemical Resistance • Barrier Protection • Form, Feel, and Convenience • Superior Stability and Longevity Because of the enormous industrialization and urbanisation that is now taking place in our country, the need for rubber gloves is rapidly expanding. Rubber gloves are worn by workers in the chemical, electrical, and food processing industries. Similarly, the usage of gloves for home tasks such as handling detergents, floor polishes, pesticides, and other chemicals is on the rise, especially in the United States. The medical glove market in India is still developing. While the global market is growing at a two percent compound annual growth rate (CAGR), the Indian market is developing at a seven percent CAGR. With a new hospital or nursing home opening every day in India, demand for medical gloves is projected to rise. Medical tourism is also propelling this product category forward in our country. In India, the market for medical gloves alone is worth Rs 300 crore. As a result of all of this, there is a significant chance of starting a small-scale rubber glove manufacturing business. The surgical glove market in India is developing at a rate of 15% per year. Thus, due to demand it is best to invest in this project. Few Indian major players 1. Accent Industries Ltd. 2. Acknit Industries Ltd. 3. Asian Latex Ltd. 4. Casil Health Products Ltd. 5. Casil Health Products Ltd. 6. J K Ansell Pvt. Ltd.
Plant capacity: 40,000 Pairs per dayPlant & machinery: 239 Lakhs
Working capital: -T.C.I: Cost of Project: 816 Lakhs
Return: 29.00%Break even: 45.00%
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Most Profitable Industry of Disposable Safety Razors

The double-edged safety razor has two open edges and a slant bar that can be used on both sides. The double-edged safety razor's blade is slightly bent to provide a smoother, cleaner shave. With only a single blade and a plastic grip, the disposable razor quickly became a practical tool for innumerable men who loved the idea that they could get a short shave even safer than using a safety razor. The skin is less irritated while using a safety razor. Because it only has one blade, there aren't many opportunities to cut skin—unless you're particularly clumsy, of course. A safety razor also gives you greater dexterity than a disposable cartridge razor. The safety razor's design allows for minor angle modifications, which improves the quality of the shave. The basic design of disposable razors has evolved enough that they now come in blade cartridges, which effectively contain blades, under the notion that the more blades a razor has, the better shave it can deliver. 1. Cost Effective: While purchasing a double edged razor may appear to be costly at first, it is really cost effective in the long run when considering that the only thing you will need to purchase are the blades, which are actually less expensive than cartridge blades. 2. Balance: Because of the pivot, this razor maintains a steady viewpoint while shaving, making it the best because it is easier and faster to use. This is the most appealing element of it. 3. Convenience: While most people prefer to go the modern route, those who have chosen this old method of shaving have found it to be cost-effective and simple to use. 4. Time Management: If you value your time, it's time to ditch those pricey cartridges and embrace a double-edged razor, since research has proved that it is truly quite quick to use. Men's grooming industry demand has expanded in recent years as a result of growing male customer awareness of their appearance. Furthermore, because more than half of the population is under the age of 30, the industry has a large local market. Furthermore, the urban middle class population is growing. Through 2020, the market is predicted to rise due to enhanced distribution channels in tier II and tier III cities. Bath & Shower products, Hair Care, Skin Care, Deodorants, and Shaving goods are the different categories of men's grooming items. In terms of revenue, shaving products now hold the greatest market share in the Indian men's grooming sector. According to NOVONOUS, the Indian shaving products market is predicted to increase at a CAGR of 20% until 2020, while maintaining its market share. Entrepreneurs who invest in this project will be successful. Few Indian major players 1. Everkeen Blade Co. Ltd. 2. Gillette India Ltd. 3. Jindal Stainless Ltd. 4. Laser Shaving Products Pvt. Ltd. 5. Narang Medical Ltd.
Plant capacity: Razor Blade for Safety Razors Pack of 5 pcs each: 57,600 Units per Day Steel Scrap: 500 Units per DayPlant & machinery: 393 Lakhs
Working capital: -T.C.I: Cost of Project: 815 Lakhs
Return: 58.00%Break even: 28.00%
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Manufacturing Business of Medium Density Fiberboard (MDF)

Particle board is commonly confused with fiberboard, although particle board refers to low-density fiberboard. Plywood isn't a fiberboard because it's comprised of thin wood sheets rather than wood fibres or particles. In the furniture industry, fiberboard, particularly medium-density fiberboard (MDF), is widely utilised. A veneer of wood is often put onto fiberboard to give it the look of conventional wood for items that will be seen. In the automotive industry, fiberboard is utilised to make free-form designs including dashboards, rear parcel shelves, and inner door shells. A skin, foil, or fabric, such as cloth, suede, leather, or polyvinyl chloride, is generally used to cover these pieces. Because of their low cost and quick drying properties, urea-formaldehyde (UF) resins are widely utilised in the medium density fiberboard (MDF) sector. However, due of the possibility for formaldehyde emissions, pressures on the usage of UF resins are constantly increasing. Phenol-formaldehyde (PF) resins, on the other hand, are more durable and do not produce formaldehyde after cure. However, the industry has historically avoided employing PF resins due to their higher cost and slower curing rate than UF resins. MDF stands for medium density fiberboard, which is a panel made mostly of lignocellulosic fibres bound together under heat and pressure with a synthetic glue or other suitable bonding technique. The panels are compressed to a specific gravity of 31-50 lb/ft3 and a density of 0.50 to 0.80. MDF is a dry-formed panel product made from lignocellulosic fibres and a synthetic resin or other suitable binder. In a heated pre-compression process, the panels are crushed to a density of 496 to 801 kilogrammes per cubic metre (kg/m3) (31 to 50 pounds per cubic foot [lb/ft3]). A synthetic resin or other suitable organic binder forms the full interfiber link. - Edge Shaping & Machining - Doors, Jambs, and Millwork - Embossing is a type of embossing that is used to - Flooring made of laminate - Finishing & Laminating - Moulding is a type of moulding that is used to create a decorative In India, the INR 13 billion MDF market accounts for only 7% of the total wood-based substrate sector, compared to 80% globally. The domestic MDF market has grown at a 15-20 percent CAGR over the last five years, albeit from a lower base. MDF is a superior option for low-cost unbranded plywood, and demand for it is being fueled by a desire for ready-made modular furniture among the young and aspiring who are looking to improve the aesthetics of their homes. Furthermore, with ready-to-move-in offices and retail stores springing up all across the country, the sector's prospects appear to be better than ever. In India, the MDF industry is anticipated to be worth H35 billion, with a CAGR of 5-8 percent over the last five years. The Central Government's decision to halt the issuance of new plywood manufacturing licences has increased the demand-supply gap. This is a good thing for the MDF business, as it means more people will adopt engineered panel goods. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players 1. Amazon Wood Pvt. Ltd. 2. Aryan Enterprises Pvt. Ltd. 3. Asian Pre-Lam Inds. Pvt. Ltd. 4. Associate Decor Ltd. 5. Bajaj Eco-Tec Products Ltd. 6. Best Board Ltd. 7. Darshan Boardlam Ltd.
Plant capacity: 100 CBM per dayPlant & machinery: 1769 Lakhs
Working capital: -T.C.I: Cost of Project: 2955 Lakhs
Return: 23.00%Break even: 49.00%
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  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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