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

Steel industry: Project Opportunities in Karnataka

 

PROFILE:

Steel Industry is a booming industry in the whole world. The increasing demand for it was mainly generated by the development projects that have been going on along the world, especially the infrastructural works and real estate projects that has been on the boom around the developing countries. India’s economic growth is contingent upon the growth of the Indian steel industry. Consumption of steel is taken to be an indicator of economic development. While steel continues to have a stronghold in traditional sectors such as construction, housing and ground transportation, special steels are increasingly used in engineering industries such as power generation, petrochemicals and fertilisers. India occupies a central position on the global steel map, with the establishment of new state-of-the-art steel mills, acquisition of global scale capacities by players, continuous modernisation and up gradation of older plants, improving energy efficiency and backward integration into global raw material sources.

RESOURCES:

Karnataka is the 3rd largest producer of steel in India with a current production level of 10.70 Million Tons per annum. Both alloy and non-alloy steel are produced and the product range includes basic steels like pig iron and sponge iron, ingot, blooms, billets, slabs, finished products like long products CTD & TMT (bars & rods), wire rod, sections, bright bars, CR/HR coils. The export of steel from Karnataka is around 0.96 Million Tons.

It is one among 6 major steel producing states. Karnataka is the 2nd largest in the country in terms of iron ore reserves and largest exporter of iron ore in the country. Hence, it can share more than 40% of the steel demand in India which is estimated as 124 million tons by 2011-12 and 50% of the exports of finished steel products. Based on this estimate, Karnataka can host a manufacturing steel base for more than 100 million tons capacity per annum.

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. 

 

Food processing: Project Opportunities in Karnataka

 

PROFILE:

India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry in India is witnessing rapid growth. In addition to the demand side, there are changes happening on the supply side with the growth in organised retail, increasing FDI in food processing and introduction of new products. India's food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

 

RESOURCES:

Karnataka is poised to become the leading food processing hub in India. Clearly, the food processing industry is on the threshold of demand-led growth in the country and within the state of Karnataka. It says Karnataka boasts of specific supply strengths, giving the state a comparative advantage to become a leading food processing hub of the country. With 10 agro-climatic zones and land topography highly suitable for agriculture, Karnataka is one of the most agriculturally diverse states in India. It is estimated that about 83 per cent of the geographic area of the state is suitable for agriculture, of which 64.60 per cent is under agricultural cultivation. Consequently, Karnataka is the largest producer of ragi, sunflower, tomato, coffee and arecanut and the second largest producer of maize, safflower, grapes, pomegranate and onion. The state is also the largest producer of spices, aromatic and medicinal plants in the country. In addition, the state has a wealth of livestock and marine resources that augur well for processing of dairy, meat, fish and shrimp. Karnataka, the report points out, also takes pride in having a strong and expanding infrastructure base for setting up food processing facilities in the state.

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.

Textile: Project Opportunities in Karnataka

 

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world

RESOURCES:

In Karnataka, the Textile Industry occupies a unique position in the economy of the state in terms of its contribution to industrial production, employment and exports. The textile sector contributes 0.50% of the GDP of the State. Karnataka under its Textile Policy of 2008-13 has planned to get investment worth Rs 9000 crore. Forty percent of such investments are planned to be directed towards the garment industry. The Karnataka government will establish fashion hubs and assist in market development and brand building. Specific incentives are also provided, like entry tax reimbursement, stamp duty reimbursement, up to 25% waiver on land acquisition charges, subsidy on power and capacity building support.

 

 

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

 

Biotechnology: Project Opportunities in Karnataka

PROFILE:

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness.

RESOURCES:

Karnataka has successfully attracted the BioTech industry. Bengaluru, Karnataka is the capital for Biotech clusters in the country. Bangalore currently houses 92 of India's 180 biotech companies, with total actual investments of over Rs 1,000 crore, of which Rs 140 crore has been venture capital funding. The companies are encouraged to invest thanks to the presence of large R&D institutions like Indian Institute of Science and the National Centre for Biological Resources. However, it is sure to face a lot of competition from media savvy Hyderabad. Bangalore Helix is a biotech cluster being planned by the Karnataka government. Bangalore Helix would support biotech units with common infrastructure. It would comprise eight biotech incubators, covering a total area of 10,000 square feet. Excluding the cost of land (around Rs 60 crore) that has already been acquired, the cluster will involve an investment of Rs 100 crore. The infrastructure support would be comprehensive, right from advance computing facilities to treated water necessary for biotech infrastructure services.

GOVERNMENT POLICIES:

·         The Karnataka government has announced a biotech policy to promote this sector and is setting up an institute for bioinformatics in Banglore.

• In addition the state government is also creating a biotechnology fund that will have inflows from the biotech companies. This could be used for incubation of new projects and promotion of the sector in the state.

• Karnataka government is putting in Rs. 50 million and an equal amount is being brought by ICICI to develop the institute if bioinformatics in Banglore. Karnataka has planned to launch India's first state sponsored biotechnology venture capital fund to boost their initiatives.

·         Three 'biotech parks' are emerging in the state , namely 'university of Agricultural Sciences, Banglore; 'Institute of Agri-biotech in Dharwad ; and Institute of Biotechnology in Karwar.

 

 

 

Automobile: Project Opportunities in Karnataka

 

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units in 2010. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

RESOURCES:

Auto industry is the second fastest growing sector in Karnataka, the automobile and auto component sector has maintained a 15 per cent growth in Karnataka. There is a huge potential of development in the sector of automobiles in Karnataka. The component industry caters to the OEMs (all kinds of automobiles like trucks, cars, SUVs, LCVs, buses, two-wheelers, tractors etc.,) and exports. Termed a priority sector, auto and auto parts hold the key to economic growth of the state.

GOVERNMENT POLICIES:

Government brought out a very innovative Policy "Ultra Mega Policy for Integrated Automobile Projects" that offers a very attractive package of support to automobile projects investing more than Rs.4000 Crores. As a result of this Policy, since May 2006, investments attracted by Tamil Nadu is automobiles & components manufacturing is Rs.21900 Crores, almost 5 times of the Investments attracted during previous 15 years (May 1991-April 2006). The total employment potential in these new projects is: 1.20 lakhs (direct + Indirect). Govt of India is currently implementing a project "National Automotive Testing R&D Infrastructure Project" (NATRIP) in Oragdam near Chennai at a project cost of about Rs.450 Crores. This project aims at facilitating introduction of world-class automotive safety, emission and performance standards in India as also ensure seamless integration of our automotive industry with the global industry.

 

 

Mineral: Project Opportunities in Karnataka

 

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.

 

RESOURCES:

Karnataka is rich in its mineral wealth which is distributed fairly evenly across the state. Karnataka's Geological Survey department started in 1880 is one of the oldest in the country. Rich deposits of asbestos, bauxite, chromite, dolomite, gold, iron ore, kaolin, limestone, magnesite, Manganese, ochre, quartz and silica sand are found in the state. Karnataka is also a major producer of felsite, moulding sand (63%) and fuchsite quartzite (57%) in the country.

Karnataka has two major centers of gold mining in the state at Kolar and Raichur. These mines produce about 3000 kg of gold per annum which accounts for almost 84% of the country's production. Karnataka has very rich deposits of high grade iron and manganese ores to the tune of 1,000 million tonnes. Most of the iron ores are concentrated around the Bellary-Hospet region. Karnataka with a granite rock spread of over 4200 km² is also famous for its Ornamental Granites with different hues.

 

GOVERNMENT POLICIES:

The  role to be played by the Central and State Governments in  regard  to  mineral  development has  been  extensively  dealt in  the  Mines  and Minerals (Development and Regulation)  Act, 1957  and Rules  made under the Act by  the  Central  Government and  the  State  Governments in their  respective  domains.   The provisions  of  the  Act  and the Rules  will  be  reviewed  and  harmonised  with  the basic features of the new  National Mineral  Policy.  In future the core functions of the State in mining will be facilitation and regulation of exploration and mining activities of investors and entrepreneurs, provision of infrastructure and tax collection.  In mining activities, there shall be arms length distance between State agencies (Public Sector Undertakings) that mine and those that regulate.  There shall be transparency and fair play in the reservation of ore bodies to State agencies on such areas where private players are not holding or have not applied for exploration or mining, unless security considerations or specific public interests are involved. Recently, the Union Government after reviewing the current mining sector, mineral development and keeping in view the availability of the valuable finite resource have announced the National Mineral Policy (NMP))- 2010. Research organisations, including the National Mineral Processing Laboratories of the Indian Bureau of Mines should be strengthened for development of processes for beneficiation and mineral and elemental analysis of ores and ore dressing products. There shall be co-operation between and co-ordination among all organisations in public and private sector engaged in this task.

 

Waste management: Project Opportunities in Karnataka

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

As regards municipal waste on an average 40 to 50 % of the total municipal waste is generated in the sic municipal corporation of Karnataka & more than 70 % of municipal waste is generated by the residential & market areas. The domestic waste generated by households comprises mainly of organic, plastic & paper waste & small quantities of the waste. Plastic & glass are segregated at the household level or by rag pickers and sold. The remaining waste is disposed in community bins, discarded ointments and medicine. In addition about 1 to 2% of biomedical waste also gets mixed with municipal solid waste in the community bins.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management - Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Fish Canning in Tins & Pouches

Canned fish are fish which have been processed, sealed in an airtight container such as a sealed tin can, and subjected to heat. Canning is a method of preserving food, and provides a typical shelf life ranging from one to five years. Fish have low acidity, levels at which microbes can flourish. From a public safety point of view, foods with low acidity (pH greater than 4.6) need sterilization under high temperature (116–130°C). To achieve temperatures above the boiling point requires pressurized cooking. An estimated 2.3 percent hike in global fish production combined with good market conditions around the world gave a significant boost to trade revenues in the first nine months of 2017. Aquaculture continues to increase its contribution to the world’s seafood supply, growing at a steady rate of about 4.5 percent to reach a total harvest of 83.6 million tonnes in 2017. Capture fisheries productions remain stable at some 90.4 million tonnes. The global canned seafood market size was estimated at USD 21.50 Billion. Increasing popularity of ready-to-eat seafood products due to improvement in distribution infrastructure is anticipated to drive the industry growth. In addition, factors such as changing life styles coupled with increasing affordability are likely to drive the industry growth over the next eight years. Demand for the product is likely to rise due to increased product consumption owing to health benefits coupled with the adoption of sustainable fish farming techniques adopted by the manufacturers. In addition, advantages offered by this product including extended shelf life, ease in cooking, are anticipated to drive growth.
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Asparagus Cultivation & Processing

Asparagus, or garden asparagus, folk name sparrow grass, scientific name Asparagus officinalis, is a spring vegetable, a flowering perennial plant species in the genus Asparagus. It was once classified in the lily family, like the related Allium species, onions and garlic, but the Liliaceae have been split and the onion-like plants are now in the family Amaryllidaceae and asparagus in the Asparagaceae. Sources differ as to the native range of Asparagus officinalis, but generally include most of Europe and western temperate Asia. It is widely cultivated as a vegetable crop. Asparagus is a vegetable that comes from the Asparagaceae family. There are more than 200 species within that plant family. Some species are grown as ornamental plants and others are used by florists in arrangements and corsages. Asparagus is one of the most nutritionally balanced plant-derived foods. Low in fat, cholesterol, and sodium, asparagus also has vitamin A (also known as retinol because it produces pigments in the retina), E (has strong antioxidant properties, meaning it reduces oxidative damage caused by oxygen, which can harm human tissue, cells, and organs), and K (which helps your blood clot), magnesium, zinc and selenium, as well as fiber, thiamin, riboflavin, niacin, vitamin B6, iron, copper, and manganese. The global asparagus market is rising every year because of the high demand for organic asparagus. Asparagus growers are striving to increase the yield they can obtain and this can largely be attributed to the thriving global asparagus export market. There is a rising demand for organic asparagus in the global asparagus market as well. The number of organic growers in the global asparagus market is rising every year. Asparagus growers are striving to increase the yields.
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Perfumery Chemicals (Synthetic & Natural)

Perfumeis a mixture of fragrant essential oils or aroma compounds, fixatives and solvents, used to give the human body, animals, food, objects, and living-spaces an agreeable scent. It is usually in liquid form and used to give a pleasant scent to a person's body. Ancient texts and archaeological excavations show the use of perfumes in some of the earliest human civilizations. Modern perfumery began in the late 19th century with the commercial synthesis of aroma compounds such as vanillin or coumarin, which allowed for the composition of perfumes with, smells previously unattainable solely from natural aromatics alone. Aroma chemicals, also known as fragrances and odorants are chemical compounds which consist of odor or smell. These compounds are volatile enough to travel through the olfactory system of the nose and cause odor. Unlike flavors which affect smell and taste, fragrances affect only smell. The nature of fragrances tends to be synthetic. Aroma chemicals can be found in food, wine, spices, essential oils, perfumes and fragrance oils. The Global Aroma Chemicals Market is accounted for $4.08 billion in 2016 and expected to grow at a CAGR of 6.8% to reach $6.48 billion by 2023. Factors like change in consumer preferences, healthy and green sustainability package among the consumers and growth in end user markets are boosting the market growth. High R&D cost and compliance with quality and regulatory standards will impede the market growth. Global market for aroma chemicals is expected to grow considerably owing to growing markets in Asia and South America. Growing demand for foods, cosmetics, personal care and household care products is expected to be the major driving factor for the growth of aroma chemicals market.
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Switch Mode Power Supply (SMPS)

A switched-mode power supply (switching-mode power supply, switch-mode power supply, switched power supply, SMPS, or switcher) is an electronic power supply that incorporates a switching regulator to convert electrical power efficiently. Like other power supplies, an SMPS transfers power from a DC or AC source (often mains power) to DC loads, such as a personal computer, while converting voltage and current characteristics. A switch mode power supply is a power converter that utilizes switching devices such as MOSFETs that continuously turn on and off at high frequency; and energy storage devices such as the capacitors and inductors to supply power during the non-conduction state of the switching device. The supplies have higher efficiencies of up to 90%, are small in size and widely used in computers and other sensitive electronic equipment. Power supply circuit plays an essential role in every electrical and electronic circuit to provide the electrical power to the owl circuit or loads like machines, computers, etc. These different loads require different forms of power at various ranges and characteristics. So, the power is converted into the desired form by using different power converters. Basically, different loads work with various types of power supplies like SMPS (switch mode power supply), AC power supply, AC to DC power supply, programmable power supply, high voltage power supply & uninterruptable power supply. Geographically, North America dominated switching power supply market due to higher usage and consumption of battery operated devices requiring switching power supply. North America was followed by Europe and Asia-Pacific as the second and third largest consumer of switching power supply. Asia Pacific is projected to have the fastest growth, owing to rapidly expanding customer base for the battery operated devices, especially in the major regional economies such as India and China in the region The overall power supply market is expected to grow from USD 25.00 billion in 2017 to USD 34.92 billion by 2023, at a CAGR of 6.7% from 2018 to 2023. Power supplies are being used in many verticals such as lighting, telecommunications, consumer electronics, medical & healthcare, industrial, food & beverages, transportation, and military & aerospace.
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LPG Cylinder Regulators (Domestic Purpose)

Gas regulators automatically modulate high pressure gas to a maximum pre-determined limit. LPG (propane) gas regulators reduce the LPG pressure delivered to the gas appliances from the gas bottles. The pressure within a gas bottle can be 800-900kPa vs the 2.75kPa typically required. LPG gas regulators are usually factory pre-set to the standard operating pressure for the appliances. The main purpose of an LPG gas regulator is to reduce gas bottle pressures which can be around 800-900kpa depending on the temperature down to a safe working pressure and have the ability to maintain the accepted pressure. Different regulators are used depending on the location along the gas pipeline; however the main reason is to be able to deliver a safe working pressure for the appliance to run correctly and efficiently. LPG consumption in India is forecast to surpass 35 MMT by FY26. North region dominated India LPG market over the past few years, and is further forecast to continue dominating the market through FY26. Liquefied petroleum gas (LPG) is a flammable mixture of various hydrocarbons, and majorly consists of propane and butane. LPG gas is colorless and odorless; and emits less quantity of CO2 when compared to petrol or diesel. Thus, LPG is extensively used as a cooking fuel, both in commercial and residential setups throughout the country. Application of LPG in the industrial sector is also increasing, owing to growing use of LPG as a feedstock in petrochemical plants in the country. Moreover, rising demand from transport segment and increasing consumption of LPG to produce various chemical components such as propylene, ethylene, butadiene, etc., is further anticipated to boost demand for LPG in the country in the coming years. Furthermore, increasing prices of naptha, rising LPG imports and expanding distribution network are anticipated to fuel consumption of LPG in India during FY17-FY26.
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Herbal Extraction

Herbal extracts are substances extracted from the plant using different solvents—some combination of water, alcohol, chemicals, or other liquid that works to draw out beneficial plant components. Although herbal extracts come in many forms, they have one common feature. Extracts represent naturally occurring phytochemicals (plant produced compounds) that have been removed from the inert structural material of the plant that produced them. The main advantage of using extracts over raw herb is that once extracted from the plant matrix, the phytochemicals bypass the need for digestion and are far more readily absorbable. India herbal extracts market has recorded phenomenal growth over the years with rising awareness among the people about the health benefits of consuming herbal products. Herbal extract market in India increased to INR ~ crore in FY’2017 from INR ~ crore in FY’2012, at a robust CAGR of ~% during the same period. Global herbal extracts market has been growing at a continuous pace because of its various health benefits and increasing awareness about side effects from using chemical based products. Even at the times of recession the demand of herbal products is not much affected as people desire to maintain their health when the treatments are costlier. Herbal extracts are substances which are obtained by crushing, distilling, comminuting, and juicing various herbs. The processes are designed to maximum the potency of a particular herb. The global herbal extracts market is predicted to exhibit a 7.52% CAGR from 2018 to 2023. The herbal plants with several medicinal properties are used to treat a variety of disease conditions. Furthermore, a single plant may contain many chemical constituents such as phenols, glycosides, polysaccharides, alkaloids, resins, and terpenoids which demonstrate therapeutic activities in more than one medical conditions.
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Hydraulic and Pneumatic Items

Hydraulic Hydraulics is a technology and applied science using engineering, chemistry, and other sciences involving the mechanical properties and use of liquids. At a very basic level, hydraulics is the liquid counterpart of pneumatics, which concerns gases. Fluid mechanics provides the theoretical foundation for hydraulics, which focuses on the applied engineering using the properties of fluids. In its fluid power applications, hydraulics is used for the generation, control, and transmission of power by the use of pressurized liquids. On the basis of base oil, the hydraulic fluid market has been segmented into mineral oil, synthetic oil (PAO, PAG, Esters, and Group IV), semi-synthetic oil, and bio-based oil. The mineral oil segment is projected to lead the hydraulic fluid market during the forecast period due to its easy availability and low cost. Hydraulics is a technology involving the mechanical properties, which operates through the force of liquid pressure. In a Hydraulic system, Hydraulic Fluid is used as an energy transfer medium. It is also useful in other applications such as heat transfer, sealing, contamination removal, corrosion resistance, and lubrication. This industry’s future growth path is determined by high demand in oil & gas, automobile, marine¸ aircraft, industrial machinery, construction, and others industries. Global Hydraulic Fluid Market is expected to witness a significant growth of USD 4,317.10 million by 2023, with CAGR of 2.57% during forecasted period. Pneumatics Items Pneumatics is a branch of engineering that makes use of gas or pressurized air. Pneumatic systems used in industry are commonly powered by compressed air or compressed inert gases. A centrally located and electrically powered compressor powers cylinders, air motors, and other pneumatic devices. A pneumatic system controlled through manual or automatic solenoid valves is selected when it provides a lower cost, more flexible, or safer alternative to electric motors and actuators. Pneumatics is the technology of compressed air, but in some circles, it is more fashionable to refer to it as a type of automation control. Pressurized gas—generally air that may be either of the dry or lubricated type—is used to actuate an end effector and do work. End effectors can range from the common cylinder to more application-specific devices such as grippers or air springs. Vacuum systems, also in the pneumatic realm, use vacuum generators and cups to handle delicate operations, such as lifting and moving large sheets of glass or delicate objects such as eggs. The global pneumatic equipment market will grow moderately during the forecast period and post a CAGR of almost 5% by 2020. In addition to their applications in several industries, pneumatic tools are gradually acquiring significant application in food processing and medical applications as well.
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Jute Batching Oil

Jute batching oil (JBO-P), a mineral oil fraction used in the processing of jute fibers. JBO is mainly used as Jute Batching Oil in the jute industry to make the jute fibers pliable. JBO is also used by processors to produce various industrial oils. Jute materials are used in packaging of food material, presence of heavier Oil (which may contain carcinogenic compounds) are not desirable. JBO is also used as Wash Oil by the Steel Plants for recovering aromatic products from the coke oven gas.
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Double Wall Corrugated HDPE Pipes Manufacturing Industry

Double Wall Corrugated HDPE Pipes Manufacturing Industry. Production of DWC Pipe for Drainage and Fiber Electric Cable Network DWC Pipes or Double Wall Corrugated Duct Pipes are the ones, which are manufactured from the HDPE Materials and are designed specially to provide the cost effective solutions to the people. These DWC Pipes are far more superior in terms of technicality and holds several advantages over the other pipes currently in use. The various properties of the DWC pipe make it the best product available in the category. With good corrosion resistance, the longevity of the pipes increases and also the wear and tear decreases. The product is regarded as the safest and chemically inert and is regarded completely safe in regard to environmental damages. Also, featuring a good impact strength, the DWC pipe has features the smooth inner wall and thus any losses due to friction is at minimum. Double wall corrugated pipe or DWC pipe is slowly gaining its popularity for the construction purpose. Most of the companies prefer DWC pipes for the underground drainage system and fiber electric cable network. DWC is a low-cost product with the excellent quality solution. Double Walled Corrugated Hide Pipe category demonstrates high growth prospects among leading plastic pipe resin categories. Double Walled Corrugated Hide Pipe downstream is wide, and the major fields are water supply, oil and gas, sewage systems, agricultural applications, etc. Increasing demand for water supply is expected to drive the demand for the Double Walled Corrugated Hide Pipe market. The future aspects of the DWC Pipe can be judged from the following: • Since, the demand of the underground ducting and piping in on the rise in the country, the future of the economical and sustainable ducting is on the rise. • The future of the Corrugated pipes of this sort is thus bright, which are highly economical, environmentally safe • As of now, the industry is still unorganized, but with the growth of the country and its GDP, the advent of the more organized players in the market, will push the future of the DWC Pipes Duct to the new and higher levels. Uses The use of the double wall corrugated pipe is on the rise. The industries involved in the use of such pipes are now more conscious on how to save bucks with the installation and use of the best products for their various activities. The double wall duct pipe features the corrugated shape and thus offer great strength in the compression resistance. The manufacturing of the double wall duct pipe requires almost the minimum raw material and thus the effect on the environmental aspects is greatly reduced. Market Outlook Global Corrugated Pipe market size will increase to Million US$ by 2025, from Million US$ in 2017, at a CAGR of during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Corrugated Pipe. The Double Walled Corrugated Hide Pipe Market is segmented on the lines of its Product, application and regional. Basis of Product is segmented into Small calibre type and large calibre type. Based on application it covers Architectural Engineering, Industrial field, Agricultural garden project and others. HDPE Pipes Market: The global HDPE pipes market was valued at $17,907 million in 2017 and is projected to reach $26,518 million by 2025, growing at a CAGR of 5% from 2018 to 2025. Owing to the increasing application of HDPE pipes in various end use industries, the market for HDPE pipe is expected to witness substantial growth. The growth in demand from water irrigation systems in agricultural industry is expected to drive the growth of the HDPE pipe market. Rapid urbanization is anticipated to increase the demand for water supply, leading to increase in requirement of HDPE pipes. Furthermore, growth in sewage disposal infrastructure fuels the demand for HDPE pipes. However, volatile raw material prices attributed to fluctuation in prices of crude oil is expected to hamper the market growth. Conversely, innovation and technological advancements in PE pipe provide future growth opportunities to the HDPE pipes market. HDPE pipes market is to witness substantial growth with increasing application for the HDPE pipes in various end use industries. HDPE pipes are polyethylene thermoplastic pipes used to transit gas, water for agriculture irrigation, drinking water supply, in sewage systems and others. HDPE pipes are corrosion resistant and recyclable. Thus, seen as the replacement to various metal pipes. HDPE pipes are cost effective, light in weight and considered as a preferred choice over traditional metal pipes. The growth of global HDPE pipes market is fueled by growing demand from water irrigation systems in agriculture industry coupled with urbanization due to influx of middle class, resulting in upgrading, expansion and huge demand for infrastructural improvements and water supply across the globe. Based on application, the High density polyethylene (HDPE) pipes market can be segmented into chemical/processing, water supply, gas distribution, telecom ducts, drainage & sewerage, and others. HDPE pipes are primarily used to supply drinking water. The non-corrosive nature of these pipes make them suitable for sewerage and sewage disposal. The global High density polyethylene (HDPE) pipes market has been expanding due to the rise in demand for these pipes in water irrigation systems in the agriculture industry and increase in urbanization owing to the growth in demand for infrastructure improvements and water supply across the globe. In terms of geographical distribution, the global HDPE pipes is studies for five major regions namely, North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Tags #Production_of_Double_Wall_Corrugated_Pipes, #DWC_Pipe, #Double_Wall_Corrugated_Pipe_Production, #Production_of_Corrugated_Pipes, DWC (Double Wall Corrugated), Double Wall Corrugated Pipe Plant, Corrugated Pipe Manufacturing Process, #(DWC)_Double_Wall_Corrugated_Pipe, Corrugated Pipe Production, How to Start DWC Pipe Manufacturing Business, Business Ideas of Corrugated Pipes Production, Double Wall Corrugated Pipes Manufacturing Plant, #HDPE_Double_Wall_Corrugated_Pipe, #Single_Wall/Double_Wall_Corrugated_Pipe_Production, Double-Wall Corrugated HDPE Pipe, Manufacturing of Double Wall Corrugated Pipe, Project Report on Double Wall Corrugated Pipes Manufacturing Industry, #Detailed_Project_Report_on_Double_Wall_Corrugated_Pipes_Manufacturing, Project Report on DWC Pipe Manufacturing Business, Pre-Investment Feasibility Study on DWC Pipe Manufacturing Business, Techno-Economic feasibility study on Double Wall Corrugated Pipes Manufacturing, #Feasibility_report_on_Double_Wall_Corrugated_Pipes_Manufacturing, Free Project Profile on DWC Pipe Manufacturing Business, #Project_profile_on_DWC_Pipe_Manufacturing_Business, Download free project profile on Double Wall Corrugated Pipes Manufacturing, Project Report on DWC Double Wall Corrugated Pipes, Corrugated Pipe Manufacturing Industry, DWC (Double Wall Corrugated), Corrugated HDPE Pipe, Production of Corrugated Plastic Pipes, Corrugated Pipe Production Factory, Corrugated HDPE Pipes Project, Plastic Corrugated Pipe Production
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Metal Polish Soap

Metal Polishing Soap can be used for final polishing in all Aluminium and Stainless steel products. Metal polishing compounds are ideal for high quality polishing on stainless steel, aluminium and other non-ferrous metals. However, our metal polishing compounds are extremely effective on carbon, steel, chrome and plastics. There are several different types of metal polish in the huge world of automotive detailing. Apart from the polish for paintwork there is also polish specifically for metal. These are mostly used for chrome bumpers, chrome trims, metal hubcaps, untreated metal wheels, exhausts and even engine parts. Metal polishing cleans, brightens, and restores solid or plated items made of gold, silver, stainless steel, brass, copper, aluminum, nickel, chrome, or other metals and alloys. Achieving a smooth and shiny finish requires tools like fixed, tabletop, or hand-held grinders, polishers and buffers. Solvents, acids, and various abrasive materials are used to degrease, clean, buff, and polish metals. The global metal finishing equipment market is growing, due to increasing need for wear resistant, durable and long lasting metal products, up surging demand from developing countries, and growth of automotive and steel industries. The growth of environment friendly electro less plating and consumers’ shift from traditional solvent borne technologies to newer technologies, are providing ample opportunities for the growth of the global metal finishing equipment market in the coming years. Asia-Pacific dominates the global metal finishing equipment market, due to growing steel and automobile industries in the developing countries of the region.
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Return: 1.00%Break even: N/A
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