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

Automotive Industry: Project Opportunities in Tamil Nadu

 

PROFILE:

The automotive industry in India is one of the largest in the world and one of the fastest growing globally. India's passenger car and commercial vehicle manufacturing industry is the seventh largest in the world, with an annual production of more than 3.7 million units in 2010. Automotive industry is the key driver of any growing economy. It plays a pivotal role in country's rapid economic and industrial development. It caters to the requirement of equipment for basic industries like steel, non-ferrous metals, fertilisers, refineries, petrochemicals, shipping, textiles, plastics, glass, rubber, capital equipments, logistics, paper, cement, sugar, etc. It facilitates the improvement in various infrastructure facilities like power, rail and road transport. Due to its deep forward and backward linkages with almost every segment of the economy, the industry has a strong and positive multiplier effect and thus propels progress of a nation. The automotive industry comprises of the automobile and the auto component sectors.

 

RESOURCES:

Tamil Nadu is being popularly hailed as “Detroit” of India as it has a large Automobile and Ancillary sector. Automobile industry plays a crucial role in the State economy and has been one of the key driving factors, contributing 8% to State GDP and giving direct employment to 2,20,000 people. More than100 companies in the Automotive and Auto Ancillary industry are located in this state, maintaining highest production norms by implementing internationally recognized quality standards. Chennai has emerged as India's largest automobile and auto components exporter in India. Hyundai has made Chennai the manufacturing and export hub for its small cars. Tamil Nadu has the largest auto components industry base. Currently, Tamil Nadu accounts for above 32% of India's production capacity. Automobile manufacturers operate "Just - in-Time" avoiding inventory costs. The state has a well-developed automotive and auto component industry. It is the hub of Indian automobiles industry. Several automobile and automobile ancillary units are located in Tamil Nadu. It has manufacturing facilities across the automotive spectrum from tractors to battle tanks. Global auto majors like, Hindustan Motors and Mitsubishi have commenced production plants. Ashok Leyland and TAFE have set up expansion plants in Chennai. Fortune 500 companies such as Hyundai and Ford have established manufacturing facilities in the state.

 

GOVERNMENT POLICIES:

Government brought out a very innovative Policy "Ultra Mega Policy for Integrated Automobile Projects" that offers a very attractive package of support to automobile projects investing more than Rs.4000 Crores. As a result of this Policy, since May 2006, investments attracted by Tamil Nadu is automobiles & components manufacturing is Rs.21900 Crores, almost 5 times of the Investments attracted during previous 15 years (May 1991-April 2006). The total employment potential in these new projects is: 1.20 lakhs (direct + Indirect). Govt of India is currently implementing a project "National Automotive Testing R&D Infrastructure Project" (NATRIP) in Oragdam near Chennai at a project cost of about Rs.450 Crores. This project aims at facilitating introduction of world-class automotive safety, emission and performance standards in India as also ensure seamless integration of our automotive industry with the global industry.

 

Textile: Project Opportunities in Tamil Nadu

 

PROFILE:

The textile industry is primarily concerned with the production of yarn, and cloth and the subsequent design or manufacture of clothing and their distribution. The raw material may be natural or synthetic using products of the chemical industry. India Textile Industry is one of the leading textile industries in the world. Though was predominantly unorganized industry even a few years back, but the scenario started changing after the economic liberalization of Indian economy in 1991. The opening up of economy gave the much-needed thrust to the Indian textile industry, which has now successfully become one of the largest in the world.

RESOURCES:

Tamil Nadu has traditional strengths in the textile sector. In the post-quota abolition regime, the Textile Industry has tremendous opportunities for growth as well as challenges to be met. Availability of cotton at fair prices and at right quality, the backlog in modernization, supply of inputs particularly credit and power at reasonable rates etc. are all essential for the textile industry to be competitive in an increasingly uncertain trading environment. The Handlooms, Power looms, Hi-Tech Weaving Parks, Garments & Hosiery, Processing Apparel Park are important components of the textile industry.

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, 1995Government 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.

 

Leather: Project Opportunities in Tamil Nadu

 

PROFILE:

Leather Industry occupies a place of prominence in the Indian economy in view of its massive potential for employment, growth and exports. There has been increasing emphasis on its planned development, aimed at optimum utilisation of available raw materials for maximising the returns, particularly from exports.  The leather and leather products industry is one of India’s oldest manufacturing industries that catered to the international market right from the middle of the nineteenth century. The leather industry employs about 2.5 million people and has annual turnover of Rs. 25,000 crores. India is the third largest leather producer in the world after China and Italy

RESOURCES:

Leather industry in Tamil Nadu is considered to be very ancient and some say it is of more than two centuries old. The state accounts for 70 per cent of leather tanning capacity in India and 38 per cent of leather footwear and components. The exports from Tamil Nadu are valued at about US $ 762 million, which accounts for 42 per cent of Indian leather exports. Hundreds of leather and tannery industries are located around Vellore, Dindigul and Erode its nearby towns such as Ranipet, Ambur, Perundurai, Nilakottai and Vaniyambadi. The Vellore district is the top exporter of finished leather goods in the country. That leather accounts for more than 37% of the country's Export of Leather and Leather related products such as finished leathers, shoes, garments, gloves and so on. The tanning industry in India has a total installed capacity of 225 million pieces of hide and skins of which Tamil Nadu alone contributes to an inspiring 70%. Leather industry occupies a pride of place in the industrial map of Tamil Nadu. Tamil Nadu enjoys a leading position with 40% share in India's export.

GOVERNMENT POLICIES:

Government policies in support of the industry:

• The entire leather sector is now de-licensed and de-reserved, paving way for expansion on modern lines with state-of-the art machinery and equipment

• 100% Foreign Direct Investment and Joint Ventures permitted through the automatic route

• 100% repatriation of profit and dividends, if investments made in convertible foreign currency. Only declaration to this effect to the Reserve Bank is required.

• Promotion of industrial parks (one leather park in Andhra Pradesh, one leather goods park in West Bengal, one footwear park in Tamil Nadu and one footwear components park in Chennai).

• Funding support for modernizing manufacturing facilities 

• Funding support for establishing design studios

• Duty free import of raw materials (namely raw skins, hides, semi finished leather and finished leather) and of embellishments and components under specific scheme

• Concessional duty on import of specified machinery for use in leather sector

• Duty neutralization / remission scheme

Food Processing: Project Opportunities in Tamil Nadu

 

PROFILE:

India is the world's second largest producer of food next to China, and has the potential of being the biggest with the food and agricultural sector. The Indian food processing industry stands at $135 billion and is estimated to grow with a CAGR of 10 per cent to reach $200 billion by 2015. The food processing industry in India is witnessing rapid growth. In addition to the demand side, there are changes happening on the supply side with the growth in organised retail, increasing FDI in food processing and introduction of new products. India's food processing sector covers fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

RESOURCES:

Tamil Nadu has historically been an agricultural state and is a leading producer of agricultural products in India. In 2008, Tamil Nadu was India's fifth biggest producer of Rice. The total cultivated area in the State was 5.60 million hectares in 2009-10. The state is the largest producer of bananas, flowers, tapioca, the second largest producer of mango, natural rubber, coconut, groundnut and the third largest producer of coffee, sapota, Tea and Sugarcane. Tamil Nadu's sugarcane yield per hectare is the highest in India. Among states in India, Tamil Nadu is one of the leaders in livestock, poultry and fisheries production. Tamil Nadu had the second largest number of poultry amongst all the states and accounted for 17.7% of the total poultry population in India. With the third longest coastline in India, Tamil Nadu represented 27.54% of the total value of fish and fishery products exported by India in 2006.

GOVERNMENT POLICIES:

Tamil Nadu government has come out with following policies :

·         Raise in processed foods in the market from 1% to 10%.

·         Raise value addition levels from 7% to 30 %

·         Food processing industry is one of the growing areas identified for exports. Free Trade Zones (FTZ) and Export Processing Zones (EPZ) have been set up with all infrastructures. Also, setting up of 100% Export oriented units (EOU) is encouraged in other areas. They may import free of duty all types of goods, including capital foods.

·         Capital goods, including spares up to 20% of the CIF value of the Capital goods may be imported at a concessional rate of Customs duty subject to certain export obligations under the EPCG scheme, Export Promotion Capital Goods. Export linked duty free imports are also allowed.

·         Units in EPZ/FTZ and 100% Export oriented units can retain 50% of foreign exchange receipts in foreign currency accounts.

·         50% of the production of EPZ/FTZ and 100% EOU units is saleable in domestic tariff area.

Paper industry: Project Opportunities in Tamil Nadu

 

PROFILE:

Paper Industry in India is riding on a strong demand and on an expanding mood to meet the projected demand of 8 million tons by 2010 & 13 million tons by 2020. The Indian Paper Industry is a booming industry and is expected to grow in the years to come. The usage of paper cannot be ignored and this awareness is bound to bring about changes in the paper industry for the better. It is a well known fact that the use of plastic is being objected to these days. The reason being, there are few plastics which do not possess the property of being degradable, as such, use of plastic is being discouraged. Excessive use of non degradable plastics upsets the ecological equilibrium. The Paper industry is a priority sector for foreign collaboration and foreign equity participation upto 100% receives automatic approval by Reserve Bank of India. Several fiscal incentives have also been provided to the paper industry, particularly to those mills which are based on non-conventional raw material.

RESOURCES:

Tamil Nadu continues to be one of the forerunners in the production of paper and paper products. There are 74 paper mills in operation in Tamil Nadu. The total paper production was 3.7 lakh tonnes in 2005 06 which accounts for 17.30% share of the national production, next only to Andhra Pradesh.  As the country’s forest cover is much below the desired level, the Government of Tamil Nadu established TNPL in 1979 to manufacture newsprint and paper using bagasse (sugarcane waste) as the primary raw material. This is the largest paper mill in India with an installed capacity of 230,000 TPA. Tamil Nadu Newsprint and Papers Limited (TNPL) was established by the Government of Tamil Nadu to produce newsprint and writing paper using bagasse, a sugarcane residue.

GOVERNMENT POLICIES:

Several policy measures have been initiated in recent years to remove the bottlenecks of availability of raw materials and infrastructure development. To bridge the gap of short supply of raw materials, duty on pulp and waste paper and wood logs/chips have been reduced. In the year 1979, Government of Tamil Nadu established Tamil Nadu Newsprint and Papers Limited as a public limited company under the Companies Act, 1956. Commencing production in 1984, with the support of Government of Tamil Nadu, the company has made rapid strides and has emerged as the largest paper mill in India at a single location. With the on-going expansion plan to increase paper production capacity from the present 2.45 lakh tons to 4 lakh tons per annum, TNPL is poised to become a Rs.2000 crores company by 2011-12.

Cement Industry: Project Opportunities in Tamil Nadu

 

PROFILE:

India is the second largest producer of quality cement in the world. The cement industry in India comprises 139 large cement plants and over 365 mini cement plants. Industry's capacity at beginning of the year 2008-09 was 198.30 million tonne (MT) which increased to 219 MT at the close of the year. The initiatives provided by the Government of India to various infrastructure projects, road network and housing activities will provide required stimulus towards the growth of cement industry in India. Domestic demand for cement has been increasing at a fast pace in India & it has surpassed the economic growth of the country.

RESOURCES:

Tamil Nadu is a leading producer of cement in India. It has 13 major cement factories.  It is a home for leading brands in the country such as Chettinad Cements (Karur), Dalmia Cements (Ariyalur), Ramco Cements (Madras Cement Ltd.), India Cements (Sankakari, Ariyalur), Grasim etc. The production of cement in the State increased from 126 lakh tonnes in 2004-05 to 142.89 lakh tonnes in 2005-06 with a growth rate of 13.4% accounting for 10.08 % of cement production at the national level, occupying the 5th place.  However, it may be noted that, the cement production in the private sector has been showing an increasing trend whereas production in the public sector has decreased to 7.85 lakh tonnes from 8.06 lakh tonnes in the public sector for the corresponding period.

GOVERNMENT POLICIES:

Government policies have affected the growth of cement plants in India in various stages. The control on cement for a long time and then partial decontrol and then total decontrol has contributed to the gradual opening up of the market for cement producers. The prices that primarily control the price of cement are coal, power tariffs, railway, freight, royalty and cess on limestone. Interestingly, all of these prices are controlled by government. Cement industry consumes about 5.5bn units of electricity annually while one ton of cement approximately requires 120-130 units of electricity. Power tariffs vary according to the location of the plant and on the production process. The state governments supply this input and hence plants in different states shall have different power tariffs. Another major hindrance to the industry is severe power cuts.

 

Waste management: Project Opportunities in Andhra Pradesh

PROFILE:

Waste utilization, recycling and reuse plays a major role in limiting resource consumption and the environmental impact of waste. Recycling is an integral part of any waste management system as it represents a key utilization alternative to reuse and energy recovery (Waste-to-Energy). Which option is ultimately chosen depends on the quality, purity and the market situation. Hazardous waste management is a new concept for most of the Asian countries including India. The lack of technical and financial resources and the regulatory control for the management of hazardous wastes in the past had led to the unscientific disposal of hazardous wastes in India, which posed serious risks to human, animal and plant life.

 

RESOURCES:

Municipal Solid Waste (MSW) generation in Chennai, the fourth largest metropolitan city in India, has increased from 600 to 3500 tons per day (tpd) within 20 years. The highest per capita solid waste generation rate in India is in Chennai (0.6 kg/d). Chennai is divided into 10 zones of 155 wards and collection of garbage is carried out using door-to-door collection and street bin systems. The collected wastes are disposed at open dump sites located at a distance of 15 km from the city.  Recent investigations on reclamation and hazard potential of the sites indicate the need for the rehabilitation of the sites.  Chennai is the first city in India to contract out MSWM services to a foreign private agency- ONYX, a Singapore based company. The scope of privatization includes activities such as sweeping, collection, storing, transporting of MSW and creating public awareness in three municipal zones.  ONYX collects about 1100 Metric tons of waste from three zones per day and transports it to open dumps.

 

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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Lucrative Business Opportunities Production of Sodium Borohydride (sodium tetrahydridoborate) Using Trimethyl Borate.

Lucrative Business Opportunities Production of Sodium Borohydride (sodium tetrahydridoborate) Using Trimethyl Borate. Business Ideas in Chemical Industry Sodium borohydride is a white to grayish crystalline powder. It is decomposed by water to form sodium hydroxide, a corrosive material, and hydrogen, a flammable gas. The heat of this reaction may be sufficient to ignite the hydrogen. The material itself is easily ignited and burns vigorously once ignited. It is used to make other chemicals, treat waste water, and for many other uses. Sodium borohydride is an inorganic sodium salt and a metal tetrahydridroborate. Sodium borohydride (NaBH4) is the most commonly available borohydride, synthesized by reacting methyl borate with sodium hydride in mineral oil. It is employed as a precursor for producing other metal borohydride. Various approaches for qualitative and quantitative monitoring of sodium borohydride have been explained the potential of NaBH4 to store as well as generate hydrogen for fuel cells has been investigated. Projects- Project Reports & Profiles Preparation Sodium borohydride is prepared by reacting sodium hydride with trimethyl borate at about 250°C: 4 NaH + B (OCH3)3 ? NaBH3 + 3NaOCH3 Also, sodium borohydride can be made by passing diborane, B2H6, through a solution of sodium methylate, NaOCH3, in methanol: 2B2H6 + 3NaOCH3? 3NaBH3 + B (OCH3)3 Alternatively, diborane may be be passed through a solution of sodium tetramethoxyborohydride at low temperatures: 3 NaB (OCH3)3 + 2B2H6 ? 3NaBH3 + 4B (OCH3)3. Uses Sodium borohydride (NaBH4) is a versatile reducing agent used in a number of industrial processes. Major applications include organic and pharmaceutical synthesis, wastewater treatment, and paper pulp bleaching. Sodium borohydride plays such a significant role in organic synthesis. It is a good reducing agent which has stable performance and selective reduction. It can be used as the reducing agents of aldehydes, ketones and acid chlorides; also as foaming agent for plastic materials, hydrogenating agent of making dihydrostreptomycin, intermediate of making potassium borohydride, raw materials in synthesizing borane, as well as the treatment agent of paper industry and mercury-containing waste water. Related Projects: - Chemicals (Organic, Inorganic, Industrial) Projects Sodium borohydride provides organic chemists a very convenient and mild means for reduction of aldehydes and ketones. Before this, people usually use metal/alcohol approach to reduce carbonyl compound. Sodium borohydride enables the reduction of carbonyl of aldehydes and ketones under very mild conditions to produce primary alcohols and secondary alcohols. Reduction procedure is as below: First dissolve the substrate in a solvent (typically methanol or ethanol), then cool with an ice bath. Finally add sodium borohydride powder to the mixture until the reaction is completed. The reaction process can be monitored by thin layer chromatography. If the solvent is not an alcohol, we need to additionally supply methanol or ethanol along with the reaction. Sodium borohydride is a reducing agent with medium strength, and thus exhibiting good chemical selectivity. It only reduces active aldehyde and ketone carbonyl group, and does not react with the ester, amide. Production Methods Sodium borohydride boric acid ester method: Pour boric acid and appropriate amount of methanol to distillation kettle, slowly heated at 54 °C for total reflux 2h. Then collect the azeotropic liquid of methyl borate and methanol solution. After treatment of azeotropic liquid by sulfuric acid, using fine distillation can yield relative pure product. Feed sodium hydrogen obtained with reaction between hydrogen gas and sodium into the condensation reaction tank. Heat with stirring to about 220 °C and then begin to add boric acid ester. Stop heating once the temperature reaches 260 °C; Keep the feed temperature below 280 °C, continue the stirring after the addition of boric acid ester to ensure the thorough reaction. After the completion of reaction, cool the temperature below 100 °C, centrifuge to obtain a condensation product pellet. Add an appropriate amount of water to the hydrolysis reactor and slowly transfer the filter pellet into the hydrolysis reactor, keep the temperature lower than 50 °C, heat to 80 °C after the complete of adding the filter pellet. Centrifuge and separate, transfer the hydrolysis solution to stratification vessel to keep still for 1h for automatic layering. The hydrolysis solution in the lower layer corresponds to sodium borohydride. The reaction formula is as below: H3BO3+3CH3OH?B (OCH3)3+3H2O 2Na+H2?2NaH 4NaH+B (OCH3)3?NaBH4+3CH3ONa Related Books: - Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals Market Outlook In the textile industry, Sodium Borohydride used in combination with sodium bisulfite, and it is used instead of replacement for Sodium Hydrosulfite in vat dyeing, indigo dyeing, color stripping, reductive clearing, machine cleaning and many other applications where a stable, environmentally desirable reducing agent is required. In organic chemical purification, Sodium Borohydride improve the color, odor and stability of organic chemicals. Sodium Borohydride works by reducing ketones, aldehydes, peroxides and metal impurities that can lead to color, odor and product instability. The global Sodium Borohydride market is valued at 536.3 million USD in 2020 is expected to reach 881.9 million USD by the end of 2026, growing at a CAGR of 7.3% during 2021-2026. Pulp & Paper is expected to be the major segment during the forecast period, however pharmaceuticals is anticipated to grow at highest CAGR compare to other end-use segments. Increase in research & development activities in pharmaceutical for inventing different medicinal drugs and usage of sodium borohydride as hydrogen carrier in fuel cell is estimated to offer major opportunities to the sodium borohydride market in the next few years. Sodium borohydride is an inorganic compound sold as a white crystalline powder or in an aqueous solution. This compound is widely used in laboratories and other technical applications. The function of sodium borohydride is to act as a polyvalent reducing agent. Related Videos:- Chemicals (Organic, Inorganic, Industrial) Sodium Borohydride Market Drivers: The sodium borohydride market is increasing due to the growing demand of the pharmaceutical industry, which is an important raw material for the manufacture of various pharma products. The intensification of antibiotic research and development efforts is a reason to raise awareness in the health sector. These are the determining factors that will boost the demand for sodium borohydride in the coming years. In addition, the demand for innovative technologies such as hydrogen on demand has increased significantly, offering huge opportunities for the sodium borohydride market in the coming years. In addition, the expansion of the pulp and paper industry that requires high quality sodium borohydride has helped increase market revenues. Market Research Reports :- Market Research Reports, India and Global Industry Analysis ,Market Trends, Market Insight, Market structure, Market Outlook, Indian Industry Size, Share, Trends, Analysis and Forecasts report, Sector Growth Driver, Company Profiles The product is also used in the synthesis of gold nanoparticles, which are used in various fields such as electron microscopy, chemotherapy, radiotherapy, medical research etc. Gold nanoparticles industry is expected to grow by over 25% CAGR in the forecast period which will drive the sodium borohydride market. Key Players Examples of some of the key players identified across the value chain of the Global Sodium Borohydride market are: Zhangjiagang City Jinyuan Biochemical Co., Ltd, Jiangsu Huachang Group Co., Ltd, Shandong Guobang Pharmaceutical Co., Ltd, JSC Aviabor, Vertellus Holdings LLC, The Dow Chemical Company, Nantong Hongzhi Chemical Co., Ltd, Montgomery Chemicals, Kemira, Demosha Chemicals Pvt. Ltd, Finar Ltd, Gulbrandsen Chemicals Pvt. Ltd, Gulshan Chemicals Ltd, Tags:- #sodiumborohydride #SodiumHydride #TrimethylBorate #ChemicalIndustry #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #startupbusinessideas #startupideas
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Business Ideas for Holiday Resort (Three Star Grade).

Business Ideas for Holiday Resort (Three Star Grade). Investment Opportunities for Entrepreneurs in the hospitality industry A three-star hotel isn't too cheap or too fancy; it's just right. The owners want guests to feel relaxed and comfortable in their rooms without needing to spend too much money. There are typically restaurants and bars on-site, as well as assistance bringing your baggage to your room. The rooms are generally larger, more comfortable and with more furniture. Three-star hotels ordinarily have some unique amenities and provide quality service. Related Projects- Project Reports & Profiles General Facilities for 3 Star Hotel: Full-time operation 7 days a week in season. Establishment to have all necessary trading licenses. Establishment to have public liability insurance. 24 hr. lifts for buildings higher than ground plus two floors. Bedrooms, Bathroom, Public areas and kitchen fully serviced daily. All floor surfaces clean and in good shape. Floors can be of any surface or materials. Power backup or Diesel Generator - DG sets. Market Outlook Indian Market The Indian tourism and hospitality industry has emerged as one of the key drivers of growth among the services sector in India. Tourism in India has significant potential considering the rich cultural and historical heritage, variety in ecology, terrains and places of natural beauty spread across the country. Tourism is also a potentially large employment generator besides being a significant source of foreign exchange for the country. As of 2019, 4.2 crore jobs were created in the tourism sector in India, which was 8.1 per cent of the total employment in the country. The number is expected to rise by two per cent annum to 52.3 million jobs by 2028. Books -BOOKS & DATABASES India is one of the fastest emerging tourist destinations in the world. With beautiful varying landscapes from beaches to snow-clad mountains with diverse culture, traditions and cuisines, the country has plenty to offer for international and domestic tourists alike. Moreover, awareness and marketing initiatives such as the Incredible India campaign along with the newly introduced e-visa options, help make travelling to India more accessible for international tourists. India is the most digitally-advanced traveler nation in terms of digital tools being used for planning, booking and experiencing a journey, India’s rising middle class and increasing disposable incomes has continued to support the growth of domestic and outbound tourism. Related Videos:- Travel, Tourism, Hotel, Projects Indian Hotel Industry's room rates are most likely to rise 25% annually and occupancy to rise by 80%, over the next two years. 'Hotel Industry in India is gaining its competitiveness as a cost effective destination. The 'Hotel Industry' is likely to add about 60,000 quality rooms, currently in different stages of planning and development. Government Initiatives The Indian Government has realized the country’s potential in the tourism industry and has taken several steps to make India a global tourism hub. Some of the major initiatives planned by the Government of India to boost the tourism and hospitality sector of India are as follows: Ministry of Tourism launched DekhoApnaDesh webinar series to provide information on many destinations and sheer depth and expanse on the culture and heritage of India. Ministry of Tourism launched Audio Guide facility App called Audio Odigos for 12 sites in India (including iconic sites). Prime Minister, Mr Narendra Modi urged people to visit 15 domestic tourist destinations in India by 2022. Statue of Sardar Vallabhbhai Patel, also known as ‘Statue of Unity’, was inaugurated in October 2018. It is the highest standing statue in the world at a height of 182 metre. It is expected to boost the tourism sector in the country and put it on the world tourism map. Government of India is working to achieve one per cent share in world's international tourist arrivals by 2020 and 2 per cent share by 2025. Under Budget 2020-21, the Government of India has allotted Rs 1,200 crore (US$ 171.70 million) for development of tourist circuits under Swadesh Darshan for eight Northeast states. Related Projects: - Hotel and Hospitality Projects Under Budget 2020-21, the Government of India has allotted Rs 207.55 crore (US$ 29.70 million) for development of tourist circuits under PRASHAD scheme. In 2019, Government reduced GST on hotel rooms with tariffs of Rs 1,001 (US$ 14.32) to Rs 7,500 (US$ 107.31) per night to 12 per cent and those above Rs 7,501 (US$ 107.32) to 18 per cent to increase India’s competitiveness as a tourism destination. In September 2019, Japan joined a band of Asian countries, including Taiwan and Korea among others, to enter India’s tourism market. Achievements Following are the achievements of the Government during 2019-20: During 2019-20, an additional fund Rs 1,854.67 crore (US$ 269.22 million) was sanctioned for new projects under the Swadesh Darshan scheme. Ministry of Tourism sanctioned 18 projects covering all the North Eastern States for Rs 1,456 crore (US$ 211.35 million) to develop and promote of tourism in the region under Swadesh Darshan and PRASHAD schemes. Statue of Sardar Vallabhbhai Patel, also known as ‘State of Unity’, was inaugurated in October 2018 and the total revenue generated till November 2019 stood at Rs 82.51 crore (US$ 11.81 million). Market Research Report- Market Research Report Kay Players Advani Hotels & Resorts (India) Ltd. Alchemist Hospitality Group Ltd. Bekal Resorts Devp. Corpn. Ltd. Cambay Hotels & Holidays Ltd. Clover Residency Pvt. Ltd. Manipal Integrated Services Pvt. Ltd. Leela Palaces & Resorts Ltd. Jungle Lodges & Resorts Ltd. Tags:- #HolidayResort #3StarHotel #hospitality #businesshotel #ThreeStarHotel #servicesector #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #ProjectReport
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Manufacturing of Ascorbic Acid. Opportunities for Entrepreneurs to Start Own Business in Vitamin C Industry.

Manufacturing of Ascorbic Acid. Opportunities for Entrepreneurs to Start Own Business in Vitamin C Industry. Ascorbic Acid could be a natural water-soluble vitamin (Vitamin C). Ascorbic acid could be a potent reducing and antioxidant agent that functions in fighting bacterial infections, in detoxifying reactions, and within the formation of scleroprotein in fibrous tissue, teeth, bones, connective tissue, skin, and capillaries. Found in citrus and other fruits, and in vegetables, vitamin c cannot be produced or hold on by humans and should be obtained within the diet. Project Reports:- Project Reports & Profiles Ascorbic Acid (vitamin c) Injection is a sterile solution. Every ml contains: ascorbic acid (vitamin c) 250 mg and Edetate Disodium 0.025% in Water for Injection sq. Prepared with the help of Sodium bicarbonate. Sodium hydroxide and/or hydrochloric acid could are used to adjust ph. Uses Ascorbic acid (vitamin C) is used to prevent or treat low levels of vitamin c in folks that don't get enough of the vitamin from their diets. Most of the people who eat a normal diet do not want additional ascorbic acid. Low levels of vitamin c may end up in a condition called scurvy. Scurvy could cause symptoms similar to rash, muscle weakness, joint pain, tiredness, or tooth loss. Vitamin C plays an important role within the body. It’s needed to take care of the health of skin, cartilage, teeth, bone, and blood vessels. It is also used to protect your body's cells from damage. It’s referred to as an antioxidant. Ascorbic Acid (vitamin C) is used to forestall or treat low levels of vitamin c in people that don't get enough of the vitamin from their diets. Most people who eat a normal diet do not want extra ascorbic acid. Low levels of vitamin c may end up in a condition called scurvy. Scurvy could cause symptoms similar to rash, muscle weakness, joint pain, tiredness, or tooth loss. Ascorbic Acid might also be used with different vitamins for a certain status (macular degeneration). Ascorbic Acid is on the market under the following different whole and different names: Cenolate, and vitamin c. It is used to treat or prevent vitamin C deficiency. It is used to treat scurvy. Tablets, chewable tablets, soluble tablets Dietary Supplement Urinary Acidification Scurvy Related Projects:- Chemicals (Organic, Inorganic, Industrial) Projects Significance Vitamin C is an essential nutrient for certain animals as well as humans. The term vitamin c encompasses several vitamins that have vitamin c activity in animals. Ascorbate salts such as sodium ascorbate and calcium ascorbate are utilized in some dietary supplements. These release ascorbate upon digestion. Ascorbate and ascorbic acid are both naturally gift within the body, since the forms interconvert per ph. Oxidized forms of the molecule similar to dehydroascorbic acid are converted back to ascorbic acid by reducing agents. Vitamin C functions as a cofactor in many enzymatic reactions in animals (and humans) that mediate a variety of essential biological functions, together with wound healing and albuminoidal synthesis. In humans, vitamin c deficiency leads to impaired collagen synthesis, contributing to the lot of severe symptoms of scurvy. Another biochemical role of vitamin c is to act as an antioxidant (a reducing agent) by donating electrons to various enzymatic and non-enzymatic reactions. Doing so converts vitamin c to an oxidized state - either as semi dehydroascorbic acid or dehydroascorbic acid. These compounds are often restored to a reduced state by glutathione and NADPH-dependent enzymatic mechanisms. In plants, vitamin c may be a substrate for ascorbate peroxidase. This enzyme utilizes ascorbate to neutralize excess hydrogen peroxide (H2O2) by converting it to water (H2O) and oxygen Sources of Ascorbic acid Ascorbic acid is widely distributed in contemporary fruits and vegetables. It’s present in fruits like orange, lemons, grapefruit, watermelon, papaya, strawberries, cantaloupe, mango, pineapple, raspberries and cherries. It’s conjointly found in inexperienced leafy vegetables, tomatoes, broccoli, green and red peppers, cauliflower and cabbage. Most of the plants and animals synthesize ascorbic acid from D-glucose or D-galactose. A majority of animals turn out relatively high levels of ascorbic acid from glucose in liver but, guinea pigs, fruit eating bats, apes and humans cannot synthesize ascorbic acid to the absence of the protein L-gulonolactone oxidase. Hence, in humans ascorbic acid has got to be supplemented through food and or as tablets. Market Research Report- Market Research Reports Ascorbic acid could be a labile molecule, it may be lost from foods during cooking/processing even though it has the ability to preserve foods by virtue of its reducing property. Synthetic ascorbic acid is on the market during a wide variety of supplements viz., tablets, capsules, chewable tablets, crystalline powder, effervescent tablets and liquid form. Buffered ascorbic acid and esterified variety of ascorbic acid as ascorbic palmitate is additionally on the market commercially. Both natural and synthetic ascorbic acid are chemically identical and there are not any known differences in their biological activities or bio-availability. Market Outlook The Ascorbic Acid market is projected to grow at a rate of 5.2% from USD 1.04 Billion in 2019 to reach USD 1.63 Billion by 2027. Increasing health awareness, wide application base and rising demand from the pharmaceutical and food & beverages industry are the key factors that have paved way for the growth of the global Ascorbic Acid market. The paradigm shift from clean-label food and beverage products to dietary supplements has led to the emergence of many manufacturers offering clean-labeled vitamin C supplements to consumers seeking antioxidant support for immune health through supplements. As a result of this, the demand for ascorbic acid has increased in the pharmaceutical and healthcare industry. Two grades of ascorbic acid are available in the market, viz. food &pharmaceutical and industrial. On the basis of application, the global ascorbic acid market has been segmented into six segments – food & beverage, pharmaceutical, chemical, personal care, agriculture and others. Superior Functional Attributes of Ascorbic Acid to Propel Market Growth The global ascorbic acid market is expected to witness profitable growth within the coming back years, because of the significant demand from various end-use industries like chemical, food & beverage, cosmetics, agriculture, pharmaceutical, and others. Shifting preferences towards healthy foods, as well as nutrition supplements, are contributing to the growing prominence of vitamin C/ascorbic acid in various applications, such as in skin products, healing injuries and hindrance of infections and to improve the absorption of iron from food, reduce the chance of chronic diseases, enhance immune health, and control blood pressure. Related Projects: - Chemicals, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture, Vermicompost Chemical & Allied Industries and Alcohol Projects Additionally, ascorbic acid is required for the growth, development, and repair of all body tissues and to carry out body functions such as the creation of collagen and maintenance of cartilages, bones and teeth. As per health expert recommendations, ascorbic acid is considered as one of the safest and most beneficial nutrients, which in turn is expected to drive the world ascorbic acid market with a healthy growth rate during the forecast period. Global Ascorbic Acid Market: Key Trends The market is expected to grow as growing vitamin deficiency concerns, lack of healthy natural agricultural produce, changing lifestyle is expected to drive demand for the worldwide Ascorbic acid market. The market is additionally expected to receive a lift from cost-effective manufacturing in China and Asia-Pacific. Demand for ascorbic acid is additionally growing as a substitute for low-calorie sweetener. Ascorbic acid has been traditionally involving higher fertility in various cultures round the world. Growing analysis proves that there is a correlation between supplement intakes and higher sperm count. Ascorbic acid also can emerge as an answer to infertility within the close to future. This can be a significant opportunity for market players as ascorbic acid supplements will help a smokers and different unhealthy individual keep healthy at very little further value in the near future. Ascorbic acid market is predicted to grow, because the acid is increasing being used as an artificial additive. Newly introduced EU regulations and FDA approval for higher quantities in diets is expected to become a significant boost for the market. Related Books: - Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals The growing demand for skincare products is also expected to drive the worldwide ascorbic acid market. Concerns over global warming, increased risks of skin cancers and different ailment is expected to drive various segments in cosmetic segment. Ascorbic acids and its salts facilitate hamper skin deterioration. Its positive impact on aging and wrinkles is expected to drive the market. The factors that are taking part in a major role within the growth of vitamin c (Ascorbic Acid) Market are rising demand for potassium, Ca and Na salts of ascorbic acid as an antioxidant food additive. On the opposite hand, price fluctuations and uncertain raw material supply are the factors restraining overall market growth. Key dynamics Ascorbic acid finds various applications within the food as well as pharmaceutical sectors. Within the food and beverage business, ascorbic acid is used as a protein supply in various food items. The growing demand for food and beverage products from emerging economies, similar to India and China, is expected to drive the concerned market throughout the forecast period. This growth in population is anticipated to make a large demand for food and beverage products, which, in turn, can drive the worldwide ascorbic acid market throughout the forecast period. The intake of vitamin c has doubled within the previous few decades because of growing awareness about health edges of vitamin c. ascorbic acid could be a smart source of vitamin c. As a results of these factors, the worldwide ascorbic acid market is expected to witness lucrative growth throughout the forecast period. Scope of the Global Vitamin C (Ascorbic Acid) Market The biggest consumer of this food additive is food and beverage industry, which counted about 60%; pharmaceutical industry count about 30% of the total demand. The price of ascorbic acid has increased steadily for several reasons. Factories in China that produce ascorbic acid are seriously considering price increases. Prices began to increase substantially. Ascorbic acid factories are underfunded due to the low price in recent years, resulting in a strong desire to raise prices. the Vitamin C (Ascorbic Acid) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This categorizes the market based on manufacturers, regions, type and application. Related Videos:- Chemicals (Organic, Inorganic, Industrial) Key Players in the Global Ascorbic Acid Market The global ascorbic acid market some of the major players in the ascorbic acid market across the world, such as Sigma-Aldrich Corporation (Merck), Koninklijke DSM N.V., Northeast Pharmaceutical Group Co., Ltd., CSPC Pharmaceutical Group Limited, MUBY CHEMICALS, Shandong Luwei Pharmaceutical, North China Pharmaceutical Co. Ltd, Glanbia Nutritionals China (Suzhou) Co., Ltd, LabChem Inc., and China BBCA Group Corporation, Merck KGaA, Koninklijke DSM N.V., Northeast Pharmaceutical Group, Shandong Luwei Pharmaceutical, Foodchem International Corporation among others. Tags:- #ascorbicacid #pharmaceutical #vitaminc #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness #Chemicalindustry #SodiumAscorbate #startupideas
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Market Research Report on India Active Pharmaceutical Ingredient (API)

Market Research Report on India Active Pharmaceutical Ingredient (API) Market, Growth Rate, Covid-19 Impact, Economic Impact, Size, Share, Trend, Drivers, Competitive Landscape, Opportunity, Limitations, Technological Landscape, Regulatory Framework, PESTEL Analysis, PORTER’s Analysis, Forecast upto 2027 Market by Manufacturing Process (Captive Manufacturing, Contract Manufacturing), By Type of Synthesis (Synthetic, Biotech), By API Formulation (Generic API, Innovative API), By Application (Cardiovascular Disease & Hematopoietic System, Central Nervous System, Anti-infectives, Respiratory, Gastrointestinal Disorders, Urology, and Others and By Region (North India, South India, West India, and East India) The India API Market is expected to Drive Owing to the R&D Activities and Surge in the Incidence of Chronic Disease The India API market projected to reach USD 27.49 billion at a significant CAGR of over 10.23% during the forecasted period of 2020-2027. Due to the rising up gradation of technology across India and the growing incidence of hereditary cardiac disease, it is further projected to accelerate the API market at a significant rate across the country. Furthermore, the propelling focus on precision medicine is precited to accelerate the India active pharmaceutical ingredient market. Moreover, the use of drug development techniques focused on Artificial Intelligence further expected to boost the market. Related Projects: - Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates Additionally, strategic outsourcing enables enterprises to rely on their core competencies, contributing to improved efficiency, which is anticipated to fuel India's API market. Furthermore, the rising demand for biosimilars across India is predicted to drive the market at a considerable rate. However, the lack of skilled labor is predicted to challenge the growth of the market. Additionally, the increasing penetration of counterfeit drugs further projected to hinder the Indian market's growth substantially. Manufacturing Process Overview in the India API Market Based on the manufacturing process, the India API market segregated into Captive Manufacturing and Contract Manufacturing. The Captive Manufacturing segment is predicted to hold the largest share during the forecasted period of 2020-2027 across the country. It is attributed to the proper manufacturing and strong capitalization of raw materials, which is estimated to boost the India API market significantly. In addition, manufacturing technologies favor in-house production of innovative products to take advantage of the economic opportunities and avoid the proliferation of technologies, which is further predicted to accelerate the market. Related Books: - Pharmaceutical, Drugs, Proteins Technology Handbooks Type of Synthesis Overview in the India API Market Based on the type of synthesis, the India API market is segregated into Synthetic and Biotech. The biotech segment is estimated to have the fastest growth rate during the forecasted period of 2020-2027 owing to the propelling technological advancement in the manufacturing process. Additionally, the increasing demand for the therapeutic and diagnostic solution on Red Biotechnology concepts, recombinant, and DNA sequencing technology is anticipated to boost the market. Related Videos: - Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates, Pharmaceutical Drugs, Pharma Drug Ingredients Intermediates, Pharmaceutical Bulk Drugs API Formulation Overview in the India API Market Based on the API Formulation, the India API market is categorized into Generic API and Innovative API. The Generic API segment is predicted to hold the largest share over the forecasted period of 2020-2027 across the country. It is attributed to the patent expiry of labeled molecules, which is expected to drive the market at a considerable growth rate. In addition, the decreased in the cost of the generic drug is further projected to fuel the India API market. Related Market Research Report: - India Active Pharmaceutical Ingredient (API) Market However, the Innovative API segment is estimated to have a significant growth rate during the forecasted period by 2027 due to the presence of favorable government regulations in the research and development of drugs. Application Overview in the India API Market Based on the Application, the India API market is classified into Anti-infectives, Cardiovascular and Hematopoietic System, Central nervous system, Respiratory, Gastrointestinal Disorders, Urology, and Others. The Cardiovascular and Hematopoietic System segment is expected to hold significant market share in API market over the forecasted period of 2020-2027 across the country due to the increasing prevalence of cardiovascular diseases coupled with the incidence surge of obesity. In addition, the variation in lifestyle has increased the incidence of obesity is further predicted to drive the segment's market. Projects: - Project Reports & Profiles However, the Central nervous system segment is expected to have a considerable growth rate during the forecasted period by 2027 across the country. It is due to the increasing emphasis on early diagnosis & treatment, which is predicted to fuel the market. Additionally, the growing prevalence of neurological diseases and rising funding for neurological diagnostics is estimated to improve the market significantly. Regional Overview in the India API Market By geography, the India API market segmented into North India, South India, West India, and East India. The West India region is projected to hold the largest share during the forecasted period of 2020-2027 owing to technological advancement. In addition, rapidly evolving healthcare facilities and growing healthcare budgets are further anticipated to propel the India API market. Furthermore, the availability of affordable labor across the region is expected to accelerate the region's market. Books: - BOOKS & DATABASES India API Market: Competitive Landscape Companies such as Dr. Reddy's Laboratories Ltd., Aurobindo Pharma Limited, Cipla Limited, Sun Pharmaceutical Industries Limited, GlaxoSmithKline Pharmaceuticals Ltd, Indoco Remedies Ltd., Piramal Enterprises Ltd., Teva Pharmaceutical & Chemical Industries India Pvt. Ltd., Sri Krishna Pharmaceuticals Limited, Pan Drugs Limited, and Other Prominent Players are the key players in the India API market. Tags #MarketResearchReports #MarketReseach #IndustryTrends #IndustryDemands #ActivePharmaceuticalIngredient #API #pharmaceutical #pharmaceuticalindustry #NPCS #projectconsultancy #businessconsultancy #apimarket #chemicalapimarket #biotechapimarket #highpotencyapi #marketforecast #GlobalMarket #GrowthRate #MarketTrend #marketdrivers #marketopportunity #marketanalysis #PESTELAnalysis #MarketEconomic #MarketSize #MarketShare #MarketGrowthRate #markettrends #MarketImpact #marketDemand #MarketStrategy #Marketinvestment #marketinggrowth
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Herbal/Ayurvedic Hand Sanitizer

Ayurvedic Herbal Hand Sanitizers provides an effective and convenient way to clean your hands when soaps and water are not available. The main ingredient in the hand sanitizers are its extracts (Vanilla, Basil and Sandalwood, Lemon), Vitamin E, and Tea Tree oil. Vitamin E softens rough and dry hands and it is proven to be treating skin infections and Tea Tree Oil softens dry cuticles and provides relief from itching. This alcohol-based sanitizers kill 99.99% bacteria, fungi and prevents from infections. It absorbs in seconds, leaving sweet fragrance and everlasting essence with a feeling upon its repetitive usage. Hand sanitizer is a gel or foam that kills germs and infectious bacteria. It is used as an alternative to hand-washing, and comes in two main varieties, those that are alcohol-based and those which are not. Hand sanitizer is listed on the WHO’s List of Essential Medicines. Hand sanitizer is a liquid or gel generally used to decrease infectious agents on the hands. They are available as liquids, gels, and foams. Formulations of alcohol-based versions are preferable to hand washing with soap and water in most situations in the healthcare setting. Generally, it is more effective at killing microorganisms than soap and water, with some exceptions such as norovirus and clostridium difficile. The general use of non-alcohol based versions has no recommendations. Outside the healthcare setting, hand washing with soap and water is generally preferred. Hand washing should still be carried out if contamination can be seen or following the use of the toilet. India hand sanitizer market is projected to surpass $ 43 million by 2025. Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. Traditionally, the conventional methods include washing hands with soil, ash and water but these methods were not proven as they only clean the hands but they didn't sanitize them. With swaying time, people started using the soaps for washing hands but they were also not hygienic due to the frequent touching. Moreover, the world was also facing the outbreaks of communicable diseases such as H1N1 Swine Flu, Bird Flu, Small pox, Measles, Ebola virus, Marburg, Hantaviruses, and the recent one, Covid 19 corona virus. It became very necessary to maintain health and hygiene to overcome this diseases. Hence, the necessity of the hand hygiene products such as liquid hand wash and hand sanitizers emerged in the modern world. India hand sanitizer market is projected to surpass $ 43 million by 2025.Growth of hand sanitizer market in India can be attributed to rising awareness about healthy lifestyle & wellness, shifting consumer preference towards convenient hygiene products and rising disposable income. Moreover, the strong marketing activities by leading brands, in addition to huge endorsements, are some other drivers of hand sanitizer market in India. Moreover, the COVID-19 outbreak has boosted demand for sanitizers like never before across the diverse end user segments. Few Indian major players are as under Ayurvet Ltd. Dabur Pharmaceuticals Ltd. Himalaya Drug Co. Pvt. Ltd. PatanjaliAyurved Ltd. Emami Ltd. Truworth Health Technologies Pvt. Ltd.
Plant capacity: Herbal/Ayurvedic Hand Sanitizer (100 ml Size each): 20,000 Bottles / dayPlant & machinery: 14 Lakhs
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Production of Methyl Ethyl Ketone (MEK).

Production of Methyl Ethyl Ketone (MEK). Exploring Business Opportunity in Butanone Industry. MEK is a liquid solvent used in surface coatings, adhesives, printing inks, chemical intermediates, magnetic tapes and lube oil dewaxing agents. MEK also is used as an extraction medium for fats, oils, waxes and resins. It is a highly efficient and versatile solvent for surface coatings. Projects- Project Reports & Profiles Methyl ethyl ketone is a flammable liquid. It is partially soluble in water, and soluble in most other organic solvents. It will float on water while it rapidly dissolves in it. Methyl Ethyl Ketone (MEK) worldwide is, primarily, produced with n butane/2-butene as the raw material via sec butyl Alcohol (SBA) route as 90-95% of SBA produced is utilized for manufacture of MEK. Market Research Reports- Market Research Report Production The main commercial production route for methyl ethyl ketone is through the dehydrogenation of secondary butanol although newer technology involves the direct oxidation of n-butane in solution, using palladium and cupric chlorides as catalysts. The Chinese market is the main driver for the demand of MEK. Books-BOOKS & DATABASES Uses of Methyl Ethyl Ketone (C4H8O) Over 50 % of the demand for Methyl ethyl ketone products stems from the paints and coatings industry as a low viscosity solution can be obtained without them affecting the film properties of the product. These lacquers are used in the automotive, electrical goods, and furniture industries. It’s as effective as a surface coating solvent that it has become almost vital to the development of high solids coatings that reduce external emissions. Related Projects- Chemicals (Organic, Inorganic, Industrial) Projects MEK is also used in the manufacture of plastics and textiles, the manufacture of printing inks, adhesives, pesticides and also in rubber-based industrial cements. It is also used in the chemical industry as it is a precursor to methyl ethyl ketone peroxide which is itself used as a catalyst to initiate the polymerization of polyester resins used in fiber-glass reinforced products. Projects- Project Consultancy, Reports & Profiles Effects of Methyl Ethyl Ketone Peroxide on the Performance of Cast Polymers Methyl Ethyl Ketone Solvent Properties Chemical profiles and industrial uses of methyl ethyl ketone Methyl ethyl ketone in the photolysis of acetone vapor Market Outlook India Methyl Ethyl Ketone Market In India, MEK is being produced with a plant capacity of 10KT per annum. Yearly production of MEK in India is less in comparison to the increasing demand witnessed in the previous years. Due to lack of manufacturing facilities, MEK demand in the domestic market is being primarily met through imports. Since MEK is a petrochemical product, its demand and supply as well as its prices are directly related to the availability of crude oil. By end use, MEK market is majorly dependent on packaging and printing industries followed by adhesives and paints. In addition to this, increasing demand from pharmaceuticals and cosmetic industries is anticipated to fuel the demand for the product in the next five years. Related Books-Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals Methyl Ethyl Ketone (MEK) demand in India is expected to grow at a CAGR of 5.1% during the forecast period 2021-2030. MEK is a colorless, organic and non-reactive compound having tremendous solvency, for this reason MEK finds immense applications as a solvent. The growing demand for paints and coatings, increasing demand for powder coatings in the automobile industry, and growing demand for resins as solvent in the pharmaceutical industry. Related Videos- Methyl Methacrylate Manufacturing Industry. Manufacture of MMA Global of Methyl Ethyl Ketone (MEK) Market A subsection of the market showcasing the growth factors is incorporated for enhanced observation of the market system. In addition, reveals successfully the worrying factors that may play a vital role in the growth of the Methyl Ethyl Ketone (MEK) market. Regionally, Asia Pacific has a stronghold over global methyl ethyl ketone market. The expanding infrastructure and constructional base and the increasing spending in these fields are considered to be the driving factors stimulating the regional market. The market to grow at a CAGR of around 4% during 2020-2025. Related Projects- Chemicals, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture, Vermicompost Chemical & Allied Industries and Alcohol Projects It is used in conjunction with alcohol for pharmaceutical industry to manufacture products such as an aesthetics, antiseptics, lotions and medical drugs. Increasing number of healthcare facilities coupled with advancing medical research is likely to drive demand for pharmaceutical applications. Related Videos- Chemicals (Organic, Inorganic, Industrial) Global increase in vehicle sales over the past few years and expected production rise over the forecast period is likely to drive methyl ethyl ketone market size for paints & coating applications. It is also used as solvent in automotive paints industry which is essential for durable coating. Global vehicle (commercial & passenger) production was close to 84 million units which is expected to surpass 100 million units. Related Videos- Methyl Isobutyl Ketone (MIBK) from Acetone, Used as a solvent for gums, resins, paints, varnishes Key Players Operating In India Methyl Ethyl Ketone Market • Prasol Chemicals Pvt Ltd • Shell Chemicals • Exxonmobil Co India Private Limited • Norac • NOREX FLAVOURS PRIVATE LIMITED • AkzoNobel • YOG INTERNATIONAL PVT. LTD. • Tasco Chemical • B. Pankajkumar & Co. • Osho Chem • Globe Indya Chemie • Amber Chemicals • Cetex Petrochemicals Ltd. • Yingde Power Chemical Tags:- #MethylEthylKetone #Methyl #Ethyl #Ketone #MEK #chemical #butanone #MEKmarket #MEKbusiness #DetailedProjectReport #businessfeasibilityreport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #industrialproject #entrepreneurindia #startupbusiness
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Market Research Report on Cold Chain Logistics in India

Market Research Report on Cold Chain Logistics in India (Cold Storage & Reefers) Present Scenario, Future Prospects, Market Potential, Opportunities, Growth Drivers, Industry Size, Analysis & Forecasts The market research report titled ‘‘COLD CHAIN LOGISTICS IN INDIA (COLD STORAGE & REEFERS) Present Scenario, Future Prospects, Market Potential, Opportunities, Growth Drivers, Industry Size, Analysis & Forecasts’’ released by Niir Project Consultancy Services, provides a comprehensive analysis of Indian cold chain industry. The report begins by giving an overview of the industry by defining the composition & further moves to analyse the Indian scenario by citing information like structure and classification of the sector. Related Projects:- Cold Chain, Temperature Controlled Supply Chain Projects In India, cold chain sector is termed as the sunrise sector gauging its indispensability in an industry’s growth and the investment potential present in the sector. This report aims at equipping you with the imperative knowledge of the industry and its potential in India. The report analyses the cold chain sector in profundity by covering data points like industry growth drivers, demand supply potential coupled with SWOT analysis of the market and the regulatory framework. Projects:- Project Reports & Profiles The report scrutinizes the potential of the sector by way of measuring its growth drivers. The major driving force behind the growth of cold chain facilities in India will be the growth in end user industries. As mentioned above, cold chain has a host of industries as users and any palpable growth in these industries will necessitate the development of cold chain industry in India. Today Indian pharmaceutical industry is growing leaps and bounds and is carving a niche for itself in the global pharma terrain. The demand for pharma cold chain logistics is bound to increase in the next few years backed by growing healthcare penetration in the country and newer innovations in the pharma industry that necessitate the need for efficient cold chain logistics in pharmaceutical industry. Similarly, Indian dairy industry is one of the biggest user industries for cold chain logistics in India. Dairy industry in India presents a vast opportunity for cold chain industry to tap as the need for high quality milk & milk products rise in India. Related Books:- Infrastructure, Hospitality, Medical, Entertainment, Warehouse, Real Estate, Education, Cold Storage, Cold Chain, Controlled Atmosphere Storage & Rural Godowns An efficient supply chain management will not only improve the quality & shelf life of milk but will play a major role in reducing the wastage in the sector. The food service sector is among the fastest growing sectors in India and Quick Service Restaurants (QSR) industry holds the largest share in the Food Service Industry and has been a critical segment in the cold chain sector of the country. QSR joints in India are spreading their wings and flying high. Penetration of such restaurant chains has gone deeper than metro cities and expanded to Tier II & Tier III cities as well. Related Market Research:- Cold Chain Logistics in India (Cold Storage & Reefers) Present Scenario, Future Prospects, Market Potential, Opportunities, Growth Drivers, Industry Size, Analysis & Forecasts Such changes have led to a massive spurt in the food service industry, consequent to which the cold chain requirements by the industry have also augmented. Growth in the organized retail industry remains as a key driver for cold chain sector in India. Food retailing has come of age and the growing penetration of organized food retail in the nation has dictated the development of efficient cold chain supply management. Other factors acting as catalysts for the cold chain sector includes rising emphasis on reducing food wastage in the country and government initiatives liked FDI relaxation for the sector. Cold chain sector in India has been receiving much desired government aid in promoting & encouraging cold chain infrastructure in the nation. Market Research: - Market Research Reports The report further scrutinizes the industry with the help of SWOT Analysis. Growing Indian population, favourable demographics and large agricultural production are some of the strengths of the industry. Indian population has been growing at a steady rate which ensures stable indirect demand for cold chains in India. With rising population, comes an irrefutable need for efficient supply chain management in order to bridge the gap between producer and consumer and for uniform distribution of food among the populace. Also, India occupies a position amongst the top three in production of a host of commodities including spices, fisheries, poultry, milk, fruits and vegetables. Such high agricultural produce puts the cold chain industry in a sweet spot by providing a steady demand for its services. Some of the key challenges for the sector includes uneven distribution of cold chain supply, high capital needs, inadequate infrastructure and lack of skilled manpower in the sector. Rising disposable incomes coupled with growing affluent population and urbanization are some of the macro opportunities for the sector. Related Videos:- Cold storage, Cold Chain, Controlled Atmosphere Storage, Refrigerated Warehousing, Warehouse & Rural Godowns, Temperature Controlled Supply Chain Processed food is increasingly finding takers from all the segments of society which brings effective cold chain logistic into picture. For any processed food to reach the end consumer in the freshest of its form requires an effective cold chain system. The report further expounds the domestic demand/supply situation of the industry along with the projections and present scenario. Demand for the cold chain sector is gauged by the growth in numbers for the user industry demand and supply is measured in terms of total number and capacity of cold storage in the country along with cold chain projects cleared under various government schemes. The report further provides financial information and analysis of the key players in the segment. Related Projects:- Cold storage, Controlled Atmosphere Storage, Multipurpose, Multi-commodity Cold Storage, Food, Vegetables & Fruits Storage, Refrigerated Warehousing, Cold Chain, Industrial cold rooms The report wraps up the analysis with a positive outlook for the cold chain industry in India. Shifting focus from increased production to efficient storage and transportation of commodities to reduce wastage is one the factors pushing the cold chain sector ahead. Other factors aiding the growth of the sector include evolving consumer preferences and culture, rising disposable incomes & middle class coupled with favourable government policies and complementing growth of the user industries like organized retail, food processing and pharmaceutical industry. Indian cold chain industry is poised for significant growth in coming years. The market size of the industry stood at INR 1288 billion in 2019 and is expected to reach new levels by 2023. Related Videos:- Cold Chain, Temperature Controlled Supply Chain Key Words: #coldchainindustry #ColdChainMarket #ColdChainLogistics #GlobalIndustryAnalysis #MarketResearchReports #markettrends #MarketReseach #IndustryTrends #IndustryDemands #NPCS #projectconsultancy #businessconsultancy #marketforecast #GlobalMarket #GrowthRate #MarketTrend #marketdrivers #marketopportunity #marketanalysis #PESTELAnalysis #MarketEconomic #MarketSize #MarketShare #MarketGrowthRate #markettrends #MarketImpact #marketDemand #MarketStrategy #Marketinvestment #marketinggrowth #MarketInsight #ColdChainBusiness #GlobalColdChainMarket #ColdChainMarketDemand #ColdChainMarketDevelopment #ColdChainMarketSize #ColdChainMarketShare #ColdChainMarketTrends #ColdChainMarketGrowth #ColdChainMarketReports #ColdChainIndustrialAnalysis
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Investment Opportunities in Cellophane Film Production

Investment Opportunities in Cellophane Film Production. Profitable and Successful Business Ideas in Cellophane Wrapping Paper Manufacturing. Cellophane is a transparent film made from cellulose that has low permeability to oxygen, moisture, oil, grease, and bacteria. As described in Chapter 1, its introduction in the early 20th century allowed for the mass production and promotion of food items and changed the retail environment in the United States and elsewhere. It has largely been displaced by less expensive petrochemical-based films. Projects: - Project Reports & Profiles Cellulose films are produced from renewable wood pulp harvested from managed plantations. Cellophane s a cellulose film, which was developed over 90 years ago and which Futamura is committed to producing into the future. In 2009 following a multi-million pound investment, new production capacity was commissioned. Cellophane™ films offer a range of unique attributes which plastic films are unable to equal and can be supplied in a wide range of brilliant colors. Related Books:- Packaging Industry, Beverage Can, Bottles, Blister Packs, Carton, Bags Production Cellulose from wood, cotton, hemp, or different sources is dissolved in alkali and carbon disulfide to form an answer known as viscose that is then extruded through a slit into a shower of dilute sulphuric acid and sodium sulfate to convert the viscose into polyols. The film is then passed through many a lot of baths, one to remove sulfur, one to bleach the film, and one to feature softening materials such as alcohol to prevent the film from turning into brittle. Market Research: - Market Research Report A similar method, using a whole (a spinneret) instead of a slit, is used to form a fiber referred to as textile. Chemically, cellophane, textile and cellulose are polymers of glucose; they differ structurally instead of chemically. Material Properties When placed between two plane polarizing filters, cellophane produces prismatic colors due to its birefringent nature. Artists have used this effect to create stained glass-like creations that are kinetic and interactive. Cellophane is biodegradable, but highly toxic carbon disulfide is used in most cellophane production. Viscose factories vary widely in the amount of CS2 they expose their workers to, and most give no information about their quantitative safety limits or how well they keep to them. Related Videos:- Packaging Industry, Food Packaging, Paper, Beverage Can, Bottles Market Outlook The Cellophane market will register a 4.6% CAGR in terms of revenue, the global market size will reach $ 385.1 million by 2025, from $ 322.2 million in 2019. Cellulose films are employed in various end-use industries such as food & beverages, infrastructure, personal care, pharmaceuticals, and paints. Food & beverages is the dominant segment of the cellulose films market. As large demand of high-end products at home and abroad, many companies began to enter the field of high-end. Currently, the Chinese chain block industry is not only begin to transit to high-end chain block products, while still extend in the resource-rich land and downstream industry chain. Projects: - Cellophane Film Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. There will have more investment enter this field. In the next five years, the consumption volume will keep slow increasing, as well as the consumption value. Increase in research activities in terms of usage of cellulose films in niche applications, improvement in biodegradability properties, and rise in awareness about environmental concerns are expected to provide lucrative opportunities to manufacturers in the near future. Related Projects:- Packaging, Holograms, Printing, Publishing, Screen Printing and DTP Projects Kay Players:- Ambition Mica Ltd. Arihant Gold Plast Pvt. Ltd. Duropack Ltd. Excellent Gravure Inds. Pvt. Ltd. Positive Packaging Inds. Ltd. Rexor India Ltd. Safepack Industries Ltd. Shree Rama Multi-Tech Ltd. Siddhi Decor Pvt. Ltd. Vasa Retail & Overseas Ltd. Win Flex Ltd. Tags:- #cellophane #CellophaneMarket #CellophaneIndustry #cellophanepaper #cellophanewrapping #cellophanewrap #plasticwrap #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #projectconsultancy #projectreport #businessfeasibilityreport
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Production of Indian Kitchen Spices (Masala Powder)

Production of Indian Kitchen Spices (Masala Powder) Spices Powder, Blended Spices, and Readymade mixes, Packaged Spices (Red Chilli Powder, Sambhar Masala, Biryani Masala, Chicken Fry Masala, and Garam Masala) In modern times, international trade in spices and condiments have increased dramatically which could be attributed to several factors including rapid advances in transportation, permitting easy accessibility to world markets, growing demand from industrial food manufacturers of wide ranging convenience foods which are either ready to eat or requiring minimal preparation time in the household, migration of large number of people of different ethnicity with their traditional food habits, to meet the changing requirements of industry and commerce and exposure to culinary delicacies of other regions of the world by increasing business and tourism travel. As the demand for Indian spices is increasing day by day, Indian manufacturers are producing spices of high quality. Related Projects:- Spices and condiments, Indian Kitchen Spices, Masala Powder India has a traditional taste in its kind of provisional item with good quality and appropriate quantity and timely delivery. Because of the above advantage the Indian Kitchen company is exporting the provision item for the past five year countries like Asian countries, Middle East, Gulf Countries, African countries and neighboring countries such as Bangladesh. Books:- BOOKS & DATABASES Spice Manufacturing Process The process of manufacture involves cleaning, drying, pulverizing, sieving and packaging of spices such as chili, pepper, turmeric, coriander, etc. either individually or in combination with other spices. The manufacturing process is very well established and does not involve technicalities. Related Projects: - Spices (turmeric Powder, Red Chilli Powder, Dhaniya Powder, Garam Masala, Sabji Masala, Popcorn Masala) First of all, clean the unground spices manually to remove impurities like mud and stones. And then, wash them with clean water. After drying them in sunlight, grade and grind them with the help of a grinding machine to convert them in powder form. Generally, you can find various formulations for curry powder. However, the ingredients like red chili, black pepper, cloves, coriander seed, cumin seed, fenugreek seed, ginger, and turmeric are typically common. The proportion and the inclusion of spices in a particular mix depend on individual manufacturers. Related Books:- Spices And Condiments Cultivation You can use disintegrator in the case of solid material like turmeric to obtain uniform mesh size. Spices in powder form are then weighed as per the contemplated packing quantities. Finally, pack them in printed polyethylene bags and then seal these bags on an automatic sealing machine. Related Projects: - Production of Indian Kitchen Spices Market Outlook Blended Spices have shown remarkable growth in India in the past couple of years. The market is forecasted to grow with a CAGR of more than 9% in the near future. An increasing population of working women and consumers awareness towards adulteration has created a huge demand for blended spices. With higher purchasing power due to the high economic development of India, there has been a change in the preference of Indian consumers. Related Videos:- Essential Oils, Phytochemicals, Aromatic Chemicals, Aromatic Compounds, Spice Oils and Oleoresins Projects The consumers are observed to be shifting from standard, local and regional brands towards national brands. The consumption of foreign brands is also observed to be increasing in Indian Blended Spices market. While the growth of blended spices and spices mix has opened a new segment for many of the players as it is currently consisting of regional players. Related Projects: - Indian Kitchen Spices (Masala Powder) India exported a humongous 1.08 billion kilograms of spices of various types to different countries in the world. This entire export’s market value stood at a massive $3.11 billion dollars. Such is the extent to which South Asia’s spices are desired by different cuisines around the world. Because of their unique aroma and taste, Indian spices have always been solicited for global use since the ancient times. The climate of Indian subcontinent makes it an ideal place for spices to get cultivated without affecting its regular produce. Spices have a variety of end user industries including bakeries, cosmetics, pharmaceuticals, and the most prominent one: food and beverage industry. In the year 2018, the global spices market size stood at $8.4 billion. Due to increasing demand for spices on account of expanding urbanization, during the forecast period of 2019-2025, the spices market will experience growth with a standard compound annual growth rate (CAGR) of 4.80%. Related Books:- Handbook on Manufacture of Indian Kitchen Spices (Masala Powder) with Formulations, Processes and Machinery Details (4th Revised Edition) Due to technological advancement, the producers are able to offer premium quality spices across the globe. The opportunity of the Indian spice market in terms of applications is just not restricted to flavoring, seasoning, pungency and coloring. For food preservation, Indian spices can be used owing to dual function i.e. antimicrobial and antioxidant properties. The cosmetics industry is one of the applications of the Indian spice market. For manufacturing soaps and toothpaste, spices are used. Owing to various applications, the market has potential growth within the forecasted year. Related Books: - Handbook on Spices and Condiments (Cultivation, Processing and Extraction) Blended Spices have shown remarkable growth in India in the past couple of years. The market is forecasted to grow with a CAGR of more than 9% in the near future. An increasing population of working women and consumers awareness towards adulteration has created a huge demand for blended spices. With higher purchasing power due to the high economic development of India, there has been a change in the preference of Indian consumers. The consumers are observed to be shifting from standard, local and regional brands towards national brands. The consumption of foreign brands is also observed to be increasing in Indian Blended Spices market. Related Projects: - Production of Indian Kitchen Spices Is Spice Business Profitable in India? First of all, the spice comes under the essential goods segment. Also, it is an important food item for kitchens. And in a country like India where the population density is so high, the consumption is also very high. The spice mixes and branded spices entail greater profit margins, as compared to straight and unbranded spices. We can conclude, initiating a small scale home-based spice business is a profitable investment opportunity for new entrepreneurs in India. Market Research: - Market Research Report Major Brands Major brands that operate into Indian Spices market are Everest, Badshah, MDH, Catch, Pushp, MTR, Vasant Masala, Ramdev, Patanjali, Aachi Masala, TATA Sampann, Suhana Masala, Goldie Masala, Eastern Condiments, Priya Masala, Mother Recipe, Hathi Masala, Nilon's, J K Spices etc. Key Players:- Bhavani Tea & Produce Co. Ltd. Cookme B B D Pvt. Ltd. D T A Amalgamated Foods Pvt. Ltd. Devon Foods Ltd. Eastern Condiments Pvt. Ltd Empire Spices & Foods Ltd. General Commodities Pvt. Ltd. Gokul Agro Inds. Ltd Indian Chillies Trdg. Co. Ltd. Indian Products Pvt. Ltd. Jagat Industries Ltd. Bhavani Tea & Produce Co. Ltd. Cookme B B D Pvt. Ltd. D T A Amalgamated Foods Pvt. Ltd. Devon Foods Ltd. Eastern Condiments Pvt. Ltd Empire Spices & Foods Ltd. General Commodities Pvt. Ltd. Gokul Agro Inds. Ltd Indian Chillies Trdg. Co. Ltd. Indian Products Pvt. Ltd. Jagat Industries Ltd. M V J Foods (India) Pvt. Ltd. M V J Spices (India) Pvt. Ltd. S S P D L Infra Projects India Pvt. Ltd. Shubham Goldiee Masale Pvt. Ltd MDH Spices Tags:- #Kitchenspices #masalapowder #spicespowder #BlendedSpices #readymademixes #Spices #IndianSpices #Masala #RedChilliPowder #SambharMasala #BiryaniMasala #ChickenFryMasala #GaramMasala #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #businessfeasibilityreport #projectconsultancy BusinessFeasibilityStudies #profitablebusiness #spicesmarket #spicesbusiness #marketresearch #masalaformula #SpiceManufacturer #SpiceManufacturing #SpiceProcessing #spicesmanufacturing #spicesindia #SpicesIndustry #SpicesProduction #packaging #spicebook
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Active Pharma Ingredients (API) (Cephalexin, Ampicillin Trihydrate, Ibuprofen and Paracetamol)

The Active Pharmaceutical Ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways. Production of APIs has traditionally been done by the pharmaceutical companies themselves in their home countries. But in recent years many corporations have opted to send manufacturing overseas to cut costs. This has caused significant changes to how these drugs are regulated, with more rigorous guidelines and inspections put into place. Cefalexin, is an antibiotic that can treat a number of bacterial infections. It kills gram-positive and some gram-negative bacteria by disrupting the growth of the bacterial cell wall. Cefalexin is a beta-lactam antibiotic within the class of first-generation cephalosporins. It works similarly to other agents within this class, including intravenous cefazolin, but can be taken by mouth. Cefalexin can be used in those who have mild or moderate allergies to penicillin. However, it is not recommended in those with severe penicillin allergies. Ampicillin is an antibiotic used to prevent and treat a number of bacterial infections, such as respiratory tract infections, urinary tract infections, meningitis, salmonellosis, and endocarditis. It may also be used to prevent group B streptococcal infection in newborns. It is used by mouth, by injection into a muscle, or intravenously. Like all antibiotics, it is not useful for the treatment of viral infections. Ampicillin is used to treat infections by many Gram-positive and Gram-negative bacteria. It was the first "broad spectrum" penicillin with activity against Gram-positive bacteria, including Streptococcus pneumoniae, Streptococcus pyogenes, some isolates of Staphylococcus aureus (but not penicillin-resistant or methicillin-resistant strains), Trueperella, and some Enterococcus. Paracetamol (acetaminophen) is a pain reliever and a fever reducer. The exact mechanism of action of is not known. Paracetamol is used to treat many conditions such as headache, muscle aches, arthritis, backache, toothaches, colds, and fevers. It relieves pain in mild arthritis but has no effect on the underlying inflammation and swelling of the joint. Paracetamol is generally safe at recommended doses. The recommended maximum daily dose for an adult is three to four grams. Higher doses may lead to toxicity, including liver failure. Serious skin rashes may rarely occur. It appears to be safe during pregnancy and when breastfeeding. In those with liver disease, it may still be used, but in lower doses. It is classified as a mild analgesic. It does not have significant anti-inflammatory activity. How it works is not entirely clear. Ibuprofen is a medication in the nonsteroidal anti-inflammatory drug (NSAID) class that is used for treating pain, fever, and inflammation. This includes painful menstrual periods, migraines, and rheumatoid arthritis. It may also be used to close a patent ductus arteriosus in a premature baby. It can be used by mouth or intravenously. It typically begins working within an hour India's reliance on pharma ingredient imports has risen over the past few decades due to the higher cost of domestic production, with the price gap reaching as much as 20%-30%, particularly for energy-intensive fermentation-based ingredients used in anti-infectives. Import dependence is more than 90% for some life-saving drugs, including penicillin and ciprofloxacin. India is the seventh largest country in the world and has the second highest population. It has a parliamentary democratic form of government and has abundant natural resources and sufficient oil reserves. The country has a huge skilled, English-speaking, and inexpensive labor force. Its young population and current economic policies have made it one of the largest recipients of FDI in the world. Asia Pacific is expected to be the fastest-growing market over the forecast period. Owing to the availability of affordable labor, major companies in the market are setting up API manufacturing plants in developing countries such as China and India. The global demand of APIs include ageing population, rising expenditures on healthcare, increasing prevalence of lifestyle diseases, etc. Looking forward, the market value is projected to reach US$ 258.8 Billion by 2025, exhibiting a CAGR of 5.6% during 2020-2025. The API market is competitive in nature and is becoming increasingly competitive. Consequently, manufacturers are required to enhance products in order to gain advantage over previously marketed products. The emergence of COVID-19 has brought the world to a standstill. We perceive that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies will help within the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost each sector is anticipated to be impacted by the pandemic. The government also notified a scheme to promote bulk drug parks. For selected parks, financial assistance to the tune of 70 per cent of the project cost of common infrastructure facilities will be provided. In the case of Northeast states and hilly states (Himachal Pradesh, Uttarakhand, Union Territory of Jammu & Kashmir, and Union Territory of Ladakh), financial assistance will be 90 per cent of the project cost. The maximum assistance under the scheme for one bulk Drug Park will be limited to Rs 1,000 crore. The total financial outlay of the scheme is Rs 3,000 crore. Role of Government towards API The coronavirus outbreak disrupting supply of active pharmaceutical ingredients (APIs) and medical devices from China to India, the government has come out with four schemes worth Rs 13,760 crore to encourage manufacturing of bulk drugs and medical devices in the country and their exports. On March 21, the Union Cabinet under the chairmanship of Prime Minister Narendra Modi had approved an expenditure of Rs. 9,940 crore and Rs. 3,820 crore for APIs and medical devices, respectively. The Cabinet also approved a scheme on promotion of bulk drug parks for financing common infrastructure facilities in three bulk drug parks with financial implication of Rs. 3,000 crore for next five years. The government will give grants-in-aid to states with a maximum limit of Rs. 1,000 crore per bulk Drug Park. Parks will have common facilities such as solvent recovery plant, distillation plant, power and steam units, common effluent treatment plant etc. The government further approved production linked incentive (PLI) scheme for promotion of domestic manufacturing of critical KSMs/drug intermediates and APIs in the country with financial implications of Rs. 6,940 crore for next eight years. Financial incentive will be given to eligible manufacturers of identified 53 critical bulk drugs on their incremental sales over the base year (2019-20) for a period of 6 years. Out of 53 identified bulk drugs, 26 are fermentation based bulk drugs and 27 are chemical synthesis based bulk drugs. Rate of incentive will be 20 per cent (of incremental sales value) for fermentation based bulk drugs and 10 per cent for chemical synthesis based bulk drugs. The PLI scheme will lead to expected incremental sales of Rs. 46,400 crore and significant additional employment generation over eight years. The drug industry has welcomed the incentives offered by the government to promote API units in India. Besides APIs, the Cabinet also approved the scheme for promotion of medical device parks in the country in partnership with the states. A maximum grant-in-aid of Rs. 100 crore per park will be provided to the states. It will have financial implications of Rs. 400 crore. The PLI scheme for promoting domestic manufacturing of medical devices will have financial implications of Rs. 3,420 crore for next five years. Medical device is a growing sector and its potential for growth is the highest among all sectors in the healthcare market. It is valued at Rs. 50,026 crore for 2018-19 and is expected to reach to Rs. 86,840 crore by 2021-22. India depends on imports up to an extent of 85 per cent of total domestic demand of medical devices. Union Cabinet scheme on Promotion of Bulk Drug Parks • The scheme on Promotion of Bulk Drug Parks for financing Common Infrastructure Facilities in 3 Bulk Drug Parks with financial implication of Rs. 3,000 crore for next five years. • Production Linked Incentive (PLI) Scheme for promotion of domestic manufacturing of critical KSMs/Drug Intermediates and APIs in the country with financial implications of Rs6,940 crore for next eight years. Details: Promotion of Bulk Drug Parks • Decision is to develop 3 mega Bulk Drug parks in India in partnership with States. • Government of India will give Grants-in-Aid to States with a maximum limit of Rs. 1000 Crore per Bulk Drug Park. • Parks will have common facilities such as solvent recovery plant, distillation plant, power & steam units, common effluent treatment plant etc. • A sum of Rs. 3,000 crore has been approved for this scheme for next 5 years. Production Linked Incentive Scheme • Financial incentive will be given to eligible manufacturers of identified 53 critical bulk drugs on their incremental sales over the base year (2019-20) for a period of 6 years. • Out of 53 identified bulk drugs, 26 are fermentation based bulk drugs and 27 are chemical synthesis based bulk drugs. • Rate of incentive will be 20 % (of incremental sales value) for fermentation based bulk drugs and 10% for chemical synthesis based bulk drugs. • A sum of Rs. 6,940 crore has been approved for next 8 years. Few Indian major players are as under Alpha Remedies Ltd. Ankur Drugs & Pharma Ltd. Aurobindo Pharma Ltd. Cian Healthcare Ltd Cipla Ltd. Dr. Reddy'S Laboratories Ltd. Farmson Pharmaceutical Gujarat Pvt. Ltd. Glaxosmithkline Pharmaceuticals Ltd. Indoco Remedies Ltd. Pan Drugs Ltd. Piramal Enterprises Ltd.
Plant capacity: Paracetamol: 500 Kgs / day Cephalexin: 500 Kgs / day Ampicillin Trihydrate: 500 Kgs / day Ibuprofen: 500 Kgs / dayPlant & machinery: Rs 347 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1656 lakhs
Return: 36.00%Break even: 52.00%
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