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

Minerals: Project Opportunities in Madhya Pradesh

PROFILE:

Minerals are valuable natural resources being finite and non-renewable. They constitute the vital raw materials for many basic industries and are a major resource for development. Management of mineral resources has, therefore, to be closely integrated with the overall strategy of development; and exploitation of minerals is to be guided by long-term national goals and perspectives.

RESOURCES:

Madhya Pradesh has a unique geographical location - it is centrally located sharing borders with six States - and its vast mineral resources are great incentives for prospective investors. Being a mineral-rich State, it has tremendous potential for cement, ceramic and asbestos manufacturing industries. Besides, Madhya Pradesh is the only Indian State to have diamond mines. So cutting and polishing of diamonds can emerge as a major industrial activity here, fuelling the growth of the jewellery manufacturing industry. With 604,000 carats of proven diamond reserves it accounts for 99 per cent of Indian total reserves. It is the sole producer of diamonds in the country. Rich coal, copper, manganese, and dolomite reserves have attracted investors in large numbers. Madhya Pradesh is endowed with significant mineral resources. It also leads the country in the production of copper ore, slate, pyrophillite, diaspore, and is second in production of rock phosphate, clay and laterite. The state has the country’s largest open cast copper mine at Balaghat and the thickest coal seam of Asia at Singrauli coalfield in Sidhi district.

 

GOVERNMENT POLICIES:

Mineral policy of the State aims to explore new mineral deposits and enhance the productivity of the existing ones. The objectives of the policy are to discover new mineral deposits; undertake systematic and scientific exploitation of minerals; exploit the minerals with minimum adverse impact on the environment and forest wealth; promote research and development of minerals; encourage mineral based industries; encourage export of minerals; create greater employment opportunity in the mineral sector; constitute a mineral advisory board. The state government today announced a new mining policy. A mining development fund is also proposed under the new policy, to rope in private partners for exploration of minerals.

Mineral Policy 2010:

·         Survey, Prospecting and Assessment of Mineral Deposits

·         Strengthening of Mineral Administration

·         Prevention and Control of Illegal Mining and Transportation.

·         Grant of Mineral Concessions and Priority under Section 11(5) of

·         Mines and Mineral (Development and Regulation) Act, 1957

·         Mineral Concession for Minerals Found in Abundance in State.

·         Scientific and Systematic Mining

·         Land Use and Sustainable Development

·         Infrastructure Development in Peripheral area

·         Sanction of Mineral Concessions in Notified Tribal Areas

·         Environment and Forest Clearances

·         Increase in Mineral Revenue

 

Food Processing: Project Opportunities in Madhya Pradesh

PROFILE:

Food processing is a large sector that covers activities such as agriculture, horticulture, plantation, animal husbandry’s and fisheries. India is the world's second largest producer of food and has the potential of being the biggest with the food and agricultural sector. The total food production in India is likely to double in the next ten years and there is an opportunity for large investments in food and food processing technologies, skills and equipment, especially in areas of Canning, Dairy and Food Processing, Specialty Processing, Packaging, Frozen Food/Refrigeration and Thermo Processing. Fruits & Vegetables, Fisheries, Milk & Milk Products, Meat & Poultry, Packaged/Convenience Foods, Alcoholic Beverages & Soft Drinks and Grains are important sub-sectors of the food processing industry. India is one of the worlds major food producers but accounts for less than 1.5 per cent of international food trade.

RESOURCES:

Madhya Pradesh is the fourth largest producer of agri products in India with lowest consumption of fertilizer per hectare. The state ranks first in the production of soyabean, gram, oilseeds, pulses, and linseeds, maize. Agriculture is the main stay of the State economy, with about 74% of the population depended on it. Kharif crops occupies about 56% out of the total cropped area in the State, while rabi crops occupies about 44% of the area. Madhya Pradesh is the third highest producer of food grains (14.10 m. metric tonne) in the country. The major crops grown in the State are paddy, wheat, maize and jowar among cereals; gram, tur, urad and moong among pulses; soyabean, groundnut and mustard among oilseeds. The commercial crops like cotton and sugarcane are also grown in considerable area in few districts. The State is placed fourth in wheat production and eighth in rice production in the country. Thus, the agro-based industries have great potential for development in the State. The State Government is also making all efforts for the development of horticulture in the State. State is known as large producer of ginger, garlic, turmeric, chilli, coriander, banana, guava, tomato, oranges, papaya, etc. It has a vast scope to invest in this field. Besides, some medicinal crops and narcotic crops are also grown in the State.

GOVERNMENT POLICIES:

·         Most of the processed food items have been exempted from the purview of licensing under the Industries, Development and regulation, Act, 1951, except items reserved for small-scale sector and alcoholic beverages.

·         As per extent policy Foreign Direct Investment up to 100% is permitted under the automatic route in the food infrastructure like Food Park, Cold Chain and warehousing.

·         As far as food retail is concerned the FDI policy does not permit FDI into retail sector except Single Brand Product Retailing. This policy is uniform for all retailing activity.

·         FDI policy for manufacture of items reserved for the Small Scale Industry sector is uniform for all items so reserved and a separate dispensation for items in the food-processing sector is not contemplated.

·         No industrial license is required for almost all of the food and agro processing industries except for some items like beer, potable alcohol and wines, cane sugar, hydrogenated animal fats and oils etc. and items reserved for exclusive manufacture in the small scale sector.

·         Custom duty rates have been substantially reduced on food processing plant and equipments, as well as on raw materials and intermediates, especially for export production.

·         Corporate taxes have been reduced and there is a shift towards market related interest rates. There are tax incentives for new manufacturing units for certain years, except for industries like beer, wine, aerated water using flavouring concentrates, confectionery, chocolates etc.

 

Auto & Auto Components: Project Opportunities in Madhya Pradesh

PROFILE:

Indian auto component industry is robustly driven by the growth in demand for automobiles. The Indian auto component industry has been navigating through a period of rapid changes with great élan. Driven by global competition and the recent shift in focus of global automobile manufacturers, business rules are changing and liberalisation has had sweeping ramifications for the industry. The Indian auto component sector has been growing at 20% per annum since 2000 and is projected to maintain the high-growth phase of 15-20% till 2015. The Indian auto component industry is one of the few sectors in the economy that has a distinct global competitive advantage in terms of cost and quality. The value in sourcing auto components from India includes low labour cost, raw material availability, technically skilled manpower and quality assurance.

RESOURCES:

The size of the auto component industry in the state is $306 million. Sixty per cent of the auto industry in Madhya Pradesh is dominated by auto component players. The state has developed a 5,000-ha industrial cluster at Pithampur, which provides readily available infrastructure for companies willing to set up manufacturing facilities. The Government of India has sanctioned $11 million for an auto cluster in the Pithampur industrial area.

GOVERNMENT POLICIES:

In order to develop and realize the growth potential of this sector both at domestic and global level, and to optimize its contribution to the national economy, the Department of Heavy Industry has decided to draw up a 10 year Mission Plan for the development of Indian Automotive Sector and creation of global hub. To put Indian Auto Industry at the global map, National Automotive Testing and R&D Infrastructure Project (NATRIP) at the total cost of Rs. 1718 crore has been initiated. This project principally aims to:

·         create critically needed automotive testing infrastructure to enable the government in ushering in global vehicular safety, emission and performance standard,

·         deepen manufacturing in India, promote larger value addition and performance standards and facilitates convergence of India's strength and IT and electronics with automotive engineering, 

·         enhance India's abysmally low global outreach in this sector by debottlenecking exports, and 

·         Provide basic product testing, validation and development infrastructure so that Indian automotive sector would not face any export obstacle in the foreign market   In the Union Budget 2007-08, import duty on raw material had been reduced to 5-7.5 per cent from the earlier 10 per cent.

 

Textiles: Project Opportunities in Madhya Pradesh

PROFILE:

Textile industry is one of the major contributors to the total output of the fast growing Indian industrial sector which is at present revolving around 14%. India Textile Industry is one of the leading textile industries in the world. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world. India textile industry largely depends upon the textile manufacturing and export. It also plays a major role in the economy of the country. India earns about 27% of its total foreign exchange through textile exports. Further, the textile industry of India also contributes nearly 14% of the total industrial production of the country. It also contributes around 3% to the GDP of the country. India textile industry is also the largest in the country in terms of employment generation. It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors.

RESOURCES:

Madhya Pradesh is famous for its extensive history of textiles. The most famous textile products in Madhya Pradesh include the Chanderi and Maheshwari Sarees. The handicrafts of Madhya Pradesh are a reflection of the rich culture and tradition of this state. The type of raw materials that are implemented might have changed throughout the years and the usage of the products manufactured has also changed but an extensive history of textile industries in the state keeps on contributing to the extremely unique handicrafts industry of the state.

GOVERNMENT POLICIES:

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

Cement Industry: Project Opportunities in Madhya Pradesh

PROFILE:

India is the second largest producer of quality cement in the world. The cement industry in India comprises 139 large cement plants and over 365 mini cement plants. The cement industry in India is experiencing a boom on account of overall growth of the Indian economy. The demand for cement, being a derived demand, depends mainly on the industrial activities, real estate business, construction activities and investment in the infrastructure sector. India is experiencing growth in all these areas and hence the cement market is moving ahead in spite of the world-wide economic recession. The cement industry in India is dominated by around 20 companies, which account for almost 70% of the total cement production in India.

 

RESOURCES:

Madhya Pradesh is the third largest producer of cement in the country. It is rich in cement producing minerals and has the appropriate know how and knowledge pool to run cement plant. At present, several major groups like Birla Corporation, Vikram cement, Prism cement, Diamond cements, Maihar cement and ACC Cement are growing manufacturing plants in Madhya Pradesh.

GOVERNMENT POLICIES:

In India, the Department of Industrial Policy and Promotion (DIPP), under the Ministry of Commerce and Industry, is the nodal agency for the development of cement industries, that is, it is involved in monitoring their performance at regular intervals and suggesting suitable policy incentives, as per the requirement. Growth in domestic cement demand is expected to remain strong, given the revival in the housing markets, continued Government spending on the rural sector, and the gradual increase in the number of infrastructure projects being executed by the private sector. Thus, the trend in demand growth seen during the last five years is expected to continue over the medium term. Also, with Government targeting an over 8% GDP growth rate, cement demand should grow at 8-10% over the next few years. The industry may be expected to add another 130-135 million tonnes of cement capacity in phases over the next four years, that is, during the period 2009-10 to 2012-13.

Tourism: Project Opportunities in Madhya Pradesh

PROFILE:

Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Madhya Pradesh is called the Heart of India because of its location in the centre of the country. It has been home to the cultural heritage of Hinduism, Islam, Buddhism etc. Innumerable monuments, exquisitely carved temples, stupas, forts & palaces are dotted all over the State. The State of Madhya Pradesh has innumerable sites for tourist attraction ranging from preserved medieval cities and wildlife sanctuaries to pilgrim centres. It includes monuments, archaeological sites, carved temples, stupas, forts, palaces, etc. Gwalior, Mandu, Datia, Chanderi, Jabalpur, Orchha, Raisen, Sanchi, Vidisha, Udaygiri, Bhimbetika, Indore and Bhopal are the places well-known for their historical monuments. Archaeological treasures are preserved in the museums at Satna, Sanchi, Vidisha, Gwalior, Indore, Mandsaur, Ujjain, Rajgarh, Bhopal, Jabalpur and Rewa. Unique temples of Khajuraho are famous all over the world. The temples of Orchha, Bhojpur and Udaypur attract large number of tourists as well as pilgrims. Maheshwar, Omkareshwar, Ujjain, Chitrakoot and Amarkantak are major centres of pilgrimage. Other important places of tourist interest in the State are Pachmarhi, Marble Rocks, Dhuandhar Fall at Bhedaghat, Kanha National Park, Barasingha and Bandhavgarh National Park. Given this, the Government of Madhya Pradesh had envisaged a tourism policy in order to create an environment conducive for encouraging private investment in the tourism sector. It is one of the major objectives is to promote eco and adventure tourism. Eco-Tourism is that form of tourism in which the tourist is able to enjoy nature and see wild life in its natural habitat. Adventure tourism provides the tourist with a special thrill and feeling of adventure whilst participating in sporting activities in rivers, water bodies, hills and mountains.

GOVERNMENT POLICIES:

Some of the salient features of the Tourism Policy are:

·         The policy proposes the inclusion of tourism in the concurrent list of the Constitution to enable both the central and state governments to participate in the development of the sector.

·         No approval required for foreign equity of up to 51 per cent in tourism projects. NRI investment up to 100% allowed.

·         Automatic approval for Technology agreements in the hotel industry, subject to the fulfilment of certain specified parameters.

·         Concession rates on customs duty of 25% for goods that are required for initial setting up, or for substantial expansion of hotels.

·         50% of profits derived by hotels, travel agents and tour operators in foreign exchange are exempt from income tax. The remaining profits are also exempt if reinvested in a tourism related project.

Gems and Jewellery: Project Opportunities in Madhya Pradesh

PROFILE:

The gems and jewellery industry occupies an important position in the Indian economy. It is a leading foreign exchange earner, as well as one of the fastest growing industries in the country. The two major segments of the sector in India are gold jewellery and diamonds. Gold jewellery forms around 80 per cent of the Indian jewellery market, with the balance comprising fabricated studded jewellery that includes diamond and gemstone studded jewellery. Besides, India is world's largest cutting and polishing Industry for diamonds, well supported by government policies and the banking sector with around 50 banks providing nearly $3 billion of credit to the Indian diamond industry.

RESOURCES:

 Madhya Pradesh is the only Indian State to have diamond mines. So cutting and polishing of diamonds can emerge as a major industrial activity here, fuelling the growth of the jewellery manufacturing industry. With 604,000 carats of proven diamond reserves it accounts for 99 per cent of Indian total reserves. It is the sole producer of diamonds in the country.

GOVERNMENT POLICIES:

The government's interest in the sector is evident from the FDI policy which allows 100% FDI and 74% in exploration and mining of diamonds and precious stones and 100% for gold and silver and minerals exploration, mining, metallurgy and processing. Gems and Jewellery, diamonds and precious metals have been given a special thrust by the Ministry of Commerce & Industry, Government of India, under the Foreign Trade Policy through the following measures:

·         Allowing 100 per cent FDI in the gems and jewellery sector under the automatic route;

·         Abolishing duty on polished diamonds;

·         Lowering import duty on platinum and exempting rough, coloured, precious gems stones from customs duty.  Rough, semi –precious stones are also exempted from import duty;

·         Setting up of Gems and Jewellery Parks and SEZs to stimulate sectoral investments;

·         Allowing import of gold of 8 k and above under replenishment scheme, subject to the condition that import being accompanied by an Assay Certificate specifying purity, weight and alloy content;

Permitting import of Diamondson consignment basis for Certification /Grading, and re-export by the authorized offices/agencies of Gemological Institute of America (GIA) in India or other approved agencies.

Waste management: Project Opportunities in Madhya Pradesh

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:

Madhya Pradesh produces roughly around 7,999 tonnes of electronic waste annually and it stands at 7th place in waste generation in the country, he added. As Madhya Pradesh does not have a recycling unit for electronic waste, we are thinking over sending it to Maharashtra and other states

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.

Power: Project Opportunities in Madhya Pradesh

Profile

The power industry is responsible for the production and delivery of electrical energy in sufficient quantities via a power grid. Given the demand for electricity is uniform across all domestic, industrial and commercial operations, power is viewed as a public utility and basic infrastructure. The electrical power industry is commonly split up into four processes, namely, electricity generation (e.g. power station), electric power transmission, electricity distribution and electricity retailing. In many countries, electric power companies own the whole infrastructure from generating stations to transmission and distribution infrastructure. For this reason, electric power is viewed as a natural monopoly and is thus heavily regulated.

Resources

Madhya Pradesh is well endowed with hydroelectric power potential, and a number of hydroelectric projects have been developed jointly with neighbouring states. Madhya Pradesh also draws a portion of its power from several thermal stations located within the state. Most of these thermal plants are coal-fired. Madhya Pradesh Power Generating Co. Ltd (MPPGCL) is a wholly owned company of Government of Madhya Pradesh engaged in generation of electricity in the state of Madhya Pradesh. It is a successor entity of erstwhile Madhya Pradesh State Electricity Board (MPSEB). The Company, while operating and maintaining its existing units, is also constructing new Power Plants for increasing capacity in the State of Madhya Pradesh. The Company has been incorporated as a part of the implementation of the power sector reform in Madhya Pradesh initiated by the Government of Madhya Pradesh. There are four thermal power station in MP; Satpura TPS in Betul having installed capacity of 1017.5 MW, Sanjay Gandhi TPS        in Umaria  with capacity 1340 MW, Amarkantak TPS in Anuppur with capacity 450 MW and Vindhyachal STP in Sidhi with capacity 3260 MW.

Government policies

The Government of India has modified the Mega Power Policy to smoothen the procedures further.  The modified Mega Power Policy is as follows:

(i) The power projects with the following threshold capacity shall be eligible for the benefit of mega power policy:

(a) A thermal power plant of capacity 1000 MW or more; or

(b) A hydel power plant of capacity of 500 MW or more

(c) Government has decided to extend mega policy benefits to brownfield (expansion) projects also. In case of   brownfield (expansion) phase of the existing mega project, size of the expansion unit(s) would not be not less than that provided in the earlier phase of the project granted mega power project certificate.

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Cenosphere Processing from Fly Ash

Kens (hollow) and Sphaira (sphaira) are two Greek words that make up the name Cenosphere (sphere). Cenospheres are inert hollow spheres filled with air or inert gas that are comprised mostly of silica and alumina. Cenospheres are a naturally occurring result of the combustion of pulverised coal in boilers. They're discovered floating on the surface of the fly ash lagoon. Cenosspheres are formed when coal combustion ash becomes molten. By flowing with the combustion gas stream, the temperature of the molten particles is rapidly quenched, causing them to 'freeze in' a spherical shape. Any gas bubbles formed within the molten particles are also contained within the spheres. These bubbles, which can develop in a variety of configurations within the 'frozen' particles or as solitary, concentric formations nearly as large as the diameter of the particles, constitute cenospheres. In fly ash made from Kentucky No. 9 coal, the proportion of particles with densities less than 2 gm/cm3 might be as high as 87 percent in San Miguel coal fly ash. These findings suggest that cenospheres with a density of less than 2 gm/cm3 can be extracted from ash in its dry form if selective extraction is done effectively. Cenospheres are one-of-a-kind free-flowing powders composed of hollow, hard-shelled spheres. Cenospheres come in a variety of colours, ranging from almost white to grey, and have a density of 0.4–0.8 g/cm3, giving them incredible buoyancy. Cenospheres are a multipurpose filler that can be used in a variety of commercial and industrial applications. Two examples are oil well cementing and PVC cushion vinyl flooring. Fillite, on the other hand, is used in each scenario due to its unique properties, which include strength, low density, and chemical resistance. The following are some of the most common applications for Fillite. Cenospheres are hollow, inert, light-weight spheres made mostly of alumina or silica that are filled with inert gases or air and are hollow, inert, and light-weight. They're a prevalent by-product of coal combustion in power plants. Few Indian Major Players 1. Ashtech (India) Pvt. Ltd. 2. Bharathi Rock Products (India) Pvt. Ltd. 3. Minerals & Minerals Ltd. 4. Unirama Industries Ltd. 5. Wolkem India Ltd.
Plant capacity: Cenosphere 8 MT per dayPlant & machinery: 60 Lakhs
Working capital: -T.C.I: Cost of Project: 437Lakhs
Return: 27.00%Break even: 46.00%
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Industrial Park

The Industrial Park has parks, community centres, libraries, commercial complexes, banks, and post offices. In India, a "Industrial Park" is a project in which plots of developed or built-up space are formed and made available to units for the purposes of industrial or commercial activity, along with common facilities and high-quality infrastructure. There have been two causes for industrial parks in the past. For starters, providing functional infrastructure in a geographically confined place is much easier to plan, especially for governments with delivery restrictions. Second, the concentration of firms can have significant spillover effects both inside and outside the park, such as information spillovers, such as knowledge and technology; enterprise specialisation and division of labour; the development of skilled labour markets; and the development of markets in the vicinity of the parks. The integrated park is made up of a network of roadways, convenience stores, water treatment facilities, and drainage and sewage services that connect clusters of houses and businesses. Integrated parks have been highlighted as a feasible solution as cities become increasingly crowded and lack future growth possibilities. Integrated parks are more complicated because they have a lower FSI (Floor Space Index), more open areas, and a focus on creating a sustainable living ecosystem with residential and commercial spaces supported by an infrastructure backbone of power, roads, water, drainage, and sewage – a virtual living and breathing city. An integrated park is the optimal urbanisation alternative. Convenience is the key goal in terms of economic and sociological concerns. In an Integrated Industrial Park, living and working opportunities are combined in one area. All of the housing, infrastructure, and basic utilities, as well as work opportunities, are all available in one place. Industrial parks can help boost regional and national industrial competitiveness while also lowering negative externalities like traffic congestion and "brain drain." They provide a unique institutional framework, modern administrative services, and physical infrastructure not found elsewhere in the country. They're also designed to meet the needs of industrial enterprises in a particular region or community by offering current business development services such as information and telecommunications. Few Indian Major Players 1. AAA Township Pvt. Ltd. 2. Cessna Garden Developers Pvt. Ltd. 3. D L F Garden City Indore Pvt. Ltd. 4. Entertainment City Ltd. 5. Godrej Garden City Properties Pvt. Ltd. 6. Himachal Textile Park Ltd. 7. Industrial Township (Maharashtra) Ltd.
Plant capacity: Type 1 Industrial Plots Area 500 sq.mt. Size 90 Nos Type 2 Industrial Plots Area 1000 sq.mt. Size 40 Nos Type 3 Industrial Plots Area 2000 sq.mt. Size 20 Nos Type 4 Industrial Plots Area 5000 sq.mt. Size 8 NosPlant & machinery: 329 Lakhs
Working capital: -T.C.I: Cost of Project: 30642 Lakhs
Return: 26.00%Break even: 18.00%
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Mineral Wool Ceiling Tiles

Ceiling tiles are a type of auxiliary ceiling that hangs below the main (structural) ceiling. Drop ceilings, also known as T-bar ceilings, false ceilings, suspended ceilings, grid ceilings, drop in ceilings, drop out ceilings, or ceiling tiles, are a common choice for both residential and commercial construction. Ceilings allow the installation of a dropped ceiling beneath existing fire sprinklers because the tiles, also known as melt-out ceiling tiles, are heat-sensitive and engineered to fall from the dropped ceiling suspension grid during a fire, allowing the sprinklers to shoot their water. Drop down ceiling tiles can increase the aesthetic appeal of a ceiling because the fire sprinklers are hidden behind the tiles. Drop down ceiling tiles are generally made of vinyl or expanded polystyrene and are available from a range of manufacturers in a variety of sizes and finishes. Mineral Wool Ceiling Tiles are used in the following places: • Concert halls • Theaters • Libraries • Auditoriums • Classrooms • Meeting rooms • Conference rooms • Sport rooms • Consulting rooms • Concert halls • Theaters Libraries • Auditoriums • Classrooms Between 2020 and 2025, the Ceiling Tiles Market is estimated to reach $8.60 billion, with a CAGR of 9.1%. A spate of development projects are fueling the ceiling tile market. Another megatrend affecting the building and construction industry is the population boom in metropolitan areas, which necessitates low-cost housing. This study covers the ceiling tiles market size by type and property, ceiling tiles market share by top 5 firms, and ceiling tiles market share by start-ups for the forecast year. Mineral Fiber Ceiling has the largest ceiling tile market share in 2019. Mineral fibre ceiling tiles offer sound insulation, durability, fire resistance, and light reflectance. They're frequently seen in non-residential structures, such as offices, hospitals, and retail stores. The joint venture, R&D, and product releases will all help to boost the mineral fibre ceiling tile market. In the United States, Geometrik Manufacturing Inc. has agreed to sell and market the company's product and system portfolio. Few Indian Major Players • K-Flex India Pvt. Ltd. • Lloyd Insulations (I) Ltd. • Owens Corning Inds. (India) Pvt. Ltd. • Rock Wool (India) Pvt. Ltd. • Saint-Gobain Gyproc India Ltd.
Plant capacity: Mineral Wool Ceiling Tiles 3,000.0 Sq. Mtr. Per DayPlant & machinery: 32 Lakhs
Working capital: -T.C.I: Cost of Project: 212 Lakhs
Return: 26.00%Break even: 62.00%
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Opportunities in Business of Alloy Wheels for 2 Wheeler (Motorcycle, Bikes). Start Your Own Business in Automobile Industry.

Alloy wheels are significantly lighter than steel wheels, allowing them to perform better in most conditions. Alloy wheels have a significant advantage in terms of fuel economy, especially in urban areas. Because alloy wheels have a lighter structure, they will put less strain on your car's suspension. Faster acceleration will be possible as a result of this. Because of their superior performance and appealing appearance, alloy wheels are now the standard wheels for most cars. Alloy wheels are more expensive than steel wheels, however they make up the majority of OEM wheels on the market. This gives you a wider range of choices and options. Because alloy wheels are more expensive to manufacture than steel wheels, they've always been considered an aftermarket option unless you're buying a sports car or a high-end luxury vehicle. Around the turn of the century, however, this began to change, and more automakers are now selling alloy wheels on specific trim levels of compact, subcompact, and budget vehicles. The alloy material provides a number of advantages over other materials, many of which are reflected in the wheel benefits. Here are some of the most significant advantages of installing alloy wheels on a vehicle: 1. Aesthetics: Aesthetically, alloy wheels are significantly more beautiful than others. This is partly due to the alloy wheels' more complex production process, which allows for more imaginative and even custom designs. When you compare a steel wheel to an alloy wheel, it's evident which one looks better. 2. Performance: alloy wheels are much lighter than steel wheels, which benefits a vehicle's fuel economy, braking, and acceleration. Alloy wheels can also help with steering and handling. Other vehicle components, such as the engine, transmission, and suspension, benefit from the lighter wheels as well. Alloy wheels also allow for better heat conduction and dissipation, resulting in improved braking. 3. Lightweight: We touched on this benefit before, but it bears repeating: alloy wheels are substantially lighter than steel wheels, which helps improve a vehicle's fuel economy, reduce stress on various components, and improve handling. Alloy wheels are standard on most current automobiles. How are they manufactured, will pique the interest of curious minds. These are the ten steps in the alloy wheel manufacturing process: Step 1: The plant receives raw aluminium. Aluminium is mined and transported to a facility for processing. Step 2: Analyze The Chemical Composition of the Raw Materials: Along with employee inspections, the raw material is subjected to extensive chemical testing to guarantee that it is, in fact, aluminium. Machines test the chemical balance and any materials that do not meet the required standards are discarded. Step 3: The Melting Process: The next stage is to begin the construction process. To begin the melting process, the acceptable material is placed in the oven. This is a short procedure. Melting the aluminium into an useable substance can take anywhere from 10 to 30 minutes. Step 4: Enamel Casting: Low-pressure die-casting technology is used to produce alloy wheels. Yxlon automatic X-ray equipment are used to inspect the castings. Step 5: X-Rays: The wheels are inspected for quality and any damage or faults. Step 6: Tilt Milling: After the wheels have been tested for quality, they go through the tilt milling process. Employees use a tilt mill tool to remove metal from a moving work piece by spinning a multi-tooth cutter. A quill feed lever on the head can be used to feed the spindle up and down. Step 7: Inspection: The wheel is subjected to a manual inspection to look for flaws. They take measurements of the wheel's separate components to ensure that they meet the design specifications. A 'brute force' inspection is also carried out, in which the wheel is subjected to extreme pressure in order to determine its breaking point. Step 8: Finishing Touches and Finishing Touches: After that, the wheel is moved to the stage of painting and treatment. The wheel goes through a variety of steps to safeguard it from the constant wear and tear that automobiles can cause. The process is fully automated thanks to a series of equipment. Step 9: Quality Assurance: The wheel is then examined for quality, similar to the inspection step. Following the painting and protection, an employee will sit beside the conveyor belt and inspect the wheel for any blemishes or dents that would prevent it from being sold. Step 10: Shipment: After the wheel has been produced and inspected, it is ready to be shipped to its final destination. The demand for light weight wheels with the same strength as steel wheels, as well as good thermal stability and ductility, is driving the growth of the automotive alloy wheel market. Automotive alloy wheels are made of magnesium or aluminium alloys, or a combination of the two. Automotive alloy wheels are light-weight wheels that help a car's steering and speed. During the period 2021-2025, the alloy wheel market is expected to increase by USD 3.41 billion, with a CAGR of above 4%. Due to changing weather conditions, there is a growing demand for light weight and corrosion resistant alloy wheels, which is a major factor driving the growth of the automotive alloy wheel market. Tubeless tyres are supported by automotive alloy wheels, which also provide improved brake grip. These are some of the advantages that are projected to boost demand for automobile alloy wheels, accelerating the expansion of the automotive alloy wheel market in the future years. Other major elements that will drive the expansion of the automotive alloy wheel market include a minimal reduction in fuel consumption and precise steering control.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Most Lucrative Production Business Opportunities in Non-Woven Geotextile. Profitable Business Idea in Construction Industry.

Geotextiles are synthetic textiles that are permeable. It's usually made of polyester or polypropylene polymers. Geotextiles are used to improve soil stability, limit erosion, and improve drainage. Geotextiles can be made from a wide range of polymers and manufacturing processes, making them suitable in a wide range of civil construction applications. Geotextile and geosynthetics products such as geogrids, geonets, and other geotextile and geosynthetics products can also be used in geotechnical and environmental engineering design. Non-woven geotextiles are made by tying together long and short fibres using needle punching or other processes. The geotextile is then given a second heat treatment to strengthen its strength even more. Non-woven geotextiles are best employed in drainage, separation, filtration, and protection applications due to their manufacturing process and permeability qualities. Nonwoven fabrics are classified by their weight and have a felt-like feel and appearance. There is now a geotextile fabric that is perfect for your project, whether you need ground stability, separation of sub-base layers, aggregates and other materials, or drainage and filtration. Make sure you choose the correct one each time. In geotextiles, geosynthetics material especially nonwovens are used in the civil engineering field. Nonwovens materials are used to separation, reinforcement and as filters in the construction. The non-woven geotextiles are made from either continuous filament yarn or short-staple fibres. The fibres are usually bonded using thermal, chemical, or mechanical techniques, or by combining two or all of the methods. They are used mainly for separation, protection, and filtration purposes in the areas of roadway, railroad, landfill, or civil and environmental projects. The manufacturing method uses a process with endless filaments to ensure the use of high-quality materials. Non-woven geotextiles are resistant to all chemicals and biological media occurring in the soil and construction materials. The material cannot be dissolved by water, making it safe for groundwater. They are also equipped with U-stabilizer to provide extended resistance to direct sunlight. In 2019, the global geotextiles market was valued at USD 4.6 billion, with a CAGR of 11.9 percent expected during the forecast period. Over the projected period, increased use of geotextiles in a wide range of construction applications such as highways, landfills, drainage systems, and harbours to improve soil stability is expected to drive market expansion. The increased longevity and cost-effectiveness of geotextiles, as well as growing environmental concerns about soil erosion, are expected to fuel geotextile demand. Regulatory organizations’ promotional policies and actions have helped raise knowledge about the benefits of geotextiles, resulting in market growth. Nonwoven geotextiles led the geotextile market in 2019 due to their widespread use in construction, furniture, hygiene goods, vehicles, medical products, agriculture, and packaging, among other applications. Over the projection period, the nonwoven segment is expected to grow at a strong revenue-based CAGR of 12.2 percent. Because of their excellent tensile strength and low cost, nonwoven geotextiles are in high demand for transportation infrastructure projects. Furthermore, nonwoven geotextile demand is likely to be driven by infrastructure improvements in Asia Pacific economies such as China and India. Key Players: 1. Maccaferri Environmental Solutions Pvt. Ltd. 2. Parry Enterprises India Ltd. 3. Skaps Industries India Pvt. Ltd. 4. Strata Geosystems (India) Pvt. Ltd. 5. Techfab (India) Inds. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Set up a Sustainable Industrial Park. -“self-contained island providing high-quality infrastructural facilities. Integrated industrial parks offer industrial, residential, and commercial areas with developed plots/ pre-built factories, power, telecom, wat

The SIDC or another government body / statutory authority is usually in charge of promoting industrial parks. A government agency plans, approves, develops, manages, and regulates the projects, with just a small amount of private sector involvement. Industrial parks can be promoted through a variety of schemes, including Growth Centres, Export Processing Zones, Free Trade Zones, Export Promotion Industrial Parks, Software Technology Parks, and Electronics Hardware Technology Parks. Industrial parks can be designed to include additional services and features that benefit the businesses who rent space there. Commodities and completed products can be transported to large industrial hubs for distribution through ports. The cargo is transferred to trucks and railroad waggons using cranes and other heavy lifting equipment available at the industrial park. Within the industrial park, freight can also be housed in warehouses. Manufacturers with access to a port can easily obtain the resources they need to make their products if they are located in an industrial park with port access. • Industrial parks are very adaptable. One of the primary advantages of industrial parks over other types of real estate development is that many, if not all, of them are flexible or easy to reconfigure. • Industrial parks can have production, transportation, and storage facilities all in one location. Chemical facilities, plastics makers, food and beverage processors, and steel producers are all examples of this. • Industrial parks aren't just for the benefit of the local economy. The country benefits from this type of real estate endeavor in two ways. If the complex houses local industries that can be developed, the first option is the best. • Every continent has a unique niche and competitive advantage to offer international and foreign investors. Central America, for example, is one of the fastest-growing regions in the world, with developing infrastructure and abundant natural resources. Something not insignificant. • One industry benefits from the proximity of another. A finished product from one industry can be used as a raw material in another. Because both industries will be housed in the same complex, transportation and implementation expenses would be saved. • The industrial leaders are also relieved by the proximity. The initial outlay is minimal, and all necessary infrastructure and support services are easily available. As a result, entrepreneurs may devote their entire attention to the firm and its growth. • More jobs will be created. Industrial parks boost labour mobility and generate more work opportunities. Because many of the units require a lot of labour, there are chances for both skilled and unskilled workers. Estimating demand for an industrial park is difficult because the existence of an industrial park (IP) is a catalyst for industrial investment in the surrounding area. Another difficulty is to divide the total planned industrial investment into units that will most likely be situated inside IPs and those that will most likely be located outside IPs. Small to medium units have historically been more likely to be found in IPs. Government policies also have an impact on demand for industrial parks. An IP-friendly approach should encourage greater investments to be made in industrial parks rather than isolated businesses. The demand for industrial parks can be thought of as derived, with anticipated industrial investment serving as the driving force. As previously stated, the need for industrial parks is determined by the amount of industrial investment anticipated in the state. Demand was calculated using estimates about industrial growth, project investment to land area norms, project phasing, and the chance of stated or proposed projects being completed. Key Players: • Ansal Landmark Townships Pvt. Ltd. • Cessna Garden Developers Pvt. Ltd. • D L F Garden City Indore Pvt. Ltd. • Entertainment City Ltd. • Godrej Garden City Properties Pvt. Ltd. • Himachal Textile Park Ltd. • Industrial Township (Maharashtra) Ltd. • Infinite Infopark Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Emerging Business Opportunities in Production of Milk Powder (Baby Milk for 0 to 5 year, Milk Powder for Coffee and Tea).

Powdered milk is made by eliminating the water from milk and evaporating it to dryness. Spray drying is the most common method of producing powdered milk, which is a manufactured dairy product. After raw milk has been pasteurized, it is sprayed dry. It's then cooked, evaporated, then heated again to get a concentrated milk solids combination. After that, the mixture is sprayed into a heated chamber, where it is reduced to fine particles. Milk's capacity to revert to its former state when rehydrated with water is due to this atomized process. Milk is frequently dried again after the spray drying process to ensure that any remaining moisture is eliminated before packaging. It is then shipped to a variety of destinations, including grocery stores, emergency food warehouses, and countries with limited access to fresh milk. Powdered milk is commonly used in the production of newborn formula, confectionary like chocolate and caramel candy, and baked goods recipes where liquid milk would make the result too thin. Powdered milk is also used in a variety of sweets, including the famous Indian milk balls known as gulab jamun and the iconic Indian sweet treat known as chum chum (sprinkled with desiccated coconut) (made with skim milk powder). Powdered milk is used in many no-cook nut butter recipes to keep the nut butter from turning liquid by absorbing the oil. • Milk powder contains nearly the same amount of proteins (26%) and carbs (37%) as liquid milk, however the water content is reduced to just 3%. However, depending on the commercially accessible brand, the fat percentage ranges from 25 to 28 percent. • Casein, a milk protein, is supposed to activate the entire body and aid muscle protein production. • Vitamins A and D are also added to milk powder. Vitamin A aids in the creation of bones, whereas Vitamin D aids in the improvement of vision. Both vitamins are essential for the preservation and repair of skin. • It contains calcium, which aids in the growth and preservation of teeth and bones throughout life. Breastfeeding is sometimes medically contraindicated. These are some of them: • Health of the mother: The mother is HIV-positive or suffers from active TB. She is very sick or has undergone some types of breast surgery that may have removed or severed all of the breast's milk-producing components. She is using any medicine that could harm the baby, including both prescription and illicit drugs like cytotoxic chemotherapy for cancer treatment. • Breastfeeding is not possible for the baby: Breastfeeding is difficult or impossible for the infant due to a birth abnormality or inborn metabolic error such as galactosemia. • Baby is at risk of malnutrition: Infants may be at risk of malnutrition in certain circumstances, such as iron deficiency, vitamin deficiencies (e.g., vitamin D, which may be less present in breast milk than needed at high latitudes with less sun exposure), or inadequate nutrition during the transition to solid foods. Improved diet and knowledge of moms and caregivers, as well as the availability of macro and micronutrients, can often decrease risks. • Food allergies: The mother consumes foods that may cause the infant to have an allergic reaction. • Financial constraints: Maternity leave is either underpaid, insufficient, or not available. Breastfeeding is hampered by the mother's job. Breastfeeding mothers may see a decrease in their earning ability. From 2018 to 2025, the global milk powder market is expected to increase at a CAGR of 4.4 percent, from $27,783.3 million in 2017 to $38,086.1 million in 2025. Milk powder is a dry dairy product made by evaporating milk to dehydrate it. Making milk powder has the goal of extending the shelf life of milk without the need of a refrigerator. Whole milk powder, skimmed milk powder, dairy whitener, and various varieties of milk powder are available. It is commonly consumed around the world due to its nutritional benefits, and it has been used in infant formulae, confectionaries, baked pastries, and savoury dishes. The global milk powder market is driven by factors such as an increase in the usage of milk powder in infant foods and the availability of many nutrients such as vitamin C, vitamin B12, thiamin, and high levels of protein. Furthermore, the milk powder business is growing due to lower storage and transportation costs. The inclusion of preservatives, adulteration, and tight infant food rules, on the other hand, limit the expansion of the milk powder business. The development of flavoured milk powder has opened up new commercial potential. Dehydrating milk by roller drying and spray drying produces milk powder. Milk powder is made from several types of milk, which defines the composition of the powder. Whole milk powder, skimmed milk powder, dairy whitener, buttermilk powder, fat-filled milk powder, and others make up the milk powder market, according to the research. Many consumers believe that whole milk is the most natural kind of milk, but it is less popular among individuals who are concerned about their weight or who are on a particular diet. Key Players: 1. D S P I Milk Foods Ltd. 2. Haryana Milk Foods Ltd. 3. Herman Milkfoods Ltd. 4. K K Milk Fresh India Ltd. 5. Kamdhenu Foods Ltd. 6. Kwality Ltd. 7. Markandeshwar Foods & Allied Products Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Emerging Business Opportunities in Production of Milk Powder (Baby Milk for 0 to 5 year, Milk Powder for Coffee and Tea).

Powdered milk is made by eliminating the water from milk and evaporating it to dryness. Spray drying is the most common method of producing powdered milk, which is a manufactured dairy product. After raw milk has been pasteurized, it is sprayed dry. It's then cooked, evaporated, then heated again to get a concentrated milk solids combination. After that, the mixture is sprayed into a heated chamber, where it is reduced to fine particles. Milk's capacity to revert to its former state when rehydrated with water is due to this atomized process. Milk is frequently dried again after the spray drying process to ensure that any remaining moisture is eliminated before packaging. It is then shipped to a variety of destinations, including grocery stores, emergency food warehouses, and countries with limited access to fresh milk. Powdered milk is commonly used in the production of newborn formula, confectionary like chocolate and caramel candy, and baked goods recipes where liquid milk would make the result too thin. Powdered milk is also used in a variety of sweets, including the famous Indian milk balls known as gulab jamun and the iconic Indian sweet treat known as chum chum (sprinkled with desiccated coconut) (made with skim milk powder). Powdered milk is used in many no-cook nut butter recipes to keep the nut butter from turning liquid by absorbing the oil. • Milk powder contains nearly the same amount of proteins (26%) and carbs (37%) as liquid milk, however the water content is reduced to just 3%. However, depending on the commercially accessible brand, the fat percentage ranges from 25 to 28 percent. • Casein, a milk protein, is supposed to activate the entire body and aid muscle protein production. • Vitamins A and D are also added to milk powder. Vitamin A aids in the creation of bones, whereas Vitamin D aids in the improvement of vision. Both vitamins are essential for the preservation and repair of skin. • It contains calcium, which aids in the growth and preservation of teeth and bones throughout life. Breastfeeding is sometimes medically contraindicated. These are some of them: • Health of the mother: The mother is HIV-positive or suffers from active TB. She is very sick or has undergone some types of breast surgery that may have removed or severed all of the breast's milk-producing components. She is using any medicine that could harm the baby, including both prescription and illicit drugs like cytotoxic chemotherapy for cancer treatment. • Breastfeeding is not possible for the baby: Breastfeeding is difficult or impossible for the infant due to a birth abnormality or inborn metabolic error such as galactosemia. • Baby is at risk of malnutrition: Infants may be at risk of malnutrition in certain circumstances, such as iron deficiency, vitamin deficiencies (e.g., vitamin D, which may be less present in breast milk than needed at high latitudes with less sun exposure), or inadequate nutrition during the transition to solid foods. Improved diet and knowledge of moms and caregivers, as well as the availability of macro and micronutrients, can often decrease risks. • Food allergies: The mother consumes foods that may cause the infant to have an allergic reaction. • Financial constraints: Maternity leave is either underpaid, insufficient, or not available. Breastfeeding is hampered by the mother's job. Breastfeeding mothers may see a decrease in their earning ability. From 2018 to 2025, the global milk powder market is expected to increase at a CAGR of 4.4 percent, from $27,783.3 million in 2017 to $38,086.1 million in 2025. Milk powder is a dry dairy product made by evaporating milk to dehydrate it. Making milk powder has the goal of extending the shelf life of milk without the need of a refrigerator. Whole milk powder, skimmed milk powder, dairy whitener, and various varieties of milk powder are available. It is commonly consumed around the world due to its nutritional benefits, and it has been used in infant formulae, confectionaries, baked pastries, and savoury dishes. The global milk powder market is driven by factors such as an increase in the usage of milk powder in infant foods and the availability of many nutrients such as vitamin C, vitamin B12, thiamin, and high levels of protein. Furthermore, the milk powder business is growing due to lower storage and transportation costs. The inclusion of preservatives, adulteration, and tight infant food rules, on the other hand, limit the expansion of the milk powder business. The development of flavoured milk powder has opened up new commercial potential. Dehydrating milk by roller drying and spray drying produces milk powder. Milk powder is made from several types of milk, which defines the composition of the powder. Whole milk powder, skimmed milk powder, dairy whitener, buttermilk powder, fat-filled milk powder, and others make up the milk powder market, according to the research. Many consumers believe that whole milk is the most natural kind of milk, but it is less popular among individuals who are concerned about their weight or who are on a particular diet. Key Players: 1. D S P I Milk Foods Ltd. 2. Haryana Milk Foods Ltd. 3. Herman Milkfoods Ltd. 4. K K Milk Fresh India Ltd. 5. Kamdhenu Foods Ltd. 6. Kwality Ltd. 7. Markandeshwar Foods & Allied Products Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Business Plan for Production of Unsaturated Polyester Resin.

The third largest class of thermoset moulding resins is unsaturated polyesters. They're made when a diol condenses with a mixture of saturated and unsaturated anhydrides. When cross-linked with reactive vinyl monomers like styrene, the condensation products (reactive resins) form extremely durable structures and coatings. The types of anhydrides and glycols utilised, as well as their relative amounts, determine the qualities of the cross-linked resin. The bulk of commercial unsaturated polyester resins (UPR) are made up of 1,2-propylene glycol as the diol and phthalic and maleic anhydride as the saturated and unsaturated components. Epoxy resins such as epichlorhydrin or bisphenol A diglycidyl ether can also be used to condense anhydrides and acids. The epoxy compounds' oxirane rings behave as difunctional glycols, which means they can replace all or portion of the polyols. Glycidyl methacrylates are sometimes used to cap carboxylated unsaturated polyesters. To tailor the characteristics of unsaturated polyesters, a variety of glycols, acids, and anhydrides can be utilised. Long-chain aliphatic acids, such as adipic or succinic acid, improve flexibility but diminish chemical and heat resistance, therefore isophthalic acid (IPA) and terephthalic acid (TA) are sometimes used to provide higher thermal and chemical resistance. Ethylene glycols, such as diethylene glycol and polypropylene glycol, can improve flexibility in a similar way. To tie off excess hydroxyl and carboxyl groups and lower the molecular weight of the final prepolymer, monofunctional acids and bases can be used. The following are some of the benefits of polyester resin: 1. Resistant to water and a wide range of chemicals. 2. Weather and age resistance is adequate. 3. It is inexpensive. 4. Polyesters can endure temperatures of up to 80 degrees Celsius. 5. Polyesters have good wetting properties when it comes to glass fibres. 6. Relatively low shrinkage during curing, ranging from 4–8%. 7. The range of linear thermal expansion is 100–200 x 106 K1. In 2019, the global unsaturated polyester resin market was worth USD 11.63 billion. In these end-use areas, recent advancements in the building and construction and tank and pipe industries are projected to fuel demand for isophthalic. The market for unsaturated polyester resin is expected to benefit from increased use of environmentally friendly and energy-saving products (UPR). Bio-based unsaturated polyester resins, which offer recyclability, excellent strength, and thermal and corrosion resistance with lower thickness, are expected to drive market growth. Demand is expected to be bolstered by technological breakthroughs, innovations, and studies aimed at broadening the product's application scope. In 2019, Asia Pacific dominated the UPR market with a revenue share of over 57.0 percent. The growth of major end-use industries such as construction, electronics, transportation, and marine is driving the market. In the near future, the market for UPR is expected to grow due to the automotive industry's strong manufacturing base in China, Japan, and India, as well as increased passenger vehicle sales. In addition, over the forecast period, rising demand for composites in solder pallets, speaker housings, and reinforced cell phones is expected to boost the market for UPR. However, the availability of alternative polymer resins for composites manufacturing, such as epoxy resin and nylon, is expected to limit demand for UPR in electrical applications. Key Players: • Ashland India Pvt. Ltd. • Ineos Styrolution India Ltd. • Kanoria Chemicals & Inds. Ltd. • Lanxess India Pvt. Ltd. • Reichhold India Pvt. Ltd. • Satyen Polymers Pvt. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Business Plan for Production of Unsaturated Polyester Resin.

The third largest class of thermoset moulding resins is unsaturated polyesters. They're made when a diol condenses with a mixture of saturated and unsaturated anhydrides. When cross-linked with reactive vinyl monomers like styrene, the condensation products (reactive resins) form extremely durable structures and coatings. The types of anhydrides and glycols utilised, as well as their relative amounts, determine the qualities of the cross-linked resin. The bulk of commercial unsaturated polyester resins (UPR) are made up of 1,2-propylene glycol as the diol and phthalic and maleic anhydride as the saturated and unsaturated components. Epoxy resins such as epichlorhydrin or bisphenol A diglycidyl ether can also be used to condense anhydrides and acids. The epoxy compounds' oxirane rings behave as difunctional glycols, which means they can replace all or portion of the polyols. Glycidyl methacrylates are sometimes used to cap carboxylated unsaturated polyesters. To tailor the characteristics of unsaturated polyesters, a variety of glycols, acids, and anhydrides can be utilised. Long-chain aliphatic acids, such as adipic or succinic acid, improve flexibility but diminish chemical and heat resistance, therefore isophthalic acid (IPA) and terephthalic acid (TA) are sometimes used to provide higher thermal and chemical resistance. Ethylene glycols, such as diethylene glycol and polypropylene glycol, can improve flexibility in a similar way. To tie off excess hydroxyl and carboxyl groups and lower the molecular weight of the final prepolymer, monofunctional acids and bases can be used. The following are some of the benefits of polyester resin: 1. Resistant to water and a wide range of chemicals. 2. Weather and age resistance is adequate. 3. It is inexpensive. 4. Polyesters can endure temperatures of up to 80 degrees Celsius. 5. Polyesters have good wetting properties when it comes to glass fibres. 6. Relatively low shrinkage during curing, ranging from 4–8%. 7. The range of linear thermal expansion is 100–200 x 106 K1. In 2019, the global unsaturated polyester resin market was worth USD 11.63 billion. In these end-use areas, recent advancements in the building and construction and tank and pipe industries are projected to fuel demand for isophthalic. The market for unsaturated polyester resin is expected to benefit from increased use of environmentally friendly and energy-saving products (UPR). Bio-based unsaturated polyester resins, which offer recyclability, excellent strength, and thermal and corrosion resistance with lower thickness, are expected to drive market growth. Demand is expected to be bolstered by technological breakthroughs, innovations, and studies aimed at broadening the product's application scope. In 2019, Asia Pacific dominated the UPR market with a revenue share of over 57.0 percent. The growth of major end-use industries such as construction, electronics, transportation, and marine is driving the market. In the near future, the market for UPR is expected to grow due to the automotive industry's strong manufacturing base in China, Japan, and India, as well as increased passenger vehicle sales. In addition, over the forecast period, rising demand for composites in solder pallets, speaker housings, and reinforced cell phones is expected to boost the market for UPR. However, the availability of alternative polymer resins for composites manufacturing, such as epoxy resin and nylon, is expected to limit demand for UPR in electrical applications. Key Players: • Ashland India Pvt. Ltd. • Ineos Styrolution India Ltd. • Kanoria Chemicals & Inds. Ltd. • Lanxess India Pvt. Ltd. • Reichhold India Pvt. Ltd. • Satyen Polymers Pvt. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
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