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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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Bungalow Construction

Bungalows tend to be small and so are easily maintained and relatively cheap to heat and cool. As a result, they are often promoted as being suitable housing for the disabled or elderly, who may also benefit from their single storey layout.However, as they are single storey, they occupy more area than multi-storey buildings, and can have a higher cost per square metre. Real estate sector in India is expected to reach a market size of US$ 1 trillion by 2030 from US$ 120 billion in 2017 and contribute 13 per cent of the country’s GDP by 2025. Retail, hospitality and commercial real estate are also growing significantly, providing the much-needed infrastructure for India's growing needs. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Ganesh Housing Corpn. Ltd. • Godrej Greenview Housing Pvt. Ltd. • Kavya Buildtech Pvt. Ltd. • Kerala Police Housing & Construction Corpn. Ltd. • Lotus Properties Ltd. • Madhuvanthi City Homes Mirzapur Pvt. Ltd.
Plant capacity: 778337 Sq.fts./AnnumPlant & machinery: -
Working capital: -T.C.I: Cost of Project: Rs 23347 lakhs
Return: 25.00%Break even: 7.00%
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Textile Industry (Cotton Fabric)

A textile or cloth is a flexible woven material consisting of a network of natural or artificial fibres often referred to as thread or yarn. Textiles refer to materials that are made from fibers, thin threads or filaments which are natural or manufactured or a combination. Textiles are created by interlocking these yarns in specific patterns resulting in a length of cloth. India is one of the world's largest producers of textiles and garments. Abundant availability of raw materials such as cotton, wool, silk and jute as well as skilled workforce have made the country a sourcing hub. It is the world's second largest producer of textiles and garments. The Indian textiles industry accounts for about 24% of the world's spindle capacity and eight percent of global rotor capacity. The potential size of the Indian textiles and apparel industry is expected to reach US$ 223 billion by 2021. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • A A A Textiles Pvt. Ltd. • Bala Balajee Textiles Ltd.. • Centwin Textile Mills Pvt. Ltd. • D C M Textiles Ltd. • E R Textiles Ltd. • Flora Textiles Ltd. • G P I Textiles Ltd.
Plant capacity: 600000 Mtrs./DayPlant & machinery: Rs 3306 lakhs
Working capital: -T.C.I: Cost of Project: Rs 36312 lakhs
Return: 27.00%Break even: 38.00%
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TMT Bars, Angles & Pipes

Steel is an iron based mixture containing two or more metallic and/or non metallic elements usually dissolving into each other when molten. Steel has been the key material with which the world has reached to a developed position. All the engineering machines, mechanical tools and most importantly building and construction structures like bars, rods, channels, wires, angles etc are made of steel for its feature being hard and adaptable. The TMT bars are widely used in construction works such as high-rise building, industrial structures, flyovers and bridges etc. Indian demand is projected to rise to 200 million tonnes by 2015. Given the strong demand scenario, most global steel players are into a massive capacity expansion mode, either through brownfield or greenfieldroute. By 2012, the steel production capacity in India is expected to touch 124 million tonnes and 275 million tonnes by 2020. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Brilliant Steel Products Ltd. • C P Re-Rollers Pvt. Ltd. • Chamundi Steel Castings (India) Ltd. • Dewas Metal Sections Ltd. • Essar Steel India Ltd. • Facor Steels Ltd.
Plant capacity: 120 MT/DayPlant & machinery: Rs 400 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1629 lakhs
Return: 30.00%Break even: 51.00%
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Industrial Township

Industrial Township provides facilities like, parks, community halls, library, shopping centers, banks, post offices etc. In the Indian context, an “Industrial Park” means a project in which plots of developed space or built up space or a combination with common facilities and quality infrastructure facilities is developed and made available to the units for the purposes of industrial activities or commercial activities. ? Industrial development is one of the important drivers of economic growth in India. India is targeting industrial growth rate of 12 to 14% in the medium run and contribution of industrial sector to national GDP by 25% creating 100 million additional jobs by 2022. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Ansal Townships Infrastructure Ltd. • Cessna Garden Developers Pvt. Ltd. • Godrej Garden City Properties Pvt. Ltd. • Himachal Textile Park Ltd. • Industrial Township (Maharashtra) Ltd. • Infinity Townships Pvt. Ltd. • J K B Constructions Pvt. Ltd.
Plant capacity: Type 1 Industrial Plots Area 500 sq.mt. each: 80 Nos./Annum Type 2 Industrial Plots Area 1000 sq.mt. each: 40 Nos./Annum Type 3 Industrial Plots Area 2000 sq.mt. each: 20 Nos./Annum Type 4 Industrial Plots Area 5000 sq.mt. each: 8 Nos./Annum ResidPlant & machinery: Rs 69 lakhs
Working capital: -T.C.I: Cost of Project: Rs 21024 lakhs
Return: 30.00%Break even: 14.00%
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Warehouse

Warehousing refers to the activities involving storage of goods on a large-scale in a systematic and orderly manner and making them available conveniently when needed. In other words, warehousing means holding or preserving goods in huge quantities from the time of their purchase or production till their actual use or sale. Warehousing is one of the important auxiliaries to trade. It creates time utility by bridging the time gap between production and consumption of goods. Warehousing plays a very vital role in promoting agriculture marketing, rural banking and financing and ensuring food security in the country. It enables the markets to ease the pressure during harvest season and to maintain uninterrupted supply of agricultural commodities during off season. Indian logistics market is expected to grow at a CAGR of 12.17% by 2020 driven by the growth in the manufacturing, retail, FMCG and e-commerce sectors. This facilitates the development of new technologies and ensures a high quality product. ? Few Indian major players are as under • Asian Warehousing Ltd. • Continental Warehousing Corporation Ltd. • Greenland Warehousing Ltd. • Heena Warehousing Ltd. • Mofussil Warehouse & Trdg. Co. Ltd. • Orient Marine Lines Logistics & Warehousing Pvt. Ltd. • Punjab State Container & Warehousing Corpn. Ltd.
Plant capacity: 250000 Sacks/DayPlant & machinery: Rs 1497 lakhs
Working capital: -T.C.I: Cost of Project: Rs 14544 lakhs
Return: 24.00%Break even: 28.00%
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Fiberglass Doors (Surrounded Wood and Inside Filled Polyurethane Foam by Injection)

Fiberglass doors are two large molded skins with a polyurethane foam core between the skins which is a great insulator against heat and cold. They are popular for their high insulation values, low maintenance, and resistance to dents and scratches. Fiberglass is widely used for manufacturing and building in today’s most demanding industries- cars, boats, pools and more, due to its ability to create molds and create custom shapes and never become distorted over time. Commercial doors market will witness a valuation of over USD 60 billion by 2024. The demand varies depending upon the client’s requirement with varied functions. Increase in consumer spending on new construction as well as renovation of existing residential & commercial buildings will drive the global doors market growth. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Arm Winsys Tech Pvt. Ltd. • Bajaj Eco-Tec Products Ltd. • Chevron Glassfibre Reinforcements Ltd. • Cosmos Fibre Glass Ltd. • Everlast Composites Pvt. Ltd. • Goa Glass Fibre Ltd.
Plant capacity: 150 Nos./DayPlant & machinery: Rs 89 lakhs
Working capital: -T.C.I: Cost of Project: Rs 392 lakhs
Return: 29.00%Break even: 61.00%
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Oleoresin of Spices (Black Pepper, Paprika and Cardamom)

Oleoresin is a homogeneous mixture comprising of resin and oils that are volatile in nature. Spice oleoresins represent the complete flavour profile of the spice. It contains the volatile as well as non-volatile constituents of spices. Spice oleoresins guarantee superior quality of flavour and aroma. They have several applications like in the preparation of beverages, soup powders, confectionary, curries, noodles, sauces, canned meat etc. The Indian spice oleoresin market is about Rs.600 crores. India accounts for 70% of the world oleoresin production with competition from China, US, Lanka, South Africa and Latin America. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Arjuna Natural Extracts Ltd. • Kancor Ingredients Ltd. • Naturite Agro Products Ltd. • Omniactive Health Technologies Ltd. • Sanat Products Ltd. • Sijmak Oils Ltd.
Plant capacity: Black Pepper Oleoresin: 14 Kgs/Day Black Pepper Spent: 545 Kgs/Day Cardamom Oleoresin: 10 Kgs/Day Cardamom Spent: 120 Kgs/Day Paprika Oleoresin: 1.2 Kgs/Day Paprika Spent: 15 NPlant & machinery: Rs 234 lakhs
Working capital: -T.C.I: Cost of Project: Rs 424 lakhs
Return: 27.00%Break even: 53.00%
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Peanut Butter

Peanut butter is a food paste made from ground nut or peanut. It consists essentially of cleaned, graded, blanched, roasted and crushed groundnuts containing about 45 percent of oil and over 25 percent of proteins, being thus a highly nutritive food. The paste is used in preparation of side dishes and is also cooked with vegetables, pearled sorghum and maize to make a variety of dishes. Indian butter market was valued at INR 420 crore in the year 2011-12 in value terms. On the other hand, cheese spread is expected to have market value of 5473 metric ton at the end of forecast period. Peanut butter market is expected to have growth rate more than 10% from 2017-18 to 2022-23. The India Peanut Butter market Size will be 3.3 Billion USD in 2023, with a CAGR of 13% between 2018 and 2023. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Dr. Oetker India Pvt. Ltd. • Innovative Foods Ltd. • Sampre Nutritions Ltd. • Sundrop Foods India Pvt. Ltd. • Veeba Food Services Pvt. Ltd.
Plant capacity: 12595 Kgs/DayPlant & machinery: Rs 221 lakhs
Working capital: -T.C.I: Cost of Project: Rs 632 lakhs
Return: 29.00%Break even: 63.00%
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Ground Calcium Carbonate (GCC) Manufacturing Business

Ground Calcium Carbonate (GCC) Manufacturing Business. Production of Ground Calcium Carbonate with 90% Brightness and Whiteness and > 90% CaCO3 Calcium carbonate is one of the most abundantly occurring minerals on earth and composes nearly four percent of earth’s crust. It exists naturally in the form of limestone, marbles and chalk formed by sedimentation over a period of time. It is one of the most versatile compounds and finds a variety of applications across a diverse set of industries including construction, steel, and agrochemicals among others. Advantages of Ground Calcium Carbonate • GCC is cheaper and it has high brightness. • GCC creates a porous surface on the paper sheet due to its rhombohedral particle shape. • GCC is hydrophobic as a result it is liberate water more rapidly. • Improve printability • Lower binder demand Uses Calcium carbonate, as it is used for industrial purposes, is extracted by mining or quarrying. Pure calcium carbonate can be produced from marble. The primary type of industrial product is "ground calcium carbonate,” or GCC. GCC, as the name implies, involves crushing and processing limestone to create a powdery-like form graded by size and other properties for many different industrial and pharmaceutical applications. • Paper, Plastics, Paints, and Coatings Calcium carbonate is the most widely used mineral in the paper, plastics, paints and coatings industries both as a filler – and due to its special white color - as a coating pigment. In the paper industry it is valued worldwide for its high brightness and light scattering characteristics, and is used as an inexpensive filler to make bright opaque paper. • Personal Health and Food Production Calcium carbonate is used widely as an effective dietary calcium supplement, antacid, phosphate binder, or base material for medicinal tablets. It also is found on many grocery store shelves in products such as baking powder, toothpaste, dry-mix dessert mixes, dough, and wine. Calcium carbonate is the active ingredient in agricultural lime, and is used in animal feed. Calcium carbonate also benefits the environment through water and waste treatment. • Building Materials and Construction Calcium carbonate is used in industrial settings to neutralize acidic conditions in both soil and water. Calcium carbonate crystals are referred to as calcite. The calcite crystal generally is considered a rhombohedron because of its cleavage properties. Cleavage is what causes crystals to angle where the bonding forces are weak and are apt to break into planes. Calcite is unique in that its cleavage takes three distinct directions. Market Outlook On the basis of detailed analysis in the report the growth of every one of those ventures, and a few others, will keep on surging the demand in the global calcium carbonate market at a considerable CAGR of 5.0% during the forecast period from 2017 to 2025. As per the research, the global calcium carbonate market is foreseen to reach around worth of US$22,311.06 mn before 2025, considerably more the end of 2025, from the market's assessed valuation of US$15,158.33 mn back in 2017. The surge in requirement for paints and coatings on the back of thriving construction and building industry, augmented demand in the paper business, developing utilization of nano-calcium carbonate in the pharmaceutical and rubber enterprises are boosting the growth in global calcium carbonate market. Moreover, government activities for the development of the plastics industry in the Middle East are among the major factors fueling the demand in the global calcium carbonate market. Then again, environmental concerns of mining limestone and negative impacts of utilizing calcium carbonate in dietary supplements are a couple of limitations testing the market for the same. APAC is expected to be the major revenue contributor to the ground calcium carbonate market throughout the forecast period. The region is witnessing an increased demand for ground calcium carbonate from the fillers market due to innovations in terms of product and quality development. The market in this region is also driven by the growth of the paints and coatings, industrial, and packaging industries. The increasing demand from packaging and tissue paper application is identified as one of the primary growth factors for this market. The demand for ground calcium carbonate in packaging and tissue paper application is rapidly gaining prominence. Ground calcium carbonate is used in this segment as it creates a porous base on the sheet of paper, due to its rhombohedral particle shape. Moreover, the ground calcium carbonate is hydrophobic and it releases water rapidly. Also, the tissue paper market is constantly growing with the rise in number of quick service restaurant (QSR), food and beverages (F&B) chains, and other associated outlets. These facilities prefer disposable napkins and paper towels since they do not require washing and eliminate the need for labor and are more hygienic when compared to their conventional cloth counterparts. This will in turn, propel the demand for ground calcium carbonate in the coming years. In terms of market volume, global ground and precipitated calcium carbonate market is expected to witness a steady growth, registering a moderate single digit growth compounded annual rate during the forecast period. This forecast growth in consumption of ground and precipitated calcium carbonate is expected to primarily be attributed to steady growth in demand from end use industries based in Asia Pacific region. Thus, steady growth of construction sector coupled with forecast steady growth of global automotive production is expected to positively impact the consumption of ground and precipitated calcium carbonate across end use industries. Moreover, steady growth in demand from plastics and rubber industries is expected to propel the global ground and precipitated calcium carbonate market over the forecast period. However, relatively sluggish to slow growth of paper industry, major ground and precipitated calcium carbonate consuming industry, across key markets such as Europe and North America is likely to act as an impediment to growth of global ground and precipitated calcium carbonate market during the forecast period. Also, relatively slower economic growth is expected to restrain the growth of the market in the initial phase of the forecast period. Tags #Ground_Calcium_Carbonate, #Ground Calcium Carbonate (GCC), #GCC, Calcium Carbonate, Ground Calcium Carbonate Manufacturing Process, Ground/Natural Calcium Carbonate, Ground Calcium Carbonate Manufacture, Ground Calcium Carbonate (GCC) / Limestone, Calcium Carbonate (Caco3), Chemical Industry, Calcium Carbonate Processing and Production, Ground Calcium Carbonate Process Diagram, Manufacturing of Ground Calcium Carbonate, #How_to_Manufacture_Ground_Calcium_Carbonate, Calcium Carbonate Production, #Caco3_Manufacturing_Process, Manufacture of Ground Calcium Carbonate, #Calcium_Carbonate_Industry, Calcium Carbonate Plant, Calcium Carbonate Indusrial Production, (GCC) Ground Calcium Carbonate, Process of Manufacturing of Ground Calcium Carbonate, Ground Calcium Carbonate (GCC) Production, #Ground_Calcium_Carbonate_Plant, Detailed Project Report on Ground Calcium Carbonate (GCC) Production, #Project_Report_on_Ground_Calcium_Carbonate_Manufacturing_Industry, Pre-Investment Feasibility Study on Ground Calcium Carbonate (GCC) Production, #Techno_Economic_feasibility_study_on_Ground_Calcium_Carbonate_Manufacturing Industry, #Feasibility_report_on_Ground_Calcium_Carbonate_(GCC)_Production, Free Project Profile on Ground Calcium Carbonate Manufacturing Industry, Project profile on Ground Calcium Carbonate Manufacturing Industry, Download free project profile on Ground Calcium Carbonate (GCC) Production
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TMT (Thermo Mechanically Treated) Steel Bars, Angles and Pipes Manufacturing Business

TMT (Thermo Mechanically Treated) Steel Bars, Angles and Pipes Manufacturing Business. Production of Steel Products. Profitable Business Ideas in Steel Industry Thermo-mechanically treated (TMT) steel bars are manufactured using the metallurgical process which combines mechanical deformation such as compression, forging, and rolling with thermal processes such as heat treatment and quenching. In the thermal mechanical treatment process, a freshly rolled steel rod, which is at a high temperature, is rapidly cooled and its periphery, creating a hard material layer called martensite. TMT bars are one of the most widely used materials used in the construction industry. With a unique metallurgical process that combines work hardening along with heat-treatment to create robust and high strength bars from low-carbon steel, TMT bars have a great demand. Given below are the advantages and applications of these bars. TMT bars are widely used in the constructing buildings and other concrete structures. These bars are used to reinforce the concrete. Concrete has good compressive strength but poor tensile strength. This is why TMT bars are required for additional reinforcement. TMT bars forms a strong bond with the concrete. Also, it has thermal capability which makes the TMT bars resistant to fire accidents. Application of TMT bars TMT bars find their application in many avenues. They are used for constructing: • Bridges • Dams • High-rise apartments • Industrial structures • Flyovers Advantages of using TMT Bars in construction: • TMT Bars are environment friendly as they can be recycled and reused without any loss of quality. • TMT Bars are incredibly flexible, TMT bars can be created into required steel frames. • TMT Bars can withstand fires and earthquakes. • TMT Bars are easy to transport due to their lightweight built. • TMT Bars can increase the pace of the construction process • TMT Bars, with the superior malleability, ductility, strength, and their better weld ability. Steel Angles are the most basic type of roll-formed steel. They are formed by bending a single angle in a piece of steel. Angle Steel is ‘L’ shaped; the most common type of Steel Angles are at a 90 degree angle. The legs of the “L” can be equal or unequal in length. Steel angles are used for various purposes in a number of industries. Framing is one of the most common uses for steel angles, but steel angles are also used for brackets, trim, reinforcements, and many other uses. The larger the steel angle, the more weight and stress it can bear. These brass angels are used for manufacturing architectural and decorative items. Steel angle is widely used in construction and engineering sectors where greater strength and superior corrosion resistance is required. Features: • Broadloom finish • High tensile strength • Simple installation • Dimensional accuracy • Reliability Application Areas: • Architectural Applications • Construction Industries • Multi-storied building • Fastening industry • Overhead cranes. • Fabrication • Bridges Steel pipes are long, hollow tubes that are used for a variety of purposes. They are produced by two distinct methods which result in either a welded or seamless pipe. In both methods, raw steel is first cast into a more workable starting form. It is then made into a pipe by stretching the steel out into a seamless tube or forcing the edges together and sealing them with a weld. Uses of Steel Pipe Steel pipes are extremely versatile. That’s why they’re commonly used in many industries, from gas to sewage. They also come in a variety of types and sizes, and they can easily be customized to fit the needs of a particular project, adding even more to its versatility. Truth be told, it’s near impossible to find an industry that does not use steel pipe in some capacity. • Steel Water Pipes Steel has been used as a most durable product which will goes with the time hand by hand. Steel Water pipes used everywhere in housing societies, offices etc. Steel Water pipes, sometimes referred to as domestic pipes and are most commonly used in building and construction. • Medical Steel pipes are so popular in the medical field that they have used them for everything, including supporting fractured bones, medical machinery, surgical tools and dental procedures and even in pharmaceutical. Steel’s varied application is a testament to its durability, safety, and versatility. • Construction This is one of the most obvious uses of steel pipes. They are the go-to for many construction companies because they’re malleable and sturdy, at the same time. Steel pipes are used as construction piling, to support the weight of heavy buildings when the soil is too weak. It’s also used on the building itself and even its architectural design. Steel pipes are also used to construct ships, the ship yard where they’re kept, oil refineries and even space stations. Whether the construction is on land, over the water, or in space, steel pipes are a quality choice. • Industrial Steel Pipes & Tubes Steel pipes are also used in industries like in construction and energy. Industrial steel pipes can be used at any height, it is easy to maintain and also reliable. Steel Pipe Applications • Textile Machinery • Chemicals • Fertilizers • Dairy and Food Processing • Power Plants • Pesticides • Construction • Modern Architecture • Pharmaceuticals • Sugar • Oil and Gas Processing • Water treatment facilities • Desalination • Synthetic Fibers • Pulp and Paper • Breweries • Ship Building • Refinery & Petrochemicals • Energy industries Market Outlook The steel industry is one of the most important aspects of the economy for a number of developed and developing countries. Burgeoning economies such as India have a high consumption of steel as it the backbone of infrastructure. Therefore, the demand for steel has never been higher. The growth in the TMT bars market segment has come as a shot in the arm of the iron and steel industry. The iron and steel industry has been witnessing sustained growth in the recent past. Increase in demand for low cost reinforcement bars in construction projects such as dams and bridges drives the global thermo-mechanically treated (TMT) steel bars market. Rise in government support for the production of steel and coal propels the thermo-mechanically treated (TMT) steel bars market. Thermo-mechanically treated (TMT) steel bars are preferred over torsional bars, as these have high strength and ductility. This is a key factor boosting the demand for global thermo-mechanically treated (TMT) steel bars market. However, technical constraints such as the properties such as ductility and strength associated with high-grade thermo-mechanically treated (TMT) steel bars are anticipated to hamper the global thermo-mechanically treated (TMT) steel bars market. Based on dimension, the global thermo-mechanically treated (TMT) steel bars market can be segmented into 12mm, 68mm, 812mm, and others. The selection of dimensions of the steel bar depends on its use. Thermo-mechanically treated (TMT) steel bars are used in construction of the foundation, which bears the load of the building, beams, and slabs. Thermo-mechanically treated (TMT) steel bars help withstand natural calamities such as windstorms and earthquakes. The sale of construction materials including TMT bars are estimated to grow at a Compounded Annual Growth Rate (CAGR) of 6.18% in terms of volume. Currently, the size of the Indian construction industry is USD 2.8 billion. Recently the government has announced an early completion of 10 million rural houses by the end of 2018, ahead of 2018 deadline and 11.8 million urban houses by 2020 instead or 2022 deadline under the “Housing for All” initiative. This will require huge amount of TMT bars and we expect multifold growth in demand in the coming years. Key players operating in the global thermo-mechanically treated (TMT) steel bars market include Arcelor Mittal Zenica, Balkan Steel Engineering Ltd., Essar Steel, HBIS Group, HUS Ltd., Metalopromet d. o. o. Kula, MMD, SIDERAL S.H.P.K., SIJ Group, and TATA Steel. Global Steel Pipes market is expected to grow at a compound annual growth rate of 3.6% during the forecast period 2017-2024. Further, the global market is anticipated to reach 79.9 Million metric tons by the end of forecast period. Growing construction activities across the world and development of oil & gas industries are some major factors which are projected to foster the growth of global market of steel pipes. The global steel pipe market is expected to grow during the upcoming years owing to the features of steel such as reliability and durability. The wide range of usability of the steel pipe has increased demand of steel pipe in the market. The growing demand of replacing ageing pipes with the steel pipes boost the global demand of steel pipes. The increased demand of steel pipes is another factor propelling growth of the global steel pipe market. Moreover, steel pipes are ideal to carrying flammable gas owing to their non-reactive property. Global steel pipe market can be segmented into the five key regions, namely, North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. Among them, Asia Pacific is expected to hold the largest market share in the global steel pipes market. This is due to increasing constructional activities and developing oil and gas industries in the region. These are some of important factors which may allow Asia Pacific to continue its dominance in the upcoming years. Some of the dominant players in the global steel pipe market are ArcelorMittal, Nippon Steel & Sumitomo Metal Corporation, Hebei Iron & Steel Group, Baosteel, and Wuhan Iron & Steel Group. These players are increasing their product portfolio so as to stay ahead of each other and increase their shares in the global steel pipe market.
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