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

Food and Agro Processing: Project Opportunities in Punjab

PROFILE:

Food processing involves any type of value addition to agricultural or horticultural produce and also includes processes such as grading, sorting and packaging which enhance shelf life of food products. The food processing industry provides vital linkages and synergies between industry and agriculture. The Food Processing Industry sector in India is one of the largest in terms of production, consumption, export and growth prospects. The government has accorded it a high priority, with a number of fiscal reliefs and incentives, to encourage commercialization and value addition to agricultural produce, for minimizing pre/post harvest wastage, generating employment and export growth. India's food processing sector covers a wide range of products 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:

Punjab is a land of boundless opportunity for agro based industry. Punjab State with only 1.5 per cent geographical area of country produces 22 per cent of wheat; 12 per cent of rice and 12 per cent of cotton in the country. Priority is also being given to sugarcane, oil seeds, horticulture and forestry. The cropping intensity of the State is more than 186% and has earned it a name of food basket and granary of India. Despite rising commodity prices and the financial meltdown, the food processing industry in Punjab is bullish on growth and has lined up new launches. Fruits and vegetables which is grown in Punjab are orange, mango, grape, pear, peach, litchi, lemon, tomato, potato, cabbage, cauliflower, brinjal, and many more. National Productivity Council of India after a survey found that in Punjab availability of crop residue is of the order of 31.5 million tons. The major crop residues are rice straw, wheat straw and cotton stalk. In addition to that industrial residue/by product such as rice husk and bagasse is also available. Approximately 2 million tons of these two products are generated every year.

GOVERNMENT POLICIES:

The Ministry of Food Processing Industries (MOFPI) is a ministry of the Government of India is responsible for formulation and administration of the rules and regulations and laws relating to food processing in India. The ministry was set up in the year 1988, with a view to develop a strong and vibrant food processing industry, to create increased employment in rural sector and enable farmers to reap the benefits of modern technology and to create a of surplus for exports and stimulating demand for processed food.

•        Custom duty rates have been substantially reduced on food processing plant and equipments, as well as on raw materials and intermediates, especially for export production.

•        Wide-ranging fiscal policy changes have been introduced progressively in food processing sector. Excise and Import duty rates have been reduced substantially. Many processed food items are totally exempt from excise duty.

•        Corporate taxes have been reduced and there is a shift towards market related interest rates. There are tax incentives for new manufacturing units for certain years, except for industries like beer, wine, aerated water using flavouring concentrates, confectionery, chocolates etc.

•        Indian currency, rupee, is now fully convertible on current account and convertibility on capital account with unified exchange rate mechanism is foreseen in coming years.

•        Repatriation of profits is freely permitted in many industries except for some, where there is an additional requirement of balancing the dividend payments through export earnings.

 

Automotives: Project Opportunities in Punjab

 

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 sixth largest in the world, with an annual production of more than 3.7 million units in 2010. As of 2010, India is home to 40 million passenger vehicles. More than 3.7 million automotive vehicles were produced in India in 2010 (an increase of 33.9%), making the country the second fastest growing automobile market in the world.

RESOURCES:

The auto-components industry of India is likely to grow rapidly, given its global competitiveness, and this has strong implications for employment and income generation in Punjab. Punjab has an automotive component industry which caters largely to the lower value replacement market. This is partly the result of no significant automotive producer having set up manufacturing base in the state since the economic reforms were launched in India in 1991. The state government must adopt an imaginative plan to attract modern automotive components manufacturers to set up capacity in the state, while at the same time seeking large scale investments in the automotive sector.

GOVERNMENT POLICIES:

·          The auto-components industry of India is likely to grow rapidly, given its global competitiveness, and this has strong implications for employment and income generation in Punjab. Punjab has an automotive component industry which caters largely to the lower value replacement market. This is partly the result of no significant automotive producer having set up manufacturing base in the state since the economic reforms were launched in India in 1991. The state government must adopt an imaginative plan to attract modern automotive components manufacturers to set up capacity in the state, while at the same time seeking large scale investments in the automotive sector.

 

Dairy: Project Opportunities in Punjab

PROFILE:

India is the world's highest milk producer and all set to become the world's largest food factory. Milk production alone involves more than 70 million producers, each raising one or two cows/ buffaloes primarily for milk production. The domesticated water buffalo is one of the gentlest of all farm animals; hence it can be breeded easily. The dairy sector offers a good opportunity to entrepreneurs in India.

RESOURCES:

The primary source of milk and other dairy products in Punjab is the buffalo. The state ranks at the top in the country in the availability of milk after Haryana and Gujarat. Punjab plans 100 dairies to promote dairy farming. In an effort to promote dairy farming in the state, the Government of Punjab is planning to open 100 commercial dairies to increase milk production, thus paving the way for White Revolution.

GOVERNMENT POLICIES:

•        Liberalisation of the economy – dairy sector open for investment by private and foreign players

•        Abolition of the Quantitative

•        Restrictions on import of dairy products

•        Per capita consumption of milk products below international average – scope of increasing consumption

•        Amendment of the Milk and Milk Products Order (MMPO) – no restrictions on capacity installation and expansion

•        Amendment in Cold Storage Act (No licenses needed for establishing refrigerated and cold chain units for dairy products)

 

Biotechnology: Project Opportunities in Punjab

 

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. As per the eight annual survey by the Association of Biotechnology-led enterprise (ABLE) and a monthly journal, Bio-Spectrum, the sector grew threefold in five years and reported a revenue of US$ 3 billion during 2009-2011 with a 17 per cent rise as compared to the previous year.

RESOURCES

Punjab's strong agricultural base presents an opportunity for leveraging it to develop the biotechnology industry in the state. The Government of Punjab has taken significant initiatives to promote biotechnology related R&D in the state.

 Two centres which form the nucleus of the biotech research in the region are the Institute for Microbial Technology (IMTECH) in Chandigarh which takes up research in microbial bio-processing and the Central same. In addition, it is also supporting the Scientific and Industrial organization (CSIO) which has been developing a number of biotech based diagnostic kits.

 The state is developing a biotechnology park in the suburbs of Chandigarh to nurture commercially viable leads through companies. Its facilities will include a biotech incubator for research and development, pilot testing and other validation facilities. The park aims to attract Small and Medium Enterprises (SMEs) to the cluster and contribute to overall R&D in the sector. The Punjab State Council for Science and Technology will act as the single window agency for setting up business in the biotech park.

 

GOVERNMENT POLICIES:

The State Govt. notified its IT-BT Policy in 2003 as part of the Industrial Policy under which special incentives are being given to promote the growth of biotech industry such as:

•        Minimum floor rates of Sales Tax.

•        No restriction on movement of capital equipment. 

•        No octroi on biotech items. 

•        Availability of power at industrial (and not commercial) power tariff.

•        Exemption from Electricity Duty.

•        Uninterrupted power supply.

 

Pharmaceuticals: Project Opportunities in Punjab

PROFILES:

The Pharmaceutical industry in India is the world's third-largest in terms of volume and stands 14th in terms of value. The Indian pharmaceuticals market is expected to reach US$ 55 billion in 2020 from US$ 12.6 billion in 2009. The pharmaceutical industry in India meets around 70% of the country's demand for bulk drugs, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals and injectibles. There are about 250 large units and about 8000 Small Scale Units, which form the core of the pharmaceutical industry in India (including 5 Central Public Sector Units). These units produce the complete range of pharmaceutical formulations, i.e., medicines ready for consumption by patients and about 350 bulk drugs, i.e., chemicals having therapeutic value and used for production of pharmaceutical formulations.

 

RESOURCES:

Punjab has one of the largest Indian pharmaceutical companies domiciled in the state and has several other companies engaged in the business. There are several colleges for training skilled manpower required for the pharmaceutical industry. The state government must focus on enlarging the pharmaceutical and personal hygiene industrial product space in Punjab.

 

GOVERNMENT POLICIES:

•        Industrial licensing for the manufacture of all drugs and pharmaceuticals has been abolished except for bulk drugs produced by the use of recombinant DNA technology, bulk drugs requiring in-vivo use of nucleic acids, and specific cell/tissue targeted formulations.

•        Reservation of 5 drugs for manufacture by the public sector only was abolished in Feb. 1999, thus opening them up for manufacture by the private sector also.

•        Foreign investment through automatic route was raised from 51% to 74% in March, 2000 and the same has been raised to 100%.

•        Automatic approval for Foreign Technology Agreements is being given in the case of all bulk drugs, their intermediates and formulations except those produced by the use of recombinant DNA technology, for which the procedure prescribed by the Government would be followed.

•        Drugs and pharmaceuticals manufacturing units in the public sector are being allowed to face competition including competition from imports. Wherever possible, these units are being privatized.

•        Extending the facility of weighted deductions of 150% of the expenditure on in-house research and development to cover as eligible expenditure, the expenditure on filing patents, obtaining regulatory approvals and clinical trials besides R&D in biotechnology.

•        Introduction of the Patents (Second Amendment) bill in the Parliament. It, inter-alia, provides for the extension in the life of a patent to 20 years.

 

Textiles: Project Opportunities in Punjab

PROFILES:

India Textile Industry is one of the leading textile industries in the world. India textile industry largely depends upon the textile manufacturing and export. It also plays a major role in the economy of the country. India earns about 27% of its total foreign exchange through textile exports. Further, the textile industry of India also contributes nearly 14% of the total industrial production of the country. It also contributes around 3% to the GDP of the country. India textile industry is also the largest in the country in terms of employment generation. It not only generates jobs in its own industry, but also opens up scopes for the other ancillary sectors. India textile industry currently generates employment to more than 35 million people.

RESOURCES:

Punjab is a major grower of cotton and has a long established industry of cotton spinning and weaving. The Textile Industry is also one of the largest provider of employment and accounts of almost 60% of industrial employment in the State of Punjab. It has been noted that even with high level of mechanisation, the chances of machine replacing human are minimum in the sector due to essential skill requirement. The textiles industry of Punjab already has wool and acrylic fibre base.  To sustain the thrust on textiles, some balance with manmade and blended fibre products will have to be maintained to cater to an expanding market for manmade and blended textiles. It provides employment opportunity to semi literates and lower section of the society where the incident of unemployment is most glaring. Most importantly the Textile Sector is one of the biggest employment providing sectors to women. Hence any boost to Textile Industry will definitely provide and offer opportunity of large number of employment to the youths in the State of Punjab.

GOVERNMENT POLICIES:

The Ministry of Textiles in India has formulated numerous policies and schemes for the development of the textile industry in India. The government of India has been following a policy of promoting and encouraging the handloom sector through a number of programmes. Most of the schematic interventions of the government of India in the ninth and tenth plan period have been through the state agencies and co-operative societies in the handloom industries. Some of the major acts relating to textile industry include: Central Silk Board Act, 1948, The Textiles Committee Act, 1963, The Handlooms Act, 1985, Cotton Control Order, 1986, The Textile Undertakings Act, 1995 Government of India is earnestly trying to provide all the relevant facilities for the textile industry to utilize its full potential and achieve the target. The textile industry is presently experiencing an average annual growth rate of 9-10% and is expected to grow at a rate of 16% in value, which will eventually reach the target of US $ 115 billion by 2012. The clothing and apparel sector are expected to grow at a rate of 21 %t in value terms.

Tourism: Project Opportunities in Punjab

PROFILE:

Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Punjab, the land of five rivers and yellow fields, is a favourite tourist destination. It has an integrated cultural history consisting of ancient monuments, religious places, museums and royal palaces like Quila Mubarak. It also has wild life sanctuaries with a rare site of migratory birds. The major places of tourist interest are:- Golden Temple, Durgiana Mandir, Jallianwala bagh in Amritsar; Takhat Sri Kesgarh Sahib and Khalsa Heritage Complex at Anandpur Sahib; Bhakra Dam, Qila Androon and Moti Bagh Palace at Patiala; Wetland at Harike Pattan Sanghol for archaeological importance and Sodal Temple at Jalandhar commemorative Maharishi Balmiki Heritage, etc.

        Tourism in the State is a source of substantial revenues; employment generation; up gradation of human skills; creation of infrastructure, thus helping in the development of all other sectors of an economy. Since tourism is a composite sector, its growth requires participation of private investors at different levels. For this purpose, the State Government has also announced a tourism policy with the aim of developing tourism as a major industry of Punjab, by providing leadership and strategic direction.

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the Policy attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and feel India from within.

 

Waste management and recycling: Project Opportunities in Punjab

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

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:

In Punjab, growth of population, industrialization and urbanization has resulted in generation of large volumes of solid waste. The total amount of collected solid waste from the districts includes 1108012.25 MT of municipal waste and 6695.57 MT of bio-medical waste (PPCB as cited in Statistical Abstract of Punjab, 2007). The factors contributing to the generation of solid waste are:

•      The state has registered 45% increase in its population during the last decades.

•      The state is the 7th most urbanized state in the country with urban population increasing to 33.95% against a national average of 27.8%.

•      The state has two (Ludhiana & Amritsar) cities with more than 1 million population.

•        The state supports a large number of floating populations from other states like Bihar, Uttar Pradesh, Rajasthan and Andhra Pradesh.

•      Most of the solid waste is presently disposed of on land and remains uncovered resulting in environmental pollution of surrounding area.

•        The change in life style towards consumes and discard culture is responsible for adding to municipal solid waste and changing waste composition. It also adds pressure on the existing municipal solid waste handling infrastructure, as well as, disposal sites.

 

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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Production of Acetaldoxime or Acetaldehyde Oxime

Production of Acetaldoxime or Acetaldehyde Oxime. Exploring Business Opportunity in Chemical Industry. Acetaldehyde Oxime is prepared by oximating acetaldehyde with an aqueous hydroxylamine-containing solution to form an aqueous oximation reaction mixture which includes a salt and recovering acetaldehyde Oxime from the aqueous oximation reaction mixture by distilling a mixture of acetaldehyde Oxime and water directly from the aqueous oximation reaction mixture. The existence of an azeotrope between water and acetaldehyde Oxime enables all the acetaldehyde Oxime to distill out of the aqueous oximation reaction mixture without large amounts of excess water being distilled, which could undesirably concentrate acetaldehyde Oxime in the bottoms of the distillation, leading to product decomposition or side reaction. The recovered mixture containing acetaldehyde Oxime and water and lites including acetaldehyde and ammonia is then purified by a second or lights distillation to remove the lights including acetaldehyde and water and produce a product mixture of acetaldehyde Oxime and water relatively free of lights. This product mixture may then be diluted and reacted with Cl2. Oxime are chemical compounds having the general formula >C=NOH. They belong to the imine family. Oxime are generated by the condensation of an aldehyde or a ketone with hydroxylamine. During condensation aldehydes produce aldoxime similarly ketones produce ketoxime. Oxime exist as colorless crystals and are poorly soluble in water. Oxime can be hydrolyzed in the presence of various inorganic acids, and they decompose into the corresponding ketones or aldehydes, and hydroxylamines. The reduction of Oxime compounds produces the corresponding amine compounds. Uses and Applications Acetaldoxime is used as an oxygen scavenger in boiler water. It is also used as an intermediate in chemical synthesis and pharmaceuticals. It is involved in the rearrangement reaction to prepare acetamide by using nickel acetate as a catalyst. It acts as a precursor to prepare heterocyclic compound such as spiroisoxazoline. Further, it is used to prepare alkylated (Z)-Oxime by deprotonating followed by reaction with benzyl bromide. Acetaldehyde Oxime (AAO) is an essential raw material used in the production of pesticides that are used to protect crops from insect and fungus infestation. AAO is also used in small quantities in the production of certain types of coatings. Pesticide intermediate, synthesis of pesticides Methomyl, Thiodicarb, etc.; organic synthesis intermediate. When melted, excellent solvent for many inorganic and organic compounds, organic synthesis, stabilizer, plasticizer, alcohol denaturant. Creation of acrylamide through the aldehyde Oxime one-pot method. With the presence of catalyst InCl3, acetaldehyde Oxime replaces water and reacts with nitrile water to create acrylamide at a high yield Application Insights The global acetaldehyde market by application has been segmented into chemicals, plastics & synthetic rubber, food & beverages, paints & coatings, pharmaceutical & cosmetics, paper & pulp, and others. The acetaldehyde market for the paints & coatings application is projected to grow at the fastest pace over the forecast period. Acetaldehyde is used as a binder in paints and coating substances for the modification of gloss and rheology. It is used as a raw material for the manufacturing of pentaerythritol, which is used in the synthesis of Alkyd resins, fatty acid resin, and tall oil esters; it is also used as intumescents in flame retardant paints. It is used in wooden varnished, laminate, linoleum, and cork/pine flooring. The chemical also finds applications in plastic water-based and matt emulsion paints used for wood ceilings, and wooden, particle-board, plywood, pinewood, and chipboard furniture. Therefore, the elevating use of acetaldehyde in the paints and coating application is projected to boost the demand Rising demand in array of applications is expected to boost the demand for acetaldehyde Acetaldehyde is used in a wide range of industrial applications; it is the most commonly used raw material in the organic chemical industry. As a raw material, it is used in the manufacturing of paint binders, plasticizers, and super absorbents that are used in baby nappies. It is also used in the manufacture of various types of building materials, synthetic lubricants, fire protection paints, and explosives. In the pharmaceutical industry, it is used in the production of vitamins, sleeping aids, and sedatives. It is also often used as an intermediate in the chemical synthesis of acetic acid. Moreover, acetaldehyde chemical is infused in various types of perfumes and can further be used in decorative cosmetics, fragrances, shampoos, soaps, and oral care products as well as in household cleaners and detergents. Market Outlook The global acetaldehyde market is accounted to US$ 1,329.4 MN in 2018 and is expected to grow at a CAGR of 6.7% during the forecast period 2019 – 2027, to account to US$ 2,367.0 MN by 2027. The global acetaldehyde market has been segmented into pyridine and pyridine bases, pentaerythritol, acetic acid, and others. Under the derivative segment, the pyridine and pyridine bases segment led the global acetaldehyde market. The pyridines and pentaerythritol derivatives are gaining popularity over the past few years. Pyridine is widely used in the production of food additives and agrochemicals such as herbicides, pesticides, and insecticides. Pyridine is used as a raw material in ethylene diacetate, which is further used in vinyl acetate production. It is also used as a plasticizer in the plastic industry and as a paint binder in the paint industry. This growth can be attributed to the increasing demand for acetaldehyde in the water treatment application. In addition, the demand for high-quality derivatives in emerging economies is another significant factor contributing to the growth of the acetaldehyde market. Based on application, acetaldehyde finds use in a wide range of applications, such as chemicals, plastics & synthetic rubber, food & beverage, paints & coatings, pharmaceuticals & cosmetics, paper & pulp, water treatment, and others. The food & beverage segment is the largest application segment of the acetaldehyde market. The food & beverage application leads the overall acetaldehyde market, due to its use as a flavoring agent in several food products. In the food & beverage industry, acetaldehyde is used in the production of preservatives and flavorings. Furthermore, it occurs naturally in fruits and fruit juices, ripe fruits, cheese, and heated milk. Acetaldehyde arises naturally during fermentation and is found in low levels in foodstuffs such as milk products, soy products, pickled vegetables, and nonalcoholic beverages. Acetaldehyde acts as an additive in fruit and fish preservatives and flavoring agents, as well as a cross-linker in gelatin hardening. Furthermore, it is also used in producing vinegar and fruit and fish preservative. Acetaldehyde is mainly used to produce other chemicals, such as disinfectants, drugs, perfumes, explosives, lacquer and varnishes, photographic chemicals, phenolic, and urea resins, rubber accelerators and antioxidants, and room air deodorizers. Key Players:- A C I (Agro Chemical Inds.) Ltd. A V T Agrochem Ltd. Agro Chem Punjab Ltd. Ajay Bio-Tech (India) Ltd. Essem Catalyst Ltd. Evonik Catalysts India Pvt. Ltd. Gharda Chemicals Ltd. Celanese (US) Eastman (US) Merck KGaA (Germany) Sumitomo (Japan) Sekab (Sweden) Showa Denko (Japan) Jubilant Life Sciences (India) Lonza (Switzerland) LCY Chemical (Taiwan) Ashok Alco-chem (India) Tags:- #Acetaldoxime #acetaldehyde #chemicals #Oxime #DetailedProjectReport #businessconsultant #BusinessPlan #marketresearchreport #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #businessestostart #startupideas #startupbusinesswithnomoney #businessstartupindia #chemicalmanufacturing #chemicalindustry #chemicalconsultant #ManufacturingConsultant #chemicalbusiness #ChemicalGrowth #Chemicaltrends #BUSINESSOPPORTUNITIES #SmallScaleChemicalBusiness #BusinessOpportunity
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Manufacturing of Gold and Diamond Jewellery

Manufacturing of Gold and Diamond Jewellery. Opportunities for Entrepreneurs to Start Own Business of Gold and Diamond Jewellery. Jewellery or Jewellery consists of decorative things worn for personal adornment, similar to brooches, rings, necklaces, earrings, pendants, bracelets, and cufflinks. Jewellery could also be attached to the body or the clothes. From a western perspective, the term is restricted to durable ornaments, excluding flowers as an example. For many centuries metal, usually combined with gemstones, has been the normal material for Jewellery, however different materials similar to shells and other plant materials could also be used. Yellow gold is what most of the people envision after they think of gold Jewellery. Due to its colour, many of us assume that yellow gold is of a higher purity than white gold or rose gold. However, 18 carat yellow gold contains a similar amount of pure gold as 18 carat white or rose gold. The distinction in its colour comes from the very fact that this gold alloy contains silver, copper and zinc, which allows it to retain its golden colour. Yellow gold continues to be very popular round the world because it's the most hypo-allergenic and it requires {the least the smallest quantity} amount of maintenance of the three colors. For the Indian culture, jewelries plays a symbolic role. They carry ethnic and spiritual meanings, especially during weddings. The pieces of jewelries worn by the bride signifies that she is to become a part of her husband’s family unit. They’re a part of the purification ritual as she becomes a part of the extended family of her bridegroom. Indians give importance to the nuances of bridal jewelries. The heavier the nuances of those jewelries are the larger role they play within the legacy of the family and also the Jewellery itself. So before giving the jewelries to the bride, the family usually makes sure that they're significant with a lot of distinct designs. Methods of Manufacturing Jewellery There are four manufacturing methods, almost all the Jewellery is made with the combination of various methods:- 1. HAND FABRICATION In a hand-fabricated item, every element is formed, assembled, joined and finished manually or using hand tools. The quality of a hand-fabricated piece depends on the skills of the craftsman. It is useful for projects that involve combining multiple gems from old mounting. 2. LOST-WAX CASTING Also known as Investment Casing, this method is used for mass production as well as to make one-of-a-kind pieces. This type of manufacturing involves use of wax moulds to make silica shells in which metal is poured and allowed to harden. It is named so, since wax used for casting a mould is lost in the process. 3. DIE STRIKING The process starts with the manufacture of a steel pattern called a die, specially fashioned to create a particular Jewellery item or component. A die-striking machine cuts out blanks of the size and shape needed for the Jewellery to be made. The metal blanks, gold, silver etc. are struck between two dies, which forces the metal to enter each crevice in the die. It is often used to achieve styles that are strong and lightweight. It allows die-struck Jewellery to be thin and lightweight without sacrificing durability. Die struck items need less finishing than cast and hand-fabricated stuff. 4. ELECTROFORMING In this, wax copies are created and then coated with a thin, electrically charged layer of metal. The copies are then submerged in an electrically charged liquid that contains precious metal particles. These particles stick to the wax copies in layers. The wax melts out through a small hole in the rigid precious metal shell. This creates hollow Jewellery that’s surprisingly big, bold, lightweight, durable and comfortable. Gold Rules in India The preference on Indian customers for usual low-margin gold Jewellery products is based on long entrenched cultural drivers. That is no longer about in conformity with change. Gold forms a bond of affection from generation after generation. It has been central to the celebration over marriage in India because a very long time. Gold between India is also universally valued a store about wealth. That is the ignoble major driver of demand. Gold Jewellery products provide a tangible way to preserve wealth while at the identical time serving the cultural function of providing decoration and displaying wealth. Indian consumers will usually flavour gold above other Jewellery materials because of its dual role. Nevertheless, growing purchasing power gives them the opportunity according to buy complementary Jewellery such as much platinum Jewellery or diamond Jewellery. Overall, community in India is modernizing and becoming less traditional. Consumers have shown a willingness to amplify usual demand because gold Jewellery including purchases of Jewellery made from other precious materials kind of diamonds then platinum. At steady gold prices, demand because such products will grow faster than make a bid because of gold Jewellery products actually due to the fact such is still into the nascent stage Government Initiatives The Government of India made hallmarking mandatory for Gold Jewellery and Artefacts. A period of one year is provided for implementation i.e. till January 2021. As per Union Budget 2019-20, the GST rate has been reduced from 18 per cent to 5 per cent (*5 per cent without Input Tax Credit (ITC)) for services by way of job work in relation to gems and Jewellery, leather goods, textiles etc. The Bureau of Indian Standards (BIS) has revised the standard on gold hallmarking in India from January 2018. The gold Jewellery hallmark will now carry a BIS mark, purity in carat and fitness as well as the unit’s identification and the jeweler’s identification mark. The move is aimed at ensuring a quality check on gold Jewellery. The Gems and Jewellery Export Promotion Council (GJEPC) signed a Memorandum of Understanding (MoU) with Maharashtra Industrial Development Corporation (MIDC) to build India’s largest Jewellery Park in at Ghansoli in Navi-Mumbai on a 25 acres land with about more than 5000 Jewellery units of various sizes ranging from 500-10,000 square feet. The overall investment of Rs 13,500 crore (US$ 2.09 billion). Gold Monetization Scheme enables individuals, trusts and mutual funds to deposit gold with banks and earn interest on the same in return. Investments/Developments The Gems and Jewellery sector is witnessing changes in consumer preferences due to adoption of western lifestyle. Consumers are demanding new designs and varieties in Jewellery, and branded jewelers are able to fulfil their changing demands better than the local unorganized players. Moreover, increase in per capita income has led to an increase in sales of Jewellery, as Jewellery is a status symbol in India. The cumulative Foreign Direct Investment (FDI) inflows in diamond and gold ornaments in the period April 2000 – December 2019 were US$ 1.17 billion, according to Department for Promotion of Industry and Internal Trade (DPIIT). Some of the key investments in this industry are listed below: Deals worth Rs 8,000 crore (US$ 1.19 billion) were made at the Indian International Jewellery Show held in August 2018. Consumption of Jewellery in India will get Stronger India is back to being number one in gold Jewellery consumption by volume, still number one in diamond Jewellery consumption by volume and number four in platinum Jewellery consumption. The country can remain the most important marketplace for precious Jewellery in terms of potential for many years to come back. However, what's less clear is that the anticipated level of income growth. As an instance, many of us believe India is that the next China in terms of economic growth potential. At Equity Communications, view is that such beliefs are most optimistic based on understanding of India's structural deficiencies and business culture problems. Thinking is that india can stumble on at four to 7 percent annual gdp rate of growth - however still good enough to move a large number of Indians out of poverty. Like each different category, Jewellery also saw a tremendous growth this year. There was ne'er a much better time to enter into this market. The audience is ready, the backend process is set up, logistic chains are established, and most importantly customers trust is established. In addition to the current, new millennial generation buys Jewellery differently. They’re not progressing to family jewelers anymore; most of them are placed far away from home and would trust a worldwide online brand more than an offline store in their current city. Related Projects: - Project Reports & Profiles The growth potential is phenomenal in current scenario. Next few years will definitely see hockey stick growth in Jewellery category. Currently imitation leads this race, closely followed by precious. In current scenario also imitation has already captured 3% of overall market and growing with CAGR of 32%. Market Outlook The demand of Gold Jewellery demand in India has been subdued within the last 5 years ending FY19, affected by series of regulatory measures aimed at purging black money and formalizing the business and fall in investment demand given its lower returns compared to different quality categories. Demand for gems and Jewellery in India is predominantly concentrated within the southern region. South India gems and Jewellery market is probably going to register growth over the course of next 5 years, primarily because of the presence of a large range of market players and aggressive marketing strategies adopted by companies. Moreover, increasing brand consciousness along with rising middle class population in the region is expected to aid the region’s gems & Jewellery market. India’s Jewellery and gem sector is among the fastest growing industries of the country, with the speed of growth recorded at approximately 15%. The most reason for the growth of the Jewellery business is attributed to domestic consumption during the festive seasons, wedding season, the monsoons and therefore the performance of the harvest. For instance, a firm that produces gold Jewellery might agree to sell the metal to customers as they physically purchase gold. Say if a jeweller needs 200 ounces of gold to produce 1000 gold rings. The production process might consume two weeks of his / her time, and within the same period, the consumer might not be willing to deal with the price risk. In this case, the jeweller might value more highly to sell a gold contract (200 ounces) on one in every of the gold exchanges and purchase physical gold at the same time for production purposes. Increasing disposable income and innovative Jewellery designs offered by manufacturers are anticipated to drive the demand for jewelry. Moreover, changing lifestyle and perception of Jewellery as a standing symbol is expected to boost the growth of this market. To boot, growing acceptance of Jewellery among men is another factor propelling market growth. Products similar to cufflinks, plain gold chains, cufflinks, tie bar, cartography necklaces, and signet rings are few of the products common among men. Gold is that the most popular metal used for making Jewellery across the globe. It held the most important market share and was valued at USD 117.1 billion because of increase in exports and imports of gold. Increasing of developing countries like India and China is one in all the most important reasons for the growth of gold Jewellery. Moreover, engagement and wedding diamond rings are quite common in most of the developed countries. In addition, availability of synthetic or laboratory-grown diamonds is propelling the growth of the diamond Jewellery segment. Synthetic diamonds are as real as natural diamonds as they need a similar internal structure. However, these diamonds are 20%-40% less expensive as compared to natural diamonds. Based on its potential for growth and value addition, the government of India has declared the Gems and Jewellery sector as a focus area for export promotion. The government has recently undertaken various measures to market investments and to upgrade technology and skills to promote ‘Brand India’ within the international market. Diamond-studded rings are gaining traction because of increase in demand for diamond Jewellery. Additionally, platinum love rings are becoming popular and are worn by many couples as a symbol of love. Moreover, many Brazilian styles involve rings with various colorful gems mounted on them. Rising customer inclination towards studded Jewellery could be a key factor boosting the segment growth. India is that the world’s largest cutting and polishing centre for diamonds, with the cutting and polishing business being well supported by government policies. Moreover, India exports 75 per cent of the world’s polished diamonds, as per statistics from the Gems and Jewellery Export promotion Council (GJEPC). India's Gems and Jewellery sector has been contributing during a big way to the country's exchange earnings (FEEs). The government of India has viewed the sector as a thrust area for export promotion. The Indian government presently permits 100 per cent Foreign Direct Investment (FDI) within the sector through the automatic route. The world employs over 4.64 million employees and is expected to use 8.23 million. Related Books: - BOOKS & DATABASES The diamond jewelry market was valued at about 82 billion U.S. dollars worldwide. Silver and platinum are two other commonly used jewelry materials, though platinum jewelry has seen a decrease in popularity over the last several years. Dollar strength is the major factor behind the rise in the prices of gold and silver. When dollar weakens, investors from around the world begin to sell the currency and buy gold in exchange for security purposes. Owing to this factor, the demand for gold increases which results in increase in the price of gold. This factor poses to be a huge restraint in the jewelry manufacturing market. In addition, poor economic condition is another factor acting as a hindrance to the global jewelry manufacturing market. Weak economic conditions force the investors to put their money on gold, due to which the price for gold goes up. Jewelry includes ornaments that are worn for personal adornment. Jewelries are made of gold, diamond, and other precious metals such as platinum, silver, and gems. Jewelries play an important role in the lifestyle of Indian people and they associate jewelries with a number of reasons such as status, long-term investment, and hedge against inflation. The Gems and Jewellery sector plays a significant role in the Indian economy, contributing around 7 per cent of the country’s GDP and 15 per cent to India’s total merchandise exports. It also employs over 4.64 million workers and is expected to employ 8.23 million by 2022. One of the fastest growing sectors, it is extremely export oriented and labour intensive. Based on its potential for growth and value addition, the Government of India has declared the Gems and Jewellery sector as a focus area for export promotion. The Government has recently undertaken various measures to promote investments and to upgrade technology and skills to promote Brand India in the international market. Key Players A B Jewels Pvt. Ltd. A V R Swarnamahal Jewelry Pvt. Ltd Bhagyam Gem & Jewellery Pvt. Ltd. Damara Gold Pvt. Ltd. Colibri Group Billig Jewelers Swarovski Group Senco Gold Ltd Shangold India Ltd. Shri Coimbatore Jewellers India Pvt. Ltd. Kalyan Jewellers India Private Limited PC Jewellers Limited Gitanjali Gems Limited Malabar Gold Private Limited Tags:- #goldjewellery #jewellery #90sjewellery #goldjewellerybusiness #jewelleryindustry #goldjewelleryindustry #goldjewellerymarket #Indianjewelleryindustry #goldbusinesses #Indiasjewellerytrade #GoldTrade #Jewelry #DetailedProjectReport #businessconsultant #BusinessPlan #marketresearchreport #feasibilityReport #NPCS #startupideas #startupbusinessideas #businessestostart #entrepreneurindia #startupbusiness #businessstartupindia
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Aluminium Foil (Food Packaging and Pharmaceuticals Foils)

Aluminium plays a major role in the modern world through its innumerable forms of applications- from kitchenware to electric conductors and from railway wagon to Appollo spacecraft. Because of its intrinsic and versatile properties of lightness, strength to weight ratio, corrosion resistance, electrical and thermal conductivity, non toxicity etc., a wide range of uses has opened up for this metal. As a result, it has captured the market at the expense of older materials- copper, lead, zinc and steel among metals and glass, wood and paper among no metals. In fact, next only to steel, aluminium is the most widely used metal in the world today. Aluminium as a packaging material is unmatched owing to its lightweight, hygienic and non-contamination which eventually results in longer shelf-life of end products. The user of foil always wishes to get the largest area where his money and foil is used in packaging as thin as 0?008 mm, when it has a covering area of 32,300 square inches to the pound. When the metal is as thin as this it is not only physically weak but will contain minute perforations very thin foil is a less efficient barrier than is thicker foil free from perforations. The global aluminium foil packaging market size will reach $46.19bn by 2025, with a revenue-based compound annual growth rate (CAGR) of 4.0% over the forecast period, the industry’s growth to the increasing demand for packaging in the food and beverage and pharmaceutical industries. Tobacco, cosmetic, and electronic industries are also set to create growth opportunities for the aluminium market. Aluminium is a recyclable material that can be found in abundance and aluminium foil is strong, lightweight, portable, flexible, and mouldable. Aluminium foil is used in the pharmaceutical industry to package various types of medicine because it offers protection from moisture and sunlight. The increased need for aluminium in the industry comes as a result of increased demand for drug delivery devices and blister packaging. The demand for aluminium packaging to the rising demand for ready-to-eat food products in the food and beverage industry. It says: “Fast-paced lifestyle, ease of ordering through online platforms, and the ability to choose from diverse restaurants are the significant factors that have surged demand for online food delivery, which in turn, is expected to drive the market in near future.” Aluminium is used in the food and beverages industry for packaging solutions which including foil wraps, pouches, blisters, and containers. Foil wraps, in particular, are used by households to wrap food products and have witnessed a surge in demand due to the growing food delivery services in growing economies such as India, China, and Brazil. In pharmaceutical end-use segment, aluminum foil is largely used for packaging drugs in the form of blisters. Pharmaceutical packaging industry also uses foil pouches to pack fluid drugs. Aluminum foil is also used in the form of caps, lids, and closures for plastic containers. Pharmaceutical end user industry segment is expected to be growing at the second fastest CAGR over the forecast period. Aluminum foil blisters are widely used in the pharmaceutical industry for packaging capsules and tablets. Factors, such as the shift toward busy lifestyles and adoption of unhealthy lifestyle have resulted into high prevalence of chronic diseases. In addition, increasing number of health campaigns by various government and non-government organizations has resulted in growth of the pharmaceutical industry boosting the demand for medicines. This factor is projected to drive the product demand in near future.
Plant capacity: Food Packaging Grade Aluminium Foil: 10.0 MT / day Pharmaceutical Grade Aluminium Foil:10.0 MT / dayPlant & machinery: 1413 lakhs
Working capital: -T.C.I: Cost of Project:Rs 2190 lakhs
Return: 28.00%Break even: 62.00%
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Synthetic Soda Ash Production from Limestone and Brine

Soda ash is the trade name for sodium carbonate, a chemical refined from the mineral trona or sodium-carbonate-bearing brines (both referred to as "natural soda ash") or manufactured from one of several chemical processes (referred to as "synthetic soda ash"). It is an essential raw material in glass, chemicals, detergents, and other important industrial products. In 1998, in terms of production, soda ash was the 11th largest inorganic chemical of all domestic inorganic and organic chemicals, excluding petrochemical feed stocks. Although soda ash represented only 2% of the total $39 billion U.S. nonfuel mineral industry, its use in many diversified products contributed substantially to the gross domestic product of the United States. Because soda ash is used in flat glass for automobile manufacture and building construction, which are important economic sectors of the domestic economy. Sodium carbonate is soluble in water, and can occur naturally in arid regions, especially in mineral deposits (evaporites) formed when seasonal lakes evaporate. Deposits of the mineral natron have been mined from dry lake bottoms in Egypt since ancient times, when natron was used in the preparation of mummies and in the early manufacture of glass. The anhydrous mineral form of sodium carbonate is quite rare and called natrite. Sodium carbonate also erupts from Ol Doinyo Lengai, Tanzania's unique volcano, and it is presumed to have erupted from other volcanoes in the past, but due to these minerals' instability at the earth's surface, are likely to be eroded. Indian Soda Ash industry, which previously depended on imports, has made forays in the overseas market also. Indian exports of soda ash increased from 2.5% of production in FY'00 to 14.9% of production in FY’05 making the trade balance positive (Trade Balance = Export – Import) with reasonable margin. However, with the removal of anti–dumping duty in 2005, the imports rose again and the trade balance became negative during FY’06. Considering 41.9 Million MT of global demand at present, the demand would increase by almost 1 to 1.5 million MT every year. Of this additional demand, around 60% would come from India, China and Middle East countries. Our outlook for world soda ash prices is stable over the medium term. However, crude oil prices are a matter of concern. Increase in crude oil prices would further increase the cost of transportation and cost push price rise may be seen. The demand for the product is widespread and constitutes of several industry groups like glass, metals, textiles, detergents & soaps. The glass industry forms the largest end user industry of dense soda ash with over half of the soda ash production being used in glass production on a global scale. Light soda ash is primarily used for aluminum cleaning, dying and water softening. Light soda ash is also used to make baking soda that finds application in the food, leather tanning, fire extinguisher, metals, chemicals and personal care products industry. This makes soda ash a critical inorganic chemical in the global manufacturing value chain. Given its widespread utilization and demand, the chemical is highly traded on a global scale.
Plant capacity: Synthetic Soda Ash:60.0 MT / day Calcium Chloride :48.0 MT/ dayPlant & machinery: 685 lakhs
Working capital: -T.C.I: Cost of Project:Rs 2093 lakhs
Return: 29.00%Break even: 57.00%
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Porcelain Insulators

An electrical insulator is a material whose internal electric charges do not flow freely, and therefore make it nearly impossible to conduct an electric current under the influence of an electric field. This contrasts with other materials, semiconductors and conductors, which conduct electric current more easily. The property that distinguishes an insulator is its resistivity; insulators have higher resistivity than semiconductors or conductors. Low-tension insulators are used for A.C. & D.C. power supplies of not more than 600 volts. Low tensions insulators are manufactured in both glazed and unglazed insulators are quite satisfactory. Insulators required for use in humid atmosphere are invariably glazed. Glazed insulators are used in lighting arrestors in radio receivers, telephone and utility outfits and neon signs. Some L.T. insulators like nail knobs, tubes & cleats are glazed on one side. Voltage above 1000 Volts is generally considered as high tension for long distance Electric power transmission; high voltage is essential because it reduces the cross/section and, therefore, the weight of the conductor required. Porcelain insulators are suitable for high tension transmission & distribution are required to be effective at high voltages and under extreme climate conditions of rain, snow, high wind of soaring heat. The global Porcelain Insulators Market has grown significantly over the past few years and is anticipated to expand at a rapid pace till 2026. This market study provides an in-depth assessment on market size and year on year growth of global Porcelain Insulators Market in terms of revenue, various levels of in-depth market segmentation, market dynamics which comprises of the demand side, supply-side and economy side drivers, market restraints, challenges and opportunities and trends which are prevailing in this market and impacting the growth of the market. Worldwide Porcelain Insulators Market highlights its existing absolute $ opportunity. Further, this market is likely to achieve considerable absolute $ opportunity by the year 2026 as compared to the value achieved in the year 2018. Growing investments toward the expansion of Transmission & Distribution (T&D) infrastructure to support the ongoing large-scale renewable power integration will propel the high voltage porcelain insulators market growth. Rising focus of utilities toward strengthening and modernization of grid networks along with introduction of ambitious renewable integration target of governments will further complement the industry landscape. Surging investments toward the refurbishment and replacement of aging electrical infrastructure across the developed economies coupled with the growing adoption of smart grid technologies will drive the porcelain insulators market growth. As per the U.S. Energy Information Administration (EIA), in 2017, major utilities across the country had invested over USD 50 billion toward expansion and strengthening of nation’s distribution networks. An electrical insulator is a material whose internal electric charges do not flow freely, and therefore make it nearly impossible to conduct an electric current under the influence of an electric field. This contrasts with other materials, semiconductors and conductors, which conduct electric current more easily. The property that distinguishes an insulator is its resistivity; insulators have higher resistivity than semiconductors or conductors Few Indian major players are as under Meister International National Switchgears ZPE ZAPEL Aditya Birla Insulators Power-grid Switchgears PPC Insulators Yigang Precision Ceramics
Plant capacity: Porcelain Insulators:500.0 MT / dayPlant & machinery: 695 lakhs
Working capital: -T.C.I: Cost of Project:Rs 2804 lakhs
Return: 29.00%Break even: 50.00%
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Solar Panel

Solar panel refers either to a photovoltaic module, a solar thermal energy panel, or to a set of solar photovoltaic (PV) modules electrically connected and mounted on a supporting structure. A PV module is a packaged, connected assembly of solar cells. Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications. Each module is rated by its DC output power under standard test conditions (STC), and typically ranges from 100 to 320 watts. The efficiency of a module determines the area of a module given the same rated output - an 8% efficient 230 watt module will have twice the area of a 16% efficient 230 watt module. There are a few solar panels available that are exceeding 19% efficiency. A single solar module can produce only a limited amount of power most installations contain multiple modules. A photovoltaic system typically includes a panel or an array of solar modules, an inverter, and sometimes a battery and/or solar tracker and interconnection wiring. India solar power products market is projected to grow at a CAGR of more than 11% to surpass $ 7.6 billion by 2024 on the back of increasingly stringent policy and regulatory framework and rising environmental concerns. The Ministry of New and Renewable Energy has set a target of 100 GW of solar power generation capacity by 2022. To achieve the target, government has taken several initiatives in the form of offering subsidies, financial assistance, incentives to manufacturers, power producers and even customers. The government has also partnered with several nodal agencies at the central and state levels for the installation of off-grid SPV systems. Subsidies are made available to the customers to encourage installation of grid connected rooftop photovoltaics. Additionally, rising per capita income and developments in the photovoltaic technologies are further anticipated to positively influence India solar power products market during forecast period. Few Indian major players are as under Alectrona Energy Pvt. Ltd Alpex Solar Pvt. Ltd. Bright Solar Ltd. Central Electronics Ltd. Devsun Solar Pvt. Ltd
Plant capacity: Solar Panel:83.3 KW / dayPlant & machinery: 162 lakhs
Working capital: -T.C.I: Cost of Project : Rs 804 lakhs
Return: 28.00%Break even: 54.00%
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Groundnut Oil Production and Refining

Groundnut is an important oilseed crop in Nigeria and one third of these seeds is processed for edible oil. Groundnut oil is the main natural edible oil consumed without additives in the middle Mediterranean region. Groundnut oil is one of the most stable vegetable oils in relation to oxidation. The oxidative stability of oils may be influenced by many factors, such as light, metal ions, oxygen, temperature, and enzymes. Groundnut oil is composed of ?80% of unsaturated fatty acids, with oleic acid comprising an average of ?50% and linoleic acid 30% of the total fatty acid composition. Groundnut oil is a vegetable oil derived from groundnuts. It is also called peanut oil. The oil has a strong peanut flavor and aroma. It is often used in American, Chinese, South Asian and Southeast Asian cuisine, both for general cooking, and in the case of roasted oil, for added flavor. Nigeria is the largest groundnut producer in Africa. This year, the production is expected to total around 3 million metric tons, making it the 3rd largest producer in the world, after China and India. During the 1960s, Nigeria was also the largest groundnut exporter in the world, but currently, most of its groundnut production is meant for domestic consumption. Prices in the Nigerian groundnut market are expected to rise this year due to increased domestic and international demand. Groundnuts in Nigeria are mainly produced in the Northern states: Adamawa, Niger, Taraba, Kaduna, Benue, and Kano. During the 1960s and 1970s, when Nigeria discovered the profitability of producing and exporting groundnuts, these states were filled with ‘groundnut pyramids.’ These pyramids were made of bags filled with groundnuts, which were waiting to be exported. Over time, Nigeria shifted its focus from agriculture to oil and the groundnut industry became less important. The groundnut pyramids disappeared. Over the recent year, however, groundnuts have once again become an interesting product for Nigerian farmers, due to the increased demand for groundnut oil and groundnut butter
Plant capacity: Groundnut Oil (1 Ltr Bottle each):20,000 Packs / day Groundnut Cake (25 Kgs each):1,140 Packs / dayPlant & machinery: 190 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1760 lakhs
Return: 35.00%Break even: 44.00%
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Gunny (Jute) Bags from Fabric

Jute is a bio-degradable eco-friendly item. Prior to nineties, jute fabric was used for making low cost carry bags and gunny bags for packing rice, paddy, sugar, dal, cement etc. With the start of Jute diversification, a large market has developed for the jute yarn, jute fabrics and other jute based products. With the market assistance of JMDC and NCJD a large production base of small and cottage sector units have come up with a wide variety of products and are sold through exhibitions organized by different agencies. The Jute industry occupies an important place in the national economy of India. It is one of the major industries in the eastern region, particularly in West Bengal. Jute, the golden fibre, meets all the standards for ‘safe’ packaging in view of being a natural, renewable, biodegradable and eco-friendly product. It is estimated that the jute industry provides direct employment to 0.37 million workers in organized mills and in diversified units including tertiary sector and allied activities and supports the livelihood of around 4.0 million farm families. In addition, there are a large number of persons engaged in the trade of jute. The global jute bag industry is currently at a nascent stage with encouraging growth aspects. The demand for jute bags has witnessed a surge over the past few years, particularly in the European Union. This can be attributed to the growing environment consciousness in the region. The imports of jute bags in non-producing countries have also been facilitated by the ban on plastic packaging materials and bags. Additionally, the benefits offered by jute bags such as their biodegradability, durability, low cost, high strength, etc. have further supported the market growth. The market is projected to reach a value of US$ 3.1 Billion by 2024. Few Indian major players are as under A I Champdany Inds. Ltd. Ashim Kar & Inds. Pvt. Ltd Auckland International Ltd. Bally Jute Co. Ltd. Caledonian Jute & Inds. Ltd.
Plant capacity: Gunny (Jute) Bags: 25,000 Nos / dayPlant & machinery: 81 lakhs
Working capital: -T.C.I: Cost of Project : Rs 369 lakhs
Return: 28.00%Break even: 61.00%
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Particle Board from Wheat/Rice Straw

Agricultural waste or residue is made up of organic compounds from organic sources such as rice straw, wheat straw, oil palm empty fruit bunch, sugar cane bagasse, coconut shell, and others. Straw, the stalks of grasses, particularly of such cereal grasses as wheat, oats, rye, barley, and buckwheat.Rice straw and wheat straw are agricultural side products and can be collected after harvest of the main product, paddy rice/rough rice orwheat grain. Rice straw and wheat straw are a lignocellulosic biomass. Relative to other agricultural by-products, it contains a high amount of inorganic components and ash. Rice straw is a low cost biomass. Construction industry is one of the fastest growing sectors in India. Rapid construction activity and growing demand of houses has lead to the short fall of traditional building materials. Bricks, Cement, sand, and wood are now becoming scares materials. Demand of good quality of building materials to replace the traditional materials and the need for cost effective and durable materials for the low cost housing has necessitated the researchers to develop variety of new and innovative building materials. Construction materials of special requirements for the houses in different geographical region to overcome the risk of natural hazard and for protection from sever climatic conditions has also emphasised the need for development of lightweight, insulating, cost effective, durable and environment friendly building materials. The particle board market reached a value of US$ 19.3 Billion in 2018, growing at a CAGR of 6.1% during 2011-2018. Particle boards are mostly used in places such as recording studios and concert venues due to their excellent sound-absorbing properties. These are also used for making household furniture such as kitchen cabinets, bookcases, doors, windows, and covering the walls and floor. Moreover, particle boards can be painted, wallpapered and laminated which adds to the aesthetic quality of the surroundings. Owing to these factors, the market is expected to reach a value of US$ 25 Billion by 2024. Few Indian major players are as under Amazon Wood Pvt. Ltd. Asian Pre-Lam Inds. Pvt. Ltd. Associate Decor Ltd. Bajaj Eco-Tec Products Ltd. Best Board Ltd.
Plant capacity: Particle Board (Size 6x3x0.471'): 5,000,000.0 Sq.Mtrs. / AnnumPlant & machinery: 335 lakhs
Working capital: -T.C.I: Cost of Project : Rs 930 lakhs
Return: 28.00%Break even: 57.00%
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Acetaldoxime or Acetaldehyde Oxime

Acetaldoxime is one of the simplest oxime-containing compounds, and it has a wide variety of uses in chemical synthesis processes as an important intermediate. It is especially notable for its commercial application as an intermediate in the production of pesticides and cyanogenic glucosides or as boiler chemicals to remove oxygen with its limited toxicity and strong reduction. Initially, acetaldoxime can be prepared using hydroxylamine sulfate or hydroxylamine hydrochloride with sodium nitrite and sulfur dioxide, which has a low utilization rate, a high level of low value by-products and serious environmental pollution effects. Therefore, it is extremely important to develop a new synthesis process for acetaldoxime. Acetaldoxime is one of the simplest oxime-containing compounds, and it has a wide variety of uses in chemical synthesis processes as an important intermediate. It is especially notable for its commercial application as an intermediate in the production of pesticides and cyanogenic glucosides or as boiler chemicals to remove oxygen with its limited toxicity and strong reduction. Initially, acetaldoxime can be prepared using hydroxylamine sulfate or hydroxylamine hydrochloride with sodium nitrite and sulfur dioxide, which has a low utilization rate, a high level of low value by-products and serious environmental pollution effects. Therefore, it is extremely important to develop a new synthesis process for acetaldoxime. Acetaldehyde ammoximation to its oxime using TS-1 (Titanium Silicalite-1) as a catalyst and H2O2 as an oxidant offers a better approach. Moreover, the utilization of carbon atoms is up to 100%, and water is a unique byproduct that meets the development requirements of green chemical industry. The global acetaldehyde market accounted for US$ 1,329.4 Mn in 2018 and is expected to grow at a CAGR of 6.7% during the forecast period 2019 - 2027, to account for US$ 2,367.0 Mn by 2027. The largest share of the global acetaldehyde market. The growth of the market in this region is primarily attributed to the growing manufacturing industry in countries such as China, India, Japan, and South Korea. India also offers huge market potential due to emerging players in the chemicals, plastics and synthetic rubber, food & beverages, paints and coatings, and pharmaceuticals and cosmetics industries. Moreover, in the agriculture industry, acetaldehyde is used in the production of methomyl. The chemical is also used to make acetaldoxime, which is used as an insecticide. The Asia Pacific region has a well-established agriculture sector, and the demand for insecticides is growing over the past few years. This factor is projected to propel the demand for acetaldehyde. In the pharmaceutical industry, acetaldehyde is used in the production of sedatives and tranquilizers. Therefore, the growth of this industry in India is projected to boost the acetaldehyde market. Acetaldehyde is used in a wide range of industrial applications; it is the most commonly used raw material in the organic chemical industry. As a raw material, it is used in the manufacturing of paint binders, plasticizers, and super absorbents that are used in baby nappies. It is also used in the manufacture of various types of building materials, synthetic lubricants, fire protection paints, and explosives. In the pharmaceutical industry, it is used in the production of vitamins, sleeping aids, and sedatives. It is also often used as an intermediate in the chemical synthesis of acetic acid. Moreover, acetaldehyde chemical is infused in various types of perfumes and can further be used in decorative cosmetics, fragrances, shampoos, soaps, and oral care products as well as in household cleaners and detergents. Few Indian major players are as under A C I (Agro Chemical Inds.) Ltd. A V T Agrochem Ltd. Agro Chem Punjab Ltd. Ajay Bio-Tech (India) Ltd. Ankur Agro Chem Ltd Bombay Chemicals Pvt. Ltd
Plant capacity: Acetaldoxime :16.7 MT / dayPlant & machinery: 42 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1334 lakhs
Return: 30.00%Break even: 49.00%
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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

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

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

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