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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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Start business of manufacturing ISO Freight Containers

An ISO freight container, often called a cargo container, is a sizable metal box used for storing and moving products. Depending on its intended usage, an ISO freight container's size changes. For instance, shipping containers used to transport goods from China to the United States would be considerably smaller than those used for domestic usage. They are primarily built of steel, making them incredibly strong and able to survive a variety of terrain and weather situations. The shipping sector, which uses freight containers, has had consistent expansion in recent years. Manufacturing of freight containers is growing in popularity at the same time that freight shipping is becoming more significant to manufacturers and merchants. It's critical to understand why the business is expanding now if you're thinking about entering the sector. The Benefits of Starting Business of ISO Freight Containers Numerous factors contribute to the rising economy of the ISO freight container manufacturing sector. First off, employing ISO freight containers has a lot of advantages. They can accommodate both passengers and goods. Furthermore, they are resilient and resistant to severe weather. Finally, because they can be stacked, using them allows businesses to require less storage space. Additionally, new technologies like RFID tags that enable container tracking have been successfully developed by the ISO freight container manufacturing sector. Workers now have a simpler time at all times locating the appropriate box thanks to these advancements. Another advantage of this firm is that its revenue margins are frequently better than those of businesses in sectors like steel production or construction. And last, it's one of the few sectors where demand is continually increasing globally. Indian Market Outlook By 2028, the container market in India is projected to be worth USD 10.3 billion, expanding at a compound annual growth rate (CAGR) of 1.7%. Over the past few years, India's industrialization has increased dramatically, and with it, so has the country's need for ISO freight containers. The demand for ISO freight containers in Indian markets has led to a sharp rise in the number of manufacturing firms. Only 1.2 million containers are produced annually, according to the International Organization of Standardization's (ISO) most current assessment, despite the world's capacity for 2 million. 800,000 containers are now not available on the market, thus there are plenty of opportunities for new firms to succeed in this booming sector! Global Market Outlook With a forecasted growth rate of 4.3% from 2020 to 2027, the market for shipping containers worldwide, which was valued at $8.70 billion in 2019, is expected to reach $12.08 billion by that time. The Asia Pacific region dominated the regional market in 2020, accounting for 68.1% of global sales. The region's active marine trade with countries like China, Japan, India, South Korea, and others in the Asia Pacific is largely responsible for the region's strong position on the global market. China, South Korea, and Japan are the top three producers of ships. Together, these countries provided 95% of the ships that were recently built in 2019. Significant export volumes, intraregional trade, and expanding manufacturing activity, particularly in these countries, are also expected to contribute to the market's ongoing expansion. Between 2020 and 2028, Europe, the second-largest market for shipping containers, is anticipated to rise significantly. Rising marine trade is anticipated to remain a key factor in the expansion of the European market. Conclusion If you are looking to start a business and have a desire to be your own boss, you may want to consider starting your own ISO freight container business. This is a great idea for someone who has the ability to take on financial risk and wants to make a substantial amount of money. It takes little overhead to get started and there is always room in the market because it's something that everyone needs. A lot of people think they can't do this because they don't know anything about containers, but all you need to do is Google it! There are tons of resources out there to help guide you through the process. It may not seem like it at first, but if you work hard and put in a little time every day, this could turn into one of the best decisions you ever made. Key Players • Bertschi AG • BNH Gas Tanks • Bulkhaul Limited • Danteco Industries BV • NewPort Tank • A.P. Moller – Maersk • China International Marine Containers (Group) Ltd • COSCO SHIPPING Development Co., Ltd. • CXIC Group • Singamas Container Holdings Limited • TLS Offshore Containers/TLS Special Containers • W&K Containers, Inc. • Thurston Group Limited • OEG • Sea Box, Inc. • IWES LTD. • Norcomp Nordic AB Capacity: ISO Standard Cargo Container Size: 20Ft 15,000 Nos. Per Annum ISO Standard Cargo Container Size: 40Ft 15,000 Nos. Per Annum
Plant capacity: 15,000 Nos. Per AnnumPlant & machinery: 4560 Lakhs
Working capital: -T.C.I: 9658 Lakhs
Return: 12.00%Break even: 58.00%
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How to Start Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Industry | Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Production Business

An organic material with a large surface area is activated carbon. Typically, it is made from sawdust, bamboo, and coconut shell. The treatment of drinking water, wastewater, and air pollution can all benefit from the activated carbon's ability to absorb pollutants in water. Additionally, it eliminates offensive tastes and odours from the food business. Visit this Page for More Information: Start a Business in Activated Carbon Industry Uses and Applications: A porous substance with a lot of surface area, activated carbon may absorb gases and volatile substances. The variety of target molecules that activated carbon products adsorb or react with, as well as their possible applications, are varied. Watch Video: Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Based Industry Business Plan Filters made of activated carbon are used to purify the air by capturing pollutants such dust, smoke, bacteria, and chemical vapours. Because activated charcoal absorbs radioactive materials, it is utilized to make clothing that protects against radiation exposure. Related Business Plan: Set Up Activated Carbon From Rice Husk, Saw Dust & Coconut Shell Manufacturing Business Plan Manufacturing Process: There are four distinct stages to the production of activated carbon. The first step involves pyrolyzing coconut shell and sawdust to produce activated carbon. At this point, char particles are created by heating the raw materials to 400 degrees Celsius in a sealed container. The second stage, which takes about an hour, involves turning the char particles into activated carbon using steam at 900 degrees Celsius and pressures of 2-3 bars. Until all of the raw material is transformed, char particles are continuously fed into the reactor. Download PDF: Start Activated Carbon from Rice Husk Saw Dust and Coconut Shell Processing Business In the third stage, filter cloths are used to separate the created activated carbon from water (brine). It is then dried in hot air furnaces in preparation for future adsorbent use. The creation of activated carbon using sandalwood powder and rice husk similar steps but yields a smaller amount of the finished product. Read Similar Articles: ACTIVATED CARBON Benefits of Starting Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Manufacturing Business: - Starting a firm that produces activated carbon from rice husks, sawdust, and coconut shells has many advantages. There are lots of prospects for business owners who want to produce these items because of the rising demand for them in the cosmetics industry and because of global warming. - Since the market is expanding, new business owners who are unfamiliar with the industry might fare better. It is simple to establish a modest manufacturing facility. Because they can use their leftover materials, like sawdust, rice husks, etc. to make money, many people are also interested in launching this business. - Since there aren't many expenses related to labour or raw materials, starting this kind of business requires little capital. Watch Video: Activated Carbon | Activated Charcoal Powder | Activated Coal Manufacturing Plant Market Size in India: The future of the coconut shell, sawdust, and rice husk activated carbon markets in India looks bright. Coal-based facilities contribute for 48% of India's total consumption, while gas-based facilities account for 33%. Has grown in popularity recently due to its capacity to filter out environmental pollutants like mercury and arsenic that coal-based power plants leak into the environment. The price to buy it is expensive, though. Related Feasibility Study Reports: Manufacturing Business Plan for Activated Carbon from Rice Husk, Saw Dust & Coconut Shell Global Market Outlook: Due to the growing demand for an eco-friendly replacement for plastics, the outlook for the global market for activated carbon made from rice husk, sawdust, and coconut shell is favourable. Read our Books Here: The Complete Book on Biomass Based Products (Biochemicals, Biofuels, Activated Carbon) Over the next five years, it is expected that this $14 billion business would expand by 20%. At a CAGR of 5.6% over the projected period, it is expected that the global market for activated carbon would increase from $4.98 billion in 2022 to $7.73 billion in 2030. Due to the significant demand for the product from numerous end-use sectors, including water treatment and air & gas purification, activated carbon is the market category with the quickest growth. Watch other Informative Videos: Carbon Fiber Composites Manufacturing Plant Click here to send your queries/Contact Us 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
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Return: 1.00%Break even: N/A
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How to Start an E-waste Recycling Business?

If you haven't noticed, we now live in a world with an increasing number of electronic devices. This has resulted in a rise in the need for recycling organisations like this one, which give businesses and individuals the chance to properly get rid of their old electronics while utilising the most cutting-edge technological advancements. While most people simply discard their outdated technology in the trash or donate it to a good cause, other persons or organisations see it as an opportunity to recycle their e-waste products in order to get some extra income. E-waste recycling facilities are a great method to cut down on how much electronic waste ends up in landfills and incinerators. As there are no hazardous emissions produced during the recycling process, these enterprises also practise environmental sustainability. You can make money with an e trash recycling facility by gathering used electronics from citizens, businesses, and governmental institutions. Benefits of Starting Business of E-Waste Recycling Plant One of the fastest-growing waste streams in the world is e-waste. Electronic garbage is being disposed of at an increasing rate as more electronics are produced. Our recycling facility plays a role in this. Only a small portion of these wastes are recycled at the moment. We want to ensure that all recyclable e-waste may be converted into new products with the help of our recycling facility. According to a recent study, Americans discard 2 million tonnes of electronics annually, 1.5 million of which are CRT (cathode ray tube) televisions, computer monitors, and television sets, each of which weighs more than six pounds. Plastics are expected to end up in landfills more frequently over time as they degrade since there isn't enough space on the ground for outdated appliances to keep them. There won't be any space left on Earth for anything else to go if something doesn't change soon. Because of this, we must start acting differently right away. This recycling facility makes new versions of these damaged pieces of machinery. Global Market Outlook The market for managing electronic waste was estimated to be worth $49,880 million in 2020, and it is anticipated to grow to $143,870 million by 2028, with a CAGR of 14.3% between 2021 and 2028. Over the projection period, the APAC region will lead the market for recycling electronic trash. Increases in per capita income across many nations, sales of electronic devices like computers, refrigerators, and mobile phones, sales of electrical and electronic devices, reluctance to repair defective devices, the export of e-waste from developed regions to developing nations like Pakistan, China, and India, rising environmental concerns, and new product developments for continuous innovation and price reductions of electronic goods are all contributing factors. Conclusion There are many benefits to starting up an e-waste recycling plant. For one, it is a great way to clean up the environment and eliminate toxic waste. It also creates jobs and helps communities grow by providing them with a sustainable source of income. Finally, it is worth noting that recycling e-waste saves money and resources because it reduces the need for new production. That means there will be less demand for metal ores and natural resources like petroleum. Furthermore, this process keeps these dangerous materials out of landfills and ensures they won't contaminate ground water supplies. With these many benefits in mind, setting up an e-waste recycling plant might just be the perfect choice for your company. Key Players: • Umicore SA • Quantum Lifecycle Partners • Enviro-Hub Holdings Ltd • Stena Technoworld AB • Tetronics International Limited • Electronic Recyclers International Inc • SIMS Limited • Aurubis AG • Boliden AB • Attero Recycling Pvt. Ltd. • Great Lakes Corporation • E-Parisaraa Private Limited • Greentec • Cleanaway • Veolia Environment SA Capacity: Plastic Granules 1,41,000 Kgs per annum Glass Scrap 1,05,900 Kgs per annum Copper Scrap 88,200 Kgs per annum Precious Metals (Nickel, Tin & Zinc) 18,000 Kgs per annum Gold 5.760 Kgs per annum Silver 11.520 Kgs per annum Palladium 0.288 Kgs per annum
Plant capacity: 1,41,000 Kgs per annumPlant & machinery: 107 Lakhs
Working capital: -T.C.I: 336 Lakhs
Return: 27.00%Break even: 58.00%
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Ginger Oil & Ginger Powder Production business

A fragrant oil derived from ginger is called ginger oil, commonly referred to as ginger essence. It smells warm and spicy with hints of sweetness and citrus. This kind of oil has a long history of use, having been utilised for therapeutic purposes in ancient China and India. On the other hand, to make ginger powder, the dried root is finely ground. The distinctive feature of this product is that it may be added to herbal medicines or tea blends in addition to being used in cooking. Uses and Application For thousands of years, ginger has been utilised in traditional medicine. It is becoming more well-known for its usage in curries, but it is also found in Chinese and Ayurvedic medications, as well as other herbal treatments. Numerous studies have demonstrated the health benefits of ginger, which range from promoting healthy immunological function to lowering risk factors for heart attack and stroke. Asian cooking frequently includes ginger root, and its oil has been used for generations as an anti-inflammatory. Additionally, it is employed to lessen the effects of motion sickness, nausea, and headaches. Recent research suggests that ginger may be useful in lowering the chronic pain brought on by inflammatory diseases including rheumatoid arthritis and osteoarthritis. Ginger powder can be used as a flavouring agent in any dish or beverage or as a standalone supplement. Ginger oil is a multipurpose product that has several applications, including use as a fragrance in cosmetics. There are various benefits to consuming more ginger, such as flavouring your food and relieving stomach or sore throat pain. Indian Market Outlook Since ancient times, ginger has been utilised both as a culinary element and as a medicine. The majority of it is grown in India, where it has been since the eighth century AD. Despite being available in grocery shops all over the world, India continues to be the main producer of ginger oil. The main cause of this is that unlike many other foods and spices, ginger oil cannot be mass-produced. Its demand therefore outpaces its supply. India and China are the only two countries in the world where ginger oil is produced on a substantial scale. Due to their closer proximity to end markets, Indian manufacturers have an advantage over their Chinese counterparts as the world's demand rises. These companies also profit from the Indian government's subsidies and low labour costs. On the other hand, in order to save on transportation expenses, ginger powder production typically occurs closer to consuming markets. Global market outlook In 2021, the market for processing ginger on a global scale was worth US$387.5 million. The market is anticipated to grow at a CAGR of 11.75% from 2022 to 2027, reaching US$ 767.2 million. North America, the Middle East and Africa (MEA), Asia Pacific, Europe, and Latin America have become the world's biggest provincial ginger markets. The Asia Pacific region has become the most alluring regional market for ginger and has gained the top spot on the global market. The Asia-Pacific region is expected to have a growth in the next years, maintaining its hegemony on the worldwide market. The creation of medicinal flavours, of which ginger makes up a significant percentage, has been influenced by the massive growth of the Ayurveda sector in the Asia-Pacific region. As a result, the ginger market throughout Asia and the Pacific is being favourably impacted. Scientists believe that things will continue as they are for the next couple of years. Conclusion If you are looking for an opportunity to make your own products, then starting a manufacturing business is the perfect way to go. The process of making products from the ground up is rewarding in many ways, and it's easier than you might think. All you need is some creativity and the willingness to put in some hard work. By starting with something that you know, like ginger oil or ginger powder, you can get started right away without spending too much money. It's also great because you will be able to keep your start-up costs low. Starting small is a smart idea if this is your first time around. There will always be more opportunities down the road if you want to expand, so why not start now? Key Players in the Global Ginger Market • Organic Mountain Flavor Pvt. Ltd. • Capital Foods Ltd. • Buderim Group Limited • The Ginger People • Canadian Ginger Company • Indian Organic Farmers Producer Company Limited (IOFPCL) • AKO GmbH • Guangxi Yongjiang Food Industry Co., Ltd Capacity: Ginger Oil 60,000 Kg. Per Annum Ginger Powder 1,44,000 Kg. Per Annum
Plant capacity: 60,000 Kg. Per AnnumPlant & machinery: 381 lakhs
Working capital: -T.C.I: 528 lakhs
Return: 28.00%Break even: 66.00%
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Potassium Permanganate Manufacturing business

Chemically, potassium permanganate has the formula KMnO4. It is a salt made up of potassium ions and manganese dioxide. Industrial applications include disinfection, oxidising fireworks, and producing other chemicals like sulfuric acid. Although producing chemicals like potassium permanganate might seem risky to some, it's actually a tremendously lucrative industry. Additionally, the market research indicates that this industry will continue to expand rapidly in the years to come. In fact, Thailand, China, and India are the three countries that manufacture the most potassium permanganate worldwide, and new nations have recently joined the race to create this chemical and profit handsomely from it. Uses and application Water treatment, bleaching, and textile production have all used potassium permanganate as an oxidising agent. It can also be used to make hydrochloric acid and potassium hydroxide. The most popular application for potassium permanganate is the production of chlorine gas, which can subsequently be combined with hydrogen gas to create a mixture of hydrogen chloride and manganese dioxide. Chlorine or manganese dioxide can then be produced by heating the gas mixture. Because hydrogen chloride dissolves several metals more readily than pure hydrochloric acid, it is frequently utilised in the production of chemicals. Additionally, compared to heating just the chlorine, heating this gas mixture first and then heating it results in more manganese dioxide being produced. In organic synthesis reactions, potassium permanganate can also be used as a catalyst. In such circumstances, it aids in the onset of specific types of chlorination reactions involving dichloroethane, commonly known as ethylene dichloride, and alcohols. Ethyl chloride, the byproduct of these processes, is widely utilised in refrigeration systems to regulate the ozone-depleting chemicals known as chlorofluorocarbons. Furthermore, potassium permanganate is employed medically in a few third-world nations. For instance, medical professionals in Bangladesh occasionally combine sugar and potassium permanganate to make a syrup. The syrup is consumed by those with chronic diarrhoea as a treatment because it includes soluble carbohydrates, which provide sick people energy. Global market outlook In 2020, the market for potassium permanganate was valued at USD 804,36 million, and it is anticipated to grow at a CAGR of more than 4% during the following five years (2021-2026). In particular, potassium permanganate can be used to help remove iron and hydrogen sulphide from industrial waste water. Potassium permanganate is a chemical component that is employed in many different sectors. The need for providers of potassium permanganate has increased as the demand for this chemical compound develops around the world, particularly in China where textile factories and paper mills utilise it significantly. Manufacturers are figuring out ways to make more potassium permanganate in a shorter amount of time. Asia Pacific, the Middle East and Africa, and Latin America are anticipated to grow at the quickest rates over the ensuing seven years. The regional market is expected to grow in countries like China, Japan, Brazil, Saudi Arabia, India, Vietnam, Malaysia, Indonesia, and Argentina thanks to government initiatives and rising end-use industries. Market growth in North America and Europe is predicted to be consistent throughout the ensuing seven years. The industry in these regions is slowly recovering from the crisis, and in the next years, demand is anticipated to rise sharply. Due to numerous regulatory affiliations, the potassium permanganate market in Europe has a wide range of opportunities. Air purification, odour management, and oxygen level maintenance are a few applications that are helpful for market advancement. Indian market outlook A chemical substance called potassium permanganate is used to make a variety of goods, such as fertilisers and pesticides. Given that India is among the world's top producers of agricultural goods, it is a necessary good for farmers. Numerous chemical companies that produce potassium permanganate as well as the consumers that buy it are located in the nation. Potassium permanganate costs have fallen as demand has increased due to the increased use of this substance, which has led to more manufacturers producing it, increasing its profitability. Furthermore, by offering their goods at lower prices than their rivals, all new market entrants have drastically altered market dynamics, causing prices to fall and vendor competition to rise. Conclusion To recap, there are three main reasons why you should start manufacturing potassium permanganate. The first reason is that it's a profitable product with little to no competition in the marketplace. Second, while it may be difficult to find potential suppliers at first, the barriers to entry are low. Third, and finally, the process for producing potassium permanganate is simple and straightforward. Furthermore, as demand increases and more companies get into the business of potassium permanganate production, prices will likely fall - which means now is an excellent time to get in on this potentially lucrative market. So what are you waiting for? Start your own potassium permanganate business today. Key Players: • Changyuan Group • Carus Group Inc. • Organic Industries Pvt. Ltd. • B2Brazil • Libox Chem India Pvt. Ltd • Seidler Chemical Co, Inc.
Plant capacity: 5,000 MT Per AnnumPlant & machinery: 176 lakhs
Working capital: -T.C.I: 1287 lakhs
Return: 28.00%Break even: 66.00%
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Start Trading/Export of Spices (Coriander, Chilli, Turmeric & Cumin) business

Spices have a very long history in Indian culture, notably in the food. The availability of various spices from all over the Indian subcontinent has a big impact on Indian food. Every meal often includes at least two or three different types of spices because they are so essential to Indian cuisine. Indian cuisine frequently contains up to six or seven distinct types of spices. Spices are employed as preservatives in addition to flavouring agents. Since ancient times, spices have played a crucial role in global trade. In the past, spices were used as money to pay for goods such as rent or taxes, to honour a king, or to broker peace between opposing tribes. To this day, the prosperity of international trade still depends on spices. Nearly 40% (by weight) of all the spices consumed in the US are imported. By volume, India is the world's top producer and exporter, and Indonesia is the top exporter by value. Although it is no longer a significant role in the world's spice trade, China formerly was. China used to import over 100 metric tonnes from Myanmar each year just 50 years ago; today, Myanmar produces around 800 metric tonnes yearly and exports about 700 metric tonnes. In recent years, India has eclipsed China as Myanmar's most significant trading partner. According to a recent research by the Department of Agriculture, persons who said they ate more spicy meals had a lower risk of dying from cancer, heart disease, or a stroke. It has been hypothesised that capsaicin, a substance found in chilli peppers, may be to blame for this association. Capsaicin has been demonstrated to lessen inflammation in the body, aiding in the prevention of several diseases. Additionally, it has been demonstrated that the chemicals in spices can improve mood and combat depression. In addition to enhancing digestion, spices are utilised as natural preservatives for food. Scope for Startups in the Spice Trade Industry One of the most lucrative and fascinating enterprises in the world is the trade of spices. There is a lot of money to be made in this market, which is estimated at $14 billion annually. In addition, it has a reputation for being a complicated industry with numerous players, which makes it even more alluring for would-be business owners to get involved. Look no further than spice trading if you're seeking for a new business endeavour that has the potential to bring you both financial security and global adventure. a flourishing industry in Australia, Asia, Africa, Europe, and all of the above. There are many methods to enter the industry, such as an import agent, a food manufacturer, a wholesaler, or a retailer. There is sure to be a place for you in this exciting sector, however you want to get involved! Here are some of the best advice for success from spice professionals, regardless of your chosen niche: First, conduct research. Before ever considering any transactions, conduct a comprehensive investigation of your target market. You must be aware of the costs of the goods and any applicable laws in each nation you intend to import it into. Look for trustworthy vendors of top-notch spices. Always conduct business with authorised traders and suppliers who can deliver genuine goods with quality assurance certificates for export. Know your audience. Finding clients has never been simpler in today's increasingly globalised economy, but getting to know them well enough to keep them coming back is crucial. Global Market Outlook The size of the world market for spices was estimated at USD 5.86 billion in 2019 and is anticipated to increase at a CAGR of 6.5% from 2020 to 2027. The trade in spices has been a significant industry for many years and is still prevalent today. Asia accounts for more than two thirds of the world's spice trade, with the Middle East coming in second. North America, though, is swiftly catching up. In 2014, the United States alone imported spices worth over $3 billion. That year, Chile exported spices valued slightly under $2 billion, placing it top in the world. India, Indonesia, the United States, and Malaysia came after it. Across cultures, spices are utilised as seasonings and flavourings in food preparations, but their significance extends beyond taste. Additionally, they play a significant role in Hindu, Buddhist, and Islamic religious rituals. Some items have enormous significance because they are regarded in these cultures as gifts from the gods. In addition to adding flavour to savoury dishes, these civilizations utilise spices like ginger and turmeric to give chocolates, pastries, tea blends, rice dishes, and ice cream colour. Due to India's location at the intersection of Africa, China, Central Asia, Europe, and South Asia, it is a major trader in spices. It's a good idea to start by expanding your appetite for spicy meals if you want to get into trading or exporting this kind of commodities! Conclusion As more and more countries around the world become more technologically advanced, there has been an increase in demand for spices. This means that companies trading spices are likely to be successful, as they can find niche markets and sell their products. If you start your own business trading spices, you will be able to take advantage of this growing market. So what are u waiting for? Start your own Trading/Export of Spices business today. Prominent Players in the Global Spices Market • Ajinomoto Co., Inc. • Associated British Foods plc • ARIAKE JAPAN CO., LTD. • Baria Pepper • Kerry Group • The Bart Ingredients Co. Ltd. • DS Group • Everest Spices • Dohler Group • McCormick & Company, Inc. Capacity: Turmeric 300 MT Per Annum Cumin 300 MT Per Annum Corinder 300 MT Per Annum Chilli 300 MT Per Annum
Plant capacity: 300 MT Per AnnumPlant & machinery: 6 Lakhs
Working capital: -T.C.I: 44 Lakhs
Return: 36.00%Break even: 74.00%
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How to Setup a Curcumin Extraction Business

Although the Curcumin Extraction Unit may seem like a little, isolated company, it is currently one of India's most successful industries. You might be surprised to learn that this unit can boost your income and free you from any debt. The only thing needed is a small investment to purchase the equipment and raw materials required for its operations. It's important to note that the Curcumin Extraction Unit won't need any financial support once it's up and running. The active components from substances like turmeric, ginger, black pepper, and cinnamon are extracted using curcuming extraction equipment. These devices typically consist of a mill or blade that minces the spice. The resultant particles are then agitated with water for a predetermined amount of time in an extraction tank. Curcumins are left behind once the particles gradually sink to the bottom and the water is washed away. Uses and Application Turmeric, the spice that gives curry its yellow colour, contains curcumin as its primary active component. It has been used medicinally in India for millennia. Curcumin has been associated with lowering inflammation and treating a number of diseases, including as Alzheimer's disease, arthritis, and heart disease, in more recent research. According to one study, it may help relieve the signs and symptoms of ulcerative colitis, an inflammatory bowel condition that results in sores or ulcers on the large intestine. In a more recent study, it was discovered that taking aspirin with curcumin reduced blood clots by 61% after just six months. According to a different study, those who consume curry twice a week are less likely to develop coronary artery blockages and coronary heart disease than people who never consume it. Benefits of Starting Business of Curcumin Extraction Unit In the West, the use of curcumin extraction devices is on the rise as an affordable alternative to costly medical procedures. Turmeric is an anti-inflammatory spice that may be used for a variety of things, and these units can be used to extract curcumin from it. It is simple to set up and use, and it is possible to extract this chemical without any technical knowledge or skill. This makes this one of the most affordable enterprises available at the moment because you won't need to buy any equipment. Additionally, you are not need to receive any official training in order to launch your own company, making it possible for you to do so even if you have no prior background in these areas. Due of its ease of use, it might be a fantastic business option for those who wish to run their own business but lack the resources to put up more complex machinery. It's especially well-liked among aspiring business owners because of its inexpensive initial investment. Furthermore, putting up a new curcumin extraction machine often only requires a few regulatory steps, so beginning your own firm won't require you to go through a lot of red tape. Global market outlook The size of the world's curcumin market, which was estimated at USD 58,199.4 million in 2020, is projected to increase at a 16.1% CAGR from 2020 to 2028. Asia Pacific is the largest market region globally. This can be explained by the substantial demand for curcumin in the food and beverage industries of Bangladesh, China, and India as well as in the traditional medicine markets of those nations. Turmeric has been a staple in many different Indian recipes since ancient times. Recent study and analysis have increased demand for it as a flavour enhancer and colouring ingredient, despite the fact that it hasn't been utilised frequently recently in the food and beverage industry. Additionally, as consumer awareness of traditional medicines grows, the market for them is constantly expanding. This factor is projected to increase curcumin consumption throughout the course of the forecast period, which will aid in the growth of the market for the ingredient. North America is the second-largest market in the entire planet. The flourishing pharmaceutical and food and beverage sectors in the area are to blame for this. Customers in this region are more aware of the new organic and varied natural products introduced to the market as well as industry advancements. Additionally, consumers' rising purchasing power is a key driver boosting goods sales in the region. The North American business has also observed a shift toward natural products among consumers in recent years. This factor is expected to rise over the coming years, which will speed up market expansion in the region. Conclusion Curcumin is a natural plant compound that has been shown to have antioxidant, anti-inflammatory, and neuroprotective properties. It can be extracted from the turmeric root or made synthetically in a lab. If you're interested in starting a business with the potential for high earnings, this is something you should look into. Key Companies • WackerChemie AG • BioMaxLifesciences Ltd. • Synthite Industries Ltd. • Hindustan Mint & Agro Products Pvt. Ltd. • Arjuna Natural Extracts Ltd. • SV Agrofood • Star Hi Herbs Pvt. Ltd. • Herboveda India Pvt. Ltd. • Helmigs Prima Sehejtera P.T. • Tri Rahardja PT/Javaplant • Konark Herbals & Healthcare • Rosun Natural Products Pvt. Ltd. • SabinsaCorp. Capacity: Curcumin Powder 15,000 Kgs Per Annum Turmeric Oil 7,140 Kgs Per Annum Deoiled Turmeric 2,76,300 Kgs Per Annum
Plant capacity: 15,000 Kgs Per AnnumPlant & machinery: 216 Lakhs
Working capital: -T.C.I: 511 Lakhs
Return: 18.00%Break even: 53.00%
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How to Start Steel Epoxy Putty Stick manufacturing Business?

The steel epoxy putty stick was created by MIT researchers in the 1960s and has been in use ever since. No matter what your needs may be, the putty stick will function. Its appearance hasn't altered much throughout the years. Every day, you can use this unique equipment in a variety of ways, such as for extreme landings, home repairs, and crafts. Benefits of Starting Business of Steel Epoxy Putty Stick One of the most portable and lightweight tools for construction workers is steel epoxy putty sticks. Over 2 million steel epoxy putty sticks are sold by one business alone each year in the modern day. There are countless advantages for businesses producing this product. It not only affects how people live, but it also has significant economic benefits. For instance, the typical worker can complete their task more quickly and effectively than before because it is so lightweight and simple to use. Steel Epoxy Putty Sticks don't emit any pollutants into the air either because they don't contain any chemicals. They are inexpensive compared to buying other materials or hiring professionals to conduct repairs, and they are simple to move. Due to its total adaptability, you can get exactly what you need when you need it without having to spend a lot of money. Steel epoxy putty sticks are the best kind of business for novice business owners, so look no further! They are a simple product to create with modest startup expenses, and they make practical gifts. They are a great method to enter the manufacturing sector without prior expertise or technical knowledge since you can produce them yourself. Uses and Application of Steel Epoxy Putty Stick 1. Permanently fix any sort of metal or steel that is broken or deteriorating. 2. Bonds to metal. 3. Used for all sorts of repairs: metal machinery, tools, pipes, car parts, lawn care equipment. 4. Make two components that usually don’t fit together fit. 5. Sealing various metals or steels so they have resistance against moisture and electricity. 6. Filling gaps in metals or steels that need to be permanently filled, can be molded into a structural part. Indian Market Outlook In India, the market for steel epoxy putty sticks is booming and expanding exponentially. With its popularity originating from several industries, including steel mills, building sites, railroad construction, and many more. Since it may be used in a variety of ways and instantly bonds pieces together, many locals refer to it as "magic clay." In reality, this product is far less expensive when compared to other conventional building techniques like welding or glueing. Indian steel's capacity utilisation increased from 6% to 50% over the course of the last five years, from 2011 to 2016. This rise in output is largely attributable to the demand for steel epoxy putty sticks. It is not surprising that Indian manufacturers are having trouble meeting current demand and are attempting to catch up with future needs by investing heavily in their manufacturing capabilities given that India's demand for construction and infrastructure development will increase at an annual rate of 7.5% over the next five years. Global Market Outlook The market for epoxy putty sticks was valued at 504.07 million dollars in 2021 and is expected to increase at a CAGR of 3.01% between 2021 and 2027. The market for epoxy putty sticks is anticipated to be the largest in Asia Pacific during the forecast period. The Asia Pacific region is anticipated to drive the global epoxy putty sticks market share due to the rapidly expanding demand for construction-related products worldwide. The global industrial system is likely to prosper as a result of all economic, manufacturing, and sociological factors. As a result, the market for epoxy putty sticks will expand significantly during the coming years. Over the past four years, demand from China alone has tripled. Steel epoxy putty sticks have become more popular among moulders as a silicone caulk substitute because they are more adaptable and have superior adhesive qualities. Steel epoxy putty sticks can also be used at any temperature and are non-flammable. As households become more environmentally conscious and use insulation manufactured from expanded polystyrene foam boards, the demand for this product will continue to rise rapidly. Additionally, as their building industries expand tremendously and their elderly populations look for more affordable housing options, rising economies like India and Russia will spur demand. Conclusion Epoxy putty sticks are always in demand, so you can make money by manufacturing them yourself, either from your own home or from a rented space. If you have an entrepreneurial streak and you’re looking for new ways to earn some extra cash, or if you’re just tired of working for somebody else and want to be in control of your own success, starting a business of manufacturing steel epoxy putty sticks could be your next best move. Major Players • JB Weld • Weld-On Adhesives • Whitford Worldwide (Polymeric Systems) • 2K Polymer Systems Limited • Nuco Inc (NuFlex)Oatey • Protective Coating Company • Everbuild (Sika) • CRC (Minute Mend) • Glenmarc • Taiwan Perma • FastFix-it • Cedesa • Star Brite • Shen Zhen You Li (Hui Yang) • KRÖNYO • Mohawk
Plant capacity: 1,500 Dz. Per AnnumPlant & machinery: 2 Lakhs
Working capital: -T.C.I: 34 Lakhs
Return: 35.00%Break even: 35.00%
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Setup Ethyl Acetate Production Plant

The chemical formula for ethyl acetate, also called ethyl ethanoate, is CH3COOCH2CH3. It is a white liquid that mimics ethanol and because of its high volatility and low boiling point, it smells like nail paint remover. It can be made synthetically by hydrolyzing 1-ethoxy-2-propanol or by dehydrating ethanol, which occurs naturally in some fruits. Uses and Applications A clear, colourless liquid with a fruity smell is ethyl acetate. In addition to other solvents, it is used to make polymers and nail polish removers. By mixing ethanol with an acid catalyst, such as sulfuric acid or hydrochloric acid, ethyl acetate can be produced. Once produced, ethyl acetate can be combined with ethanol or water to produce denatured alcohol for use in industry. Oil-based paints and colours can also be dissolved using ethyl acetate as a solvent. It is also one of the solvents most frequently discovered in household goods like disinfectants, adhesives, spot removers, degreasers, and paint thinner. Scope of Startup in Ethyl Acetate Manufacturing Industry Ethyl acetate is produced using a method that has been in use for more than a century. It is a chemical with a wide range of applications, but its main one is as a flavouring additive. About 300 million pounds are consumed annually in the United States alone, with the majority going toward the manufacture of diet sodas and candy. As a result, starting this business can be quite profitable. Ethyl acetate is being produced by a wide range of various businesses because it has been around for such a long time. Because of this, it's crucial to stand out in whatever manner you can to get as much attention as you can. Many businesses may give free samples or free trials of their products in an effort to gain an advantage. You'll be able to boost conversion rates and boost sales if you can provide something similar. Driving Factors of Ethyl Acetate Manufacturing Industry The paints and coatings industry is the largest consumer of ethyl acetate. It is the ideal solvent for many industrial lacquers and enamels. It is often used in the formulation of coatings including urethanes (99.5% grade), epoxies, acrylics, vinyl, and others. These coatings are also used in a wide range of other industries, such as construction, agriculture, wood furniture, maintenance, marine, automobile (for refinishing), and others. It is used in photographic films as well. Additionally, compared to other competing solvents used in similar applications, it is far less expensive. Its wide range of functions and uses distinguish it from other solvents on the market and add to its appeal. So what drives demand for coatings is end-user applications and a high need for coatings. Particularly in developing countries like India, China, and Indonesia, the printing ink business is rising. Industry analysts predict that the nation will experience double-digit growth in the next years. Modern shopping, changing lifestyles, and the explosive growth of the packaging business are all contributing factors to the expansion of the printing ink industry. The use of ethyl acetate, which is used to manufacture printing ink, has increased not only in India but in other developing countries as well. The domestic printing market in the Asia-Pacific area is expanding as well, which will probably lead to an increase in demand for printing ink. This rising need can be satisfied by the large local manufacturing capacities of required solvents, such as the ethyl solvents used to make printing ink. Global market outlook The size of the global ethyl acetate market was estimated at USD 4.7 billion in 2020, and it is anticipated to increase at a CAGR of 8.8% from 2021 to 2028. ethyl acetate is increasingly in demand as a solvent for use in a variety of industries, including paints and coatings and pharmaceuticals. Additionally, the rapid growth rate is powered by the rising demand from developing nations like China and India. The economies of these nations are expanding significantly, which has increased demand for raw resources like ethyl acetate. Additionally, this will encourage the ethyl acetate industry's growth into new markets like China and India. These areas have had an increase in population over the last few decades, along with an increase in per capita income. Due to their increasing purchasing power and higher disposable income, citizens have experienced a matching rise in consumption. As a result, residents of these areas have easier access to high-quality goods. They have the financial wherewithal to purchase items that may not be readily available locally while travelling abroad. They are drawn to western lifestyles as well, which include eating patterns that involve large amounts of refined sugar, fast food, and soft beverages. The consumption of solvents like ethyl acetate has grown dramatically as a result of increased global consumption (i.e., fast industrialization). Conclusion The business and industry of ethyl acetate is an exciting one to get involved in. For those who love chemistry, it offers the opportunity to be creative and experiment with new formulas. This business is also very stable and can grow into a large corporation if it was well managed from the start. People will always want this product because of its wide variety of uses, so there is no limit as to how big you could make your company. It does require a lot of effort and capital to do so but it pays off in the long run. To keep things simple, it's better to just create the product for individual use. With these benefits and many more, what are you waiting for? Get started on your own successful business today! Top Player's • INEOS (UK) • Celanese (US) • Eastman Chemical (US) • Jiangsu Sopo (China) • Jiangmen Handsome (China) • Wuxi Baichuan (China) • Jubilant (India) • GODAVARI BIOREFINERIES LTD. (India) • Sekab (Sweden) • Korea Alcohol (South Korea) • IOL Chemicals and Pharmaceuticals (India)
Plant capacity: 30,000 MT Per AnnumPlant & machinery: 2665 Lakhs
Working capital: -T.C.I: 7206 Lakhs
Return: 28.00%Break even: 39.00%
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Creamy Peanut Butter Business Plan | Lucrative Business Idea of Creamy Peanut Butter Production

Since the late 1800s, creamed peanut butter has been a common spread. It is created by combining ground peanuts or other nuts with vegetable oils and occasionally sugars. The product's consistency varies depending on its natural form, the amount of oil added, and the amount of water added. For instance, extra components like palm kernel oil may be added to creamy peanut butter to give it a more solid texture and lengthen its shelf life. Visit this Page for More Information: Start a Business in Food Processing and Agriculture Based Industry Uses and Applications: - For toast, sandwiches, and as an ingredient in many recipes, peanut butter is a popular spread. Additionally, peanut butter is frequently used in recipes for sweet treats like cookies, cakes, and brownies. - Smoothies or fruit salads can be topped with creamy peanut butter. Related Business Plan: Start Creamy Peanut Butter Production Business Manufacturing Process: Roasted peanuts are processed into peanut butter using a high-speed mixer. The mixture is then cooked until the fat separates and floats to the top, where it must be skimmed off. Watch Video: How to Manufacture Creamy Peanut Butter | Start Your Own Creamy Peanut Production Business Today Salt and sugar are then incorporated for flavor after cooling. Finally, it is put into jars or plastic tubs for storage. Then it is offered for sale in supermarkets all around the world! Read Similar Articles: FOOD PROCESSING AND AGRICULTURE PROJECTS Benefits of Starting Creamy Peanut Butter Production Business: Starting a new business that makes peanut butter might be difficult. But there are also huge benefits. There are many benefits to starting a new peanut butter manufacturing business, including the following: Owning a company that makes peanut butter enables you to spend time in the kitchen with friends and family while producing a tasty and healthy food. Download PDF: The Most Amazing and Easy Business Plan of Creamy Peanut Butter Manufacture Start Now Creamy Peanut Butter Production Low setup costs and no unique licenses or certifications are necessary. This product has a vast market. Peanut butter can be purchased at fairs and grocery stores and has a long shelf life. Watch Video: Start Peanut Butter Manufacturing Business | Detailed Project Report Market Size in India: In FY 22, the peanut butter market in India reached USD 97.2 million. It grew at a CAGR of 8.02% over the preceding five years. The low ($9.81 million) level of domestic demand is $9.81 million. India consumes 146.8 million USD worth of butter, cheese, and other spreads, with peanut butter making up a sizeable 6.7% of the total. The good news is that domestic consumption has significantly expanded over the last five years. From FY 17 to FY 22, domestic consumption grew at a CAGR of 33.7%. The sector will expand as a result of rising revenue and rising public awareness of health issues. Peanut butter is gaining popularity across the country due to its high protein and low calorie content. Related Feasibility Study Reports: Set A Creamy Peanut Butter Production Business Due to growing public health awareness, peanut butter consumption—which is a great source of proteins and healthy fats—is rising in India. Peanut butter is a better alternative to cheese and butter. The market for peanut butter generated USD 4.3 billion in FY 22. Similar to the Indian market, the global market is driven by reasons such as changing lifestyles, a rise in demand for quick-to-prepare food items, and increased disposable income. Global Market Outlook: The peanut butter market, which was valued at USD 5.70 billion in 2021, is anticipated to increase at a compound annual growth rate (CAGR) of 6.9% between 2022 and 2028. The global rise in health consciousness has a very positive impact on market growth. The global market for peanut butter is being driven by the escalating trend of health consciousness and the rising demand among young people and millennial for food products high in protein. Read our Books Here: Market Research Report on Milk Processing & Dairy Products in India (Butter, Yogurt, UHT Milk, Cheese, Ice Cream, Ghee & Other Products) Click here to send your queries/Contact Us On the other hand, new prospects for the peanut butter sector will emerge as consumers become more concerned about their health as a result of the rise in chronic illnesses including high blood pressure and heart disease. The global sector is developing as a result of changing lifestyles and a rise in the popularity of quick meals. Over the course of the predicted period, rising disposable income in developing nations and rising global awareness are expected to fuel market progress. It is also anticipated that more product releases and expanding key player growth would open up new business prospects for industry participants to enhance their offerings. 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
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Return: 1.00%Break even: N/A
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