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

Minerals: Project Opportunities in Odisha (Orissa)

 

PROFILE:

Indian mineral resources are sufficiently rich and varied to provide the country with a strong industrial base. India is gifted with important mineral resources. The country produces about 89 minerals out of which 52 are non-metallic, 4 are fuel minerals, 11 are metallic, and 22 are minor minerals. The Mining industry in India is a major economic activity which contributes significantly to the economy of India. The GDP contribution of the mining industry varies from 2.2% to 2/5% only but going by the GDP of the total industrial sector it contributes around 10% to 11%. Even mining done on small scale contributes 6% to the entire cost of mineral production. Indian Mining Industry provides job opportunities to around 700,000 individuals.

RESOURCES:

With its vast resources of minerals Orissa offers excellent opportunities for mineral and mineral-based industries. The State has vast and diverse mineral deposits amounting to almost 16.92% of the total reserves of the country. Orissa offers investment opportunities for the following mineral-based industries: - sponge iron unit, induction furnace, coal washery, aluminium fluoride, powder metallurgy, aluminium downstream. The rich reserves of minerals in Orissa have led to the establishment of several mineral based industries in the State. Orissa is endowed with rich mineral resources like iron-ore, bauxite, coal, manganese-ore, chromite etc. According to All India Mineral Resources Estimates the mineral deposits of Orissa in respect of chromite, nickel, cobalt, bauxite, iron-ore are about 98.4%, 95.1%, 77.5%, 52.7% and 33.4% respectively of the total deposits of India. Other important mineral resources of the state are limestone, china clay, quartz, precious and semi-precious stones, copper, vanadium etc. The main exported minerals of the state are chromite, coal, dolomite, iron-ore, manganese and bauxite.

GOVERNMENT POLICIES:

The salient features of the National Mineral Policy, 2008 (NMP) generally applicable to the States are as follows:-

·         Minerals being a valuable resource, extraction have to be optimised through scientific methods, beneficiation and economic utilization. Zero waste mining will be the goal.

·         The regulatory environment will be made more conducive to investment. Transparency in allocations of concession will be assured with security of tenure to a concessionaire.

·         The duration of all concessions shall be rationalised.

·         Data filing requirements will be rigorously monitored and concessionaires will be closely monitored in this regard.

·         A framework of sustainable development will be designed to ensure that mining can take place along with restoration.

·         Mining shall not be undertaken in ecologically fragile or biologically rich areas. Mining in forest areas will be accompanied by time-bound reclamation.

·         Mining sectoral value addition through beneficiation, calibration, blending, sizing, concentration, pelletisation, purification and customization will be encouraged.

·         Mining infrastructure requires a special thrust. Infrastructure needs will be financed through innovative structures including user charges, PPP mode and viability gap funding.

·         An enabling environment will be created to motivate large capacity mining companies to undertake creation of transportation network.

·         In the public funding of infrastructure, greater thrust will be given to development of health, education, drinking water, road and other related facilities for integrated regional development.

·         State agencies involved in mineral sector development and regulation will be encouraged to modernize in the areas of prospecting as well as regulation.

·         The State Directorates will be suitably strengthened to enable them to regulate mining in the interests of conservation and scientific development of the sector.

 

Agro & Food Processing: Project Opportunities in Odisha (Orissa)

 

PROFILE:

India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry in India is witnessing rapid growth. In addition to the demand side, there are changes happening on the supply side with the growth in organised retail, increasing FDI in food processing and introduction of new products. India's food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

 

RESOURCES:

The State has vast potential for agro and food processing industries. This sector has therefore been identified as a prominent thrust area. Agriculture occupies a vital place in Orissa's economy with nearly 65 per cent of the total work force directly or indirectly engaged it. The State attaches top most priority to the growth of agro based and food processing industries. The Government has framed an agricultural policy with the aim of increasing investment in agriculture; bringing about a shift from subsistence to commercial agriculture and thus providing a status of industry to agriculture. There are several investment opportunities in the sector, which include :- provision of infrastructure like cold storage, storage godown, lift irrigation, marketing, etc ; (ii) setting up of agro-based industries for value addition to agricultural produce; (iii) seed production and quality planting material; (iv) agro-service centres; (v) production of organic tea, coffee, ginger, turmeric, cashew, aromatic rice; (vi) export of horticultural produces; (vii) fisheries and fish processing; etc. Priority has been accorded to agriculture extension through application of high-end crop production technologies as well as adoption of integrated nutrient management and pest management practices.

 

GOVERNMENT POLICIES:

The promotion of Agro-based industries is among the priorities of the State Government. Government would consider privatization of Government agricultural farms to act as nuclei for production of high quality seeds for hi-tech, agriculture and dissemination of advanced technology to farmers. Private efforts for development of agriculture, horticulture, plantation crops etc. will generally through contract farming. However, provisions of the Land Reforms Act would be suitably amended to exclude private commercial plantations from the provisions of Land Reforms. Greenhouse horticulture/floriculture would be promoted in private sector. Hi-tech, agritech firms would be also supported in selected areas. Sericulture will get high priority and private sector would be permitted to be involved in this activity. Tissue-Culture and techniques of advanced bio-technology will be promoted in a big way. Special efforts would be made to extensively develop cotton and sugarcane. Separate agencies will be created in the Agriculture A comprehensive programme for development of inland fish culture through advanced techniques of high yielding fish production will be launched. Brackish water and fresh water prawn culture has vast potential in the State. While promoting this sector, care will be taken to regulate this activity to prevent encroachments/pollution/disease spread. Modern hatcheries and feed plants would be promoted and supported. To give the required support to agro and food processing industries, a new corporate body will be set up to promote this sector through equity participation, load and other financial support and escort services. A comprehensive programme for development of Poultry sector will also be launched. Efforts will be made for long term arrangements to meet the raw material requirements of existing forest-based industries. Measures to promote commercial plantations in areas like rubber, coffee and tea will also be adopted.

 

 

Automobile Industry: Project Opportunities in Odisha (Orissa)

 

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units. Automobile Exports registered a growth of 22.30 percent during the current financial year. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

 

RESOURCES:

The State would make every endeavour to attract entrepreneurs specially established industrial houses to the State for setting up Automobile, Automobile components and Auto Ancillary industries of suitable locations. Orissa holds huge investment potential in the automobile sector including the auto component sector. This is because of the inherent advantages of the State in terms of raw material, cost and manpower. The resources available in the State to support automobile manufacturing units include:- Good quality pig iron/steel ingot and aluminium ingot; steel flat products like plates and sheets; steel rounds; several state-of-the-art automobile tyre manufacturing units; adequate supply of power in the State for the power intensive industrial activities; several institutions which are a constant source of educated and skilled human resource; etc. Investment Opportunities in the sector exist in passenger car segment, two wheeler segment and heavy truck segment. The Government is making all efforts to attract investors into the State, through various incentives and schemes.

 

GOVERNMENT POLICIES:

The Orissa state government is considering implementing a dedicated policy to encourage and boost investment in the sector of automotive components manufacturing. The state sees huge potential in the sector owing to the surge of investment and growth in the automobile industry and expects to cash in on it through the policy. According to a state official, the state plans to come up with a policy that will incentivize investment from auto parts manufacturing companies with the aim of creating an auto parts manufacturing hub in the state. In order to do so, the incentives offered in other states will be studied and the draft of the policy will be prepared accordingly after consultations with various prospective investors and stakeholders.

Biotechnology Industry: Project Opportunities in Odisha (Orissa)

 

PROFILE:

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness.

 

RESOURCES:

Given the rich bio-resources base, the State offers several opportunities for investment in the sector. This is particularly so, in the areas of tissue culture, herbal products, biofertilizers and biopesticides, as well as aqua-culture. The Government of Orissa has been encouraging investors through provision of infrastructural facilities and other necessary support. The State is advantageously positioned to harness biotechnology applications owing to its rich mineral and bio-resources.  The Chilika lake, Asia’s largest brackish water lake, houses a unique ecosystem comprising aquatic and terrestrial vegetation, migratory and resident birds, fishery resources and terrestrial wild life. It has a long coastline covering 480 km.  The State has a rich floristic wealth with an estimated 2754 plant species. Out of the estimated 1200 orchid species in India, 129 rare species are reported to occur exclusively in Orissa. Forests cover about 30% of the geographical area of the State.

GOVERNMENT POLICIES:

Recognizing the potential, the Government of Orissa has identified biotechnology as a priority area. The biotech policy aims at integrating the existing achievements in research and industry and strengthening and expanding the existing base to maximize the benefits for development of the state through the following:

1. Prioritising the thrust areas for basic and applied research and technology development

2. Promoting innovation in R&D by providing financial and infrastructural support and by encouraging public-private partnership for R&D.

3. Promoting development of the industry by providing quality infrastructure and an enabling environment for sustained growth and international competitiveness.

4. Development of human resources in various areas of biotechnology.

5. Employment generation

6. Capacity building of IPR and biosafety.

7. Providing financial support, and incentives to industry.

 

 

Handicrafts and Handlooms: Project Opportunities in Odisha (Orissa)

PROFILE:

Indian handloom has been the pride of India’s tradition and a representative of its cultural brilliance. In fact, handloom sector has been gaining significance since the ancient times, when it was discovered. The basic meaning of Indian handloom is creating designs by keeping traditions intact. And that’s the reason; this sector has always been in demand. In earlier times, the weavers, embroiders and printers used to do wonders with their skills manually. But, the development in this sector has given birth to various machines that are meant to simplify the tasks. India has a rich history of handicrafts that has evolved over the centuries. The entire wealth of timeless Indian handicrafts has survived through ages. The legacy of Indian culture promises everything- beauty, dignity, form and style. The magnetic appeal of Indian culture resides in its exclusivity, its mystical tone that leaves people amazed at their sight.

RESOURCES:

Handlooms and Handicrafts of Orissa are known the world over. The industry is being assisted by the Government in various ways. It is being provided raw material, marketing and quality up gradation facilities as well as the required financial support. The sector is a source of large scale employment in the State, particularly in the rural areas. All efforts would be made to provide assistance for marketing, quality upgradation, etc. Strong incentives and support would be provided to Khadi and Village Industries sector to provide large scale employment in rural areas. As with many other handicrafts of Orissa, the roots of the applique art/craft form is interwined with the rituals and traditions of Lord Jagannath, the presiding deity of the Puri temple. Horn articles of Orissa are mystical and are blended with a superb fashion design. Their lively appearance, dynamism and animation vie with the real objects of nature - that spells the names of Parlakhemundi and Cuttack. Available in widest spectrum of items like combs, pen stands, cigar pipes, decorative figures - horn articles form a memorable memento for the near and dear ones at home. The traditional crafts like wood and stone carvings, tie and dye weaving textiles, folk and patta paintings, applique, filigree and jewellery work had flourished side by side with royal patronage and ritualistic needs of the temples in the state.

 

GOVERNMENT POLICIES:

For handlooms and handicrafts, the two key organisations under the ministry of textiles are the Office of the Development Commissioner for Handlooms and the Office of the Development Commissioner for Handicrafts. Over the years, AIACA has engaged with the two offices in various capacities over issues such as access to raw material, access to markets and access to credit. More recently, AIACA has been engaging on the issue of protection, preservation and promotion of handloom and handicraft goods through the Geographical Indications status. Due to effective Government intervention through financial assistance and implementation of various developmental and welfare schemes, this sector has been able to withstand the competition from the power loom and mill sectors.

 

 

Tourism: Project Opportunities in Odisha (Orissa)

 

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. Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizations to promote tourism here. Tourism is one of the fastest growing industries in the world. The number of tourists worldwide has been registering phenomenal growth and it is expected that this number would shortly touch 1.5 billion. Tourism contributes about 11% of the world work force and 10.2% of the global gross domestic products. The dynamic growth of this industry is evident from the fact that a new job is added to this sector every 2.5 second.

RESOURCES:

Orissa offers excellent opportunities in the tourism sector. The Government has recognised the importance of tourism promotion in economic growth and has accordingly, undertaken several measures. These include:-A new logo to re-position and rebrand Orissa as a vibrant tourist destination Tourism fairs and festivals such as 'Sreekhetra Utsav' at Puri, 'Ekamra Utsav' at Bhubaneswar, 'Konark Festival' at Konark, showcasing tourism and cultural potential of the State Participation in travel-trade shows like 'Buddhist festival' , 'Leisure Moscow', 'WTM', 'PATA convention', 'IATO' , 'TTF', etc. The State has several places for tourists attraction, in the form of ancient monuments; beaches; religious places; hot springs; forest and wildlife; etc. The beaches include Gopalpur, Puri, Chandipur, Chandrabhaga, Aryapalli, Astaranga, Balaramgadi, Balighai, Baliharachandi, Beleswar, Paradeep, etc. Atri, Deulajhari, Taptapani and Tarabalo are the hot springs. Major waterfalls in the State are Barehipani, Joranda, Badaghagra, Sanaghagra, Khandadhar, Duduma, Harishankar, Miriglotah, Nrusimhanath, Phurli Jharan and Pradhanpat. Orissa was the first State to declare Hotels as an Industry. In addition to Hotels, other tourism related activities and wayside amenities would be entitled to various incentives as industries under the Industrial Policy. A separate policy on tourism would be formulated and announced shortly.

GOVERNMENT POLICIES:

A tourism policy has also been formulated by the Government for encouraging private investors. Investment opportunities in the sector, existing across a wide spectrum of areas, include:-

·         Accommodation facilities in the form of hotels, motels, spas and resorts, camps and jungle lodges;

·         Transportation services in the form of air, road and rail network, tourist vehicles and taxicabs;

·         Entertainment and leisure centres in the form of amusement Parks, theme Parks, multiplexes; water sports complexes; golf courses, bowling alleys and other sports related facilities;

 

Waste Management: Project Opportunities in Odisha (Orissa)

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

The most common way of treating solid waste in Orissa is land filling. Awareness on Solid Waste management among the people and various Institutions, Government Organisations and non-government Organisations are working on it. In Puri Municipality there exists a mechanized Bio-compost plant for treatment of garbage of 100 TPD capacities. Solid waste from industrial activities is one of the major environmental concerns. About 25 million tons of solid waste is being generated from industrial sectors in the state. It includes fly ash & bottom ash from thermal power plants, chemical slags from Iron 7 Steel plants and red mud from Aluminium industries. Some of the wastes are designated as hazardous because of their composition and hazard potential. About 80000 MT/annum of hazardous waste is being generated in Orissa. In the mining sectors, the major solid waste is the overburden waste.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management - Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Agar Oil from Black Agarwood

Agarwood, aloeswood or gharuwood is a fragrant dark resinous wood used in incense, perfume, and small carvings. It is formed in the heartwood of aquilaria trees when they become infected with a type of mould (Phialophora parasitica). Prior to infection, the heartwood is odourless, relatively light and pale coloured; however, as the infection progresses, the tree produces a dark aromatic resin, called aloes or agar (not to be confused with the edible, algae-derived agar) as well as gaharu, jinko, oud, or oodh (not to be confused with bukhoor), in response to the attack, which results in a very dense, dark, resin embedded heartwood. Agarwood oil, often referred to as oud oil and eagleswood oil, is a resinous, fragrant and highly valuable heartwood. Agarwood oil is more popularly called as Aloeswood oil. The essential oil is derived from the heartwood of the agarwood tree when they become infected with a type of mould. Post infection, the tree produces a dark aromatic resin, called aloes or agar. There are a number of popular species but typically aquilaria malaccensis, aquilaria agallocha or aquilaria crassna are used to make the oil. Agarwood oil market is segmented on the basis of the end use which includes retail and industrial. The retail segment is further sub-segmented as distribution channel which includes online stores, hypermarkets/supermarkets, specialized drug stores, and convenience stores. The plantation of agarwood has been introduced and re-introduced in countries such as Sri Lanka, Malaysia, etc. which will catalyze the revenue created from the global agarwood essential oil market. Techniques have also been implemented to improve stimulation of agarwood production for enhanced quality of the oil produced which will favor the market growth and expansion.
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Acetone

Acetone (propanone) is the organic compound with the formula (CH3)2CO. It is a colorless, volatile, flammable liquid, and is the simplest and smallest ketone. Acetone is miscible with water and serves as an important solvent in its own right, typically for cleaning purposes in laboratories. Acetone is a powerful solvent that is used primarily in industrial and laboratory settings, but is safe enough for household applications such as removing nail polish. Acetone is currently produced from petrochemicals as a co-product of phenol, however there is a rich history of high purity acetone being made from the fermentation of sugars derived from corn and other agricultural products. Acetone is a colorless, flammable liquid that evaporates easily. It is an organic compound because carbon atoms are present in acetone's chemical formula, which is (CH3)2O. It consists of three carbon atoms, six hydrogen atoms, and one oxygen atom. Acetone falls under the classification of ketones, which are organic compounds containing a carbonyl group bonded to two hydrocarbon groups. The long-term outlook on the demand for acetone market remains positive, with acetone market value expected to increase at a CAGR of 5.0% during the forecast period (2016 – 2026). Acetone, also known as dimethyl ketone, is a colourless, clear, and volatile liquid mainly used as a chemical intermediate in the manufacture of bisphenol-A (BPA), methyl methacrylate (MMA), and aldol chemicals. The global acetone industry is driven by the solvents sector, which represents 34% of global demand. Global solvent demand from acetone will continue to maintain a healthy growth rate through 2022. Methyl methacrylate (MMA) is the second-largest end use for acetone. The acetone market is expected to witness a CAGR of approximately 3.56% during the forecast period, 2018-2023. The market is driven by many factors, such as dynamic economic development in Asia-Pacific and a positive demand for MMA from the electronics industry. Acetone is a derivative of petroleum production and rising crude oil usage across the globe is anticipated to be an important driver for acetone market during the review period. Increasing pharmaceutical production and sales along with rising consumption of medicines is estimated to fuel the growth of the market. Furthermore, rapid urbanization coupled with increasing disposable income in emerging economies is predicted to propel the growth of the market during the assessment period, 2017 to 2023.
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Tomato Products Manufacturing Business

Tomato Products Manufacturing Business. Production of Tomato Ketchup, Sauce and Soup. Processing of Tomato Tomato Ketchup Tomato Ketchup word originated from Chinese koechiap meaning ‘brine of fish’, or generally mentioned as ‘spicy sauce’; the word sauce is derived from Latin word salsas that means ‘salted’. Ketchup is originally supposed to have been invented in the seventeenth century and was related to a sauce that contained fish brine, herbs, and spices as main ingredients. Tomato ketchup might be just an additional sauce for foods or a dressing for pasta. As we know, tomato is not only delicious as a fresh fruit but also delicious as sauce and even when it has been processed as tomato ketchup, the taste is still tasty. As part of worldwide culinary ingredients, tomato ketchup could be found in any kitchen around the world. Tomato Sauce Tomato sauces are used in many products including frozen foods, pasta sauces and pizza toppings, etc. A typical tomato sauce would be based on sieved or whole tomatoes, and/or tomato paste. It would also contain water, sugar, vinegar, salt and seasoning. The desired product viscosity would normally be achieved using a starch-based thickener. Tomato sauce is one of the most common sauces made primarily out of tomatoes. It is a product prepared by cooking fresh tomatoes down in to a medium thick sauce, which is strained to remove seeds and peels. Due to its rich flavor, low liquid content, very soft flesh that breaks down easily, and the right composition to thicken up into a sauce when cooked, tomato serves as the best option for preparing the sauce. Different Uses of Tomato Sauce: • It is used in the household along with snacks. • Used in restaurants for coloring and seasoning of foods. • Used by railways and other transportation modes that provides food services. • Street food dwellers. Market Outlook Tomato processing industry is huge. The only ketchup and sauce market in India is pegged at Rs 1,000 crore and growing at around 20% year-on-year. There is a big market for the processed tomato products. The market scenario has revealed a positive indication for the specially packed tomato sauce in local as well as outside market. Rapid urbanization has increased the use of processed tomato products. Tomato ketchup is a widely popular condiment made from tomatoes, vinegar, sweeteners, and salt. The simple yet versatile formulation of tomato ketchup has made it popular in various cuisines, with the growing demand for fast food enabling smooth expansion of the tomato ketchup market. Tomato ketchup is commonly served with fast food items such as sandwiches, burgers, fries, and grilled or fried meat. It is also commonly used as a base for other sauces, since its flavor is popular and agreeable. The ketchup market can be broadly segmented into four major segments, such as product ingredient type, application, distribution channel, and geography. Regarding product ingredient type, ketchup market can be classified into tomato ketchup, mushroom ketchup, mustard ketchup, fruit & nut ketchup, and others. Ketchup is a staple with traditional fast food items, but the agreeable flavor of tomato ketchup has also boosted its use with local fast food items in emerging regions. As a result, leading producers of tomato ketchup have been able to successfully create regional variants of their products based on the cultural preferences and compatibility with the local cuisines. The global tomato ketchup market is primarily driven by the growing demand for fast food across the world. While North America is the prime market for fast food, the growing adoption of the Western culture across the world is leading to significant demand for fast food in Asia Pacific and Latin America, where the market stands to grow rapidly owing to the increasing disposable income of urban consumers. The convenience of fast food means the burgeoning middle class is likely to remain a key consumer demographic for the fast food industry in the coming years, leading to strong growth prospects for the global tomato ketchup market. Due to the widespread prevalence of fast food joints and quick service restaurants in North America and Europe, these two are the leading contributors to the global tomato ketchup market and are likely to retain a dominant share in the coming years. However, the Asia Pacific and Middle East markets for tomato ketchup have exhibited promise in the last few decade, and with many countries in this region steadily climbing the rungs of economic progress, the fast food industry is also growing smoothly in these regions. This is likely to present promising growth prospects for manufacturers of tomato ketchup in the coming years. With an annual growth of over 20% per annum, the demand for tomato sauce is getting huge in India which is expected to rise more in times to come. It can be used along with snacks to coloring and seasoning in restaurants. The eating culture of Indian people has certainly given rise to the use of tomato sauce extensively. The demand of tomato sauce is huge in India. It has got an annual growth of over 20 % per annum. As the tomato sauces come in different kind of uses, that is why the demand is also very high in the market. Tomato Processing Market The global tomato processing market has experienced a healthy growth over the past several years. This can be accredited to the changing lifestyle and increasing spending power of the consumers coupled with the innovative product packaging. Around 80% of the tomatoes produced worldwide are consumed fresh, whereas the remaining 20% are utilized in the tomato processing industry. As an important flavoring ingredient, processed tomato products are extensively used in the food processing industry, fast food joints, hotels, restaurants and households. There are many processed tomato products available in the market. Some of these include - peeled tomato, partially dehydrated tomato, diced tomato, tomato snacks, tomato paste, ketchup, soup, juice, sauce, powder and concentrate. The global market for tomato processing is currently being driven by numerous factors. Rising fast food trends have led to an increase in the global demand for processed tomatoes. Population growth, rising disposable incomes, urbanization, changing dietary patterns, growing fast food industry and rising demand from emerging markets are also broadening the growth aspects of the global tomato processing market. The global tomato processing market reached a volume of around 34 Million Tons in 2016. A number of factors are currently driving the growth of this market. These include changing food habits, rising incomes, urbanisation, emerging markets, growing consumption of fast foods especially by youngsters, etc. Tomato processing in India is still not very significant. Processed tomato products have good export potential, especially in the Middle East. Many units are operating in the small scale sector in the country. 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Phosphoric Acid (Purification) From Crude Phosphoric Acid

Phosphoric acid (also known as orthophosphoric acid or phosphoric (V) acid) is a weak acid with the chemical formula H3PO4. Orthophosphoric acid refers to phosphoric acid, which is the IUPAC name for this compound. The prefix ortho- is used to distinguish the acid from related phosphoric acids, called polyphosphoric acids. Orthophosphoric acid is a non-toxic acid, which, when pure, is a solid at room temperature and pressure. Phosphoric acid, also called orthophosphoric acid, (H3PO4), the most important oxygen acid of phosphorus, used to make phosphate salts for fertilizers. It is also used in dental cements, in the preparation of albumin derivatives, and in the sugar and textile industries. It serves as an acidic, fruitlike flavouring in food products. Phosphorus is an essential plant nutrient and is taken up by plant roots, usually as the dihydrogen phosphate ion, H2PO4-, derived from phosphoric acid, H3PO4. The manufacture of fertilizers that are used to rectify phosphorus deficiencies in soils depends on the availability of supplies of phosphoric acid. Phosphoric acid is an inorganic mineral acid and can be referred to as phosphoric (V) acid or orthophosphoric acid. Orthophosphoric acid molecules combine with themselves to form various compounds which are termed as phosphoric acids. Phosphoric acid is largest in terms of production and consumption value and follows sulfuric acid in terms of volume. Phosphoric acid can be produced by two commercial methods: wet process and thermal process. Wet process phosphoric acid is used in fertilizer production. Thermal process phosphoric acid is of higher purity and it is used in the manufacture of high-grade chemicals, pharmaceuticals, detergents, food products, beverages, and other non-fertilizer products. Phosphoric acid (H3PO4) is the leading inorganic acid produced and consumed in terms of production value and it is the second largest in terms of volume after sulfuric acid. By far its greatest use is in the manufacture of phosphate chemicals consumed primarily as carriers of phosphorus values in fertilizers. Use in the production of animal feeds is of secondary importance. Phosphoric acid is also used in the manufacture of phosphate chemicals for use in water treatment and detergent builders, dentifrices, fire control chemicals, and a host of smaller markets.
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Micronutrients for Crop Production (Solid Form)

Micronutrients are essential elements required by organisms in small quantities throughout life to orchestrate a range of physiological functions to maintain health. Micronutrient requirements differ between organisms; for example, humans and other animals require numerous vitamins and dietary minerals, whereas plants require specific minerals. For human nutrition, micronutrient requirements are in amounts generally less than 100 milligrams per day, whereas macronutrients are required in gram quantities daily. Micronutrients are essential to the production of enzymes, hormones, proteins, and other products created by your body. Some micronutrients have a specialized role, while others fulfill a broad range of functions. Micronutrients are incredibly important for health and wellness. Mineral deficiencies can have lasting, detrimental health consequences in children and adults of all ages. Micronutrients are trace elements such as vitamins and minerals. They differ from macronutrients, like carbohydrates, protein and fat, because they are necessary only in very small amounts. Micronutrients include minerals such as fluoride, selenium, sodium, iodine, copper and zinc, and vitamins such as vitamin A, B, C, D, E, and K. Because our body is not able to produce all vitamins and minerals, it obtains them from the nutrient-rich foods we eat. Global micronutrients market is expected to grow over the forecast period on account of increasing demand from agriculture industry since they significantly improve uniformity and quality in crop yield. Micronutrients deficiency results in yellowing of leaves, withering of buds in crops, health hazards and eventually resulting in crop productivity decline. Micronutrients are utilized by humans and other organisms in micro quantities for various physiological functions. As opposed to macronutrients, micronutrients are required in minute quantities in soil and humans, generally less than 100 milligrams per day. Micronutrients such as copper, iron, zinc, boron are considered as essential micronutrients for plants. As the deficiency of micronutrients can lead to various diseases in plants that may reduce quality and quantity of plants. Increasing preference for Genetically Modified (GM) seeds across the globe is also likely to impact the growth of the global market for agriculture micronutrients. Increasing use of chemical fertilizer is also driving the growth of micronutrients, as it protects crops from insects, UV radiations, and also offer increased yield. The global micronutrients market is expanding due to high demand for quality and uniform yield owing to rising population. Food security is one of the major challenges faced by the global agriculture industry. Depleting arable land is another major concern in most regions. The amount of nutrients in the soil has diminished due to adoption of new technologies and increasing pressure on agricultural land to deliver quality yields.
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Return: 1.00%Break even: N/A
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China Clay Washing/Purification

China Clay is also known as kaolin & white clay. Primary clay formed by natural kaolinisation process. It is formed by decomposition of some part of feldspar mineral. White in color used in ceramic slip casting process, Pressing processes and forming process as a body former and filler. Kaolinite is a clay mineral, part of the group of industrial minerals, with the chemical composition Al2Si2O5(OH)4. It is a layered silicate mineral, with one tetrahedral sheet of silica (SiO4) linked through oxygen atoms to one octahedral sheet of alumina (AlO6) octahedra. Rocks that are rich in kaolinite are known as kaolin or china clay. China clay, one of the purest of the clays, composed chiefly of the mineral kaolinite usually formed when granite is changed by hydrothermal metamorphism. Usage of the terms china clay and kaolin is not well defined; sometimes they are used synonymously for a group of similar clays, and sometimes kaolin refers to those obtained in the United States and china clay to those that are imported. Some authorities term as china clays the more plastic of the kaolins. The global china clay market is the use of ceramic in the hydraulic fracturing method for the production of shale gas in the U.S. Thus the market demand for china clay is expected to grow significantly over the next decade especially in the U.S. The global China clay market is segmented into its type, application, and geography. On the basis of type, the market is divided into soft kaolin, hard kaolin, silicate-kaolin, and calcined kaolin. Based on application, the market is categorized into agriculture, paints, coatings and adhesives, construction, plastic, rubber and fiberglass, wire and cables, paper, and others. On the basis of region, the market is segregated into Europe, Latin America, North America, Asia-Pacific, and the Middle East and Africa. The global kaolin market size was estimated at USD 5.04 billion in 2017. It is projected to expand at a CAGR of 8.8% over the forecast period. Kaolin increases gloss, smoothness, brightness, and paint absorbency of paper. All these factors improve surface printability. These properties are expected to have a positive impact on product demand from paper and packaging industries. Kaolin clay (or China Clay, is white clay mostly composed of kaolinite, which is a hydrated aluminium silicate. The kaolin geology process relies on chemical weathering, which transforms hard granite into soft granite (“kaolinisation”). Because of the numerous inherent properties of kaolin, kaolin uses are very diverse. After it is transformed by chemical plants in China, kaolin is used by various industries, such as paper, ceramics, rubber, pharmaceuticals and cosmetics.
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Return: 1.00%Break even: N/A
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Brick Field from Sandy Clay

The term brick refers to small units of building material, often made from fired clay and secured with mortar, a bonding agent comprising of cement, sand, and water. Long a popular material, brick retains heat, with-stands corrosion, and resists fire. Because each unit is small—usually four inches wide and twice as long, brick is an ideal material for structures in confined spaces, as well as for curved designs. Moreover, with minimal upkeep, brick buildings generally last a long time. A brickfield is a common location name in southeast England. Its name derives from a field where the topsoil was removed and the clay beneath was stripped, and mixed with chalk and ash to create bricks. The field now could then be used for horticulture, in Kent it was often planted with fruit trees. Brickfield a manufacturing unit to manufacture bricks from mud soil or clay. Dependence on mud bricks as construction material in Bangladesh is common since the country is covered with alluvial soil and stone materials are being scarce. That bricks had been used for construction since ancient time is borne by the fact that structures in built with bricks.
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Return: 1.00%Break even: N/A
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Talcum Powder

Talcum powder is made from talc, a mineral made up mainly of the elements magnesium, silicon, and oxygen. As a powder, it absorbs moisture well and helps cut down on friction, making it useful for keeping skin dry and helping to prevent rashes. It is widely used in cosmetic products such as baby powder and adult body and facial powders, as well as in a number of other consumer products. Talcum powder is a soft white powder made from talc – which is a mineral primarily consisting of magnesium, silicon and oxygen. In its powder form, it absorbs moisture, acts as a deodorant and reduces friction, which results in helping keep skin dry and preventing rashes. Talcum powder is commonly used in cosmetic and consumer products such as baby powder, and adult and facial powder. When in its natural form, it can contain asbestos, which is a substance known to cause cancers in and around the lungs if inhaled. Talcum powder is widely used in cosmetic products, such as baby powder and adult body and facial powders. The powder made from talc, a mineral that consists of the elements magnesium, silicon, and oxygen is used to absorb moisture and cut down on friction. Talcum powder Talc Powder is excellent filler due to blending characteristics. It exhibits thermal and electrical resistance properties as well as excellent scrub resistance, reduced sagging, good coverage, higher loading and water resistance. It is chemically inert. Talcum Powder Market analysis is provided for each region, based on the growth rate, consumer buying patterns, present demand and supply scenarios in Talcum Powder Market. This market research report is a beneficial tool for its buyer to increase the profitability of investment, to explore new dimensions, and to make informed decisions. The Global Talcum Powder market is valued at XX million USD in 2018 and is expected to reach XX million USD by the end of 2023, growing at a CAGR of XX% between 2018 and 2023 The Indian talcum powder market is valued at Rs 1,300 crore and is growing at 6-7 per cent. In the Indian Cosmetic Industry, both electronic, as well as print media, are playing an important role in spreading awareness about the cosmetic products and developing fashion consciousness among the Indian consumers. The demand of Talcum Powder is increasing day by day at the pace of awareness of beautification.
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Zinc Chloride

Zinc chloride is the name of chemical compounds with the formula ZnCl2 and its hydrates. Zinc chlorides, of which nine crystalline forms are known, are colorless or white, and are highly soluble in water. ZnCl2 itself is hygroscopic and even deliquescent. Samples should therefore be protected from sources of moisture, including the water vapor present in ambient air. Zinc chloride finds wide application in textile processing, metallurgical fluxes, and chemical synthesis. Zinc Chloride has numerous applications in different industries, including health care, pharmaceuticals, and paper manufacturing industry. It is also used in the chemical products formulation and manufacturing industry too. Zinc chloride (ZnCl2) is an important compound and it is exists in its nine crystalline forms which are either colorless or white. It is actually a granular powder which we get by heating calcium chloride and zinc sulfate together. It has a specific gravity of 2.75, a pH of 4 and a burning taste. The anhydrous zinc chloride which is white is known for its solubility in water. Zinc Chloride is an ionic salt essential for the synthesis of cholesterol, protein, and fats. Zinc plays an important role in the proper functioning of the immune system. Zinc is required for the enzyme activities necessary for cell division, cell growth, and wound healing as well as the release of vitamin A from the liver. It plays a role in the acuity of the senses of smell and taste and is required to maintain prostate reproductive health and insulin function. Zinc is also involved in the metabolism of carbohydrates. Zinc chloride is administered orally or parenterally as a nutritional supplement. Zinc chloride is most commonly used for galvanizing, soldering and tinning fluxes, odor control, oil-gas wells, vulcanized fiber, reclaimed rubber, textile finishing, liquid fertilizer and dry cell batteries among others. Sales revenue of the zinc chloride market is pegged at approximately 270.9 Mn in 2018 and is projected to reach a value of US$ 426.4 Mn by the end of 2028, expanding at a CAGR of 4.6% over the forecast period (2018 – 2028). The global zinc chloride market can be segmented on the basis of grade type, application, end use sector and region. On the basis of grade type, the global zinc chloride market can segmented into high purity grade, battery grade, technical grade and commercial grade. On the basis of application type, the global zinc chloride market can be segmented into dry cell batteries, water treatment, catalyst and others.
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Pomegranate Farming Business

Pomegranate Farming Business. Profitable Fruit Cultivation Business Ideas. Best Agriculture/Agro-Based Business Pomegranate (Punica granatum) is one of the commercially important fruit crops of India. It is native to Iran (Persia). Pomegranate (Punica granatum) is an ancient favourite table fruit of tropical and sub-tropical regions of the world. Pomegranate is one of the commercially important fruit crops of India. It is native to Iran (Persia). Uses Pomegranates have many varied uses including: • Fresh fruit (for eating and as decorative items) • Fresh juice • Concentrated juice • Arils (frozen or fresh) • Flavoring for jam, ice-cream and confectionery • Products such as tea • Pharmaceutical and medicinal uses • Dyes and decoration. Pomegranate farming is growing rapidly in recent years. Pomegranate cultivation requires less water as this is a drought tolerant crop. Commercial production starts within 3 years in pomegranate plantation and lasts up to 30 years. This is a high-value crop and has export potential. Pomegranate Farming is the best business for the farmers to earn more and more profit. Pomegranate (Punica granatum) is one of the important commercial fruit. It is assumed that it is native fruit of the Persia; Nowadays known as IRAN. It is more beneficial economically as you have once started its farming, than they give yield more than 150 years. Pomegranate fruit has lots of its medical benefits along with its greater demand in market. This fruit can be utilized in fresh form or in the form of its products like Juice, Jam, Squash, Syrup, Canned slice etc. In India, about more than 70% of its products are canned slice and juice, the most demanding product of the Pomegranate fruit in local market. In the World, Pomegranate is commonly cultivated in the Caucasus region, Africa, Central Asia along with the Indian subcontinent. In India, It is commonly cultivated in the Maharashtra along with the small region of the nearby state; Gujarat, Telangana, Himachal Pradesh, Karnataka, Rajasthan, Tamil Nadu, Andhra Pradesh, Utter Pradesh and Haryana. India is the largest producer of this fruits, mainly export abroad in Kuwait, Bahrain, Oman, Saudi Arabia, U.A.E., etc. There is great demands of “Ganesh and Aarakta” Pomegranate fruit in the international markets. India is the largest pomegranate growing country in the world. Total area under pomegranate cultivation in India is more than 1.0 lac hectare, where Maharashtra is the leading pomegranate growing state. Area under pomegranate is being growing up very rapidly because of its huge fruit demand for domestic as well as export market. Global demand for pomegranate and pomegranate products is growing quickly, with industry participants reporting that in the first decade of the 2000s, demand doubled every three years to significantly exceed global supply. Less than 1.25% of global production originates in the southern hemisphere, indicating the excellent opportunity that Australia has to supply counter-seasonal product to the northern hemisphere, as well as supply fresh product to the domestic market. Juicing pomegranates is another way to add value. Pomegranate juice is claimed to have many health benefits, such as being high in antioxidants and having anti-inflammatory properties. Pomegranate juice can be processed as 100 percent pomegranate or as blends. Pomegranate juice has a very tart flavor and is often more palatable if combined with other juices. Blends of pomegranate juice are often combined with other fruits high in antioxidants such as acai berries, blueberries, cranberries and cherries. Pomegranate juice can also be used to produce pomegranate wine. Pomegranates are commonly used as decorations during the fall and winter seasons. They can be displayed fresh and used later for consumption, or they can be dried. For exports, West Asia continues to remain one of the biggest markets for India. Last year, India also exported pomegranates to countries such as Bangladesh, Bahrain, Sri Lanka, Russia and the Netherlands. Maharashtra contributes 90% to the country’s total pomegranate production. The state leads the pomegranate cultivation with approximately 1, 75,000-2, 00,000 hectare and other states totaling 30,000-40,000 hectare. Maharashtra contributes 90% to the country’s total pomegranate production. Europe is a net importer of fresh pomegranates. In addition to the local production volume, around 60,000 tonnes of pomegranates (imports minus exports) were added to the apparent consumption in 2016. Pomegranates are a luxury fruit that sells well in the higher segment. The demand for more exotic and healthy fruit can help increase profitability for exporters from developing countries. The pomegranate fruit has very good potential for export due to its large use of decoration, use of fresh kernels (arils) for garnishing and for consumption as fresh fruit because of its nutritive value. There is tremendous potential for export of pomegranate from India and it is fact that India is largest producer of pomegranates in the world. Moreover, India produces finest edible quality of pomegranates which are available almost throughout the year. The recent global trend of increased demand for pomegranates, whether as fresh fruit or as derived products, is growing at an impressive pace. It is considered to be the outcome of the many favorable effects on human health these products were found to possess. Tags #Pomegranate_Farming, #Pomegranate_Cultivation/_Pomegranate_Farming, Pomegranate Farming Process, #Pomegranate_(Punica_Granatum), Pomegranate Crop Cultivation, #Pomegranate_Cultivation, Cultivation of Pomegranate, Pomegranate Plant Cultivation in India, Pomegranate (Anar) Farming, #How_to_Starting_Your_Own_Pomegranate_Farming_Business, Profitable Fruit Cultivation Business Ideas, Profitable Fruit Farming Business Ideas, Most Profitable Agricultural Business Ideas, #Agriculture_Fruit_Farm_Business, Growing Pomegranate Fruit, Commercial Production of Pomegranate, Pomegranate Farming Project, Pomegranate Cultivation Project Report, Profitability in Pomegranate (Punica Granatum) Cultivation, #Pomegranate_Cultivation_Cost_and_Profit, Pomegranate Cultivation PPT, Commercial Fruit Farming, Pomegranate Plantation Project Report, How do I Start Pomegranate Farming? Project Report on Pomegranate Farming Industry, Detailed Project Report on Pomegranate Farming Business, #Project_Report_on_Pomegranate_Farming_Business, Pre-Investment Feasibility Study on Pomegranate Farming Business, Techno-Economic Feasibility Study on Pomegranate Farming Business, #Feasibility_Report_on_Pomegranate_Farming_Business, Free Project Profile on Pomegranate Farming Business, #Project_Profile_on_Pomegranate_Farming_Business, Download Free Project Profile on Pomegranate Farming Business, Pomegranate Processing Project Report, Pomegranate Processing Business
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