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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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Project Profile on Sodium Hypochlorite Manufacturing

Sodium hypochlorite is the active ingredient in chlorine bleach, a potent oxidant and bleaching agent (NaClO). Population growth is to blame for the majority of the increase in home bleach use. Water treatment is the most prevalent and fastest-growing application for bleach, owing to population development and accompanying increases in water consumption, as well as limited fresh water resources. The production of sodium hypochlorite chemicals is a well-established commercial technique, and the same approach is employed in chlor-alkali facilities to reduce chlorine emissions. Bleach (Sodium hypochlorite) is a chemical that can be found in nature and is used to whiten garments. The oxidation process, which requires the introduction of oxygen molecules into a chemical, is how bleach works. When bleach is introduced, a stain is merely a chemical composition that breaks down into smaller bits, allowing it to detach from the fabric. Chemic, or sodium hypo chlorite, was first used to bleach linen in the textile industry. When cotton became popular, it was bleached with hypochlorite as well. Hypochlorite is still used for certain bleaching in the United States, but it is more commonly utilised in Europe. In a continuous operation at 40–50°C for 0.25–0.5 h, approximately 2.5–5 gm/lit of accessible chlorine is used. The hypochlorite treatment is followed by an antichlor treatment (Sodium Bisulfite, Sulfur dioxide, or hydrogen peroxide) to prevent colour reversal (formation of chloramines). Bleaching with hypochlorite results in a brighter white, but it demands much more careful supervision. Liquid bleach, often known as soda bleach liquor in the paper and textile industries, is the most widely used of all chlorinated bleaches. Around 150 tonnes of available chlorine as liquid bleach is used for home and laundry beaching every day in the United States. Other applications include chemical processing (e.g., chlorhydrination), textile bleaching, water treatment, and general disinfection. The chlorine level of commercial liquid bleach is typically 12 to 15% accessible chlorine. Carboys, rubber-lined drums, and crucks are also available. Liquid bleach solution with 3 to 514 percent accessible chlorine packed in brown or amber glass bottles for use in the home, laundry, and sanitising accounts for the majority of the domestic bleach trade. In recent years, the 5 or 514 percent product has gained popularity. As a result of expanding urbanisation and industrialization, particularly in emerging nations such as China and India, demand for sodium hypochlorite in the wastewater chemical treatment industry has expanded drastically, contributing significantly to the sodium hypochlorite market expansion. In the coming years, exponentially expanding bleach demand from the textile and pulp and paper industries is predicted to boost the sodium hypochlorite market. During this time, the sodium hypochlorite market is expected to expand due to increased demand for the chemical in the medical industry for sanitising surgical tools and hospital facilities. Because of its application in wastewater treatment, household cleaning products, textiles, and the chemical sector, the market for sodium hypochlorite is estimated to reach USD 205 million in 2020, with a CAGR of roughly 5.5 percent between 2022 and 2027. The market is expected to grow as sodium hypochlorite becomes more popular as a bleach and disinfectant in water treatment and household hygiene products. Sodium hypochlorite has been commonly used in textile finishing for over two centuries. Preshrinking wool with sodium hypochlorite is currently a common practise in the textile industry. In former applications such as cotton whitening, stonewashing jeans, and coloured textile decolorization, other chemicals have mostly replaced sodium hypochlorite. The bleaching effluent, on the other hand, is subjected to a sulphite-based dichlorination process after use, resulting in a final discharge free of oxidative chlorine. Due to increased demand for the product from the water treatment chemical sector, the market is growing. Because it has the potential to kill illnesses such as bacteria and fungi, chlorine is a key component of disinfectants. This product's applications include water and sewage purification and treatment, swimming pools, households, hospitals, schools, drinking water, and surgical equipment. Furthermore, adequate and ongoing disinfection of public bathrooms, office spaces, outdoor areas, public complexes, and malls has resulted in a substantial demand for this product as a result of higher hygiene standards among customers. Industry Major Market Players • Advance Chemicals • The Clorox Company • Hawkins • ICL • Kemira • Occidental Petroleum Corporation • Odyssey Manufacturing • Olin Corporation • PCC Group • Vynova Group
Plant capacity: 4500 MT Per AnnumPlant & machinery: 55 Lakhs
Working capital: -T.C.I: Cost of Project: 214 Lakhs
Return: 27.00%Break even: 60.00%
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Ethyl Acetate Production Business

The molecule ethyl acetate (also known as EtOAc or EA) is a colourless organic ester with the formula C4H8O2 (usually written as EtOAc or EA). It is frequently used as a cleaning, paint removal, and coatings solvent since it is significantly miscible with all common organic solvents (alcohols, ketones, glycols, esters). Alcoholic beverages, cereal crops, radishes, fruit juices, beer, wine, and spirits all contain ethyl acetate. It has a fruity flavour and is found in glues, nail paint removers, decaffeinating tea and coffee, and cigarettes. This chemical is widely utilised and manufactured on a huge scale all over the world due to its pleasant fragrance and low cost. The chemical industry, for example, uses ethyl acetate and other solvents in a variety of industrial operations. Solvent demand is always on the rise due to its vast range of applications. The importance of so-called "green chemistry" (non-toxic chemicals for the environment and living beings) is becoming more apparent as rules on dangerous pollutant emissions from manufacturing processes become more stringent. As a result, common solvents must have a lower impact on human health and the environment. Ethyl acetate has a low toxicity level and is also biodegradable. The market demand for this "green chemistry" product has soared as a result of these benefits. Sustainable development and solid engineering practise are driven by decreased energy and utility consumption, as well as lower waste output and a closed-cycle economy. It's an important ingredient in antibiotic concentration and purification extractants, as well as an intermediary in the production of many medications and an excellent industrial solvent. Adhesives, cleaning fluids, nail polish removers, silk coated papers, explosives, synthetic leather, photographic films, and plates all include this solvent. Other uses for ethyl acetate include synthetic fruit essences, flavours, and scents. It can be used as a reference material for chromatography and analytical reagents, as well as a solvent. Because of its inexpensive cost, low toxicity, and pleasant odour, ethyl acetate is extensively employed as a solvent and diluent. It's commonly used to clean circuit boards and in a range of nail polish removers, for example (acetone and acetonitrile are also used). This solvent is used to decaffeinate coffee beans and tea leaves. It's also employed as an activator or hardener in paints. Confectionery, perfumes, and fruits all contain ethyl acetate. It evaporates swiftly in scents, leaving only the perfume's scent on the skin. Ethyl acetate is used to make epoxies, urethanes, cellulosics, acrylics, and vinyls, to name a few. Nitrocellulose and cellulose acetate lacquers, varnishes and shellacs for wood furniture and fittings, auto refinishing, ceramic ornamentation, and architectural coatings for interiors and exteriors, to name a few applications, all use these coatings. It's used in adhesives, spread-coating chemicals for imitation leather, and cleaning goods (paint solvents or thinners). In catalysed lacquers, ethyl acetate can be employed to dissolve the isocyanate component. The molecule ethyl acetate (also known as EtOAc or EA) is a colourless organic ester with the formula C4H8O2 (usually written as EtOAc or EA). It is frequently used as a cleaning, paint removal, and coatings solvent since it is significantly miscible with all common organic solvents (alcohols, ketones, glycols, esters). Alcoholic beverages, cereal crops, radishes, fruit juices, beer, wine, and spirits all contain ethyl acetate. It has a fruity flavour and is found in glues, nail paint removers, decaffeinating tea and coffee, and cigarettes. This chemical is widely utilised and manufactured on a huge scale all over the world due to its pleasant fragrance and low cost. The chemical industry, for example, uses ethyl acetate and other solvents in a variety of industrial operations. Solvent demand is always on the rise due to its vast range of applications. The importance of so-called "green chemistry" (non-toxic chemicals for the environment and living beings) is becoming more apparent as rules on dangerous pollutant emissions from manufacturing processes become more stringent. As a result, common solvents must have a lower impact on human health and the environment. Ethyl acetate has a low toxicity level and is also biodegradable. The market demand for this "green chemistry" product has soared as a result of these benefits. Sustainable development and solid engineering practise are driven by decreased energy and utility consumption, as well as lower waste output and a closed-cycle economy. It's an important ingredient in antibiotic concentration and purification extractants, as well as an intermediary in the production of many medications and an excellent industrial solvent. Adhesives, cleaning fluids, nail polish removers, silk coated papers, explosives, synthetic leather, photographic films, and plates all include this solvent. Other uses for ethyl acetate include synthetic fruit essences, flavours, and scents. It can be used as a reference material for chromatography and analytical reagents, as well as a solvent. Because of its inexpensive cost, low toxicity, and pleasant odour, ethyl acetate is extensively employed as a solvent and diluent. Nitrocellulose and cellulose acetate lacquers, varnishes and shellacs for wood furniture and fittings, auto refinishing, ceramic ornamentation, and architectural coatings for interiors and exteriors, to name a few applications, all use these coatings. It's used in adhesives, spread-coating chemicals for imitation leather, and cleaning goods (paint solvents or thinners). In catalysed lacquers, ethyl acetate can be employed to dissolve the isocyanate component. It's commonly used to clean circuit boards and in a range of nail polish removers, for example (acetone and acetonitrile are also used). This solvent is used to decaffeinate coffee beans and tea leaves. It's also employed as an activator or hardener in paints. Confectionery, perfumes, and fruits all contain ethyl acetate. It evaporates swiftly in scents, leaving only the perfume's scent on the skin. Ethyl acetate is used to make epoxies, urethanes, cellulosics, acrylics, and vinyls, to name a few. Industry Major Market Players • INEOS (UK) • Celanese (US) • Eastman Chemical (US) • Jiangsu Sopo (China) • Jiangmen Handsome (China) • Wuxi Baichuan (China) • Jubilant (India) • GODAVARI BIOREFINERIES LTD. (India) • Sekab (Sweden) • Korea Alcohol (South Korea) • IOL Chemicals and Pharmaceuticals (India)
Plant capacity: 7200 MT Per Annum Plant & machinery: 11 Cr
Working capital: -T.C.I: Cost of Project: 17 Cr
Return: 25.00%Break even: 49.00%
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Start Production Business of Industrial Enzymes used in Textile, Poultry and Paper Pulp Industries

Enzymes are excellent catalysts because they are very selective and may be used in a number of situations. By combining the right enzymes with genetic engineering, enzyme companies have created proteins that can work in harsh process settings including those involving solvents, salts, and high temperatures. The global market for industrial enzymes is currently worth $1.8 billion per year and growing at a rate of more than 20% per year. Industrial enzymes are used in a variety of industries, such as pharmaceuticals, chemical manufacture, biofuels, food and beverage, and consumer goods. Thanks to recent advancements, biocatalysis employing isolated enzymes is currently considered more cost-effective than using complete cells. To extract biologically active enzymes, any living creature can be employed. Fungi account for more than half of the hundred enzymes utilised in industry, with bacteria, mammals (8 percent), and plants accounting for the rest (4 percent). The bio industrial industry in India, which is mostly made up of enzyme companies, contributes about 5% of the country's GDP and is valued at Rs. 3,950 million, with a 5.33 percent growth rate. Novozyme, India's market leader for industrial enzymes, is constructing a new R&D centre in Bengaluru. The United States, Canada, and China continue to supply India with 70% of its enzyme needs. Only Enzyme-Based Detergents At the moment, proteases and amylases are commonly used. Granulates with a dust-free inner core containing inorganic ions (e.g. NaCI) and sugars as a preservative, bound with reinforcing, carboxy methyl cellulose or similar protective colloid. This core is subsequently covered with inert waxy materials like paraffin oil or polyethylene glycol, as well as different hydrophilic binders, which are washed away. Enzymes' Function in the Dairy Industry Lactose is found at a concentration of 4.7 percent (w/v) in milk. Its presence in milk renders milk unsuitable for the vast majority of the world's adult population. Lactose has a limited solubility, which leads to crystal formation. Hydrolyzing lactose, which generates a product that is four times sweeter and considerably more soluble, can fix these problems. Lactase (ß-galactosidase) is a lactose hydrolyzer. Enzymes are used in the fruit juice, wine, brewing, and distilling industries. Because of the presence of pectins, cloudiness is a major issue in the preparation of fruit juices and wines. The majority of them are -1,4-anhydrogalacturonic acid polymers with varying degrees of methyl esterification. The Leather Industry and Enzymes One of the oldest applications of industrial enzymes is the processing of hides and skins for leather. Soaking, bating, and enzyme-assisted dehairing are presently the most common uses for protease and lipases. The enzyme demand is computed using India's growth rate, which is significantly larger than the output. Enzymes originating from fermentation sources account for about 80% of the whole market, according to a study. Bacterial alkaline proteinases were the most used enzyme in detergents. Microbial proteinases accounted for 40% of the whole market, whereas gylcosidases accounted for roughly 20%. Glucose isomerase was the most popular non-hydrolase product, accounting for 6% of the overall market. Detergents and starch make for around 30% of sales, with dairy processing accounting for the remaining 15%. The industrial enzyme market is fast growing since most enzymes are produced by microorganisms in submerged cultures employing biotechnology. Growing enzyme use in existing application areas, enzyme use in new industrial processes, strict enforcement of environmental rules, and cost savings were all major drivers of this sector's rise in India. Industrial enzymes had a market value of USD 4.61 billion in 2016, and it is predicted to grow at a CAGR of 5.8% from 2017 to 2022. Thanks to the country's booming food processing, tannery, and textile manufacturing industries, India's industrial enzymes market is predicted to approach US$ 361 million by 2020. Industrial enzymes are used in a variety of industries, including food and beverage, household care, animal feed, leather manufacturing, textile processing, pharmaceuticals, and others. Industry Major Market Players • Novozymes • BASF SE • DSM • DuPont Danisco • Associated British Foods plc • Adisseo • Novus International • Advanced Enzyme Technologies • Chr. Hansen Holding A/S • Enzyme Development Corporation • Lesaffre
Plant capacity: 300 MT Per AnnumPlant & machinery: 633 Lakhs
Working capital: -T.C.I: Cost of Project: 959 Lakhs
Return: 1.00%Break even: N/A
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Rice Husk based Biodegradable Cutlery Making Plant

Early adopters of biodegradable cutlery, which has emerged as a preferred alternative to plastics, can be found all over the world. Bagasse, rice husk, coconut coir, and other plant biomass resources are being used to make environmentally friendly cutlery, tableware, and packaging products that are expected to gain prominence in the future decade. Rice husk is a surprise tough material that can resist a lot of abuse and lasts a long time. Rice husk cutlery is one of the most durable biodegradable silverware solutions, withstanding temperatures of above 100°C without harm. This reusable tableware's smooth, shiny surface is made completely of natural wax produced from rice husks. Biodegradable Biodegradable cutlery includes knives, forks, chip forks, coffee stirrers, spoons, and teaspoons. The goods, which are made of renewable resources and come from well-known brands like Plastico and Vegware, are all food-grade. Biodegradable cutlery is created from a variety of compostable and biodegradable natural materials, such as sugarcane bagasse, bamboo, paper pulp, palm leaves, agricultural waste, and other disposable materials (cornstarch-based PLA plastic is also a sustainable alternative but is not capable of breaking down on its own in normal conditions). To the nth degree, environmentally friendly: Rice husk is a greener and healthier alternative to disposable plastic cutlery because it is made from industrial waste. Rice husk cutlery is a long-lasting and reusable material that can last up to three years depending on temperature and maintenance. As a result, these flatware pieces are perfect for gatherings, fast-food establishments, and restaurants. Unlike plastic silverware, rice husk cutlery does not melt when exposed to extreme heat or cold. As a result, they will outlast the disposable plastic ones. You can even microwave them to warm them up! At picnics, vacations, and work, people may now enjoy their food without the humiliation that comes with using throwaway silverware. The biodegradable cutlery market is growing in response to rising demand for disposable and low-cost utensils in many developing economies. They've gained popularity at a variety of major gatherings, including parties, rallies, and social events. The demand for reusable spoons and plates is steadily expanding at a variety of parties and large events. Several social gatherings and huge sporting events have attempted to popularise biodegradable tableware in recent years. Exotic designs have also been released by manufacturers. As a result of these policies, the market for biodegradable flatware has exploded. According to market participants, biodegradable cutlery is also emerging as a viable cost-effective solution, as the usage of single-use plastics has drawn criticism from a variety of corners around the world. To market premium commodities like rice husk dinnerware, manufacturers in emerging economies are increasingly resorting to e-commerce. The rise of the biodegradable cutlery industry has been aided by the increasing prevalence of e-commerce in various sectors of these emerging nations. In 2018, the global biodegradable cutlery market was valued USD 33.9 million, and it is expected to increase at a 5.9% CAGR from 2019 to 2025. The increased public awareness of the negative effects of non-biodegradable rubbish is predicted to enhance market growth. The government has made non-biodegradable plastic illegal, with rigorous regulations in place. Government initiatives to support the industry, as well as increased public awareness of the dangers of non-biodegradables, are likely to fuel growth.
Plant capacity: Biodegradable Cutlery (Per Set 6 Pcs. Flatware): 1,852 Sets Per DayPlant & machinery: 28 Lakhs
Working capital: -T.C.I: Cost of Project: 222 Lakhs
Return: 27.00%Break even: 52.00%
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Set up NPK Complex Organic Fertilizer Plant

Fertilizers are soil additions that help plants develop more quickly. Nitrogen, phosphorous, and potassium are the most common nutrients in fertilisers, with other elements being added in smaller amounts. In terms of weight, macronutrients such as nitrogen (N), phosphorus (P), and potassium (K) are the most significant nutrients for plants (i.e. NP-K). Ammonia is the primary source of nitrogen. Urea is the most common chemical used to make nitrogen available to plants. Superphosphate, commonly known as ammonium phosphate, is the most common type of phosphorus. Potassium is obtained from potassium muriate (Pottasium Chloride). Because it primarily contains the three necessary nutrients, synthetic macronutrient fertiliser is also known as artificial or straight fertiliser. N-P-K fertilisers that have been purposely combined with additional components are known as compound fertilisers. Fertilisers are classified based on the combination of these three variables. The crop depletes soil resources by removing a significant quantity of plant nutrients, particularly NPK nutrients, which are estimated to be 125 kg/ha/year at the current level of crop output, despite an annual input of only 75 kg. Excessive reliance on chemical fertilisers, as well as a disdain for the conservation and use of organic sources of nutrients, has resulted in soil nutrient depletion and soil health issues, making sustained gains in agricultural output difficult. 1. Organic fertiliser provides all of the nutrients required by plants, albeit in little amounts. 2. It aids in the preservation of the soil's C:N ratio while also enhancing fertility and productivity. 3. It improves the physical, chemical, and biological properties of the soil. 4. It improves the structure and texture of the soil. 5. It increases the water-holding capacity of the soil. 6. An increase in biological activity makes nutrients in the lower depths available to the plants. 7. It works as efficiently as possible, lowering soil moisture evaporation losses. India's principal agricultural products include pulses, wheat, rice, peanuts, potatoes, and onions. As a result of the country's ongoing population growth and rising need for food crops, the demand for fertilisers has increased. As a result of expanding urbanisation and diminishing arable land, Indian farmers are aggressively adopting fertilisers to enhance their production. Furthermore, the Indian government is pursuing measures and offering subsidies through KrishiVigyan Kendra (KVKs) to create high-quality seeds and cluster frontline demonstrations, which is driving up demand for fertilisers. The National Food Security Mission (NFSM), for example, is boosting food productivity through a number of projects. They also reduce the need for fertiliser imports, making it easier for India to create its own. Furthermore, governments are assisting farmers through a range of schemes and the introduction of new technology to manufacture better fertilisers at reduced prices, which is positively boosting market growth. During the following five years, the market is expected to grow at a CAGR of 4.8 percent (2022-2027). Organic fertilisers are made from human waste, animal waste, and vegetable materials (usually rotten or non-consumable by humans). Naturally occurring organic fertilisers include animal waste from meat processing factories, peat, slurries, manures, and guano. Organic fertilisers are less harmful to the environment because they are made from naturally occurring materials. Because many fertilisers find their way into human diets, adopting organic fertilisers reduces the risk of sickness. Some of the most popular organic fertilisers on the market include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion, alfalfa meal, feather meal, and rock phosphate. Once the nutritional requirements of the crop have been calculated, organic fertilisers are usually chosen. The coronavirus epidemic is wreaking havoc on Southeast Asia's fertiliser industry, disrupting fertiliser distribution both inside and between markets in the Asia-Pacific region. Malaysia has imposed a curfew, but fertiliser producing factories have been allowed to continue functioning due to their importance to the country's food supply. Industry Major Market Players • Borealis AG • Yara • Agrium Inc. • ICL • EuroChem Group AG • PhosAgro • CARBOTECNIA SL • Haifa Chemicals Ltd. • SKW Stickstoffwerke Piesteritz GmbH • J.R. Simplot Company
Plant capacity: 12 MT Per DayPlant & machinery: 114 Lakhs
Working capital: -T.C.I: Cost of Project:417 Lakhs
Return: 25.00%Break even: 53.00%
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Badminton Rackets Manufacturing Business

Badminton rackets manufacturing is a company that helps people learn to play badminton and provides them with the essential equipment. However, because beginning a Badminton Rackets manufacturing business from the ground up can be difficult, learning how to start your own Badminton Rackets manufacturing business may make sense if you are interested in this field. We'll go over some of the options for getting started. A racket, or racquet, is used to strike a shuttlecock in games such as squash, badminton, racquetball, badminton, and padel. A racket is a handled frame with an open hoop across which a network of strings is stretched firmly in its most basic form. Some rackets have a solid or perforated hitting surface instead of a network of strings. Such rackets are commonly referred to as paddles or bats. These games are collectively known as racket sports. Badminton rackets are light, with top-quality rackets weighing between 70 and 95 grammes. Modern rackets are made of carbon fibre composite (graphite reinforced plastic), which can be added with a variety of materials. Carbon fibre has a high strength-to-weight ratio, is stiff, and efficiently transfers kinetic energy. Prior to the use of carbon fibre composite, rackets were made of wood due to their enormous weight and cost. Although the game's laws regulate the size and shape of badminton rackets, there is a wide range of racket designs. Varied players choose rackets with different playing characteristics. Modern rackets increasingly include an isometric head shape, however the original oval head design is still available. Europe and the Americas have far less badminton lovers than Asia and Southeast Asia. It's very popular in the Nordic countries, especially Sweden. Indoor sports such as badminton are quite popular since the region is impacted by the region, the temperature is low, and the night is even in the winter. Badminton is a popular sport in other parts of Europe and the United States, but its financial potential is limited due to its small population base. The market will not grow much in a short period of time, despite the good development trend. The global badminton racket market was valued $580 million in 2018 and is predicted to reach $980 million by 2025, with a CAGR of 6.7 percent from 2019 to 2025. The purpose of this study is to define, segment, and predict the Badminton Racket market by company, product type, end user, and main geographic regions. Industry Major Market Players • Yonex • VICTOR • RSL • Lining • GOSEN • KAWASAKI • Carlton Sports • Wilson Sporting Goods • Babolat • Apacs Sports • COSCO India Ltd. • Silver Sports India
Plant capacity: 1000 Pcs Per Day Plant & machinery: 81 Lakhs
Working capital: -T.C.I: Cost of Project: 353 Lakhs
Return: 30.00%Break even: 64.00%
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Setup Curcumin Extraction Unit

Turmeric is a golden spice derived from the rhizomes of Curcuma longa, a member of the ginger family (Zingiberaceae). It is widely utilised in India for a variety of purposes, including health, food preservation, and textile dyeing. Underground horizontal stems that develop roots and branches are known as rhizomes. Turmeric's brilliant yellow colour comes from curcuminoids, fat-soluble polyphenolic pigments. Curcumin, the most active curcuminoid in turmeric, is widely acknowledged as the most active component. Demethoxycurcumin and bisdemethoxycurcumin are two additional curcuminoids discovered in turmeric. Turmeric has been used as a spice and colour in India for ages, as well as for medicinal purposes. Curcumin is the most physiologically active phytochemical in turmeric. Curcumin's molecular chemical formula is C21H20O6. Curcuminoids, which make up around 6% of organic turmeric, and yellow colouring principles, of which Curcumin makes up 50-60%, are the most important components. Because of its well-known health-promoting and disease-preventive characteristics, curcumin is extracted and studied. Curcumin purification from 95% to 100% does not boost bioavailability, but it does significantly increase manufacturing costs. Turmeric has a long history of usage in Indian medicine. To name a few of its qualities, it is stomachic, carnivore, tonic, blood purifier, vermicide, and antiseptic. Curcumin, turmeric's main ingredient, has been found to have a number of medicinal properties. It protects against free radical damage since it is a powerful antioxidant. Curcumin has also been proved to be an effective anti-inflammatory agent. It accomplishes this by lowering histamine levels in the body and maybe enhancing natural cortisone synthesis in the adrenal glands. Curcumin also defends the liver against a variety of toxins. Curcumin is a spice that gives a variety of meals their colour. A comprehensive list of such foods may be found in the Draft Codex General Standard for Food Additives. Dairy products, fats, oils, and fat emulsions, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces, and protein products, foodstuffs for specific nutritional purposes, beverages, ready-to-eat savouries, and composite foods are all allowed to contain curcumin. Curcumin is used at levels ranging from 5 to 500 mg/kg, depending on the dietary category. Turmeric has a long history of usage in Indian medicine. To name a few of its qualities, it is stomachic, carnivore, tonic, blood purifier, vermicide, and antiseptic. Curcumin, turmeric's main ingredient, has been found to have a number of medicinal properties. It protects against free radical damage since it is a powerful antioxidant. Curcumin has also been proved to be an effective anti-inflammatory agent. It accomplishes this by lowering histamine levels in the body and maybe enhancing natural cortisone synthesis in the adrenal glands. Curcumin also defends the liver against a variety of toxins. Curcumin is a spice that gives a variety of meals their colour. A comprehensive list of such foods may be found in the Draft Codex General Standard for Food Additives. Dairy products, fats, oils, and fat emulsions, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces, and protein products, foodstuffs for specific nutritional purposes, beverages, ready-to-eat savouries, and composite foods are all allowed to contain curcumin. Curcumin is used at levels ranging from 5 to 500 mg/kg, depending on the dietary category. Curcumin's market exceeded USD 70 million in 2020, with a CAGR of more than 11% expected between 2021 and 2027. Curcumin is a substance that is often used to treat cancer, Alzheimer's disease, and other serious illnesses. It's also used to treat cancer, arthritis, and viral infections, so the pharmaceutical sector will continue to want it. Curcumin's anti-inflammatory and antioxidant properties, as well as its use in ayurvedic medical formulations, will increase demand for curcumin-based nutritional supplements. Curcumin's benefits in decreasing depression, metabolic syndrome, and cholesterol management are expected to drive market growth throughout the forecast period. Industry Major Market Players • BioMax Life Sciences • Hebei Tianxu Biotech Co.,Ltd • JIAHERB, INC. • Synthite Industries Ltd • BioThrive Sciences • Herboveda India Pvt. Ltd • Sabinsa Corporation • The Green Labs LLC • WackerChemie AG • Hindustan Mint & Agro Products Pvt. Ltd. • Arjuna Natural Extracts Ltd. • SV Agrofood • Star Hi Herbs Pvt. Ltd. • Helmigs Prima Sehejtera P.T • SMP Nutra
Plant capacity: Curcumin Powder: 100 Kgs per day Turmeric Oil: 48 Kgs per day Deoiled Turmeric: 1,842 Kgs per dayPlant & machinery: 215 Lakhs
Working capital: -T.C.I: Cost of Project: 493 Lakhs
Return: 27.00%Break even: 64.00%
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Pre-Feasibility Report for Production Linear Alkyl Benzene Sulphonic Acid

Linear alkyl benzene sulphonic acid is the most extensively used synthetic surfactant due to its inexpensive cost, good performance, ability to be dried to a stable powder, and biodegradable environmental friendliness. An anionic surfactant, LAB Sulphonic Acid is extensively used in the manufacturing of household detergent powders, cake and dishwashing cleaners. Linear alkyl benzene sulfonic acids are complex mixtures of homologues of different alkyl chain lengths (C10 to C13 or C14) and phenyl positional isomers of 2 to 5-phenyl in proportions dictated by the starting materials and reaction conditions, each containing an aromatic ring sulfonated at the para position and attached to a linear alkyl chain at any position except the terminal one (1-phenyl). The physical and chemical properties of linear alkyl benzene sulfonic differ depending on the length of the alkyl chain, resulting in formulations for a variety of applications. LAS is the most extensively used synthetic surfactant due to its inexpensive production cost, outstanding performance, and ability to be dried to a stable powder. It's also biodegradable and safe for the environment. More than 80% of the time, LAS is used in the manufacturing of detergents. In textile production, it can also be employed as a wetting or dispersion agent. LAS can be used in both acidic and alkaline formulations and is available in liquid and powder form. It's also compatible with other surfactants. Because of its biodegradability and compatibility with other surfactants, LAS is an excellent candidate for detergent production. It can be mixed with other non-ionic and cationic surfactants to improve the cleaning ability of detergents. • HI&I (High-Intensity and Low-Intensity • Industrial auxiliaries • Oil fields • Agriculture • Emulsion polymerization • Metalworking • Paints & coatings • Laundry detergents An increase in demand for liquid detergents in various end-use industries such as food & beverage, textiles, and household across the globe is driving the global linear alkyl benzene sulfonic acid market. Linear alkyl benzene sulfonic acid has excellent foaming properties and helps remove stains by reducing the surface tension of the water. Other surfactants, such as alcohol ether sulphates (AES), compete with linear alkyl benzene sulfonic acid because they are more enzyme compatible, have a higher hard-water tolerance, and are softer. These factors are predicted to stymie the global market during the forecasted years. On the other hand, manufacturers of linear alkyl benzene sulfonic acid are likely to benefit from high AES prices and a scarcity of supply. Based on application, the market is split into Detergent, Emulsifier, Coupling Agent, and Agricultural Herbicides. Detergent Surfactants like linear alkylbenzene sulfonic acid can be found in laundry detergents and powders. It dissolves in water and forms foam, which helps remove dirt from garments by forming a lather. The primary purpose of adding Linear Alkylbenzene Sulfonic Acid to a detergent is to improve cleaning performance and extend the time a stain remains on garments. Emulsifier In detergents, LABSA (Linear Alkylbenzene Sulfonic Acid) is a synthetic emulsifier and wetting agent. Pharmaceuticals, food processing, oilfield chemicals, and water treatment chemicals are among the industries where it can be employed to improve product performance. Linear alkyl benzene sulfonic acid is used in pharmaceuticals, food processing, oilfield chemicals, and water treatment chemicals to improve the performance of their products. Coupler's Agent Alkylated phenols, such as octylphenol ethoxylates and nonylphenol ethoxylates, are mixtures of branched-chain tertiary alcohols with seven to nine carbon atoms and the formula: where R is a branched alkyl or alkenyl group, and the Linear Alkylbenzene Sulfonic Acid in Coupling Agent is used to make them. Nonionic surfactants created with linear alkylbenzene sulfonic acid include nonylphenol polyethylene glycol ethers (NPEs), octylphenol polyethylene glycol ethers (OPEs), and dodecyl phenol-polyoxyethylene(20)glycol ether. Agricultural Herbicides To control weeds, linear alkylbenzene sulfonic acid is utilised in agricultural herbicides. It's made from petroleum, shale oil, or coal tar, and it's used to make a range of different chemicals, including pesticide esters. It can be used to get rid of weeds in a field or on concrete surfaces, as well as to keep harmful plants from growing. Its active ingredient, sodium dodecylbenzene sulfonate (LABSA), destroys plant roots while also preventing them from sprouting in the future. The global Linear Alkyl Benzene Sulphonic Acid market was valued at USD 3606.9 million in 2020, and it is expected to grow at a CAGR of 3.5 percent from 2021 to 2027, reaching USD 4601.4 million by 2027. There are two forms of LABSA: LABSA 96 percent and LABSA 90 percent. As a result of LABSA's washing function, downstream application industries will require more LABSA goods. As a result, LABSA has a large market potential in the future. Manufacturers are attempting to enhance technologies in order to create LABSA with high purity and performance. Industry Major Market Players • CEPSA • Sasol • KAPACHIM • Stepan • SK • Fogla Group • New India Detergents • ISU Chemical • Solvay • Dada Surfactants • Huntsman • Kao • Tufail • Hansa Group • Miwon Chemical • NCSP • FUCC • Lion • Ho Tung • Nanjing Gige
Plant capacity: 60 MT Per DayPlant & machinery: 550 Lakhs
Working capital: -T.C.I: Cost of Project: 5190 Lakhs
Return: 27.00%Break even: 58.00%
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Tennis Rackets Manufacturing Business

During a game of tennis, a tennis racquet is used to hit a ball. As sports become increasingly vital in controlling body metabolism and developing physical strength, tennis is projected to rise in popularity among health-conscious people. A racket is a sport that consists of a handled frame and an open hoop across which a network of strings or catgut is stretched taut. In sports like tennis, it's used to hit a ball. Over the years, racket design and production have changed tremendously. Tennis equipment is the equipment that is required to play tennis. A racket, tennis ball, shoes, and a dress code are all required for the sport. Aside from the players, the tennis court necessitates the use of a net to divide each player's playing area. Rackets are made of a variety of metals and woods. There are no restrictions on the size or materials used in the construction of a racket. It has an oval head and a neck that gradually widens as it connects the narrow grip to the head of the racket. The head of the racket is tightly woven with strings of various materials, such as nylon, gut, or synthetic gut. The handles are covered in leather or nylon for a better grip. Between 2020 and 2030, the tennis racket market is estimated to reach a value of over US$ 700 million, rising at a CAGR of 3.5 percent. The tennis racket market has had a historical CAGR of about 1% during the period (2015-2019), and is predicted to reach a valuation of US$ 214 million by 2030, thanks to modest growth in mature nations such as North America and Europe. The participation of Millennials and Generation Z has increased. Millennials and Gen Z have had low discretionary spending for many years, and as a result, their leisure spending has been low as well. As these generations have grown older and gained more discretionary income, they have increased their spending on a range of activities. This has proven tremendously beneficial to the tennis industry's growth and demand for tennis equipment, and it is expected to continue to do so in the future. Investments in instilling a healthy lifestyle have increased in recent years. Governments and sports organisations have been at the forefront of change for many years. Efforts to expand sports participation, with a concentration on tennis, have been extensively recognised in nations such as India, the United Kingdom, and China. The tennis equipment industry is being driven by the growing popularity of tennis around the world. Tennis has grown in popularity around the world as a result of an increase in tournaments and promotional initiatives. Tennis is popular in many nations, including Australia, the United States, France, Germany, Russia, and Spain. Tennis has become more popular in Asia and the Pacific. The Commonwealth Games in New Delhi (India) in 2008 reinforced this popularity. As individuals become more aware of the benefits of sports in maintaining fitness and health, tennis participation has grown around the world. Tennis has also gained in popularity as a means of improving health in affluent countries such as Germany, France, and the United States, particularly among the elderly. It also offers other advantages, such as improving aerobic activities, lowering resting heart rate and blood pressure, boosting metabolic function, and increasing bone density. Cardio tennis is also becoming increasingly popular among people of all ages. It's a group exercise that incorporates a high-intensity workout, a warm-up, and a cardio workout to help you burn calories in a healthy way. Cardio tennis is an excellent method to stay current with fitness and group exercise trends. Industry Major Market Players • YONEX Co., Ltd. • Sumitomo Rubber Industries, Ltd. • HEAD • Babolat • Amer Sports • GAMMA Sports • PACIFIC Holding GmbH • Maus Frères SA • Authentic Brands Group LLC • Freewill Infrastructures Pvt. Ltd.
Plant capacity: 400 Pcs Per DayPlant & machinery: 81 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 30.00%Break even: 65.00%
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Production of Stainless Steel Cold Rolled Coil using Stainless Steel Scrap

Cold rolling is a work hardening treatment for stainless steel that is widely used to alter the metal's structure. Cold rolled stainless steel is utilised as a raw material in a variety of medical, aerospace, and automotive applications. Continue reading to learn more about cold rolled steel, including what it is, how it is manufactured, and what applications it can serve. Cold rolling steels' primary purpose is to reduce the thickness of hot rolled steel strips (usually 1.5 mm to 5 mm) to thinner thicknesses (normally 0.12 mm to 2.5 mm) that are impossible to achieve in a hot strip mill. Cold rolling is used to improve the surface polish of steels, improve thickness tolerances, provide a variety of 'tempers,' improve physical attributes, and prepare the strip for surface coating, among other things. Hot rolled steel strips are cold rolled at room temperature, below the temperature of recrystallization. In the cold rolling method, the hot rolled strip is usually not heated before being rolled. Frictional energy, on the other hand, is converted to heat at the contact surfaces of the strip. This heat might boost the temperature of the strip being rolled from 50 to 250 degrees Celsius in a rapid adiabatic process. Cold rolling of pickled hot rolled strip is achieved by passing steel strip through a rolling machine with an entry end reel for uncoiling the pickled hot rolled coil and an exit end reel for coiling the cold rolled strip. The cold reduction is done in the middle by one or more (typically up to six) rolling mill stands. Each mill stand uses vertically stacked rolls powered by huge motors to exert tremendous compressive stresses to the strip. Mill stands are available in heights of two, four, or six feet. Because they provide the most benefit over the other two types, 4-high stands are more typically used. Cold rolled steel, abbreviated as CRS, is well-known for being a ductile material that is ideal for precision applications. It's used in a wide range of products, including household appliances, furniture, lockers, and filing cabinets. Garages, steel sheds, and other industrial structures are typically constructed with CRS. A cold rolled stainless steel coil can be precision manufactured, allowing the metal to be made to extremely tight tolerances. By cold rolling stainless steel and work hardening it, we may achieve a variety of tempers, including quarter-, half-, and full hard. The hardness degree of steel is determined by the amount of cold work done on it. Quarter-, half-, and full-hard stock reductions are more significant (sometimes up to 50 percent ). This boosts the yield point while reducing the ductility of the steel. Quarter-hard steel can be bent back over itself without breaking, but half-hard steel can be bent at a 90-degree angle and full-hard steel at a 45-degree angle without breaking. In situations where the metal must be bent without breaking, cold rolled metal is typically used. Stainless steel cold rolled coil is used in construction, surgery, kitchen necessities, and other industries. External handrails and bannisters can be built of 304 stainless steel, which has good weldability and processing qualities. 316 stainless steel is perfect for kitchen essentials such as equipment, cutlery, and cookware, and it comes in a variety of shapes and corrosion resistance. 316L stainless steel is suited for high-consistency medical and surgical applications. The market for stainless steel strips is expected to rise due to its favourable properties such as corrosion resistance, enhanced formability, weld ability, and attractive appearance, resulting in increased demand from a variety of end-use sectors. Future growth opportunities for stainless steel strips are projected to be driven by rising demand for product penetration in consumer base products such as refrigerators, ventilation systems, dishwashers, sinks, and prep tables. The stainless steel strips market is expected to grow significantly in various applications in the following year. Supply disruptions and fluctuations in the cost of raw materials required to manufacture stainless steel strips, on the other hand, may impede the market's growth. The worldwide steel strips market has been significantly fragmented as a result of the strong presence of multinational corporations around the world, as well as the existence of a large number of local and regional market competitors. Because of the increasing growth of end-user sectors in Asia Pacific, such as construction and consumer goods, the region is expected to consume a large amount of the stainless strips market. Due to their quickly growing automotive, construction, and other manufacturing industries, India, China, and South Korea are projected to lead the market for stainless steel strips. Industry Major Market Players ? ArcelorMittal ? China Baowu Steel Group ? Nippon Steel and Sumitomo Metal ? JFE Steel Corporation ? Ansteel Group ? Tata Steel ? Hesteel Group ? POSCO ? Nucor Corporation ? Benxi Steel Group ? Shougang ? Shagang Group ? NLMK Group ? ThyssenKrupp ? JSW Steel Ltd ? Maanshan Steel
Plant capacity: Stainless Steel 202 Series Strip Coil (0.02 mm to 3 mm): 140.0 MT per day Stainless Steel 304 Series Strip Coil (0.02 mm to 3 mm): 100.0 MT per day Stainless Steel 405 Series Strip Coil (0.02 mm to 3 mm):93 MT per dayPlant & machinery: 24 Cr
Working capital: -T.C.I: Cost of Project: 83 Cr
Return: 28.00%Break even: 47.00%
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About NIIR PROJECT CONSULTANCY SERVICES

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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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