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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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Now Best Field for Business Is Trading/Exporting Of Chilly, Cumin, Coriander, Turmeric | Spices Business

The process of buying spices from a producer in one nation, shipping them to another country for distribution, and then either selling the spices or exporting them back out is known as the trading or export of spices (coriander, chili, turmeric, and cumin). The business of selling spices is a long-standing, global enterprise. By forming strategic alliances with growers of high-quality crops that are in demand on the global market, a Trading/Export of Spices (Coriander, Chili, and Turmeric & Cumin) company can achieve success. Visit this Page for More Information: Start a Business in Export Oriented Units Business / Start a Business in Spices Industry Uses and applications: A global industry exists in the trade of spices. Coriander, chilies, turmeric, and cumin are the primary exports. All of these are utilized in a variety of cuisines, from soups to curries. Both supermarket stores and specialist food stores carry them. Each spice stands out from the others due to its unique color, flavor, and scent. Many people enjoy experimenting with new recipes and ingredients since it improves their culinary abilities. Related Business Plan: Trading Business (Export & Imports) Scope for Startups a Spice Trade/Export Industry: Spices are an essential component of daily cooking as well as a significant component in many classic cuisines. It's a perfect time for someone with entrepreneurial aspirations to enter the spice trade industry, as exports are expected to keep expanding for the foreseeable future. Watch Video: Trading/Export Business of Chilly, Cumin, Coriander, and Turmeric | Start Export Business of Spices Since few suppliers are able to meet local demand on their own, there is also room for entrepreneurs in this sector. Any business venture's success will be based on how much money you can put up front and your capacity for negotiating wholesale pricing. With that knowledge in mind, here are some things you should know before starting a business in the spice trade sector: 1) You'll need money; since spices like coriander and chili are imported, buying them in bulk is expensive. If you lack the necessary cash up front, consider seeking out suitable investors or business partners. Related Feasibility Study Reports: Trading Business (import And Export- Merchant) - Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost And Revenue, Plant Economics, Working Capital Requirement 2) You'll need a means of transportation, such as a vehicle or van, to move huge amounts of spices from foreign producers to ports and airports where they are exported. 3) You'll need room; you can consider investing in storage facilities so you can gather supplies. 4) You'll need a license. Depending on where you live, you may need to ask for permission to import or export items from customs officials. Benefits of Starting Trading/Export of Spices (Coriander, Chili, Turmeric & Cumin) Business: Starting a trading and exporting business in spices makes sense for a variety of reasons. In most nations, using spices in cuisine is vital. You'll be able to earn money while assisting people in enjoying their favorite foods by importing these things from other nations and exporting them. Download Pdf: Cumin, Turmeric, Chilly & Coriander Trading or Exporter Additionally, you will have the chance to offer goods that are occasionally unavailable at their neighborhood stores. More consumers will want to do business with you once you develop a solid reputation as a trustworthy exporter of spices. And last, there is a huge market for your services all over the world because spices are so well-liked abroad! Read Similar Articles: SPICES India Market Outlook of Trading/Export of Spices (Coriander, Chili, Turmeric & Cumin): India produces the most spices in the world, shipping 14 million tonnes of them each year. India actually exports more than four times as much as it imports when the two are compared. At the current rate, India is anticipated to overtake China as the largest exporter of spices. In reality, many Indian spices are consumed domestically rather than exported. India would be a terrific place to start, even if you were solely seeking for export potential for your business idea. Typically, spices are used to flavor food or pharmaceuticals. India is a significant domestic producer and exporter of all these spices. Domestically produced spices are in great demand not only in India but also in countries like the US, EU, Arab states, and South Asian nations. India produces more than 2.7 million tonnes of spices, and 8 to 10% of those tonnes are exported. India accounts for around 40–50% and 25%, respectively, of global spice trade volume and value. India's supply and demand consequently have a significant impact on the global market. Read our book here: Start Your Own Export Business, Guidelines for Exporters Global Market Outlook of Trading/Export of Spices (Coriander, Chili, Turmeric & Cumin): In 2019, the market for spices was estimated to be worth USD 5.86 billion; from 2020 to 2027, growth is predicted to occur at a CAGR of 6.5%. The trade in spices has been a significant sector for many years and continues to be so now. Asia accounts for more than two thirds of the world's spice trade, with the Middle East coming in second. North America, though, is catching up swiftly. In 2014, the United States alone imported more than $3 billion worth of spices. With a value of just about $2 billion, Chile ranked #1 in the world for spice exports that year. Watch other Informative Videos: Just For Starters: How to Start Your Own Export Business Click here to send your queries/Contact Us 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 • Startup Consulting Services • 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
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Production Business of Auto Piston | Start Own Business of Auto Piston

The most crucial part of the engine is the piston. It transforms a piston rod's linear motion into rotation, which turns the crankshaft. One or two pistons are commonly used in an automobile engine. There are two types of cylinders: four-stroke and two-stroke, and there are two types of heads: flat and hemispherical. The cylinder block and head are uniquely made for each type of piston. Visit this Page for More Information: Start a Business in Automotive Industry Uses and Applications: One of the most crucial parts of a combustion engine in a car is the piston. Usually formed of forged steel, aluminium pistons are gaining popularity due to their light weight and affordable price. An automobile piston's main purpose is combustion; they give air and fuel a place to mix and ignite while also separating the hot gases produced by the process from the engine's cylinders. By filling up gaps between the cylinder wall and piston head, piston rings maintain the efficiency of this operation. Watch Video: Automotive Parts Auto Piston Manufacturing Business High temperatures do not cause rings to lose their proper seal, which stops pressurized oil or coolant from leaking. Before it may cause more harm to the engine block, a damaged or worn-out piston ring needs to be replaced. Last but not least, pistons are joined to connecting rods at both ends by what are referred to as skirts. Related Business Plan: Manufacturing Business plan of Auto Piston Manufacturing Process of Auto Piston: Piston manufacturing is a process that can be broken down into five main steps. These steps are: drawing, turning, grinding, boring and honing. The manufacturer must also assemble the components of the piston and measure the piston ring gap. The manufacturing process for auto pistons can vary depending on what type of piston you're making. For example, there are street racing pistons which have greater combustion chamber volumes as well as longer skirts for greater skirt volume to increase engine performance. After all parts are manufactured they are assembled. Read Similar Articles: AUTOMOBILE INDUSTRY Benefits of Starting Auto Piston Business: Piston production firms offer strong profit margins, and demand for this product is anticipated to rise as the population ages and more cars are sold. Auto Piston business opportunity with minimal start-up expenses and high profit margins. Additionally, there isn't much competition in this industry, so business owners shouldn't have any trouble obtaining clients or suppliers. Read our book here: Automobile Industry, Automotive Components & Allied Products Engine Parts, Piston, Pin, Piston Ring, Valve, Control Cable, Engine Mounting, Auto Lock, Disc Brake, Drum, Gear, Leaf Spring, Shock Absorber, Silencer, Chain, Cylinder Block, Chassis, Battery India Market Outlook of Auto Piston: The desire for more potent engines in the automobile industry and the market for pistons and piston rings have been the two primary drivers of the market's spectacular growth. Significant investments will be attracted both locally and globally as a result of the expanding infrastructure, expanding domestic car sector supported by new model launches, rising purchasing power, and stabilizing political scenario. This expansion was made possible by the quickly escalating demand for motorcycle sales, which has been a defining feature of this upsurge. Related Feasibility Study Reports: Automobile Piston Rings - 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 Global Market Outlook of Auto Piston: The continually expanding vehicle sector is the main development driver for the business. In response to escalating customer demand, both two-wheeler and three-wheeler production is gradually increasing. The market for automotive pistons is being helped by the present trend of twin cylinders in high-end bicycles as compared to the other two-wheelers, which employ single cylinders. The sector is expanding as a result of the expanding demand for light, heavy, and passenger cars. Download Pdf: How to Start a Business of Auto Piston In the next years, market expansion is expected to be supported by the growing trend toward lighter and more fuel-efficient automotive engines, which is brought on by rising environmental awareness and improved application of strict emission regulations. With a CAGR of 5.17% from 2021 to 2028, the automotive piston market, which was assessed to be worth USD 9.61 billion in 2020, is anticipated to grow to USD 14.38 billion by 2028. Watch other Informative Videos: Automotive Parts Manufacturing Industry | Production of Automobile Components Click here to send your queries/Contact Us 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 • Startup Consulting Services • 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
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Production Business of Auto Piston

Engines' pistons are a crucial component. In order to generate energy, they compress the air and push it into a combustion chamber with fuel. The air is heated by compression, which makes it simpler to ignite the fuel-air mixture. A cylindrical plug that moves up and down the engine cylinder is the piston in an automobile engine. It aids in moving a vehicle by converting the force of gases expanding in the cylinder into rotation. In a car, the crankshaft is connected to the pistons. The major moving components of an engine are the piston and crankshaft together. Pistons come in two varieties: floating and non-floating. While non-floating pistons are completely stationary, floating pistons move in the opposite direction from the crankshaft. Rings are added to pistons to increase durability and decrease friction. Depending on their intended use, these rings may be composed of rubber, metal, plastic, or other materials. Three thin rings around the perimeter can be visible in some engines, although one thick ring may run down the centerline in others. The piston's function is broken down into stages known as strokes. The piston position, which can be found on the top, middle, or bottom of the cylinder, indicates a piston stroke. The sequence of fuel delivery and piston position is a perfectly timed procedure, regardless of the fuel system used in piston engines. Advantages of Establishing the Automotive Piston Industry Automotive pistons are one of those invisible components of an engine, but without them, the engine in your automobile would just be a trash heap of metal. Your car wouldn't move at all without pistons, which are essential to its motion. Because more precise, higher-quality pistons are needed as cars become more technologically advanced, the automotive piston industry has been seeing rapid growth in recent years. A good illustration is the substitution of aluminium for steel in pistons. Due to its lower coefficient of friction, aluminium has superior wear resistance than steel and causes less friction when rotating. Businesses have started making these kinds of aluminium pistons after taking notice. You can be sure that there will always be a market for your goods if you engage in the automotive piston sector. As a result, you won't constantly need to worry about obtaining new clients because you already have a solid consumer base. Additionally, this business will experience tremendous expansion over the next few years due to rising global demand for vehicles and trucks. Currently made investments in car pistons have the potential to be profitable for decades to come. Another reason the auto pistons sector is currently flourishing is that it contributes to job creation. The demand for these products is only going to increase, thus more individuals who can do the job well will also be needed to produce them. In gasoline, diesel, or gas engines, pistons are a vital part of the engine. Air and gasoline are compressed by the piston. Different materials are used to make automotive pistons, however steel or aluminium alloy are most frequently used. Due to an increase in the number of cars on the road, the automotive piston market has boomed recently. This raises the demand for new emissions-compliant pistons and replacement pistons. Indian Market Outlook The desire for higher powerful engines in the automotive industry and the Indian piston and piston ring market have been the two factors most responsible for the market's rapid growth. Major investments will be attracted domestically and globally due to the expanding infrastructure, expanding domestic car market supported by new model launches, rising purchasing power, and stabilising political environment. Global Market Outlook The increased demand from the automotive industry helped the worldwide automotive piston market reach a value of USD 4.6 billion in 2020. In the projected period of 2022–2027, the market is anticipated to continue expanding, expanding at a CAGR of 4%, helped by the increased R&D activities. The demand for new engines is further increased by the fact that they frequently have more pistons than traditional engines because of fuel-saving technologies like turbochargers and dual-clutch transmissions. Over the coming years, the market is likely to develop as a result of factors such rising aftermarket service demand and rising automotive piston demand in emerging nations. The demand for lighter parts like engines, pistons, and gearboxes has increased as a result of the growing need for fuel efficiency. Conclusion Since a few years ago, the automotive piston market has grown significantly, and it doesn't appear to be slowing down anytime soon. The comeback of the auto industry in recent years has only increased demand for new pistons. As a result, whether you're an engineer or a businessperson wishing to invest in projects involving pistons, there are several prospects in this sector. To stay competitive, piston makers should think about making a research and development investment. As more automobiles are built, the market for auto pistons will expand, thus it's critical that supply keep up. Key Players: • KSPG AG, Aisin-Seiki Co. Ltd., • Capricorn Automotive, • Mahle Gmbh, • Hitachi Automotive Systems, • Federal-Mogul, • Indian Piston Limited, • Shriram Piston and Rings, • Arias Piston, and Ross Racing Piston. • Shriram Pistons and Rings Limited
Plant capacity: Aluminium Alloy Piston Dia 50mm: 900,000 Nos Per Annum, Aluminium Alloy Piston Dia 70mm: 900,000 Nos Per AnnumPlant & machinery: 348 Lakhs
Working capital: -T.C.I: Cost of Project: 2890 Lakhs
Return: 36.00%Break even: 31.00%
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A Business Plan for Aluminium Cans for Beverages (Two Pieces)

One of the most widely used materials for beverage packaging is aluminium cans. They are really among the few types that may be completely recycled to make new cans. That serves as a can for soft drinks, beer, and other canned drinks in the beverage sector. Often, thin metal is rolled or pulled into the shape of the aluminium cans. Although aluminium cans have long been used as beverage containers, they have recently gained popularity because of their eco-friendly features. They are environmentally beneficial because they are constructed of 100% recyclable aluminium. Additionally, there is no possibility that it may leak, break, or contaminate anything nearby because it is not composed of glass or plastic. Aluminum is a very strong and lightweight metal that is ideal for product packaging. As more people become aware of how much waste plastic there is and as their environmental consciousness grows, the market for aluminium cans has seen a spike in demand. Aluminum cans are incredibly simple to recycle and can be recycled repeatedly without losing any of their original quality. Uses and Application of Aluminium Cans For Beverages One of the most popular metals used in beverage cans is aluminium. Due to its lower melting point, aluminium is easier and less expensive to produce. Additionally, because aluminium doesn't rust or corrode in water, no internal coatings are required. Since aluminium can be recycled indefinitely, it may be used to create a wide range of new products, including automobiles, kitchenware, and beverage containers. Recycling aluminium consumes 95% less energy than mining and refining new aluminium. Aluminum must first be melted and then cast into new forms in order to be recycled. By eliminating the need to mine bauxite ore, this procedure minimises greenhouse gas emissions while simultaneously saving energy. Recycling aluminium cans uses roughly 95% less energy than making them from start. For this reason, many nations have established goals for the proportion of their waste aluminium that should be recycled as opposed to dumped in landfills. The beverages are kept in the cans, which offer an airtight seal to keep out oxygen and preserve flavour and shelf life. Aluminum doesn't react much with foods. Because it is lightweight, affordable, and recyclable, aluminium is widely used in the manufacturing sector all around the world. Through recycling facilities or by being crushed into aluminium flakes, which may subsequently be used in various aluminium goods like windows, building materials, auto parts, etc., aluminium can be recycled. Indian Market Outlook The demand for aluminium cans was predicted to increase by 3.7 to 4%, and by 4 to 3.6% CAGR over the following five years. Along with the growth in demand, the market's value increased from US$52.21 billion in 2018 to US$60.63 billion in 2024, showing a CAGR of 2.23% during the forecast period. In India, aluminium cans are the most often used type of packaging. Over the next five years, demand is anticipated to increase at a 5% annual rate, with a substantial portion of that growth coming from the fast-moving consumer goods sector. Because they are recyclable, usable again, and versatile, aluminium cans are widely utilised in India. They are the most popular beverage packaging material since they are lightweight and convenient to transport. Global Market Outlook The market for beverage cans was valued at USD 25.31 billion in 2019 and is anticipated to grow to USD 36.59 billion by 2027, at a CAGR of 4.7%. Metal containers called beverage cans are made to carry predetermined amounts of liquid beverages like energy drinks, alcoholic beverages, carbonated drinks, tea, and others. The cans are made of either steel or aluminium and are extremely recyclable. Due to their sustainability and capacity to be recycled without affecting quality, cans are in higher demand from beverage producers. Additional variables influencing demand include shifting lifestyle preferences and an increase in disposable money. The growing acceptance of alcoholic beverages in traditional and conservative nations will also contribute to the expansion of this market. Conclusion The market for aluminium beverage cans has expanded significantly in recent years. Cans have replaced glass as the primary packaging material, which has significantly increased demand. Demand has also been boosted by the popularity boom of canned beverages, such as soft drinks. Additionally, technical advancements have contributed to lowering production costs and expanding their accessibility. Over the following five years, these variables are anticipated to propel revenue growth at an annualised pace of 8%, reaching $250 million in 2023. Key Players • Crown Holdings Inc. • CCL Industries Inc. • CPMC Holdings Inc. • Ball Corporation • Ardagh Group S.A. • Silgan Containers LLC • Toyo Seikan Co., Ltd. • Nampak Ltd.
Plant capacity: Aluminium Cans for Beverages Each 330 ml Size: 3,450 Lakh Pcs per AnnumPlant & machinery: 2605 Lakhs
Working capital: -T.C.I: Cost of Project: 7760 Lakhs
Return: 28.00%Break even: 40.00%
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Setup WIRE NAILS PLANT

Fasteners known as wire nails are produced from copper or another metal wire that has been drawn through a die. They are more readily pounded into the nailing strip than other kinds of fasteners, which makes them a common choice for use in roofing to attach roofing shingles. In addition, wire nails have a higher tensile strength than other materials like screws or tacks, which makes them less brittle when bent. When building components such as furniture or cabinetry that require precise clearance, wire nails are particularly helpful. Unlike staples or pins, which may start to buckle after just a few blows, they are sturdy enough to survive repeated pounding without bending. When placed properly, they can be reused, are very inexpensive, simple to install, and resistant to corrosion from water and other liquids. These factors have contributed to the rise in popularity of wire nails in recent years. Benefit and Application of Wire Nail Wire nails are robust, adaptable, and powerful. They can be applied to a wide range of industries, including building and cosmetics. Wire rods that have been heated until they are bendable are used to make the nails. They are then cut into precise lengths that may be bent into the desired shapes. Wire nails are among the most widely used forms of nails in use today because of these characteristics. Alternatives to conventional metal fasteners include wire nails. For home builders trying to cut costs on their building supplies, wire nails are a potential option due to these advantages and a reduced price. In addition, because wire nails can be recycled, they are more environmentally friendly than other fasteners. These have the advantage of not losing over time from movement from one side to the other, which makes them preferable for creating long-term connections between two dissimilar materials. This is in contrast to other types of fasteners like screws or tacks. The wire nail industry has expanded as a result of technological developments that have raised the standard of nails, increased the supply of materials, and made machines more easily accessible. Due to the availability of technologies that may be used at home or on a small scale, these developments have made it possible for more people to launch their own enterprises. Global Market Outlook The market for wire nails was estimated to be worth more than USD 10 billion in 2016 and is projected to increase to USD 13.6 billion by 2023, with a CAGR of 4.4% between 2018 and 2023. The market for wire nails is expanding globally. Global production of wire nails is anticipated to be between 1.5 and 2 billion pounds! Because they may be used in a number of scenarios and are stronger than other types of fasteners like screws and nails, there is a high demand for this product. As a result, a large number of production businesses have emerged to satisfy the rising need for wire nails. Over a century ago, wire nails became a common type of nail. The rising demand for products to aid in construction projects and home renovation projects has resulted in a growth in the use of wire nails. Conclusion One of the most popular nail varieties on the market right now are wire nails. They are composed of wire, which is easier to deal with and less expensive than steel or aluminium. Since there is no need for mining, smelting, or refining, the production of wire nails also has a smaller environmental impact. Wire nails are also more corrosion-resistant and stronger than typical sliced nails. All of these elements have helped wire nails become widely used both in North America and around the world. The Indian Key Players • C. Micron Enterprises Pvt Ltd. • C. Supreme Traders. • V. Sharma Enterprises. • Shree Ganpati Wire Netting Industries. • Om Wire Products. • Deepak Industry. • Tata Steel Limited -Tata Wiron.
Plant capacity: Wire Nails:48,000 MT Per Annum, Wire Scraps:4,500 MT Per AnnumPlant & machinery: 939 Lakhs
Working capital: -T.C.I: Cost of Project: 1736 Lakhs
Return: 30.00%Break even: 70.00%
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Chocolate Manufacturing Business

Cocoa beans are used to make the wonderful food known as chocolate. The plant that produces cocoa beans develops on trees as pods. The seeds found inside cocoa pods are removed, fermented, dried, and roasted before being processed into a paste known as chocolate liquor or cocoa mass. Different kinds of chocolate products are made by combining the liquid left behind from these procedures with sugar and other components. Dark chocolate often has less sugar than milk or white chocolate. White chocolate contains between 10% and 20% cacao solids, milk chocolate between 20% and 32%, and dark chocolate normally has at least 45% cacao solids. Most typically, milk chocolate, dark chocolate, or white chocolate come to mind when people think of chocolate. These are all several kinds of chocolate that include varying amounts of cacao. Usually consumed as a treat, it is suitable for consumption at any time of day. To make it, cocoa beans must first be roasted to remove their shells. The cocoa nibs are then released by removing the husks. Benefits and Uses of Chocolate For millennia, chocolate has been a crucial component of many societies. A healthy dosage of antioxidants, better mood, higher cognitive function, lower stress, increased creativity, and even acting as an aphrodisiac are just a few advantages of chocolate. These advantages have led to a rise in the popularity of chocolate in recent years. However, it has proven difficult to meet demand as we now produce more cocoa than ever before. Recent studies have indicated that moderate dark chocolate consumption may enhance heart health, reduce blood pressure, and lessen bodily inflammation. These are only a few instances of the good things chocolate can do for you, and demand has increased as a result of the chocolate industry's boom. Antioxidants, flavanols, and polyphenols, which are excellent for your heart health, are known to be present in dark chocolate. Additionally, the dark chocolate's cocoa butter concentration can help shield your skin from the sun's UV radiation. It has been discovered that people with better memory function than those who don't consume any consume at least one ounce of dark chocolate every week. Additionally, daily consumption of dark chocolate may possibly reduce your risk of type 2 diabetes by 25%. Indian Market Outlook Given the expanding population and changing customer preferences, the India chocolate market, which was valued at USD1687.23 million in 2022, is predicted to increase at a CAGR of around 6.69% to reach USD2457.48 million by 2028. As the market expands and the variety of chocolate increases, such as sugar-free, organic, vegan, and gluten-free chocolates, more significant enterprises try employing cutting-edge techniques to win market dominance. Additionally, during the forecast period, manufacturers are anticipated to employ creative marketing and promotional strategies to increase chocolate sales in India due to rising middle-class disposable income, growing consumer awareness of the health benefits of chocolates like dark chocolate, and these factors. With chocolate assuming a prominent role in the market for sweets and confectionaries, India in particular is undergoing a dramatic shift in tastes and preferences. India, a nation with a diversified social structure, observes a number of holidays all year long. As a result, there is a yearly increase in the demand for chocolate, which is anticipated to fuel the expansion of the Indian chocolate market. Global Market Outlook In 2021, the value of the world chocolate market was US$ 151.9 billion. IMARC Group projects that the market would grow at a 2.6% CAGR between 2022 and 2027 to reach US$ 177.8 billion. In the next ten years, the demand for chocolate is anticipated to rise by approximately 50% worldwide. Because it takes around 3.5 pounds of raw cocoa beans to generate one pound of cocoa powder, there will be a boom in the production of cocoa beans, which are used to manufacture chocolate. Deforestation rises along with productivity. One factor contributing to this surge in demand is that health professionals have recently endorsed chocolate. Conclusion The demand for chocolate is increasing for a variety of factors, including its usage as an aphrodisiac and ability to reduce stress. Despite being popular for millennia, chocolate is today even more well-liked than ever. Ten pounds of chocolate are consumed annually by the average American. This rise can be linked to elements like the chocolate industry's expansion and rising demand. Key players • Nestlé S.A. • Mars, Inc. • Ferrero Group • Barry Callebaut AG • Mondelez International • Hershey Co. • Cadbury • Lindt & Sprüngli AG • Kerry Group plc
Plant capacity: Milk Chocolate:720,000 MT Per Annum, Dark Chocolate:720,000 MT Per Annum, White Chocolate:720,000 MT Per AnnumPlant & machinery: 162 Lakh
Working capital: -T.C.I: Cost of Project: 496 Lakhs
Return: 29.00%Break even: 58.00%
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Start Ready Mix Plaster, Block Jointer, Tile Adhesive and M 20 Concrete (Micro Concrete) Manufacturing business

Ready to Use Cement paste and aggregates are combined to make plaster, which is frequently used in construction to build concrete surfaces. Concrete blocks are made using this mixture by block jointers. This tool is used to smooth out any jagged edges on concrete blocks, clay bricks, or natural stones. To hold tiles to a surface, use tile adhesives. M 20 For building projects like brick or stone walls, concrete is a form of mortar that can be employed. Sand, water, and Portland cement in white are the ingredients. Since there is no need for on-site mixing, it is frequently utilised for minor repairs. A form of drywall used to finish walls and ceilings is called ready mix plaster. It is made of a cement-based product that has been combined with water to form a pastey powder. The paste is then applied with a trowel or spatula to the surface, allowed to dry or set, and then sanded to get a smooth finish. Because of all the technological breakthroughs we have witnessed over the past few decades, the ready mix plaster, block jointer, tile adhesive, and m 20 concrete (micro concrete) sectors are flourishing. With all of the contemporary technology at our disposal right now—and new technologies seem to be developing daily—these sectors have undergone significant transformation. Demand for ready mix plaster has expanded along with the rise in construction of new structures and repair projects. Both homeowners and builders want to take advantage of the economic boom by building their ideal house or condominium. The increased demand for building supplies does, however, result in higher costs. Uses and Applications Sand and cement-based materials are combined with water to create ready-mix plaster. After that, the material is put into moulds to produce different shapes, including bricks and blocks. Both residential and commercial construction uses ready mix plaster as a foundation for tiles or other flooring materials. These goods are in high demand since they may be used for a variety of tasks. Road paving is just one of the numerous potential uses for these materials. In order to strengthen the finished product, it can also be employed in concrete construction projects. Before being prepared for use in building projects, block jointer machines are used to precisely form concrete products such as bricks and blocks. Brick or block alignment is made easier with the aid of block joiners. Additionally, they aid in minimising potential harm when placing stones into walls or floors during construction. Global Market Outlook According to projections, the market for ready-mix concrete would increase from USD 792.2 billion in 2021 to USD 1,374.2 billion in 2028, with a CAGR of 8.2% during that time frame. One of the biggest industries in the world is construction. Additionally, during the past few decades, it has undergone numerous alterations. Utilizing ecologically friendly products and methods that lower carbon emissions is given much more importance today. Due to its minimal environmental effect and lack of water usage during manufacture, ready-mixed plaster, block jointers, tile adhesive, and micro concrete have all seen a surge in demand. During the projected period, this market will be driven by rising demand for ready mix plasters, which have features such quicker installation, less trained labour required, and reduced cost. Conclusion Due to the time and money that ready mix plaster saves building companies, the market is increasing. Due to a rise in building, the demand for these products is steadily increasing. These materials will be required as more residences are constructed to accommodate a population that is expanding quickly in order to complete the project. Investing in these three markets will probably yield higher returns for investors. This indicates that this industry will probably continue to grow for many years to come. Key Players • UltraTech Cement Ltd. (India) • LafargeHolcim (Switzerland) • Buzzi Unicem SpA (Italy) • R. W. Sidley, Inc. (U.S.) • HEIDELBERGCEMENT AG (Germany) • Italcementi Group (Italy) • Hanson Cement Ltd. (U.K.) • U.S. Concrete (U.S.)
Plant capacity: Ready Mix Plaster 40 Kgs Bag:562,500 Nos Per Annum, Block Jointer 20 Kgs Bag:750,000 Nos Per Annum, Tile Adhesive 20 Kgs Bag:750,000 Nos Per Annum, M20 Concrete (Micro Concrete) 40 Kgs Bag:562,500 Nos Per AnnumPlant & machinery: 294 Lakhs
Working capital: -T.C.I: Cost of Project:1342 Lakhs
Return: 27.00%Break even: 51.00%
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Setup Auto Brake Pad and Auto Brake Shoe Manufacturing Business

Auto brake shoes and pads are a crucial component of your car or truck's braking system. When the brake pedal is depressed, auto brake pads create friction with the auto brake shoes to stop the car. Auto brake pads come in two varieties: front and rear brakes, but some cars only have the latter. All kinds of vehicles, from small automobiles to big trucks, use auto brake pads. Owners should regularly check the condition of their brake shoes and pads to make sure they're in good shape. It's crucial to buy premium brake pads from a reputable manufacturer when you need to replace yours. Brakes that are poorly built may be less effective over time and cost more to repair. In the last ten years, there has been a sharp increase in the number of cars on the road. There are increased chances for accidents when there are more vehicles on the road. As a result, auto brake shoes and pads have become essential because they shield drivers from braking suddenly or slowing down too rapidly. Benefit and Uses of Auto Brake Pad and Auto Brake Shoe Metal clips, shims, springs, a dust cover, and a rubber compound are the main components of brake pads. It is an essential component of any car's braking system since it generates the friction required to slow the vehicle down. Heavy equipment including trucks, trailers, cranes, tractors, and forklifts also utilise brake pads. To create more resistance while using the brakes, brake shoes are small pieces of metal that fit between the brake pad and the wheel. On the interior of the wheel, brake pads are placed, and on the outside, brake shoes. When you press down on your brake pedal, the brakes grind against these components, generating friction that either slows down or stops your automobile completely. Indian Market Outlook With a predicted CAGR of 8.9% during the forecast period, the India Brake Pad Market is expected to grow from its current value of USD 4.75 billion in 2021 to USD 8.54 billion by the year 2028. (2022-2028). The rapidly increasing number of cars on the road and the growing size of fleets nationwide are the primary causes of the market's rapid growth. The rising popularity of electric and hybrid automobiles is another important factor boosting demand in the India brake pad market. Moreover, throughout the anticipated period, the India Brake Pad Market is expected to increase due to ongoing technological advancements and government initiatives supporting the automobile sector. Additionally, industry participants are investing in R&D to provide innovative solutions and improve current infrastructure. To shorten the distance that cars must stop, different sensors are being installed. Additionally, the development of friction-free materials is anticipated to offer lucrative prospective chances for the Indian Brake Pad Market during the anticipated period (2022-2028). Global Market Outlook By 2028, the market for brake pads will have grown from US$ 2,580.57 million to US$ 3,342.58 million. From 2020 to 2028, it is anticipated to expand at a CAGR of 3.8%. The forecast for the global market for automotive brake shoes and pads is excellent. In fact, if you're interested in launching a new vehicle brake pad or shoe business, you should move quickly because demand for these products will surpass supply in the upcoming years. The auto sector is enormous! It should come as no surprise that there is a significant demand for car parts like brake pads and shoes given the amount of money that is invested in automobiles. The need for spare parts will only increase as vehicles continue to get better (with more fuel-efficient engines). There are several various kinds of brakes, including air brakes, drum brakes, disc brakes, and others. Today, the disc brake is the most typical form of brake seen on passenger vehicles. About half of all output volume worldwide is contained in this sector. Conclusion There are several explanations for the rise in demand in the vehicle brake pad and shoe market. These include stricter car safety rules, increased gas prices, new pollution laws, the rise in popularity of SUVs, and higher gas prices. Manufacturers of auto brake pads have a promising future as long as they keep innovating their products to satisfy consumer demand. Key Players • ACDelco • AKEBONO BRAKE INDUSTRY CO. LTD. • Brake Parts Inc. LLC. • Brembo S.p.A. • Hebei Huahua Friction Material CO. Ltd. • Nisshinbo Holdings Inc. • Robert Bosch GmbH • SANGSIN BRAKE • Util Industries S.p.A • ZF Friedrichshafen AG
Plant capacity: Auto Brake Pads:3,600,000 Nos. Per Annum, Auto Brake Shoes:720,000 Nos. Per AnnumPlant & machinery: 279 Lakhs
Working capital: -T.C.I: Cost of Project: 1422 Lakhs
Return: 27.00%Break even: 45.00%
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Set Up Recycled Polyester Fiber from used PET Bottles plant

Post-consumer PET bottles are recycled to create polyester fibre. The most typical type of plastic used in beverage containers is called PET, or polyethylene terephthalate. The recycled and processed bottles become a material that may be sewn into cloth. This fabric has exceptional wicking capabilities and is very durable. Recycled polyester fibres are widely employed in fields including apparel production, upholstery, carpeting, and vehicle interiors where toughness and stain resistance are crucial. There are only four essential stages needed to create recycled polyester fibre from used PET bottles: grinding, washing, melting, and spinning into fibres. Collecting used plastic bottles is the first step in the creation of recycled polyester fabric. After being heated and stretched into a single strand, this material is then spun into yarn that may be used to weave fabric. Because recycled polyester fibre is environmentally benign and sustainable, demand for it is rising. Polyester fibre recycling is an excellent approach to put recycled materials to use while keeping them out of landfills. It also offers various advantages, such as enhancing sustainability and using less energy and water. Uses and Benefit of Starting Recycled Polyester Fiber Business Making garments with recycled polyester fibre is a terrific idea. It may be produced in a range of weights and textures and is quite robust. That makes it a desirable choice for designers. Used plastic bottles can be recycled into fibres that can be used to make recycled polyester, which can then be used to make furniture, clothing, and other products that call for a cloth-like material. After the fabric is produced, it may be cut to the required size and pieced together to create whatever desired final product or utilised to produce other goods like insulation, packaging, and even car tyres. Recycling plastic bottles is an excellent method to lessen your influence on the environment. So why not utilise them for several purposes? Recycled PET bottles can be used to make polyester fibre. With the growing need for environmentally friendly products, this is a practical and profitable business idea that will enable you to benefit the environment and make money at the same time! Global Market Outlook Market for Recycled Polyester Fiber in 2022: According to a CAGR of between 2020 and 2029, the market for recycled polyester fibre had revenues of million USD in 2016, million USD in 2020, and million USD in 2029. There is no denying that North America, and particularly the United States, will continue to play a significant role. Changes made by the United States could have an impact on the direction in which recycled polyester fibre develops. Over the course of the projected period, the North American market is anticipated to expand significantly. Due to the widespread use of cutting-edge technology and the presence of major competitors in this area, the market is projected to have plenty of room for expansion. The most typical type of plastic used for water and soft drinks is PET. About half of the 2.5 million tonnes of plastic that are discarded annually in the United States are PET bottles, which can be recycled into textile fibre for garments. Countries with strong recycling rates, such as Japan and Italy, have already used this method. However, used plastic bottles can be used as a production raw material to manufacture recycled polyester fibre. Employment will be generated, and landfill garbage will be decreased! Conclusion Recycling plastics offers business owners a lucrative opportunity as well as a terrific way to use the 10.3 billion tonnes of plastic that are now in use. There are many opportunities to start a business and invest in this industry because recycled polyester fibre from discarded PET bottles might be worth up to $1 billion annually. Key Players • Textile Fiber Joint Stock Company • Bombay Dyeing • Reliance Industries Limited • Unifi Inc. • PetroVietnam Petrochemical • Alpek • Indorama Corporation • Stein Fibers, Ltd. • China National Petroleum Corporation • Huvis Corporation • Xinda Corp. • W. Barnet GmbH and Co. KG • Diuou Fibre (M) Sdn Bhd. • Toray Chemical Korea, Inc. • S.A.B. de C.V.
Plant capacity: Recycled Polyester Fiber:1,500,000 Kgs Per AnnumPlant & machinery: 76 Lakhs
Working capital: -T.C.I: Cost of Project:393 Lakhs
Return: 27.00%Break even: 55.00%
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Manufacturing Business Phosphate Rice Organic Manure (PROM)

Pulverized rice, phosphate salts, water, and microorganisms are used to create phosphate rice organic manure (PROM), an organic fertiliser. Organic phosphate rice manure is a type of fertiliser that promotes plant growth. In addition to offering numerous environmental advantages, this kind of fertiliser also improves soil health and decreases the demand for chemical fertilisers. As interest in farming has expanded and more people are aware of the advantages of organic manure over conventional kinds of manure, there has been an increase in the demand for organic manure in recent years. Super compost, which is another name for organic manure, is rich in plant nutrients and is therefore perfect for application on plants. These days, a lot of individuals are open to trying new things. Because of this, there has been a surge in the demand for phosphate rice organic manure in recent years. This product can assist farmers in sustainably increasing their produce. Since they don't need to use any chemical fertilisers, the environment won't be harmed. All farmers would be able to afford this fertiliser because of its reasonable pricing. In almost every place it has been presented, it has already demonstrated evidence of success. Benefits of Phosphate Rice Organic Manure The fact that phosphate rice manure is 100% organic is one of its numerous advantages. You can use it with confidence because it doesn't contain any poisonous or harmful substances. It also has a high nutrient content, therefore using this product will cause plants to grow quickly. In addition to these advantages, phosphate rice organic manure doesn't emit any unpleasant smells, making for a pleasant-smelling garden and keeping bugs out of your garden. A significant level of nitrogen, phosphorous, and potassium has been known to be provided by phosphate rice organic manure. These are all essential minerals for healthy plant growth. By adding organic matter and increasing the number of microorganisms in the soil, it also increases the fertility of the soil. Better aeration, water retention, drainage, and soil structure are the effects of this. The advantages of phosphate rice organic manure are numerous. By giving the soil a rich source of organic material, it first enhances soil fertility. In contrast to chemical fertilisers, which produce ammonia as a byproduct, this fertiliser also minimises the quantity of toxic ammonia discharged into the atmosphere. Additionally, it offers great sources of phosphate, potassium, and nitrogen for plants. Last but not least, it keeps the soil moist all day. Indian Market Outlook It is anticipated that the India phosphate rich organic manure (PROM) market, which was valued at $203.2 million in 2020, will increase at a compound annual growth rate (CAGR) of 6.8% from 2021 to 2030 to reach $419.6 million. Farmers utilise organic manure, a sort of natural fertiliser, to provide crops the right nutrients. Di-ammonium phosphate and single super phosphate fertilisers are substituted with phosphate-rich organic manure as a form of fertiliser. Utilizing high-grade rock phosphate that is co-composted with plant waste or other sources including waste from the fruit industry, paddy straw waste, and press mud, phosphate rich organic manure is created. PROM is a value-added product with a P2O5 level of 18% and a moisture content of 22%. Additionally, it is more affordable when compared to other phosphate alternatives like di-ammonium phosphate (DAP). Additionally, improved crop output productivity has increased the use and adoption of PROM by Indian farmers. For instance, the usage of PROM can boost paddy crop output by 29%. Demand for organic fertilisers in India is driven by a shift in farmers' and consumers' attitudes toward ecologically friendly farming practises and reasonably priced organic fertilisers. Further increasing the usage and production of organic-based fertilisers in India are benefits including discounted costs, contributions to reducing the use of nonbiodegradable raw materials in crops, and supportive government regulations. As an organic fertiliser and an alternative to other fertilisers like single super phosphate and di-ammonium phosphate, phosphate rich organic manure (PROM) is utilised. Additionally, using PROM should reduce costs linked with fertiliser use and minimise costs associated with the fertilisation process. Additionally, PROM is appropriate for Indian soil types ranging from neutral to alkaline soil. In general, soil with a neutral to high pH content can be used with PROM successfully. Collectively, these elements fuel the expansion of the India PROM market. Global Market Outlook The size of the global market for phosphorus-rich organic manure (PROM) is anticipated to increase at a CAGR of about 1.5%. 7% between 2022 and 2032. The increasing demand for organic fertilisers is the main factor propelling the growth of the Phosphate Rich Organic Manure (PROM) market. The global market for PROM is anticipated to be driven by rising consumer awareness of the advantages of organic fertilisers. The market has a promising future thanks to the growing industrialization of developing nations. In India, Vietnam, and other Southeast Asian nations, the usage of phosphate-rice fertiliser has increased in recent years. Farmers now demand more phosphate-rice manure as a result of this. As a result of the increasing demand, both exporters of the good and farmers who are able to grow more food have seen increases in revenues. The market situation, growth rate, upcoming trends, and competitive environment are also included in the study. Conclusion There are several agricultural applications for phosphate rice organic manure. It can be utilised in landscaping, forestry, and even feed production, and it is the foundation of any effective farming system. It is understandable why phosphate rice organic manure is growing in popularity given its wide range of uses. Due to the growing demand for high-quality products, phosphate rice organic manure has seen great success in the agricultural sector. Over a century has passed since the usage of phosphate rice organic manure as a fertiliser in China, Japan, Southeast Asia, and India. Farmers all over the world are utilising this traditional technique of fertilising crops as a result of the industrialization of the world in recent years. This is for a variety of reasons, but one of the main ones is that it's environmentally friendly. Key Players • Agri India Biotech • Biogen Fertilizer India Private Ltd. • Hindustan BEC Tech India Pvt. Ltd. • Jaipur Bio Fertilizers • Komeco B.V. • Midwestren BioAG • Narmada Bio-chem Ltd. (NBCL) • Nature Safe • Nextnode BioScience Pvt. Ltd. • Ujjawal Biotech & Organics Pvt. Ltd.
Plant capacity: Phosphate Rich Organic Manure (PROM):28,800 MT Per AnnumPlant & machinery: 182 Lakhs
Working capital: -T.C.I: Cost of Project: 359 Lakhs
Return: 28.00%Break even: 78.00%
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