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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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Start Producing of Rubber Powder from Waste Tyres

Rubber is a butadiene polymer and one of the most essential chemical compounds utilised in a variety of fields in today's advanced world. Rubber is particularly useful in the tyre industry, as it is utilised in a variety of vehicles. Rubber is required as a raw material for rubber products. Either natural rubber, which is frequently grown on enormous plantations – with all the issues that comes with monoculture – or synthetic rubber, which is made from crude oil. Both processes consume a lot of resources. Waste tyres are a major issue all around the world. A huge number of tyres are used in cars, and tyre replacement is done on a regular basis. Old tyres that can no longer be mended but can be used as a byproduct of the waste tyres. Rubber powder is one of the most common waste tyre recycling byproducts. Rubber powder has a wide range of applications in various industries. Waste tyre recycling method is incredibly cost effective, as it recycles 100% of waste tyres (No churn left after the process). Because no chemical substances are utilised in this procedure, it is environmentally safe. Waste tyres are a cheap and readily available raw material. Produce economically beneficial items from waste tyres that have a high market value and demand. In addition, each tonne of recycled tyres saves 10 tonnes of carbon dioxide (CO2), a major greenhouse gas. Properties 1. It is a fine powder with a mesh size ranging from 5 to 200 meshes. 2. It is water insoluble. 3. It is unaffected by alkali or ordinary acid. 4. Rubber powder bulk density ranges between 0.85 and 0.90. Rubber powder is experiencing a tremendous growth in demand in India. In India, demand for rubber powder has climbed by 5% to 8%. This product has a wide range of applications. There's a distinction to be made between recycling and reclaiming. While recycling refers to any method of reusing leftover rubber, reclaiming entails depolymerization. Vulcanized rubber is ground in either a cryogenic or ambient grinding process during recycling. Ground rubber is heated and chemically treated in reclamation. Few Indian Major Players 1. Arihant International Ltd. 2. Elgi Rubber Products Ltd. 3. Rubber Products Intl. (India) Ltd. 4. Rubber Products Ltd. 5. Tinna Rubber & Infrastructure Ltd. 6. Tyre Corpn. Of India Ltd.
Plant capacity: Rubber Powder 5.0 MT per day By Product Steel Wire 1.4 MT per dayPlant & machinery: 46 Lakhs
Working capital: -T.C.I: Cost of Project: 191 Lakhs
Return: 26.98%Break even: 61.44%
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Set up an Plant Activated Charcoal from Bamboo

Activated charcoal is a type of charcoal that is not graphite and is micro crystalline in nature. It's widely employed in a variety of sectors as an excellent odour or colour adsorbent. There are two types of activated charcoal adsorbents: gas phase and liquid phase. The liquid phase activated charcoal is usually in the form of powder or granules, whereas the gas phase adsorbent is usually hard granules like dust-free pellets. Activated charcoal, also known as active charcoal, is amorphous carbon that has a higher adsorption capacity than wood or animal charcoal. Bamboo charcoal is made from fragments of a bamboo plant that have been harvested after five years or more of growth. Bamboo Charcoal goes through the same Pyrolysis process to become "activated." Raw Bamboo Charcoal and Bamboo Briquette Charcoal are two types of bamboo charcoal. Carbonisation and activation can be used to turn bamboo into charcoal and activated charcoal. The carbonisation process increases carbon content and creates an initial porosity, whereas the activation process improves pore structure. Carbonisation occurs at temperatures between 300 and 400 degrees Celsius. (1) Changing the colour and flavour of food materials including agar agar, beer, cider, wines, whisky, vinegar, fruit juices, gelatin, pectin, and cocoa butter. (2) Color, smell, grease, and colloids are removed from dry cleaning fluids like naptha, gasoline, carbon tetrachloride, and so on. (3) Dephenolizing the liquor from the effluent gas works. (4) Oil and grease removal from boiler feed water as well as electroplating solutions. (5) Iodine and bromine recovery from seawater and brines. The global activated carbon market is expected to grow at a CAGR of 9.4% to reach USD 8.12 billion by 2021, while the whole market is expected to grow at a CAGR of 8.4% to reach 3,857.9 KT by 2021, headed by powdered activated carbon. The increasing usage of activated carbon in industrial applications has resulted in a growth in its share in gaseous phase applications, which is projected to boost the Asia-Pacific activated carbon market. Furthermore, the expanding usage of activated carbon for soil remediation and pharmaceutical applications has seen rapid growth in the last five years, and is projected to continue to drive the activated carbon market forward. However, raw material shortage, particularly in the Asia-Pacific region, is a major constraint to the global expansion of the activated carbon market. Few Indian Major Players 1. Aksharchem (India) Ltd. 2. Bamboo Technology Park. 3. Core Carbons Pvt. Ltd. 4. Genuine Shell Carb Pvt. Ltd. 5. Gulbrandsen Catalysts Pvt. Ltd. 6. Indo German Carbons Ltd. 7. Jacobi Carbons India Pvt. Ltd.
Plant capacity: Activated Charcoal Powder 4.0 MT per dayPlant & machinery: 185 Lakhs
Working capital: -T.C.I: Cost of Project: 787 Lakhs
Return: 27.32%Break even: 54.89%
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Profitable Business of Bromelain Enzyme from Pineapple Stems

Bromelain enzyme refers to a group of enzymes, primarily proteolytic enzymes, derived from the pineapple plant's ripe and unripe fruit, as well as the stem and leaves. Bromelain that is sold commercially is usually stem bromelain. Bromelain is mostly made up of cysteine proteases, with traces of acid phosphatase, peroxidase, amylase, and cellulase thrown in for good measure. There are at least four different types of bromelain. Bromelain is one of the most important protease enzymes found in pineapples (Ananas comosus). Pineapples can be eaten or served raw, cooked, juiced, or preserved. This fruit is perishable and only available during certain seasons. Bromelain is plentiful in pineapple stems and fruits, and it may also be separated in small amounts from pineapple debris such as cores, leaves, and peels. Other proteinases found in pineapple plants, such as ananain and comosain, are present in trace amounts, but bromelain is the most well-known and studied. Its amazing use as a phytomedical ingredient is one of the reasons for its high value. 1. Bromelain softens dough by hydrolyzing gluten when added to it during baking. It also improves biscuit and bread quality and taste. 2. In the dairy sector, bromelain is utilised to prevent casein condensation during the cheese-making process. 3. Bromelain is used to tenderise meat in the meat business. 4. Bromelain is utilised in cosmetics because of its skin regeneration and whitening properties. The global bromelain market was worth USD 37.6 million in 2019 and is predicted to increase at a CAGR of 7.2 percent between 2020 and 2027. Because of increased R&D activities to improve the product's applications in the treatment of cancer, HIV/AIDS, and inflammatory diseases such as asthma, coeliac disease, hepatitis, glomerulonephritis, and autoimmune diseases, bromelain's use in the healthcare sector is expected to grow significantly during the forecast period.
Plant capacity: Bromelain Enzyme 3.0 MT per dayPlant & machinery: 92 Lakhs
Working capital: -T.C.I: Cost of Project: 285 Lakhs
Return: 33.25%Break even: 82.73%
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Extraction of Cashew Nut Shell Oil and Cardanol

The Portuguese introduced cashew (Botanical name AnacardiumOccidentale) to India four centuries ago, mostly to reduce soil erosion. The second most popular tree nut in international commerce circles is the cashew, which is followed by the almond. Cardanol is a phenol derived from anacardic acid, which is the major component of cashew nutshell liquid (CNSL), a byproduct of the cashew nut manufacturing process. Cardanol is utilised in resins, coatings, frictional materials, and surfactants used as pigment dispersants in water-based inks in the chemical industry. Cardanol is obtained by distilling CNSL under decreased pressure. The residue will be high in cardanol, which is commonly known as residol and can be utilised to make friction dust for brake linings as well as rubber compounding formulations. The liquid from cashew nuts is used in a variety of polymer-based industries, including paints and varnishes, resins, industrial and ornamental laminates, brake linings, and rubber compounding resins. The cashew apple and its juice have a wide range of medical applications. It is an excellent purgative and an useful cure for survey, cough, and cold. Cashew nut wood is used for fuel and charcoal production. Corrugated and rigid board boxes are made from its wood pulp. The outside skin of the cashew nut is soft and feathery, whereas the inner layer is thin and firm. The honeycomb structure between these skins contains the phenolic compound known as Cashew Nut Shell Liquid, abbreviated as CNSL. The kernel, shell, and testa of the cashew nut are made up of 20 to 25 percent kernel, 60-70 percent cashew nut shell, and 2-5 percent testa on average. The shells can be burned to generate heat for the decorticating processes, and cashew nut shell liquid (CNSL) is an important industry raw material for resin synthesis. Cashew Nut Shell Liquid (CNSL), the liquid contained within the shell casing of the cashew, has a number of industrial applications. Few Indian Major Players 1. Golden Cashew Products Pvt. Ltd. 2. Kerala State Cashew Devp. Corpn. Ltd. 3. Padmavathi Cashews & Coffee Ltd. 4. Pratap Cashew Co. Ltd.
Plant capacity: Cashew Nut Shell Oil 11.0 MT per day Cardanol 5.5 MT per day De-Oiled Cashew Nut Shell Cake (bye Product) 78.0 MT per dayPlant & machinery: 323 Lakhs
Working capital: -T.C.I: Cost of Project: 752 Lakhs
Return: 26.72%Break even: 52.53%
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Lucrative Industry of HDPE Jumbo Bags (Flexible Intermediate Bulk Containers)

Jumbo bags are large bags that are used to pack bulk items of various types. These large bags come in a variety of specifications and grades to meet the needs of our customers and their packaging. The jumbo textiles are constructed of polypropylene materials that are extremely resilient and flexible, making them ideal for a variety of packaging applications. Jumbo bags are large bags that are used to pack bulk items of various types. These large bags are produced in a variety of specifications and grades to meet the needs of our customers and their packaging. Jumbo bags are large bags that are used to pack bulk items of various types. These large bags are produced in a variety of specifications and grades to meet the needs of our customers and their packaging. The jumbo textiles are constructed of polypropylene materials that are extremely resilient and flexible, making them ideal for a variety of packaging applications. • Cost-effective • Very sturdy and flexible • Easy to lift thanks to inbuilt lifting loops • A wide range of sizes are available. • A wide range of filling, discharging, and lifting options • FIBCs are lightweight and portable. These bags may be transported in a very straightforward and simple manner thanks to the large range of Lifting Options offered. • FIBCs are available in a variety of sizes and specifications, and are known for their long life and durability. • FIBCs are the most convenient and cost-effective means to carry and transfer bulk goods for export. By 2023, the global bulk bags market is estimated to be worth USD 4956.7 million, increasing at a 6.80 percent compound annual growth rate (CAGR). To replace wood and cardboard, the market demands reusable, recyclable, and contamination-free packaging solutions. Bulk bag producers are encouraged to create innovative solutions in part by the requirement to prevent damage and contamination to FIBC loads, which customers have expressed as a critical necessity. Few Indian Major Players 1. Ashoka Poly Laminators Ltd. 2. Bardanwala Plastics Pvt. Ltd. 3. Commercial Syn Bags Ltd. 4. Eclat Industries Ltd. 5. Hanson Agro Ltd. 6. Indra Industries Ltd. 7. Jagannath Polymers Pvt. Ltd.
Plant capacity: HDPE Jumbo Bags (FIBCS) 6,666.7 Nos Per DayPlant & machinery: 3465 Lakhs
Working capital: -T.C.I: Cost of Project: 38 Lakhs
Return: 26.27%Break even: 36.20%
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Profitable Business of Xanthan Gum (Food and Oil Drilling Grade)

Xanthan gum is a popular food additive that is used as a thickening or stabiliser in a variety of dishes. When sugar is fermented by a bacteria called Xanthomonascampestris, it produces xanthomonascampestris. When sugar is fermented, a soup or goo-like fluid is produced, which is solidified by adding alcohol. After that, it's dried and ground into a powder. Xanthan gum is a chemical that is utilised in the production of a variety of foods and pharmaceuticals. In these goods, it has various effects. It can thicken things up, keep textures consistent, and keep items in place. Xanthan gum is a polysaccharide that has a variety of industrial applications, including as a food additive. It works as a thickener and stabiliser to keep the ingredients from separating. It's made from several simple sugars through a fermentation process, and it gets its name from the bacteria strain used, Xanthomonascampestris. Xanthan gum thickens commercial egg substitutes derived from egg whites, which are used to replace the fat and emulsifiers contained in egg yolks. Because it does not modify the colour or flavour of foods or beverages at common use levels, it is also a favoured technique of thickening liquids for persons with swallowing problems. It's a widely utilised gum in the food sector for industrial purposes. Its thickening and binding properties make it an excellent food addition for bakery and dairy products. Xanthan gum is a chemical that is utilised in the production of a variety of foods and pharmaceuticals. In these goods, it has various effects. It can thicken things up, keep textures consistent, and keep items in place. The xanthan gum market was valued at over USD 960 million in 2019 and is expected to increase at a CAGR of over 6% between 2020 and 2026. Increasing gluten sensitivity prevalence and quick penetration of healthy snacks in the food and beverage business are expected to enhance product demand. Increased competition in the food and beverage sector, as well as a rapid transition to gluten-free snacks, are expected to boost product demand. Furthermore, shifting consumer ideas of health and nutrition, as well as a growing demand for easily digested solutions, may boost xanthan gum demand.
Plant capacity: Xanthan Gum Food Grade 720.0 Kg. Per Day Xanthan Gum Oil Drilling Grade 340.0 Kg. Per DayPlant & machinery: 120 Lakhs
Working capital: -T.C.I: Cost of Project: 555 Lakhs
Return: 25.27%Break even: 61.77%
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Setup a Plant of Disposable Plastic Syringes with Needles

Disposable Syringes are plastic syringes that are used in the fields of medicine and veterinary medicine. Disposable syringes are rapidly replacing the age-old glass syringes due to their availability in sterilised, ready-to-use, and cost-effective state. The ever-increasing use of this type of syringe demonstrates its importance, which is based primarily on the financial and hygienic benefits it provides. Plastic syringe manufacturing has progressed to the point that the goods now meet the specifications and standards set by hospitals and physicians. At the same time, they provide the finest possible application technique for the physician and the highest level of patient safety. Doctors, as well as research and development staff, utilise disposable syringes to inject drugs intravenously or intramuscularly for the treatment of disorders. Disposable syringes are a type of plastic syringe that is used in the medical and veterinary fields. Disposable syringes are rapidly replacing the age-old glass syringes due to their availability in sterilised, ready-to-use, and cost-effective state. Because of their convenience and inexpensive cost, research laboratories frequently employ medical-grade disposable hypodermic syringes. Another purpose for the needle tip is to add liquids to very small areas, such as when cleaning scientific equipment. When great precision is not required, they are frequently employed for measuring and transporting liquids and reagents. Microliter syringes, which use a small diameter capillary as the syringe barrel, can be used to measure and deliver compounds very precisely. The market for disposable syringes was valued at USD 7.29 billion in 2018 and is predicted to grow at a CAGR of 6.19 percent to USD 11.08 billion by 2025. The Global Disposable Syringes Market is predicted to be driven by the rising incidence of various chronic diseases that need the use of disposable syringes in their treatment. Furthermore, various government organisations subsidise companies that manufacture disposable syringes for the treatment of chronic diseases like diabetes, which account for the majority of the worldwide illness burden.
Plant capacity: Disposable Plastic Syringes with Needles 1 ml Size each Packed in Polypack: 50,000.0 Nos. per day Disposable Plastic Syringes with Needles 3 ml Size each Packed in Polypack: 50,000.0 Nos. per dayPlant & machinery: 524 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 30.78%Break even: 35.60%
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Investment Opportunities in Business of Turkey Red Oil

The oldest textile finishing chemical is Turkey Red Oil, often known as sulphonated castor oil in the trade. Turkey Red Oil is an example of a product created from castor oil. Sulfated Castor Oil is another name for it. This oil is well-liked in the market because of its ability to disperse freely in water, as well as its extended shelf life and purity. Turkey red Oil is a complex blend of pigments, oil varnishes, driers, and frequently waxy or oily substances. Turkey Red Oil is used as a humectant in cosmetics and as an emulsifier in bath oils. It's also utilised as a defoaming agent and an emulsifier in the textile and sugar industries, among other things. • As surfactants and wetting agents in textiles, defoaming agents in paper, emulsifiers in cosmetics, undecylenate in medicines, paints, inks, and lubricants. • This Turkey Red Oil or sulfonated castor oil aids in superfatting liquid soap for the soap-making business that wants to make transparent soaps. • This oil also aids in the emulsification of essential oils, allowing them to dissolve in water-based solutions. • It's the only oil that dissolves fully in water. It's a surfactant, therefore it's a great base for bath oil because it mixes nicely with water and creates a milk bath. • Sulfonated castor oil is also utilised as organic manure in agriculture, in the paper sector for defoaming, and in pharmaceuticals. The global Sulphonated Castor Oil market was worth USD million in 2019 and is predicted to reach USD million by the end of 2026, growing at a CAGR of between 2021 and 2026. Because of the transition in sectors away from petrochemical resources, the worldwide sulfated castor oil market is in a state of flux. The global sulfated castor oil market is being driven by a growing shift in consumer preference for bio-based chemicals, which may be ascribed to fluctuating petrochemical pricing and rising demand for sustainable and bio-degradable plant-based chemical products. Few Indian Major Players 1. Adya Oils & Chemicals Ltd. 2. Biotor Industries Ltd. 3. Ihsedu Agrochem Pvt. Ltd. 4. Jayant Agro-Organics Ltd. 5. Kalyani Refineries Ltd. 6. Mangalam Global Enterprise Ltd. 7. N K Industries Ltd.
Plant capacity: Turkey Red Oil 4,000.0 Kgs Per DayPlant & machinery: 36 Lakhs
Working capital: -T.C.I: Cost of Project: 164 Lakhs
Return: 26.77%Break even: 66.49%
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Investment Opportunities and Strategies in Startup of Oxygen Gas Plant (Industrial and Pharmaceutical Grade).

Chemicals used in industry might be elemental gases, chemical compounds, organic or inorganic. Specialty gases, medical gases, fuel gases, and refrigerant gases are some of the terms used in different industries. The various gases are employed in a range of industries, with the metal, polymer, and food industries being the most common. The different gases' applications are mentioned below. The Glenbrook steel mill uses the majority of the oxygen produced by BOC Gases to oxidise undesirable impurities in the steel. The rest is used in food processing, medical oxygen for respiration, and oxy-acetylene torches. Industrial oxygen is utilized for combustion, oxidation, cutting, and chemical reactions in industrial plants. The purity levels of industrial oxygen are not suitable for human consumption, and contaminants from filthy equipment or industrial storage could make people sick. Medical oxygen is produced with a high level of purity, and the oxygen generation equipment is built to the highest quality requirements. In the air separation, medical oxygen is distilled until it fulfils medical criteria. Ambulances, surgery, and intensive care units all need medical grade oxygen. It is mandatory to have adequate drug licences and follow standard operating processes while producing medical oxygen, which is also listed as a drug on the WHO list of essential medicines. Most living things require oxygen to survive, therefore the importance of oxygen in the area of medicine cannot be overstated. Oxygen is employed in almost every aspect of healthcare, from resuscitation to inhalation therapy. Chronic asthma, cystic fibrosis, pulmonary hypertension, obstructive sleep apnea, heart failure, anaphylaxis, significant trauma, and seizure or hypothermia are just a few of the chronic and acute health disorders for which oxygen treatment is commonly utilised. Oil and gas, petrochemicals, chemicals, power, mining, steelmaking, metals, environmental protection, medicine, pharmaceuticals, biotechnology, food, water, fertilisers, nuclear power, electronics, and aerospace are just a few of the industries that employ industrial oxygen gases. To live, we need to breathe oxygen. However, oxygen has numerous practical use. It may kill microorganisms and is used in welding and wastewater treatment. Carbon monoxide poisoning is treated with oxygen, which also permits divers to breathe underwater. The global industrial gases market was worth USD 92.0 billion in 2020, and it is predicted to increase at a CAGR of 6.0 percent from 2021 to 2028. The expanding manufacturing industry in Asia Pacific's developing economies is primarily responsible for the market's growth. Furthermore, rising industrialization and urbanisation, as well as the increased use of industrial gases in a variety of industries, including healthcare, metals and mining, and food and beverages, are projected to have an impact on market growth in the coming years. Gases produced in significant numbers for use in industrial processes are referred to as industrial gases. These gases are also known as fuel, medicinal, refrigerant, or speciality gases, depending on their application in various industries. The market for medical and pharmaceutical gases and equipment is expected to reach $15.2 billion in 2019, with a CAGR of 6.4 percent from 2020 to 2025. Pharmaceutical and medical gases are fluids designed for use in the medical, pharmaceutical, and biotechnology industries. They're typically utilised to synthesise, sterilise, or insulate human-health-related processes or goods. Major Key Players: 1. Arrow Oxygen Ltd. 2. Bhagawati Oxygen Ltd. 3. Govind Poy Oxygen Ltd. 4. Howrah Gases Ltd. 5. Linde India Ltd. 6. Madhav Industrial Gases Pvt. Ltd. 7. Niket Udyog Ltd. 8. Praxair India Pvt. Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Emerging Business of Disposable Safety Razors. Profitable Industry of Men Grooming Products.

A safety razor is a shaving equipment with a guard that protects the skin from the blade. The safety razor's initial goal was to lessen the risk of harm while shaving and the skill required for a proper shave. The safety razor significantly reduced the need to visit a barber for a shave. With only a single blade and a plastic grip, the disposable razor quickly became a popular instrument among innumerable men who appreciated the convenience of a short shave that was even safer than a safety razor. A shaver with a replaceable blade with a razor-sharp edge; sometimes known as a safety razor. A disposable razor is a comparable device made of plastic with a blade that is not replaceable or sharpenable and is designed to be discarded when the blade dulls. Disposable Safety Razors are: 1. Cost Effective: Although purchasing a double edged razor may appear to be costly, it is quite cost effective in the long run when considering that all that is required is the purchase of blades, which are actually less expensive than cartridge blades. 2. Balance: Because of the pivot, this razor maintains a steady viewpoint while shaving, making it the best because it is easier and faster to use. This is the most appealing element of it. 3. Convenience: While most people prefer to go the modern route, those who have chosen this traditional method of shaving have found it to be cost-effective and simple to use. 4. Time Management: If you value your time, it's time to ditch those pricey cartridges and embrace a double-edged razor, since research has proved that it is truly quite quick to use. 5. Less Maintenance: Unlike fixed type razors, it is very easy to clean due to the ability to change blades. 6. Quality: The edges of a double edge razor are sharper than those of a multi-blade razor, resulting in better outcomes. 7. Environmentally Friendly: Because it is composed entirely of metal, it is immediately considered environmentally friendly. In 2018, the global razor market was worth USD 10.2 billion, and it is expected to grow at a CAGR of 3.5 percent from 2019 to 2025. Several factors are driving the industry, the most important of which is a growing focus on men's grooming and increased consumer awareness of personal cleanliness. Disposable razors make for a sizable portion of the industry, and demand is expected to continue to rise. The Disposable razor's biggest commercial restraint is its higher initial cost. Furthermore, in the case of this type of razor, an individual must learn how to shave properly. The expanding urge to look well groomed, rising per capita income, and rapid urbanization are all contributing to this growth. Men's grooming industry demand has expanded in recent years as a result of growing male customer awareness of their appearance. Furthermore, because more than half of the population is under the age of 30, the industry has a large local market. Furthermore, the market is predicted to rise through 2025 due to an increase in the urban middle class population and enhanced distribution channels in tier II and tier III cities. Major Key Players: Everkeen Blade Co. Ltd. Gillette India Ltd. Jindal Stainless Ltd. Laser Shaving Products Pvt. Ltd. Narang Medical Ltd. Paramount Surgimed Ltd.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • 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
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