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

Meghalaya is a state in north-east India. The name means "the abode of clouds" in Sanskrit. As of 2011, the state has a population of 2,964,007 and is the 23rd most populous in the country. The population of Meghalaya as of 2014 is estimated to be 3,211,474. Meghalaya covers an area of approximately 22,430 square kilometers, with a length to breadth ratio of about 3:1

Meghalaya is predominantly an agrarian economy. Agriculture and allied activities engage nearly two-thirds of the total work force in Meghalaya. However, the contribution of this sector to the State's NSDP is only about one-third. Agriculture in the state is characterized by low productivity and unsustainable farm practices. Despite the large percentage of population engaged in agriculture, the state imports food from other Indian states.


TOURISM

 Meghalaya has some of the thickest surviving forests in the country and therefore constitutes one of the most important ecotourism circuit’s in India. The Meghalaya subtropical forests support a vast variety of flora and fauna. Meghalaya has 2 National Parks and 3 Wildlife Sanctuaries.   Meghalaya also offers many adventure tourism opportunities in the form of mountaineering, rock climbing, and trekking and hiking, water sports etc. The state offers several trekking routes, some of which also afford an opportunity to encounter rare animals such as slow loris, assorted deer and bear. The Umiam Lake has a water sports complex with facilities such as rowboats, paddleboats, sailing boats, cruise-boats, water-scooters and speedboats. Tourism in India is a growing industry, and as per World Tourism Organization predictions, India will be a leader in using tourism as an employment generator. The State of Meghalaya must be placed in a strategic position to take advantage of this growth.

“MEGHALAYA TOURISM DEVELOPMENT CORPORATION” has been set up for developing and promotion of Tourism in Meghalaya. The Corporation shall make efforts to increase its revenue to enable to carry out promotional activities. MTDC will organize package tours not only to Cherrapunjee but to other tourist destinations; organize training for guides, etc.

INDUSTRIAL SECTOR

The New Industrial & Investment Promotion Policy is designed to facilitate investments in new sectors across the State and thus ensure accelerated and sustained growth. The Policy focuses to attract, facilitate and promote wider expectations and high end investment.

There is an urgent need to promote investment in backward and difficult but resource rich areas. Therefore the policy provides additional incentives and support for such investments.


OBJECTIVE OF THE POLICY

•        To promote investment in all sectors

•        Generate employment opportunities for the local people in the industries and allied sectors.

•        To provide special incentives for promoting local Entrepreneurs in setting up of micro, small & medium manufacturing and service enterprises.

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage.

•        Achieve a balanced and growth oriented development covering the entire state through promotion of village and small scale industries.

•        Encourage need based development of local entrepreneurial skills through intensive motivation and training programmes at District, Sub-division and Block levels.

•        Provide guidance to prospective entrepreneurs by building up a data bank of project-profiles and other connected information. Special support to local entrepreneurs will be provided, and monitoring will be done to enable them to be successful.

•        Simplify rules and procedures by providing a single-window clearance facility for all investment proposals as applicable.

•        Promote Tourism, and make Meghalaya a tourist destination.

•        Promote IT as industries.

•        Promote first generation entrepreneurs. Government will encourage setting up of Entrepreneurship Development Institute by private or in PPP mode.

SALIENT FEATURES OF THE INDUSTRIAL POLICY

•        State Government believes in promoting private enterprises for speedy economic development of the State. The Government also stands committed to ensuring the healthy growth of existing industries. For this purpose, Government will ensure optimum number of industries by not permitting excess in any specific sector, thereby ensuring sustainability of existing business.

•        Enterprises promoted and managed by “Woman Entrepreneur”/physically challenged will get additional 10 % (ten percent) incentives on the State Capital Investment Subsidy.

•        Meghalaya has a long international border which needs immediate attention for development. To address this issue, 10 Kms towards the State from the International border is declared as “PRIORITY AREA” and enterprises set up within the 10 Kms area will be given special incentives to be known as “Border Area Subsidy”.

•        Government of Meghalaya recognizes:

1.       Hotels (not below two star category) and Amusement Parks.

2.       Medical and health services in the nature of nursing homes with a minimum capacity of 25 beds and Super – Specialty Health Care.

3.       Vocational training Institutes.


INDUSTRIES IDENTIFIED AS THRUST AREAS

                    Agro Based Industries :

   Horticulture – Based Units

   Biotechnology Based Units

   Medicinal Plants, Tea and Rubber

                       Animal Husbandry and Meat Processing Industries

         Development of Mineral based Industries:

      Coal-Based Industries

     Limestone Based Industries- Cement Plants, Lime Plants,

                      Calcium Carbide   Plants.

                       Electronics & Information Technology

INCENTIVES FOR LARGE AND MEDIUM SCALE INDUSTRIES

•        For large and medium scale industries, there are subsidies like capital investment subsidy, interest subsidy, power subsidy, subsidy on cost of pollution/quality-control measures, special subsidy for pioneer units in backward areas etc.

•        Exemption from the payment of applicable service tax for seven years to a "Tourism Unit"

•        Sales Tax exemption on sale of finished products for a period of seven years from the date of commercial production.

•        Reimbursement of Central Sales Tax (CST) paid on purchase of Capital Equipment installed till the date of project commissioning.

•        Partial exemption for applicable stamp duty.

INVESTMENT POLICIES

Meghalaya Government has always endeavored to set up the right kind of business climate to motivate investments in the State. In order to attract investment to the various sectors and thus contribute to the development of the economy as a whole.

The major being the industrial policy, which had been announced with a view to take advantage of the liberalized economic scenario in the country and also to keep pace with development in the national industrial sector are-

•        Generate employment opportunities for the local people in the industries and allied sectors

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage. Create a conducive environment for industrial development by creation of the basic Infrastructural facilities and by setting up of industrial areas, growth centre and export promotion industrial park.

•        Provide preference to local Entrepreneurship in setting up of large, medium and small-scale units.

•        Promote local interests through joint ventures with external investors so as to facilitate technology transfer and capital flow by a package of suitable incentives.

•        Encourage setting up of export-oriented, Agro based, Mineral-based, Horticultural based and Electronic units as thrust area.

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Herbal Toothpaste

Toothpaste is a paste or gel to be used with a toothbrush to maintain and improve oral health and aesthetics. Since their introduction several thousand years ago, toothpaste formulations have evolved considerably - from suspensions of crushed egg shells or ashes to complex formulations with often more than 20 ingredients. Among these can be compounds to combat dental caries, gum disease, malodor, calculus, erosion and dentin hypersensitivity. Global Herbal Toothpaste Market 2020 is on track to obtain a growth rate of 5.22% between 2019 and 2024. The global herbal toothpaste market has been segmented based on pack size, distribution channel, and region. The global market has been classified, based on pack size, as 25gm, 50 gm, 100gm, and others. The global market has been segmented, based on distribution channel, store-based, and non-store-based. The store-based segment has been further bifurcated into supermarkets & hypermarkets, convenience stores, and others. However, the herbal toothpaste market may benefit from the tariff wars imminent as a result of the Covid-19 crisis, as countries may aim to reduce imports of chemical-based toothpastes that China has taken a lead in, thereby boosting the herbal toothpaste market. The growing intake of tobacco and its rising negative impact on the oral health has driven the sale of easy to go and convenient oral care herbal products worldwide. Renowned firms in the market are taking up several initiatives to promote the sales of herbal toothpastes by spreading awareness about the benefits of these products. They are trying to convince consumers about the high effectiveness of herbal toothpastes in maintaining oral health and dental hygiene. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Colgate-Palmolive (India) Ltd. Dabur India Ltd. Herbalife International India Pvt. Ltd. Organic India Pvt. Ltd. Vicco Products (Bombay) Pvt. Ltd. Patanjali Ayurved Ltd.
Plant capacity: Herbal Toothpaste 30 gms Size Tubes: 32,000 Tubes / Day Herbal Toothpaste 80 gms Size Tubes: 12,000 Tubes / DayPlant & machinery: Rs 83 lakhs
Working capital: -T.C.I: Cost of Project : Rs 812 lakhs
Return: 34.00%Break even: 40.00%
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Herbal Health Drink

A drink (or beverage) is a liquid intended for human consumption. In addition to their basic function of satisfying thirst, drinks play important roles in human culture. Common types of drinks include plain drinking water, milk, etc. The Herbal Health Drink is a blend of juices extracted from freshly procured with quality herbs. The Drink is waterless, preservative less, without the use of artificial flavors. The combined goodness of the ingredients helps in keeping the energy levels high apart from helping in unblocking heart arteries, controlling high blood pressure, bad cholesterol, arthritis, cough & cold, constipation. Apple Cider Vinegar may help to restore the low acidic levels in stomach, thus improving digestion. It also helps in reducing acidity and bloating. The soft drinks industry, which is launching energy drinks, has to address the issues and concerns raised by WHO and other agencies. Otherwise the industry might face many challenges and hurdles. With huge investments coming from cola giants in the coming years, the Indian energy drinks market can witness launch of natural healthy nutrition drinks in the coming years. Global Herbal Tea Market is expected to register a CAGR of 4.94% to reach USD 4,226.9 Million by 2025. Herbal teas or tisanes are caffeine-free and do not use the leaves of the Camellia silences plant. Tisanes are made using a mixture of dried leaves, seeds, grasses, nuts, barks, fruits, flowers, or other botanical elements that provide taste and various health benefits. The global herbal tea market has been largely benefited by the high demand for functional beverages and the launch of new and innovative flavors. Several tea producers are entering the food & beverage industry, which is contributing to the growth of the herbal tea market across the globe. Furthermore, the market players are expected to witness growth opportunities due to the rising demand for organic products due to health concerns caused by chemical additives present in conventional products. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Aayush Food & Herbs Ltd. Apeejay Tea Ltd. Dabur India Ltd. Danone (India) Pvt. Ltd. Dumex Ltd. Herbalife International India Pvt. Ltd. Organic India Pvt. Ltd. Patanjali Ayurved Ltd.
Plant capacity: Herbal Health Drink 200 ml Size Bottle : 30,000 Bottles / Day Herbal Health Drink 500 ml Size Bottle : 12,000 Bottles / DayPlant & machinery: Rs 27 lakhs
Working capital: -T.C.I: Cost of Project: Rs 328 lakhs
Return: 28.00%Break even: 52.00%
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Plastic Pyrolysis (Waste Plastic to Oil Conversion)

During pyrolysis, plastic polymers are thermally degraded by heating them in the absence of oxygen. The main products of the pyrolysis process are liquid and gaseous, producing only a small amount of solid. The pyrolysis process is one of the most promising technologies in the conversion of waste plastics into high quality oil. The quantity and quality of the pyrolysis products depend on the waste plastics composition and the process parameters (temperature, residence time, catalyst, etc.) Waste plastic pyrolysis in liquid fuel (gasoline, diesel oil, etc.) or chemical raw materials not only can effectively solve the problem of white pollution, but also can alleviate the energy shortage to a certain extent. Recycling of waste plastics is expected to become the most effective way. Waste plastics’ recycling, regenerating, and utilizing have become a hot spot of research and gradually formed a new industry. Plastic has created a worldwide epidemic of increased waste disposal issues in key economies and developing countries. Thus, the implementation of stringent regulations has compelled market players in the recycled plastic and plastic waste to oil market to devise environmental-friendly strategies to convert plastic waste into useful fuel. The global plastic waste to oil market is expected to increase from ~US$ 45 Mn in 2019 to ~US$ 100 Mn by 2027. Plastic waste to oil can be defined as a technology that is used to convert non-recycled plastic into synthetic crude oil and other value-added petroleum products such as diesel, gasoline, naphtha, and fuel oil. This is an advanced waste conversion technology that is considered complementary to the existing plastic recycling technology. Plastic waste to oil technology has high potential, as landfill-bound plastics can be used as a resource to develop a valuable alternative fuel source. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Chevron Phillips Chemicals India Pvt. Ltd. Dream Green Petro-Chem Pvt. Ltd. M K Aromatics Ltd.
Plant capacity: Pyrolysis Oil: 5 MT / Day Carbon (by product): 1.67 MT / Day Gas (by product): 1 MT / DayPlant & machinery: Rs 92 lakhs
Working capital: -T.C.I: Cost of Project : Rs 312 lakhs
Return: 27.00%Break even: 58.00%
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Carbon Fibre

Carbon fibers are usually combined with other materials to form a composite. When combined with a plastic resin and wound or molded it forms carbon fiber reinforced polymer (often referred to as carbon fiber) which has a very high strength-to-weight ratio, and is extremely rigid although somewhat brittle. However, carbon fibers are also composited with other materials, such as with graphite to form carbon-carbon composites, which have a very high heat tolerance. Carbon fibers are, by far, the most widely used fiber in high-performance applications. This important technology has huge potential for the future and it is expected to have a significant impact in the manufacturing industry within India and, therefore, coordination and strategic road mapping actions are required. Composites have been widely used across industries like aerospace, wind energy, automotive, industrial, marine, oil and gas. Advanced carbon fiber composites are comparatively more expensive than metals. The choice of composites is tradeoff between cost and performance. As a result, carbon composites have made their impact in high performance vehicles, such as, jet fighters, space craft, racing cars, racing yachts and exotic sports cars. The values of global carbon fibre sales in these areas ($2.034 billion) do not, however, correspond to the volumes of carbon fibre used in the various application areas. The report adds that aerospace and defiance, for example, uses only 18% of the total quantity of carbon fibre but accounts for around 40% of the value of global sales. This sector consumed 15,000 tonnes of carbon fibres in 2012 and could reach 23,000 tonnes in 2016 and 37,000 tonnes in 2020. These figures are however less optimistic that those that were forecast by the specialists in previous years. Indeed, even if the pressure to use renewable energies is high and if legislation is increasingly restrictive, the policies of the public authorities in terms of subsidies and development strategies (offshore wind farms, etc.) can have a decisive influence on the market for composites. The carbon fiber market is projected to grow from USD 4.7 billion in 2019 to USD 13.3 billion by 2029, at a CAGR of 11.0% between 2019 and 2029. The market is growing due to its increasing demand from aerospace & defense, automotive, and wind energy industries. Entrepreneurs who invest in this project will be successful.
Plant capacity: Carbon Fibre: 1,000 Kgs / DayPlant & machinery: Rs 194 lakhs
Working capital: -T.C.I: Cost of Project : Rs 623 lakhs
Return: 27.00%Break even: 63.00%
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CARBON BLACK (Furnace Black Process)

Carbon black is virtually pure elemental carbon in the form of colloidal particles that are produced by incomplete combustion or thermal decomposition of gaseous or liquid hydrocarbons under controlled conditions. Its physical appearance is that of a black, finely divided pellet or powder. Its use in tyres, rubber and plastic products, printing inks and coatings is related to properties of specific surface area, particle size and structure, conductivity and color. Carbon black is also in the top 50 industrial chemicals manufactured worldwide, based on annual tonnage. Current worldwide production is about 8.1 million metric tons. Approximately 90% of carbon black is used in rubber applications, 9% as a pigment, and the remaining 1% as an essential ingredient in hundreds of diverse applications. Global consumption is forecast to maintain a CAGR (compound annual growth rate) of 5.6% between 2016 and 2022, reaching 19.2 million metric tons, valued at US$20.4 billion, by 2022. The most common use (70%) of carbon black is as a pigment and reinforcing phase in automobile tyres. Carbon black also helps conduct heat away from the tread and belt area of the tyre, reducing thermal damage and increasing tyre life. About 20% of world production goes into belts, hoses, and other non-tyre rubber goods. The balance is mainly used as a pigment in inks, coatings and plastics. The demand for carbon black in India stood at 984.63 thousand tonnes in 2018 and is projected to grow at a CAGR of 5.82% during 2019-2030 to reach 1853.84 thousand tonnes by 2030. Growth in the Indian packaging industry has increased the demand for carbon black in food packaging, industrial film, lamination and carrier bags and high-quality protective packaging applications. Furthermore, the Indian government’s mission to make India a 100% electric vehicle nation by 2030 under the new National Electric Mobility Mission Plan is expected to push the demand for automobiles in the coming years. This demand in turn would aid growth in ancillary industries such as tire industry, which use carbon black as their primary raw material. Moreover, the demand for industrial rubber such as in conveyor belts and hoses is anticipated to positively influence the demand for carbon black in India during 2019-2030. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Birla Carbon India Pvt. Ltd. Cabot India Ltd. Continental Carbon India Ltd. Mitsubishi Chemical India Pvt. Ltd. Murablack India Ltd. Goodluck Carbon Pvt. Ltd.
Plant capacity: Carbon Black: 33.3 MT / DayPlant & machinery: Rs 426 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1722 lakhs
Return: 27.00%Break even: 50.00%
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Toothpaste

Toothpaste is a paste or gel to be used with a toothbrush to maintain and improve oral health and aesthetics. Since their introduction several thousand years ago, toothpaste formulations have evolved considerably - from suspensions of crushed egg shells or ashes to complex formulations with often more than 20 ingredients. Among these can be compounds to combat dental caries, gum disease, malodor, calculus, erosion and dentin hypersensitivity. Furthermore, toothpastes contain abrasives to clean and whiten teeth, flavors for the purpose of breathe freshening and dyes for better visual appeal. Effective toothpastes are those that are formulated for maximum bioavailability of their actives. This, however, can be challenging as compromises will have to be made when several different actives are formulated in one phase. Toothpaste development is by no means complete as many challenges and especially the poor oral substantively of most active ingredients are yet to overcome. The global toothpaste market is projected to grow at a CAGR of 6.1% during the forecast period. The toothpaste market was valued at USD 26.09 billion in 2018, and it is projected to reach USD 36.98 billion by 2024. Increasing dental problems among children and adults, due to poor eating habits, and the rise in popularity for herbal oral care products are the factors primarily driving the global toothpaste market. Moreover, rising premiumization and consumers seeking more targeted solutions are accelerating the growth of the market studied. The rise in consciousness of oral health has helped vendors introduce oral hygiene product categories, such as teeth-whitening products. One of the popular products used for teeth whitening is whitening toothpaste. Manufacturers offer toothpaste with teeth-whitening functionality that differs from ordinary toothpaste. To improve market position, manufacturers are constantly focusing on implementing innovative strategies and introducing a broad portfolio of products. Entrepreneurs who invest in this project will be successful.
Plant capacity: White Toothpaste 50 gms Size: 96,000 Tubes / Day White Toothpaste 240 gms Size: 16,800 Tubes / Day Striped Toothpaste 180 gms Size: 33,600 Tubes / Day Gel Toothpaste 120 gms Size: 67,200 Tubes / DayPlant & machinery: Rs 308 lakhs
Working capital: -T.C.I: Cost of Project : Rs 6936 lakhs
Return: 36.00%Break even: 34.00%
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Oxygen Gas Plant (Medical Grade)

Oxygen gas comprises 21 percent of atmospheric gas. Its symbol is O2. Atomic weight of oxygen is 16, atomic no. is 8 and molecular weight is 32. Oxygen gas is non metallic element. Oxygen is colorless, odorless and tasteless. Oxygen reacts with all elements, but not with inert gases to form compound called oxides. Medical oxygen is high purity oxygen that is used for medical treatments and is developed for use in the human body. Medical oxygen cylinders contain a high purity of oxygen gas; no other types of gases are allowed in the cylinder to prevent contamination. Medical oxygen is important in the healthcare industry because of its several uses. Some of the major uses & application of medical grade O2 are mentioned below. Commonly medical oxygen is administered in medical facilities like hospitals and clinics. It’s used during anesthesia, first aid resuscitation for emergencies, life support for patients who can’t breathe on their own, and oxygen therapy. Medical Oxygen Gas Cylinders Market is valued at USD 8.30 Billion in 2018 and expected to reach USD 14.41 Billion by 2025 with the CAGR of 6.2% over the forecast period. Rising prevalence of chronic diseases and infectious like Covid-19, cancer, asthma, diabetes, heart attack etc. and surge in global geriatric population are some important factors driving the growth of medical oxygen gas cylinders market. Oxygen cylinders are needed for the rising demand of hospitals, home care settings and many others. Medical oxygen gas cylinders are present in different sizes depending upon the requirement. In hospitals, oxygen gas therapy is implemented on the patients for the treatment of chronic health conditions to improve energy levels, sleep and a better quality life of patients. Oxygen is widely used in hospitals for the treatment of a number of acute and chronic diseases. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Bellary Oxygen Co. Pvt. Ltd. Bhilai Oxygen Ltd. Govind Poy Oxygen Ltd. Howrah Gases Ltd. Linde India Ltd. Praxair India Pvt. Ltd.
Plant capacity: Medical Grade Oxygen Gas 28.5 Kgs : 180 Cylinders / DayPlant & machinery: Rs 284 lakhs
Working capital: -T.C.I: Cost of Project : Rs 596 lakhs
Return: 23.00%Break even: 58.00%
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Roll Forming with Metal Beam, Highway Guard Crash Barrier and Galvanizing Plant

Metal Beam, Highway Guard Crash Barrier Traffic barriers also known as guardrails or guard rails and in Britain as crash barriers keep vehicles within their roadway and prevent them from colliding with dangerous obstacles such as boulders, sign supports, trees, bridge abutments, buildings, walls, and large storm drains, or from traversing steep (non-recoverable) slopes or entering deep water. They are also installed within medians of divided highways to prevent errant vehicles from entering the opposing carriageway of traffic and help to reduce head-on collisions. Some of these barriers, designed to be struck from either side, are called median barriers. Traffic barriers can also be used to protect vulnerable areas like school yards, pedestrian zones, and fuel tanks from errant vehicles. The market for roads and highways is projected to exhibit a CAGR of 36.16% during 2016-2025, on account of growing government initiatives to improve transportation infrastructure in the country. The road transport and highways ministry has prepared a draft Cabinet note on the Rs.2.6-lakh crore Bharat Mala project that envisages construction of 25,000 km of roads along India's borders, coastal areas, ports, religious and tourist places as well as over 100 district headquarters. India has the second largest road network in the world, spanning a total of 5.89 million kilometers (kms). This road network transports 64.5 per cent of all goods in the country and 90 per cent of India’s total passenger traffic uses road network to commute. Road transportation has gradually increased over the years with improvement in connectivity between cities, towns and villages in the country. Highway construction in India increased at 21.44 per cent CAGR between FY16-FY19. In FY19, 10,855 km of highways were constructed, and the Government has set a target for constructing 12,000 km of national highways in FY20. In March 2020, NHAI (National Highways Authority of India) accomplished the highest ever highway construction of 3,979 kms. In April 2020, the Government set a target of constructing roads worth Rs 15 lakh crore (US$ 212.80 billion) in the next two years. Huge investments have been made in the sector with total investment increasing more than three times from Rs 51,914 crore (US$ 7.43 billion) in 2014-15 to Rs 158,839 crore (US$ 22.73 billion) in 2018-19. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Arcelormittal Nippon Steel India Ltd. Arcelormittal Projects India Pvt. Ltd. Bekaert Industries Pvt. Ltd. Belmaks Solutions Pvt. Ltd. Nippon Steel & Sumitomo Metal India Pvt. Ltd Steel Authority Of India Ltd. System Engineers Cutting & Welding Pvt. Ltd.
Plant capacity: Metal Beam Highway Crash Barrier: 12.5 MT /Day MS Sheet Scrap: 2.5 MT /DayPlant & machinery: Rs 230 lakhs
Working capital: -T.C.I: Cost of Project : Rs 954 lakhs
Return: 28.00%Break even: 53.00%
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Composite Materials (Carbon Fibre Composites & Glass Fibre Composites)

A composite material is composed of at least two materials, which combine to give properties superior to those of the individual constituents. Fibre reinforced polymer (FRP) composites, usually with carbon, glass, aramid, polymer or natural fibres embedded in a polymer matrix. Other matrix materials can be used and composites may also contain fillers or nano-materials such as grapheme. The many component materials and different processes that can be used make composites extremely versatile and efficient. They typically result in lighter, stronger, more durable solutions compared to traditional materials. As with all engineering materials, composites have particular strengths and weaknesses, which should be considered at the specifying stage. Composites are by no means the right material for every job. However, a major driving force behind the development of composites has been that the combination of the reinforcement and the matrix can be changed to meet the required final properties of a component. For example, if the final component needs to be fire-resistant, a fire-retardant matrix can be used in the development stage so that it has this property. The future of the composites market looks attractive with opportunities in the transportation, construction, wind energy, pipe & tank, marine, consumer goods, electrical and electronics, aerospace, and others. The composite materials market is expected to reach an estimated $40.2 billion by 2024 and it is forecast to grow at a CAGR of 3.3% from 2019 to 2024. The composites end product market is expected to reach an estimated $114.7 billion by 2024. The major drivers for growth in this market are increasing demand for lightweight materials in the aerospace & defense and automotive industry; corrosion and chemical resistance materials demand in construction and pipe & tank industry; electrical resistivity and high flame retardant materials demand in electrical and electronics industry. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Ahlstrom Munksjo Fibercomposites India Pvt. Ltd. Chevron Glassfibre Reinforcements Ltd. Everlast Composites Pvt. Ltd. Ineos Styrolution India Ltd. Magnus Composites Synergies Pvt. Ltd. Owens Corning Inds. (India) Pvt. Ltd. Teijin India Pvt. Ltd.
Plant capacity: Carbon Fibre Composite Laminate M2 width 1500 mm: 833.3 Sq. Mt. / Day Glass Fibre Composite Laminate M2 width 1500 mm : 833.3 Sq. Mt. / DayPlant & machinery: Rs 115 lakhs
Working capital: -T.C.I: Cost of Project : Rs 452 lakhs
Return: 29.00%Break even: 67.00%
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Disposable Nitrile Gloves (Powder Free)

Nitrile gloves are a type of disposable gloves made from synthetic rubber, this means there is no risk of latex allergies. They are the most popular gloves type in our range and offer superior strength, dexterity and resistance to oils and aqueous chemicals in comparison to vinyl or latex. For these reasons, they are often used in the medical, laboratory and manufacturing industries. Nitrile gloves are the perfect compromise between latex and vinyl. Nitrile is made from an allergy safe compound that feels a lot like latex but it’s much stronger, costs less, and is more comfortable to wear. Nitrile is perfect for demanding applications, especially cleaning and dishwashing. Our lightly powdered versions are produced with a food grade corn starch powder, making it easier to take them on or off – especially with wet hands. Powder free gloves go through an extra process of chlorinating the gloves to ease donning. The Global Rubber Gloves market is expected to grow at a CAGR of 8.5% between 2014 and 2022. The factors such as rising healthcare expenditure, increasing health threats and increasing hygiene awareness and healthcare regulations are driving the market growth. The global demand for gloves remained robust and would continue even in times of recession, adding that most players had moved into producing Nitrile gloves in line with the current market demand. Indian glove market is growing at 15% while the demand for examination gloves has been rising by 20%per annum. St Mary’s is the largest supplier of centrifugal latex under the brand Cenex, a crucial raw material for manufacturing rubber dipped goods like gloves, balloons, condoms and rubber bands. Indian glove market is growing at 15 per cent while the demand for examination gloves has been rising by 20 per cent per annum. St Mary’s is the largest supplier of centrifugal latex under the brand Cenex, a crucial raw material for manufacturing rubber dipped goods like gloves, balloons, condoms and rubber bands. “The glove industry has become very innovative and has gone into technological transformation. Nonetheless, we need the support of the Government to facilitate the transformation. Innovation comes from talent and hence people skills. With the right talent pool, the industry is set to see better prospects in the years ahead. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Honeywell International (India) Pvt. Ltd. London Rubber India Ltd. Mallcom (India) Ltd. Narang Medical Ltd. Sara Healthcare Pvt. Ltd. Wellness Forever Medicare Pvt. Ltd.
Plant capacity: Disposable Nitrile Gloves (Powder Free): 500,000 Pcs. / DayPlant & machinery: Rs 1321 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2890 lakhs
Return: 30.00%Break even: 45.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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