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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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Start Profitable Business of Milk Processing (Milk and Milk Powder) | Right time to become a Milk Processing manufacturer

The dairy industry in India has been witnessing rapid growth. The liberalized economy provides more. Opportunities for MNCs and foreign investors to release the full potential of this industry. The main aim of the Indian dairy industry is only to better manage the national resources to enhance milk production and upgrade milk processing using innovative technologies. Some properties of milk are: ghee, cheese, curd etc. Milk is very important part of human life and it is the main food of nutrients for human being. Anyone might want to capitalize on the largest and fastest growing milk and milk products market. That’s why dairy is most common and beneficial industry. Visit this Page for More Information: Start a Business in Dairy & Milk Processing Industry Uses/Applications: An automatic milk processing plant can be used for various purposes, such as producing milk powder, cheese, butter, and yogurt. The plant can also be used to process raw milk into pasteurized milk. The main benefits of setting up an automatic milk processing plant are the increased efficiency and safety. Automation saves time by eliminating manual labor in milk handling and milk processing steps, making it more cost-effective in the long run. With less risk of contamination due to human error, consumers get fresher products with better quality control. Related Business Plan: Dairy Farm for Milk Production Manufacturing Process: 1. The first step is to gather all of the supplies. This includes a milk processing plant, milk powder, and containers to store the finished product. 2. You will need to set up the processing plant according to the manufacturer's instructions. 3. Once the plant is set up, you can begin adding milk powder to the machine. 4. The machine will then process the milk powder and produce milk that is ready to drink. Read Similar Articles: MILK & DAIRY PRODUCTS 5. To make milk powder, you will mix water with powdered milk in a container until it has an even consistency. Watch Video: Market Research Report on Milk Processing | Dairy Products in India by NPCS Benefits of starting Epoxy Milk Processing Automatic Plant (Milk and Milk Powder) business: There are many benefits to starting a milk processing automatic plant business. 1. Will be able to provide a high-quality product to your customers. 2. You will be able to create jobs for people in your community. 3. You will be able to generate income for yourself and your family. 4. You will be able to improve the quality of life for people in your community. 5. You will be able to make a positive impact on the environment. 6. You will also be able to control the price of your product, as well as the packaging and branding. 7. Another benefit is that you can automate the production process, which will save you time and money. Related Feasibility Study Reports: Milk & Dairy Products, Butter, Cheese, Ghee, Ice Creams, Chocolate, Curd, Lassi, Flavored Milk , UHT Milk, Fluid Milk, Milk Powder, Skimmed Milk Powder Non-Dairy Cream, Buttermilk, Condensed Milk, Cottage Cheese, Casein, Yogurt, value added Dairy Products Market size in India: The global Dairy Processing Equipment market is anticipated to reach a value of around USD 14.3 million by 2028. The industry has a promising growth potential due to a number of reasons, including increased automation in dairy product processing and increasing supply and consumption of milk and other dairy products. The industry is expanding as people become more aware of the health and nutritional benefits that dairy products have. As a result, dairy processing firms are concentrating on low-fat, organic, and nutrient-fortified dairy products, which necessitate the use of sophisticated dairy processing machinery. Read our Books Here: Milk Processing, Dairy & Dairy Products, Poultry Industries Global market outlook: The growing demand for processed milk and milk powder in developing countries is the key factor driving the growth of the milk processing industry. The rising demand for dairy products, coupled with the increasing trend of automation in the food and beverage industry, is driving the growth of this market. Watch other Informative Videos: Food Processing and Agriculture Based Projects Industry Major Market Players: • Danone • Nestle • FrieslandCampina • Arla • Vreugdenhil Dairy • Alpen Dairies • California Dairies • DFA • Lactalis • Land O’Lakes • Fonterra • Westland • Tatura • Burra Foods • MG • Ausino • Yili • Mengniu • Feihe • Wondersun See More Links: • Start a Business in Asia • Start a Business in Potential Countries for Doing Business • Best Industry for Doing Business • Business Ideas with Low, Medium & High Investment • Looking for Most Demandable Business Ideas for Startups • Startup Consulting Services • Start a Business in Africa • Start a Business in India • Start a Business in Middle East • Related Videos • Related Books • Related Projects • Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing Of Red Chilli Oleoresin

A pure natural extract of chilli peppers is called chilli oleoresin. It has a strong, pungent flavor and is used as a spice and food flavoring. Chili peppers are ground up and their oils are extracted to create chilli oleoresin. The end result is a potent, thick, scarlet paste that is extremely concentrated. It may greatly increase the heat and flavor of meals when used in cooking. Oleoresins are viscous substances that resemble resin that are produced when a spice is extracted using a hydrocarbon solvent. Vacuum distillation is used to extract the solvent and reuse it. Oleoresins are weaker than the comparable essential oils and have flavors that are between 5 and 20 times stronger than the corresponding spices. A natural food colouring agent called paprika oleoresin is used to give foods with a liquid/fat phase a deep red hue. At room temperature, the oleoresin is a homogenous, slightly viscous crimson liquid with acceptable flow characteristics. Although there is a significant potential for exporting natural colouring agents in the worldwide markets, particularly paprika with low pungency and high colour value, the paprika kind of chilli is now farmed in very small quantities in restricted locations in India. Capsaicin, the compound that gives chilli peppers their distinctive heat, is the primary active component in chilli oleoresin. Numerous other health advantages of chilli oleoresin, such as its capacity to reduce pain, enhance circulation, and speed up metabolism, are also attributed to capsaicin. Uses and Application Chili oleoresin can be utilized to produce distinctive flavors, colors, and textures in the food sector. Additionally, it can be used as an ingredient in non-food products like cosmetics, detergents, plastics, and medications. That is adaptable to many different dishes. It is ideal for adding heat and flavor to sauces, marinades, stews, and soups. Additionally, it can be applied to meats or vegetables as a rub. Additionally, it is utilized in a few Western cuisines, most notably Texas-style chilli. It has many uses, such as a natural colorant, a food flavoring, and a component in cosmetics and personal care products. Sauces, soups, and marinades can all benefit from the heat and flavor that chilli oleoresin provides. It can also be used to give soaps and creams blazing crimson colours. Chili oleoresin, a substance used in cosmetics, can give lipsticks and other products a rich red hue. Indian Market It has many uses, such as a natural colorant, a food flavoring, and a component in cosmetics and personal care products. Sauces, soups, and marinades can all benefit from the heat and flavor that chilli oleoresin provides. It can also be used to give soaps and creams blazing crimson colours. Chili oleoresin, a substance used in cosmetics, can give lipsticks and other products a rich red hue. One of the top producers and exporters of spice oleoresins is India. Despite this, there is almost no or very little domestic demand for this commodity. Pepper, ginger, cardamom, chilli, turmeric, celery, and other spices are the principal oleoresins/oils produced and exported from India. About 80% of India's total production is exported, primarily to the USA, Canada, and West Europe. According to an international survey, there is an estimated 1800 MT demand for spice oleoresins. India makes up about 50% of this. There are now 12 manufacturing and exporting facilities in India. Due to the fact that the utilization mostly depends on export demand, they are not operating at full capacity. In this situation, it would be wise to pursue market alliances in order to ensure sales and secure a piece of the present and future demand for various goods. Oleoresins are gaining popularity in the beverage sector because they have an excellent foundation flavor and a simple flavor character. In addition, these are used to give natural color to beverages, which raises the demand for oleoresins and, as a result, the market's expansion. Oleoresins come in a vast variety, giving manufacturers the chance to create new or enhanced natural foods and flavorings. Instead of utilizing flavorful marinades, some manufacturers prepare their marinades and other forms of spices. In addition, the usage of oleoresins in the preparation of sauces, marinades, mayonnaise, and pickles drives up demand for them. Industry Major Market Players: 1.Chenguang Biotech Group Co. Ltd. 2.Kancor Ingredients Ltd. 3.Kalsec Inc. 4.Universal Oleoresins 5.Givaudan 6.Akay Group Ltd. 7.Synthite Industries Ltd. 8.AVT 9.Indo-World 10.Paprika Oleo's India Limited 11. Paras Perfumers 12. Manohar Botanical Extracts Pvt. Ltd. 13. Naturite Agro Products Ltd 14. MRT GREEN PRODUCTS 15. All-Season Herbs 16. TMV Aroma 17. Plant Lipids 18. Ozone Naturals
Plant capacity: Chilli Oleoresin:6,250 Kg Per DayPlant & machinery: 1988 Lakhs
Working capital: -T.C.I: Cost of Project:3250 Lakhs
Return: 25.00%Break even: 49.00%
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Production Of Chilli Oleoresin

A natural food coloring agent called paprika oleoresin is used to give foods with a liquid/fat phase a deep red hue. At room temperature, the oleoresin is a homogenous, slightly viscous crimson liquid with acceptable flow characteristics. Although there is a significant potential for exporting natural coloring agents in the worldwide markets, particularly paprika with low pungency and high color value, the paprika kind of chilli is now farmed in very small quantities in restricted locations in India. Oleoresins are viscous substances that resemble resin that are produced when a spice is extracted using a hydrocarbon solvent. Vacuum distillation is used to extract the solvent and reuse it. Oleoresins are weaker than the comparable essential oils and have flavors that are between 5 and 20 times stronger than the corresponding spices. A natural food coloring agent called paprika oleoresin is used to give foods with a liquid/fat phase a deep red hue. At room temperature, the oleoresin is a homogenous, slightly viscous crimson liquid with acceptable flow characteristics. Although there is a significant potential for exporting natural coloring agents in the worldwide markets, particularly paprika with low pungency and high color value, the paprika kind of chilli is now farmed in very small quantities in restricted locations in India. Capsaicin, the compound that gives chilli peppers their distinctive heat, is the primary active component in chilli oleoresin. Numerous other health advantages of chilli oleoresin, such as its capacity to reduce pain, enhance circulation, and speed up metabolism, are also attributed to capsaicin. Uses and Application That is adaptable to many different dishes. It is ideal for adding heat and flavour to sauces, marinades, stews, and soups. Additionally, it can be applied to meats or vegetables as a rub. Additionally, it is utilized in a few Western cuisines, most notably Texas-style chilli. It can also be used to give soaps and creams blazing crimson colours. Chili oleoresin, a substance used in cosmetics, can give lipsticks and other products a rich red hue. Oleoresin capsicum, which is frequently used as the base for tear gases, is one of the more medicinally useful oleoresins. Additionally, they are known to be used as food coloring agents, soaps, and cosmetics. The world's most popular natural red color is that of this object. Applications: Due to its pungent effect, it is employed as a flavoring agent in food products. Chilli oleoresin is a typical coloring agent used to add a variety of red colours to foods, beverages, and medications. Safety equipment: It can temporarily blind a person and is used to manufacture safety equipment for girls. Capsaicinoids serve as a preservative by protecting meat and other food products from microbial growth. Indian Market By 2030, the global oleoresins market is projected to develop at a CAGR of 6.04% and reach 2.27 billion. Oleoresins are volatile or non-volatile substances that are generated when spices are extracted using non-aqueous solvents. One of the top producers and exporters of spice oleoresins is India. Despite this, there is almost no or very little domestic demand for this commodity. Pepper, ginger, cardamom, chilli, turmeric, celery, and other spices are the principal oleoresins/oils produced and exported from India. About 80% of India's total production is exported, primarily to the USA, Canada, and West Europe. Oleoresins are gaining popularity in the beverage sector because they have an excellent foundation flavor and a simple flavor character. In addition, these are used to give natural color to beverages, which raises the demand for oleoresins and, as a result, the market's expansion. Oleoresins come in a vast variety, giving manufacturers the chance to create new or enhanced natural foods and flavorings. Instead of utilizing flavorful marinades, some manufacturers prepare their marinades and other forms of spices. In addition, the usage of oleoresins in the preparation of sauces, marinades, mayonnaise, and pickles drives up demand for them. Industry Major Market Players: 1.Chenguang Biotech Group Co. Ltd. 2.Kancor Ingredients Ltd. 3.Kalsec Inc. 4.Universal Oleoresins 5.Givaudan 6.Akay Group Ltd. 7.Synthite Industries Ltd. 8.AVT 9.Indo-World 10. Paprika Oleo's India Limited 11. Paras Perfumers 12. Manohar Botanical Extracts Pvt. Ltd. 13. Naturite Agro Products Ltd 14. MRT GREEN PRODUCTS 15. All-Season Herbs 16. TMV Aroma 17. Plant Lipids 18. Ozone Naturals
Plant capacity: Chilli Oleoresin:7,500 Kg Per DayPlant & machinery: 2192 Lakhs
Working capital: -T.C.I: Cost of Project:3533 Lakhs
Return: 27.00%Break even: 47.00%
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ZINC INGOTS Manufacturing Business | Best Idea For Startup Business

Zinc ingot is a block or bar of pure zinc metal that is white or grey in color and suitable for further metal processing. Solid-state, crystallization, and ultra-high purification procedures, including sublimation, are used to create the zinc ingot. With the atomic number 30 and the symbol Zn, zinc is a chemical element. At normal temperature, zinc is a slightly brittle metal that, when its oxidation is eliminated, appears silvery-grey. It is the first element in the periodic table's group 12 (IIB). Zinc and magnesium share a few chemical characteristics, including a single normal oxidation state (+2) and similar-sized Zn2+ and Mg2+ ions. With an annual production of around 13 million tonnes, zinc is the fourth most used metal after iron, aluminium, and copper. Nyrstar, a result of the amalgamation of the Australian OZ Minerals and the Belgian Umicore, is the largest producer of zinc in the world. Mining accounts for over 70% of the world's zinc production, with secondary zinc recycling providing the remaining 30%. Special High Grade, frequently abbreviated as SHG, is the name given to commercially pure zinc, which is 99.995% pure. Uses and Application Many different items, including paints, rubber, cosmetics, medications, plastics, inks, soaps, batteries, textiles, and electrical equipment, are made using zinc oxide. Galvanizing is the process of coating steel items with zinc to make them corrosion-resistant. There are various steel objects that are galvanised, including steel furniture, buildings, cars, and appliances for the home. Zinc Oxide: A zinc compound, zinc oxide is used to vulcanize a variety of goods, including paint, ceramics, and rubber. Die Castings: A variety of electronic parts, hardware fixtures, electrical equipment, etc., employ zinc die cast alloy. Alloys: Brass is an alloy created from copper and zinc. Industries: The pure, extremely malleable, high-strength zinc ingots are utilised in a variety of industries, including furniture, rubber, automobiles, batteries, and chemicals. Indian Market Prices, which have risen 18% since the beginning of this month and are now above $3,500 per tons, have risen as a result of Nyrstar, one of the world's largest metals groups, saying that it will reduce production at its three European smelters by 50%. Price stability is anticipated up till the power situation is addressed. The market will develop as a result of the rising demand for zinc ingots in hot-dip galvanized steel. The steel items are submerged in a pool of molten zinc ingots during the hot-dip galvanizing process so that the melted zinc ingots can be applied to all of the steel's exposed surfaces. As a result, galvanized steel is given exceptional strength and is also shielded against corrosion. Additionally, zinc ingots are employed in the manufacturing of batteries. When combined with a dry cell battery housed in a metal casing, they cause a chemical reaction that generates a voltage potential between the connections. Therefore, the market's expansion will be fueled by the increasing demand for zinc ingots from these applications. Industry Major Market Players: 1.Roto Metals 2.Pushpa International 3.Exporters India 4.Hindustan Zinc 5.Nyrstar 6.Industrial Metal Supply Co. 7.Adwameg Inc. 8.Phoenix Industries Ltd. 9.Siyaram Impex Pvt. Ltd. 10. Shree Metal Industries. 11. Focus Technology Co. 12. Ltd. 13. S.C Kundu & Sons
Plant capacity: Zinc Ingots (Purity 98%):6 MT Per DayPlant & machinery: 124 Lakhs
Working capital: -T.C.I: Cost of Project:863 Lakhs
Return: 29.00%Break even: 65.00%
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Start a Production Business of Low Relaxation Pre-stressed Concrete Steel Strand (LRPC)

From the 1950s onward, Low Relaxation Due to its distinctive advantages, pre-stressed concrete steel strand has become more and more common in the construction business. Minimal relaxation Steel utilized in the construction sector is called pre-stressed concrete steel strand. This kind of steel is renowned for having a high strength and little relaxation. Applications involving pre-stressed concrete frequently use LRPC steel strand. These steel's high strength, low relaxation characteristics, and corrosion resistance are its key advantages. The steel is a great option for use in structural applications because it is also resistant to corrosion and has a high fatigue strength. LRP is superior to other kinds of steel in a number of ways, including its resistance to corrosion and capacity to keep its shape under heavy loads. In comparison to other forms of steel, it has a variety of advantages, including a high strength-to-weight ratio, low relaxation properties, and corrosion resistance. Pre-stressed steel strands' primary qualities include high strength, good relaxation performance, and a generally straight appearance when unfurled. Common grades of steel with high tensile strength include those with yield strengths of 1860, 1720, and 1770 MPa. Minimal relaxation a form of steel used in pre-stressed concrete is called steel strand. Because it has a low relaxation rate, it holds its tension longer than other kinds of steel. This makes it perfect for usage in highly stressed concrete constructions like bridges and buildings. Minimal relaxation Pre-stressed Concrete Steel Strand is a fantastic option for outdoor applications since it resists corrosion better than other kinds of steel. Uses and Application Pre-stressed concrete is a process of adding high-strength steel strands or bars, often known as pre-stressing tendons, to concrete or other building materials to reinforce them. Pre-stressing is intended to increase the material's stability and tensile strength. Minimal relaxation a pre-stressing technique that has several benefits over conventional pre-stressing techniques is pre-stressed concrete steel strand. High-strength, low-relaxation pre-stressed concrete steel strand is used in pre-tensioning and post-tensioning, among other applications. Minimal relaxation Compared to conventional pre-stressed concrete, pre-stressed concrete steel strand has a variety of advantages, including better ductility, a higher yield strength, and more resilience to fatigue and creep. It is frequently applied in the construction sector. It has a variety of advantages that make it the best option for numerous applications. 1. Because of its strength and durability, it is ideal for use in constructions that must be able to withstand a lot of stress. 2. It has a high level of corrosion resistance, making it more durable than other kinds of steel. 3. You don't need to be concerned about fractures or issues with your building caused by climatic changes because it doesn't contract or expand when exposed to moisture. 4. Regardless of financial restrictions, any project can employ this type of steel because it is so reasonably priced. Indian Market During the projected period of 2019–2024, the pre-stressed concrete steel strand market is anticipated to expand at a CAGR of 5.5%. Pre-stressed concrete steel strand is anticipated to have the greatest market in the Asia-Pacific region, followed by North America and Europe. The expansion of the construction sector in nations like China, India, and Japan is primarily responsible for the growth in the Asia-Pacific area. In the coming years, a sizable increase in demand for low relaxation pre-stressed concrete steel strand is anticipated in India. This is a result of the growing need for infrastructure development as well as the want for quicker and more effective construction techniques. Pre-stressed concrete steel strand is in high demand in India due to the country's burgeoning building market. Industry Major Market Players: 1.Jindal Steel & Power 2.Tata Steel 3.SAIL 4.Limited Company (Ltd. / Pvt. Ltd.)
Plant capacity: Low Relaxation Pre-stressed Concrete Steel Strand (LRPC):83.3 MT Per Day Plant & machinery: 3561 Lakhs
Working capital: -T.C.I: Cost of Project:5370 Lakhs
Return: 25.00%Break even: 49.00%
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Set Up Banana Ripening Chamber

A controlled environment where temperature, humidity, and ventilation may be adjusted to hasten the ripening of bananas is known as a "banana ripening chamber." Controlling the ripeness of your bananas is easy with a banana ripening chamber. The chamber regulates the temperature, humidity, and ventilation to produce the ideal environment for bananas to ripen. The ripening process can be sped up or slowed down in the chamber by adjusting these variables. Increase the temperature in the chamber and decrease airflow by closing vents to hasten the ripening of your bananas. Reduce the temperature in the chamber and boost ventilation by opening vents to prolong the ripening of your bananas. Fruit one of the fruits that ripens best off the plant is the banana. Bananas for domestic use are cut green and stored in moist, shady settings to ripen gradually even in tropical growing regions. The starch in bananas transforms into sugar as they ripen. So, a banana will taste sweeter the riper it is. Using ethylene gas to artificially ripen bananas is a common commercial practice. The natural development of fruits is sped up by a chemical made by the fruits. It's crucial to keep an eye on the temperature while fruit ripens. Typically, a temperature range of 14.5 C to 16.5 C will be suitable. Types of Bananas: 1. Ice Cream Banana Tree. 2. Cavendish Banana. 3. Manzano Banana. 4. Dwarf Cavendish Banana. 5. Dwarf Plantain. Uses and Application A controlled environment with regulated humidity and temperature is known as a "banana ripening chamber." Bananas can ripen uniformly and securely in the chamber since it replicates the tropical environments where they are farmed. Other fruits including avocados, mangoes, and papayas can also be allowed to ripen in chambers. The majority of the time, bananas are harvested when they are still green and unripe and then transferred to a facility where they are placed in ripening chambers. The chamber regulates the environment's temperature and humidity, hastening the bananas' ripening. To ensure that your bananas are ripe when you want them to be, controlling the ripening process is easy with a banana ripening chamber. Additionally, it can be applied to additional fruits and vegetables. You may significantly increase the shelf life of your bananas by using a ripening chamber. You can keep bananas fresh for up to two weeks if you allow them to ripen in a controlled setting. Also, additional fruits and vegetables can be kept in ripening chambers. Indian Market Banana ripening chamber sales in India are expanding quickly. This is because there is a growing market for fresh bananas, and they must ripen in a controlled atmosphere. Controlling the ripening of bananas is easy and successful with a banana ripening chamber. You can guarantee that your bananas are ripe and prepared for consumption when you want them by managing the temperature and humidity. Many tropical and subtropical regions of India produce a significant amount of bananas as a fruit crop. A total of 29,779.91 thousand tons are produced annually in India, where it is grown on an area of 830.5 thousand acres. Tamil Nadu, Maharashtra, Gujarat, Andhra Pradesh, and Karnataka are the principal banana-producing states. The greatest market for banana ripening chambers is anticipated to be in the Asia-Pacific region, followed by North America and Europe. The market for banana ripening chambers is anticipated to develop as a result of the rising demand for bananas and the rising demand for controlled environment storage. Although numerous businesses produce these chambers, there is still a sizable market for them. Industry Major Market Players: 1.Fully automatic system 2.Carbide free technology 3.User friendly design
Plant capacity: Ripe Banana:8 MT per dayPlant & machinery: 32 Lakhs
Working capital: -T.C.I: Cost of Project:193 Lakhs
Return: 23.00%Break even: 63.00%
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Manufacturing Business of Double Wall Corrugated Pipes | Great Investment Opportunity

The material used to create double wall corrugated (DWC) pipes is high-density polyethylene (HDPE). They feature a smooth inner wall and an outside wall with corrugations. The pipe's corrugations provide it strength and stiffness, and its smooth inner wall improves water flow. The sizes, lengths, and thicknesses of DWC pipes vary. DWC (double wall corrugated) pipes are a sturdy and long-lasting option for irrigation systems. DWC pipes are constructed from two layers of high-density polyethylene (HDPE), one of which is corrugated and the other of which is smooth. Superior strength and flexibility are provided by this design, which also offers defense against damage from root incursion. If you wish to create your own sprinkler system or even utilize it as part of a bigger commercial application, DWC pipes work well in both gravity flow and pressure flow applications. Longevity is a hallmark of these pipes. To meet your demands, DWC pipes come in a range of sizes and lengths. Because they have an air space that acts as insulation against freezing water, which can lead to pipe breaks, WC pipes are great for protecting against frost. To boost strength and resistance to abrasion when buried underground, the interior of the pipe is ribbed. An underground drainage system using double wall corrugated (DWC) pipes is intended to remove extra water from the area around your property. It is an eco-friendly product that combines steel's tensile strength with plastic's resistance to corrosion. The pipe's corrugations provide it stiffness and strength, and its smooth inner layer facilitates simple water movement. Uses and Application 1. Double wall corrugated (DWC) pipes are best for irrigation systems that are buried underground. 2. DWC pipes are strong and corrosion-resistant due to their high-density polyethylene (HDPE) construction. 3. DWC pipes have a smooth inside surface that promotes greater water flow and less clogging. 4. To match your needs, DWC pipes come in a range of sizes and lengths. 5. Double wall corrugated pipe can be purchased in rolls or sections, making it simple to use on your own land. 6. Weep holes are constructed into the interior of a DWC pipe to help minimise pooling, stop roots from sprouting inside the pipe, and lessen clogs at low areas in the ground. 7. DWC pipes are seamless and available in black, grey, white, green, and blue, among other hues. 8. A variety of soil types, including clayey soils, sandy soils, salty soils, and loamy soils, can be drained using DWC pipes. 9. Despite being built of HDPE, they are not fragile, making it simple to cut them using hand tools like hacksaws. 10. In fact, most sectors, including breweries, use these pipes due to their longevity in their applications. 11. These pipes are affordable and quite simple to install. Indian Market Over the projection period, it is anticipated that the market for double wall corrugated pipes will expand at a CAGR of 5.5%. (2019-2024). the necessity for affordable and long-lasting piping systems, as well as the rising need for water and wastewater management, are the main factors driving this industry. The need for double-wall corrugated pipes is rising across a variety of industries, including construction, water treatment, municipal drainage, and others, which is what is driving the market expansion. One kind of plastic pipes created from high-density polyethylene is HDPE double-wall corrugated pipe. It is appropriate for application in a variety of industries, including the oil and gas, chemical, food processing, and beverage processing industries, thanks to its outstanding chemical and temperature resistant capabilities. Due to HDPE's exceptional flexibility, it can be installed in confined locations where other piping materials cannot. Industry Major Market Players: 1.Jain Irrigation Systems 2.POLIECO 3.ADS 4.KUZEYBORU 5.Corma Inc. 6.TIJARIA 7.Bina Plastic Industries Sdn Bhd 8.Euro EM 9.Pars Ethylene Kish 10. RESINTECH 11. WEIDA 12. HEBEISH 13. REHAU 14. VESBO 15. JM Eagle 16. Junxing Pipe Group 17. Rong Long Building Materials, 18. Oregon Plastic Tubing, 19. Contech Engineered, 20. Dura-Line (Audax Group), 21. Plasson USA, 22. WL Plastics, 23. Chevron Phillips Chemical, 24. Crumpler Plastic Pipe,
Plant capacity: Double Wall Corrugated Pipes:20 MT Per DayPlant & machinery: 449 Lakhs
Working capital: -T.C.I: Cost of Project:1271 Lakhs
Return: 27.00%Break even: 49.00%
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Manufacturing Business of Double Wall Corrugated Pipes Great|Investment Opportunity

The material used to create double wall corrugated (DWC) pipes is high-density polyethylene (HDPE). They feature a smooth inner wall and an outside wall with corrugations. The pipe's corrugations provide it strength and stiffness, and its smooth inner wall improves water flow. The sizes, lengths, and thicknesses of DWC pipes vary. DWC (double wall corrugated) pipes are a sturdy and long-lasting option for irrigation systems. DWC pipes are constructed from two layers of high-density polyethylene (HDPE), one of which is corrugated and the other of which is smooth. Superior strength and flexibility are provided by this design, which also offers defense against damage from root incursion. If you wish to create your own sprinkler system or even utilize it as part of a bigger commercial application, DWC pipes work well in both gravity flow and pressure flow applications. Longevity is a hallmark of these pipes. To meet your demands, DWC pipes come in a range of sizes and lengths. Because they have an air space that acts as insulation against freezing water, which can lead to pipe breaks, WC pipes are great for protecting against frost. To boost strength and resistance to abrasion when buried underground, the interior of the pipe is ribbed. An underground drainage system using double wall corrugated (DWC) pipes is intended to remove extra water from the area around your property. It is an eco-friendly product that combines steel's tensile strength with plastic's resistance to corrosion. The pipe's corrugations provide it stiffness and strength, and its smooth inner layer facilitates simple water movement. Uses and Application 1. Double wall corrugated (DWC) pipes are best for irrigation systems that are buried underground. 2. DWC pipes are strong and corrosion-resistant due to their high-density polyethylene (HDPE) construction. 3. DWC pipes have a smooth inside surface that promotes greater water flow and less clogging. 4. To match your needs, DWC pipes come in a range of sizes and lengths. 5. Double wall corrugated pipe can be purchased in rolls or sections, making it simple to use on your own land. 6. Weep holes are constructed into the interior of a DWC pipe to help minimise pooling, stop roots from sprouting inside the pipe, and lessen clogs at low areas in the ground. 7. DWC pipes are seamless and available in black, grey, white, green, and blue, among other hues. 8. A variety of soil types, including clayey soils, sandy soils, salty soils, and loamy soils, can be drained using DWC pipes. 9. Despite being built of HDPE, they are not fragile, making it simple to cut them using hand tools like hacksaws. 10. In fact, most sectors, including breweries, use these pipes due to their longevity in their applications. 11. These pipes are affordable and quite simple to install. Indian Market Over the projection period, it is anticipated that the market for double wall corrugated pipes will expand at a CAGR of 5.5%. (2019-2024). the necessity for affordable and long-lasting piping systems, as well as the rising need for water and wastewater management, are the main factors driving this industry. The need for double-wall corrugated pipes is rising across a variety of industries, including construction, water treatment, municipal drainage, and others, which is what is driving the market expansion. One kind of plastic pipes created from high-density polyethylene is HDPE double-wall corrugated pipe. It is appropriate for application in a variety of industries, including the oil and gas, chemical, food processing, and beverage processing industries, thanks to its outstanding chemical and temperature resistant capabilities. Due to HDPE's exceptional flexibility, it can be installed in confined locations where other piping materials cannot. Industry Major Market Players: 1.Jain Irrigation Systems 2.POLIECO 3.ADS 4.KUZEYBORU 5.Corma Inc. 6.TIJARIA 7.Bina Plastic Industries Sdn Bhd 8.Euro EM 9.Pars Ethylene Kish 10. RESINTECH 11. WEIDA 12. HEBEISH 13. REHAU 14. VESBO 15. JM Eagle 16. Junxing Pipe Group 17. Rong Long Building Materials, 18. Oregon Plastic Tubing, 19. Contech Engineered, 20. Dura-Line (Audax Group), 21. Plasson USA, 22. WL Plastics, 23. Chevron Phillips Chemical, 24. Crumpler Plastic Pipe,
Plant capacity: Double Wall Corrugated Pipes:20 MT Per DayPlant & machinery: 449 Lakhs
Working capital: -T.C.I: Cost of Project:1271 Lakhs
Return: 27.00%Break even: 49.00%
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Setting Up Mini Steel Plant (Billets and TMT Bar)

An integrated steel mill, which creates and refines iron and steel, is scaled down to create a micro steel factory. Due to its lower investment costs and flexibility, the micro steel plant, a novel idea in the steel industry, has gained appeal recently. Mini steel plants come in a wide variety, each with unique benefits and drawbacks. Concrete, blocks, bars, tools, angles, girders, pipes, gears, and technical items can all be made using steel long products. Steel is the collective name for a class of ferrous metals that are the most practical metallic materials that have ever existed due to its availability, durability, adaptability, and low cost. Plain carbon and mild steel is typically used in civil and allied work, and the majority of the carbon steels employed have tensile strengths of between 36 and 40 t/in2. The characteristics of steel are primarily governed by its carbon content. Due to its affordability in meeting general requirements, reasonably high strength, and other features like yield point, elongation, and reduction percentages, etc., a 0.40% carbon steel is of utmost importance. An integrated steel mill is substantially larger than a tiny steel plant, which is a facility used to produce steel. They often employ local labor and raw materials and are situated in rural areas. The building sector often uses the final goods. With equipment costing roughly $1 million of that total, it may be put up for as little as $2 million. In contrast to a large-scale operation, a tiny steel plant produces steel on a smaller scale. These factories are often built to produce a particular kind or assortment of steel items. Uses and Application The tiny steel plant is a flexible tool that may be applied to numerous tasks. Cutting rebar, angle iron, square tubing, pipe, and flat stock, as well as punching holes in steel plate, are some of its most popular uses. The tiny steel plant can also be used to cut custom forms out of sheet metal and shear plate and bar stock. This machine is a great investment for any fabrication firm thanks to its versatility. A tiny steel plant has a variety of applications. 1. Small steel goods like nails, screws, and other fasteners can be made using it. 2. It can be utilized to make bigger products for construction projects, like beams and columns. 3. Mini steel plants are frequently used to test new manufacturing techniques or prototype new designs. 4. Scrap metal can be processed using it to create brand-new, useful steel. 5. Custom metal goods can also be made with it and used in a range of sectors. 6. Mini steel plants are adaptable and can be customized to your company's unique requirements. There are several uses for these items, including: 1. Construction. 2. Manufacturing 3. Automotive A tiny steel plant can enable you to produce high-quality steel products and is an excellent way to break into the steel sector. Indian Market By 2025, the size of the world's steel market is anticipated to be $1.01 trillion, growing at a CAGR of 2.6%. Steel demand in prospective residential projects and industrial infrastructure is being driven by contractors' growing preference for affordable, durable, and environmental building materials. Steel products are utilized extensively in a variety of end-use industries, including construction, automotive, oil & gas, shipbuilding, and electrical & electronics, due to its high strength and long-lasting mechanical qualities. To meet application-specific requirements, a wide range of steel grades are produced utilizing two typical production techniques, namely the blast furnace-basic oxygen furnace (BF-BOF) and electric arc furnace (EAF). The excess caused by the expansion of production capacity by key players, antidumping tariffs, and escalating trade restrictions in a number of nations are the major challenges facing the worldwide market for steel goods. The trade conflict between the US and China is also anticipated to have an impact on market expansion throughout the forecast period. The global market for steel products is anticipated to rise as a result of the construction industry's recovery in developed and emerging nations alike. Currently, there is a transition taking place in the Indian steel sector. In the upcoming years, the country's demand for steel is anticipated to rise as a result of infrastructure improvement and expansion in the building and automotive industries. Industry Major Market Players: 1.Rashtriya Ispat Nigam Limited (RINL) 2.VISA Steel 3.Essar Steel 4.TATA Steel 5.JSW Steel 6.Bhushan Steel 7.MESCO Steel 8.FACOR Steel 9.Steel Authority of India Limited (SAIL) 10.Jindal Steel and Power
Plant capacity: Steel Billets:150 MT Per Day (Size 100mm x 100mm to 180mm x 180 mm Sections of Max. 6 meter length)TMT Steel Bars (Rebar):150 MT Per Day (Size DB 8 to 40 mm) Plant & machinery: 5445 Lakhs
Working capital: -T.C.I: Cost of Project:10417 Lakhs
Return: 28.00%Break even: 37.00%
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Manufacturing Business Of LPG Cylinders

Liquefied petroleum gas is transported in pressurized LPG cylinders (LPG). The flammable hydrocarbon gas known as LPG is made from either natural gas or crude oil. It is a limited resource. LPG comes in two varieties: propane and butane. Naphtha is a type of fuel that is used as the main raw material to make LPG. A steel pressure vessel with an internal volume capacity of 1,000 to 100,000 gallons (3,785 to 378,540 liters) with a cylindrical shape measuring 12 inches (30 cm) in diameter by 60 inches (152 cm) height is the most popular way to store propane. They come in various shapes and sizes, ranging from tiny canisters that fit in a car's trunk to enormous tanks that may be used to fuel a house or place of business. At first, these companies' distribution networks were limited to metropolitan regions, but as society's living standards rapidly improve, the demand for LP gas is rising sharply. The demand for LPG cylinders will continue to rise as more LP bottling plants are opened by private sector businesses. Additionally, it has recently been announced to provide small size cylinders with 5 Kg capacities to the rural population in order to boost their economy. With the distribution companies' continued provision of the DBC system to the consumer, the demand for LPG cylinders will also increase. The balance between supply and demand is in favour of demand, which will keep outpacing supply. LPG works well as a fuel alternative in spark ignition engines. Because of its clean burning characteristics, LPG cylinders are in demand because they result in lower exhaust emissions, prolonged lubricant life, and spark. Uses and Application LPG cylinders are employed in a range of contexts, such as residential, commercial, and industrial ones. They can be used for refrigeration, heating, and cooking, among other things. It's crucial to take into account the various LPG cylinder uses and applications before launching an LPG cylinders business. LPG cylinders, for instance, can be used as a burner or to heat water for cooking at home. They may be used for commercial and industrial reasons, such as as fuel for heaters or welding torches. Due to their portability, LPG cylinders are also a popular alternative for caravans and RVs. Construction, agriculture, and the auto industry are just a few of the industries that use LGP cylinders. LPG cylinders are employed in a variety of settings, such as: 1. Domestic; 2. Commercial; and 3. Industrial. Indian Market Over the projected period of 2022–2027, the liquefied petroleum gas (LPG) market is anticipated to expand at a CAGR of over 3.5%. The ever-increasing population and the resulting rise in energy consumption, government programmes to encourage the use of clean energy, and consumers' rising preference for LPG cylinders over other energy sources are the main factors driving the market's expansion. The market is also being driven by the rise in the middle class and the proportion of women working. However, the sector is facing difficulties due to the high price of LPG cylinders and a lack of infrastructure. The demand and supply sides are out of balance. The market is primarily being driven by rising LPG consumption and government-backed measures to promote the use of cleaner fuel. The expansion of the LPG market is anticipated to be constrained by the increasing usage of compressed natural gas (CNG) for automobiles and piped natural gas (PNG) for households as alternatives to LPG. LPG storage is another difficult aspect. Domestic LPG often comes in cylinders, which don't offer a continuous supply service and are heavy, highly combustible, and more likely to catch fire in the event of a leak. These factors are anticipated to restrain market expansion over the projection period. The market is primarily being driven by rising LPG consumption and government-backed measures to promote the use of cleaner fuel. The expansion of the LPG market is anticipated to be constrained by the increasing usage of compressed natural gas (CNG) for automobiles and piped natural gas (PNG) for households as alternatives to LPG. LPG storage is another difficult aspect. Domestic LPG often comes in cylinders, which don't offer a continuous supply service and are heavy, highly combustible, and more likely to catch fire in the event of a leak. These factors are anticipated to restrain market expansion over the projection period. Industry Major Market Players: 1.Luxfer Gas Cylinders 2.Hexagon Composites ASA 3.Worthington Cylinders 4.Dragerwerk AG & Co KGaA 5.Time Technoplast 6.Faber Industries P.A. 7.Beijing Tianhai Industry Co 8.Ullit
Plant capacity: LPG Cylinders (14.20 Kgs Size):3,334.0 Nos. per day LPG Cylinders (19 Kgs Size):3,334.0 Nos. per dayPlant & machinery: 911 Lakhs
Working capital: -T.C.I: Cost of Project:3475 Lakhs
Return: 32.00%Break even: 46.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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