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

Sikkim is an Indian state situated in the Himalayas and is known to be landlocked. It is the least populous state in the country and the second smallest in area after Goa. In the past few years, the Sikkim Government has tried its level best to promote tourism in the state and has been successful in its task as well. The world's third highest mountain, Mt. Kanchenjunga, dominates this tiny Himalayan State with its beauty and majesty. The State is one of the 18 biodiversity hotspots in the world. It includes nearly one third of the total species of angiosperm found in the country; around 4,000 species of flowering plants; 300 species of ferns and allies; 144 species of mammals; 500 to 600 species of birds and so on. Rare Blue Sheep, Tibetan Mastiff, Yaks and Red Pandas are also found here. Such natural beauty along with ideal climatic condition of the State augurs well for the tourism industry. The green image of the State has made it an attractive investment destination.

It is a popular tourist destination owing to its culture, scenery and biodiversity. Kanchenjunga the world’s 3rd highest peak is the state’s highest point. The state’s economy is largely agrarian based on the terraced farming of rice, it also produces more cardamom than any other Indian state and is home to the largest cultivated area of cardamom. It lacks a large scale industrial base, brewing, distilling, tanning and watch making are the main industries. Noodle based dishes such as thukpa and chowmein are common, it is also the 3rd highest per capita alcoholism rate amongst all Indian states.

In Sikkim, agriculture is the main occupation of the inhabitants. Agriculture in Sikkim seems to be the basis of the socio-cultural pattern of the territory.

Sikkim is blessed by a fertile land that largely supports agriculture. The topography and the climatic condition of Sikkim is favorable for agriculture at Sikkim. Therefore, Sikkim witnesses a high yield every year. Among the chief crops grown in Sikkim are:

Wheat

Paddy

Maize

Barley

Buck wheat

Cardamom

Potatoes

Tea, etc.

It is noteworthy that Sikkim produces the highest amount of Cardamom in India. Sikkim is also known for housing the largest area of Cardamom field within the territory. Cardamom is among the two cash crops of Sikkim, besides potato. Sikkim is known for producing a special variety of tea that is known for its taste and quality throughout the world. One might come across a number of tea estates in Sikkim that form an integral part of Sikkim agriculture.

The important mineral resources of the state are copper-lead-zinc and silver reported in Bhotang, Rangpo and Dikchu in East Sikkim district. Occurrences of other minerals like dolomite, quartzite and steatite are reported in West Sikkim district. Limestone in North Sikkim district and Marble in East Sikkim and North Sikkim districts.

·         Bamboo and Cane Craft are deep rooted in traditional culture of the state.

·         Producer of Carpets of varied designs and high quality.

·         Handloom Products are famous for their beauty and intricate design.

·         Apparel and Garment making Unit at Barfok.

·         Carpet weaving at Makha.

·         Candle making at Namchi.

The above mentioned points proves that Northeast India has the potential to produce the country’s finest silk products, the same of which can be exported outside the country, elevating the economic standard and status of the Northeastern states besides putting Northeast in the cultural map of the world.

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Humic Acid

Humic acid is a principal component of Humic substances which are the major organic constituents of soil (humus), peat, coal, many upland streams, dystrophic lakes and ocean water. It is produced by biodegradation of dead organic matter. It is not a single acid, rather, it is a complex mixture of many different acids containing carboxyl and phenol ate groups so that the mixture behaves functionally as a dibasic acid or, occasionally, as a tribasic acid. Humic acids can form complexes with ions that are commonly found in the environment. Humic and folic acids are commonly used as a soil supplement in agriculture, and less commonly as a human nutritional supplement. As a supplement, folic acid is found in a liquid form with colloidal minerals. Agriculture: with high content of organic matters, natural Humic acid is the best additive for the organic fertilizer, raw material for hamates based fertilizers and also can be used as soil ameliorator, plant growth stimulator and fertilizer improver. Industry: used as oil drilling fluid stabilizer, cement and ceramic additive, wastewater treatment agent, cathodal plate additive for accumulator. The global Humic acid market is on track to grow to reach a market value of USD 973.06 Mn by the end of 2023. Humic acid is derived from Humic matter which is the result of chemical and biological mummification of plant and animal matter in tandem with microorganism activities. Humic acid is rich in essential nutrients, vitamins, and trace minerals which is immensely beneficial for the soil and can also be used in dietary supplements. Due to this farmers are increasingly employing the use of Humic Acid to enrich the soil and promote a healthy ecological balance which will, in turn, increase crop yield. Humic Acid not only has several benefits to the soil but can make up a key component of animal feed. Humus supplements increase milk production and increase nutrient absorption to increase feed efficiency in dairy cattle. Humic Acid can also help improve immune function and keep an animal healthy which, in the long run, can drastically reduce operational costs. With the rising demand for meat and milk, the meat industry has been booming, and this has resulted in an increased demand for Humic Acid for animal feed applications. In agricultural applications, the inconsistent quality of Humic products may hinder the growth of the Global Humic Acid Market. Moreover improper use of Humic Acid can have bad effects on the soil and plant growth. However, rising applications in wastewater treatment, as well as the use of Humic Acid as organic anodes for lithium and sodium ion batteries are expected to provide the market with high potential for future growth. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Agro Phos (India) Ltd. Basant Agro Tech (India) Ltd. Ghatprabha Fertilizers Pvt. Ltd. Indian Farmers Fertiliser Co-Op. Ltd. Karnataka Compost Devp. Corpn. Ltd.
Plant capacity: Humic Acid: 20 MT / DayPlant & machinery: Rs 169 lakhs
Working capital: -T.C.I: Cost of Project: Rs 726 lakhs
Return: 26.00%Break even: 50.00%
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Curcumin Extraction Unit

Curcumin is the main biologically active photochemical compound of Turmeric. It is extracted, concentrated, standardized and researched. Curcumin, which gives the yellow color to turmeric, was first isolated almost two centuries ago, and its structure as diferuloylmethane was determined in 1910. Extensive research within the last half a century has proven that its renowned range of medicinal properties, once associated with Turmeric, is due to Curcumin. Turmeric is a spice derived from the rhizomes of Curcuma long, which is a member of the ginger family (Zingiberaceae) and a gold-colored spice commonly used in the Indian subcontinent, not only for health care but also for the preservation of food and as a yellow dye for textiles. Rhizomes are horizontal underground stems that send out shoots as well as roots. Curcumin is extracted and researched for its renowned range of health-related and disease-preventing medicinal properties. Purification from 95% to 100% curcumin does not increase bioavailability of curcumin but the manufacturing costs are substantially higher. Hence 95% purity is available in markets. Curcumin is widely used to colour many foods. The Draft Codex General Standard for Food Additives provides an extensive list of such foods. Curcumin is listed for use in dairy products, fats, oils and fat emulsions, edible ices, fruit and vegetable products, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces and protein products, foodstuffs intended for particular nutritional uses, beverages, ready-to-eat savories and composite foods. Use levels of curcumin are in the range from 5 to 500 mg/kg depending on the food category. Global cancer drugs market has surpassed USD 100 billion valuation in 2015 and may reach nearly USD 145 billion by 2024, with U.S. being the major consumer. U.S. herbal dietary supplements market was over USD 6 billion valuation in 2015, with estimated gains at over 7.5%. Rise in consumer awareness related to over the counter availability owing to favorable government regulations should enhance curcumin demand. Curcumin production is mainly concentrated in India exceeding 78% of the global output. Changeable turmeric prices owing to unseasonal rainfall and environment hazards may impact curcumin market price trend. Pharmaceutical applications accounted for over 52% of the global curcumin market share. Effective and positive results from various diseases such as Alzheimer and gastric ailments are major reasons driving curcumin based supplements demand. Over the counter availability and approval from government should positively influence product demand in pharmaceutical market. Increasing application scope in food & beverages owing to rise in demand for natural colorant substance are another lucrative factor to favor product demand. However, large availability of synthetic colorant substance may restrain the market growth. Other potential applications include cyanide detection, solar PV and textiles. This facilitates the development of new technologies and ensures a high quality product. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Akay Flavours & Aromatics Pvt. Ltd. Arjuna Natural Extracts Ltd. Naturite Agro Products Ltd. Omniactive Health Technologies Ltd. Vinayak Ingredients (India) Pvt. Ltd. Synthite Industries Pvt. Ltd.
Plant capacity: Curcumin Powder : 100 Kgs / Day Turmeric Oil: 47.60 Kgs / Day Deoiled Turmeric: 1,842 Kgs / DayPlant & machinery: Rs 216 lakhs
Working capital: -T.C.I: Cost of Project : Rs 487 lakhs
Return: 27.00%Break even: 65.00%
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Ginger Oil

Ginger, one of the most important and oldest of spices used in every kinds of food preparation. The rhizomes known in the trade as hand or races reach the spice trade either, with the outer cortical layers intact (Coated unscripted ginger) or with the outer coating partially or completely removed. Ginger products, such as ginger oil is internationally commercialized for use in food and pharmaceutical processing. To improve their appearance some grades of ginger are bleached by various means by liming. Ginger oil is used in the treatment of fractures, rheumatism, arthritis, bruising, carbuncles, diarrhea, colic, cramps, nausea, hangovers, travel and sea sickness, colds and flu, sores on the skin, sore throat, catarrh, congestion, coughs, sinusitis, chills and fever. Ginger oil is a seasoning and flavors sweets, including cakes, cookies, breads, and beverages. Also used in lot of perfumery creation and blending with other essential oils. Ginger oil market is segmented on the basis of its applications in different industries as food and beverage industry, pharmaceutical, personal care industry and other applications. In food and beverage industry ginger oil is used for flavor and seasoning purpose, in confectionery beverages and bakery products .it is widely used as flavor for cake, cookies and biscuits, ginger snaps etc. In non-alcoholic beverages ginger oil market demand is high. Due to its medicinal properties ginger oil is being used in treatment of several disease conditions since long time. Looking at several applications of ginger oil in treatment of stomach problem such as nausea and vomiting, diarrhea, food poisoning, gastric ulcer, headache, asthma, migraine, inflammation and many more conditions, ginger oil is used in various pharmaceutical products. Ginger oil is essential in hair care for curing dandruff and used in personal care products. As ginger oil is stimulating and therefore relieves depression, mental stress, dizziness, exhaustion, restlessness and anxiety, thus used in aromatherapy and Ayurveda. Ginger oil market is further segmented on basis of extraction methods such as steam distillation and solvent extraction. Solvent extraction is used for the extraction of ginger oleoresin, and steam distillation is used to get ginger essential oil. The global ginger oil market is expected to grow at a CAGR of 9.41% over the forecast period to reach a total market size of US$189.431 million by 2025, increasing from US$110.435 million. Ginger oil is a kind of concentrated essential oil that is extracted from the ginger rhizome through a distillation process. Ginger oil has a warm, strong, and spicy aroma and it is useful for aromatherapy. Ginger oil is spicy and warming oil that comforts and stimulates the skin, body, and psyche. It is a flowering perennial and is considered as more gainful because of its higher Gingerol content, a constituent that is most reputable for its antioxidant and anti-inflammatory properties. Ginger oil has traditionally been accepted in Ayurveda medication to soothe emotional challenges such as anxiety, sadness, low self-confidence, and a lack of enthusiasm. The investments in research and development of the extraction process of ginger oil and product development are increasing significantly. The use of ginger oil in anti-wrinkle creams, shampoos, skincare products, and hair care products are already increasing steadily. Ginger oil has been found as a useful essential oil in animal feed supplements. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Enjayes Spices & Chemical Oils Ltd. Kancor Ingredients Ltd. Schaeffler India Ltd. Synthite Industries Pvt. Ltd. South East Agro Inds. Ltd. Enjayes Natural Flavours Ltd
Plant capacity: Ginger Oil: 100 Kgs / DayPlant & machinery: Rs 56 lakhs
Working capital: -T.C.I: Cost of Project: Rs 214 lakhs
Return: 29.00%Break even: 66.00%
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Disposable Plastic Syringes with Needles Manufacturing

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. The constantly increasing use of this type Syringe indicates its importance which is based mainly on the advantages it offers regarding cost and hygienic applications. The manufacture of plastic syringes has been developed to such a degree that the products now satisfy the requirements and standards set by Hospital and physicians. At the same time they offer the best possible technique of application to the physician and the highest possible degree of safety to the patient. Disposable needles are becoming more popular in the medical world due to its lower cost and higher accuracy. The procedure is also relatively easy and cheaper. The disposable needle has widely replaced hypodermic needle because of lower cost, easy compatibility and higher sterilization. Disposable needle is widely used by doctors for injection purpose with the help of syringes. With the increase in population in our country, requirement of medicine and injections has increased. A syringe is a medical device used for injecting fluids into the body, or to withdraw fluid from the body. A typical medical syringe has a needle attached to a hollow cylinder, which is fitted with a sliding plunger. By pushing the plunger in downward movement, the fluids are injected in a body, and retracting the plunger in upward direction extracts fluids from the body. The global prefilled syringes market size is expected to reach a value of USD 22.5 billion by 2025, according to a by Grand View Research, Inc. The market is estimated to expand at a CAGR of 11.2% during the forecast years. Growing usage of prefilled syringes and technological advancements in auto-injectors are the key factors driving the market. These syringes enable easy management of chronic diseases, such as diabetes and rheumatoid arthritis, which is expected to boost the usage of auto injectors and pen injectors during the forecast period. Thus, growing prevalence of diabetes and other chronic diseases would fuel the market demand over the next few years. The introduction of advanced devices with Wi-Fi and Bluetooth connectivity facilitating effective management of patient health records is also expected to boost the product demand. The global syringe market is expected to witness robust growth owing to several factors such as rise in demand for pre-filled syringes, growing prevalence of chronic diseases such as diabetes, increase in usage of Botox for therapeutic applications. Moreover, the growing number of vaccination and immunization programs are expected to drive strong volume growth over the next few years. Increased adoption of inject able drugs, technological advancements in syringes, increase in geriatric population and increase in demand for vaccination are some of the other factors contributing to the growth of the market. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Hindustan Syringes & Medical Devices Ltd. Lifelong Meditech Ltd. Schott Kaisha Pvt. Ltd. Disposable Medi-Aids Ltd. Peekay Mediequip Ltd.
Plant capacity: Disposable Plastic Syringes with Needle 1 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes with Needle 3 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes with Needle 5 ml Size) : 18,000 Nos / Day Disposable Plastic Syringes with Needle 10 Plant & machinery: Rs 108 lakhs
Working capital: -T.C.I: Cost of Project : Rs 498 lakhs
Return: 31.00%Break even: 44.00%
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NPK Fertilizer & Calcium Ammonium Nitrate

Fertilizers are used daily by farmers and families to help crops and gardens grow. Whether for a small garden of flowers and plants, or a large farm with thousands of acres of crops, a wide range of fertilizers have been developed to help different crops grow in different soil and weather conditions. Chemical ingredients help create fertilizers that promote plant growth and are cost effective, too. Commercial and consumer fertilizers are strictly regulated by both individual states and the government to ensure that they are safe for the people who use them, people nearby, and the surrounding environment. The India Fertilizer Market is a consolidated market with major players such as Coromandel International Limited, Indian Farmers Fertilizer Cooperative (IFFCO), Fertilizers and Chemicals Travancore (FACT), Deepak Fertilizers Limited and Chambal Fertilizers Limited, among others. The market is fragmented with a mix of government-owned and co-operatives garnering a high market share in the straight and complex fertilizer space and private companies engaged in a high degree of product innovation to tap the non-subsidy space. The NPK grade with the highest count in the new CRU fertilizer grade database is 15-15-15. As it dominates the other unique 1200 grades, it is unlikely to be challenged in 2020. Perhaps surprisingly, the second and third most offered grades from the database are NPK 18-18-18 and 20-20-20, both of which are water-soluble. The popularity of water-soluble fertilizers was palpably noticeable in 2019 where, for instance, many major Chinese phosphate producers that we visited on a research visit expressed interest in increasing tMAP production or building tMAP capacity. Many producers have plans to build more soluble capacity. The rise in fruit and vegetable cultivation as consumers become more health-conscious helps drive the change to compound fertilizers. Micro-irrigated areas are increasing to keep up with horticultural demand. Soluble compounds are still growing in popularity, and we expect this trend to continue in 2020. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under Basant Agro Tech (India) Ltd. Coromandel International Ltd Deccan Sales Corpn. Ltd. Deogiri Fertilisers Ltd. Khushhal Fertiliser Ltd. Madhuvan Chemicals & Fertilizer Ltd. Premier Fertilisers Ltd. Sikko Industries Ltd.
Plant capacity: NPK Fertilizer (19-19-19): 200 MT / Day Calcium Ammonium Nitrate : 200 MT / DayPlant & machinery: Rs 1746 lakhs
Working capital: -T.C.I: Cost of Project: Rs 5165 lakhs
Return: 26.00%Break even: 50.00%
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Fiber Optical Cables

A fiber cable is a structure for enclosing a fiber to enable it to maintain its performance for sufficient time in the operating environment in which it is required to work. One might envisage undemanding applications where a fiber with a simple coating might be perfectly adequate and would provide a high capacity cable of very small dimensions. However, cables more commonly have to operate in environments where a fiber with so little protection could not be expected to survive for long, even if it is possible to introduce the fiber into the environment without breakage. In general, then, we are concerned with a much sturdier structure. The cable will be required to withstand the forces upon it during storage, installation, and operation. During storage or transit it may be subjected to considerable heat from solar radiation, to extreme cold, and to rain or very high humidity. The global fiber optic cable market was valued at USD 7,578.1 million in 2019, and it is expected to reach USD 16,390.6 million by 2025, registering a CAGR of 14.5% during the period, 2020-2025. Increasing demand in FTTX and telecommunications industry and technological advancements are primarily responsible for the increased growth of the market. Major telecommunication operators and government authorities have delayed the installation of fiber optic cables on account of the spread of the COVID-19 pandemic, leading to the postponement of testing services. COVID-19 will lead to a sharp decrease in wire and cable demand globally throughout 2020 owing to the reduction in fixed investments, industrial activities, and private consumption. The US, China, and Europe have announced delays in 5G rollouts, with optical fiber cabling demand is likely to fall in 2020. Hence, this is going to impact the installation of fiber optic cables, leading to a decrease in their demand across the world. The market consumption over the last two years has been less than 6 Mn Km, Indian fiber manufacturing capacity is on a rise. Capacity for FOC (Fiber Optic Cable) manufacturing in India is approximately 8, 00,000 Cable KM. More global players are eyeing to setup their plants or have tie-ups in India. Thus India can domestically meet the upcoming requirements for National Optical Fiber Network. By types, the fiber optic cable market is segmented into single-mode and multi-mode. Single-mode fiber networks use wave-division multiplexing (WDM) to transfer to increase the data traffic to be sent among the strand. Multi-mode cables use WDM to transfer data at differing speeds to certain various types of customers. Entrepreneurs who invest in this project will be successful.
Plant capacity: Fiber Optical Cables: 3,333.3 K. Meters/DayPlant & machinery: Rs 1183 lakhs
Working capital: -T.C.I: Cost of Project: Rs 5070 lakhs
Return: 30.00%Break even: 61.00%
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Synthetic Camphor Powder

Camphor is a waxy, flammable, white or transparent solid with a strong aroma. It is a torpedoed with the chemical formula C10H16O. It is found in the wood of the camphor laurel (Cinnamomumcamphora), a large evergreen tree found in Asia and also of the unrelated kapur tree, a tall timber tree from the same region. It also occurs in some other related trees in the laurel family, notably Ocoteausambarensis. The oil in rosemary leaves (Rosmarinusofficinalis), in the mint family, contains 10 to 20% camphor, while camphorweed (Heterotheca) only contains some 5%. Camphor can also be synthetically produced from oil of turpentine. It is used for its scent, as an ingredient in cooking, as an embalming fluid, for medicinal purposes, and in religious ceremonies. Synthetic camphor is a plasticizer in paints and lacquers, and it stabilizes smokeless gunpowder pyrotechnics. For personal applications, synthetic camphor is found in such pharmaceuticals as antipruritics and anti-infective as well as in rubefacient medications that relieve pain and itching. It is also an ingredient in over-the-counter medications like cough remedies and ear drops. Used in the manufacture of cellulose nitrate, polyvinyl chloride and plastics. The global market for synthetic camphor is estimated to be valued at US$ 322.3 Mn by the end of 2018 and is expected to reach a market value of US$ 571.6 Mn by the end of 2028, expanding at a CAGR of 5.9% over the forecast period. The global market is anticipated to represent incremental opportunity worth US$ 249.3 Mn between 2018 and 2028. Synthetic camphor is used in production of insecticides such as moth repellants and mosquito repellants. With the rising awareness around the air purifying properties of synthetic camphor, the demand for synthetic camphor powder has seen an upsurge from the downstream producers of synthetic camphor tablets. Few manufacturers are also noted to offer synthetic camphor powder as well as tablets in addition to offering the two aforementioned grades of synthetic camphor. The increasing scope of applications of plastics has also proven to act in the favor of synthetic camphor as it is employed as a plasticizer in the production of celluloid and PVC plastics. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Camphor & Allied Products Ltd. Oriental Aromatics Ltd. Saptagir Camphor Pvt. Ltd. Vinayak Ingredients (India) Pvt. Ltd. KanchiKarpooram Ltd. Mangalam Organics Ltd.
Plant capacity: Synthetic Camphor Powder: 8 MT / DayPlant & machinery: Rs 315 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1152 lakhs
Return: 28.00%Break even: 52.00%
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Disposable Plastic Syringes

A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel) allowing the syringe to take in and expel a liquid or a gas through an orifice at open end of the tube. The open end of the syringe may be fitted with a hypodermic needle (a hollow needle commonly used with a syringe to inject substances into the body or extract fluids from it), a nozzle or tubing to help direct the flow into and out of the barrel. Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by research & development personnel. Disposable syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. Disposable syringes commonly are used in modern medicine for the injection of drugs and vaccines or for the extraction of blood. Among the common uses of disposable syringes are the injecting of insulin by a diabetic person and the administering of a local anesthesia by a dentist. A medical syringe that is used to give shots to more than one person without being properly sterilized is a potential source of disease. This can be an especially pressing concern in poor or undeveloped areas, where an injection often cannot be given under ideal medical conditions. The syringe market is expected to witness a robust growth owing to several factors, such as the rise in the demand for pre-filled syringes, growing prevalence of chronic diseases, such as diabetes, infectious diseases and cardiovascular diseases and the increase in the usage of Botox for therapeutic applications. Moreover, the increased adoption of inject table drugs, technological advancements in syringes, the increase in the geriatric population, growing number of vaccination and immunization programs are expected to drive the volume growth over the next few years. According to WHO estimates, around 16 billion injections are administered globally on an annual basis. On the other hand, the rise in the incidence of needle-stick injuries, a high cost associated with safety syringes, and disposable syringes are likely to hinder the growth of the syringe market globally. The Disposable Syringes market was valued at USD 7.10 billion in 2019 and is predicted to grow at a CAGR of 6.1% during the forecast period and is anticipated to reach USD 12.91 Billion by 2027. The growth of the market is attributed to growing prevalence of chronic diseases, especially diabetes, an increase in the usage of Botox, increased adoption of inject table drugs, technological advancements in syringes, an increase in the geriatric population, a growing number of vaccination and immunization programs. Based on the WHO estimates, 16 billion injections are administered each year globally. A Disposable Syringes is a medical tool used to administer injections of intravenous drugs into the patient’s blood stream or to draw blood sample. The rise in the population of geriatric patient, rising rate of diabetes across the world is another healthcare crises that drives the market growth. In addition, the convenience and practical approach in equipment handling is anticipated to boost the market during the forecast period. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Baxter Pharmaceuticals India Pvt. Ltd. Disposable Medi-Aids Ltd. Hindustan Syringes & Medical Devices Ltd. Novo Nordisk India Ltd. Schott Kaisha Pvt. Ltd. S O L Pharmaceuticals Ltd.
Plant capacity: Disposable Plastic Syringes 2 ml Size: 700 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 3 ml Size: 700 Boxes / Day (Each Box = 100 Pcs) Disposable Plastic Syringes 5 ml Size: 600 Boxes / Day (Each Box = 100 Pcs)Plant & machinery: Rs 420 lakhs
Working capital: -T.C.I: Cost of Project : Rs 981 lakhs
Return: 22.00%Break even: 53.00%
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Bamboo Paper Based Products Tissue Paper, Paper Bags & Plates

Tissue paper is produced by using the paper pulp of hardwood and softwood trees, water and chemicals. It is majorly used for hygiene and sanitation purposes as it is more suitable and convenient to use for cleaning and dry wet surfaces. In addition, tissue paper is the soft, absorbent and disposable paper which is used for multipurpose including cleaning face as most suitable alternatives to the washable handkerchiefs, toilet paper, table napkins, etc. Toilet paper comes in various plies or layers of thickness, from one-ply all the way up to six-ply, meaning that it is either a single sheet or multiple sheets placed back to-back to make it thicker, stronger and more absorbent. Facial tissue and paper handkerchief refers to a class of soft, absorbent, disposable papers that are suitable for use on the face. They are disposable alternatives for cloth handkerchiefs. Paper bags are widely used in clothing, food, shoes, gifts, alcohol, drugs and other areas of packaging. At present, we can use them a lot of paper divided into two types of mobile. Bamboos plates are eco-friendly are come from 100 percent bamboo. They are also both compostable within a quick 2-6 months depending on the product and the process used to create it. Bamboo is quickly becoming very popular due to its ease of growth and cultivation. It can grow in many kinds of climates and reproduces both quickly and easily. Increasing awareness regarding health and hygiene among the population is one of the key factors supporting the growth of the tissue paper market. The other key factors which are responsible for driving the tissue paper market include ease of use, cost-effectiveness and low penetration of tissue paper substitutes across the globe. Moreover, increasing women workforce has led to the growing usage of tissue paper products that will further boost the global tissue paper market. A rise in the healthcare expenditure and change in the lifestyle of consumers will propel the growth of the tissue paper market. In addition, booming tourism and hospitality industries will increase the demand for tissue paper globally. For instance, the transportation cost of tissue papers is increasing then its actual cost owing to the spread of the COVID-19 across the globe which will further impact the growth of the tissue paper market. However, fluctuation in raw material prices and increasing concern regarding the deforestation will hamper the growth of the global tissue paper market. Globally the organic tissue paper market is estimated to escalate at a higher growth rate which is supported by increasing demand of naturally biodegradable personal care products. Rising application of organic tissue paper for facial application is supporting the market growth. Availability of different product type and improved distribution channel is playing the key role for organic tissue paper market growth. All these factors contribute to the calculated CAGR of 4.2% of organic tissue paper market during 2017-2023. The Indian Paper Industry accounts for about 1.6% of the world’s production of paper and paperboard. The global paper industry is highly concentrated in the China, United States, Japan, Germany, Canada, Finland, Sweden & Indonesia which together accounted for more than 65% of total paper production. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under B & A Packaging India Ltd. Kimberly-Clark India Pvt. Ltd. Pudumjee Paper Products Ltd. Andhra Paper Ltd. Johnson & Johnson Pvt. Ltd. Nippon Paper Foodpac Pvt. Ltd.
Plant capacity: Tissue Paper per Packet 25 Pcs. each : 7,000 Pkts. / Day Paper Bag per Packet 10 Pcs. each : 7,200 Pkts. / Day Paper Plate per Packet 10 Pcs. each : 2,500 Pkts. / DayPlant & machinery: Rs 73 lakhs
Working capital: -T.C.I: Cost of Project : Rs 307 lakhs
Return: 27.00%Break even: 60.00%
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Tomato Products Tomato Ketchup, Sauce and Soup

Tomatoes are widely consumed and worldwide cultivated. They are one of the most important crops around the world. Tomato (Lycopersiconesculentum) belongs to the genus Lycopersicon under Solanaceae family. Tomato is an herbaceous sprawling plant growing to 1-3 m in height with weak woody stem. The flowers are yellow in colour and the fruits of cultivated varieties vary in size from cherry tomatoes, about 1–2 cm in size to beefsteak tomatoes, about 10 cm or more in diameter. Most cultivars produce red fruits when ripe. Tomato is a native to Peruvian and Mexican region. Tomato is indigenous to the Peru and Equator region in South America and it probably evolved from Lycopersiconesculentum var. cerasiforme, the cherry form. However, it was domesticated and first cultivated in Central America by early Indian civilizations of Mexico. Tomato is a valuable raw material used for processed products such as juice, puree, and paste, ketchup/sauce, and canned whole. The recent scientific advances have revolutionized tomato processing industries. Tomato ketchup, Soups and Sauce are all palatable foods, used in all hotels, restaurants and houses. Tomatoes sauce and ketchup can enhance the flavor of almost any cooked dish. Cooking tomatoes — such as in spaghetti sauce — makes the fruit heart-healthier and boosts its cancer-fighting ability. All this, despite a loss of vitamin C during the cooking process, substantially raises the levels of beneficial photochemical. Ketchup is a sweeter and diluted version of puree (Pulp). Tomato sauce tastes sweet and sour. Both sauce and ketchup are consumed with food and snacks. Tomato processing industry is huge. The only ketchup and sauce market in India is pegged at Rs 1,000 crore and growing at around 20% year-on-year. There is a big market for the processed tomato products. The market scenario has revealed a positive indication for the specially packed tomato sauce in local as well as outside market. Rapid urbanization has increased the use of processed tomato products. Fast food and ketchup are directly proportional to one another. The sweet and tangy taste provided by ketchup adds to the entire experience of a delicious or finger licking meal. Thus the rise in the demand for fast food has resulted in the rise in the demand for ketchup in India. With the growing patterns of fast food consumption in the country the need for ketchup is also increasing. According to a recent survey conducted by Down to Earth it is estimated that Indians spend about ` 4,449 crore a year in fast-food centers. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Adinath Agro Processed Foods Pvt. Ltd. Cremica Food Inds. Ltd. Nestle India Ltd Hindustan Unilever Ltd. Sublime Foods Ltd. Veeba Food Services Pvt. Ltd. Tropicana Beverages Co
Plant capacity: Tomato Ketchup (500 gms Size Glass Bottle) : 2,000 Kgs / Day Tomato Sauce (500 gms Size Glass Bottle): 2,000 Kgs / Day Tomato Soup (50 gms Size Pouch): 1,000 Kgs / DayPlant & machinery: Rs 387 lakhs
Working capital: -T.C.I: Cost of Project : Rs 686 lakhs
Return: 26.00%Break even: 57.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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