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

Agro Based Industry: Project Opportunities in Uttar Pradesh

PROFILE:

Agro-based industry would mean any activity involved in cultivation, under controlled conditions of agricultural and horticultural crops, including floriculture and cultivation of vegetables and post-harvest operation on all fruits and vegetables. The development of agro-industries has assumed crucial importance in the economic planning and progress of the country. The agro industry is regarded as an extended arm of agriculture. The development of the agro industry can help stabilise and make agriculture more lucrative and create employment opportunities both at the production and marketing stages. The broad-based development of the agro-products industry will improve both the social and physical infrastructure of India.

RESOURCES:

Uttar Pradesh is a very fertile region and a major contributor to the national food grain stock. Partly this is due to the fertile regions of the Indo-Gangetic plain, and partly owing to irrigation measures such as the Ganga Canal. Lakhimpur Kheri is the largest sugar producing district in the country. It is also home to 78% of national livestock population. Uttar Pradesh is among the largest producers of agricultural commodities in the country. It produces 34 per cent of the total groundnut, 17.5 per cent of rapeseed, 8 per cent of fruits and 14 per cent of vegetables. It has the largest livestock in the country and its milk production is the highest in the country. It is the largest producer of sugarcane and ranks second in the manufacture of sugar. Uttar Pradesh, with its prosperity in the agricultural sector enabled the growth of allied industry like warehousing, cold storages and flourmills. At 2,659, food product manufacturing sector has the highest number of factories (19.5 per cent of the total) in the state.

GOVERNMENT POLICIES:

In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The Government of India (GOI) uses a variety of policy instruments in attempting to achieve these goals, including:

·         Domestic subsidies to inputs, outputs, transportation, storage, and consumption to reduce producer costs and consumer prices.

·         Border measures such as subsidies, tariffs, quotas, and non-tariff measures to protect domestic producers from import competition, manage domestic price levels, and guarantee domestic supply.

The National Policy on Agriculture seeks to actualise the vast untapped growth potential of Indian agriculture, strengthen rural infrastructure to support faster agricultural development, promote value addition, accelerate the growth of agro business, create employment in rural areas, secure a fair standard of living for the farmers and agricultural workers and their families, discourage migration to urban areas and face the challenges arising out of economic liberalization and globalisation. Over the next two decades, it aims to attain:

·         A growth rate in excess of 4 per cent per annum in the agriculture sector;

·         Growth that is based on efficient use of resources and conserves our soil, water and bio-diversity;

·         Growth with equity, i.e., growth which is widespread across regions and farmers;

·         Growth that is demand driven and caters to domestic markets and maximises benefits from exports of agricultural products in the face of the challenges arising from economic liberalization and globalisation;

·         Growth that is sustainable technologically, environmentally and economically.

The policy seeks to promote technically sound, economically viable, environmentally non-degrading, and socially acceptable use of country’s natural resources - land, water and genetic endowment to promote sustainable development of agriculture.

 

Live Stock: Project Opportunities in Uttar Pradesh

PROFILE:

Livestock sector plays a critical role in the welfare of India's rural population. Indian livestock industry represents major foods of animal origin: milk, eggs, chicken, goat meat and fish.  Beef and pork industries have a limited share in the market, as most Indians do not eat beef and pork. As far as feed is concerned poultry, cattle and aqua feeds have been developed in an organised way. The production regions of Bihar, Uttar Pradesh, Madhya Pradesh and coastal areas are rich in the production of animal feed due to high crop cultivation and industrial setups that give animal feed as the by product. Enormous growth opportunities and scope exist in the Indian livestock industry; all that is required is a right approach in an appropriate direction. No doubt, if the industry is tapped appropriately it can help India become a leader in milk and meat production in the years to come.

RESOURCES:

Uttar Pradesh supports about 15% of the country's total livestock population. Of its livestock in 1961, 15% were cattle, 21% buffaloes, 13% goats and 8% other livestock. Between 1951 and 1956 there was an overall increase of 14% in the livestock population. There are nearly eight lakh hectares of water area, including lakes, tanks, rivers, canals and streams. The fishing area is over two lakh hectares and more than 175 varieties of fish. Among them are rohu, hilsa, mahseer, mangar, snow trout and mirror carp. Uttar Pradesh milk co-operatives are contributing immensely to the Indian dairy industry, the highest milk producer in the world. The impact of Uttar Pradesh milk co-operatives can be ascertained from their role in the private and co-operative systems. With the launch of innovative technologies Uttar Pradesh is now being able to enhance their milk production acutely. The merging of the rural and the urban contribution to the dairy production in Uttar Pradesh forms the Uttar Pradesh milk co-operative union.

GOVERNMENT POLICIES:

The livestock sector has great but untapped potential to contribute to poverty alleviation and the achievement of the Millennium Development Goals.

·         Agricultural growth can be highly effective in reducing poverty as the largest share of the world’s poor live in rural areas.

·         Livestock provide food and income to the majority of the 1.2 billion people living on less than $1 per day.

·         Demand for livestock products is growing fast in developing countries, faster than demand for staple crops, and will continue to do so in the foreseeable future.

·          This demand growth can provide significant opportunities for many rural and peri-urban poor to increase returns from their livestock resources.

 

Textile Industry: Project Opportunities in Uttar Pradesh

PROFILE:

The Indian textile industry is one of the largest industries in the world. The textile industry in India is the largest provider of employment after agriculture. This industry is one of the earliest industries of India to come into being; it is presently the second biggest industry in the world after China. Over the years, this industry has proved to be the provider of the basic requirements of the people. The industry holds a vital place in the Indian economy as it makes a contribution of 14 % to the industrial production of the country and at the same time sums up 4% of the total GDP of India. Along with contributing to the Indian economic scenario in terms of employment, involvement in the industrial production, foreign revenues the textile industry of India also contributes to the global textile economy. It contributes to the global textile fiber and yarn production. The handlooms sector is the second largest employer in India providing employment to about 65 lakh persons. The sector represents the continuity of the age- old Indian heritage of hand weaving and reflects the socio cultural tradition of the weaving communities.

RESOURCES:

Total sales in textiles sector accounted for 12.3 per cent of the sales by industries in the state in 2003.Textile sector is one of the important traditional industries in the state. Uttar Pradesh has 58 spinning mills and a total of 74 textile mills in the non-SSI 12 sector. The state is known for its carpets & brassware products. Carpet weaving is one of the important crafts in Uttar Pradesh. UP produces about 90 per cent of the country’s carpets in and around Mirzapur, Bhadohi and Khamaria. These carpets are popular export items today. Hand woven carpets, brassware and leather products from the traditional export items from the state. Uttar Pradesh produces about 15 % of the total fabric of this country. handloom sector in Uttar Pradesh has near about 5.6 %  share of total weaving units in India, it employees 6.4 %  of the total number  Of workers and 6.6 % of the total numbers of weavers in this country. whereas each state in India is popular for one or two products, Uttar Pradesh is the only state which has a distinction of being able to offer the complete range of handloom products, viz– home furnishing, floor coverings, bed covers, bed sheets, dress material, towels, table linen and a vast range of woven and printed sarees made of cotton and silk and many more items. The element of art and craft present in Uttar Pradesh makes it a potential sector for upper segments of the market both in India as well as globally.

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.

 

Tourism: Project Opportunities in Uttar Pradesh

PROFILE:

India’s tourism industry is experiencing a strong period of growth, driven by the burgeoning Indian middle class, growth in high spending foreign tourists, and coordinated government campaigns to promote ‘Incredible India’. Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. In 2010, 25.8 million foreign tourists visited India. India is expected to increase to 9.4% annual growth rate till 2018. Andhra Pradesh, Uttar Pradesh, Tamil Nadu and Maharashtra received the big share of these visitors. Ministry of Tourism is the nodal agency to formulate national policies and programmes for the development and promotion of tourism. Uttar Pradesh is India's most populous state with a population of over 190 million people. It is divided into 70 districts with Lucknow as its capital. Uttar Pradesh is bounded by Nepal on the North, Himachal Pradesh on the northwest, Madhya Pradesh on the south, Haryana on the west, Rajasthan on the southwest, and Bihar on the east.

RESOURCES:

Uttar Pradesh is the historical heart land of India, where each part of the state is attached with ancient history, civilization, religions and culture. Uttar Pradesh is situated in the northern part of India, border with the capital of India New Delhi. Uttar Pradesh is the most popular tourist destination in India. Uttar Pradesh is important with its wealth of historical monuments and religious fervour. Geographically, Uttar Pradesh is very diverse, with Himalayan foothills in the extreme north and the Gangetic Plain in the centre. It is also home of India's most visited site, the Taj Mahal, and Hinduism's holiest city, Varanasi. The most populous state of the Indian Union also has a rich cultural heritage. Kathak one of the eight forms of Indian classical dances, originated from Uttar Pradesh. Uttar Pradesh is at the heart of India, so popular with another name The Heartland of India. Cuisines of Uttar Pradesh like Awadhi cuisine, Mughlai cuisine, Kumauni cuisine are very famous in entire India and abroad. Uttar Pradesh is India's most populous state with a population of over 190 million people. It is divided into 70 districts with Lucknow as its capital. Uttar Pradesh is bounded by Nepal on the North, Himachal Pradesh on the northwest, Madhya Pradesh on the south, Haryana on the west, Rajasthan on the southwest, and Bihar on the east.

GOVERNMENT POLICIES:

The Government of India and a number of other states have declared tourism as an industry. Gujarat State which is at the forefront of the industrial development will also declare tourism as an industry. the Government of India announced a New Tourism Policy to give boost to the tourism sector. The policy is built around the 7-S Mantra of Swaagat (welcome), Soochanaa (information), Suvidhaa (facilitation), Surakshaa (security), Sahyog (cooperation), Sanrachnaa (infrastructure) and Safaai (cleanliness). Some of the salient features of the Tourism Policy are:

·         The policy proposes the inclusion of tourism in the concurrent list of the Constitution to enable both the central and state governments to participate in the development of the sector.

·         No approval required for foreign equity of up to 51 per cent in tourism projects. NRI investment up to 100% allowed.

·         Automatic approval for Technology agreements in the hotel industry, subject to the fulfilment of certain specified parameters.

·         Concession rates on customs duty of 25% for goods that are required for initial setting up, or for substantial expansion of hotels.

·         50% of profits derived by hotels, travel agents and tour operators in foreign exchange are exempt from income tax. The remaining profits are also exempt if reinvested in a tourism related project.

 

 

Waste management: Project Opportunities in Uttar 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:

The city of Lucknow in Uttar Pradesh produces around 1500 tons of solid waste every day. The municipal workers collect around 1100 tons every day. The municipal solid waste (MSW) is disposed of haphazardly in open dumps. With growing pressure on land due to increasing population it is increasingly difficult for Lucknow Nagar Nigam (LNN) to locate new disposal sites. In order to overcome this difficulty the LNN has entered into a contract with a company to process MSW generated in the city and to generate power and organic manure from it.

GOVERNMENT POLICIES:

Government of Uttar Pradesh proposes development of Integrated Municipal Solid Waste Management Project (IMSWMP) For Agra, Uttar Pradesh. UP Awas Bandhu is the nodal agency for the project. The Project has been conceptualized as an Integrated Municipal Solid Waste Management Project comprising of the following facilities:

·         Collection of waste from individual households and its segregation into Bio-degradable and Non-biodegradable wastes.

·         Construction, Operation & Maintenance of MSW Transfer stations including Secondary transportation of waste from the transfer stations to the Treatment and Disposal facilities.

·         Development, Operation & Maintenance of Processing Facility with compost plant and any other suitable plant such as RDF, etc.

·         Development, Operation & Maintenance of Sanitary Landfill Facility including Closure of the Existing Dumpsite.

·         Setting up STPs as required beyond those proposed in JNNURM

·         O&M of all existing STPs and those to be setup by PPP development and also under JNNURM as required.

·         Any other activity needed as part of Integrated Solid Waste Management Project.

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Disposable Baby Diaper

A diaper or nappy is a kind of underwear that allows one to defecate or urinate in a discreet manner. Modern disposable baby diapers and incontinence products have a layered construction, which allows the transfer and distribution of urine to an absorbent core structure where it is locked in. The diapers are gaining huge consumption amongst the baby as well as adult population. Further, it is anticipated that the Baby Diaper market is expected to reach around INR 200 Billion by 2022, growing at a double digit CAGR over the forecasted period 2017-2022. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Centron Industrial Alliance Ltd. • Diapers India Ltd. • Godrej Hygiene Products Ltd. • Kimberly Clark Lever Pvt. Ltd. • Maple Biotech Pvt. Ltd. • Me N Moms Pvt. Ltd.
Plant capacity: Disposable Baby Diapers (4 Pcs/Pkt): 48000 Packets/DayPlant & machinery: Rs 380 lakhs
Working capital: -T.C.I: Cost of Project: Rs 705 lakhs
Return: 29.00%Break even: 52.00%
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Iron Powder from Mill Scale Scrap

Iron powder is an important raw material for industries engaged in the manufacture of powder metallurgy components and of welding electrodes. It is also used in flame cutting and scarfing, electronic, magnetic, chemical and other miscellaneous applications. Production of iron and steel powders from scrap is a viable proposition and provides an opportunity for increased recycling of ferrous scrap. The global market for metal powder is projected to grow at a CAGR of 3.80% from 2015 to 2020, to reach USD 4,062.2 Million by 2020. The growing GDP in emerging markets such as China, India, and Brazil is estimated to drive the demand for metal powder. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Adhunik Metaliks Ltd. • Arcvac Forgecast Pvt. Ltd. • Concast Steel & Power Ltd. • Crackers India(Alloys) Ltd. • Dynamic Ship Recyclers Pvt. Ltd. • Evergrowing Iron & Finvest Pvt. Ltd. • Hoganas India Pvt. Ltd.
Plant capacity: 25 MT/DayPlant & machinery: Rs 527 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1077 lakhs
Return: 24.00%Break even: 64.00%
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Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile. In addition to sanitary napkins non-woven fabric is also used in several other products like cigarette filters, headliners, airlines disposables, surgical disposables, non-woven wipes, non-woven abrasives, sports footwear components etc. Meditech products include textile material used in hygiene, health and personal care as well as surgical applications. The Indian sanitary napkin market reached a value of nearly US$ 414 Million in 2016, the market is expected to reach a value of around US$ 596 Million by 2022, growing at a CAGR of more than 6% during 2017-2022.Thus, due to demand it is best to invest in this project. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Carewell Hygiene Products Ltd. • Godrej Hygiene Products Ltd. • Gufic Biosciences Ltd. • H L L Lifecare Ltd. • Johnson & Johnson Pvt. Ltd. • Kimberly Clark Lever Pvt. Ltd.
Plant capacity: Sanitary Napkins (260 mm Size): 19200 Pcs./DayPlant & machinery: Rs 5 lakhs
Working capital: -T.C.I: Cost of Project: Rs 29 lakhs
Return: 32.00%Break even: 62.00%
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Bleaching Powder

Bleaching Powder is an oxidizing agent and the activity is measured in terms of available chlorine, which is the same weight as that of gaseous or liquid chlorine that would exert the same action as the chlorine compound. Bleaching powder is used to whiting or removing the natural color of textile fibers, yarns, wood pulp, paper and other products by chemical reaction and also is an additive in the scouring powder preparation as germicide. The global bleaching powder market was valued at around US$ 5 Bn in 2016 and is anticipated to expand at a CAGR of more than 3% from 2018 to 2026. Expansion in the global bleaching powder market is driven by the rise in demand for fresh water and increase in demand for bleaching powder in pulp & paper applications. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Aditya Birla Chemicals (India) Ltd. • Bengal Chemicals & Pharmaceuticals Ltd. • Daikaffil Chemicals India Ltd. • Gacl-Nalco Alkalies & Chemicals Pvt. Ltd. • Lords Chemicals Ltd. • Lords Chloro Alkali Ltd.
Plant capacity: 5 MT/DayPlant & machinery: Rs 83 lakhs
Working capital: -T.C.I: Cost of Project: Rs 249 lakhs
Return: 27.00%Break even: 44.00%
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Saline and Dextrose Fluid (IV)

Saline is a general phrase referring to a sterile solution of sodium chloride in water, but is only sterile when it is to be placed parenterally; otherwise, a saline solution is a salt water solution. The sterile solution is typically used for intravenous infusion, rinsing contact lenses, nasal irrigation, and often used to clean a new piercing. Dextrose Solution (5%) is an isotonic solution and supplies calories to human body instantaneously without disturbing the electrotype balance. The global Intravenous (IV) solutions market was valued at USD 6.9 billion in 2015 and is projected to grow at a CAGR of 7.8% over the forecast period. And is expected to reach a value of USD 13.79 billion by 2024. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Amanta Healthcare Ltd. • Axa Parenterals Ltd. • Infutec Healthcare Ltd. • Kokad Pharmaceutical Laboratories Ltd. • Parenteral Drugs (India) Ltd. • Parenteral Surgicals Ltd.
Plant capacity: Dextrose IV Fluid (100 ml Size) : 7800 Bottles/Day Dextrose-Sodium Chloride IV Fluid (250 ml Size): 7200 Bottles/Day Sodium Chloride IV Fluid (500 ml Size): 6200 Bottles/Day Ciprofloxacin (100 gm Size) Bye Product: 250 Bottles/Day FluconazolPlant & machinery: Rs 2281 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3200 lakhs
Return: 28.00%Break even: 34.00%
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Quartz Slabs

Quartz slab is basically used primarily for kitchen countertops. Engineered quartz is a manmade product created mostly from natural materials. Quartz countertops are stronger and more flexible than granite. This makes them easier to work with during the fabrication and installation process. The global kitchen countertop quartz market is anticipated to account for US$ 135.47 Bn by the end of 2025, escalating from US$ 92.93 Bn in 2017, at a growth rate of 4.9% during the forecast period from 2018- 2025. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Associated Marmo & Granites Ltd. • Elegant Marbles & Grani Inds. Ltd. • Inani Marbles & Inds. Ltd. • Madhav Marbles & Granites Ltd. • N C L Marbles & Granites Ltd. • Neelmani Mines & Marbles Ltd.
Plant capacity: Quartz Slabs (3250 x 1650 x 15 mm): 125 Nos./DayPlant & machinery: Rs 1100 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2033 lakhs
Return: 28.00%Break even: 50.00%
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Artificial Sand from Stones and Waste Metals

Artificial sand term used for aggregate material less than 4.75mm and which are processed from crushed rocks or gravel. Due to booming of construction activity in our country natural sand resource are increasingly depleted and its cost is becoming increasingly high. Artificial sand has in compressive strength of concrete to compare the cost of different mix composition and to assess the prospect of using artificial sand as replacement of natural sand in India. Demand for artificial sand is good in almost all regions of the country. India is second only to China as one of the largest consumer of sand in the world. Artificial sand market is directly linked to the crushing and screening business. Today, 25,000 tonne of artificial sand produced every day. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • 20 Microns Nano Minerals Ltd. • Aankit Granites Ltd. • Bharucha Stone & Sand Works Pvt. Ltd. • G T P Granites Ltd. • Gallop Granites Ltd. • Grapco Mining & Co. Ltd.
Plant capacity: 2400 MT/DayPlant & machinery: Rs 325 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1191 lakhs
Return: 30.00%Break even: 58.00%
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Gypsum Plaster Board (Wall and Top Ceiling)

Gypsum Plaster Boards are constructional sheets composed of consigned Gypsum with about 15% fibre. Its outstanding contributes are fire resistance, dimensional stability, easy workability and low cost fibres are added to provide crack resistance and for fire resistance water repellent chemicals may be added to the board core. Gypsum plaster boards are selected for use according to their type, size, thickeners and edge profit. The Boards may be used for example to provided dry lining finishes to masonry walls, to ceilings etc. The Indian market for Gypsum Plaster Board is expected to reach about 333.64 million m2 by 2021 from 221.75 million m2 in 2016, The Gypsum plasterboard global market size is estimated to grow from USD 18.07 Billion in 2016 to USD 23.85 Billion by 2021, at a CAGR of 5.7% between 2016 and 2021.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • B P B India Gypsym Ltd. • F C I Aravali Gypsum & Minerals India Ltd. • I D L Buildware Ltd. • I D L Salzbau (India) Ltd. • Jath Wind Energy Pvt. Ltd. • MytrahVayu (Manjira) Pvt. Ltd.
Plant capacity: 8000000 Sq.mt./AnnumPlant & machinery: Rs 805 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1497 lakhs
Return: 28.00%Break even: 55.00%
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Biodegradable Disposable Cups and Plates Using Sugarcane Bagasse

Sugarcane bagasse products are perfect solution for biodegradable food packaging which are environment friendly. These eco-friendly food containers are very easy for food takeaways which why is they are called as green food packaging or biodegradable disposable takeaways. These no plastic food containers not help nature but also our health too. The packaging industry in India is expected to reachUS$73 billion in 2020 from US$32 billion in FY15growing at a CAGR of 18%. Around US$ 3.6 Bn is the global disposable plates and cups market standing in 2017 and it is estimated to reach an evaluation of about US$ 6.4 Bn by 2027. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: 2800 Kgs/DayPlant & machinery: Rs 940 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1369 lakhs
Return: 26.00%Break even: 44.00%
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Biodegradable Plates Production from Areca Nuts Tree Leaf, Barks and Bamboo

Biodegradable Plates Production from Areca Nuts Tree Leaf, Barks and Bamboo. Eco-Friendly Disposable Areca Leaf Plates Manufacturing Business Areca nuts tree leaf plate is made of completely organic material, which is a fallen leaf collected from areca palm trees. Palm Leaf plates are made by Mother Nature from the naturally fallen Areca Palm tree leaves found in India. The leaf or Sheath is collected for the tableware. Areca Leaf plates are commonly known as Areca Plate / Areca Palm Leaf Plates / Palm Leaf Plates / Bio Plate / Natural plates, Disposable Plates / Eco friendly Bio-Degradable Dinner Plates / Kitchenware / Dinnerware. Features: • Unique • Variegated sizes • Intricate designs Currently no other alternative product in the world can match the unique properties of areca palm leaf plates present in nature. • Hygienic & Odourless • Do not alter taste of the food on the plate • Freezer, Microwave & Oven Safe • Leak Proof • The strongest and most heat tolerant disposable plate • Economical & Commercially Viable • Biodegradable, Compostable & Sustainable • 100% Natural, Non-Toxic & Organic • Naturally biodegrade within 6-8 weeks • After use, it can be utilized as cow fodder Areca leaf plates are made from the naturally shed leaf sheaths of Areca Nut Tree. The areca leaves are simply collected, pressure washed, scrubbed, sun dried and then with the application of heat and pressure formed into appropriate shaped plates. Plates once used can be used as a good fertilizer which enhances plants growth, a good source of organic manure. The disposable plates and bowls are an alternative to plastic and paper plates. The products are natural, compostable and biodegradable yet look stylish. The demand is high within the country too. Areca leaf plates are good replacement of thermocol plates, paper plates and plastic plates as they are eco-friendly. They are made in India and exported all over the world. So, there is a large export market for areca plates. The countries that import areca leaf plates from India are shown in the pie chart below given. Areca Leaf Plate exporters in India supply these plates which are in supreme demand owing to their low cost and solid construction on top of it environmental friendly nature. The products are made from high-quality leak proof and defect free palm sheath. The top countries that constitute to export market for areca leaf plates made in India are: • USA (36%) • Netherlands (17%) • Germany (16%) • Spain (10%) • UK (6%) Some facts on Arecanut production in India • India is leading producer of Arecanut in the world. • In India Karnataka leads other states in production, which is at whopping 47%. • Again, in Karnataka, Shimoga ranks first in area and production, 23% and 21%, respectively. • The nut derived from dried arecanut fruit is called Arecanut, Supari, Betelnut. The disposable tableware is mainly made from paper, pulp, Polyethylene terephthalate, polyethylene, Starch Blends, biodegradable CPLA, PLA and Talc, etc. including the disposable plates, disposable bowls, disposable cups and disposable silverware. The main applications of disposable tableware are household and commercial use. Commercial use is dominating the end market, occupy for about 79.6 % of market share. The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions. Compostable tableware’s products are used for serving food. These products are biodegradable and release valuable nutrients into the soil, aiding the growth of trees and plants when they breakdown. Compostable plates can be placed into the compost bin after use. These products degrade within several months in an industrial composting facility and produce no toxic residues. These plates are reusable and are made up of renewable resources. These renewable sources are made from all-natural materials such as agricultural residues, palm leaves, bagasse, bamboo, and cornstarch-based PLA plastic. These eco-friendly tableware’s are sturdy enough to hold hot or cold food and easily gets biodegraded after use. Compostable plates and bowls are the perfect solutions for emerging green businesses. The growing awareness about the adverse effects of plastic such as massive plastic pollution and its grave consequences on aquatic and aerial creatures after dumping this product into the sea are the major driving factors for the growth of compostable tableware market. The increasing demand for safe, sustainable and environmental friendly cutlery owing to the rising number of fast food restaurants and cafeterias is boosting the compostable tableware market. Compostable disposables are a viable alternative that provides the convenience of disposable plates when used in catering for parties, picnics or other occasions along with an added advantage of no negative impact to the eco-system. However, the lack of awareness about the benefits of compostable tableware’s and the poor management of organic waste hampers the growth of compostable tableware market. The cost of compostable tableware is also higher as compared to the traditional disposables. Moreover, the rising enforcement of environmental laws and the growing need for better waste management is anticipated to create an opportunity for the growth of compostable tableware market. Biodegradable Food Service Disposables Market The global market for foodservice disposables is anticipated to see a steady growth between 2017 and 2021. By the end of 2021, the global foodservice disposables market is estimated to bring in US$ 27,187 Million revenue. Increasing number of restaurants are using disposable plates, cups, trays, bowls, etc., to serve various food items. Majority of the restaurants have started providing catering services, hence the use of foodservice disposables have also increased. Manufacturers are also providing customized foodservice disposables as per the requirement of restaurants. Moreover, increasing number of customers have started using catering services provided by restaurants, especially during celebrations. Meanwhile, in the recent years, retail stores and hospitality industry have also started using foodservice disposables to provide various food products. A rise in the number of restaurants in developing countries and popularity of takeaway meals is fueling the growth of foodservice disposables in Asia Pacific region. Moreover, continuous urbanization, sedentary lifestyles and on-the-go food culture are expected to further propel the growth of the market in the short and medium terms. Easy availability of raw materials used in the manufacturing of biodegradable food service disposables is another factor which will provide the manufacturers with ease of production, thereby increasing the availability of these products in the market. Increasing environmental concerns due to the rising usage and disposal of paper disposables have created strong potential for the biodegradable food service disposables market to grow in the coming years. Plastic ban in several countries and rising consumer awareness about the environmental impact posed by plastic and paper disposables have resulted into increased preference for completely biodegradable alternatives. The global food service disposable market is very competitive and encompasses some of the top players such as; • New Wincup holdings Inc, • Pactiv llc, • Anchor packaging Inc, • Dart Container Corporation • Gold Plast Spa • Georgia Pacific LLC • MDS Associates, Inc. • Biopac India Corporation Ltd. • H.T. Berry Company, Inc. • Sysco Corporation Tags #Biodegradable_Plates, #Eco_Friendly_Disposable_Plates, Eco-Friendly Dinnerware Biodegradable Compostable Disposable, #Compostable_Plates, Biodegradable Plates Manufacture, Biodegradable Plates Making Unit, Biodegradable Disposable Plates, #Areca_Leaf_Plates, Betel Nut Palm Leaf, Arecanut Leaf Plates Manufacturing, Areca Leaf, Palm Leaf Plates, Eco Friendly Leaf Plates, Areca Leaf Plates Business, Eco-Friendly Biodegradable Disposable Dinnerware, How are Areca Leaf Plates Made? Making of Arecanut Leaf Plates, #Arecanut_Leaf_Plate_Manufacturing_Business, Project Report for Areca Leaf Plate Making, #Ecofriendly_Disposable_Dinnerware, Areca Palm Leaf Plates, Betel Leaf Plate Making, #Leaf_Plate_Making_Business, Arecanut Palm Leaf Plates Manufacturing Business, Areca Leaf Plates Making Business, Arecanut Leaf Plates Manufacture in India, Areca Nut Leaf Plate Manufacturing in India, Manufacture of Areca Plates, How to Start a Disposable Plates Business, Bio-Degradable Plates from Areca Nuts Tree Leaf, Barks and Bamboo, Production of Areca Palm Plates, #Biodegradable_and_Compostable_Disposable_Plates, Project Report for Areca Leaf Plate Making Business, Biodegradable Disposable Plate Manufacture, Recyclable and Compostable Disposables Plates, Single-Use Disposable Foodservice Products, Foodservice Cup, Biodegradable and Compostable Alternatives to Conventional Plastics, Foodservice Single-Use Products, Foodservice Products, Project Report on Biodegradable Plates Manufacturing Business Industry, #Detailed_Project_Report_on_Biodegradable_Plates_Manufacturing_Business, Project Report on Biodegradable Plates Manufacturing Business, Pre-Investment Feasibility Study on Biodegradable Plates Manufacturing Business, Techno-Economic feasibility study on Biodegradable Plates Manufacturing Business, Feasibility report on Biodegradable Plates Manufacturing Business, Free Project Profile on Biodegradable Plates Manufacturing Business, #Project_profile_on_Biodegradable_Plates_Manufacturing_Business, Download free project profile on Biodegradable Plates Manufacturing Business, Biodegradable Plates Manufacturing Business
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Return: 1.00%Break even: N/A
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