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

Tripura is a state in Northeast India. The third-smallest state in the country, it covers 10,491 km2 (4,051 sq mi) and is bordered by Bangladesh (East Bengal) to the north, south, and west, and the Indian states of Assam and Mizoram to the east. Tripura is a landlocked state in North East India. The state has a tropical savanna climate, designated Aw under the Köppen climate classification. The undulating topography leads to local variations, particularly in the hill ranges. The four main seasons are winter, from December to February; pre-monsoon or summer, from March to April; monsoon, from May to September; and post-monsoon, from October to November.

Tripura's gross state domestic product for 2010–11 was 129.47 billion (US$2.1 billion) at constant price (2004–05), recording 5.71 per cent growth over the previous year. In the same period, the GDP of India was 48778.42 billion (US$790 billion), with a growth rate of 8.55 per cent. Tripura is an agrarian state with more than half of the population dependent on agriculture and allied activities. However, due to hilly terrain and forest cover, only 27 per cent of the land is available for cultivation. Rice, the major crop of the state, is cultivated in 91 per cent of the cropped area.

TOURISM

Tripura has a geographical area of about 10,492 sq. km. almost two-thirds of the state is under hilly terrain and it is surrounded on three sides by the deltaic basin of Bangladesh. The Tripura tribal’s are divided into two groups: Puran Tripuras and Natun Tripuras. The Puran Tripuras are the original inhabitants of the State and constitute a little over 16% of the total and 57% of the tribal population of the State. The Department of Tourism, Govt. of India, under the ministry of Tourism and Culture has been providing liberal financial and technical support for the tourism development in the state based on the projects received from the states. It is quite clear that Tripura has tremendous and quite unique tourism potential. This could be tapped mainly through the concept of Eco-tourism and Heritage tourism. Nature / wildlife tourism, adventure tourism, rural tourism, leisure tourism, pilgrimage tourism, international border tourism could be some special tourist packages. The Tourism Development in the Northeast region will depend on integrated approach, involving various government departments, private entrepreneurs, voluntary organizations and local community. This approach will also help in evolving local people’s perception towards tourism development as a strong tool for socio-economic up liftment.

INDUSTRIAL SECTOR

The State Government offers a package of incentives for setting up of industrial units, which is comparable to other states. Besides, the special incentive package i.e. North East Industrial and Investment Promotion Policy (NEIIP) declared by the Government of India for the North East Region is available to industrial units.

State Package of Incentives under Tripura Industrial Investment Promotion Incentive Scheme-

•                    Capital Investment Subsidy @ 30% and additional subsidy @ 2.5% for enterprises of ST, SC, & women individuals on Fixed Capital Investment.

•                    Full Reimbursement of Standard Certification Fees /Charges / other expenses on account of obtaining a standard Certification.

•                    Provides State Transport Subsidy for covering the portion for which Central Transport Subsidy is not available

•                    85% Exemption from the payment of Earnest Money and Security Deposits on tenders floated by State Govt. Department / Agencies.

Incentives declared by Central Government:

•                    Exemption of Excise Duty on finished products.

•                    Central Transport Subsidy.

•                    Income Tax Benefit.

•                    Capital Investment Subsidy.

•                    Comprehensive Insurance Scheme for insurance coverage. Subsidies to service sector, bio-technology and power generating industries.

INVESTMENT OPPORTUNITIES

Tripura offers an investor-friendly environment. The Government welcomes investments into the State, from both domestic and foreign investors.

•        Natural gas

Tripura has vast reserves of natural gas in non-associate form. The gas is of high quality, with high methane content of up to 97%. The availability of superior quality natural gas, at concessional price, offers a great opportunity to prospective investors, to set up gas-based industrial units, using natural gas

•        Information Technology (IT)

Tripura has been considered the second best IT destination in the North East. IT sector (including IT-enabled services) has been identified as one of the major potential growth sectors by the state. The high literacy rate of the State provides additional advantage for development of the sector.

•        Food Processing

The State government has identified food processing as a major thrust area. There is a vast potential for setting up of food processing units in the State. The agro-climatic conditions in Tripura are ideally suited for production of a large variety of horticultural crops.

•        Handicrafts

From time immemorial, Tripura has carved out a name for itself in the field of handicrafts. The gifted artisans produce wonderful objects of crafts from simple material like cane, bamboo and wood.

•        Tourism

Tripura is an attractive tourist destination. The state has a rich cultural heritage. There are number of historical Hindu and Buddhist sites.


INDUSTRIAL POLICY

•        To improve Basic as well Industrial Infrastructure.

•        Industrial Growth by attracting Private Investment.

•        To improve investment climate towards better regulation by removing barriers to competition.

•        Creation of hassle-free and congenial investment climate.

•        To bring significant increase in the State Domestic Product.

•        Widening of resources base of the state.

•        Development of connectivity (Internal road, railways and air & telecom).

•        Better social infrastructure Enabling Entrepreneurship -building capacities through entrepreneurial and technical skills, training and promotion of self-employment.

 THRUST AREAS

•        Natural Gas

•        Food Processing

•        Rubber

•        Tea

•        Handicraft

•        Bamboo

•        Handloom

•        Tourism

•        Information Technology

•        Education

  •           Healthcare

The Department of Industries & Commerce was established to promote Village and Small-scale industries as well as medium and large scale industries in the State. While efforts are being made to promote entrepreneurship within the State, the outside investors in the public and private sectors are also encouraged both for their financial capabilities and technical expertise, for the medium and large-scale units. The major existing industrial area is the Industrial Growth Centre Complex at Bodhjungnagar which also includes Food Park, Rubber Park and Export Promotion Industrial Park. The other industrial sites near Agartala as the main business and industrial centres are Dukli, Arundhatinagar and Badharghat. The mineral resources are minor amounts of glass sands, limestone, plastic clay and hard rock and all of these materials are being used in varying degrees. Setting up of ceramic tiles unit and other mineral based industries are being encouraged in the private sector.

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Activated Charcoal from Bamboo

Activated charcoal is a non graphite form of charcoal and is micro crystalline in nature. It is extensively used in various industries as a very good adsorbent for odour or colour. There are two varieties of activated charcoal viz gas phase or the liquid phase adsorbents. The liquid phase activated charcoal is usually powder or granular form where as the gas phase adsorbent is hard granules like dust free pellets. Besides the liquid phase and gas phase classification of activated charcoal, into grades based on the chemical properties it possesses such as its methylene blue (MB) value, surface area, ash content, iron content, pH factor and adsorption quality of charcoal. The term activated charcoal or active charcoal is usually applied to amorphous charcoal possessing higher adsorption capacity their wood or animal charcoal. Many charcoal of industrial value are prepared from coal and from organic vegetable and animal matter. The resulting amorphous products include Charcoal coke, and petroleum coke. Charcoal as such is probably, the most widely distributed element in nature. It occurs in two allotropic crystalline forms, viz, graphite (hexagonal system) and diamond (isomeric system), the former is soft and weak while diamond is hard and transparent. Global Activated charcoal Market is expected to garner 2,776 kilo tons and $5,129 million by 2022, registering a CAGR of 6.8% and 9.3% during the forecast period 2016 - 2020. Activated charcoal is processed charcoal with small, low-volume pores to increase surface area for chemical reactions and adsorption. Growing awareness for clean water consumption coupled with the rising number of water treatment plants owing to government subsidies is anticipated to benefit the overall market growth over the forecast period. As there is indigenous demand for activated charcoal in bulk, the export potential does not exist. However, in developing countries like Bangladesh, Sri Lanka and gulf countries, where industrial development is emerging up, the demand for activated charcoal is anticipated. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Active Char Products Pvt. Ltd. Adsorbent Carbons Ltd. Aksharchem (India) Ltd. Jacobi Carbons India Pvt. Ltd. Kowa India Pvt. Ltd. Kalpaka Chemicals Pvt. Ltd. Core Carbons Pvt. Ltd.
Plant capacity: Activated Charcoal Powder: 4 MT / DayPlant & machinery: Rs 197 lakhs
Working capital: -T.C.I: Cost of Project: Rs 535 lakhs
Return: 30.00%Break even: 63.00%
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Water Park

A water park is one of the most visited places when it comes to leisure and entertainment. Ideally, a water park has attractions ranging from Thrill rides to family slides to kids play area making it popular amongst people of all ages and walks of life. But a waterpark is not just a place for fun but also makes for a very profitable business. Water Park is the new idea of amusement now days. There is beauty of Water Park is that, the park is formed by using water sources in the plain to make a suitable place for roadways or for making falls or flora fountain or for boating and other light water ways cargo. Aim of formation of park to get enjoyment from nature as well as to make health care from it. The global water parks market size was valued at USD 45.2 billion in 2017. It is likely to expand at a CAGR of 5.8% from 2018 to 2025. Innovative rides, accommodation facilities, and merchandise in water parks are gaining popularity among visitors of all age groups. As a result, there is a rise in the number of adults and children visiting water parks, thus expanding the size of the target audience. Water parks play a vital role in the global entertainment and leisure industry. These recreational facilities offer a wide variety of entertainment options and act as a one-stop-shop leisure and entertainment solution which flourishes as a key tourist attraction source for revenue generation. Therefore, it is majorly driven by the rising headcount of retired baby boomers, who are devoted to recreation and leisure spending. Additionally, the growing international tourism has been representing a lucrative consumer cluster for theme parks and marine parks. Rising introduction of accommodation facilities such as hotels and resorts in park premises is one of the primary factors stirring up the revenue generation through hotels/resorts. The segment is estimated to witness the highest CAGR of 7.0% during the forecast period. Furthermore, the food & beverage segment is also expected to rise at a significant CAGR during the same period since visitors spend a substantial amount on food and refreshments while taking a break from rides. Entrepreneurs who invest in this project will be successful.
Plant capacity: Water Park Visitors: 1,000 Visitors / Day Room Rent from Resort: 25 Visitors / Day Restaurant - Vegetarian Visitors: 300 Visitors / Day Restaurant - Non-Veg. Visitors: 200 Visitors / Day Restaurant - Beverages, Tea & Coffee Visitors: 475 Plant & machinery: Rs 1086 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3208 lakhs
Return: 33.00%Break even: 38.00%
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Castor Oil from Castor Seeds

The castor oil plant, Ricinus commun is, is a species of flowering plant in the spurge family, Euphorbiaceous. Its seed is the castor bean which, despite its name, is not a true bean. Castor is indigenous to the south-eastern Mediterranean Basin, Eastern Africa, and India, but is widespread throughout tropical regions. Castor seed is the source of castor oil, which has a wide variety of uses. The seeds contain between 40% and 60% oil that is rich in triglycerides of ricinoleic acid, 12 hydroxyl oleic acid. The Indian variety of castor seed has an oil content of 48% but only 40% can be extracted. The seed contains resin, a toxin, which is also present in lower concentrations throughout the plant and therefore castor oil is inedible. Castor oil pale amber viscous liquid derived from the seeds of the plant Racings communes is sometimes known as ricinus oil. Castor oil is one of the few naturally occurring glycosides that approach being a pure compound, since the fatty acid portion is nearly nineteenths ricinoleic acid. The global castor oil market was $1,180 million in 2018 and is expected to touch $1,470 million by the end of 2025, growing at a CAGR of 2.8 per cent between 2019 and 2025. The market is currently being driven by the increasing demand in various industrial applications such as paints, soaps, lubricants, befouls, and other sectors. The market value is expected to grow at a CAGR of 3.6% in the forecast period of 2020-2025. The Global castor oil market has been segmented by different end-use industries and forms. Further, end-use industries segment is further sub-divided to food & beverage, personal care, lubricant, pharmaceuticals and others. Personal care segment of the market uses castor oil as a source of moisturizer as it consists of high fatty acid content. Food & beverage segment of the market uses castor oil for flavoring, packaging as well as in viscosity additives. In pharmaceutical industry hydrogenated property of the product is extensively used because of its lubricating property. In fuel industry, castor oil is majorly used as the fuel additive because it is biofuel obtainable in terms of per capita yield in the global market. Entrepreneurs who invest in this project will be successful.
Plant capacity: Castor Oil: 5 MT / Day Castor De-Oiled Cake: 7.2 MT / DayPlant & machinery: Rs 106 lakhs
Working capital: -T.C.I: Cost of Project : Rs 374 lakhs
Return: 29.00%Break even: 64.00%
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Cashew Nut Shell Liquid

Cashew Nut Shell Liquid (CNSL) is a versatile by-product of the cashew industry. The nut has a shell of about 1/8 inch thickness inside which is a soft honey comb structure containing a dark reddish brown viscous liquid. It is called cashew nut shell liquid, which is the pericap fluid of the cashew nut. It is often considered as the better and cheaper material for unsaturated phenols. CNSL and the resins made from it are widely used in laminations, brake lining, electrical insulations, surface coatings, printing inks etc and therefore find a ready market. The cashew nut shell is having a soft feathery outer skin and a thin hard inner skin. Between these skins is the honeycomb structure containing the Phenolic material known as Cashew Nut Shell Liquid and is generally abbreviated as CNSL. That the cashew nut consists of kernel, shell and test a land on an average distribution is 20 to 25% kernel, 60-70% cashew nut shell and 2-5% test. Global cashew nut shell liquid (CNSL) market is expected to reach USD 489.63 Million by 2026, at a CAGR of 7.81% from 2019 to 2026. Growing demand from the end user industries such as coating, automotive, leather is driving the global cashew nut shell liquid (CNSL) market. The application segment includes friction linings, paints and varnishes, laminating resins, rubber compounding resins, cashew cements, and polyurethane based polymers, surfactants, epoxy resins, foundry chemicals, and others. The friction linings segment is anticipated to grow at the highest CAGR of 9.92% over the forecast period. Growing utilization of the CNSL in the stabilizing agent in disk pad brakes and drum linings is expected to fuel this future demand. CNSL is extensively used in polymer based industries such as friction linings, paints and varnishes, laminating resins, Rubber compounding resins, cashew cements, polyurethane based polymers, surfactants, epoxy resins, foundry chemicals and intermediates for chemical industry, Automobile, pesticides. Entrepreneurs who invest in this project will be successful.
Plant capacity: Cashew Nut Shell Liquid (CNSL) : 4 MT / Day Shell Cake (bye product): 14 MT / DayPlant & machinery: Rs 72 lakhs
Working capital: -T.C.I: Cost of Project : Rs 283 lakhs
Return: 17.00%Break even: 71.00%
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Sterile Water for Injection

Sterilization is a term referring to any process that eliminates (removes) or kills all forms of microbial life, including transmissible agents (such as fungi, bacteria, viruses, spore forms, etc.) present on a surface, contained in a fluid, in medication, or in a compound such as biological culture media. Sterilization can be achieved by applying the proper combinations of heat, chemicals, irradiation, high pressure, and filtration. Sterile Products are dosage forms of therapeutic agents that are free of viable microorganisms. Principally these include Parenteral, ophthalmic and irrigating preparations. Of these, Parenteral preparations are unique among dosage forms because they are injected through skin or mucous membranes into internal body compartments. The parenteral range of drug administration is important in treating medical emergencies in which a subject is comatose or cannot swallow and in providing various types of maintenance therapy for hospitalized patients. Injectables circumvent the highly efficient first line of body defence, the skin and mucous membranes. They must therefore be free from toxic components and so, must possess purity of a very high order. Hence, they are made sterile before use. Sterile products are most frequently solution or suspensions, but may even be solid pellets for tissue implementation. The manufacturing of parenterals has become a highly specialized area in pharmaceutical processing. The rising number of surgeries, the need for a faster route of drug administration, growing preference for single-dose administration of vaccines and drugs, and an increase in local manufacturing is expected to drive the market for LVP. Parenteral route of administration helps provide an accurate dose of medication as the majority of the drug is directly absorbed in circulation, bypassing the gastrointestinal tract. Indian pharmaceutical sector is expected to grow to US$ 100 billion, while medical device market is expected to grow US$ 25 billion by 2025. Pharmaceuticals export from India stood at US$ 20.70 billion in FY20. Pharmaceutical export include bulk drugs, intermediates, drug formulations, biological, Ayush and herbal products and surgical. India's biotechnology industry comprising biopharmaceuticals, bio-services, bio-agriculture, bio-industry, and bioinformatics is expected grow at an average growth rate of around 30 per cent a y-o-y to reach US$ 100 billion by 2025. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Medipol Pharmaceutical India Pvt. Ltd. Maan Pharmaceuticals Ltd. Ivy Health & Life Sciences Pvt. Ltd. Parenteral Drugs (India) Ltd. Pharmaceutical Products Of India Ltd. Shree Krishna Keshav Laboratories Ltd. Pharmaids Pharmaceuticals Ltd.
Plant capacity: Ampoules 5 ml Size: 200,000 Nos. / Day Ampoules 10 ml Size: 150,000 Nos. / Day Ampoules 20 ml Size: 150,000 Nos. / DayPlant & machinery: Rs 1933 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3040 lakhs
Return: 27.00%Break even: 39.00%
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Eggshell Powder

Egg shell is a solid waste, with production of several tons per day. Eggshell is mostly sent to the landfill with a high management cost. It is economical to transform the egg shell waste to create new values from these waste materials. The eggshell wastes could convert to a) biodiesel production as solid base catalyst to use for biodiesel production, pollutants minimization, reducing the production costs of biodiesel and making the process to produce biodiesel fully, ecologically and friendly, b) absorbent of heavy metals from wastewater as serious environmental problem in the ecosystem, c) biomaterial in order to bone tissue replacements due to the rise in the number of patients, d) fertilizer and calcium supplement as nutrition for human, animals, plants, etc. Numbers of research articles have been included in this review, which describe a methodical growth in this subject matter. The egg is the most nutritious natural product. Eggs are rich in protein, vitamins and minerals. The poultry industry in India has made remarkable progress and grown into an organized and highly productive industry. Dried egg powder can be stored and transported at room temperatures. It is quite stable and has a long shelf life. There is enough scope of an egg powder manufacturing plant, with a suitable capacity. Whole egg powder is consumed in hotels, hospitals, restaurants, and military establishment etc. The eggshell membrane powder market is expected to grow at a CAGR of ~13% during the forecast period 2019-2029. The pet food supplement industry is an emerging industry, as consumers are becoming fonder of their pets and take proper care of their nutrition. In order to ensure that their pets get adequate nutrients, consumers prefer pet food supplements that are organic and natural, to avoid any adverse effects on pets. Egg membrane protein powder is mainly used in pet supplements to reduce bone disorders and comfort them in case of seasonal allergies. Hence, this evolving demand for pet supplements is driving the global egg membrane protein powder market. The global eggshell membrane market is going through certain developments that are shaping its competitive landscape. These are also paving the road to growth over the forecast period. One such development is outlined below. Entrepreneurs who invest in this project will be successful.
Plant capacity: Eggshell Powder : 2 MT / DayPlant & machinery: Rs 11 lakhs
Working capital: -T.C.I: Cost of Project : Rs 42 lakhs
Return: 30.00%Break even: 79.00%
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Information Technology Park

Information Technology (IT), a knowledge-based industry, has the tremendous potential of becoming an engine of accelerated economic growth, productivity improvement for all sectors of the economy and means of efficient governance. It enhances access to information, protects consumers, provides access to government services, makes skill formation and training more effective, improves delivery health services, and promotes transparency. It provides tremendous employment potential and linkages between government and the people both at the rural and urban level. Investment in knowledge based industries will determine the level of the country’s dominant position in the world economy in the next two decades. More importantly, the Indian IT sector is one of the biggest and fastest growing markets and has led the economic transformation of the country. The IT sector has also created significant demand for specialized real-estate development that can cater to the specific requirements of the industry. The market size of India’s IT-BPM sector is expected to grow to US$ 350 billion by 2025 and BPM is expected to account for US$ 50-55 billion out of the total revenue. The Information technology as an industry today occupies a strategic place in Indian economy and business. Its origin and growth in India have been phenomenal during the last two decades. Not only the economic and business environment has undergone a change but one can also see changes in the social sector as well. The education and employment fields have changed. It has played a key role in putting India on the global map. It has contributed substantially to the economic power of the country – it is envisioned to become a US$ 225 billion industry by 2020. With the new millennium, this industry has become the country’s premier growth engine, crossing significant milestones in terms of revenue growth, employment generation and value creation in addition to becoming the global brand ambassador for India. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Electronics Ltd. Labvantage Solutions Pvt. Ltd. Melstar Information Technologies Ltd. Robert Bosch Engg. & Business Solutions Pvt. Ltd. Silpa Infotech Ltd. Silverline Technologies Ltd. Soorya Water Technologies Ltd.
Plant capacity: Land Area 25 Acres Plant & machinery: Rs 7078 lakhs
Working capital: -T.C.I: Cost of Project : Rs 146872 lakhs
Return: 16.00%Break even: 12.00%
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Copper Wire Manufacturing (Wire Drawing & Enamalling)

Copper is easily stretched, molded, and shaped; is resistant to corrosion; and conducts heat and electricity efficiently. As a result, copper was important to early humans and continues to be a material of choice for a variety of domestic, industrial, and high-technology applications today. Presently, copper is used in building construction, power generation and transmission, electronic product manufacturing, and the production of industrial machinery and transportation vehicles. Copper wiring and plumbing are integral to the appliances, heating and cooling systems, and telecommunications links used every day in homes and businesses. Copper is an essential component in the motors, wiring, radiators, connectors, brakes, and bearings used in cars and trucks. Copper wire is used in power generation, power transmission, power distribution, telecommunications, electronics circuitry, and countless types of electrical equipment. Copper and its alloys are also used to make electrical contacts. Electrical wiring in buildings is the most important market for the copper industry. Copper wires have better thermal and electrical properties than other wires. Copper is about 25 per cent more conductive than others, accounting for better heat dissipation and increased power rating and a main factor to the development of high performance, high power and ?ne-pitch devices using smaller-diameter copper wire to accommodate smaller pad sizes. Higher electrical conductivity leads to less-heat generation and a higher speed. The growing demand for power, light and communication has kept a high demand for cables and wires, which constitute roughly 40% of India’s electrical industry. Wires and cables play a vital role in every aspect of infrastructural growth and finds extensive usage and applications across a number of industries. Wire and cables demand is directly dependent on the growth of the manufacturing industry and infrastructure in the power, telecommunications, residential and commercial sectors. Thus the government’s initiatives on various fronts like – power, housing, infrastructure and digitization are sure to generate a lot of business for the wire and cable industry in foreseeable future. The global winding wire market size was valued at USD 25.6 billion in 2018 and is expected to witness a revenue-based CAGR of 3.7% from 2019 to 2025. Rising demand for the product from the energy sector is the significant factor driving the market for winding wire. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Bharat Insulation Co. (India) Pvt. Ltd. Chandra Metals Pvt. Ltd. Grid India Power Cables Pvt. Ltd. Millennium Wires Pvt. Ltd. Rajasthan Electronics Ltd. Sagar Industries Ltd. Sumo Metallic Pvt. Ltd.
Plant capacity: Copper Wire (0.914 to 0.376 mm) : 350 Kgs / Day Enamelled Copper Wire (0.914 to 0.376 mm): 350 Kgs / Day Intermediate Copper Wire (2.5 mm): 4,000 Kgs / Day Intermediate Copper Wire (1.2 mm): 5,000 Kgs / DayPlant & machinery: Rs 437 lakhs
Working capital: -T.C.I: Cost of Project: Rs 951 lakhs
Return: 30.00%Break even: 52.00%
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7-Aminocephalosporanic Acid (7-ACA)

Cephalosporins, a large group of ?-lactam antibiotics, contain a 7-aminocephalosporanic acid (7-ACA) nucleus which is derived from cephalosporin C, and substitutions of chemical groups or modifications of 7-ACA side-chains resulting in varying pharmacologic properties and antimicrobial activities, development of useful antibiotic agents, also. Cephalosporin C obtained by fungus fermentation can be transformed to 7-ACA by two-step or one step enzymatically conversion process. The most important step in 7-ACA downstream process is represented by its separation from enzymatically produced reaction mixture. Among the used methods new separation techniques have been developed and applied to bioseparations, like reactive extraction and pertraction which have considerable potential. 7-aminocephalosporanic acid is abbreviated as 7-ACA, white or almost white crystalline powder, 7-ACA is an important nucleus in synthesis of cephalosporin antibiotics, in the nucleus 7 and 3 chemical transformation can be used to prepare many cephalosporins: cefazolin sodium, cefotaxime sodium, ceftriaxone sodium, cefoperazone sodium, sodium ceftazidime, cefuroxime sodium. 7-Aminocephalosporanic Acid [chemically, 3-(Acetyloxy-methyl)-7-amino- 8-oxo-5-thia-1- azabicyclo (4.2.0) oct-2-ene-2-carboxylic acid] is the active nucleus for the synthesis of cephalosporins and intermediates. 7-ACA affect the antibacterial activity and can lead to the alteration of pharmacokinetic properties and receptor binding affinity, thus creating new class of cephalosporin antibiotics with important clinical uses. API market based on synthesis is further divided into synthetic API, Biotech API and HPAPI. Synthetic API holds major share in 2018 and is expected to grow at a mid single digit CAGR from 2018 to 2025. The major factors driving the synthetic chemical API market are patent expiration of synthetic (small molecule drugs), increasing number of small molecules in clinical trials, increasing outsourcing by the pharmaceutical companies, CMOs investments to expand manufacturing facilities, rise in incidence of chronic and age-related diseases, rapid growth in oncology market, technological advancement like cryogenic and continuous flow manufacturing. Based on the customer, the synthetic API is further divided into branded API and generic API. Branded API accounted the largest share in 2018 and is expected to grow at a mid single digit CAGR from 2018 to 2025. Generic API is expected to grow at a high single digit CAGR from 2018 to 2025, due to Patent expiry of blockbuster drugs, rising healthcare expenses, increasing outsourcing and shift towards the generic medicines led by the government initiatives. Entrepreneurs who invest in this project will be successful.
Plant capacity: 7-Aminocephalosporanic Acid: 2 MT / DayPlant & machinery: Rs 1791 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3419 lakhs
Return: 28.00%Break even: 46.00%
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Vinyl & Latex Surgical Gloves

A surgical (surgeon’s) glove is made of natural or synthetic rubber intended to be worn by operating room personnel to protect a surgical wound from contamination. Surgical gloves have more precise sizing (numbered sizing, generally from size 5.5 to size 9), and are made to higher specifications. They are hand specific. Due to the increasing rate of latex allergy among health professionals as well as in the general population, there has been an increasing move to gloves made of non-latex materials such as vinyl or Nitrile rubber. However, these gloves have not yet replaced latex gloves in surgical procedures, as gloves made of alternate materials generally do not fully match the fine control or greater sensitivity to touch available with latex surgical gloves. Vinyl Gloves are made from Poly Vinyl Chloride(PVC). Vinyl gloves are ideal for glove users sensitive to latex gloves and many childcare and foodservice establishments will use vinyl exam gloves. Vinyl gloves stretch to provide a relaxed and comfortable fit but they are not as stretchy or form-fitting as latex gloves or Nitrile gloves. Vinyl gloves are also the most affordable of all glove materials. Vinyl gloves are an economical alternative for applications where mechanical stress and barrier protection are of less importance. The skin-friendly material is suitable for users suffering from a latex or chemical allergy. The India disposable gloves market was valued at $303 million in 2017, and is expected to reach $760 million by 2025, growing at a CAGR of 12.4% during the forecast period. In terms of volume, the natural rubber gloves segment accounted for more than two-fifth of the total market share in 2017. The growth of disposable gloves market in India is driven by growing awareness about hygiene, disease prevention, and safety among the Indian populace coupled with surge in the number of end users. Moreover, technological advancements in manufacturing gloves and unprecedented growth of the healthcare sector are expected to provide lucrative opportunities to market players in the near future. However, limitations in production capacity and toxic reactions associated with the use of certain gloves are expected to impede the market growth. Increasing spending in the country’s medical sector is likely to drive product demand over the coming years. Asia Pacific is estimated to register a CAGR of 8.6% from 2018 to 2025 on account of the soaring use of the product in medical applications. Demand is expected to rise in countries such as China, India, South Korea, and Indonesia owing to increasing usage in surgical applications and in the food and beverages industry. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Acknit Industries Ltd. Casil Health Products Ltd. London Rubber India Ltd. Sri Kannapiran Mills Ltd. Casil Health Products Ltd.
Plant capacity: Vinyl Gloves (Wt. 5.5 gms each) : 75,000 Pairs/Day Latex Surgical Gloves (Wt. 4 gms each): 75,000 Pairs/DayPlant & machinery: Rs 1153 lakhs
Working capital: -T.C.I: Cost of Project : Rs 2325 lakhs
Return: 29.00%Break even: 38.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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About NIIR PROJECT CONSULTANCY SERVICES

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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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