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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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Chlorinated Paraffin Wax (CPW)

The chlorinated paraffins (CP) business consumes a significant amount of chlorine, accounting for around 12% of all chlorine produced in the country. Chlorinated paraffins have a straight chain length [CnH (2n +2)] with carbon atoms ranging from C10 to C20. Chlorination of n-paraffin or paraffin wax creates chlorinated paraffins, which is commonly done in a batch method. As a result of the exothermic process, hydrochloric acid is produced as a byproduct. Final batches are made by removing any leftover acid residues and adding a stabiliser. Chlorinated paraffin wax is made up of straight-chain hydrocarbons that have been chlorinated. Wax is classified by carbon-chain length and chlorination percentage, with carbon-chain lengths ranging from C10 to C30 and chlorination percentages ranging from roughly 35% to over 70% by weight. Chlorinated paraffin wax is made by chlorinating paraffin wax fractions produced from petroleum distillation. The three most commonly used commercial feedstocks are short-chain (C10-13), intermediate-chain (C14-17), and long-chain (C18-20) paraffins (C18-30). As a secondary plasticizer, paraffin wax is often used in flexible PVC compositions. The delivered paraffin wax is processed in compliance with industry quality requirements utilising sophisticated technology. Chlorinated paraffins are used as extreme pressure lubricant additives in the metalworking industry. It's employed in polymers to manufacture, among other things, fire-retardant and water-repellent coated textile. Rubber chalk and sealants also include them. It's used as a supplemental plasticizer in the vinyl industry. Chlorinated paraffins are used as a general purpose plasticizer in a variety of applications due to their superior performance (low volatility), nondrying and nonpolymerizing characteristics, chemical resistance, and moisture resistance. In 2016, the market for chlorinated paraffin was worth more than USD 1.6 billion, and the industry is predicted to grow at a CAGR of more than 3% through 2024. Chlorinated paraffin wax is a type of synthetic organic chemical product composed of n-alkanes with chlorine concentrations ranging from 30% to 70% by weight. It is made by chlorinating natural alkanes. According to worldwide market expansion in the plastic and manufacturing industries, as well as the aerospace and automotive sectors, the global market for chlorinated paraffin will approach USD 2 billion by 2024; this is a significant aspect fueling product demand throughout developing areas. Few Indian Major Players 1. Aditya Birla Chemicals (India) Ltd. 2. Faith Industries Ltd. 3. Gujarat Alkalies & Chemicals Ltd. 4. Ideal Chemicals (India) Pvt. Ltd.
Plant capacity: Chlorinated Paraffin Wax (CPW) 40 MT per day Hydrochloric Acid (by product) 50 MT per dayPlant & machinery: 641 Lakhs
Working capital: -T.C.I: Cost of Project: 1086 Lakhs
Return: 28.00%Break even: 49.00%
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Menthol Crystal from Mentha Oil

Menthol is a clear, crystalline material. It can be made from natural or synthetic sources. Natural or synthetic laevo menthol has a melting point of 41 to 44°C, making it the only therapeutically active form. Some producers classify crystals according to their shape and size, using terms like "bold crystals," "medium crystals," "medium extra crystals," and "medium extra-large crystals." Extracting mint essential oil (menthe arvensis), freezing the oil, and then crystallising the menthol is how menthol crystals are created. Like rock crystals, the crystals are crystalline and oblong in shape. They have a pleasant minty fresh odour and are transparent to the naked eye. It is soluble in alcohol and oils. Menthol crystals are great inhalants on their own, and they're easy to incorporate into recipes. Add a few drops to a bowl of hot, steaming water for stuffiness and bronchitis, and cautiously inhale the relaxing vapours through the mouth and nose. Menta Oil, often known as Menthol Liquid, is a product of the United States of America with the scientific name Menthapiperita. Steam distillation is used to extract the oil, which has a minty, spicy scent. Because of its exhilarating, stimulating, and uplifting aroma, the oil improves digestion and has a soothing effect on muscle spasms, pains, and aches. It can also be used to reduce nasal pain and pressure, as well as in muscle rub ointments, skin care products, and regulating the oil level of the skin and hair. The Benefits of Menthol Crystals 1. It acts as a natural pesticide, therefore you can use pure Menthol to keep moths out of your garden or honey bee hives. 2. Menthol is a hair growth stimulant that may be added to your hair oil by mixing menthol crystals with it. 3. Menthol crystal can also be used to treat sunburns when coupled with aloe Vera gel. 4. It gets rid of dark spots and reduces black and white heads. 5. Menthol stops plague from spreading and kills germs that cause gingivitis. Menthol crystals are generally obtained from natural sources, and as a result, their popularity is growing in both developed and developing countries. Manufacturers' increased focus on natural and sustainable products is driving the rise of natural-based products across numerous industries. Because the cosmetics industry is so tightly controlled, natural-based raw materials are in high demand. This is expected to drive the menthol crystals market in the coming years. Few Indian Major Players 1. Bhagat Aromatics Ltd. 2. Everest Flavours Ltd. 3. Halcyon Life Sciences Pvt. Ltd. 4. Jindal Drugs Pvt. Ltd. 5. Malik Polychem Ltd. 6. RupangiImpex Ltd.
Plant capacity: Menthol Crystal 1,000 Kgs per day Mentha Oil 333.3 Kgs per dayPlant & machinery: 145 Lakhs
Working capital: -T.C.I: Cost of Project: 592 Lakhs
Return: 27.00%Break even: 54.00%
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Chilli Powder, Chilli Flakes & Chilli Oil

Spices are used in the preparation of food and beverages for flavour, colour, fragrance, and preservation. The bark, buds, flowers, fruits, leaves, rhizomes, roots, seeds, stigmas and styles, and the entire plant tops can all be used to make spices. Herbs, which are a subset of spice, are plants that have aromatic leaves. Spices are often dried and used in their natural, unadulterated state. Chilli, often known as red pepper, is a plant that belongs to the solanaceae family and the genus capsicum. They are believed to have originated in South America. Chillies are also known as chilies, chiles, hot peppers, bell peppers, red peppers, pod peppers, cayenne peppers, paprika, pimento, and capsicum. Chilli is a spice that may be found all over the world. Chilli is a popular spice in both domestic and commercial settings. Chilli can be properly exploited to extract chilli oil and oleoresin, which can then be processed into chilli powders for usage as powdered chilli spices. The oil and oleoresin from the chil will be extracted using either solvent extraction or steam distillation. Chilli oil, The colour of chilli oil is usually brilliant red. Vegetable oil, soybean oil, or sesame oil are commonly used, however olive oil or other oils can also be utilised. Chilli oil is a condiment prepared from vegetable oil that has been infused with chilli peppers. It's popular in Chinese cooking, as well as throughout East and Southeast Asia and other regions of the globe. Chilli oil is prepared by preserving dried chillies in oil. Chilli flakes, red pepper flakes, and crushed red pepper flakes are all synonyms for the same thing: a dried and crushed whole chilli condiment/spice (seeds and all). Typically, red pepper flakes are made up of several different peppers. Chilli flakes, on the other hand, are usually made up of a single pepper kind. Chilli Powder: Chilli powder is a powdered spice mixture that is reddish-brown in colour. It has cayenne pepper for heat, but it also has spices like cumin, garlic powder, oregano, and paprika for the chilli con carne flavour. One part cayenne to seven parts other spices is used, depending on the blend. Each type of chilli powder has a different level of heat, although it is always much less than pure powdered chilli peppers. In India, chilies are consumed and exported in large amounts. It consumes approximately 6.2 million tonnes of the country's total output, or roughly 90%. Chilli powder production accounts for 30% of total production in the country. Chilli powder, dried chilies, pickled chilies, and chilli oleoresins are among the products exported from this crop. Few Indian Major Players 1. A D F Foods Ltd. 2. Catch Foods (India) Ltd. 3. Devon Foods Ltd. 4. Empire Spices & Foods Ltd. 5. Enjayes Spices & Chemical Oils Ltd. 6. Everest Industries Ltd.
Plant capacity: Chilli Powder 1,000 Kgs Per Day Chilli Flakes 500 Kgs Per Day Chilli Oil 50 Kgs Per Day by Product Chilli Oleoresin 300 Kgs Per DayPlant & machinery: 149 Lakhs
Working capital: -T.C.I: Cost of Project: 334 Lakhs
Return: 25.00%Break even: 52.00%
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Epoxy Resin (Liquid)

Epoxy resin is an epoxide-containing reactive pre-polymer and polymer. In the presence of catalysts, these resins react with one other or with a range of co-reactants such as amines, phenols, and thiols. Epoxy resin can be found in a variety of industrial settings. Epoxy resin is a type of resin that has outstanding mechanical properties, chemical resistance, and adhesive strength, making it perfect for a variety of applications. Epoxy resin is sometimes known as poly-epoxides. In terms of shrinkage during cure, as well as moisture and chemical resistance, epoxy resin exceeds other types of resins. It is impact resistant and has a long shelf life. It has excellent electrical and insulating properties as well. Epoxy resin is not the same as polyester resin when it comes to curing. It is treated with a curing material called "hardener" rather than a catalyst. Epoxies are thermoset polymers that are made by mixing two or more industrial chemical components together in a process. Epoxy resins are used in a wide range of consumer and industrial applications due to their toughness, strong adhesion, chemical resistance, and other specialised properties. Epoxy resin is mostly used in construction. • Metal coatings • Electronic and electrical components • Fibre-reinforced plastic materials • Structural adhesives • Paints • Sealants • Casting In 2019, the global Epoxy Resin market was worth USD 7,592.35 million, with a CAGR of 5.85 percent predicted over the next five years. Epoxy resins are thermosetting resins with adequate cross-linking agents for improved reactivity and have more than one epoxy group per molecule. Epoxy resins are the most essential raw ingredient in a wide range of chemical formulations. Epoxy resins are the resin of choice for a range of end-user applications, including laminates and insulators, because to their favourable features, such as high thermal stability, mechanical strength, moisture resistance, adhesion, and heat resistance.
Plant capacity: Epoxy Resin (Liquid) 20,000 Kgs Per DayPlant & machinery: 689 Lakhs
Working capital: -T.C.I: Cost of Project: 1956 Lakhs
Return: 30.00%Break even: 80.00%
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Cenosphere Processing from Fly Ash

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

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

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

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

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

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