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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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Manufacturing Plant of Steel Shipping Container (Cargo Container)

Containerized shipping has revolutionised the way goods and materials are carried, but it can take some time to figure out how everything works. When it comes to transporting large cargoes across long distances, cargo containers are the most efficient mode of transport. These solid metal boxes may resemble something out of Star Wars, but they're actually a cost-effective and environmentally responsible way to move goods around the world, especially when compared to road or air freight. In the maritime trade, the containerization system of transportation consists primarily of specialised container vessels and containers for carrying products. The shipping lines furnish the containers to the shippers, either directly or through leasing agreements. Every year, the freight container sector produces a large number of intermodal containers. They're utilised all around the world to convey things. Each year, roughly 180 million container cargoes are transported across the oceans by about 5000 container ships. For global trade enterprises to thrive in today's increasingly competitive economic environment, international transportation of containerized commodities is essential. Containers are typically built of steel (for marine containers) or aluminium (for domestic containers), and their structure provides flexibility and hardiness. Intermodal and containerization development are mutually inclusive, self-strengthening, and rely on a set of driving forces linked to technology, infrastructure, and management. Containers are being used by some companies to transfer legacy applications to more modern settings. While this method provides some of the basic advantages of operating system virtualization, it does not provide all of the advantages of a modular, container-based application architecture. Refactoring is far more time-consuming than lift-and-shift migration, but it allows you to reap the full benefits of a container environment. Individual container building parts make it easier to isolate, deploy, and scale distributed systems and microservices. Using container technology, you can quickly build, test, and deploy your applications using the same container images. In 2019, the global Shipping Containers Market was valued at US$ 10,350.1 million and 306,324 thousand units, and it is predicted to grow at a CAGR of 5.9% from 2020 to 2027. Containerization's increasing speed, reliability, and safety have driven enterprises to use containers to ship their goods. Containerization is boosted even further by lower long-distance containerized transportation costs paired with trade globalisation. Container transport is expected to develop significantly by the end of 2015, according to Coherent Market Insights' analysis. As a result, these factors are projected to drive the worldwide shipping container market forward in the coming years. Key Players • D C M Hyundai Ltd. • J K Technosoft Ltd. • Techno-Cap Equipments India Pvt. Ltd.
Plant capacity: Cargo Containers (Size 20 Feet): 34 Nos per DayPlant & machinery: 3.21 Cr
Working capital: -T.C.I: Cost of Project: 18.13 Cr
Return: 28.00%Break even: 52.00%
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Business Plan for Micronutrient Fortified Energy Dense Food Manufacturing

Although most people think of protein as the nutrient that makes us feel full and gives us energy, micronutrients can also help us feel full and give us the energy we need to go through the day. Foods that have had their nutritional profile upgraded to add vitamins, minerals, or other nutrients that are helpful to our health but are deficient in the ordinary diet are known as micronutrient-fortified foods. Micronutrient-fortified food aids in the prevention of chronic diseases such as obesity, diabetes, and heart disease by boosting the consumption of micronutrients (vitamins and minerals) that could otherwise be insufficient in the diet. Many micronutrients, such as vitamins C and B6, folic acid, zinc, and magnesium, play a role in maintaining a healthy body weight and blood sugar levels. We need to consume certain critical vitamins and minerals every day for health reasons, and failing to do so can lead to a variety of health problems in the future. Deficiencies in one or more micronutrients, such as iron, zinc, and vitamin A, are common in low- and middle-income nations, limiting millions of people's physical and cognitive abilities. Food fortification is a low-cost method that has been shown to provide health, economic, and social benefits. Despite ongoing debates about the effectiveness and safety of food fortification in some countries and around the world, the practise has significant benefits across all of the main vehicles for food fortification (large-scale food fortification, bio fortification, and point-of-use or home fortification), ranging from lowering the prevalence of nutritional deficiencies to societal and economic benefits. Micronutrient deficiencies are caused by a lack of nutrient-dense foods in the diet, as well as nutrient losses through poor diets, illnesses, and blood loss during menstruation (women of reproductive age). Micronutrient needs are particularly high during early growth, pregnancy, and lactation. Several country-level studies on the impact of food fortification on micronutrient status have yielded encouraging results. In Indonesia, for example, a study conducted in two districts of West Java evaluated the effects of large-scale fortification on the vitamin A status of women and children and discovered that fortified oil increased vitamin A intake close to the recommended nutrient intakes, contributing on average 26 percent of daily need for children aged 12 to 23 months, 38–40 percent for older children, and 29–35 percent for women. The market for fortified foods is expected to reach $172.4 million in 2020, growing at a CAGR of 6.1 percent from 2021 to 2026. Foods that have been supplemented with nutrients that are not naturally present in them are known as fortified foods. These foods are intended to improve nutrition and provide health benefits. Calcium could be supplied to fruit juice extracts, for example, because milk is usually fortified with vitamin D. The global market for fortified foods is being driven by a growing awareness of the need of maintaining a disease-free and healthy lifestyle. Additional microelements, such as major trace elements and several vitamins, are provided through fortified foods. The term "enhanced food" refers to food that has been fortified with nutrients that were lost during preparation. Furthermore, following processing, many refined grains, such as wheat flour, can be treated with folic acid, riboflavin, and iron. This is aimed at restoring the body's natural vitamin levels. Key Players • Hindustan Foods Ltd. • Natureland Organic Foods Pvt. Ltd.
Plant capacity: Micronutients Fortified Energy Dense Food (Rice): 1,600 Kgs per DayPlant & machinery: 23 Lakh
Working capital: -T.C.I: Cost of Project: 56 Lakh
Return: 27.00%Break even: 66.00%
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Camphor Powder (Technical Grade) Making Business

Camphor (Cinnamomumcamphora) is a white, crystalline material obtained from the wood of the camphor laurel (Cinnamomumcamphora) and other related laurel trees. Camphor is a fragrant evergreen tree native to China, India, Mongolia, Japan, and Taiwan, and a variation of it is grown in the Southern United States, particularly in Florida. Camphor is made by steam distilling, purifying, and sublimating the tree's wood, twigs, and bark. Camphor is used as a topical analgesic, antibacterial, antispasmodic, antipruritc, antiinflammatory, antiinfective, rubefacient, contraceptive, mild expectorant, nasal decongestant, cough suppressant, and many more pharmacological purposes. Camphor is easily absorbed through the skin and can also be given as an injection, inhaled, or swallowed. Camphor, also known as camphor powder (technical grade) or camphor oil, is an organic chemical that comes in the form of white crystals or crystalline powder and has a minty odour and a faint numbing taste. Its CAS number is 458-28-4. Camphor Powder (Technical grade) (CAS-No. 458-28-4) has a molecular weight of 164.23g/mol and is discovered to be the principal component in this type of product. Camphor powder, commonly known as camphor crystals, is derived from the wood of Cinnamomum trees. The bark and leaves of these trees are used to manufacture essential oils and medicine in China, Southeast Asia, and India. Camphor has been used as a pain reliever since ancient Greece and Rome, and it is still a common ingredient in ointments, liniments, and balms today. Some cosmetics and colognes contain it as well. Camphor powder is a solid derived from the Camphor tree, an evergreen tree endemic to Asia, particularly the southern sections of China and Taiwan. It's found in a variety of items, including soaps, detergents, and chewing gum, to impart a minty or mentholated aroma and/or flavour. It also acts as an antiseptic, killing germs and bacteria. Camphor used to be manufactured by distilling the camphor tree's bark and wood. Camphor is now produced chemically from turpentine oil. Vicks VapoRub, for example, contains it. Camphor products can be applied topically on the skin or breathed. Camphor is applied topically to ease pain and irritation. It's also been used to treat toenail fungus infections, warts, cold sores, haemorrhoids, and osteoarthritis. Camphor is applied topically to enhance local blood flow and as a "counterirritant," which causes discomfort to lessen pain and swelling. Camphor should not be applied to broken skin since it can quickly enter the bloodstream and reach high enough amounts to induce poisoning. Over the next five years, the global camphor market is expected to develop at a CAGR of 7.9%. The growing demand for camphor in the manufacture of medicine for various disorders is projected to propel the camphor market forward in the approaching years. Camphor, also known as camphor powder (technical grade) or camphor oil, is an organic chemical that comes in the form of white crystals or crystalline powder and has a minty odour and a faint numbing taste. Its CAS number is 458-28-4. Camphor Powder (Technical grade) (CAS-No. 458-28-4) has a molecular weight of 164.23g/mol and is discovered to be the principal component in this type of product. Camphor powder, commonly known as camphor crystals, is derived from the wood of Cinnamomum trees. The bark and leaves of these trees are used to manufacture essential oils and medicine in China, Southeast Asia, and India. Camphor has been used as a pain reliever since ancient Greece and Rome, and it is still a common ingredient in ointments, liniments, and balms today. Key Players • Camphor & Allied Products Ltd. • Kanchi Karpooram Ltd. • Mangalam Organics Ltd. • Oriental Aromatics Ltd. • Oriental Aromatics Ltd. • Saptagir Camphor Ltd.
Plant capacity: 600 Kgs Per dayPlant & machinery: 96 Lakh
Working capital: -T.C.I: Cost of Project: 160 Lakh
Return: 29.00%Break even: 67.00%
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Detailed Project report on Manufacturing of Sterile Water for Injection

SWFI (Sterile Water for Injection, USP) is sterile water for injection that has been purified by reverse osmosis and deionized using modern technologies to meet or exceed USP criteria for sterility, physical characteristics, and purity. The ionic content of SWFI is less than 10 mg/L. (TDS). Water is frequently utilised in therapeutic applications as a vehicle or dilution for other drugs. SWFI (Sterile Water for Injection) is sterile water that has been sterilised and disinfected to be used as an injection. SWFI is used to deliver injections to patients or to prepare and clean an area before providing an injection in both hospitals and doctors' offices. Sterile Water for Injectable (USP) is a sterile, non-pyrogenic injection water. The pH ranges from 3.5 to 7.0, with an osmolality range of 50 to 300 mOsm/kg (calc). The most common sterile preparations are solutions or suspensions, however solid pellets for tissue application are also possible. Parenteral drug manufacture has evolved into a highly specialised field of pharmaceutical processing. The backbone of sterile formulation and/or pharmaceutical dosage form is sterile facilities for all pharmaceutical products, particularly parentral preparation. It is critical to maintain sterility in all locations where the formulation process is carried out, from the beginning to the end. Because they are injected directly into the bloodstream, sterile injectable products are extremely important and delicate. Sterile Water for Injection is only intended to be used as a solvent or diluent vehicle for parenterally delivered medications or solutions, as well as a source of water for parenteral fluid replenishment once appropriate additives have been added to prevent blood tonicity. It can be used as a lavage or rinsing agent in some circumstances, although if available, isotonic solutions adequate for the area of exposure are preferred. Sterile Water for Injection provides a supply of water for parenteral fluid replenishment when adequate osmolarity has been attained when supplied intravenously as a medication vehicle. By 2025, India's biotechnology industry, which includes biopharmaceuticals, bioservices, bioagriculture, bioindustry, and bioinformatics, is predicted to develop at a 30 percent annual pace to reach US$ 100 billion. The rise in lifestyle disorders such as diabetes and heart disease has increased demand for pharmaceuticals in India. India has a big reservoir of scientific and research talent, as well as a large population with high cancer and chronic disease rates. India is a suitable location for drug research and clinical trials due to its shorter recruitment timeframes and reduced expenses. By 2025, the Indian pharmaceutical sector is estimated to be worth US$ 100 billion, while the medical device market would be worth US$ 25 billion. In FY20, India's pharmaceutical exports totaled US$ 20.70 billion. Bulk pharmaceuticals, intermediates, drug formulations, biologicals, Ayush and herbal items, and surgical products are all examples of pharmaceutical exports. Key Players • Albert David Ltd. • Amanta Healthcare Ltd. • Chandra Bhagat Pharma Ltd. • Denis Chem Lab Ltd. • Health Biotech Ltd. • Ivy Health & Life Sciences Pvt. Ltd.
Plant capacity: Ampoules 5 ml Size: 200,000 Nos. per day | Ampoules 10 ml Size: 150,000 Nos. per day | Ampoules 20 ml Size: 150,000 Nos. per dayPlant & machinery: 19.33 Cr
Working capital: -T.C.I: Cost of Project: 30.40 Cr
Return: 27.00%Break even: 39.00%
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Business Plan for Polyester Textured Yarn from Used Pet Bottle

Polyester Texturised Yarn, also known as polyester filament, polyester filaments, or polyester staple fibre, is a tightly woven yarn that has been texturized with finer filament cones. High Tenacity (HT) and High Twist (HT) are two subcategories of polyester texturised yarn (HT). HTY has the most tenacity and twist, while HTY and HTY are well balanced in terms of tenacity and twist. Polyester texturised yarn (also known as PT yarn) is a form of fabric that has the appearance and feel of cotton. It combines the strength and durability of polyester with the warmth, softness, and comfort of cotton, and it may be used for apparel as well as home décor items like bedding, curtains, slipcovers, and cushions. PT yarn is made up of microfibres that are stretched on both sides, resulting in a looped pattern that gives it its textured appearance. Choosing this sort of fabric over natural fabrics has a number of advantages, including cost savings and a greater number of possible combinations when designing clothing or any other project. When it comes to polyester texturised yarn, there are a plethora of possibilities. It can be found in a variety of garments, including socks, cardigans, underwear, and head scarves. It can also be used to make carpets, handbags, and other related items in the textile business. Yarns are spun fibres that are used to make textiles and other yarn-related items. Yarn can be created from nearly any fibre, but it is most usually made from animal hair like sheep's wool, cotton, or synthetic fibres like polyester or nylon. PET (Poly-Ethylene Terephthalate) is a type of plastic that is commonly used nowadays. PET bottles are everywhere in our daily lives–all one has to do is look around to see a PET bottle containing mineral water or soft drink, or being utilised for various purposes. PET bottles have a lot of value after they've been used, and recycled PET (r-PET) can be used in a range of applications. Waste collectors are highly interested in post-consumer PET bottles because of this. Waste collectors pay Rs.20-25/kg for discarded PET bottles. These bottles are purchased by kabadiwallahs, or garbage dealers, who hire individuals to sort, segregate, and sell the bottles to large vendors or recyclers. Discarded PET bottles are collected, sorted, cleaned, shredded, and made into 'washed flakes,' which are then used to make a variety of products, starting with polyester fibre, which is used as filling material for cushions and pillows, and then converted to fabrics for use in clothing, upholstery, and other applications. Polyester Yarn market size is estimated to increase at a CAGR of 7.4% from 2021 to 2025, reaching USD 110580 million by 2025, up from USD 83210 million in the previous research period. Because of its better physical characteristics, cheaper price, adaptability, and recyclability, polyester is the most desired and demanded fibre in the textiles business, providing a unique set of features unmatched by any other natural or synthetic fibre. The textile industry is seeing an increase in demand for both drawn texture yarn and fully drawn yarn. However, due to advancements in post-treatment technology and the reduced cost of fully drawn yarn, it is expected to overtake drawn texture yarn in the next years. Recycling polyester, performance and functional wear fabrics, home textiles, and other applications are included in this area. As the clothing, fashion, and retail industries move toward the development and manufacture of new items, demand for recycled polyester yarn is increasing. The idea of employing recycled polyester in many industries is gaining traction in developed countries around the world. Incorporating recycled polyester Yarn yarns derived from plastic bottles into garment products is becoming more common. Key Players • Agrawal Indotex Ltd. • Ajay Spinners Ltd. • Arisudana Industries Ltd. • Base Industries Ltd. • C I L Nova Petrochemicals Ltd. • Central India Polyesters Ltd.
Plant capacity: 50 MT Per DayPlant & machinery: 19.08 Cr
Working capital: -T.C.I: Cost of Project: 38.44 Cr
Return: 28.00%Break even: 54.00%
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Surgical Disposables Gowns and Drapes Manufacturing Business

A surgical drape is a non-woven covering made of disposable material that is used to cover a patient's region. A fenestration (an aperture) in a drape allows the surgeon to execute the procedure. It is available in a variety of sizes, depending on the sort of operation. Visit this Page for More Information: Start a Business in Medical Disposables Industry Drapes differ from one hospital to the next. For an eye operation, a 15-square-inch drape with a 3-square-inch fenestration might suffice, whereas for open heart surgery, the largest drape available, a laparotomy drape that covers the entire body, is required. Surgical drapes are used to keep the operating room clean and bacteria-free. Watch Video: Starting a Business of Medical Protective Gowns | Medical Disposables Gowns and Drapes Uses of Medical Disposables Gowns and Drapes: Gowns and drapes are used widely in healthcare facilities. Gowns have been used to minimize the risk of disease acquisition by healthcare providers, to reduce the risk of patient-to-patient transmission, and during invasive procedures to aid in maintaining a sterile field. Drapes have been used during invasive procedures to maintain the sterility of environmental surfaces, equipment, and patients. gowns protect healthcare personnel performing invasive procedures from contact with blood borne pathogens. Although gowns have been recommended to prevent patient-to-patient transmission in certain settings (eg, neonatal intensive care unit) and for certain patients (eg, those infected with vancomycin-resistant enterococci), scientific studies have produced mixed results of their efficacy. Watch other Informative Videos: Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals Manufacturing process of Medical Disposables Gowns and Drapes In most cases, gowns are manufactured by four main processes. These processes include embroidery, printing, heat-sealing, and sewing. There are also three additional methods that can be applied to gown production including serging, tube making and lamination. Medical Disposable drapes can be made through a few different manufacturing processes as well. The most common include embroidery, heat-sealing, cutting/folding/stitching or sewing. Additional processes for medical dress include lamination, tube making and serging. Related Feasibility Study Reports: Surgical, Medical Plastics, Medical Disposables, Disposable Medical Products used in Hospitals Each method has its own set of benefits depending on what is being produced, how many pieces are needed, etc. Another decision you’ll need to make when determining your drape manufacturer is which fabric will best suit your needs; there are three types commonly used in medical disposables—cotton, acrylic, and polyester. Some advantages of cotton over synthetic fabrics are softness, breathability and absorbency; however, it can shrink after several washes. Polyester tends to offer high strength and durability with added resistance to abrasion. Read our Book Here: Handbook on Medical and Surgical Disposable Products (Blood Bags, Plastic Gloves, I.V. Cannula, Infusion Set, Gowns, Masks, Catheter, Cotton and Bandage, Surgical Wear, Syringes) This makes it one of the more popular choices for medical facilities. Acrylic fabric offers moisture wicking properties along with anti-microbial characteristics that prevent bacterial growth or mildew growth at an optimal rate. Read Similar Articles: Medical Disposables Market Outlook: Surgical Drapes and Gowns Market is expected to increase at a CAGR of 4.42 percent from 2019 to 2026, to reach USD 3.23 billion. The rising number of surgeries and the rising prevalence of hospital-acquired infections are the main drivers of this market's expansion. The increased use of surgical drapes to protect surgeons and patients from surgical site infections is the main driver of this market's growth. Related Project: Business of Medical Disposables Gowns and Drapes The rising number of chronic diseases and operations, more knowledge of the use of surgical drapes and gowns, and the rising prevalence of hospital-acquired infections are all driving this industry forward. The Asia-Pacific area is predicted to be a profitable market. Increased awareness of chronic diseases and initiatives to promote the use of disposable surgical drapes and gowns are projected to boost the surgical drapes and gowns market size in the near future. Read our Books Here: Disposable Products (Medical, Surgical, Thermocol, Plastic, Paper, Domestic And General Products) - Use And Throw Items, Single Use Items, Disposable Take-Away Packaging, Disposable Items Manufacturing See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Waste Oil Recycling Business Plan | Investment Opportunities in Waste Lubricating Oil Recycling Plant

INTRODUCTION Waste lubricating oil recycling plants are installed at garages and used-oil collection centers to recycle waste lubricating oils and turn them into usable products for companies that make up for their losses. These plants extract out reusable products from used or wasted lubricating oils. In many cases, these plants also purify oil to produce commercial grade lubricants that can be sold to manufacturers or wholesalers. The plant is best suited for large scale production of oil and other re-usable commodities. How does the Waste Lubricating Oil Recycling Plant works? The waste lubricating oil recycling plant consists of various units such as a dryer, a centrifuge, and an environmental treatment device. During operation, waste lubricating oil would be input into a certain pre-designated area in factory where it would be dried out by a heat source until it’s completely vaporized from its liquid state. Afterwards, if needed for further processes, it will then be fed to a centrifuge where any solid contaminates are separated out from it before being recycled or disposed of accordingly. Depending on industrial oils, most customers opt for heavily refined versions due to their high quality performance when used during running machinery. This level of refining is done in a vacuum distillation process which often results in very large volumes of waste lube oil that contains no hazardous material whatsoever; these oily wastes can then be reprocessed using an advanced refining process known as hydro-treating. In many cases, only 15% new petroleum is required by these plants to maintain consistent overall energy use, resulting in about 85% reduction over traditional internal combustion engines. Then end product are called base oils Benefits Reducing waste oil disposal costs, saving carbon dioxide emissions, reducing urban air pollution and water contamination. The market potential for waste lubricating oil recycling is large in that more than 80% of industrial lubricants are used in machinery manufacturing and therefore eventually become waste after use. All these factors make waste lubricating oil a huge resource and investment opportunity. The waste lubricating oil recycling plant market is highly lucrative, and is expected to grow at a healthy CAGR. The rise in awareness about environmental pollution due to improper disposal of used oil has compelled end-users of lubricants and machinery manufacturers to adopt proper procedures for used oil management. In addition, it has also increased demand for recycled products that are friendly to environment. Market growth is highly dependent on factors such as rising disposable income, development of infrastructural facilities and diminishing crude oil prices. Waste lubricating oil recycling plant market is also driven by government regulations and incentives related to waste disposal and non-renewable energy generation. However, limited availability of space for installation may hamper industry’s growth over the forecast period. In addition, environmental concerns regarding wastage of lubricants in nature can restrict market share for recycled products.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Manufacturing Business of Zinc Sulphate | Profitable Business Opportunity in Chemical sector

Zinc Sulphate is a combination of zinc and sulphur. It is used in farming as an organic fertilizer, and is also found in various medicines. The manufacturing process involves extracting zinc and sulphur from their ores and then mixing them together. In some cases, aluminum sulfate might be added too. This can help with the binding of chemicals and prevent them from flowing off after application. Zinc is often referred to as spelter or mineral white zinc, while sulfur’s natural form is called brimstone or flowers of sulfur. When combined, they are generally sold under several names including STS (Sulphated Trisodium Sulfate), STP (Sulphated Tetraborate), WSP (water soluble phosphate) or just zinc oxide. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses of Zinc Sulphate Zinc sulphate solution may be used in the production of zineb (zinc ethylene bisdithiocarbamate). Zineb, and agricultural fungicide, is commonly employed to protect crops such as apples, pears, cabbage, broccoli and ornamentals as well as citrus, stone-fruit, cotton and wheat. Zinc Sulphate is used in agriculture as a weed killer and to give protection against pests. It is used to supply zinc in animal feeds and fertilizers; Zinc Sulphate is also an important constituent of the precipitating bath in the manufacture of viscose rayon and in electrolyte for zinc plating. Zinc Sulphate functions as a mordant in dyeing; as a preservative for skins and leather; and as an astringent and emetic in medicine. Read Similar Articles: Chemical Industry How is zinc Sulphate produced? Producing zinc sulphate are roasting and leaching, flash chlorination, and thermal decomposition. Each method is suitable for a specific range of zinc ores with differing sulfur contents. Roasting and leaching can be used to process an ore with up to 0.5% sulfur while flash chlorination is effective on ores containing 0.25% or more sulfur by weight. Related Feasibility Study Reports: Chemicals,Chemicals Organic, Chemicals Inorganic, Zeolite, Sulphate, Wax, Activated Carbon, Polishing, Compounds, Acids, Starch, Nitrate, Phosphate, Formaldehyde, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture and Vermi Compost Projects Thermal decomposition works best with ores that contain 20% sulfur or more and chlorine content of at least 70%. Flash chlorination produces more zinc oxide than other techniques but it also generates larger quantities of other compounds such as ammonium chloride (NHCl), calcium sulfate (CaSO4), sodium chloride (NaCl), potassium sulfate (K2SO4) and sodium carbonate ((Na2CO3). Thus, in many cases these impurities must be removed before commercial grade product is produced. Related Project: Zinc Sulphate - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Economics Market Outlook: Global Zinc Sulfate Market is valued to grow at healthy CAGR of 4.2% over in period 2020-2026. Increasing usage as a fertilizer additive in agricultural industry to prevent and correct zinc deficiency in crops, rising demand of applications of raw material for manufacturing latex products and usage as an herbicide for moss control are the key factors driving the market. Zinc sulfate plays a prominent role in treating zinc deficiencies in humans and is used as a fertilizer for agricultural sprays to improve soil nutrient which is expected to play a crucial role in the market development. Read our Book Here: The Complete Technology Book on Chemical Industries The zinc sulphate market in India is expected to reach US$ 40.5 MN by 2026, registering a CAGR of 10.7% during 2020–2026. Increasing demand for fungicides and pesticides in agriculture applications, growing interest of farmers towards using zinc sulphate for crops like rice, wheat, maize and cotton are some of the factors driving growth of zinc sulphate market in India. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Zinc has antifungal properties against several types of fungi causing different crop diseases such as Botrytis, Alter aria & Phytophthora Leaf Blight. Due to its anti-oxidant properties zinc acts as an effective rust inhibitor on boats, cars & equipment exposed to salt water or high humidity conditions. See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Set up an Edible Oil Refinery (Soya and Palm) Business | A Profitable Business Opportunity in Edible Oil Industry

Introduction An edible oil refinery involves refining soybean and palm oils for edible use. Edible vegetable oils are used in a wide variety of applications, from cooking to biofuels, depending on their chemistry. These processes require specialized refinery equipment to process them into finished products that can be used commercially or sold on store shelves. For instance, while soybean oil can be used as a frying medium or blended with ethanol to produce biodiesel fuel, a different process must be applied to turn it into lecithin. Visit this Page for More Information: Edible Oil Industry Palm Oil: The oil palm, Elaeisguineensis, is native to Africa. The commercial values of this crop lies mainly in the oil that can be obtained from the mesocarp of the fruit - palm oil and the kernel of the nut - palm kernel oil. In fact, oil palm is the only fruit that can give these two types of oil. Both are edible oils but with very different chemical composition, physical properties and applications. Palm oil is used mainly for cooking such as cooking oil, margarine and shortening but also has non-food applications such as soap, detergent, and cosmetics. Read Similar Articles: Oils and fats Soybean Oil: Soybean oil is a rich source of essential fatty acids, both linoleic and linolenic acid. These polyunsaturated fatty acids are important key to prevent cardiovascular diseases bylowering serum cholesterol through reducing lipoprotein ( LDL ) synthesis and increasing lipoprotein breakdown, as well as by the effect of linolenic acid. Linolenic acid reduces plaque formation and thrombosis by decreasing platelet aggregation, promoting prostaglandin E3 synthesis. Related Project: Setting a Profitable Business of Edible Oil Refinery (Soya & Palm) How to set up an Edible Oil Refinery You'll need a solid plan and setup to start a business as an edible oil refinery. Palm oil and soya bean sourcing are two essential elements in establishing a refinery. After creating your own refining process, the next step is to purchase equipment and machinery such as a crusher, vacuum system, separator, and so on. Water supply plant, electricity supply plant, office building, canteen, and other items are also vital for the smooth operation of the factory. Read our Books Here: Oils and Fats To acquire the finest results from the refinery equipment, adequate planning is required. For example, it takes a long time to set up machineries correctly, and if a mistake is made, it becomes difficult to continue working, resulting in lost money or machine damage if material becomes lodged somewhere. Because there will be continuous checking and tweaking, the labour will become exhausting. There should be someone in charge of maintenance once or twice a month to ensure that everything runs smoothly until the end of the project's life cycle. Benefits of Edible Oil Refining Soya & Palm Business You will receive refined edible oils, such as soya palm or palm, at a reasonable price. This is a capital-intensive firm with low human requirements, resulting in a high profit margin. As long as you have a modest scale processing plant and get raw materials from a reputable provider, there is no need to invest in equipment and technology. You can earn extra money by selling by-products like glycerol cake and sawdust, for example. Related Feasibility Study Reports: Edible Oils Market Outlook: The global edible oil market is estimated to grow at a CAGR of 3.57% from a market value of USD96.878 billion in 2019 to attain a market value of USD119.571 billion by the end of 2025. The global edible oil market is anticipated to witness a substantial growth owing to increasing popularity of unrefined, unprocessed, healthy, and organic oil. In the coming years, vegetable oils with low cholesterol, fat, and calories are likely to gain high response due to growing health awareness among people across the world. In addition, major improvement in retail network, increasing crop yields, oil production, and growing economies are some of the prominent factors supporting the growth of the global edible oil market. Watch other Informative Videos: • Oils and Fats • Essential Oils, Edible Oils, Phytochemicals, Aromatic Chemicals, Aromatic Compounds, Spice Oils and Oleoresins Projects The global soybean market is expected to register a CAGR of 5.78% during the forecast period (2020-2025). The growing awareness among consumers regarding the advantages of soybean oil, in comparison to other vegetable edible oils, has driven its demand significantly. Palm Oil Market size is estimated to be $81.9 billion in 2019, growing at a CAGR of 6.0% during the forecast period 2020-2025. Growing consumer awareness regarding positive health benefits of palm oil, changing consumption habits of consumers towards nutritional diet and increasing demand for edible oils are driving the market growth in recent years. The edible oil market in India has grown significantly over a period of time. In terms of revenue, it reached US$5.18 billion in 2016 and is expected to grow at a CAGR of 12.9% during 2018-2024. The markets are projected to reach US$7.2 billion by 2024. A large chunk of revenue generated by edible oils industry comes from Soya beans as well as RBD Palmolein/Palm Olein and crude palm oil. There exists significant potential for investors to tap into growing opportunities in Indian edible oil industry. Key Players: • A D M Agro Inds. India Pvt. Ltd. • Adani Wilmar Ltd. • Betul Oil Ltd. • Budge Budge Refineries Ltd. • Bunge India Pvt. Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Start Magnesium Sulphate Production Business | Investment Opportunities for Entrepreneurs

Magnesium Sulphate is an inorganic salt with the formula MgSO4 (H2O) x where 0?x?7. It is often encountered as the heptahydrate sulphate mineral epsomite (MgSO4•7H2O), commonly known as Epsom salt, is a mineral. It works by replacing magnesium in the body and increasing water in the intestines. Magnesium sulphate can be used orally as a laxative to relieve occasional constipation, and to treat low levels of magnesium, the majority was used in agriculture. Not all external uses for magnesium sulphate have been approved by the FDA. Visit this Page for More Information: Chemical Industry Projects Manufacturing Process Magnesium Sulfate is extracted from sea water, where it occurs naturally. The raw materials are dissolved in water and subjected to electrolysis. After that, magnesium hydroxide precipitates and can be heated to crystallize magnesium sulphate which then can be further processed into other forms or used as a solid desiccant or dehydrating agent. Read Similar Articles: Chemical Industry Manufacturers of chemical products depend on chemicals such as magnesium sulphate to carry out numerous reactions for them throughout their business processes. Although there are many uses for chemicals such as these, one of its most common uses is for food production purposes. When foods have been stored too long at high temperatures, they often tend to spoil quickly because they become moist with humidity. Related Project Report: Profitable Business of Magnesium Sulphate Benefits 1. Low investment 2. No skills required 3. Low running cost 4. Immediate income after setting up 5. High profit margin 6. Easy Storage 7. Procurement can be made from farmers 8. Economical as an ingredient for agriculture and horticulture 9. Current market demand is high 10. a lot of export opportunities 11. Can be used in various industries such as horticulture, agriculture, animal husbandry and aquaculture Related Feasibility Study Reports: Chemicals (Organic, Inorganic, Industrial) Projects 12. Relatively cheap supply in India 13. Highly potential business idea 14. Not chemical based business 15. Little or no competition 16. Has strong scope for growth 17. Less capital intensive 18. Quick returns 19. Easy liquidity 20. Simple business set-up 21. Potential expansion 22. Environment friendly product 23. Margin improvement 24. Free from intermediaries 25. Promising revenue generation Read our Books Here: Chemical Technology (Organic, Inorganic, and Industrial), Fine Chemicals Market Outlook: Magnesium Sulfate Market is to reach $1,233.3 million by 2026, after growing at a CAGR of 5.1% during 2021-2026. The growing need to achieve high agricultural yields coupled with the substantial growth of the worldwide agricultural industry is expected to be the main driver of demand growth in the years ahead. Furthermore, increasing use of magnesium sulfate in the personal care & cosmetics sector to formulate a range of important personal care items, including hair products, skincare products, sun-tan products and skin fresheners will create new opportunities for the growth of the global magnesium sulphate industry. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Key Players: • Agro Phos (India) Ltd. • Aksharchem (India) Ltd. • Arihant Chemicals Inds. Ltd. • Liberty Phosphate Ltd. • Pioneer Magnesia Works Pvt. Ltd. • Sam Industries Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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