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

Minerals: Project Opportunities in Kerala

PROFILE:

India has a large no. Of economically useful minerals and they constitute on quarter of the worlds known mineral resources. India is endowed with significant mineral    resources. India produces 89 minerals out of    which 4 are fuel minerals, 11 metallic, 52 non-metallic and 22 minor minerals. 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:

Kerala is also a rich repository of several minerals and fine grained soil. Sillimanite, Ilmenite, Monazite abounds in this state. Fire clay, Silica, Ball clay and China clay, granite and graphite also occurs in large quantities in different parts of Kerala, paving the path for a flourishing industry. The mineral resources of a state are its greatest asset. The minerals not only earn the state revenue and foreign currency by export to other states and other countries respectively, they also form the raw material for the industries based on them. Kerala is a mineral rich state. The soil is loaded with a variety of inorganic minerals like Kaolin, Bauxite, Monozite, Zircon, Quartz and Silimanite. The golden sands of Quilon beach are rich in the heavier variety minerals such as Monozite, Ilmenite, Rutile, Zircon and Silimanite.

GOVERNMENT POLICIES:

·         As far as mineral sand is concerned, the Government will stick to the policy declared in the industrial policy 2007 that the mining and extraction will be permitted only through State/Central Public Sector Undertakings (PSU’s).

·         While granting mining leases value addition will be insisted by promoting processing units and mineral based industries in the State. 

·         Entrepreneurs promoting development of human resources and employment guarantee programme will be given priority.

·         Mining leases will be granted to those applicants who have long term programme concept and provide more employment opportunities.  For e.g., minerals like iron ore. Priority will be given to those who install processing / beneficiation unit

·         Adjoining minor mineral leases of smaller areas granted under KMMC Rules, 1967 will be amalgamated into a single lease. Non working quarries/mines will be identified and effort will be made to ensure the mining leases are not kept idle. 

·         Productivity of mines will be insisted while leasing the mine and reviewed periodically.

 

Agriculture: Project Opportunities in Kerala

 

PROFILE:

India has an agriculture-based economy. 43% of India’s territory remains employed in agricultural activities. Globalization and agriculture in India are both intricately connected to each other as agriculture in India prevails over all other sectors because it plays a pivotal role in the socio-cultural life of its people. At present, in terms of agricultural production, the country holds the second position all over the world. In 2007, agriculture and other associated industries such as lumbering and forestry represented around 16.6% of the Gross Domestic Product of the country. In addition, the sector recruited about 52% of the entire manpower. India is among the world’s leading producers of paddy rice, wheat, buffalo milk, cow milk and sugar cane. It is either the world leader or the second largest producer in eight out of its top ten products.

RESOURCES:

A unique feature of the State is the predominance of cash crops. About 50 per cent of the population depends on agriculture. Kerala is a major producer of coconut, rubber, pepper, cardamom, ginger, banana, cocoa, cashew, aracanut, coffee and tea. Spices like nutmeg, cinnamon, cloves, etc. are also cultivated. Rice and Tapioca are the important food crops. On a national scale, 92 % of the rubber, 70 % of coconut, 60 % of tapioca and almost 100 % of lemon grass oil is produced from the State. Kerala’s agriculture has the distinction of having the highest gross income per net cropped area. For instance, coconut occupies 41 per cent of net cropped area and provides livelihood to over 3.5 million families. While, the four plantation crops of rubber, coffee, tea and cardamom accounts for 29 per cent of the net cropped area in the State and 42 per cent of the area in the country.

GOVERNMENT POLICIES:

Indian agriculture policy is aimed essentially at improving food self sufficiency and alleviating hunger through food distribution. Aside from investing in agricultural infrastructure, the government supports agriculture through measures including minimum support prices (MSP) for the major agricultural crops, farm input subsidies and preferential credit schemes. In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The salient features of the new agricultural policy are:

·         Over 4 per cent annual growth rate aimed over next two decades.

·         Greater private sector participation through contract farming.

·         Price protection for farmers.

·         National agricultural insurance scheme to be launched.

·         Dismantling of restrictions on movement of agricultural commodities throughout the country.

·         Rational utilisation of country's water resources for optimum use of irrigation potential.

·         High priority to development of animal husbandry, poultry, dairy and aquaculture.

·         Capital inflow and assured markets for crop production.

·         Exemption from payment of capital gains tax on compulsory acquisition of agricultural land.

·         Minimise fluctuations in commodity prices.

·         Continuous monitoring of international prices.

·         Plant varieties to be protected through a legislation.

·         Adequate and timely supply of quality inputs to farmers.

·         High priority to rural electrification.

·         Setting up of agro-processing units and creation of off-farm employment in rural

 

 

 

 

 

Biotechnology: Project Opportunities in Kerala

 

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. The importance of Biotechnology for India is manifold. In addition to generating trained manpower and a knowledge base, India is proving to be an ideal setting for manufacturing activities and high-level biotechnology research programmes. It can bring revolutionary changes in people's lives and provide the path way to the unexplored secrets of nature.

 

RESOURCES:

Kerala’s rich bio-diversity and the availability of skilled labour make it one of the most prospective locations for Biotechnology. Its advantages include being one of the most health conscious states with high literacy, and a rich exposure to traditional medicines and healing. Additionally, the presence of established research institutions like Rajiv Gandhi Institute for Biotechnology, Indian Institute for Spices Research, Kerala Agricultural University, etc ensures adequately trained human resources required in Biotechnology. Since the Biotech industry in India is still in a nascent stage, especially in Kerala, an appropriate support and guidance from the state government would be essential to encourage entrepreneurship and industrial growth in this segment.

GOVERNMENT POLICIES:

Government of Kerala announced its Biotechnology Policy in 2003. To achieve the vision in Biotechnology, to ensure hazzle-free implementation and to provide sustained leadership and resources, two major initiatives, Kerala Biotechnology Board and Kerala Biotechnology Commission were made in 2003. The BT policy for Kerala is designed to catalyze the development and application of BT, taking advantage of the State’s resources and emphasizing its specific needs while meeting global requirements. The policy is aimed to ensure the rapid exploitation of pipeline technologies and opportunities available in the State to products and processes and to promote the sustained build-up of an elite knowledge cadre and knowledge base through the strengthening and creation of educational and R&D institutions, establishing infrastructure and putting in place administrative, regulatory, legal and financial framework conducive for investment and growth of BT enterprises, for the economic development and human welfare.

 

Rubber Industry: Project Opportunities in Kerala

 

PROFILE:

The world production of rubber was considered to be very unstable during the last few years. Comparatively, India's production of rubber is consistent at the rate of 6% per annum. The Rubber industry in India has been growing in strength and importance. This is the result of India's burgeoning role in the global economy. India is the world's largest producers and third largest consumer of natural rubber. Moreover, India is also one of the fastest growing economies globally. These factors along with high growth of automobile production and the presence of large and medium industries has led to the growth of rubber industry in India.

RESOURCES:

Kerala contributes 90% of India’s total production of natural rubber. Also, Kerala and Tamil Nadu together occupy 86% of the growing area of natural rubber. The rubber industry occupies about 3.84 lakh hectares and boasts of a turnover of 3.70 lakh tonnes that amounts to about ninety percent of the country’s total rubber production. The Kerala State Cooperative Rubber Marketing Federation Ltd., popularly known as RubberMark was incorporated in 1971, as an apex institution of the primary Rubber Marketing Cooperatives in Kerala, INDIA. Most of the rubber production is consumed by the tyre industry which is almost 52% of the total production of India. Among the states, Kerala is the leading consumer of rubber, followed by Punjab and Maharashtra.

 

GOVERNMENT POLICIES:

·         No state involvement in price control

·         Rubber prices respond to global prices

·         Government’s contribution in rubber research and development

·         Duties and levies contributing for financing of replanting and welfare of smallholders

·         Currency issues

·         Government involvement in labour supply

·         Environmental regulations

 

 

 

Tourism: Project Opportunities in Kerala

 

PROFILE:

Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizationsto promote tourism here.Tourism is one of the fastest growing industries in the world. The number of tourists worldwide has been registering phenomenal growth and it is expected that this number would shortly touch 1.5 billion. Tourism contributes about 11% of the world work force and 10.2% of the global gross domestic products. The dynamic growth of this industry is evident from the fact that a new job is added to this sector every 2.5 second.

 

RESOURCES:

Kerala is a state on the tropical Malabar Coast of southwestern India. Nicknamed as one of the "10 paradises of the world" by National Geographic, Kerala is famous especially for its eco-tourism initiatives. Its unique culture and traditions, coupled with its varied demography, has made it one of the most popular tourist destinations in India. Beaches, warm weather, back waters, hill stations, waterfalls, wild life, Ayurveda, year–round festivals and diverse flora and fauna make Kerala a unique destination for tourists. Kerala offers a host of exciting holiday options. The factors stimulating a flourishing tourism sector include scenic splendour, moderate climate, clean environment, friendly and peace loving people with high tolerance for cultural diversity as well as the potential for creating unique tourism products. Some of the important places of tourist interest are:- Thiruvananthapuram; Kollam; Pathanamthitta; Alappuzha; Kottayam; Idukki; Ernakulam; Thrissur; Palakkad; Malappuram; Kozhikode; Wayanad; Kannur and Kasaragod. In kerala, Thenmala is the major project undertaken under eco- tourism. Thenmala Eco-Tourism project features a tourist facilitation centre, shop court garden, plazas, picnic area, natural trail, rock climbing, river crossing amphitheatre, restaurant, suspension bridge, lotus pond, musical dancing fountain, sculpture garden, deer rehabilitation centre, boating, battery powered vehicles, etc.

 

 

 

GOVERNMENT POLICIES:

Every Tourism Development Plan shall contain the following elements which are necessary for the integrated sustainable development of the area with major thrust on tourism development, namely:-

(i)           Policy in relation to the land use plan and allocation of land for tourism purposes;

(ii)          Policy in relation to the built up area, environment including architectural control and form;

(iii)        Strategies towards conserving and strengthening existing natural systems and enhancing the visual qualities of the region; and

(iv)         Regulations, if any, found necessary for the implementation of the Tourism Development Plan.

 

 

Bamboo: Project Opportunities in Kerala

PROFILE:

Bamboos are some of the quickest growing plants in the world,[2] as some species have been recorded as growing up to 100 cm (39 in) within a 24 hour period due to a unique rhizome-dependent system. Bamboos are of notable economic and cultural significance in South Asia, South East Asia and East Asia, being used for building materials, as a food source, and as a versatile raw product. Bamboo is used in Chinese medicine for treating infections and healing. It is a low-calorie source of potassium. It is known for its sweet taste and as a good source of nutrients and protein. Bamboo has been a primary raw material for manufacturing a variety of article. Primary coming under the cottage and small scale industry, bamboo work plays a vital role in the development of the state economy.

 

RESOURCES:

Twenty-two species of bamboo and two varieties belonging to six genera are recorded as native of Kerala. The majority of bamboos in Kerala are found at an elevation of 50-1500 m above sea level. The species belonging to the genera such as Ochlandra, Bambusa and Dendrocalamus are seen extensively growing in large forest areas as bamboo brakes and reed brakes. The species like Bambusa bambos and Dendrocalamus strictus are adapted to the dry plains and hilly tracts.  Their distribution is abundant in the most deciduous forests.  Bambusa bambos is generally found at an elevation between 50m – 1000 m and distributed throughout Kerala. Dendrocalamus strictus is distributed in the forests of Attappady, Nilambur, and Chinnar at an altitude of 150-750 m above sea level.

GOVERNMENT POLICIES:

Draft Kerala Bamboo Policy: This policy focuses on sustainable development of bamboo sector in Kerala with the active participation of stakeholders. The major pillars of this policy are sustainable management of existing bamboo resources in forest areas, plantations and in the homesteads, resource enhancement both in the forests and homesteads with the participation of stakeholders, better distribution of bamboo resources to the user groups and setting up bamboo-based industries. The policy suggests establishment of appropriate institutions, scientific management and marketing, linkage between production and utilization, industrial development, proper pricing, preferential treatment of bamboos in the forests and homesteads, formulation and implementation of grower friendly rules and regulations on growing, harvesting, transporting and marketing and appropriate publicity, research and extension.

 

Waste management: Project Opportunities in Kerala

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:

The Greater Kochi Area (GKA) ranks 24 (with CEPI score of 75.08) amongst the critically polluted areas (CPA) in the country. The State Pollution Control Board was instructed by the CPCB to evolve a time bound action plan for improving the environmental quality in the CPA. It was stated that external resource persons/institutions identified by CPCB/MoEF would be made available for this purpose. Such external guidance is still anticipitated. Meanwhile the Kerala Board, in consultation with the stakeholders in GKA, has chalked out an action plan for Greater Kochi Area. The main pollution sources of concern are industries, municipal solid waste, biomedical waste, E-waste and domestic waste.  The action plan hence includes mainly proposals for up gradation of existing pollution control facilities in the critically polluted area, common facilities such as CETPs, CTSDF, STPs, common biomedical waste management facility, municipal solid waste management, e-waste management and sewage management.

 

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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Ply Board from Poplar & Eucalyptus Wooden Logs

Ply Board is wooden made board or wooden like raw materials largely used for making ply board. There is large use of ply board nowadays in making wooden base furniture. Poplar and Eucalyptus Wooden Logs can be used for making ply board. Plywood is a building material consisting of veneers (thin wood layers or plies) bonded with an adhesive. There are two types of plywood: softwood plywood and hardwood plywood. Softwoods generally correspond to coniferous species. The most commonly used softwoods for manufacturing plywood are firs and pines. Hardwood plywood is made of hardwood veneers bonded with an adhesive. The outer layers (face and back) surround a core which is usually lumber, particleboard, or medium density fiberboard. Hardwood plywood may be pressed into panels or plywood components (e.g., curved hardwood plywood, seat backs, chair arms, etc.). Poplar wood is a species of wood most commonly used in the making of furniture, cabinets, wooden toys, plywood, etc. It is considered a hardwood, but is just about as easy to work with as pine boards or other soft woods. Poplar is a popular choice for interior work and is something that is always stocked throughout all of Builder locations. Poplar boards are white/ivory in tone with green or brown streaks running through the heartwood of the board. In addition, the wood is straight grained and uniform in texture. It has a medium density which allows paints and glues to adhere very well. Indian particle board and plywood industry dates back to the First World War. It has come a long way having grown nearly six-fold since its inception. The large producers account for 15% of the total production, producing some 38 mn sqm of plywood and blackboards. The ecological considerations had, however, placed the industry in jeopardy owing primarily to the restraints put on the use of timber. Alternate materials in form of agricultural wastes like stalks of cotton and wheat, rice husk and bagasse are slowly getting into the industry as raw material feeds. The Indian market for particle board and plywood is estimated in value terms, at over Rs 37 bn. Of the total market, particle board including medium density fiberboard (MDF board) accounts for nearly a quarter of the market. Nearly 85% of the particle board is supplied by the organized sector. Western India has emerged as the leader in the particle board segment. The Indian plywood market size reached US$ 4.5 Billion in 2019 and current Indian plywood market reached a value of INR 222.5 Billion in 2020. Plywood is manufactured by assembling thin layers of wood veneers bonded together using powerful adhesives. Global Plywood Industry reach 5 Billion by 2027, growing at a CAGR of 7.9% over the period 2020-2027. Hardwood, one of the segments analyzed is projected to grow at an 8.2% CAGR to reach US$58.8 Billion by the end of the analysis period. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players • Archidply Industries Ltd. • Asian Pre-Lam Inds. Pvt. Ltd. • Associate Decor Ltd. • Austin Plywood Pvt. Ltd. • Century Plyboards (India) Ltd. • Duroply Industries Ltd.
Plant capacity: Poplar Ply Board Size: 8' x 4' Thickness: 18mm:250.0 Nos. Per Day Eucalyptus Ply Board Size: 8' x 4' Thickness: 18mm:250.0 Nos. Per DayPlant & machinery: 260 Lakh
Working capital: -T.C.I: Cost of Project:536 Lakh
Return: 28.00%Break even: 63.00%
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Wood Plastic Composite (WPC)

Wood-plastic composites (WPCs) are a product class that has been developing over the last 40 years resulting in increased applications and expanded market share. More specifically, WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. They are used in a variety of structural and non-structural applications ranging from component and product prototyping to outdoor decking. WPC can be manufactured in a variety of colors, shapes and sizes, and with different surface textures. Depending on the processing method, WPCs can be formed into almost any shape and thus are used for a wide variety of applications, including windows, door frames, interior panels in cars, railings, fences, landscaping timbers, cladding and siding, park benches, molding and furniture. Wood is often used in plastics as a means to reduce price compared to a solid plastic product. Wood used in WPCs often comes from side streams such as sawdust produced while manufacturing lumber or recovered wood products, and is much cheaper to produce than the plastic that it replaces in many products. This often helps to reduce prices for consumers. Wood plastic composite is good to solve the problem arises in the environment. There is scope of use agricultural waste product. In this case we will use waste polypropylene or polyethylene, or it may be used virgin polypropylene or polyethylene, waste wood floor. Rice husk, plastic additives like (DOP, DBP etc.). There are different percentages of raw material used for the production of pallets decking, outdoor furniture like park bench, windows and door shutter frames etc. Indian particle board and plywood industry dates back to the First World War. It has come a long way having grown nearly six-fold since its inception. The large producers account for 15% of the total production, producing some 38 mn sqm of plywood and blackboards. The Indian market for particle board and plywood is estimated in value terms, at over Rs. 37 bn. Of the total market, particleboard including medium density fiberboard (MDF board) accounts for nearly a quarter of the market. Nearly 85% of the particleboard is supplied by the organized sector. The wood-plastic composites market is projected to reach USD 5.84 Billion by 2021, at a CAGR of 12.4% from 2016 to 2021. Based on application, the wood-plastic composites market has been segmented into building & construction products, automotive components, industrial & consumer goods, and others. Based on type, the market has been segmented into polyethylene (PE), polyvinylchloride (PVC), polypropylene (PP), and others. Entrepreneurs who invest in this project will be successful. Few Indian major players • Amazon Wood Pvt. Ltd. • Archidply Industries Ltd. • Aryan Enterprises Pvt. Ltd. • Asian Pre-Lam Inds. Pvt. Ltd. • Associate Decor Ltd. • Austin Plywood Pvt. Ltd. • Best Board Ltd.
Plant capacity: 10,000,000 Sq.Ft. per annumPlant & machinery: 142 Lakh
Working capital: -T.C.I: Cost of Project:687 Lakh
Return: 28.00%Break even: 57.00%
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English Willow Cricket Bat

A cricket bat is a specialized piece of equipment used by batsmen in the sport of cricket to hit the ball, typically consisting of a cane handle attached to a flat-fronted willow-wood blade. It may also be used by a batter who is making their ground to avoid a run out, if they hold the bat and touch the ground with it. The length of the bat may be no more than 38 inches (965 mm) and the width no more than 4.25 inches (108 mm). Its use is first mentioned in 1624. Since 1979, a law change stipulated that bats can only be made from wood. The willow used in making bats in Kashmir was brought in by the British, who ruled India, during the 1820s. The industry combines traditional tools with modern technology. Some of the districts where these bats are made in Kashmir are Anantnag, Baramula, and Pahalgam. Traditional Indian cricket bats are made in the regions of Jammu and Kashmir, Punjab, Haryana, Gujarat, Uttar Pradesh and Rajasthan. In Kashmir they are made out of willow found in northern India. Some bats made in Kashmir are of international standards and are/were used by national players in India Sunil Gavaskar, Virender Sehwag and Yuvraj Singh. English willow bats with minor visual defects such as grains which are not perfectly straight, or dis-colourations, are also cheaper. Geoffrey Boycott, former England captain and one of the most successful Test players in history, has stated that such bats will play just as well as better-looking ones and that players ought to buy the cheaper ones to get the same performance at a better price. Further, with projected demand of cricket bats expected to increase to 4 million per annum in the global market by the year 2020, the future of this industry looks very promising because the Kashmir willow comprises about 60 percent of the total bats manufactured in India. Additionally, with a compound growth rate of about 8.4 percent, the potential turnover from the export of this commodity is projected to increase to 100 million per annum in the year 2030. The top cricket bat manufacturers in India. Cricket Bats over the years have faced a massive change. Initially, it had followed two rules. Firstly, it should be a Kashmir willow or an English willow. Secondly, the dimensions will be 956 mm*108mm. But nowadays, the bats are customized according to the needs of the batsmen. Bats have carbon-reinforced fabric polymer down the bat, size of handles are varied, bats weigh less than the bats used in the 1990s, etc. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players • Adidas India Pvt. Ltd. • Hike Pvt. Ltd. • Nike India Pvt. Ltd. • Puma Sports India Pvt. Ltd. • Sanspareils Greenlands Pvt. Ltd. • Sporting & Outdoor Ad-Agency Pvt. Ltd.
Plant capacity: 6.7 Nos. Per DayPlant & machinery: 8 Lakh
Working capital: -T.C.I: Cost of Project:22 Lakh
Return: 29.00%Break even: 81.00%
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Maize Processing Unit (Starch, Glucose, Germs, Fibres, Gluten & Steep Water)

Globally, maize is known as queen of cereals because it has the highest genetic yield potential among the cereals. It is cultivated on nearly 150 m ha in about 160 countries having wider diversity of soil, climate, biodiversity and management practices that contributes 36% (782 mt) in the global grain production. The U.S. of America (USA) is the largest producer of maize contributes nearly 35% of the total production in the world and maize is the driver of the US economy. The USA has the highest productivity (> 9.6 t ha-1) which is double than the global average (4.92 tha-1). Whereas, the average productivity in India is 2.43 tha-1. In India, maize is the third most important food crops after rice and wheat. Besides food, maize and maize products have numerous industrial uses such as in adhesives, explosives and soaps, and for textile sizing, etc. Maize starch is employed in the manufacture of asbestos, ceramics, dyes, plastics, oil cloth, linoleum, paper, and paper boards, and in textiles, mining, deep oil drilling, and cosmetic and pharmaceutical industries. The derivatives of maize starch include glucose or corn syrup, corn sugar, dextrin, and industrial alcohol, which is employed in different industries. The grain is used for making various alcoholic beverages. Maize starch is extensively used as a sizing material in the textile and paper industries. In the food industry, it is used in the preparation of pies, puddings, lad dressings and confections. It is used to manufacture tablets, as a binder and used as a substitute to cellulose. It fulfils all specifications of pharmaceuticals. In textile Industry:- It improves weaving performance. It is used in textile finishing. It increases the stiffness of the fabric and improves the texture. Glucose syrup is used in the food processing industry, chiefly in confectionery. One of the main and most important uses of maize fiber is that it is used to prepare sweeteners, starches and ethanol. It thus finds use in several industries. India corn starch market is estimated to be valued at 1.37 Billion in 2018 and is estimated to grow at a CAGR of 3.9% during the forecast period 2019–2024. India Corn Starch market growth can be attributed to the easy availability of corn and its wide range of applications in various industries such as food and beverage, pharmaceutical, animal feed, textile industry, paper industry, and others. Thus, due to demand it is best to invest in this project. Few Indian major players • Aksharchem (India) Ltd. • Amaravati Agro Ltd. • Cargill India Pvt. Ltd. • Devi Corn Products Ltd. • Gayatri Bioorganics Ltd. • Gujarat Ambuja Exports Ltd.
Plant capacity: Maize Starch:30 MT per day Liquid Glucose:30 MT per day Gluten:4.50 MT per day Germs:6 MT per day Fiber:14 MT per day Steep Water:6 MT per dayPlant & machinery: 3206 Lakh
Working capital: -T.C.I: Cost of Project:4496 Lakh
Return: 21.00%Break even: 49.00%
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Packaged Drinking Water with PET Bottles

Humans need clean tasty and safe drinking water free from any microorganism when human is thirsty and is ready to pay substantially if need be. This is available in Pouch, Bottles and cans as per requirement of the customers. The water used for potable purposes should be free from undesirable impurities. The water available from untreated sources such as Well, Boreholes and spring is generally not hygienic and safe for drinking. Thus it is desirable and necessary to purify the water and supply under hygienic conditions for human drinking purpose. Bottled water is drinking water (e.g., well water, distilled water, mineral water, or spring water) packaged in plastic or glass water bottles. Bottled water may be carbonated or not. Sizes range from small single serving bottles to large carboys for water coolers. Bottled water is the most dynamic market of all the food and beverage industry. Mineral water is bottled under very hygienic conditions under strict quality control before being marketed. Its major use is in five star Hotels, Hospitals, tourist place, function & People houses where good quality pure water is required for potable purposes. It is marketed at places and regions where hygienic drinking water is not freely available. The bottled water industry in India witnessed a boom soon after BISLERI launched its packaged drinking water in the country. This significant growth was fueled by a surge in advertising by the industry players that "bottled water was pure and healthy" As it is being considered as healthy compare to tap water or other water sources, the people conscious about health are opt for bottled water of known brand. India's packaged bottled water industry is currently dominated by the top five players, including PARLE (BISLERI, BAILLERY), PEPSICO (AQUAFINA), COCA COLA (KINLEY), DHARIWAL (OXYRICH) AND NOURISH CO. (HIMALYAN). Apart from these other leading bottled water brands in India are: KINGFISHER, TATA WATER PLUS, QUA, BLUEFIN, OVIVO, etc. The market is expected to reach INR ~403.06 Bn by the end of 2023, from its current value of INR ~160 Bn, expanding at a compound annual growth rate (CAGR) of ~20.75% from 2018. Based on volume, the market is likely to reach ~35.53 Bn liters by 2023, expanding at a CAGR of ~18.25% from 2018 to 2023. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Packaged Drinking Water 200 ml Size Bottle:28,800 Bottles per Day Packaged Drinking Water 500 ml Size Bottle:28,800 Bottles per Day Packaged Drinking Water 1000 ml Size Bottle:38,400 Bottles per DayPlant & machinery: 306 Lakh
Working capital: -T.C.I: Cost of Project:632 Lakh
Return: 24.00%Break even: 51.00%
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Methyltetrahydrophthalic Anhydride (MTHPA)

Methyl TetrahydroPhthalic Anhydride (MTHPA). It is used in the production of adhesives, acrylic resins, paints & lacquers. It is one of the best solidifier or curing agent for epoxy resins. Methyl tetrahydrophthalic Anhydride, one of the MTHPA anhydride referred to as MTHPA, MeTHPA, has two isomers, namely 4-methyltetrahydrophthalic anhydride and 3-methyltetrahydrophthalic anhydride, having a melting point of 65°C and 63°C. It is rarely used as a curing agent alone. The actual commodity is a liquid mixture that isomerized to various isomers. The molecular weight is 166.17, and light yellow color, transparent oily liquid, relative density of 1.20-1.22. Freezing point <-20°C. The boiling point is 115-155°C. Viscosity (25°C) 40-80 mPa•s. The refractive index is 1.4960 to 1.4980. The anhydride group content is ? 40%. MTHPA is mainly used as a curing agent for epoxy resins. It has a low tendency to absorb moisture from the air and zero or minimal formation of carbon dioxide when mixed with tertiary amine accelerators. MTHPA can be easily blended with various liquid resins providing stable, low viscous mixture and long pot lives. In the field of reinforced plastics, it is used for filament wound products (pipes for oil, poles and sport goods), laminated sheets, and printed circuit boards, switch gears. Thanks to its excellent insulating properties, MTHPA found a lot of applications for the production of electrical parts such as: capacitors, resistors, wiring parts transformers, ignition coils, fly back transformers. The Methyltetrahydrophthalic Anhydride (MTHPA) market will depend on market share (sales and revenue) of key companies and growth opportunities of the Methyltetrahydrophthalic Anhydride (MTHPA) market by type, application, key manufacturers and key regions and countries. The market is expected to reach $14.19 billion in 2025 at a CAGR of 5%. Entrepreneurs who invest in this project will be successful.
Plant capacity: 16,000 Kgs Per DayPlant & machinery: 234 Lakh
Working capital: -T.C.I: Cost of Project:897Lakh
Return: 28.00%Break even: 57.00%
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Adhesive (Fevicol Type)

“Adhesive” as a general term includes cement, mucilage, glue, and paste-terms that are often used interchangeably for any organic material that forms an adhesive bond. Fevicol type adhesives come under the category of synthetic resins and latex adhesives are made from polyvinyl acetate is a thermoplastic, odourless, tasteless, non-toxic, essentially clear and colourless resin. It has a non-crystalline and relatively branched rather than linear structure. Most grades of resin have a somewhat broad molecular weight distribution. They do not melt, but soften over a temperature range. The resin is unaffected by sunlight, ultraviolet light and air, furthermore it will absorb a small amount of water. Polyvinyl acetate is neutral and non-corrosive. Because of their relatively low cost, ready availability, wide compatibility and excellent adhesive characteristics, many polyvinyl acetate resins, solutions and emulsions are treated as commodity items by the adhesives industry. Most of the differences in physical properties among polyvinyl acetate grades are primarily a function of molecular weight. Adhesives are made in various types and may be synthetic or natural. The term synthetic adhesive means the adhesive which is prepared by using synthetic chemicals such as synthetic resin. These adhesive are adaptable to high speed machinery in paper conversion and packaging fields and find place as wood adhesives Polyvinyl acetate is now used in adhesives for various application including the following:- 1. Book Binding. 2. Paper Bags. 3. Milk Car. 4. Drinking Straws. 5. Envelopes. 6. Gummed Tapes. 7. Folding Boxes. 8. Multi - Wall Shipping Bags. 9. Labels, Film and Paper Boards. Use as an emulsion, soluble in water, it is particularly useful for glueing porous materials, particularly for wood, paper and cloth. Over the last few years, the adhesive business has seen global players setting up new capacities in India. With customs duty nearing ASEAN levels, competition will further intensify from imports as well as the low cost local players. Adhesives market in India is projected to cross US$ 1.3 billion by 2025. The market size of all types of adhesives is very large and growing. Of this, the premium products account for some 45%. Quantitatively, the overall market size is growing annually at 11%. Thus, due to demand it is best to invest in this project. Few Major Indian Players:- • Anabond Ltd. • Arofine Polymers Ltd. • C I C O Technologies Ltd. • Century Plyboards (India) Ltd. • D H Resins & Chemicals Pvt. Ltd. • D I C India Ltd. • F C L Technologies & Products Ltd.
Plant capacity: 1.0 MT per DayPlant & machinery: 47 Lakh
Working capital: -T.C.I: Cost of Project:165 Lakh
Return: 27.00%Break even: 62.00%
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Bitumen •Polymer Modified Bitumen •Bitumen Emulsion •Cutback Bitumen

Bitumen is an important low-cost thermoplastic which finds many applications as a building and engineering material; however, bitumen has poor mechanical properties as it is hard and brittle in cold environments and soft and fluid in hot environments. One of the many ways of toughening bitumen is by blending it with synthetic polymers, which can be either virgin or waste polymer. The only materials that have shown a real ability to improve all the required properties are polymers, including thermoplastic, thermo hardening, and elastomeric polymers. Bitumen emulsion is a mixture of fine droplets of bitumen and water. But as the bitumen is a petroleum product it doesn’t mix with water and as it is sticky in nature, it doesn’t easily gets disintegrated into fine droplets for this an emulsifier is used. Cutback bitumen is a range of binders that are produced by blending (mixing) penetration grade bitumen and a hydrocarbon solvent, such as paraffin or mineral turpentine. The primary aim of the modification of bitumen for use in structural layers is to increase the resistance of these layers to permanent deformation at high road temperatures without compromising the properties of these layers over the rest of the prevailing temperature range. • The use of polymer modified bitumen to obtain improved performance is rising as a result of increases in tire pressures, axle loads, and higher traffic volumes. • Improved performance can be achieved in two ways, both of which are aimed at reducing the permanent strain: • An increase in the elastic component with an associated reduction in the viscous component; and Stiffening of the bitumen to reduce the total viscoelastic response of the layer Asia Pacific is expected to be the fastest-growing market and is expected to witness gains at a CAGR of 3.0% from 2016 to 2024 in terms of volume. Government initiatives to construct roads to access rural areas is projected to propel the demand for bitumen over the forecast period. ). As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Polymer Modified Bitumen:4.0 MT Per Day Bitumen Emulsion:8.0 MT Per Day Cutback Bitumen:8.0 MT Per DayPlant & machinery: 95 Lakh
Working capital: -T.C.I: Cost of Project:540 Lakh
Return: 30.00%Break even: 80.00%
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Profitable Business Opportunities in Cold Storage Business. Refrigerated Storage and Warehousing Industry.

Introduction: Since cold storage uses advanced technologies, it is slightly more expensive than standard storage, and most companies use third-party warehousing facilities to meet their warehousing needs. Chillers, cold rooms, pharmaceutical grade cold storage, and refrigerated containers are all examples of cold storage. A cold storage facility may be a good place to store fruits and vegetables, and it can also be used to extend the life of food and avoid spoilage. Foods that have been processed, such as fish and beef, need preservation. Foods and a number of other resources are protected by storage, which prevents microorganism development. Cold Rooms are a smart idea because they keep things much colder than room temperature. Related projects:- Cold storage, Controlled Atmosphere Storage, Multipurpose, Multi-commodity Cold Storage, Food, Vegetables & Fruits Storage, Refrigerated Warehousing, Cold Chain, Industrial cold rooms, Warehouse & Rural Godowns for short term and long term storage A cool store, also known as a cold store, is a large refrigerated room or building used to store products in an atmosphere that is cooler than the ambient temperature. Fruit, vegetables, fish, and meat are examples of products that need refrigeration. Cold stores are often found near shipping ports where goods are imported and exported. Non-living foods are more difficult to maintain because they are vulnerable to spoilage. The issue is preventing decay and putrefaction of dead tissues. Meat and fish products can only be kept for a long time by freezing them and then storing them at temperatures below -15oC. Freezing is only useful for a few fruits and vegetables. However, when it comes to fruits and vegetables, the recommended storage temperature and humidity must be strictly adhered to, as any deviation would have a detrimental impact on the stored product, possibly resulting in its loss. When the world's population grows, so does the market for perishable products like fruits and vegetables? To keep these types of products from spoiling, they must be stored in cold storage facilities. Related Books:- Infrastructure, Hospitality, Medical, Entertainment, Warehouse, Real Estate, Education, Cold Storage, Cold Chain, Controlled Atmosphere Storage & Rural Godowns Benefits of using cold storage The word "cold storage" is used to describe not only the method of storing vegetables and fruits, but also potatoes and fish. Instead, it discusses how they are transported from one place to another. In most countries, export is a big industry. Products such as fish, vegetables, and fruits are exported through oceans on a regular basis. It's also unavoidable for companies to find out the best places to store and ship them. This is where vegetable and fruit cold storage, as well as fish cold storage, come into play. Many businesses would be difficult to run without the assistance of reliable cold storage equipment. Freezers and cold lockers have opened up new business possibilities as well! Cold storage and freezer systems will assist with selecting the appropriate equipment, shipping items around the world, and even properly packaging products. Deeper temperatures are used in fish and meat storage facilities. This is mostly due to the rapid rotting of fish and other meat types. So, if you really want to benefit from your catch, make sure the fish and meat varieties are properly stored. End users must have similar facilities for storing fish for longer periods of time in addition to fish cold storage for shipping. For the most part, lock down freezers are used to store fish. Related Videos:- Cold storage, Cold Chain, Controlled Atmosphere Storage, Refrigerated Warehousing, Warehouse & Rural Godowns, Temperature Controlled Supply Chain Operational Method Cold storage facilities act as a critical connection between farmers and consumers. Cold storages are in high demand due to the rapid growth of the food and related industries. Cold storages are essential binders for extending shelf life, marketing cycles, reducing post-harvest losses, and avoiding transportation issues during peak production periods and preserving quality. Maintaining a sufficiently low temperature is important, as otherwise the produce would suffer from chilling injury. Also, for most perishables, the relative humidity of the storeroom should be kept at 85-90 percent, as anything lower has a negative impact on the produce's quality. There are a number of refrigeration systems and methods, but the most common is the Vapour Compression Refrigeration Method, which has a higher efficiency coefficient than the Vapour Absorption System. The 'Vapor Compression Refrigeration' cycle is also used in the cold storage plant. Cooling is based on the second law of thermodynamics (the Clausius argument for a heat pump). According to the second law, extra energy is required to transfer heat from a low-temperature body to a high-temperature body. Compressor power is the amount of effort or energy required to keep the cooling process going. Market Research; - Market Research Report Marketing Overlook Cold storage is critical for maximizing shelf life, marketing time, eliminating gluts, reducing transportation bottlenecks during peak production periods, and maintaining product quality. As a result, the growth of the cold storage industry plays an important role in reducing perishable product wastage and thus providing remunerative prices to growers. The strict regulations regulating the manufacture and delivery of temperature-sensitive goods have benefited the industry significantly. In addition, increasing automation in refrigerated warehouses is expected to push up demand even further. Cloud technology, robotics, conveyor belts, truck loading automation, and energy management are all examples of warehouse automation. When it comes to shipping and storing temperature-sensitive goods, chilled storage has become an essential aspect of Supply Chain Management (SCM). The Global Cold Storage Market offers a detailed overview of the industry. This report provides a detailed review of key segments, patterns, drivers, constraints, the competitive landscape, and other relevant market factors. The strong demand for cold storage across several countries as a result of increasing international trade, as well as the growth of multinational companies in the retail sector, are the major factors driving the market's growth. The cold storage warehouse industry is one of the brightest lights in the commercial real estate market, beckoning real estate investors to join in on one of the most notable success stories in recent years. Profile- Project Reports & Profiles Government Subsidies: Via various tax exemptions and subsidies, the government has established a range of schemes to promote cold storage and warehousing in India. The Indian government has taken a number of steps to improve and develop the country's cold storage and warehousing industry. This has been accomplished through the introduction of a number of carefully crafted schemes aimed at assisting this industry with all of the requirements necessary for its continued growth, ease of doing business, attracting foreign investors, and thereby expanding its market share in the economy. Several tax breaks and incentives have been given to ensure that this sector expands at the same pace as the rest of the economy. The National Horticulture Board (NHB), National Horticulture Mission (NHM), Agricultural and Processed Food Products Export Development Authority (APEDA), and Ministry of Food Processing Industry are among the organizations that have earned exemptions and benefits (MoFPI), The Mission for Integrated Growth of Horticulture (MIDH) works alongside the Department of Agriculture and Cooperation to expand and improve the cold storage industry in India with their full and complete cooperation. Thus, the primary goal of these cold storage schemes is to provide an integrated cold chain and preservation infrastructure facility free of any breaks from the farm gate to the final user. Ministry of Food Processing Industry (MoFPI): This scheme offers financial assistance in the form of grant-in-aid to industry players for technical civil works and all qualifying plant and machinery up to a limit of Rs. 10 crore per project. Mission for Integrated Development of Horticulture (MIDH): Multi-chamber cold storage units with energy-efficient technology, as well as provisions for thermal insulation, humidity control, advanced cooling systems, automation, and other features, are eligible for any assistance needed for the establishment of new cold storage infrastructures. According to the ministry's guidelines, which contains requirements and standards. At the same time, under the NHM or Horticulture Mission for the North-Eastern States and the Himalayan States (HMNEH) sub-schemes, cold storages consisting of long-term storage and distribution hubs with a capacity of up to 5000 MT have been provided for and promoted. National Horticulture Board (NHB): Any establishment of cold storage units with a capacity of more than 5000 MT but less than 10000 MT, as well as their modernization processes, are eligible to receive capital investment subsidies under the NHB scheme for the development, extension, and modernization of their cold storage for horticulture products. This is a sub-scheme of the MIDH as well. Furthermore, this is an open-ended credit-linked scheme with a scale of assistance of 40% of the total project capital cost but restricted to Rs. 30 lakhs per project in General Areas, and 50% limited to Rs 37.50 lakhs per project in North-Eastern, Hilly, and Scheduled Areas of the country. National Horticulture Mission (NHM): Both cold storage units that fall under the category of long-term storage and distribution hubs with a capacity of up to 5000 MT are eligible for assistance under the NHM/HMNEH open-ended scheme, which is a sub scheme of MIDH. As provided under the operational guidelines under the MIDH programme, such assistance is provided as a subsidy to credit related projects at 35 percent of the capital cost of the project in General Areas and 50 percent in North-Eastern, Hilly, and Scheduled Areas. Small Farmer Agri-Business Consortium (SFAC) Assistance: Any cold storage unit that is part of an integrated value chain project is eligible for subsidies as long as the cold storage portion does not account for more than 75% of the total financial outlay (TFO) of the project. According to the Integrated Scheme for Agricultural Marketing (ISAM) and the operational guidelines given under the same, the scale of assistance as subsidy to all such projects is set at 25% of the capital cost with a maximum ceiling of Rs.2.25 crores in General Areas and 33.33 percent with a ceiling of Rs.4 crores in North-Eastern states, Hilly and Scheduled Areas. The government has encouraged the establishment of post-harvest infrastructure in order to increase and double the income produced by farmers, as well as to reduce any post-harvest losses. Key Players:- • Adani Agri Fresh Ltd. • Harshna Ice & Cold Storage Pvt. Ltd. • Crystal Logistics Cool Chain Ltd. • Gubba Cold Storage Pvt. Ltd. • Samagra Agribusiness Services Pvt. Ltd. ? For More Details: https://niir.org/profile-project-reports/profile/2418/india-emerging-business-opportunities-cold-chain-sector-why-invest-project-potential-core-financials-market-size-industry-analysis.html #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #ColdStorage #ColdStorageIndustry #ColdStorageBusiness #ColdStorageMarket #ColdStoragePlant #ManufacturingPlant #ProductionPlant #LargeScaleColdStorage #coldchainindustry #ColdStorageInvestment
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Production of Micronutrients Fertilizer. Most Profitable Industries to Launch Startups.

Introduction: Nutrients are needed for the survival of all living things. Plants, too, require vital nutrients in order to complete their life cycle. Carbon, Hydrogen, and Oxygen are all naturally occurring elements that are not supplied to plants. Major nutrients such as nitrogen, phosphorus, and potassium are needed in greater amounts by plants and must be supplied on a regular basis. Calcium, Magnesium, and Sulphur are secondary nutrients that are needed in smaller amounts than main nutrients. Micronutrient Fertilizer is required in very limited amounts by plants and plays an important role in their physiology. Related projects:- Disinfectants, Pesticides, Insecticides, Mosquito Repellents, Destroyers, Phenyl, Fertilizer, Fungicides, Herbicides, Plant Regulator, Plant Growth Regulator, Mixture, Intermediates, Agrochemicals, Bio Stimulate, Growth Activator, Organic Pesticides Zinc [Zn], Boron [Bo], Iron [Fe], Manganese [Mn], Copper [Cu], Molybdenum [Mo], Silicon [Si], Nickel [Ni], Cobalt [Co], and Sodium [Na] are all micronutrients. Plant micronutrients play an important role in flower initiation, fertilization, fruit set, and disease resistance. Sulfates are the most common micronutrient fertilizer sources for Zn, Cu, and Mn, but chelates are the most common Fe source, and borax and sodium molybdate are used for B and Mo, respectively. The soil property that has the greatest effect on micronutrient availability is soil pH, and for all but Mo, the higher the pH, the lower the plant availability. Liming, according to Mo, will potentially avoid deficiencies. Organic matter content, particularly for Cu, oxidation/reduction conditions, especially for Fe and Mn, soil texture, Fe and Al oxide content, and soil moisture conditions are also essential in bioavailability. Uses and Types of Micronutrients: We're all familiar with the basic nutrients for plants: nitrogen, phosphorous, potassium, magnesium, calcium, and sulphur. They're known as macronutrients. However, there is a long list of plant micronutrients that are also important for the health of your plants in far smaller amounts. These micronutrients, such as boron, iron, zinc, and others, not only promote healthy growth, but also aid in the fight against pests and diseases in your garden. Related Books:- Biofertilizer, Biofertiliser, Biogas, Organic Farming, Vermicompost, Vermiculture, Biotechnology Adding organic compost to your garden soil is the safest long-term way to keep it rich in the micronutrients it needs. Compostable materials such as grass clippings, leaves, plant trimmings, and table scraps already contain a variety of micronutrients. Their presence in your compost means that certain micronutrients are returned to the soil. Many regions have increased their use of micronutrients as a result of increased information gained over the last 25 years about plant requirements, sources, and the most successful methods of applying them. Higher crop yields, which are generally the product of higher NPK fertilizer prices, can also result in increased micronutrient requirements. Furthermore, the rapid change in the tropics to higher-analysis fertilizers like urea, triple superphosphate, and ammonium phosphate has reduced the amount of micronutrients added to the soil as fertilizer contaminants. Micronutrients are small amounts of basic elements used by plants. Crop absorption of most micronutrients is less than one pound per acre. Despite this low requirement, if micronutrients are not available, essential plant functions are hampered, resulting in plant abnormalities, reduced growth, and lower yield. In such situations, costly, high-demand crop inputs like nitrogen and water can be squandered. Growers are evaluating all possible obstacles to top grain production, including micronutrient shortages, as a result of higher yields, higher commodity prices, and higher crop input costs. Related project:- Micronutrients Fertilizer Production Process: By simply mixing the process with the right formula, a specific fertilizer grade of mixed micronutrients can be created. Micronutrients are divided into two categories based on their use. The one for foliar spray is different from the one for soil application. Micronutrients are essential for providing healthy nutrition to plants, and a lack of them can limit crop growth. One of the major factors driving the market's growth is the increasing occurrence of micronutrient deficiencies in soils around the world. Market Outlook: The Global Micronutrient Fertilizers Market is expected to expand at a rate of 10.2% over the next five years. However, the prevalence of micronutrients in soil is now decreasing at a faster rate, allowing for their artificial addition. This is where the micronutrient fertilizer industry has a lot of space to develop. The global Micronutrients Fertilizers market has the following segments based on the type: Boron, Copper, Iron, Manganese, Molybdenum, Zinc, and Others. The increase in soil degradation due to extensive cultivation and shrinking farmland will drive the micronutrient fertilizers market. Based on type, the global Micronutrients Fertilizers market is segmented into the following categories: Boron, Copper, Iron, Manganese, Molybdenum, Zinc, and Others. The demand for micronutrient fertilizers would be motivated by a rise in soil depletion due to intensive agriculture and diminishing farmland. Furthermore, rising demand for high-value crops such as fruits and vegetables would drive up demand for micronutrient fertilizers. The micronutrient fertilizers market is likely to be hindered by limited product availability. Related Videos:- Fertilizers, Biofertilizer, Inorganic Fertilizers (Mineral Fertilizer), NPK, Nitrogen Fertilizer, Nitrogenous Fertilizer, Diammonium Phosphate Projects Increased agricultural investment in developed countries, on the other hand, would open up opportunities for the micronutrient fertilizer industry. Based on feature, the global market for micronutrient fertilizers is divided into the following segments: soil, foliar, fertigation, and others. The agricultural micronutrients market is expected to expand due to factors such as increasing soil micronutrient deficiencies and rising awareness about food security. In terms of both value and volume, Asia-Pacific was the largest market for crop micronutrients. The rising demand for high-quality food, as well as farmers' increased awareness and acceptance of micronutrients, are some of the major factors driving the crop micronutrients market in Asia Pacific. Furthermore, the crop micronutrients market in this area is expected to be driven by an increase in agricultural practices and the demand for high-quality agricultural produce. Government Policy Micronutrients Fertilizers: India is a zinc-deficient country, according to an ICAR report under the Ministry of Agriculture and Farmers Welfare, with about 37% of soil samples analyzed for accessible zinc being found deficient. Owing to zinc deficiency, the World Health Organization (WHO) estimates that about 800,000 people die each year as a result of zinc deficiency, with 450,000 of them being children under the age of five. Low zinc intake could affect 60-70 percent of the population in Asia and Sub-Saharan Africa, according to estimates. Profile- Project Reports & Profiles This amounts to about 2 billion people in Asia and 400 million people in Sub-Saharan Africa in absolute terms. Zinc malnutrition has resulted from widespread zinc deficiency in humans, especially in developing countries like India. This has drew the attention of India's government and politicians, raising consciousness about the value of zinc in human health. In terms of fertilizer policy, the position of zinc was targeted through an Rs 500 per ton additional subsidy under the Nutrient Based Subsidy (NBS) Scheme, which was launched in 2010. Under the National Food Security Mission (NFSM), the government is actively promoting the use of zinc by providing farmers with an additional subsidy of Rs 500 per hectare for using micronutrients, including zinc fertilizers. Big fertilizer companies are also making forays into the zinc fertilizer market in India. Key Players: 1. Abellon Agrisciences Ltd. 2. Agro Extracts Ltd. 3. Aries Agro Ltd 4. Bayer Cropscience Ltd. 5. Champion Agro Ltd. 6. Coromandel Agro Products & Oils Ltd. 7. Good Value Mktg. Co. Ltd. For More Details:- https://www.niir.org/profile-project-reports/profile/2890/micronutrients-fertilizer.html
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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