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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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Disposable Surgical Masks

A surgical mask, also known as a procedure mask, is intended to be worn by health professionals during surgery and during nursing to catch the bacteria shed in liquid droplets and aerosols from the wearer's mouth and nose. They are not designed to protect the wearer from inhaling airborne bacteria or virus particles and are less effective than respirators, such as N95 or NIOSH masks which provide better protection due to their material, shape and tight seal. Surgical masks are popularly worn by the general public in East Asian countries to reduce the chance of spreading airborne diseases. Theface mask having a body portion adapted to cover the nose and mouth and having means to secure said body portion over the nose and mouth, said body portion comprising a filtration medium comprising a nonwoven fabric formed of continuous thermoplastic filaments having a length of at least 2.5 inches and a diameter of from 14 to 20 microns, the filaments lying generally in planes perpendicular to the direction of the flow of air through the mask, the filtration fabric having a weight of from 47 to 61 gsm and having a thickness of from 0.01 to 0.02 inches and a void volume of about 85 percent and being substantially free of binder, and a lightweight porous nonwoven facing fabric on each major side of said filtration medium. The India surgical mask market is driven by various factors, such as increase in elderly population, increase in adoption of surgical mask in the general population, and surge in prevalence of contagious and chronic diseases such as tuberculosis and asthma. Furthermore, rise in the number of medical device manufacturing companies is also anticipated to supplement the growth of the surgical masks industry. However, concerns with respect to disposal of non-woven disposables along with rise in prominence of less invasive surgeries are the factors anticipated to restrain the growth of the India surgical mask market. The global sheet face masks market is expected to reach US$336.7 mn by the end of 2024. The market is projected at a CAGR of 8.7% from 2016 to 2024 and was evaluated at US$160.4 mn in 2015. The global sheet face masks market has been witnessing a tremendous growth due to high adoption of sheet face masks in the personal care industry. The exhaustive and extensive research and development in making innovative sheet face masks is also expected to drive the growth of the overall market. Several manufacturing companies are focusing on developing products to cater to the needs of consumers, which is also expected to have a positive impact on the global market. The demand for sheet face masks is also expected to rise due to the growing need for these products amongst the elderly population. These masks promise to repair several signs of aging such as pores, wrinkles, dry lines, sagging skin, and blemishes amongst others. According to WHO, currently, more than 4.2 million people worldwide are infected with Corona (COVID-19). In the context of the novel coronavirus (2019-nCoV) outbreak, the World Health Organization recommends the use of masks in home and health care settings. This in turn increases demand for surgical marks. Increase in elderly population, increase in adoption of surgical mask in the general population and surge in prevalence of contagious and chronic diseases such as tuberculosis and asthma along with the rise in the number of medical device manufacturing companies and rapid developments in nonwovens production technology is poised to contribute in the growth of the surgical mask market. Increasing focus toward preventing hospital-acquired infections and improvement in healthcare infrastructure & service are also some of the factors that are contributing in the growth of the surgical mask market. Few Indian major players are as under Tex Healthcare (India) Pvt. Ltd Medicare Hygiene Limited, Cartel Healthcare Pvt. Ltd., Mediblue Health Care Private Limited., Plasti Surge Industries Pvt. Ltd., Medline Industries Inc., Premium Health Care Disposables Private Limited, Kwalitex Healthcare Private Limited.
Plant capacity: Disposable Surgical Masks: 52,800 Pcs. / dayPlant & machinery: Rs 74 lakhs
Working capital: -T.C.I: Cost of Project: Rs 377 lakhs
Return: 29.00%Break even: 31.00%
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Aluminium Anodizing Unit

Aluminium and most aluminium alloys have high corrosion resistance because of protective oxide films thatformonthesurface when the metal is exposed to air. Anodizing of aluminium is the process by which the thick layer of aluminium oxide is made on the upper surface of the aluminium articles. The oxide film, is formed automatically about 0.1-0.4 x 106 inches or 0.25 1 x 10-2microns. Micron is a unit used to measure the film thickened i.e. very small thicknesses. Anodic oxidation or anodizing is an electrolytic process for thickening this naturally occurring film several hundred times or more. This thicker oxide film has properties that open new fields of application to aluminium and hence its suitability in many existing uses. The anodic film is chemically stable and abrasion resistance. It also has a high dielectric strength. Valuable in some application where aluminium used as an electrical conduct. The film may be retain high reflectivity, while its microcell structure enables it to absorb dyes to give a wide range of decorative effects. It also forms an excellent key for plain coatings. Anodizing is accomplished by immersing the aluminium into an acid electrolyte bath and passing an electric current through the medium. A cathode is mounted to the inside of the anodizing tank; the aluminium acts as an anode, so that oxygen ions are released from the electrolyte to combine with the aluminium atoms at the surface of the part being anodized. Anodizing is, therefore, a matter of highly controlled oxidation the enhancement of a naturally occurring phenomenon. The global anodized aluminium components for beauty packaging market is estimated to reach US$ 5,450.6 million by 2026 from US$ 3,676.6 million in 2018, and is projected to exhibit a CAGR of 5.8% over the forecast period (2019–2026). Key drivers such as shifting consumer preference towards sustainable, eco-friendly & aesthetically appealing packaging material are expected to positively impact demand for anodized aluminium components during the forecast period. However, high cost of aluminium compared to other materials such as tinplate, steel is estimated to be a major factor restraining growth of the market in the near future. Anodized aluminium is used in commercial and consumer applications in industries such as the transportation and construction. It is also used in home decors and electrical appliances. In addition, it is employed in satellites to provide protection from debris. Therefore, the global anodized aluminium market is likely to experience a promising growth. Aluminium is used in a huge variety of products including cans, foils, kitchen utensils, window frames, beer kegs and aero plane parts. This is because of its particular properties. It has low density, is non-toxic, has a high thermal conductivity, has excellent corrosion resistance and can be easily cast, machined and formed. It is also non-magnetic and non-sparking. It is the second most malleable metal and the sixth most ductile. Due to the fact that consistent growth of Indian economy at a rate of 8%, the demand for metals, used for various sectors, is also on the higher side. As a result, the Indian Aluminium Industry is also growing consistently as in the year 2009 the aluminium industry in India saw a growth of about 9%. Indian Aluminium Industry is a highly concentrated industry with the top 5 companies constituting the majority of the country's production.With the growing demand of Aluminium, the industry is also growing at an enviable pace. In fact, Aluminium production in India is currently outpacing the demand. Although India's per capita consumption of Aluminium stands too low (under 1 kg) as compared to the per capita consumptions of other countries like US & Europe (range from 25 to 30 kgs), Japan (15 kgs), Taiwan (10 kgs) and China (3 kgs), the demand is growing gradually. In India, the industries that require Aluminium Reserves most include power (44%), consumer durables, transportation (10-12%), construction (17%) and packaging, etc. The global requirement is estimated at around 7.4 million tons, against the consumption in India as only around 110,000 tons. India's share in the global downstream sector is low as compared to other developed countries.India has nearly 10% of the world's bauxite reserves and a growing aluminium sector that leverages this. Demand in the domestic market is expected to grow by 8-10; India is expected to have an installed aluminium capacity of 1.7 to 2 million tons per annum by 2020. Few Indian major players are as under Adishakti Alloys Pvt. Ltd. Alexcon Extrusions Ltd. Alom Extrusions Ltd. Alufit (India) Pvt. Ltd. Alumayer Systems Pvt. Ltd. Aluminium Profiles Ltd. Autoneum India Pvt. Ltd Bhoruka Extrusions Pvt. Ltd.
Plant capacity: Aluminium Anodized Articles: 10 MT / dayPlant & machinery: Rs 66 lakhs
Working capital: -T.C.I: Cost of Project: Rs 257 lakhs
Return: 26.00%Break even: 57.00%
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Workshop for Motors of Low Voltage (Up-To 1000V) and Distribution Transformers (Maintenance, overhauls and repairs)

Maintenance of electrical equipment and the maintenance function in general, are key subjects today for managers of plants and facilities. One important reason for this interest is there are profound changes taking place in the area of maintenance and reliability management. Basically, sweeping changes in management and organizational structure are redefining how work gets done. The maintenance function was seen as a non-core service organization that did not contribute to competitiveness. Benchmarks for maintenance were isolated measurements of tasks - that is, task orientation rather than business goal orientation. New performance criteria for measuring maintenance will be focused on optimizing asset utilization, not maximizing asset utilization. Qualification and certification of electrical maintenance personnel are other factors that will become increasingly important. A number of electrical industry organizations got together recently and created a certification program for people involved in the installation and maintenance of instrumentation and control systems. To provide quality, fast and competitive service for all units, including smaller ones of 100 HP or less, we have dedicated teams of specialists who are inspired by Lean best practices. Indeed, the Multi-Tech Workshop works completely independently from other Services departments to carry out the operations necessary for the refurbishment of small electric motors. The growing requirement to improve and maintain the reliability of the electrical distribution equipment at office spaces, manufacturing facilities, and industrial facilities is propelling the demand for the electrical distribution services, globally. The electrical services market’s growth can also be attributed to the increasing focus on repair and maintenance of existing electrical equipment and fixtures across multiple industries. Fulfilling crucial parameters is critical to ensure the effective scheduling of electrical distribution equipment to avoid the operational downtimes. Based on power rating, the distribution transformer market has been segmented into power ratings ranging up to 500 kVA, 501 kV–2,500 kVA, 2,501 kVA–10,000 kVA, and above 10,000 kVA. The distribution transformers ranging from 2,501 kVA–10,000 kVA are widely used in industrial and commercial sectors due to high power consumption as compared to residential power consumption. The global distribution transformer market is anticipated to grow at a CAGR of 7.88% between 2020 and 2028, and is anticipated to generate revenue of $32.58 billion by 2028. The service transformers or distribution transformers (DTs) deliver the final voltage alteration in the electric power distribution arrangement. DTs are used to step down the voltage used in the distribution lines (usually up to 36 kV), to the level used by the customer (usually 250 up to 435 V). The oil-filled segment is expected to be the largest market for distribution transformer, as it is more efficient, having longer service life and features more reliable overload capabilities. In developing countries, oil-filled distribution transformers account for around 90% of the total distribution transformer units and 80% in developed countries. Few major players are as under Apex Electricals Ltd Current Electricals Ltd G E Power India Ltd. Hammond Power Solutions Pvt. Ltd. G M R Warora Energy Ltd. Diamond Power Infrastructure Ltd.
Plant capacity: Workshop for Motors & Distribution Transformer of Low Voltage (up to 1000V ) Maintenance, Overhauls and RepairsPlant & machinery: Rs 30 lakhs
Working capital: -T.C.I: Cost of Project: Rs 85 lakhs
Return: 27.00%Break even: 71.00%
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Workshop for Motors of Low Voltage (Up-To 1000V) and Distribution Transformers (Maintenance, overhauls and repairs)

Maintenance of electrical equipment and the maintenance function in general, are key subjects today for managers of plants and facilities. One important reason for this interest is there are profound changes taking place in the area of maintenance and reliability management. Basically, sweeping changes in management and organizational structure are redefining how work gets done. The maintenance function was seen as a non-core service organization that did not contribute to competitiveness. Benchmarks for maintenance were isolated measurements of tasks - that is, task orientation rather than business goal orientation. New performance criteria for measuring maintenance will be focused on optimizing asset utilization, not maximizing asset utilization. Qualification and certification of electrical maintenance personnel are other factors that will become increasingly important. A number of electrical industry organizations got together recently and created a certification program for people involved in the installation and maintenance of instrumentation and control systems. To provide quality, fast and competitive service for all units, including smaller ones of 100 HP or less, we have dedicated teams of specialists who are inspired by Lean best practices. Indeed, the Multi-Tech Workshop works completely independently from other Services departments to carry out the operations necessary for the refurbishment of small electric motors. The growing requirement to improve and maintain the reliability of the electrical distribution equipment at office spaces, manufacturing facilities, and industrial facilities is propelling the demand for the electrical distribution services, globally. The electrical services market’s growth can also be attributed to the increasing focus on repair and maintenance of existing electrical equipment and fixtures across multiple industries. Fulfilling crucial parameters is critical to ensure the effective scheduling of electrical distribution equipment to avoid the operational downtimes. Based on power rating, the distribution transformer market has been segmented into power ratings ranging up to 500 kVA, 501 kV–2,500 kVA, 2,501 kVA–10,000 kVA, and above 10,000 kVA. The distribution transformers ranging from 2,501 kVA–10,000 kVA are widely used in industrial and commercial sectors due to high power consumption as compared to residential power consumption. The global distribution transformer market is anticipated to grow at a CAGR of 7.88% between 2020 and 2028, and is anticipated to generate revenue of $32.58 billion by 2028. The service transformers or distribution transformers (DTs) deliver the final voltage alteration in the electric power distribution arrangement. DTs are used to step down the voltage used in the distribution lines (usually up to 36 kV), to the level used by the customer (usually 250 up to 435 V). The oil-filled segment is expected to be the largest market for distribution transformer, as it is more efficient, having longer service life and features more reliable overload capabilities. In developing countries, oil-filled distribution transformers account for around 90% of the total distribution transformer units and 80% in developed countries. Few major players are as under Apex Electricals Ltd Current Electricals Ltd G E Power India Ltd. Hammond Power Solutions Pvt. Ltd. G M R Warora Energy Ltd. Diamond Power Infrastructure Ltd.
Plant capacity: Workshop for Motors & Distribution Transformer of Low Voltage (up to 1000V ) Maintenance, Overhauls and RepairsPlant & machinery: Rs 30 lakhs
Working capital: -T.C.I: Cost of Project: Rs 85 lakhs
Return: 27.00%Break even: 71.00%
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Methyl Ethyl Ketone (MEK)

MEK is a naturally occurring human metabolite, is present naturally in foods across all food groups, and is produced by microbes, algae, plants and other organisms.It is also released to the environment via anthropogenic production, where it primarily partitions to air.Its primary use is industrial, but it can also be found in consumer products, especially coatings and adhesives, and has minor use in the food industry as an extraction agent and flavoring agent. Methyl Ethyl Ketone (MEK),is an organic compound with theformulaCH3C(O)CH2CH3.This colorless liquid Ketone has a sharp, sweet odor reminiscent of butterscotch and acetone. It is produced industrially on a large scale, and also occurs in trace amounts in nature.It is soluble in water and is commonly used as an industrial solvent. MEK is used in surface coatings (55%), adhesives (12%), printing inks (4%), chemical intermediates (6%), magnetic tapes (5%) and lube oil dew axing agents (6%).MEK also is used as an extraction medium for fats, oils, waxes and resins.Methyl Ethyl Ketone is used as a solvent for lacquers, adhesives; for cleaning materials to be electroplated; for degreasing; in rubber and rubber cement, printing inks, paints, wood stains, varnishes and paint removers and in cleaning solutions; as a catalyst; and as a carrier. The future increase in demand of MEK in the country is expected from two levels. The first is from the growth of end users who are already using MEK. The second level is from the consumers who can use MEK but are using other solvents and are willing to switch over to MEK, once its easy availability is assured. In 2018, Asia is expected to account for nearly 70% of the total world consumption of MEK. Paints and coatings continue to consume the majority of MEK, and little change in the world MEK market breakdown is expected by 2023. Adhesives make up the second-largest share of the MEK market in 2018, and represent the largest and fastest-growing market in China, where consumption is largely for the manufacture of shoes. Global Methyl Ethyl Ketone Market size is forecasted to reach USD 3.64 billion against the volume of 1.9 Million Tonnes with a CAGR of 4.3 % by 2022. China, Western Europe, Japan and the United States are leading Consumer of MEK. It is projected that Asia Pacific region will drive the highest growth rate in the future as demand for MEK in this region is increasing at a fast pace with the development in end use. Increasing investments and development in automobile and infrastructure industries in China and India will further induce the consumption of MEK in the Asia Pacific region. Positive demand outlook for paints and coatings, adhesives, printing inks; on account of increasing construction spending, particularly in the Asia Pacific and the Middle East is expected to remain a key driving factor for the global MEK market. Methyl-Ethyl-Ketone (MEK) is a colorless and a harsh smelling carbon-based compound. It is commonly known as butanone. MEK characterized by outstanding chemical assets including low boiling point, high viscosity, high solvency, and high evaporation rate because of which it is used as a solvent across various applications. Few Indian major players are as under Adarsh Chemicals & Fertilisers Ltd. Arihant Chemicals Inds. Ltd. Cetex Petrochemicals Ltd. (2003) Exxonmobil Lubricants Pvt. Ltd. Mangalam Organics Ltd. Pon Pure Chemical India Pvt. Ltd. Prasol Chemicals Pvt. Ltd.
Plant capacity: Methyl Ethyl Ketone: 40 MT / dayPlant & machinery: Rs 946 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1814 lakhs
Return: 27.00%Break even: 53.00%
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Kraft Paper

Kraft paper is paper produced from chemical pulp produced in the kraft process. Sack kraft paper, or just sack paper, is a porous kraft paper with high elasticity and high tear resistance, designed for packaging products with high demands for strength and durability. Pulp produced by the kraft process is stronger than that made by other pulping processes; acidic sulfite processes degrade cellulose more, leading to weaker fibers, and mechanical pulping processes leave most of the lignin with the fibers, whereas kraft pulping removes most of the lignin present originally in the wood. Paper is one of the core industries and is linked to the basic human needs. Paper is the pre-requisite for education and literacy and its use is an index of advancement in these two fields as well as the overall well-being of the society. Paper and paper board can be manufactured by using different types of raw materials. Raw materials account for 45-50 per cent of the total cost of production and form an important segment of manufacturing paper and paper board. Of the total installed capacity, 43 per cent is dependent on forest based raw materials, 28 per cent on agro based raw materials and the remaining 29 per cent on other materials including waste paper. Indian Paper Industry which is over 100 years old, was saddled with many constraints, not of its own making, which have prevented it from growing to its full stature. Of late, due to spurt in demand for paper in the context of availability of good raw materials modernization efforts are being undertaken. Profitable margins being good, it has shown good signs of progress. Paper is designated as a core industry. India’s per capita consumption is a meagre 2.9 kg against 334 kg in U.S., 224 kg in Japan and 134 kg in Taiwan. Even within the Asian bloc, China has an impressive 12 kg per capita; the Philippines 8.5 kg and Thailand 17 kg, Malaysia (31), Korea (80), New Zealand (150), Singapore (80), Hong Kong (140), Australia (150) are other countries in the Asia-Pacific region which are significantly ahead in paper consumption. The world consumption of paper and paperboard is estimated at over 300 mntonne a year. It is constituted broadly of 30% of cultural papers (writing and printing), 14% of newsprint, and the balance of kraft and packaging paper including paperboards. The Indian production is about 2 to 3% of the global total. The overall value of the market is estimated at Rs. 250 bn. In volume terms, the segment is presently estimated at over 6.9 mntonne. In India, the cultural varieties account for over 40% of the production and speciality papers including coated papers for about 8%. This leaves about less than half for kraft and boards if the newsprint varieties are excluded. The newsprint takes over a mntonne or about 15% of the total. The present demand is estimated at 13.1 million tonnes with domestic production of 11.4 million tonnes, export of 0.5 million tonnes and import of 2.2 million tonnes. The demand is projected to boost to 23.5 million tonnes by 2024- 25. India is the greatest growing market for paper in the world with a growth rate of about 6 percent yearly. The increase of per capita paper utilization by one kg will raise the demand by about 1.25 million tonnes per annum. India has become self-sufficient in paper except for special varieties such as high quality bond paper and newsprint. The industry has progressed in the sense that dependence on wood-based raw material has come down to approximately 40%. Bagasse (about 33%) and waste paper (over 27%) now constitute more than 60% of the raw material base. Thus, the overall market prospectus for paper products appears to be good and the demand for industrial paper is expected to grow at faster rate than general paper industries growth. A Greenfield project based on wood pulp with a capacity of 100,000 tonne is estimated to require about Rs. 10 bn of capital expenditure. The paper industry depends on farmers for sourcing raw materials, and requires about 2 MN ha from the countries 32 MN hectares of degraded forests. The real worry to domestic production is that 70% of global recycled paper is being shipped in by Chinese companies. Few Indian major players are as under Achal Paper Inds. Ltd. Agrashakti Paper Mills Pvt. Ltd. Aryan Paper Mills Ltd. Bazargaon Paper & Pulp Mills Pvt. Ltd. Best Paper Mills Pvt. Ltd. Dev Priya Papers Pvt. Ltd. Fiesta Papers Pvt. Ltd.
Plant capacity: Kraft Paper: 200 MT / dayPlant & machinery: Rs 109 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2864 lakhs
Return: 28.00%Break even: 55.00%
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Downhole Seals used for Oil and Gas Industry from Synthetic Rubber

Downhole tools helps in minimizing the cost involved in performing oil recovery related activities from an oil well and helps in improving the life of an oil well and thus, improving the continuous flow of fluid. These tools performs various operations such as fishing of any leftover equipment/tool in the borehole, repairing & performing any cementing and well casing operations, well measurement, creating fracs in the reservoir bed, etc. The primary purpose of using down whole tools is to carryout work over operations and well completion process as well as examining the reservoir properties such as rock, sand, liquid by bringing their sample on the well surface. They are mostly used during extreme temperatures and pressure conditions. There are many types of down hole tools that are used to conduct well activities such as slick line tools & equipment, wire line tools & equipment, example, drilling jars, fishing tools, pushing tools, drill pipes, tubular tools, centralizers, etc. Down hole Tools are pieces of oilfield equipment that are used during well drilling, completion and intervention or well work over activities and helps the oil well in optimizing the production levels and maintain a continuous flow from a reservoir. The global oilfield consumables market is segmented on the basis of geography. North America including the U.S and Canada and Mexico have the highest share of oilfield consumables market. Europe, Latin America and Middle East including Russia, Germany, U.K, Ukraine, Argentina, Saudi Arabia, Iran and Algeria also have a huge market for oilfield consumables. Asia Pacific has a large potential market for oilfield consumables. Asia Pacific market for oilfield consumables has grown enormously in recent years. Countries such as Australia, China, India, Kazakhstan, and Indonesia have given a huge boost to oilfield consumables market. The drivers for oilfield consumables market includes the increasing demand for energy and discovery of new oil & gas reserves around the globe. In recent years, oil & gas production has increased enormously worldwide. New energy sources and advanced drilling technology will further bolster the demand for oilfield consumables. The oilfield services market is expected to grow at a CAGR of over 3% during the forecast period of 2020 – 2025. Factors such as increase in demand for advanced technology, tools and equipment to increase efficiency of exploration and production activities in onshore and offshore areas is expected to drive the market for oilfield services. However, the volatile oil prices over the recent period, owing to the supply-demand gap, geopolitics and several other factors has been restraining the growth in the demand for oilfield services market. The growing demand for refinery products is also likely to boost the oil & gas production in the region in the long term. The increasing need for crude oil and natural gas in China, Russia, and Saudi Arabia is estimated to provide an impetus to onshore projects in the coming years. Few Indian major players are as under Super Seals India Ltd. Sigma Freudenberg Nok Pvt. Ltd. Sankar Sealing Systems Pvt. Ltd. Rubber Products Ltd Proseal Closures Ltd. Hi Tech Arai Pvt. Ltd. Halliburton Oil Field Services (India) Ltd.
Plant capacity: Downhole Seals (1-1/4" Swab Cup (100g each): 24,000 Pcs. / dayPlant & machinery: Rs 70 lakhs
Working capital: -T.C.I: Cost of Project: Rs 506 lakhs
Return: 33.00%Break even: 54.00%
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Aluminium Ingots from Aluminium Scrap

Ingots are very large casting products, greater in size and shape than blooms, billets and slabs. Ingot generally has rectangular/square cross section, but it is not necessary that it should be uniform throughout its length. (Ingot may have variable cross section.) Aluminium Alloy Ingots Like LM-2, LM-4, LM-6 which are commonly used in Gravity and Sand Casting, Pressure Die Casting Alloys like LM-13, LM-14, LM-24, ADC-12, ALSI-132 etc. are also being manufactured as per the Indian and International standards. India's share in world aluminium market is estimated at around 3%. India ranks fifth in bauxite production after Australia (62 mntonnes), Guinea (17.50 mntonne), Brazil (16.20 mntonne) and China (10.75 mntonnes). With a total output of 9.25 mntonnes, the country contributes about 6% of the world's total production of 159 mntonnes, India holds the fifth position in reserves base and is ahead of China with 2300 mntonnes. India ranked seventh in alumina production with a total output of 3 mntonnes, a share of nearly 5% of the global production of 61 mntonnes. The per capita consumption of aluminium in India continues to remain abysmally low at under 1 kg as against nearly 25 to 30 kg in the US and Europe, 15 kg in Japan, 10 kg in Taiwan and 3 kg in China. Aluminium has a wide range of applications, from aircraft building to packaging, a major consumer being the electrical industry. The two sectors, electricity and transportation, account for more than half of the total off take. The key consumer industries in India are power, transportation, consumer durables, packaging and construction. Of this, power is the biggest consumer (about 44% of total) followed by infrastructure (17%) and transportation (about 10% to 12%). In the transportation sector, aluminium is used for paneling, floors and windows. So far, it is not used for structural parts and bodies of automobiles. An Indian car uses only about 54 kg of aluminium against a global average of 100 to 110 kg. This sets the high potential for growth with the increase in the automobile sector. Aluminium ingots constitutes 25 to 30% of the total aluminium consumed in India. The market for aluminium ingots in India has been growing at around 12% per annum during the last few years. Jindal Aluminum and Hidalgo are the largest players in the Extrusion segment with combined market share of 30%. Other than FRP and Extrusion, Castings is one large segment which primarily serves the automotive market and mostly uses Aluminum in the Scrap form Few Indian major players are as under Nealex Alloys Pvt. Ltd. Namo Alloys Pvt. Ltd. Indo Alusys Inds. Ltd. Gravita India Ltd. Bothra Metals & Alloys Ltd. Baheti Metal & Ferro Alloys Ltd Aravali Infrapower Ltd.
Plant capacity: Aluminium Alloy Ingots: 40 MT / day Aluminium Scrap: 0.67 MT / dayPlant & machinery: Rs 196 lakhs
Working capital: -T.C.I: Cost of Project: Rs 702 lakhs
Return: 31.00%Break even: 64.00%
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Aluminium Cans for Beer and Beverages

The aluminium beverage can is now the popular choice for carbonated and still soft drinks, mineral waters, beers and lagers. It competes successfully against drinks containers of glass, plastic and steel, and is the only drinks container for which closed loop recycling applies; a used aluminium drinks can is recycled back into aluminium can sheet for the manufacture of another aluminium drinks can. The good thermal properties of aluminium mean that the drinks can is quickly chilled. It has good rigidity and strength without the grave disadvantages of a glass bottle, of being fragile and dangerous when broken and much heavier than and aluminium can. It is lighter than steel and even a steel beverage can relies on aluminium for the top of the can since the better control on gauge and properties of aluminium mean that the easy open end of the can only be made in aluminium. The range of beverage cans includes the standard beverage can with a 206 mm diameter end, and current machine conversions also allow for the production of a 202 mm diameter end. Can sizes include 330 ml, 355 ml and 375 ml Aluminium cans provide long-term food quality preservation benefits. Aluminium cans deliver 100 percent protection against oxygen, light, moisture and other contaminants. They do not rust, are resistant to corrosion and provide one of the longest shelf lives of any type of packaging. Aluminium-based food canning has an unparalleled safety record. Tamper-resistant and tamper-evident packaging provides consumers with peace of mind that their products have been safely prepared and delivered. A vast variety of products are packaged using aluminium in addition to food and beverages: aerosol products, paint and thousands of other items in the consumer products market. The can packaging market for food and beverage segment includes 2-pc (piece) and 3-pc cans of tin and aluminium both. Can packaging forms about 5% of the country's Rs 60,000 crore packaging industry. The overall packaging industry in India is growing at 5-6% year-on-year; however, the 2-pc beverage can market is growing at 10% year-on-year. With the 'can' being eco-friendly, its great barrier properties, superior shelf life and attractiveness make it apt for the Indian market, which demands and requires packaging with value addition. India is expected to consume around 2.7 million tons of aluminium, a small fraction of the 65.5 million tons of estimated global demand, but while industry estimates peg global aluminium consumption growth at 4%-6% annually, India's consumption of the metal should grow at a rate of 11%-12%. An aluminum beverage can refer to 2-piece and 3-piece packaging containers commonly employed for packaging of products such as soft drinks, alcoholic beverages, and energy and sports drinks. Advantages of aluminum over substitutes such as steel or tinplate include lightweight, ease of use, cost competitiveness, and superior visual appeal. Furthermore, aluminum cans can be recycled endlessly without loss of quality or strength. Use of recycled material in the production of new cans employs 95.0% less energy as compared to that of aluminum can production from virgin materials. The India aluminum beverage can market size is projected to reach USD 457.4 million by 2025 at a CAGR of 10.7%. The global beverage cans market is anticipated to expand at a rapid pace due to the increase in demand for aerated drinks and rise in consumption of packaged juices. Consumers are adopting healthier lifestyle, which in turn is propelling the demand for beverage cans for vegetables and fruits juices and caffeine-based drinks such as coffee and iced tea. Moreover, the expansion of the beverage cans market can be attributed to the rise in consumption of alcoholic beverages, such as beer and cider, which need to be cooled at specific temperatures to improve their taste. However, fluctuations in raw material prices and complexities in the manufacture of steel beverage cans are expected to restrain the beverage cans market. Innovation in design shape and recapping of beverage cans are anticipated to create opportunities in the market. The global beverage cans market can be segmented based on material, application, and region. In terms of material, the beverage cans market can be categorized into plastic, aluminum, and steel. The aluminum segment is anticipate to hold a major market share of the market owing to its lightweight, high recyclable rate with easy fabrication process, and extensive use in the beverage industry. Moreover, it is easy and convenient to package aluminum cans, as aluminum can be molded in innovative shapes and sizes. Based on application, the beverage cans market can be bifurcated into alcoholic beverages and non-alcoholic beverages. The non-alcoholic beverages segment is projected to account for a major share of the beverage cans market, due to rise in disposable income and increase in temperature, which increases the consumption of soft drinks and juices. The Global Beverage Cans Market is projected to grow at a CAGR of 2.9% from USD 25.68 billion in 2019 to USD 32.53 billion in 2027. The increased recyclability of aluminum, increasing popularity of energy & sports drinks, health concern regarding the usage of plastics, and high molding and lightweight properties of metals used are the major drivers for the market. Growing health concerns associated with the use of plastics containers is also a key factor influencing market growth. Many beverages are packaged in plastic containers in the U.S. (Plastic Industry Association, U.S.). However, pressure from environmental lobby groups and Government agencies is being felt by many can manufacturers, who are being bounded to reduce the consumption of plastics. Water and carbonated drinks are usually bottled in Polyethylene Terephthalate (PET) bottles. As bans on plastic packaging gains momentum across the U.S., manufacturers, and sellers are turning towards other available options. Few Indian major players are as under Ball Aerocan India Pvt. Ltd. Ball Beverage Packaging (India) Pvt. Ltd. Can-Pack India Pvt. Ltd. Hindustan Tin Works Ltd. Nilraj Engineering Works Pvt. Ltd. Shetron Ltd.
Plant capacity: Aluminium Beverage Cans each 330 ml Size:13.3 Lakh Pcs. / day Plant & machinery: Rs 343 Cr
Working capital: -T.C.I: Cost of Project :Rs 399 Cr
Return: 23.00%Break even: 36.00%
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Start your own Business in Hydrated Lime (Calcium hydroxide) Production from Limestone (Calcium Carbonate).

Start your own Business in Hydrated Lime (Calcium hydroxide) Production from Limestone (Calcium Carbonate). Most Profitable Opportunities for Startups in Chemical Industry. The term “hydrated lime” is widely used to describe a powdered calcium hydroxide product created by reacting quicklime with a controlled more than water. The product is essentially dry and generally contains not up to 1% of un-reacted water. The method is called “hydration” and will be differentiated from “slaking” that involves the production of a dispersion of calcium hydroxide in water. However, the expression “slaked lime” is used as a generic term for hydrated lime, milk of lime and lime putty. Related Projects: - Chemicals (Organic, Inorganic, Industrial) Projects An estimated 10 to 15% of the quicklime produced in developed countries is born-again in to hydrate lime and therefore the percentage is also higher in countries that don't have a large steel industry. Because hydrating plants are comparatively complex and might be fed with surplus grades of quicklime, there are relatively few of them and that they are normally located at a lime works. Whereas the chemical reactions involved within the formation of hydrated lime are simple, the physical chemistry is complex. Some of industrial uses of Hydrated Lime are: Manufacturing of Bleaching Powder. Process Water Demineralization Waste Water Neutralization. Neutralization of Acidic effluents Fluxing or Clarifying. Drying of mud or sludge. Stabilization of hazardous waste. Dehairing of Hides in Tanneries. Flue gas Desulphurization Calcium Hypochlorite Bleaching of Paper pulp. Market Outlook The national demand estimate for hydrated lime in excess of 100,000 MT per annum and the estimated total supply figure is less than 35,000 MT per annum with most of the demand been met through importation. The global hydrated lime market size will grow by 31.24 MMT during 2018-2022. In terms of value, the global lime market is anticipated to expand at a CAGR of ~ 6% during the forecast period, and reach a value of US$ ~65.4 Bn by 2027. Related Books: - Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals The Asia Pacific is that the leading region in terms of production. The region is expected to continue having a healthy rate within the coming back years as well. It’s among the fastest-growing lime market. The lime market within the region is boosted by the rapidly growing housing industry within the region, particularly China and India. The booming construction industry is supporting the demand growth for hydrated lime. The region additionally has significant demand growth for the steel industry, which successively is boosting the demand for lime. The increasing investments by the Chinese government, as well as private firms within the construction and infrastructure industries, have boosted the demand for lime within the Asia Pacific. The growing demand for mineral production within the region is also expected to drive the demand for the product. China is likely to be the most important lime producer as well as consumer within the region in the coming years. Projects- Project Reports & Profiles Lime has been widely utilized in various building and construction techniques for over 5,000 years. The durability, resilience, and water-resistant properties of lime build it an ideal material for construction activities, especially among people who involve using natural materials. Lime is one in every of the very few mineral derivatives which will be used to manufacture steel – an element that has contend an imperative role in its high uptake for steel manufacturing, thus, aiding the growth of the lime market, worldwide. Whereas quicklime is extensively used as a flux agent to urge eliminate impurities in steel, calcium hydrate finds application across the construction sector around the world. Related Videos:- Chemicals (Organic, Inorganic, Industrial) High Demand for Lime in Metallurgical Applications The steel industry is a major consumer of lime. Around 50% of the total production of lime is consumed in the metal manufacturing industry. Lime is utilized as a flux for removing impurities such as silica, phosphorus, and sulfur. Industrial production of lime helps achieve quality steel, primarily in terms of purity required in modern steel applications. Lime plays a vital role in the production of non-ferrous metals as well. Lime can be utilized to treat copper ore; extract uranium; and recover gold as well as silver. Lime is employed in producing alumina and magnesia to manufacture aluminum and magnesium, respectively. Market Research Reports :- Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market Outlook, Indian Industry Size, Share, Trends, Analysis and Forecasts report, Sector Growth Driver, Company Profiles Thus, increasing demand for steel and other metals from automotive and other manufacturing industries across the globe, including developing economies such as China, India, and Brazil, is anticipated to drive the demand for lime for use in metallurgical applications during the forecast period. Key Players The global hydrated lime market expected to be fragmented throughout the forecast period. Some of the market participants identified across the value chain of the global hydrated lime market include Graymont Limited, Lhoist, SIBELCO, and NIKI Chemical industries, McGean-Rohco Inc., KIMTAS, CARMEUSE, Boral Limited, Omya Australia Pty Ltd. and United States Lime & Minerals, Inc., among others. Tags:- #HydratedLime #Limepowder #calciumhydroxide #Limeindustry #limebusiness #LimeStoneProduction #limestoneproject #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #QuickLime #chemicalindustry
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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