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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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Most Profitable Industry of Disposable Safety Razors

The double-edged safety razor has two open edges and a slant bar that can be used on both sides. The double-edged safety razor's blade is slightly bent to provide a smoother, cleaner shave. With only a single blade and a plastic grip, the disposable razor quickly became a practical tool for innumerable men who loved the idea that they could get a short shave even safer than using a safety razor. The skin is less irritated while using a safety razor. Because it only has one blade, there aren't many opportunities to cut skin—unless you're particularly clumsy, of course. A safety razor also gives you greater dexterity than a disposable cartridge razor. The safety razor's design allows for minor angle modifications, which improves the quality of the shave. The basic design of disposable razors has evolved enough that they now come in blade cartridges, which effectively contain blades, under the notion that the more blades a razor has, the better shave it can deliver. 1. Cost Effective: While purchasing a double edged razor may appear to be costly at first, it is really cost effective in the long run when considering that the only thing you will need to purchase are the blades, which are actually less expensive than cartridge blades. 2. Balance: Because of the pivot, this razor maintains a steady viewpoint while shaving, making it the best because it is easier and faster to use. This is the most appealing element of it. 3. Convenience: While most people prefer to go the modern route, those who have chosen this old method of shaving have found it to be cost-effective and simple to use. 4. Time Management: If you value your time, it's time to ditch those pricey cartridges and embrace a double-edged razor, since research has proved that it is truly quite quick to use. Men's grooming industry demand has expanded in recent years as a result of growing male customer awareness of their appearance. Furthermore, because more than half of the population is under the age of 30, the industry has a large local market. Furthermore, the urban middle class population is growing. Through 2020, the market is predicted to rise due to enhanced distribution channels in tier II and tier III cities. Bath & Shower products, Hair Care, Skin Care, Deodorants, and Shaving goods are the different categories of men's grooming items. In terms of revenue, shaving products now hold the greatest market share in the Indian men's grooming sector. According to NOVONOUS, the Indian shaving products market is predicted to increase at a CAGR of 20% until 2020, while maintaining its market share. Entrepreneurs who invest in this project will be successful. Few Indian major players 1. Everkeen Blade Co. Ltd. 2. Gillette India Ltd. 3. Jindal Stainless Ltd. 4. Laser Shaving Products Pvt. Ltd. 5. Narang Medical Ltd.
Plant capacity: Razor Blade for Safety Razors Pack of 5 pcs each: 57,600 Units per Day Steel Scrap: 500 Units per DayPlant & machinery: 393 Lakhs
Working capital: -T.C.I: Cost of Project: 815 Lakhs
Return: 58.00%Break even: 28.00%
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Manufacturing Business of Medium Density Fiberboard (MDF)

Particle board is commonly confused with fiberboard, although particle board refers to low-density fiberboard. Plywood isn't a fiberboard because it's comprised of thin wood sheets rather than wood fibres or particles. In the furniture industry, fiberboard, particularly medium-density fiberboard (MDF), is widely utilised. A veneer of wood is often put onto fiberboard to give it the look of conventional wood for items that will be seen. In the automotive industry, fiberboard is utilised to make free-form designs including dashboards, rear parcel shelves, and inner door shells. A skin, foil, or fabric, such as cloth, suede, leather, or polyvinyl chloride, is generally used to cover these pieces. Because of their low cost and quick drying properties, urea-formaldehyde (UF) resins are widely utilised in the medium density fiberboard (MDF) sector. However, due of the possibility for formaldehyde emissions, pressures on the usage of UF resins are constantly increasing. Phenol-formaldehyde (PF) resins, on the other hand, are more durable and do not produce formaldehyde after cure. However, the industry has historically avoided employing PF resins due to their higher cost and slower curing rate than UF resins. MDF stands for medium density fiberboard, which is a panel made mostly of lignocellulosic fibres bound together under heat and pressure with a synthetic glue or other suitable bonding technique. The panels are compressed to a specific gravity of 31-50 lb/ft3 and a density of 0.50 to 0.80. MDF is a dry-formed panel product made from lignocellulosic fibres and a synthetic resin or other suitable binder. In a heated pre-compression process, the panels are crushed to a density of 496 to 801 kilogrammes per cubic metre (kg/m3) (31 to 50 pounds per cubic foot [lb/ft3]). A synthetic resin or other suitable organic binder forms the full interfiber link. - Edge Shaping & Machining - Doors, Jambs, and Millwork - Embossing is a type of embossing that is used to - Flooring made of laminate - Finishing & Laminating - Moulding is a type of moulding that is used to create a decorative In India, the INR 13 billion MDF market accounts for only 7% of the total wood-based substrate sector, compared to 80% globally. The domestic MDF market has grown at a 15-20 percent CAGR over the last five years, albeit from a lower base. MDF is a superior option for low-cost unbranded plywood, and demand for it is being fueled by a desire for ready-made modular furniture among the young and aspiring who are looking to improve the aesthetics of their homes. Furthermore, with ready-to-move-in offices and retail stores springing up all across the country, the sector's prospects appear to be better than ever. In India, the MDF industry is anticipated to be worth H35 billion, with a CAGR of 5-8 percent over the last five years. The Central Government's decision to halt the issuance of new plywood manufacturing licences has increased the demand-supply gap. This is a good thing for the MDF business, as it means more people will adopt engineered panel goods. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players 1. Amazon Wood Pvt. Ltd. 2. Aryan Enterprises Pvt. Ltd. 3. Asian Pre-Lam Inds. Pvt. Ltd. 4. Associate Decor Ltd. 5. Bajaj Eco-Tec Products Ltd. 6. Best Board Ltd. 7. Darshan Boardlam Ltd.
Plant capacity: 100 CBM per dayPlant & machinery: 1769 Lakhs
Working capital: -T.C.I: Cost of Project: 2955 Lakhs
Return: 23.00%Break even: 49.00%
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Demand in the Business of Oxygen Gas Plant (Industrial and Pharmaceutical Grade)

CO2 (gas at O0/1 matm. 1.429 g. /l, crit. pressure, 49.7 matm.) is a colourless, odourless, and tasteless gas that is somewhat heavier than air. It is one of the most active elements, and it is required for the respiration and combustion of living cells. Oxygen promotes combustion and helps combustible things burn faster. And because of this combustion-supporting feature, it is ideal for a variety of industrial applications. Oxygen is non-corrosive and can be found in virtually every metal. However, all oil, grease, and other flammable materials must be removed from pipelines and containers before placing them into oxygen service. Oxygen handling systems must also be built to safely tolerate the working pressure. Of course, inhaling gaseous oxygen has a tonic rather than harmful effect on the human system, and its tonic characteristics have led to various medicinal applications of oxygen. Liquid oxygen is transported in insulated cylinders, insulated tank trucks, and insulated tank cars as a cryogenic fluid. In most industrial operations, atmospheric air is used to produce oxygen and nitrogen. The components listed in the table below are mostly found in atmospheric air. Industrial quality Many materials, such as copper, brass, and stainless steel, benefit greatly from the presence of oxygen. For cutting and welding these materials, oxygen is frequently combined with a fuel gas. All major industrial gases are used as a raw material or for inerting in the chemical industry. Medical gases are recognised to have a significant environmental impact and to use significant resources in hospital administration. Because of their beneficial anaesthetic, analgesic, and respiratory qualities in the context of illness diagnosis, treatment, prevention, or relief, medical gases are crucial for adequate medical interventions in hospitals and health centres. • It is used extensively in medicine for therapeutic purposes, for suscitation in hypoxia, and in combination with other gases in anaesthesia. • It is also utilised in high altitude flying, deep sea diving, and as both an inhalant and a power source in the United States space programme. • Its vast range of industrial uses include metal cutting, welding, hardening, scaring, cleaning, and dehydrating using acetylene, hydrogen, and other fuel gases. Oxygen is the most popular industrial gas in India. Outside of carbon dioxide, oxygen accounts for almost 75% of total gas output in the merchant market. When the captive part is taken into account, oxygen accounts for more than 70% of all gases (outside carbon dioxide). India's gas sector features a huge number of minor units scattered across the country. There are also tonnage plants with international standards and capacities put up in various sections of the country. There are around 330 industrial gas plants in operation, with capacities ranging from 100 to 350 m3 per hour (2.5 to 8.5 tonnes per day). Small industrial customers, hospitals, and nursing homes are the primary customers of these facilities. Since the deregulation of the Indian economy, the industrial gases industry has undergone significant reform and modernisation, with a significant rise in capacity. Some of India's biggest companies are expanding their capacity or replacing ageing operations. The majority of the new plants are captive. These are quite large plants that use innovative technologies that were sourced from outside the country. These are backed up by a lot of money. Small and weak units are being marginalised as a result of the new growth and fierce competition. Thus, due to demand it is best to invest in this project. Few Indian major players 1. Air Liquide India Holding Pvt. Ltd. 2. Arrow Oxygen Ltd. 3. Bellary Oxygen Co. Pvt. Ltd. 4. Bhagawati Oxygen Ltd. 5. Bhilai Oxygen Ltd. 6. Govind Poy Oxygen Ltd. 7. Howrah Gases Ltd.
Plant capacity: Oxygen Gas (Medical Grade) Purity 99.5-99.9%: 500 Cylinders per Day Oxygen Gas (Indudrial Grade) Purity 95-99%: 500 Cylinders per DayPlant & machinery: 418 Lakhs
Working capital: -T.C.I: Cost of Project: 748 Lakhs
Return: 58.00%Break even: 27.00%
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Start a Most Developing Business of Oxygen Gas Plant

Medical oxygen is a high-purity oxygen that is developed for use in the human body and is utilised for medical treatments. To avoid contamination, medical oxygen cylinders only contain high-purity oxygen gas; no other gases are permitted in the cylinder. An oxygen concentrator should have a medical grade oxygen content of no less than 90.0 percent and no more than 96.0 percent. When looking at appropriate oxygen saturation levels, it's also necessary to consider altitude. Because it is classified as a drug, it must meet FDA regulations for compressed medical gas. One of the requirements is that oxygen cylinders be thoroughly emptied at all times to reduce the danger of contamination. High altitude and for oxygen tents in hospitals is a more recent development. Oxygen gas in the breathing apparatus for a visitor at high altitudes and for oxygen tents in hospitals is a more recent development. The increased intensity and speed of reactions caused by oxygen enriched air rather than ordinary air is an extension of the usage of oxygen; the reduction in cycle time accomplished in chemical or metallurgical processes allows for a higher output per volume of equipment and cheaper expenses. The use of oxygen as a raw material for the production of chemical compounds is common place. Liquid oxygen combined with carbon black has the potential to become a significant and inexpensive explosive. The growth of the worldwide medical gas oxygen cylinder market has been aided by Covid-19. The increased number of COVID-19 cases has fundamentally driven the demand for medical oxygen gas cylinders for intensive care during the Covid-19 pandemic. Because of the rising number of COVID-19 patients, the demand for oxygen has increased to 1.1 million cylinders in low to middle income nations alone. Preventive steps are being taken in a number of nations to ensure a sufficient supply of oxygen for COVID-19 patients. 1. Use in Pregnancy: Oxygen is used in pregnancy when needed by doctors to treat underlying illnesses and prevent hypoxemia, at the lowest feasible dosage for the shortest time. 2. Use in Lactation: Oxygen can be administered during breast-feeding if clinically necessary to treat underlying sickness and prevent hypoxemia, but only at the lowest dosage for the shortest time. 3. Use in the Elderly: Clinical assessment and the course of the illness determine whether or not to use in the elderly. Some elderly patients with chronic severe obstructive pulmonary disease may require low inspired oxygen concentrations and rely on hypoxic drive for respiration. Around 1917, oxygen therapy became popular. Oxygen cylinders are most typically utilised by persons with low oxygen levels in their blood. When using oxygen, it's crucial to know when to start and stop breathing. Medical oxygen is made by a cryogenic distillation process that separates oxygen, nitrogen, and argon from air. Oxygen concentrators are used in hospitals to purify oxygen from the air. The United States Food and Drug Administration (FDA) has made it illegal to buy Medical Oxygen, Oxygen Concentrators, or any other oxygen device without a prescription. People suffering from cardiac arrest, cyanosis, shock, severe haemorrhage, and other conditions receive oxygen therapy. The rising prevalence of chronic and infectious diseases such as pandemic Covid-19, cancer, asthma, diabetes, heart attack, and others, as well as an increase in the global elderly population, are driving the global medical oxygen gas cylinders market. According to the World Health Organization (WHO), a major death toll has occurred worldwide as a result of the corona virus. To date, more than 346000 deaths have been reported worldwide, with more than 5.5 million infected individuals. As a result, medicinal oxygen cylinders are commonly employed for critical patients to battle the covid-19 epidemic. Entrepreneurs who invest in this project will be successful. Few Indian major players 1. Air Liquide India Holding Pvt. Ltd. 2. Arrow Oxygen Ltd. 3. Bellary Oxygen Co. Pvt. Ltd. 4. Bhagawati Oxygen Ltd. 5. Bhilai Oxygen Ltd. 6. Govind Poy Oxygen Ltd.
Plant capacity: 172 Cylinders per DayPlant & machinery: 178 Lakhs
Working capital: -T.C.I: Cost of Project: 416 Lakhs
Return: 63.00%Break even: 14.00%
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Business of Paracetamol (Acetaminophen) API. Rising Demand of Paracetamol Tablets in Covid-19 Pandemic.

Paracetamol is a pain reliever that is commonly used to alleviate aches and pains. It can also be used to cool down a hot environment. It can be taken with other pain relievers and anti-sickness medications. It's also found in a variety of cold and flu medications. Read our paracetamol for children information if you're under the age of 16. Tablets and capsules of paracetamol are commonly accessible. Related Projects: Active Pharmaceutical Ingredient (API) Products, Bulk API Manufacturing Paracetamol is also available as a syrup or as soluble pills that dissolve in water to make a drink for persons who have trouble swallowing tablets or capsules. Non-steroidal anti-inflammatory medications (NSAIDs) and aspirin are two types of pain relievers, although paracetamol is not one of them. Ibuprofen, aspirin, and other NSAIDs are expected to work primarily on the central nervous system, whereas paracetamol is thought to work primarily on the peripheral nervous system. Uses of Paracetamol: Paracetamol is a regularly prescribed pain reliever that can also be used to lower a fever (fever). It's commonly used to treat mild to moderate pain, such as headaches, toothaches, and sprains, as well as to lower fevers brought on by illnesses like colds and flu. It's commonly used to treat mild to moderate pain, such as headaches, toothaches, and sprains, as well as to lower fevers brought on by illnesses like colds and flu. Because it is safe for most individuals to consume and has few side effects, paracetamol is frequently advised as one of the initial therapies for pain. Related Books: Pharmaceutical, Drugs, Proteins Technology Handbooks Paracetamol is used to treat mild to moderate pain, including headaches, muscle pains, minor arthritis pain, and toothaches, as well as discomfort from colds, flu, sprains, and dysmenorrhea. Because there is inadequate evidence for the treatment of chronic pain, it is especially suggested for acute mild to severe pain. Many combination drugs contain paracetamol. Most children are safe to take paracetamol; however, those who are tiny for their age or have liver or renal illness may require lower doses. Market Outlook: Over the projection period, the paracetamol market was expected to increase at a CAGR of roughly 4.3 percent. The increased use of paracetamol is a major factor contributing to the market's rise. Paracetamol is a fever reducer and pain reliever. It's used to treat headaches, muscle aches, arthritis, backaches, toothaches, colds, and fevers, among other things. It helps pain in those with mild arthritis, but it has little effect on the joint's underlying inflammation and swelling. According to the World Health Organization, the incidence of contemporary headache disorder among adults is believed to be around 50% worldwide. Related Videos: Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates, Pharmaceutical Drugs, Pharma Drug Ingredients Intermediates, Pharmaceutical Bulk Drugs The tablet category accounts for the majority of the market because it is the most widely utilized form of paracetamol. Pain is treated with large doses of paracetamol. The amount of paracetamol sold in the United Kingdom is estimated to be just under 6,300 tonnes per year, according to the University of Oxford. Every year, 35 tonnes per millions of people consume 35 grammes or 70 paracetamol tablets. India's pharmaceutical sector is ranked third in terms of volume and 14th in terms of value in the world. It is the world's largest provider of generic medications, accounting for 20% of global exports in generics. Market Research: - Market Research Report In 2019, India's domestic pharmaceutical market sales increased by 9.8% year on year to Rs 1.4 lakh crore (US$ 20.03 billion), up from Rs 129,015 crore (US$ 18.12 billion) in 2018. The Indian pharmaceutical sector is the world's third largest in terms of output volume and thirteenth in terms of domestic demand. India has the world's third largest active pharmaceutical ingredients (API) market, worth little under USD 2 billion. About 6.5 percent of APIs are produced by the top five companies. Antibiotics, gastrointestinal, cardiovascular, and respiratory medicines are the most common APIs. Overall, there is a lot of room for new entrepreneurs to get involved in this industry. Rising Demand of Paracetamol Tablets Because of COVID-19 Pandemic: As a result of the COVID-19 pandemic, demand for paracetamol-based medications for the symptomatic treatment of fever in patients has increased. Due to the lack of direct medications for the treatment of COVID-19, doctors have had to rely on symptomatic therapies. Because of its widespread availability, paracetamol has been recommended for managing fever in adults and children with COVID-19 by various healthcare authorities around the world, including the National Institute for Health and Care Excellence (NICE), the National Health Service (NHS), the CDC, and the Ministry of Health and Family Welfare (MOHFW) of the Government of India. Profile- Project Reports & Profiles The official Covid-19 treatment regimen in India continues to promote the use of treatments that have been dismissed by numerous scientists around the world. In the case of coronavirus infections, doctors advise that little is more. That means most patients will only require paracetamol for symptom relief, anti-allergy medicines in some circumstances, and inhaled steroids under doctor supervision for lung-related issues. During the COVID-19 pandemic, it was widely regarded as the major and most effective analgesic medicine for treating COVID-19 symptoms by the scientific community. Major Key Players: 1. Alpha Remedies Ltd. 2. Alta Laboratories Ltd. 3. Farmson Pharmaceutical Gujarat Pvt. Ltd. 4. Granules India Ltd. 5. Haffkine Ajintha Pharmaceuticals Ltd. 6. Nalin Chemicals Ltd. 7. Neelachal Technologies Ltd. 8. Pan Drugs Ltd. 9. Satyadeeptha Pharmaceuticals Ltd. For More Details: https://www.entrepreneurindia.co/project-and-profile-listing.aspx?srch=Paracetamol #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #Paracetamol #ParacetamolMarket #GlobalParacetamolMarket #ParacetamolProduction #APIProducts #APIMarket #APIBusiness
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Start a Manufacturing Unit of Razor Blade for Safety Razors and Disposable Safety Razors. Men's Shaving Products Industry Opportunities.

Safety razor users claim that because they aren't dragging up to five blades across their skin at once, they experience less irritation and ingrown hairs. The anatomy of a safety razor is simple to understand. The head of a three-piece razor is made up of a cap and a plate that brace the razor blade. The handle, which might be constructed of metal or wood, is commonly twisted into these. The sort of razor's head is a topic that gets a lot of attention. A safety bar is built into every plate, and it lies immediately below the razor blade. Related Projects: Industrial & Engineering Products, Manufactured Goods, Industrial Engineering Products. Mechanical, Engineering, Automobile Industries, Metal, Metallurgical, S.S. Utensil, Wire, Aluminum, Brass, Copper Products, LPG Cylinder and Valves The double-edged safety razor has two open edges and a slant bar that can be used on both sides. The double-edged safety razor's blade is slightly bent to provide a smoother, cleaner shave. The blades used in Razors are known as Razor Blades. These are a thin, flat metal piece with sharp edges. The razor blades are used to remove unwanted hair from the face and other regions of the body. Razor blades cannot be sharpened since they are fixed within the razor. These blades can, however, be replaced with a new razor blade. Razor blades are extremely thin and sharp, allowing for extremely delicate shaving precision. A razor blade is a flat piece of metal with a sharp edge that is used to cut hair. It's used to get rid of unsightly body and facial hair. Start an Industry in Lakshadweep, Click Here Start a Business in Vietnam, Click Here Benefits: Shaving is a part of many people's lives to some extent or another. Safety razors & Disposable Safety Razor are virtually always better than cartridge-based shavers, whether on the face, head, legs, armpits, or elsewhere. Some Benefits of Safety Razors and Disposable Safety Razors: 1. A Closer Shave: Safety razors eliminate a lot of the uncertainty involved in shaving. Because the blade's edge is the only point of touch with your flesh, it's simple to obtain a sense of what will be sliced. 2. Cost Effective: While purchasing a double edged razor may appear to be costly at first, it is really cost effective in the long run when considering that the only thing you will need to purchase are the blades, which are actually less expensive than cartridge blades. Books:- BOOKS & DATABASES 3. Less Skin Irritation: One of the most obvious ways in which safety razors outperform other razors is in the area of razor burn, or the irritation caused by shaving. 4. More Exact Lines: Safety razors make shaving more precise. Cartridge-based blades feature two to seven blades and their razors are wrapped in plastic buffers. Start an Industry in Madhya Pradesh, Click Here Start a Business in Tanzania, Click Here Market Outlook: In the years 2020-2026, the global double edge razor blade market is expected to rise at a significant rate. The market's growth can be due to people switching from traditional razors to double edge sensors since they are easier to use and reduce the danger of shave burn. The double edge razor's main commercial constraint is its higher initial expenditure. Related Videos: Industrial & Engineering Products, Manufactured Goods, Mechanical, Automobile, Metal, Metallurgical, Wire, Aluminum, Copper Products, LPG Cylinder Furthermore, in the case of this type of razor blade, an individual must learn how to shave effectively. The expanding urge to look well groomed, increased per capita income, and expanding urbanization are all contributing to this increase. Men's grooming industry demand has expanded in recent years as a result of growing male customer awareness of their appearance. Market Research: - Market Research Report Furthermore, because more than half of the population is under the age of 30, the industry has a large local market. Furthermore, the market is predicted to rise through 2025 due to an increase in the urban middle class population and enhanced distribution channels in tier II and tier III cities. Start an Industry in Maharashtra, Click Here Start a Business in South Africa, Click Here Major Key Players: 1. Gillette (PandG) 2. Edgewell Personal Care 3. BIC 4. Laser Razor Blades 5. Benxi Jincheng 6. Kaili Razor 7. Ningbo Jiali 8. Liyu Razor For More Details: https://bit.ly/3guIDVs #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #SafetyRazor #ShavingProducts #MensGroomingIndustry #MensGroomingProduct #MensGroomingMarket #mensgroomingtrends
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Small Volume Parenteral Solutions (SVPs) Manufacturing Plant. Opportunities in Business of Pharma.

SVP includes all sterile items packaged in vials, ampoules, cartridges, syringes, bottles, or any other container with a capacity of 100mL or less. Although topically applied to the eye rather than delivered by injection, ophthalmic products packaged in squeezable plastic containers As long as the container size is 100ml or less, they are classified as Small Volume Injections (SVI). Related Project: Emerging Business of Small Volume Parenteral Solutions SVPs Start Investing in Most Growing Business of Pharmaceutical Because of local irritation, SVP aqueous solutions can be given intravenously. Small volume parenteral medicines come in a range of forms and can be made and packed in a variety of ways, including: Pharmaceuticals, etc. Genetically engineered or biotechnology products, biological goods, diagnostic agents, allergenic extracts, radiopharmaceutical products, dental goods, genetically engineered or biotechnology goods Liposomes and lipid products are two types of lipids. Start an Industry in Jharkhand, Click Here Start a Business in Oman, Click Here Applications of Small Volume Parenteral Solutions (SVPs): Local anesthetics, vaccinations, and other injectable medications are among the things that Small Volume Parenterals can be used for. Typically, the 10 to 100 mL range is used for multi-dose applications. Local anesthetics, vaccinations, and other injectable medications are among the things that Small Volume Parenterals can be used for. Typically, the 10 to 100 mL range is used for multi-dose applications. Single or several doses of small volume parenterals are available. In most cases, the volume is less than or equal to 100 ml. Related Books: Pharmaceutical, Drugs, Proteins Technology Handbooks The majority of medications are dispensed via small volume parenterals. When taken orally, medications that are poorly absorbed, inactive, or ineffective can be used. The IV method has a quick beginning of effect. To induce a gradual or delayed beginning of effect, intramuscular and subcutaneous methods can be employed. Problems with patient concordance can be avoided. Start an Industry in Karnataka, Click Here Start a Business in Nepal, Click Here Market Outlook: The Global Small Volume Parenterals (SVP) Business is a thorough reference for newcomers to the market. The global Small Volume Parenterals (SVP) market's growth prospects for 2018-2023. Because of the rise in biologics and complicated active pharmaceutical ingredients (APIs) in development, parenteral medications have become a significant portion of the pharmaceutical business. Market Research: - Market Research Report Parenteral medications are medicinal formulations that are administered by a route other than the mouth or anally. Before being absorbed into the body, all enteral preparation must pass via the stomach and liver, where a significant portion is eliminated or changed. As a result, parenteral preparations are created for medications that must reach target organs in a near-unaltered state. Books: - BOOKS & DATABASES With these preparations, the time it takes to reach a therapeutic blood level is also reduced. These medications are currently in high demand due to the global rise in all types of illness, particularly chronic diseases that require long-term treatment. Due to the fact that parenteral entrance generally necessitates basic paramedic expertise, these medications are rarely self-administered and are only found in professional healthcare settings. Related Videos: Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates, Pharmaceutical Drugs, Pharma Drug Ingredients Intermediates, Pharmaceutical Bulk Drugs The parenteral market is expected to grow in tandem with the rise in demand for good healthcare. Due to the fact that parenteral entrance generally necessitates basic paramedic expertise, these medications are rarely self-administered and are only found in professional healthcare settings. The parenteral medication industry is expected to grow in tandem with the rise in demand for decent healthcare. Start an Industry in Kerala, Click Here Start a Business in Mozambique, Click Here Major Key Players: 1. Allergan 2. Bayer 3. GSK 4. JandJ 5. Pfizer 6. Teva 7. Novartis For More Details: https://bit.ly/3pTMwYd #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #Parenterals #PharmaIndustry #PharmaMarketing #PharmaBusiness #PharmaMarketingOpportunity #PharmaOpportunity #PharmaProduction #PharmaManufacturing #pharmaceuticalMarket #pharmaMarketGrowth
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Ductile Iron Pipe Fittings Manufacturing Business. Investment Opportunities in Pipe Fitting Business.

Pipe Fittings are a piping component that aids in the installation of piping. Elbows and tees change the direction of the flow. Reducers and reducing tees change the size of the pipe. Different components, like as couplings, are used to connect and stop flows, whereas Caps are used to stop the flow. Depending on the material, characteristics, and purposes of the pipes and fittings used, pipe joints can be secured in a variety of methods. The installation or repair of pipes or tubes is referred to as pipe fitting. Related Projects: Business of Pipes and Tubes Pipes and tubes are required for a variety of purposes. Pipe fittings are a diverse group of goods that come in a variety of shapes, sizes, and materials. The push-on connection is the most common, quickest, and easiest-to-assemble joint for Ductile Iron pipe and fittings in underground applications. This connection is made up of a single rubber gasket that is inserted into a groove within the socket at the pipe's bell end. Ductile iron pipes are easy to connect, can be laid in any weather, and don't always require special backfill. It is the appropriate pipeline material for a wide range of applications due to its high safety factor and ability to accommodate ground movement. Start a Business in Swaziland, Click Here Start an Industry in West Bengal, Click Here Benefits: 1. Once installed, it requires relatively little care and is expected to endure at least 100 years. 2. Ductile Iron Pipe is a 100 percent recyclable material that has up to 90% recycled content. 3. Lower expenses due to improved flow capacity result in significant energy savings over the pipe's service life. Ductile Iron is cost-effective. Books: - BOOKS & DATABASES 4. It can handle the harshest environments, including high-pressure applications, tremendous earth and traffic loads, and unstable soil conditions. 5. It is more ductile than grey iron. 6. Impact resistance is higher than grey iron. 7. More durable than grey iron 8. Grey iron is heavier and more difficult to place. 9. Joints are easy to work with. Start a Business in Tunisia, Click Here Start an Industry in Tripura, Click Here Market Outlook: The market for Ductile Iron Pipes was $4,600 million in 2017 and is predicted to reach $9,428 million by 2026, rising at an annual rate of 8.3%. The primary application of ductile iron pipes is in the delivery of drinking water. Supply system breakdowns result in portable water losses. Due to increased demand for these pipes in developing nations, the worldwide ductile iron pipes market is expected to grow at a significant rate during the forecast period. Related Videos: Industrial & Engineering Products, Manufactured Goods, Mechanical, Automobile, Metal, Metallurgical, Wire, Aluminum, Copper Products, LPG Cylinder The global market for ductile iron pipes is fragmented due to the presence of several manufacturers all over the world. The market for ductile iron pipes has grown significantly due to the unprecedented growth of end-use industries. Drinking water distribution, wastewater, irrigation, mining, and other applications make up the worldwide ductile iron pipe market (including pump stations and process and treatment works). Start a Business in Zimbabwe, Click Here Start an Industry in Puducherry (Pondicherry), Click Here Major Key Players: 1. Deccan Mechanical & Chemical Inds. Pvt. Ltd. 2. Disa India Ltd. 3. Ductile Castings Ltd. 4. E S L Steel Ltd. 5. Electrosteel Castings Ltd. 6. Jainsons Corporation Ltd. 7. Jindal Saw Ltd. 8. Mcwane India Pvt. Ltd. For More Details: https://www.entrepreneurindia.co/project-and-profile-listing?CatId=80&SubCatId=80&CatName=PIPE%20&%20TUBES #DetailedProjectReport #businessconsultant #BusinessPlan #feasibilityReport #NPCS #entrepreneurindia #startupbusiness #ProjectReport #startup #projectconsultancy #businessopportunity #DuctileIronPipeFittings #ductileironfittings #pipefittings #DuctileIronPipe #ironfittings
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Manufacturing Business of Silicon Metal. Investment Opportunities in Profitable Industry.

Silicon metal is a semi-conductive grey metal that is used in the production of steel, solar cells, and microchips. Silicon is the second most plentiful element in the earth's crust (after oxygen) and the universe's eighth most common element. Silicon accounts up over a third of the weight of the earth's crust. Silicon is the eighth most abundant element in the universe by mass, yet it is extremely rare in the Earth's crust as a pure element. It is most widely spread in space as various forms of silicon dioxide (silica) or silicates in cosmic dusts, planetoids, and planets. Silicate minerals make up more than 90% of the Earth's crust, making silicon the second most abundant element in the crust (approximately 28 percent by mass) behind oxygen. Silicon is a naturally occurring element with a 400-year residence duration in the world's oceans when not previously there. Uses of Silicon Metal: Commercially, silicon is used without being separated and with minimal processing of the native minerals. Clays, silica sand, and stone are used in industrial construction. Silicates are found in Portland cement, which is used to manufacture mortar and stucco, as well as concrete for walkways, foundations, and roadways. They're also found in whiteware ceramics like porcelain, as well as standard silicate-based soda-lime glass and a variety of speciality glasses. Silicon carbide, for example, is employed as an abrasive and as a component of high-strength ceramics. Silicon is the main component of silicones, which are commonly used synthetic polymers. Market Outlook: The global silicon metal market was worth USD 6.05 billion in 2019 and is predicted to increase at a CAGR of 4.6 percent between 2020 and 2027. The market is likely to be fueled by rising aluminium output around the world. Various reasons are currently driving the global silicon metal market, including a rise in demand for aluminium alloys in the automotive industry, an increasing silicone application spectrum, demand from energy storage industries, and consistent demand from the worldwide chemical sector. Growing use of silicon metal in solar panel manufacture and a focus on lowering silicon metal production costs will help the global silicon market grow in the future. Silicon metal is already a critical component of the metal smelting industry; however, demand for the material has risen in recent years, owing primarily to the electronics and solar industries. In 2019, Asia Pacific dominated the Silicon metal market, with a revenue share of 38.3 percent. The presence of a big aluminium and silicone production base in China is responsible for this high proportion. In addition, China is the world's largest manufacturer of silicon metal. China's market is oversupplied, and as a result, the country exports a significant amount of its product. Partially consolidated is the silicon metal market. The market is divided into two categories based on product type: metallurgy grade and chemical grade, with metallurgy grade dominating the market. Aluminum alloys, semiconductors, solar panels, stainless steel, and other applications are the segments of the market. Major Key Players: 1. Gravita India Ltd. 2. Kothari Metals Ltd. 3. Oswal Minerals Ltd. 4. Singhania Minerals Pvt. Ltd. 5. Welcome Impex Pvt. Ltd.
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Lucrative Business Opportunities in Production of Medium Density Fiberboard (MDF). Increasing Demand of Wood and Wood Based Products.

MDF (Medium Density Fibreboard) is a type of reconstituted wood panel. It's a solid, dry-processed fibreboard made from wood fibres rather than veneers or particles. It's denser than plywood and particleboard. MDF has a consistent density and is smooth on both sides. MDF is reconstituted into a variety of widths and lengths of wood sheets. The inclusion of synthetic resin adhesives, which are cured under heat and pressure, achieves bonding. Because of its weak moisture resistance, MDF is mostly used for inside applications. It comes unfinished with a fine sanded surface or with a decorative overlay like wood veneer, melamine paper, or vinyl. The following are the different types of MDF (which are sometimes classified by colour): 1. MDF plate that is extremely light (ULDF) 2. Moisture-resistant plywood is usually green in colour. 3. MDF that is fire resistant is usually red or blue in colour. Advantages of Medium Density Fiberboard: 1. Moderate Density Fibreboard has no grain and may be drilled and sliced without damaging it. Its great density allows equipment to be used on it. 2. It is free of kinks and knots and has a smooth surface. 3. Unlike actual wood, MDF does not flex or expand as a result of temperature changes. The swelling that happens in MDF as a result of moisture exposure is likewise minor. 4. Because of its high density, MDF holds hinges and screws better. 5. Unlike raw wood, which takes a long time to dye, MDF is simple to stain and colour. 6. MDF can be easily cut and carved into various designs due to its smooth edges. 7. To simulate genuine wood, the panel can be stained or painted. MDF panels can also be covered in laminates and wood veneers to make them look like real wood. Market Outlook: The global market for medium density fiberboard was worth USD 61.3 billion in 2019 and is predicted to increase at a CAGR of 6.6 percent from 2020 to 2027. The growing use of the product in furniture and building applications is projected to drive demand. The MDF market is being driven by an increase in demand for MDF for furniture, as well as the widespread usage of these boards in building materials. Because of expanding product application in furniture and building applications, as well as technical breakthroughs and improvements in production, the global medium density fiberboard (MDF) market is predicted to rise rapidly. One of the key factors contributing to the global MDF market's growth is the increasing building and construction industry, particularly in emerging countries. In 2019, Asia Pacific dominated the MDF market, accounting for 61.0 percent of total market share. In the construction industry, increased construction investment in emerging nations to fulfil rising residential housing demand is predicted to be a major factor boosting demand for MDF panels. The rising usage of recycled wood fibres in MDF production has also helped to propel the medium density fiberboard industry forward. Growing manufacture of environmentally friendly MDF products will provide new market prospects. All of these reasons are expected to boost demand for medium density fiberboard in the future years. Major Key Players: 1. Amazon Wood Pvt. Ltd. 2. Aryan Enterprises Pvt. Ltd. 3. Asian Pre-Lam Inds. Pvt. Ltd. 4. Associate Decor Ltd. 5. Bajaj Eco-Tec Products Ltd. 6. Best Board Ltd. 7. Darshan Boardlam Ltd. 8. Divine Board Pvt. Ltd.
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