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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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Optical Fiber Cables

An optical fiber (or fiber) is a glass or plastic fiber that carries light along its length. Fiber optics is the overlap of applied science and engineering concerned with the design and application of optical fibers. Optical fibers are widely used in fiber-optic communications, which permits transmission over longer distances and at higher bandwidths (data rates) than other forms of communications. Fibers are also used for illumination, and are wrapped in bundles so they can be used to carry images, thus allowing viewing in tight spaces. Specially designed fibers are used for a variety of other applications, including sensors and fiber lasers. India optical fiber cables (OFC) market is projected to grow at a CAGR of 17% through 2023. Growth in the market is majorly expected to be backed by rising investments in OFC network infrastructure by the Indian government to increase internet penetration across the country, which is in line with the government’s initiatives such as Smart Cities Vision and Digital India. The demand for optical fibre is bound to expand further in the near future as it enjoys a number of advantages, such as higher bandwidth, ability to transmit voice, video, graphic and written information and applications in cable television services. Few Indian major players are as under: • Aksh Optifibre Ltd. • Aksh Technologies Ltd. • Apar Industries Ltd. • Birla Cable Ltd. • H T L Ltd. • Himalaya Communications Ltd. • Optic Fibre Goa Ltd.
Plant capacity: 1,000,000 Kmeters per AnnumPlant & machinery: 1412 Lakh
Working capital: -T.C.I: Cost of Project:8342 Lakh
Return: 32.00%Break even: 43.00%
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Pharmacy College (B-PHARMA & D-PHARMA)

Pharmacy involves preparing, mixing, dispensing or compounding drugs, pills, tablets, ointments or injections. It is related to production of pharmaceutical products and development of quality control processes. Pharmacists are health professionals who give prescribed drugs and medicines to individuals. There is need of Pharmaceutical College in India for the development of country and give the better opportunity to the general merit. Bachelor of Pharmacy or B.Pharm is a 4-year undergraduate program which is compulsory for anyone who wants to practice as a pharmacist. B. Pharmacy is the study of preparing and conferring drugs and medicines for a number of illnesses and deficiencies. Diploma in Pharmacy or D.Pharma. is a 2-year full-time diploma course divided into 4 semesters. The Vision 2020 is focused on promoting the highest professional ethical standards of pharmacy, focusing the image of pharmacists and competent healthcare professionals, sensitizing the community, government and others on vital professional issues and supporting pharmaceutical education and sciences in all aspects. The number of Pharmacy colleges offering degree courses in West Bengal is increasing rapidly to cope with the growing demand for technically skilled peopledue to rapid industrialization and infrastructure development in the country.
Plant capacity: No. of Students in B-Pharma:240 Nos No. of Students in D-Pharma:120 Nos Plant & machinery: 46 Lakh
Working capital: -T.C.I: Cost of Project:223 Lakh
Return: 16.00%Break even: 64.00%
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Calcium Propionate

Calcium propionate is the calcium salt of propionic acid. Another commonly used name for calcium propionate is calcium propanoate. Propionic acid is a natural acid present in small quantities in many foods. In fermented foods however, propionic acid can be present in high concentrations because it is produced by fermentation bacteria. Also the bacteria in the large intestine produce propionic acid. The calcium propionate market was valued at USD 262.4 million in 2017, it is projected to grow at a CAGR of 5.6% from 2018 was valuedat USD 277.1 million in 2018, to reach USD 363.3 million by 2023. The base year considered for the study is 2017 and the forecast period is from 2018 to 2023. The North American region accounted for the major market share for calcium propionate between 2018 and 2023. This region is one of the largest consumers and exporters of calcium propionate due to the wide and matured bakery market and high bread consumption. Few Indian major players are as under: • Aksharchem (India) Ltd. • Asha Ram & Sons Pvt. Ltd. • Deep Pharm-Chem Pvt. Ltd. • Fine Organic Inds. Ltd. • New Alliance Dye Chem Pvt. Ltd. • Titan Bio-Tech Ltd. • Vindhya Organics Pvt. Ltd.
Plant capacity: 10 MT Per DayPlant & machinery: 323 Lakh
Working capital: -T.C.I: Cost of Project:1036 Lakh
Return: 26.00%Break even: 49.00%
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Silica from Rice Husk Ash

Rice milling generates a byproduct known as husk. This surrounds the paddy grain. During milling of paddy about 78% of weight is received as rice, broken rice and bran. Rest 22% of the weight of paddy is received as husk. India is a major rice producing country and the husk generated during milling is mostly used as a fuel in the boilers for processing paddy, producing energy through direct combustion and/or by gasification. This RHA is a great environment threat causing damage to the land and the surrounding area in which it is dumped. The India silica market size was valued at USD 46.8 million in 2017. It is likely to post a CAGR of 6.5% during the forecast period. Strong product demand in the food industry, owing to its anti-caking and super absorption properties, has helped the market gain momentum over the past few years. Silica is used extensively in coatings, wherein the product acts as anti-settling, matting, thickening, and thixotropic agent. Few Indian major players are as under: • 20 Microns Ltd. • Bharucha Stone & Sand Works Pvt. Ltd. • Cabot Sanmar Ltd. • Chettinad Morimura Semiconductor Material Pvt. Ltd. • Insilco Ltd. • Integrated Glass Materials Ltd.
Plant capacity: Silica: 1,500 MT per annum Activated Carbon (by product):420 MT per annum Sodium Carbonate (by product):630 MT per annumPlant & machinery: 489 Lakh
Working capital: -T.C.I: Cost of Project:920 Lakh
Return: 25.00%Break even: 52.00%
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Prestressed Concrete Sleepers

Concrete sleepers are one of the most important applications of a railway track system. The impact load characteristics and ultimate load carrying capacity of a prestressed sleeper, but the fatigue life of prestressed concrete sleepers is limited. The railway sleeper is a vital railway component that lies between the rail and the ballast. The important functions of sleepers include the following: uniform transfer and distribution of loads from the rail foot to ballast bed, provision of an anchorage for the fastening system, and the restraining of lateral, longitudinal, and vertical movement of the rails. The Indian Railways is among the world’s largest rail networks. The Indian Railways network is spread over 115,000 km, with 12,617 passenger trains and 7,421 freight trains each day from 7,172 stations plying 23 million travelers and 3 million tones (MT) of freight daily. During FY 2016-17, the passenger traffic of Indian Railways grew 0.8 per cent to 8,219.38 million, with passenger revenue growth of 4.6 per cent at Rs 47,449.75 crore (US$ 7.37 billion). Few Indian major players are as under: • Alpine Housing Devp. Corpn. Ltd. • Bemco Sleepers Ltd. • Calcutta Springs Ltd. • Concrete Techno Project Ltd. • Concrete Udyog Ltd. • Daya Concretes Pvt. Ltd.
Plant capacity: 500 Pcs. per dayPlant & machinery: 1472 Lakh
Working capital: -T.C.I: Cost of Project:2245 Lakh
Return: 23.00%Break even: 41.00%
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Fresh Water Fish Processing

India has long coastal line of 8118 km and the total fish production is about 90 lakh tons. West Bengal is the largest fish producing state and accounts for about 17 per cent of the total fish production India. Fish production in India might also cross 13 million tonnes mark by 2017-18, it is aimed to increase it to 15.00 MMT by 2020. Fish is one of the protein foods that needs careful handling. This is because fish spoils easily after capture due to the high tropical temperature which accelerates the activities of bacteria, enzymes and chemical oxidation of fat in the fish. The fish industry utilizes only one percent of the total cold storage capacity available in the country today. Further, while three-fourths of fish harvested in India is marketed in fresh form, there is a strong need for the cold chain industry to come up with innovative & cost effective transportation and storage facilities to ensure supply of superior product to the consumer. India, contributing 5.7 percent to total global fish production, ranks second in overall fish production and is also the second largest producer of fresh water fish in the world. Few Indian major players are as under: • Amison Fisheries Ltd. • Andaman Fisheries Ltd. • Apex Frozen Foods Ltd. • Bay Liners Ltd. • Chowhan Exports Ltd. • Fishing Falcons Ltd.
Plant capacity: Processed IMC Fish:180 MT per Annum Processed Telapia Fish:180 MT per Annum Processed Pangasius Fish:180 MT per AnnumPlant & machinery: 83 Lakh
Working capital: -T.C.I: Cost of Project:323 Lakh
Return: 28.00%Break even: 64.00%
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Natural Bamboo Fiber

The natural bamboo fibers are ranked at the fifth place of the developed natural fibers after the cotton, the wool, the silk, and the linen. Bamboos are the member of a group of woody perennials evergreen to deciduous plants of the true grass family Poaceae, which is a subfamily of Bambusoideae, from the tribe Bambuseae. The total population of bamboos in the world is represented by 80-90 genera and about 1,000-1,500 species. Plant fibers have always been contributing explicitly to the economic prosperity and sustainability as they have application in almost every item used in our daily routine. Fabrics and textiles play a vital role in meeting our basic clothing needs. Evidently, the textiles and fashion industry has emerged as a dominant sector in Indian industry. Fabrics are closely associated with every aspect of our lives right from birth till death. A wide variety of natural fibers are used in traditional handloom/textiles. Over the last few years, with the “go green” and “organic” consciousness taking over in India, we have a many eco-conscious fashion brands committed to being 100% organic and using natural fibers.
Plant capacity: 10 MT per dayPlant & machinery: 74 Lakh
Working capital: -T.C.I: Cost of Project:1289 Lakh
Return: 29.00%Break even: 33.00%
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Fruits & Vegetables Powder Manufacturing Business

Fruits & Vegetables Powder Manufacturing Business. Production of Tomato, Onion, Mango, Pomegranate and Papaya Powder. Fruits & Vegetables Processing Industry Fruit Powder Fruit powder is dried fruit that's been finely ground. Fruit powder can be used in place of artificial flavoring to flavor just about anything. However, fruit powder truly shines in desserts where the moisture balance is very important. • Mango fruit powder • Pomegranate fruit powder • Papaya fruit powder Mango Fruit Powder Mango powder is ground from tart, unripe mangos which are sliced and sun-dried before grinding. Also known as amchur or anchor powder, mangoes are native to Southwest Asia. Most of us are familiar with mango’s delicious sweetness. This powder is actually the opposite; it’s a little bitter and quite sour. Mango powder is not actually a “spice” but it can be used as one to add sourness in the same way tamarind, lemon or lime juice does. This powder is most associated with Northern Indian cooking as it is used in their vegetarian dishes, curries, chutneys, pastries, soups and marinades. Pomegranate Fruit Powder Pomegranate fruit is berry like with a leathery rind (husk or peel) enclosing many seeds surrounded by juicy arils. Pomegranate seed oil (PSO) contains an exceptional conjugated fatty acid called pumices acid (trienoic acid) that makes up approximately 65% to 80% of the oil from pomegranate seeds. Papaya Fruit Powder Papayas contain an enzyme called papain that aids digestion; in fact, it can be used as a meat tenderizer. Papaya is also high in fiber and water content, both of which help to prevent constipation and promote regularity and a healthy digestive tract Vegetable Powders Vegetable powders can be used singly or combined with fruit powders to form a powerful blend of nutritional benefits, including fiber, vitamins and phytonutrients in nutraceuticals supplements. Vegetable powders also contain carotenoids that can neutralize free radicals, to help prevent cell damage. • Tomato • Onion Tomato Powder Tomato powder is the perfect supplement to spruce up any dish in need of that classic tomato flavor. It's delicious with eggs, soups, or sauces, and even blended in smoothies. Tomato powder is made from dehydrated tomatoes and delivers a rich source of lycopene, vitamin C, and many other protective nutrients. Onion Powder Onion powder is dehydrated, ground onion that is commonly used as a seasoning. It is a common ingredient in seasoned salt and spice mixes, such as beau monde seasoning. Some varieties are prepared using toasted onion. White, yellow and red onions may be used. Onion powder is a commercially prepared food product that has several culinary uses. Onion powder can also be homemade. Market Outlook Tomato Powder The global Tomato Powder Market is expected to garner a revenue of 1100 million by 2024 with 3.5% during the forecast period of 2019–2024. Tomato processed into dried powder for use in different food & beverage applications, as an ingredient, is referred to as tomato powder. Surging demand for natural ingredients in food products and beverages is amongst the vital determinants driving the market growth of tomato powder. Additionally, the growth of the application markets such as bakery & confectionery, infant nutrition, beverages, and convenience food products is also catalyzing market growth. Dried tomato powder offers an extended shelf life as compared to fresh tomatoes; thus, tomato powder is gaining demand as a suitable replacement for fresh tomatoes. However, fluctuations in the supply of fresh tomatoes as raw material due to post-harvest losses and frequently changing weather are creating hurdles in the growth of the tomato powder industry. The market players are expected to witness profitable opportunities during the upcoming years due to the hike in the demand for organic food ingredients and launch of new flavored food products and beverages. Segmentation of Tomato The global tomato powder market has been segmented based on process, category, application, and region. By process, the global market has been classified as hot break and cold break. The global market has also been segregated, on the basis of category, into organic and conventional. Based on application, the market is segregated into, bakery & confectionery, dairy & frozen desserts, beverages, infant nutrition, sweet & savory snacks, curries, gravies & soups, and others. The global market has been studied with regard to four key regions—North America, Europe, Asia-Pacific, and the rest of the world. The North American tomato powder market has further been segmented into the US, Canada, and Mexico. The European tomato powder market has been classified as the UK, Germany, France, Italy, Spain, and the rest of Europe. The tomato powder market in Asia-Pacific has been divided into China, India, Japan, Australia and New Zealand, and the rest of Asia-Pacific. The tomato powder market in the rest of the world has been segmented into South America, the Middle East, and Africa. Onion Powder Market: Market Dynamics Key drivers behind the increasing demand for onion powder in the global market are due to its taste, flavor and unique blend of onion in food products. Increasing demand for frozen and canned food products in developing countries is increasing the demand for onion powder products in the global market owing to increase in the cost of living, higher per-capita food expenditure and others are key factors driving the growth of onion powder in the market. Rise in demand for processed and semi-processed food in the global food industry is growing and demand for specialized products such as ready-to-eat foods, frozen food products is especially increasing among teenagers and young population. Growing demand of products such as frozen pizzas, salad dressings, sauces, and in other fast food and ready to food products is expected to increase the demand for onion powder in the global food industry. Onion Powder Market: Market Segmentation Onion powder market is segmented on two different basis which includes by type, by nature, and by end-use. On the basis of market segment by type, onion powder segment is segmented into red onion powder and white onion powder and by nature, onion powder is segmented into organic onion powder and conventional onion powder. Awareness among consumers about organic certified food products is increasing owing to increasing demand for organic food products in the global market. Moreover, consumer perceives organic certification as a guarantee of authenticity of the product and its nutrients and owing to this the demand for organic onion powder is expected to increase higher rate in compare to conventional onion powder. Further, onion powder is segmented on the basis of end-use, this segment includes ready to eat food, frozen and canned food, pizzas and burgers, salad dressings, soups and sauces, food service industry, household, and others. The demand for onion powder is also robustly growing in food service industry and fast food manufacturers as it has wide application in food preparation, culinary food and also to give unique taste and flavor in food products. On the other side, onion powder also gaining its demand in the global level market as a flavoring and filling ingredient as it has wide application in ready to eat meals, meat based products, and especially among the frozen food. Fruits and Vegetable Powder Market With the shift in preferences of health-conscious customers, manufacturers in the food industry are focusing on utilizing health benefiting food products. To offer healthy food products, food manufacturers are converting raw fruits and vegetables into the powdered form. In order to develop innovative food products with different flavors, food industries and food retail outlets are utilizing fruits and vegetable powder as an important ingredient. Fruits and vegetable powder is considered to be is an excellent way of providing off seasonal fruits’ and vegetables’ flavor in food items. In the global fruits and vegetable market, the demand for fruits and vegetable powder will majorly come from the Asia Pacific and North America. The Asia Pacific is the world’s largest producer of fruits and vegetable powder. Growing Demand for Fruits and Vegetable Powder from Food and Beverages Industries:- In the global market, the demand for fruits and vegetable powder is increasing due to the increasing vegan population throughout the globe. Fruits and vegetable powder is easy to store and also increases the shelf life of products. That apart, this powder can also be served in the offseason. Within the food and beverage industry, the fruits and vegetable powder is added to add taste and flavor to drinks and food items. Along with this, the use of this powder also helps in stabilizing the prices of fresh fruits and vegetables during the start of the season. Leading firms are concentrating on innovative and application-specific products to remain at the forefront of the global market The global fruit powder market size is expected to reach USD 23.96 billion by 2025 as a result of a positive outlook towards the nutraceuticals industry. Consumers are continuously striving for the fulfillment of their nutritional intake through functional food and drinks. Rising awareness regarding the importance of micronutrients including vitamins, minerals, and amino acids has resulted in increased product demand. With changing lifestyle patterns, consumers are inclined towards convenience food meeting specific nutritional requirements. The aforementioned trends have resulted in growth in demand for nutraceuticals and thus, in turn, will fuel market for fruit powder. Rising spending by international organizations on the development of preventive measures for cancer is expected to remain a key trend in the fruit powder market. In addition, growing consumer awareness about preventive healthcare to avoid the occurrences of numerous diseases impacting heart and brain health is projected to increase the spending for the fortification of fruit powder as a functional ingredient in the food and beverage product formulations. Global Fruit Powders Market: Growth Drivers The global fruit powders market driving factors are increasing demand for variety of fruit powders health drinks that contains high amount of vitamins and minerals and antioxidants. The fruit powders market is estimated to have growth potential in developing and developed countries as a result of consumer preference towards health drinks along with variety of fruit flavors in the drinks. Fruit powders are convenient and economical substitute to fresh fruits in various different applications. The use of fruit powders in infant formulas is seen to have robust growth due to consumer preference towards fruit flavored infant formula which also provides essential vitamins and minerals for infants. Along with increasing usage of fruit powders in various industries and economic potential by increased fruit production in the market, the global fruit powders market is expected to observe robust growth over the forecast period. Tags #Fruit_&_Vegetable_Powder_Production, #Fruit_&_Vegetable_Powder_Manufacturing_Business, #Fruit_Powders_Manufacture, #Fruit_Powder_Manufacturing_Unit, Fruit Powder Plant, Manufacture of Fruit Powder, Fruit Powder Processing, Fruit Powders Industry, How to Start a Food Processing Unit in India, Fruit Powders, Production of Fruit Powders, Fruit Powder Making, Fruit Powder Processing, How to Make Fruit Powder, Vegetable Powder Manufacturing, Vegetable Powders, Vegetable Powder Processing, #Vegetable_Powders_Manufacture, #How_to_Make_Fruit_and_Vegetable_Powder, #Fruit_&_Vegetable_Powder, Vegetable Powder Making Business, Fruit and Vegetable Processing, Profitable Tomato Processing Business Opportunities, Tomato Processing Manufacturing Unit, Tomato Powder, Tomato Powder Manufacture, Tomato Processing Plant, Tomato Powder Making, Project Report on Tomato Powder, Start Tomato Powder Production, #Project_Report_on_Tomato_Powder_Manufacturing, Tomato Powder Production, Onion Powder Production, Onion Powder Manufacturing Plant, #Dehydrated_Onion_Manufacturing_Process, Dehydrated Onion & Onion Powder, Onion Powder Manufacture, How to Make Onion Powder, Onions Powder Making, Project Report on Onion Powder, Onion Powder Industry, Onion Powder Manufacture in India, Onion Powder Manufacturing, Production of Mango Powder, #Dry_Mango_Powder_Making, Mango Powder Processing, Commercial Processing of Mangoes, Fruit Processing, Mango Powder Manufacture, Mango Powder, Mango Powder Making Business, Pomegranate Powder Manufacturing Process, Pomegranate Processing Business, How to Make Pomegranate Powder, Pomegranate Processing Unit, Pomegranate Processing Project Report, Pomegranates Processing Plant, Papaya Powder Manufacturing Process, Papaya Powder, Papaya Powder Manufacture, Production of Papaya Powder, Fruit Powders & Vegetable Powders, Food Processing Equipment, Projects in Agriculture & Food, Food Processing Project List, Processed Food Industry, Food Processing Sector, Processed Food Sector in India, Opportunities in Food Processing Sector, Food Manufacturing Industry, Most Profitable Food Processing Business Ideas, Profitable Food Processing Business in India, Starting a Food Processing Business, Profitable Food Processing Business Ideas, Food Business Ideas, Most Profitable Food Processing Projects and Agro Based Business, Small Scale Food Processing Projects, Food Processing Business at Small Scale, Food Business Ideas in India, Food Processing Projects Pdf, Food Processing Unit Project Report, Food Processing Industry, Small Scale Food Processing Projects, Projects & Products for Small Scale Food Processing Industry, How to Start Food Processing Unit in India, Fruit and Vegetable Processing, Small-Scale Fruit and Vegetable Processing, Processing of Fruits and Vegetables, Project Report on Fruit & Vegetable Processing Unit, How to Start Fruits and Vegetables Processing Industry, Project Report on Fruit & Vegetable Powder Manufacturing Industry, Detailed Project Report on Fruit & Vegetable Powder Manufacturing Business, Project Report on Fruit & Vegetable Powder Manufacturing Business, Pre-Investment Feasibility Study on Fruit & Vegetable Powder Manufacturing Business, Techno-Economic feasibility study on Fruit & Vegetable Powder Manufacturing Business, Feasibility report on Fruit & Vegetable Powder Manufacturing Business, Free Project Profile on Fruit & Vegetable Powder Manufacturing Business
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Neem Oil and Neem Cake Production Business

Neem Oil and Neem Cake Production Business. Setting up a Neem (Azadirachta indica) Processing Plant The material left after oil is squeezed out from seeds and is popularly known as the seed cake; it acts as a bio fertilizer and helps in providing the required nutrients to plants. It is widely used to ensure a high yield of crops. Neem oil is a vegetable oil pressed from the fruits and seeds of the Neem tree, Azadirachta indica, which is endemic to the Indian sub-continent and has been introduced to many other areas in the tropics Neem seed oil can also be obtained by solvent extraction of the neem seed, fruit, oilcake or kernel. Neem oil is a naturally occurring pesticide found in seeds from the neem tree. It is yellow to brown, has a bitter taste, and a garlic/sulfur smell. It has been used for hundreds of years to control pests and diseases. Components of neem oil can be found in many products today. These include toothpaste, cosmetics, soaps, and pet shampoos. Neem oil is a mixture of components. Azadirachtin is the most active component for repelling and killing pests and can be extracted from neem oil. The portion left over is called clarified hydrophobic neem oil. Neem cake organic manure protects plant roots from nematodes, soil grubs and white ants probably due to its residual limonoid content. It also acts as a natural fertilizer with pesticidal properties. Neem cake is widely used in India to fertilize paddy, cotton and sugarcane. Neem cake organic manure is the by-product obtained in the process of cold pressing of neem tree fruits and kernels, and the solvent extraction process for neem oil cake. Uses Neem Oil can soothe skin ailments such as inflammation, and it can reduce feverish body temperatures, while eliminating joint and muscle pain caused by rheumatic disorders. Neem Oil can be applied to the skin as a toner that restores moisture to the face while eliminating pathogens beneath the skin’s surface to leave skin looking and feeling healthier and younger. The Neem Oil which is extracted from the Neem Seeds has insecticidal and medicinal properties and is used in pest control. The leaves of the Neem Tree can be used to treat chicken pox and warts. It is used by applying the leaves in paste form directly to the skin. Neem leaves too are used to make a tea to reduce the fever caused by Malaria. Also, the leaves can be added to hot water to brew a foot soak to treat various foot fungi. It can also be used by adding it to the bath water for a relaxing time in the tub. Skin infections such as acne, psoriasis, scabies, and eczema can be treated with the anti-bacterial properties of Neem. Neem cake organic manure is widely used on crops like fruits, vegetables, sugarcane, Tea, Coffee, Paddy, Aromatic plants, Banana, and spice plantations and also in floriculture. Neem Seed Cake is used as a soil amendment which enriches the soil and lowers nitrogen loss. Plus it works as a nematicide. Market Outlook Global Neem Oil market size will increase to Million US$ by 2025, from Million US$ in 2018, at a CAGR of during the forecast period. The neem oil market is segmented based on application, type, and region. Based on application, the market is divided into pesticides/agriculture, pharmaceutical industry, personal care, and cosmetics. Based on product type, it is classified into leaf extract oil, seed extract oil, and bark extract oil. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Neem oil is also potent element in pest repellent, which ultimately favors the market growth since it encourages neem oil manufacturing. However, countries such as Africa, which hold a smaller number of neem trees are compelled to import from Asian countries. This increases their cost of raw material and hence manufacturing of the product. Therefore, these manufacturers are inclined to opt for substitute herbs, which might consequently hinder the growth of the neem oil market. Neem oil is also potent element in pest repellent, which ultimately favors the market growth since it encourages neem oil manufacturing. However, countries such as Africa, which hold a smaller number of neem trees are compelled to import from Asian countries. This increases their cost of raw material and hence manufacturing of the product. Therefore, these manufacturers are inclined to opt for substitute herbs, which might consequently hinder the growth of the neem oil market. Neem Oil Market Segment by Manufacturers includes: • E.I.D. Parry • Neeming Australia Pty Ltd. • P.J. Margo Pvt. Ltd. • Agro Extract Limited • Ozone Biotech Pvt. Ltd. • GreeNeem Agri Private Limited • Fortune Biotech Ltd. • Swedenn Neem Tree Company • Bros Sweden Group • Certis USA LLC • Terramera Inc. The global market for neem is booming alongside a growing interest in natural and organic products around the world. The neem market is expected to grow from $653 million in 2015 to $1.8 billion in 2022, at a compound annual growth rate (CAGR) of 16.3%. The majority of the neem extract market is currently based in the Asia-Pacific, with significant demand now coming from the United States, Spain and Italy. The major factors driving the global neem market are the crop’s efficient, safe and cost-effective applications in organic agriculture. The increasing concern of people and regulatory authorities towards the harmful effects of chemical-based fertilizers and pesticides on human health, has been compelling the farmers to use bio-based farm products. This has led to significant increase in the demand for bio-based fertilizers and pesticides. Global Neem Extract Market The global neem extract market is expected to grow from $653.7 million in 2015 to $1.87 billion in 2022 at a CAGR of 16.3%. Among all application areas, the agriculture segment accounted for the highest share of 40% in the total revenues of neem extract products. The demand of neem extract based fertilizers and pesticides is also escalating. Rich in proteins, amino acids, carotene and minerals, neem leaves and seed cakes are given as fodder to livestock population such as camel, goat, sheep and cross bred lambs, to increase their productivity. Neem is also known to be effective pest repellent for pet animals, which encourages neem oil manufacturing and eventually, drives the growth of the neem extract market. The demand of Neem products are increasing day by day. Agriculture sector is now becoming a major consumer of the neem products viz. Neem oil, neem cake and neem based pesticides. Being eco-friendly and natural source of phyto-chemicals and nutrients it is preferred to apply Neem manure and pesticide in agriculture especially in organic farming all over the world. Tags Production_of_Neem_Oil_and_Cake, Neem_Oil, Neem_Oil_Extraction_Process, Extraction and Making of Neem Oil, How to Make Neem Oil Pesticide, Neem Oil Manufacturing Unit Cost, Neem Oil Extraction Project Cost Pdf, Neem Oil Extraction Plant, Neem Oil Extraction, Neem Oil and Cake Manufacturing Business, Processing of Neem, Extraction of Neem Oil, Making Neem Oil, Neem Oil, #Neem_Cake_Manufacture, Neem Oil Extraction Busines, How to Start Neem Oil Extraction Business, Neem Oil Manufacture, Neem Based Pesticide Formulation, Project Report on Extraction of Neem Oil, Neem Oil Manufacturing Plant, Neem Oil Manufacturing Plant, Neem Oil, #Margosa_Oil, Azadirachta Indica, #Neem_Seed_Processing, Project Report on Neem Oil, Neem Cakes, Manufacture of Neem Cake, #Small_Scale_Commercial_Neem_Production, Neem Cake Manufacture, #Neem_Cake_&_Oil_Manufacturing, Neem Cake and Neem Oil, Project Report on Neem Oil and Cake Manufacturing Industry, Detailed Project Report on Neem Oil and Cake Manufacturing Business, #Project_Report_on_Neem_Oil_and_Cake_Manufacturing_Business, Pre-Investment Feasibility Study on Neem Oil and Cake Manufacturing Business, Techno-Economic feasibility study on Neem Oil and Cake Manufacturing Business, #Feasibility_report_on_Neem_Oil_and_Cake_Manufacturing_Business, Free Project Profile on Neem Oil and Cake Manufacturing Business, Project profile on Neem Oil and Cake Manufacturing Business
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Oxygen and Nitrogen Gas Production

Oxygen and Nitrogen Gas Production. Industrial Gas Plant India industrial gases market forecast to grow at a CAGR of over 11% Oxygen Gas Oxygen and nitrogen are the most important industrial gases finding its application in large quantities in metal fabrication and cutting industries. It is used in electric arc steel furnaces for decarburization and scrap matting. Oxygen is also used in medical treatment and for breathing at high altitude flying. Some quantities of liquid oxygen are used in explosives, chemicals and petrochemicals industries as an oxidizing and catalytic agent. As the quantity of oxygen required in integrated steel plants is huge, the excess of oxygen is compressed and bottled in steel cylinders and supplied to engineering industries such as manufacture of machine tools, industrial machinery, automobiles and component manufacturers, fabricators of chemical plants, storage tanks, and furniture and building elements. Nitrogen Gas Nitrogen is a colorless, odorless, inert and non-flammable gas. Although it is inert in nature, it reacts with other compounds under specific conditions. Industrial Nitrogen has a varied range of application in different industries. Nitrogen gas is used in the production of ammonia which in turn is used for the manufacture of urea and ammonium phosphate, which are fertilizers of great use. Nitrogen gas is used for blanketing hazardous chemicals which is an inert atmosphere. Nitrogen gas is used for purging purposes. Nitrogen gas is used for the purification of other gases with extremely low boiling points, such as hydrogen scrubbing. High purity nitrogen is used in strip steel annealing prior to tin plating. Human blood and cattle sperm cells are pressured by using nitrogen liquid freezing method. Large quantities of liquid nitrogen are employed in the preservation of food by rapid freezing. Liquid nitrogen is also used to maintain low temperatures during the transportation of frozen food. The demand of oxygen and nitrogen gas will increase in future Uses: Oxygen gas • Oxygen is also used in many industrial, commercial, medical, and scientific applications. It is used in blast furnaces to make steel, and is an important component in the production of many synthetic chemicals, including ammonia, alcohols, and various plastics. • The steel industry also uses oxygen gas in an oxy-acetylene flame, for scale removal from billets, and in oxygen lances, for cutting out imperfect ions. • The continuous gasification of coal or other solid fuel, oxygen gas admixed with steam is passed into the fuel bed and maintains a sufficiently high temperature to allow the waleragas reaction to proceed smoothly. • Oxygen gas is used in hospitals (to enrich air in respirators and to mix with anesthetics), aviation (for pilots' air supply), and pollution control. The space program was a major user of oxygen, • In the chemical and petrochemical industries, as well as in the oil and gas sector oxygen is used in commercial volumes as an oxidizer in chemical reactions. The use of oxygen in gas-flame operations, such as metal welding, cutting and brazing is one of the most significant and common applications of this gas. Nitrogen Gas • Nitrogen is used primarily as a freezing agent and a blanketing agent. About 21% of nitrogen produced is used for freezing • Other freezing applications include cryogenic size reduction of plastics, rubber, spices, and pharmaceuticals. About 33% of all nitrogen produced is used for blanketing, mostly in chemical processing and the electronics industry (14% each), with some application in the primary metals industry (5%). • Demand for nitrogen has been growing steadily 1n the liquefied industrial gases market and the chemical industry. In the aluminum industry, nitrogen has been replacing inert gas generators. The enhanced -oil products industry also requires fairly large quantities of gaseous nitrogen. • Nitrogen requirements for steel manufacture are modest and seldom exceed a small fraction of the oxygen flow. Some nitrogen~lso is used as the principal refrigerant in air separation cycles and as clean-up gas (to remove unwanted carbon dioxide and water). • Chemical Plants – Nitrogen is used to displace oxygen and prevent explosions in highly dangerous atmospheres, such as chemical plants and manufacturing facilities. Tire Inflation – Nitrogen offers many benefits when used to fill tires, such as giving them a longer life by reducing oxidation • Food Packaging – Nitrogen is used to displace oxygen in food packaging. By eliminating the oxygen, the food can last longer. It can also add a cushion around the food to keep it safe from breaking in transport. • Light Bulb Production – In incandescent light bulbs, nitrogen gas is often used as a cheaper alternative to argon. • Chemical Plants – Nitrogen is used to displace oxygen and prevent explosions in highly dangerous atmospheres, such as chemical plants and manufacturing facilities. • Tire Inflation – Nitrogen offers many benefits when used to fill tires, such as giving them a longer life by reducing oxidation. It also improves tire pressure retention to give drivers better gas mileage. • Electronics – When electronics are being assembled, nitrogen gas is used for soldering. Using nitrogen reduces the surface tension to provide a cleaner breakaway from the solder site. • Stainless Steel Manufacturing – By electroplating the stainless steel with nitrogen, the finished product is stronger and resistant to corrosion. • Pollution Control – Nitrogen gas can be used to remove the VOCs in liquids before they are discarded. • Pharmaceuticals – Almost every major drug class contains some nitrogen, even antibiotics. Nitrogen, in the form of nitrous oxide, is also used as an anesthetic. • Mining – In the mining industry, nitrogen gas is used to quickly extinguish fires by eliminating the oxygen from the air. And when an area is going to be abandoned, they use nitrogen to ensure the area will not explode. • Mild steel & carbon steel annealing • Electronic industries like semiconductors etc. • Blanketing during chemical reactions • Auto industries for Sintering, Brazing & Soldering • Food packaging • Tire filling • Metal powder formation Market Outlook The medical gases market size in India, in volume terms, is forecast to witness a two folds increase by 2019, exhibiting a CAGR of about 15% during 2014-19. The medical gases market in India is highly dominated by region-specific players, which are offering a stiff competition to multinational companies. India’s specialization in cardiology, orthopedic surgery, etc., is expected to drive healthcare demand, particularly for medical oxygen and nitrous oxide, which are vital requirements of any healthcare setup. Currently, the northern region, followed by the southern region, is the leading demand generators for medical gases, particularly medical oxygen gas. Oxygen Demand : Past and Future Year (In Million m3) 1990-91 450 2000-01 1335 2001-02 1525 2002-03 1725 2003-04 1975 2004-05 2315 2005-06 2760 2006-07 3360 2007-08 3730 2008-09 4910 2009-10 5400 2010-11 6250 2011-12 7210 2012-13 8200 2013-14 9165 2014-15 10000 2015-16 11250 2016-17 12800 2017-18 13950 2018-19 15700 2019-20 17230 2024-25 27125 Global Oxygen Market: Overview Oxygen is a colorless gas which is a paramount factor to sustain life. Oxygen is available in cylinders, containers, and cans. They are mostly used for industrial, medical, and scientific applications. Oxygen is used as an oxidizing agent and as a catalyst in various scientific and industrial processes. The oxygen market is growing at a significant pace and the growth in the oxygen market has resulted in an increase in the related markets such as medical oxygen generators, air-oxygen blenders, and stationary and portable oxygen concentrators. The global oxygen market is divided into its form, application, end-users, and geography. On the basis of a form of oxygen, the market is segregated into solid, liquid, and gaseous. Based on application, the market is classified into cosmetics, pharmaceutical, automobiles, and mining and mineral processing applications. On the basis of end-users, the market is categorized into industrial, medical, and scientific sectors. Diversification of the market on the basis of the region is seen into Asia Pacific, North America, Europe, Latin America, and the Middle East and Africa. Global Oxygen Market: Regional Analysis The largest share in the oxygen market is held by the Asia Pacific region. This growth can be attributed to reasons such as the growth of manufacturing sector and healthcare. Also, growth in the mineral and mining processing, where oxygen is a key catalyst, helps in the expansion of oxygen market in the region. Regions such as China, Japan, India, Australia, and New Zealand are showing major contribution in the Asia Pacific market. Key Players ? Hale Hamilton ? Maximator GmbH ? Hydrotechnik UK Ltd ? HyDAC ? Hydraulics International ? Inc ? Accudyne Industries ? Semmco Limited among Industrial Nitrogen Gas Market The market is witnessing a rise in demand from the food and beverages market. Its freezing property has expanded its use in blood banks, cryogenic treatments and plastic and rubber industries. Demand from end-users such as metal manufacturers, chemical and transportation industries are also propelling the industry to grow. Application wise its use can be segmented into metal manufacturing, oil and gas sector, petrochemical, pharmaceutical and healthcare, chemical, food and beverage industry and electronics. Food packaging - to displace the Oxygen from packaging that helps the food product to last long, used as fertilizer when combined with Ammonia to form Nitrates, Tire Inflation - by improving life of the tire and getting better mileage. The demand for industrial gases also continued to remain strongly driven by an increase in investments in infrastructure development and petroleum reserves in emerging markets. In fact, metal fabrication and production sector are expected to remain the second major sector for industrial gases, next to petroleum refining. Over the longer term to 2022, the annual growth rate in the industrial gas market is expected to significantly exceed the rate of industrial production driven by multitude of factors including opening of new startups, rapid industrialization of emerging economies, increasing demand for energy, environment regulations, improving healthcare sector, and advancements in industrial technology. Tags #Oxygen_and_Nitrogen_Gas_Plant, #Production_of_Oxygen_Gas, How Oxygen is Made, Producing Oxygen Gas, Oxygen Plant, Nitrogen Plants, #Oxygen_Plant, Industrial Oxygen Plant, #Industrial_Gases, Making of Oxygen Gas, Oxygen Production, Manufacturing Process of Oxygen Gas Plant, Oxygen Plant Manufacturing Process, Oxygen Plant in India, Oxygen Gas Production Plant, Oxygen Gas Manufacturing Plant, Manufacturing of Oxygen Gas, Project Report on Oxygen Gas Plant, Oxygen Gas Manufacture in India, Manufacturing of Medical Gases, Oxygen Gas Manufacturing Unit, Nitrogen Gas Plant, Oxygen Gas Plant Project Cost, #Oxygen_&_Nitrogen_Gas_Plant, Oxygen and Nitrogen Gas Plant Manufacturing Plant, Industrial Gas Plants, Uses and Applications of Nitrogen Gas, Nitrogen Gas Production, Nitrogen Gas Manufacturing Process, #Production_of_Nitrogen, Manufacturing Process of Nitrogen Gas, Manufacturing Process of Oxygen Nitrogen Gas Plant, Setting up Oxygen and Nitrogen Gas Plant, #Industrial_&_Medical_Oxygen_and_Nitrogen_Gases, Industrial Oxygen Gas Filling Plant, Medical Gases, #Oxygen_Gas_Plant_Project Cost, Industrial Oxygen Plant Project Report Pdf, Medical Oxygen Plant Setup Cost in India, Oxygen Gas Business, #How_to_Start_Oxygen_Plant, Project Report on Oxygen & Nitrogen Gas Industry, Detailed Project Report on Oxygen & Nitrogen Gas Plant, #Project_Report_on_Oxygen_&_Nitrogen_Gas_Plant, Pre-Investment Feasibility Study on Oxygen & Nitrogen Gas Plant, Techno-Economic feasibility study on Oxygen & Nitrogen Gas Plant, Feasibility report on Oxygen & Nitrogen Gas Plant, Free Project Profile on Oxygen & Nitrogen Gas Plant, Project profile on Oxygen & Nitrogen Gas Plant, Download free project profile on Oxygen & Nitrogen Gas Plant
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