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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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Business of PET Recycling & Production of Flakes

Municipal solid waste (MSW) is garbage generated by people in their homes and places of work, and it is managed and controlled by local authorities such as cities and governments. Plastic usage has exploded in the previous two decades, with plastics now playing a vital role in almost every facet of modern life. Plastic recycling is the process of converting discarded plastic into useable material. Bottles and containers made of hard plastic can be recycled, as can films and wrappers made of non-rigid plastic. Plastic recycling is the process of converting discarded plastic into useable material. Bottles and containers made of hard plastic can be recycled, as can films and wrappers made of non-rigid plastic. The plastic recycling market is divided into segments based on the type of resin used, such as PET. PET stands for polyethylene terephthalate, which is the most popular thermoplastic polymer resin in the polyester family and is used in garment fibres, liquid and food containers, and thermoforming for manufacturing. One of the most prevalent forms of plastic is polyethylene terephthalate, or PET (also known as PETE). PET is used to make the majority of single-serve plastic bottles, such as those for water, soft drinks, and juices. PET is used to make plastic fibres, videotape, audiotape, film, engineered resin, and food containers, among other consumer and industrial items. Asia Pacific was the largest regional market in 2020, which accounted for a revenue share of over 45. The regional market is characterized by the easy availability of land along with a low-cost, skilled labor force. PET bottles are becoming a bigger part of the trash and litter problem, especially in developing countries. The global recycled polyethylene terephthalate market was valued at USD 8.56 billion in 2020, and it is predicted to increase at a CAGR of 6.7 percent between 2021 and 2028. Consumer behaviour is shifting toward sustainability, which is driving market growth. Few Indian Major Players 1. Ahimsa Industries Ltd. 2. Bharat Pet Ltd. 3. Dalmia Polypro Inds. Pvt. Ltd. 4. F C L Technologies & Products Ltd. 5. Futura Polymers Ltd. 6. Garden Polymers Pvt. Ltd.
Plant capacity: Recycled PET Flakes 64.0 MT per dayPlant & machinery: 174 Lakhs
Working capital: -T.C.I: Cost of Project: 440 Lakhs
Return: 30.45%Break even: 71.77%
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Production of Artemisinin from Artemisia Annua Plant

Artemisia annua is an annual short-day plant that belongs to the Asteraceae family. It has a brownish or violet coloured stem. The plant itself is hairless and grows to a height of 30 to 100 cm in the wild, while in culture, plants can grow to 200 cm. Artemisinin is a traditional Chinese herbal treatment for malarial fevers that has recently been discovered to have high antimalarial activity against a variety of parasites, including chloroquine-resistant Plasmodium falciparum. Artemisinin is a sesquiterpene lactone derived from sweet wormwood (Artemisia annua), which is used as an antimalarial to treat multidrug-resistant falciparum malaria strains. It's an antimalarial as well as a plant metabolite. It's an organic peroxide and a sesquiterpene lactone. Schizophrenia, Malaria, Falciparum, and Plasmodium Falciparum have all been treated with artemisinin in clinical trials. Schizophrenia, Malaria, Falciparum, and Plasmodium Falciparum have all been treated with artemisinin in clinical trials. The market for Artemisinin Derivatives was estimated at USD 655 million in 2020, and it is predicted to increase at a CAGR of 6.05 percent from 2021 to 2027, reaching roughly USD 1,080 million in 2027. The term "artemisinin derivatives" refers to a class of active medicinal compounds used to treat malaria. Malaria and parasitic worm (helminth) infections are effectively treated with artemisinin and its derivatives. They've been shown to be the most effective and promising medications for killing parasites and interrupting their life cycle. The plant Artemisia annua and sweet wormwood are the most common sources of artemisinin. Traditional Chinese medicine has long utilised Artemisia annua and sweet wormwood.
Plant capacity: Artemisinin (10 ml Size Pack) 3,000.0 Bottles Per DayPlant & machinery: 134 Lakhs
Working capital: -T.C.I: Cost of Project: 574 Lakhs
Return: 31.00%Break even: 70.80%
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Investment Opportunities in Assembling Lithium Ion Battery (Battery Assembly)

Laptop computers, mobile phones, power tools, telecommunication systems, and new generations of electric cars and trucks are all powered by lithium batteries. Lithium metal batteries and lithium ion batteries are two types of lithium batteries. • Lighter Design: Li-ion batteries are lighter than conventional rechargeable batteries when compared to their capacity, and are thus employed in portable consumer electronics gadgets where weight and form factor are key selling aspects. • Low Self-discharge and Longer Shelf Life: When compared to other rechargeable batteries, Li-ion batteries have a lower self-discharge rate of roughly 1.5 percent per month, allowing for a longer shelf life when not in use because it drains slowly. • Quick Charging: When compared to other rechargeable batteries such as lead acid, nickel-metal hydride, and nickel-cadmium, lithium-ion batteries charge faster. Lithium-ion (Li-ion) batteries, also known as secondary batteries, are rechargeable batteries in which lithium ions migrate from the negative electrode (typically carbon) to the positive electrode (nickel, manganese, and cobalt) during discharge and back during charging. (1) Li-ion batteries are commonly found in cameras and calculators. (2) They're in cardiac pacemakers and other implantable medical devices. (3) Telecommunications equipment, instruments, portable radios and televisions, and pagers all use them. (4) They're used in laptop computers, cell phones, and aerospace applications. The global lithium ion battery market is predicted to increase at a compound yearly growth rate of 14.63 percent from USD 40.5 billion in 2020 to USD 91.9 billion in 2026. Electric vehicle demand is expected to grow at a 19.1% compound annual growth rate (CAGR) from 2016 to 2026, with substantial sales volume in developing countries. The United States, China, Japan, India, and other countries have significant growth potential in the battery industry. Few Indian Major Players 1. Anand Batteries Ltd. 2. Bharat Electronics Ltd. 3. Carborundum Universal Ltd. 4. Eon Electric Ltd. 5. Exide Industries Ltd. 6. H B L Power Systems Ltd. 7. Luminous Power Technologies Pvt. Ltd.
Plant capacity: 48 Volt, 60 AH Lithium-Ion Battery Pack: 5.0 Nos per day 48 Volt, 80 AH Lithium-Ion Battery Pack: 5.0 Nos per day 48 Volt, 100 AH Lithium-Ion Battery Pack: 5.0 Nos per day 60 Volt, 20 AH Lithium-Ion Battery Pack: 5.0 Nos per day 60 VoltPlant & machinery: 72 Lakhs
Working capital: -T.C.I: Cost of Project: 293 Lakhs
Return: 29.95%Break even: 70.65%
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Start Producing of Rubber Powder from Waste Tyres

Rubber is a butadiene polymer and one of the most essential chemical compounds utilised in a variety of fields in today's advanced world. Rubber is particularly useful in the tyre industry, as it is utilised in a variety of vehicles. Rubber is required as a raw material for rubber products. Either natural rubber, which is frequently grown on enormous plantations – with all the issues that comes with monoculture – or synthetic rubber, which is made from crude oil. Both processes consume a lot of resources. Waste tyres are a major issue all around the world. A huge number of tyres are used in cars, and tyre replacement is done on a regular basis. Old tyres that can no longer be mended but can be used as a byproduct of the waste tyres. Rubber powder is one of the most common waste tyre recycling byproducts. Rubber powder has a wide range of applications in various industries. Waste tyre recycling method is incredibly cost effective, as it recycles 100% of waste tyres (No churn left after the process). Because no chemical substances are utilised in this procedure, it is environmentally safe. Waste tyres are a cheap and readily available raw material. Produce economically beneficial items from waste tyres that have a high market value and demand. In addition, each tonne of recycled tyres saves 10 tonnes of carbon dioxide (CO2), a major greenhouse gas. Properties 1. It is a fine powder with a mesh size ranging from 5 to 200 meshes. 2. It is water insoluble. 3. It is unaffected by alkali or ordinary acid. 4. Rubber powder bulk density ranges between 0.85 and 0.90. Rubber powder is experiencing a tremendous growth in demand in India. In India, demand for rubber powder has climbed by 5% to 8%. This product has a wide range of applications. There's a distinction to be made between recycling and reclaiming. While recycling refers to any method of reusing leftover rubber, reclaiming entails depolymerization. Vulcanized rubber is ground in either a cryogenic or ambient grinding process during recycling. Ground rubber is heated and chemically treated in reclamation. Few Indian Major Players 1. Arihant International Ltd. 2. Elgi Rubber Products Ltd. 3. Rubber Products Intl. (India) Ltd. 4. Rubber Products Ltd. 5. Tinna Rubber & Infrastructure Ltd. 6. Tyre Corpn. Of India Ltd.
Plant capacity: Rubber Powder 5.0 MT per day By Product Steel Wire 1.4 MT per dayPlant & machinery: 46 Lakhs
Working capital: -T.C.I: Cost of Project: 191 Lakhs
Return: 26.98%Break even: 61.44%
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Set up an Plant Activated Charcoal from Bamboo

Activated charcoal is a type of charcoal that is not graphite and is micro crystalline in nature. It's widely employed in a variety of sectors as an excellent odour or colour adsorbent. There are two types of activated charcoal adsorbents: gas phase and liquid phase. The liquid phase activated charcoal is usually in the form of powder or granules, whereas the gas phase adsorbent is usually hard granules like dust-free pellets. Activated charcoal, also known as active charcoal, is amorphous carbon that has a higher adsorption capacity than wood or animal charcoal. Bamboo charcoal is made from fragments of a bamboo plant that have been harvested after five years or more of growth. Bamboo Charcoal goes through the same Pyrolysis process to become "activated." Raw Bamboo Charcoal and Bamboo Briquette Charcoal are two types of bamboo charcoal. Carbonisation and activation can be used to turn bamboo into charcoal and activated charcoal. The carbonisation process increases carbon content and creates an initial porosity, whereas the activation process improves pore structure. Carbonisation occurs at temperatures between 300 and 400 degrees Celsius. (1) Changing the colour and flavour of food materials including agar agar, beer, cider, wines, whisky, vinegar, fruit juices, gelatin, pectin, and cocoa butter. (2) Color, smell, grease, and colloids are removed from dry cleaning fluids like naptha, gasoline, carbon tetrachloride, and so on. (3) Dephenolizing the liquor from the effluent gas works. (4) Oil and grease removal from boiler feed water as well as electroplating solutions. (5) Iodine and bromine recovery from seawater and brines. The global activated carbon market is expected to grow at a CAGR of 9.4% to reach USD 8.12 billion by 2021, while the whole market is expected to grow at a CAGR of 8.4% to reach 3,857.9 KT by 2021, headed by powdered activated carbon. The increasing usage of activated carbon in industrial applications has resulted in a growth in its share in gaseous phase applications, which is projected to boost the Asia-Pacific activated carbon market. Furthermore, the expanding usage of activated carbon for soil remediation and pharmaceutical applications has seen rapid growth in the last five years, and is projected to continue to drive the activated carbon market forward. However, raw material shortage, particularly in the Asia-Pacific region, is a major constraint to the global expansion of the activated carbon market. Few Indian Major Players 1. Aksharchem (India) Ltd. 2. Bamboo Technology Park. 3. Core Carbons Pvt. Ltd. 4. Genuine Shell Carb Pvt. Ltd. 5. Gulbrandsen Catalysts Pvt. Ltd. 6. Indo German Carbons Ltd. 7. Jacobi Carbons India Pvt. Ltd.
Plant capacity: Activated Charcoal Powder 4.0 MT per dayPlant & machinery: 185 Lakhs
Working capital: -T.C.I: Cost of Project: 787 Lakhs
Return: 27.32%Break even: 54.89%
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Profitable Business of Bromelain Enzyme from Pineapple Stems

Bromelain enzyme refers to a group of enzymes, primarily proteolytic enzymes, derived from the pineapple plant's ripe and unripe fruit, as well as the stem and leaves. Bromelain that is sold commercially is usually stem bromelain. Bromelain is mostly made up of cysteine proteases, with traces of acid phosphatase, peroxidase, amylase, and cellulase thrown in for good measure. There are at least four different types of bromelain. Bromelain is one of the most important protease enzymes found in pineapples (Ananas comosus). Pineapples can be eaten or served raw, cooked, juiced, or preserved. This fruit is perishable and only available during certain seasons. Bromelain is plentiful in pineapple stems and fruits, and it may also be separated in small amounts from pineapple debris such as cores, leaves, and peels. Other proteinases found in pineapple plants, such as ananain and comosain, are present in trace amounts, but bromelain is the most well-known and studied. Its amazing use as a phytomedical ingredient is one of the reasons for its high value. 1. Bromelain softens dough by hydrolyzing gluten when added to it during baking. It also improves biscuit and bread quality and taste. 2. In the dairy sector, bromelain is utilised to prevent casein condensation during the cheese-making process. 3. Bromelain is used to tenderise meat in the meat business. 4. Bromelain is utilised in cosmetics because of its skin regeneration and whitening properties. The global bromelain market was worth USD 37.6 million in 2019 and is predicted to increase at a CAGR of 7.2 percent between 2020 and 2027. Because of increased R&D activities to improve the product's applications in the treatment of cancer, HIV/AIDS, and inflammatory diseases such as asthma, coeliac disease, hepatitis, glomerulonephritis, and autoimmune diseases, bromelain's use in the healthcare sector is expected to grow significantly during the forecast period.
Plant capacity: Bromelain Enzyme 3.0 MT per dayPlant & machinery: 92 Lakhs
Working capital: -T.C.I: Cost of Project: 285 Lakhs
Return: 33.25%Break even: 82.73%
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Extraction of Cashew Nut Shell Oil and Cardanol

The Portuguese introduced cashew (Botanical name AnacardiumOccidentale) to India four centuries ago, mostly to reduce soil erosion. The second most popular tree nut in international commerce circles is the cashew, which is followed by the almond. Cardanol is a phenol derived from anacardic acid, which is the major component of cashew nutshell liquid (CNSL), a byproduct of the cashew nut manufacturing process. Cardanol is utilised in resins, coatings, frictional materials, and surfactants used as pigment dispersants in water-based inks in the chemical industry. Cardanol is obtained by distilling CNSL under decreased pressure. The residue will be high in cardanol, which is commonly known as residol and can be utilised to make friction dust for brake linings as well as rubber compounding formulations. The liquid from cashew nuts is used in a variety of polymer-based industries, including paints and varnishes, resins, industrial and ornamental laminates, brake linings, and rubber compounding resins. The cashew apple and its juice have a wide range of medical applications. It is an excellent purgative and an useful cure for survey, cough, and cold. Cashew nut wood is used for fuel and charcoal production. Corrugated and rigid board boxes are made from its wood pulp. The outside skin of the cashew nut is soft and feathery, whereas the inner layer is thin and firm. The honeycomb structure between these skins contains the phenolic compound known as Cashew Nut Shell Liquid, abbreviated as CNSL. The kernel, shell, and testa of the cashew nut are made up of 20 to 25 percent kernel, 60-70 percent cashew nut shell, and 2-5 percent testa on average. The shells can be burned to generate heat for the decorticating processes, and cashew nut shell liquid (CNSL) is an important industry raw material for resin synthesis. Cashew Nut Shell Liquid (CNSL), the liquid contained within the shell casing of the cashew, has a number of industrial applications. Few Indian Major Players 1. Golden Cashew Products Pvt. Ltd. 2. Kerala State Cashew Devp. Corpn. Ltd. 3. Padmavathi Cashews & Coffee Ltd. 4. Pratap Cashew Co. Ltd.
Plant capacity: Cashew Nut Shell Oil 11.0 MT per day Cardanol 5.5 MT per day De-Oiled Cashew Nut Shell Cake (bye Product) 78.0 MT per dayPlant & machinery: 323 Lakhs
Working capital: -T.C.I: Cost of Project: 752 Lakhs
Return: 26.72%Break even: 52.53%
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Lucrative Industry of HDPE Jumbo Bags (Flexible Intermediate Bulk Containers)

Jumbo bags are large bags that are used to pack bulk items of various types. These large bags come in a variety of specifications and grades to meet the needs of our customers and their packaging. The jumbo textiles are constructed of polypropylene materials that are extremely resilient and flexible, making them ideal for a variety of packaging applications. Jumbo bags are large bags that are used to pack bulk items of various types. These large bags are produced in a variety of specifications and grades to meet the needs of our customers and their packaging. Jumbo bags are large bags that are used to pack bulk items of various types. These large bags are produced in a variety of specifications and grades to meet the needs of our customers and their packaging. The jumbo textiles are constructed of polypropylene materials that are extremely resilient and flexible, making them ideal for a variety of packaging applications. • Cost-effective • Very sturdy and flexible • Easy to lift thanks to inbuilt lifting loops • A wide range of sizes are available. • A wide range of filling, discharging, and lifting options • FIBCs are lightweight and portable. These bags may be transported in a very straightforward and simple manner thanks to the large range of Lifting Options offered. • FIBCs are available in a variety of sizes and specifications, and are known for their long life and durability. • FIBCs are the most convenient and cost-effective means to carry and transfer bulk goods for export. By 2023, the global bulk bags market is estimated to be worth USD 4956.7 million, increasing at a 6.80 percent compound annual growth rate (CAGR). To replace wood and cardboard, the market demands reusable, recyclable, and contamination-free packaging solutions. Bulk bag producers are encouraged to create innovative solutions in part by the requirement to prevent damage and contamination to FIBC loads, which customers have expressed as a critical necessity. Few Indian Major Players 1. Ashoka Poly Laminators Ltd. 2. Bardanwala Plastics Pvt. Ltd. 3. Commercial Syn Bags Ltd. 4. Eclat Industries Ltd. 5. Hanson Agro Ltd. 6. Indra Industries Ltd. 7. Jagannath Polymers Pvt. Ltd.
Plant capacity: HDPE Jumbo Bags (FIBCS) 6,666.7 Nos Per DayPlant & machinery: 3465 Lakhs
Working capital: -T.C.I: Cost of Project: 38 Lakhs
Return: 26.27%Break even: 36.20%
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Profitable Business of Xanthan Gum (Food and Oil Drilling Grade)

Xanthan gum is a popular food additive that is used as a thickening or stabiliser in a variety of dishes. When sugar is fermented by a bacteria called Xanthomonascampestris, it produces xanthomonascampestris. When sugar is fermented, a soup or goo-like fluid is produced, which is solidified by adding alcohol. After that, it's dried and ground into a powder. Xanthan gum is a chemical that is utilised in the production of a variety of foods and pharmaceuticals. In these goods, it has various effects. It can thicken things up, keep textures consistent, and keep items in place. Xanthan gum is a polysaccharide that has a variety of industrial applications, including as a food additive. It works as a thickener and stabiliser to keep the ingredients from separating. It's made from several simple sugars through a fermentation process, and it gets its name from the bacteria strain used, Xanthomonascampestris. Xanthan gum thickens commercial egg substitutes derived from egg whites, which are used to replace the fat and emulsifiers contained in egg yolks. Because it does not modify the colour or flavour of foods or beverages at common use levels, it is also a favoured technique of thickening liquids for persons with swallowing problems. It's a widely utilised gum in the food sector for industrial purposes. Its thickening and binding properties make it an excellent food addition for bakery and dairy products. Xanthan gum is a chemical that is utilised in the production of a variety of foods and pharmaceuticals. In these goods, it has various effects. It can thicken things up, keep textures consistent, and keep items in place. The xanthan gum market was valued at over USD 960 million in 2019 and is expected to increase at a CAGR of over 6% between 2020 and 2026. Increasing gluten sensitivity prevalence and quick penetration of healthy snacks in the food and beverage business are expected to enhance product demand. Increased competition in the food and beverage sector, as well as a rapid transition to gluten-free snacks, are expected to boost product demand. Furthermore, shifting consumer ideas of health and nutrition, as well as a growing demand for easily digested solutions, may boost xanthan gum demand.
Plant capacity: Xanthan Gum Food Grade 720.0 Kg. Per Day Xanthan Gum Oil Drilling Grade 340.0 Kg. Per DayPlant & machinery: 120 Lakhs
Working capital: -T.C.I: Cost of Project: 555 Lakhs
Return: 25.27%Break even: 61.77%
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Setup a Plant of Disposable Plastic Syringes with Needles

Disposable Syringes are plastic syringes that are used in the fields of medicine and veterinary medicine. Disposable syringes are rapidly replacing the age-old glass syringes due to their availability in sterilised, ready-to-use, and cost-effective state. The ever-increasing use of this type of syringe demonstrates its importance, which is based primarily on the financial and hygienic benefits it provides. Plastic syringe manufacturing has progressed to the point that the goods now meet the specifications and standards set by hospitals and physicians. At the same time, they provide the finest possible application technique for the physician and the highest level of patient safety. Doctors, as well as research and development staff, utilise disposable syringes to inject drugs intravenously or intramuscularly for the treatment of disorders. Disposable syringes are a type of plastic syringe that is used in the medical and veterinary fields. Disposable syringes are rapidly replacing the age-old glass syringes due to their availability in sterilised, ready-to-use, and cost-effective state. Because of their convenience and inexpensive cost, research laboratories frequently employ medical-grade disposable hypodermic syringes. Another purpose for the needle tip is to add liquids to very small areas, such as when cleaning scientific equipment. When great precision is not required, they are frequently employed for measuring and transporting liquids and reagents. Microliter syringes, which use a small diameter capillary as the syringe barrel, can be used to measure and deliver compounds very precisely. The market for disposable syringes was valued at USD 7.29 billion in 2018 and is predicted to grow at a CAGR of 6.19 percent to USD 11.08 billion by 2025. The Global Disposable Syringes Market is predicted to be driven by the rising incidence of various chronic diseases that need the use of disposable syringes in their treatment. Furthermore, various government organisations subsidise companies that manufacture disposable syringes for the treatment of chronic diseases like diabetes, which account for the majority of the worldwide illness burden.
Plant capacity: Disposable Plastic Syringes with Needles 1 ml Size each Packed in Polypack: 50,000.0 Nos. per day Disposable Plastic Syringes with Needles 3 ml Size each Packed in Polypack: 50,000.0 Nos. per dayPlant & machinery: 524 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 30.78%Break even: 35.60%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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