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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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Start Profitable Manufacturing Business of Disposable Plastic Syringes | Opportunities for Entrepreneurs to Start Own Business in Medical Disposables.

Doctors had to use and reuse the same syringe on multiple patients until the medical industry advanced dramatically. This is due to the fact that syringes were pricey and scarce. As a result, it was critical for all doctors to properly sanitise the syringe after each use and sharpen it on a regular basis. Despite the fact that most doctors followed the recommendations to the letter, many of them failed to properly disinfect and preserve the syringe. As a result, many diseases began to spread. Disposable syringes are a significant advancement because they are inexpensive and can be discarded after one use by doctors. As a result, the risk of infections spreading is reduced. Disposable syringes contain a plastic body and come in a variety of sizes. They may come with needles connected in some circumstances. A cover is placed to the needle to prevent harm and to keep the needle sanitised at the same time. The most obvious benefits of using a disposable syringe are sterilisation and safety. Patients no longer have to rely on the doctors' sterilising measures for their safety thanks to the introduction of disposable syringes, which are disposed away after one use. As a result, there is no risk of cross-contamination. Another advantage of disposable syringes is their low cost. These disposable syringes are far less expensive than standard syringes and do not require any maintenance. Furthermore, the doctors are not required to sharpen them. As a result, they will be able to focus more on the patients rather than the costly medical institutions. The worldwide syringe market is estimated to reach $15.99 billion by 2021, up from $10.56 billion in 2016, with a CAGR of 8.7% over the forecast period. The market for syringes is growing due to a high prevalence of chronic diseases around the world, a growing elderly population, increased acceptance of safety syringes, technical improvements, and increased demand for vaccines. The high cost of safety syringes and the rising prevalence of needle stick injuries, however, are the market's primary hurdles. For companies involved in the development and manufacturing of syringes, emerging Asia-Pacific regions provide significant growth opportunities. The important factors driving the market expansion of syringes in this area include increasing technological advancements, increasing attention of global companies, fast urbanization, supportive regulatory policies for the approval of new injectable, and rapid growth in the ageing population. The sizes and growth rates of the syringes market and its sub segments were calculated using a combination of bottom-up and top-down methodologies. These syringes are affordable and ready to use in a sterilized state, reducing the risk of contamination and infection dissemination to the patient. These ready-to-use products have also aided in preventing the spread of AIDS among individuals. The market for disposable syringes is primarily driven by rising demand for these items for administering medication intravenously or intramuscularly to cure ailments. Key Players: • Albert David Ltd. • Baxter Pharmaceuticals India Pvt. Ltd. • Becton Dickinson India Pvt. Ltd. • Disposable Medi-Aids Ltd. • Hindustan Syringes & Medical Devices Ltd. • Lifelong Meditech Ltd. • Novo Nordisk India Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Ethanol from Grains

Ethanol Ethanol is a form of alcohol that can be used to power a variety of vehicles, including automobiles, trucks, buses, boats, and motorbikes. Some forms of equipment, such as farm equipment and tiny generators, can also be powered by it. Ethanol is usually generated from sugarcane or maize grain, although it can also be made from grasses or even some types of wood. Production of Ethanol from Grain Ethanol derived from grain production converts agricultural waste items into fuel. This fuel can be used in gasoline or diesel-powered cars, trucks, and other means of transportation. It also burns cleaner than fossil fuels, making it both more environmentally friendly and less expensive to generate than other ethanol sources now accessible. Dry milling, wet milling, and solvent refining are the three ways for producing ethanol from grain. Cleaning the agricultural waste products to eliminate any chemicals or undesired material is the first step in all three of these procedures. Ethanol is one of three types of alcohol that can be produced from grain (the other two are methanol and butanol). Any type of grain, including corn, barley, wheat, and even grasses, can be used to generate ethanol. Ethanol is a renewable energy source since it can be generated from organic materials found in plants. It is made by drying grains and then putting them into a fermenter to be turned into sugar by yeast. Market Size From 2021 to 2030, the global ethanol market is predicted to increase at a CAGR of 5.2 percent, from USD 93.7 billion in 2020 to USD 155.6 billion in 2030. With a market share of 67.3 percent, the grain-based category dominated the global market. The segment's expansion has been aided by the widespread availability of corn and maize, as well as the development of efficient technologies around the world. Dry milling is the most common method for producing grain-based ethanol, and one bushel of maize can provide 2.86 gallons of denatured ethanol.
Plant capacity: 10KL/DayPlant & machinery: 1500 Lakhs
Working capital: N/AT.C.I: -
Return: 1.00%Break even: N/A
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Production of Liquid Hand Soap, Foam & Bath Soap

A soap is a fatty acid-like molecule that has been saltified. A soap molecule consists of a long hydrocarbon chain with a carboxylic acid group on one end that forms an ionic bond with a metal ion, usually sodium or potassium. The ionic end is soluble in water, but the non-polar hydrocarbon end is extremely soluble in non-polar substances. Soaps have the ability to emulsify or disperse water-insoluble pollutants and retain them suspended in water, which allows them to cleanse. Soaps' molecular structure exemplifies this ability. When soap or detergent molecules come into contact with water that contains oil or other water-insoluble substances, they ring the oil droplets. Soap is a fatty acid salt used in a variety of cleaning and lubricating products. Soaps are surfactants that are often used in the home for laundry, bathing, and other household chores. In industrial settings, soaps are used as thickeners, components of some lubricants, and catalyst precursors. Soap dissolves particles and grime, allowing them to be removed from the item being cleaned when used for cleaning. When soap is lathered with a little water, it kills bacteria by disorganizing their membrane lipid bilayer and denaturing their proteins as a surfactant. Oils are also emulsified, making them easier to remove with running water. The global liquid soap market is predicted to grow at a remarkable rate between 2019 and 2028. This rise can be attributed to folks all across the world becoming more mindful of personal cleanliness. Liquid soaps have a low PH. As a result, they are gentle and suitable for all skin types, especially sensitive skin. As a result of all of these factors, the global liquid soap market is witnessing high demand from the general public. Few Indian Major Players 1. AdorMultiproducts Ltd. 2. Cavinkare Pvt. Ltd. 3. EvershineOleochem Ltd. 4. Fresno & Bakersfield India Ltd. 5. Gaillard Cosmetics (Mumbai) Pvt. Ltd. 6. Hindustan Unilever Ltd.
Plant capacity: Bath Soap (1 Kgs Pack 10 Pcs. Each 100 gms Size) 1,000 Kgs Per Day Liquid Hand Soap (Pack 1 Ltr. Plastic Cans) 1,000 Kgs Per Day Foaming Hand Soap (Pack 1 Ltr. Plastic Cans) 1,000 Kgs Per DayPlant & machinery: Rs. 49 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 261 Lakhs
Return: 57.00%Break even: 44.00%
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Profitable Business of Stone Plastic Composite (SPC) Flooring Tiles

SPC, also known as solid polymer core for flooring tiles, is a firm core formed primarily of limestone with a mixture of polyvinyl chloride and stabilisers used in vinyl flooring. It is denser as a result of the 75 percent limestone core fused together with a 25% PVC core. SPC stiff cores are used in modular vinyl flooring to provide dimensional stability and rigidity. Because of its high limestone content, SPC is highly dense, durable, and resistant to impact and indentation. Stone plastic composite is resistant to cupping and peeling since it is watertight. It can be used in laundry rooms, restrooms, basements, kitchens, and other places where there is a need for organisation. SPC rigid core vinyl flooring is installed using a floating interlocking technique. It's low-maintenance and long-lasting, making it ideal for commercial flooring with a lot of foot activity. The elastic SPC core is coated with a decorative and protective UV coating to create stunning and durable flooring. SPC flooring is environmentally friendly, has no formaldehyde, is waterproof, and may be used in a variety of applications. It also offers excellent anti-skid properties, a pleasant foot sensation, and is akin to real wood flooring. It's also wear-resistant, has a long service life, is fire and flame resistant, and can be used for geothermal, heat preservation, and energy conservation. The global Stone Plastic Composite Flooring market was valued at USD 24.00 billion in 2020, and it is expected to rise at a CAGR of 14.26% to USD 27.35 billion in 2021, before reaching USD 53.44 billion by 2026. The growing number of construction activities and the construction industry around the world, as well as the easy availability of an affordable and rigid product, are some of the major and impactful factors that would likely augment the growth of the stone plastic composite flooring market. Few Indian Major Players 1. Aalishaan Structure & Interiors Pvt. Ltd. 2. Marvel Vinyls Ltd. 3. Responsive Industries Ltd.
Plant capacity: Stone Plastic Composite (SPC) Flooring Tiles 3,000 Sq,mtr Per DayPlant & machinery: Rs. 408 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1011 Lakhs
Return: 28.00%Break even: 65.00%
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Production Industry of Men’s Undergarment (EOU)

Underwear is a type of clothing that is worn beneath other garments and is frequently worn next to the skin. They help to keep sweat off your gear. They also aid in the formation of the body and provide support for various body parts, as well as keeping the wearer warm in cold conditions. Underwear can be used to protect a person's modesty while still making them look sexy. Some types of undergarments are associated with religious significance. Some items, such as T-shirts and certain types of shorts, are intended to be worn just as underwear, while others, such as T-shirts and certain types of shorts, can be worn as both underwear and outerwear. If the correct fabric is utilised, some types of underwear can be used as nightwear or swimwear. Underwear is one of the most private and personal decisions in menswear because only a few people will see it. It's worn all day, every day, right next to the skin. As a result, while many men prefer one sort of underwear over another, it's more practical to pick a style based on the day's activities. The global men's underwear market is estimated to exceed US$ 16.5 billion in sales by the end of 2027, growing at a CAGR of 5.8% over the forecast period (2020-2027). Because of the rising prevalence of organised retail around the world, the market for men's underwear is expected to grow. The market for men's underwear is expected to grow as disposable income rises and the metrosexual male population spends more on fashionable items. Rising demand for underwear as a need and for comfort is expected to help the men's underwear industry grow. The hosiery industry is a long-standing textile industry with enormous domestic and worldwide market potential. Because of its multiple advantages, the market for hosiery underwear is rising. Cotton underwear is popular among people from all walks of life because of its great absorbency, inexpensive cost, and widespread availability. People wear these foundation garments all year round in a range of weather conditions. The marketing of high-quality knitted underwear is expected to be uncomplicated. Few Indian Major Players 1. Bodycare International Ltd. 2. Dollar Industries Ltd. 3. J C Penney Services India Pvt. Ltd. 4. Seeds Intimate Apparel India Pvt. Ltd. 5. Shakthi Knitting Pvt. Ltd. 6. Triumph International (India) Pvt. Ltd.
Plant capacity: Men's Briefs 10,000 Pcs Per Day Sports Briefs 10,000 Pcs Per Day Men's Boxers 10,000 Pcs Per DayPlant & machinery: Rs. 239 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 1656 Lakhs
Return: 27.00%Break even: 52.00%
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Profitable Business Industry of EV Charging Stations.

Electric vehicle charging station business opportunity is one of the pinnacle business models worldwide. As EVs turn out to be an extra regular on the road, many startups and entrepreneurs are interested in beginning an EV charging station commercial enterprise. With the augmented mindfulness of the environment and the introduction of electric cars (along with e-cars and e-scooters), electric car charging stations are on the list of some top enterprise opportunities in many countries for the last decade. When thinking about an EV charging commercial enterprise version, it’s essential to understand which models will be simplest for the kind of visiting driver and the kind of location/enterprise where the charging stations may be established, in addition to the typical expenses incurred. The method that an entrepreneur or startup takes is important because flexibility and scalability are clearly important for this kind of new and fast-paced industry. The budget of beginning an EV charging station could be very less compared to other business setups. Consequently, the cost of starting EV stations involves only the installation fee which consists of the price of chargers, power, software program, infrastructure, marketing, manpower, and maintenance. Is It Profitable To Start An EV Charging Business? EV charging stations and public charging setup enterprises are some of the finest enterprise opportunities. Even though the client category still predates and relies upon the conventional auto industry, EV vehicle enterprise is the next generation choice. Aside from this, state governments provide extra advantages, like exemption on street tax, registration charges, stamp duty, electricity tax, and many others. It is comprehensible that increased trade of such vehicles will demand an extra number of charging points. The range of electric vehicles running on the roads is significantly greater than the wide variety of EV fee stations at the roads. Market Growth of EV Charging stations In recent years, the demand for electric cars is increasing unexpectedly internationally. Though, China and the USA are keeping the principal market proportion for the same. For the reason that demand for EVs is increasing, hence the electric charging industry is likewise driving. Governments globally are contributing in the direction of putting in the charging stations. For example, the Chinese government authorities have accepted the improvement of fast-charging stations by the national policies. Furthermore, in the USA, the government is presenting all its support and funds to broaden EV charging stations. Such active help through government groups is likely to increase the marketplace for charging stations at some stage in the forecast duration. The worldwide electric automobile Charging Station market is predicted to grow from 27 billion in 2020 to $129.07 billion by 2027, at a CAGR of 10.1%. Elements along with growing demand for energy-efficient commuting, governments associating electric-powered vehicles, and their charging infrastructure through preferential rules, subsidies, and tax rebates have caused a developing call for this section in conjunction with the fact that in the subsequent 2 decades, many governments around the world have introduced plans to phase out fossil gas cars from the market. The Driving Factors One of the most critical elements driving the Electric Vehicle Charging Station marketplace is the growing costs of petroleum merchandise. Customers from developing nations are already laid with the elevated price of petrol. Electrical automobiles operating on electricity will decrease the working value of usage for those cars. Another important thing driving this sector is the reducing fee of EV with the lessening of battery cost which is also causing growth in demand for EV’s and EV charging stations. The electric vehicle charging stations market is predicted to develop with time and rising support from government bodies of various countries. Many nations have found the necessity to go electric to lessen the increasing pollution from motors, with the United States and China already gearing as much as electric cars. China’s swiftly growing economy is using the expansion of superior technologies to improve electrification in the country. China has spent about USD 2.4 billion till year 2020 to enhance the charging facility infrastructure in the nation. Entrepreneur India’s project reports incorporate a unique mix of exact insights and qualitative analysis to assist startups and entrepreneurs reap sustainable growth. The professionals, experienced analysts, and specialists use industry-leading research tools and techniques to collect comprehensive marketplace studies, interspersed with relevant records. The report consists of a competitive view based totally on an in-depth assessment of the important strategies adopted by the main marketplace members within the electric automobile charging stations marketplace over the past few years.AK_20art_21
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Start Assembling of Lithium Ion Battery (Battery Assembly)

A lithium-ion battery, often known as a Li-ion battery, is a rechargeable battery in which lithium ions flow via an electrolyte from the negative electrode to the positive electrode during discharge and then back again during charging. A lithium-ion battery's positive electrode is constructed of an intercalated lithium compound, while the negative electrode is commonly graphite. With the exception of LFP cells, lithium-ion batteries have a high energy density, no memory effect, and a low self-discharge rate. Either energy or power density can be emphasised in cells. However, because they contain flammable electrolytes, they can pose a safety risk. Which, if damaged or wrongly charged, can result in explosions and flames. • More Compact Design: Li-ion batteries are smaller and lighter than traditional rechargeable batteries when compared to their capacity, and are thus used in portable consumer electronics devices where weight and form factor are important selling points. • Lower Self-discharge and Longer Shelf Life: While compared to other rechargeable batteries, Li-ion batteries have a lower self-discharge rate of about 1.5 percent per month, allowing for a longer shelf life when not in use due to the slower drain. • Fast Charging: Lithium-ion batteries charge faster than other rechargeable batteries including lead acid, nickel-metal hydride, and nickel-cadmium. • Low Maintenance: Lithium-ion batteries do not need to be maintained in order to function properly. • High Open-Circuit Voltage: Due to their chemistry, Li-ion batteries have a higher open-circuit voltage than other batteries such as lead acid, nickel-metal hydride, and nickel-cadmium. From 2021 to 2030, the global lithium-ion battery market is expected to grow at a CAGR of 12.3%, growing from USD 41.1 billion in 2021 to USD 116.6 billion in 2030. The market's growth can be attributed to increased demand for lithium-ion batteries in electric vehicles (EVs) and grid storage, since they offer high-energy density and lightweight solutions. Due to a growth in the registration of electric vehicles and a decrease in the price of lithium-ion batteries, the market size is predicted to grow throughout the forecast period. Market expansion is predicted to be fueled by an increase in electric vehicle sales as well as a shift in customer preferences. The rising number of solar installations and nuclear power plants, as well as the launch of wind energy projects, are likely to propel market growth over the forecast period. Few Indian Major Players 1. Anand Batteries Ltd. 2. Bharat Electronics Ltd. 3. Carborundum Universal Ltd. 4. Eon Electric Ltd. 5. H B L Power Systems Ltd. 6. Luminous Power Technologies Pvt. Ltd.
Plant capacity: 48 Volt, 60 AH Lithium-Ion Battery Pack 10 Nos per day 48 Volt, 80 AH Lithium-Ion Battery Pack 10 Nos per day 48 Volt, 100 AH Lithium-Ion Battery Pack 10 Nos per day 60 Volt, 20 AH Lithium-Ion Battery Pack 10 Nos per day Plant & machinery: Rs. 165 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 538 Lakhs
Return: 29.00%Break even: 67.00%
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Opportunities in Waste Lubricating Oil Recycling Plant

Waste oil is mostly made up of hydrocarbons and can be found in both industrial and non-industrial settings. It may contain additives and impurities as a result of physical contamination and chemical reactions that occur during use. Because used oil has been used previously, it has become contaminated with chemical and physical pollutants. Used oil includes transmission oil, motor oil, brake fluid, hydraulic oil, and gearbox oil. Oil that has been used is a recyclable material that can be recycled, reused, or disposed of. Oil is not considered a waste product once it has been used. Lubricating lubricants are commonly used in industries to reduce friction and wear by interposing a thin film of oil between metallic surfaces. Water, salt, dirt, metal scrapings, broken down additive components, varnish, and other impurities may mix with the oil or be generated in it during normal use as a result of thermal breakdown or oxidation. Recycling and reusing wasted oil is preferable to disposing of it, and it can have considerable environmental benefits. Recycled used oil can be refined into new oil, converted into fuel oils, and utilised as a raw material in the petroleum industry. The term "waste oil" describes refined oil that has been delivered for a variety of purposes. Impurities, dirt, and toxins are all present in waste oil. Waste oil is any synthetic or petroleum-based oil that has become contaminated and unfit for its intended function. The main sources of this material are crankcase and lubrication wastes. The method of refining waste oil to generate fuel or lubricating oil is currently employed in various places. Waste oil appears to be harmful to the environment because it is burned or haphazardly dumped into the ground. Government agencies must create efficient recycling and disposal plans in order to refine waste oil. This contributes to environmental protection by reducing illegal waste oil dumping. New waste oil treatment and disposal technologies enable more efficient service while also lowering environmental risk. Few Indian Major Players 1. Asia Refinery Ltd. 2. Bharat Shell Ltd. 3. Castrol India Ltd. 4. Enpro Industries Pvt. Ltd. 5. Fuchs Lubricants India Pvt. Ltd. 6. G P Petroleums Ltd. 7. G S Caltex India Pvt. Ltd. 8. Indian Oil Blending Ltd.
Plant capacity: Used Lubricating Oil 20,000 Ltrs per day Spent Clay as by product 2,105 Ltrs per dayPlant & machinery: Rs. 127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 753 Lakhs
Return: 27.00%Break even: 50.00%
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Profitable Growing Industry of Medical Disposables (Gowns/Drapes)

Doctors and nurses in the operating room use surgical gowns to prevent the transmission of germs and body fluids from the operating staff to the patient, as well as from the patient to the operating staff. Surgical gowns must meet a variety of well-documented performance requirements. Surgical gowns must be disease and infection resistant while also allowing for sufficient mobility. They must allow for adequate mobility while also preventing rubbing, chafing, ripping, and linting. They should fit snugly but not tightly. Because there is generally excess fabric, the gowns must withstand constant pulls on the fabric during normal motions. A surgical drape is a disposable, non-woven covering that is used to cover a patient's region. The surgeon can perform the surgery through a fenestration (an opening) in the drape. Depending on the type of operation, it comes in a variety of sizes. The drapes in each hospital are different. A 15-square-inch drape with a 3-square-inch fenestration could sufficient for an eye operation, but open heart surgery necessitates the largest drape possible, a laparotomy drape that covers the entire body. Surgical drapes keep the operating area clean and free of bacteria. The adhesive tape must attach securely to both the drape material and the patient's skin in order to accomplish this; its performance cannot be affected by the sterilisation procedure or compromised by pre-operative cleaning chemicals. For Surgical Procedures, Gowns and Drapes The market is predicted to grow at a CAGR of 4.42 percent from 2021 to 2028, from USD 2.28 billion in 2020 to USD 3.23 billion in 2028. The Surgical Drapes and Gowns market is being driven by an increase in surgical operations due to sports injuries, accidents, and heart surgeries due to a greater frequency of cardiovascular disorders and other chronic ailments where surgery is indicated as needed. Surgical gowns and drapes are also in high demand due to increased demand for patient and healthcare worker protection, as well as an increase in the prevalence of surgical site infections. Few Indian Major Players 1. PrimewearHygine (India) Product Ltd. 2. RaajMedisafe India Ltd. 3. Surgeine Healthcare (India) Pvt. Ltd. 4. VikramNuvotech India Pvt. Ltd.
Plant capacity: Medical Gowns 1,250 Pcs Per Day Medical Drapes 1,250 Pcs Per DayPlant & machinery: Rs. 286 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 611 Lakhs
Return: 26.00%Break even: 53.00%
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Manufacturing Industry of Calcium Carbide(CaC2)

The chemical substance calcium carbide, sometimes known as CaC2, has the formula CaC2. There appear to be greyish whitish masses present. Carbide Candles, which are small carbide lamps used to blacken rifle sights and reduce glare, also include calcium carbide. These "candles" are utilised because acetylene produces a sooty flame. Other names for it include calcium acetylide, phenyl glyceryl ether diacetate, and glycerol phenyl ether diacetate. Calcium carbide is an important raw material in the organic synthesis industry. Acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde can be made by mixing acetylene, chloroprene rubber, calcium cyanamide, acetate acid, trichloroethylene, and acetaldehyde with other materials. It can also be used in steel manufacturing as a desulfurizing agent, as well as for metal cutting and welding. Along with calcium phosphide, calcium carbide is used in floating, self-igniting naval signal flares. Calcium carbide has been declared a flammable substance under the Inflammable Substances Act, and the Petroleum Act has been applied to it. When moisture comes into contact with calcium carbide, acetylene gas is produced, which has a wider explosive range. Calcium carbide is used in the following industries: • It's utilised in the production of calcium hydroxide and acetylene. • Because acetylene, a calcium carbide derivative, may be used as a raw material, it is used in the production of polyvinyl chloride (PVC). • It's used to make calcium cyanamide. • It's used to remove sulphur from iron. The process of eliminating sulphur from any material is known as desulphurization. • Similar to ethylene, it is used as a ripening agent. • Both bamboo and big-bang cannons contain it. • It's used as a deoxidizer, which means it helps remove oxygen during the steel-making process. Calcium carbide is a calcium-containing mineral. The market is predicted to grow significantly from 2019 to 2025 due to its metallurgical and chemical uses in sectors such as steel manufacturing, fertiliser, and metal fabrication. Product derivatives are utilised downstream in the automotive, pharmaceutical, and plastics industries, which could help the industry grow. In an electric arc furnace, lime and coke are heated to produce a translucent, colourless inorganic material. The technical grade substance creates an unpleasant garlic-like odour when exposed to trace moisture. Desulfurization and the elimination of unwanted iron oxide are two metallurgical processes that use it. The calcium carbide market is likely to grow further due to its use in integrated steel mill desulfurization. The calcium carbide market is predicted to grow due to its use with calcium phosphide, which is used in floating and self-igniting naval flares for defensive countermeasures, illumination, and signalling. Because calcium flares may be released underwater and illuminate submerged objects, they are commonly employed in maritime applications. The global market for marine safety is estimated to hit USD 35 billion by 2026, favouring market size. Few Indian Major Players 1. D C M Shriram Ltd. 2. K P L International Ltd.
Plant capacity: Calcium Carbide 60 MT Per DayPlant & machinery: Rs. 2127 Lakhs
Working capital: -T.C.I: Cost of Project: Rs. 3810 Lakhs
Return: 28.00%Break even: 68.00%
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  • T.C.I is Total Capital Investment
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