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

Agro and Food Processing: Project Opportunities in Uttarakhand

PROFILE:

Food processing involves any type of value addition to agricultural or horticultural produce and also includes processes such as grading, sorting and packaging which enhance shelf life of food products. The food processing industry provides vital linkages and synergies between industry and agriculture. The Food Processing Industry sector in India is one of the largest in terms of production, consumption, export and growth prospects. The government has accorded it a high priority, with a number of fiscal reliefs and incentives, to encourage commercialization and value addition to agricultural produce, for minimizing pre/post harvest wastage, generating employment and export growth. India's food processing sector covers a wide range of products fruit and vegetables; meat and poultry; milk and milk products, alcoholic beverages, fisheries, plantation, grain processing and other consumer product groups like confectionery, chocolates and cocoa products, Soya-based products, mineral water, high protein foods etc.

RESOURCES:

Uttarakhand comprises of total are 5672568 Hectares, of which forest area is 3485847 hectares. Fruits such as apples, oranges, pear, grapes peach, plum apricot, litchi, mangoes and guava are widely grown in the state and therefore have immense potential for development of horticultural crops and processing units. The State Government will assist in establishing small & medium size Agro Parks, Food Parks etc., which will provide common infrastructure facilities for storage, processing, grading and marketing, thus ensuring that surplus fruits and vegetables do not go waste as at present. Four Agri Export Zones have already been declared under the AEZ scheme of the Government of India for Litchi, Horticulture, Herbs, Medicinal Plants and Basmati Rice. Further, efforts will continue to promote production for export and provide access to domestic and export markets for products from the State.

GOVERNMENT POLICIES:

The Ministry of Food Processing Industries (MOFPI) is a ministry of the Government of India is responsible for formulation and administration of the rules and regulations and laws relating to food processing in India. The ministry was set up in the year 1988, with a view to develop a strong and vibrant food processing industry, to create increased employment in rural sector and enable farmers to reap the benefits of modern technology and to create a of surplus for exports and stimulating demand for processed food.

•        Custom duty rates have been substantially reduced on food processing plant and equipments, as well as on raw materials and intermediates, especially for export production.

•        Wide-ranging fiscal policy changes have been introduced progressively in food processing sector. Excise and Import duty rates have been reduced substantially. Many processed food items are totally exempt from excise duty.

•        Corporate taxes have been reduced and there is a shift towards market related interest rates. There are tax incentives for new manufacturing units for certain years, except for industries like beer, wine, aerated water using flavouring concentrates, confectionery, chocolates etc.

•        Indian currency, rupee, is now fully convertible on current account and convertibility on capital account with unified exchange rate mechanism is foreseen in coming years.

•        Repatriation of profits is freely permitted in many industries except for some, where there is an additional requirement of balancing the dividend payments through export earnings.

 

Biotechnology: Project Opportunities in Uttarakhand

PROFILE

The Biotechnology sector in India is one of the fastest growing sectors of the Indian Economy. As the sector is mainly based on knowledge, it is expected that it will play an important part in shaping the Indian Economy, which is developing at a rapid pace. The Indian Biotechnology sector holds immense potential in terms of research and development, skill and cost effectiveness. As per the eight annual survey by the Association of Biotechnology-led enterprise (ABLE) and a monthly journal, Bio-Spectrum, the sector grew threefold in five years and reported a revenue of US$ 3 billion during 2009-2011 with a 17 per cent rise as compared to the previous year.

RESOURCES

Uttarakhand is an ideal destination to invest in biotechnology-based industries because of several inherent advantages and being host to vast diversity of flora and fauna and rare species of plants and animals. A high-level biotechnology board is being setup to pursue initiatives in the field of research. The state will accord the units coming under this sector with the industry status and aims to establish an internationally competitive business infrastructure and environment for the industry in the state. Further, a biotechnology park is to be developed that will integrate resources and provide a focused institutional set up for accelerated commercial growth of bio-technology and bio-informatics. The Government is also in the process of creating an Exchange for Medicinal and Aromatic Plants to serve as a common platform for research institutions, technology developers and producers.

GOVERNMENT POLICIES:

The Uttarakhand Board of Biotechnology (UBB) will help the R&D Institutions of the State to seek funds from the national and international funding agencies / donors to upgrade the infrastructure facilities. Depending upon the need, UBB and the State Government will also try to fund R&D facilities through its own resources. The State Government undertakes to provide the following facilities/terms to the companies desirous of establishing BT units in the State:

•        BT Units including related R&D Units will enjoy the status of industry and will be eligible for incentives and concessions as provided for the relevant category/class of industry in the Industrial Policy of the State. For this purpose they shall be treated as Priority Sector Industry. Department of Biotechnology will provide The State Government undertakes to provide the following facilities/terms to the companies “single-window clearance” and shall issue only one application form to set up BT Units in the State.

•        The Government proposes to establish in association with private sector a BT Park initially at Halide, Pantnagar where land/plots would be made available to prospective entrepreneurs on favourable terms. The latter, however, are also free to choose their own sites or locate the same in the other established Industrial Areas in the State.

Hydropower: Project Opportunities in Uttarakhand

PROFILES:

Hydroelectricity is the term referring to electricity generated by hydropower; the production of electrical power through the use of the gravitational force of falling or flowing water. India was the 7th largest producer of hydroelectric power in 2008 after Norway: 114 TWh and 3.5 % the world total in 2008. The potential for hydroelectric power in India is one of the greatest in the world. Small hydropower offers a wide range of benefits-especially for rural areas and developing countries. The resource is environmentally responsible and has substantial economic advantages. Efforts also being made to improve the exchange of ideas and technology related to small hydropower. In India, small hydropower up to capacity of 25 MW also includes the mini-and-micro hydropower projects which are usually confined strictly to local use. A potential of over 15,000 MW has been identified from small hydropower and Government of India has been according top priority to SHP development as thrust area.

RESOURCES:

Uttarakhand has a large network of rivers and canals which provides an immense scope for hydro-power energy. In India, the development of Micro, Mini, and Small Hydro Power Projects started in the year 1897. One of the first hydro-power stations in India was commissioned at Galogi in 1907. More power stations were subsequently developed over a period of time. In Uttarakhand, the estimated capacity of Small hydro power projects is about 1500 MW out of total estimated capacity of 20,363 MW Uttaranchal has a hydropower potential of the order of 20236 MW against which only about 1407 MW has been harnessed so far.

GOVERNMENT POLICIES:

The Government of Uttaranchal (GoU) has decided to encourage generation of power through small hydropower sources of energy, and has framed a policy so that the development of this sector serves as an engine to achieve the objective of promoting the all-round development of the region. To encourage generation of hydropower the government of Uttarakhand has formulated and implemented policies with following objectives:

•        Creation of conducive conditions for encouraging private sector participation

•        Harnessing water resources in an environment friendly manner

•        Meeting the energy demand of the state/country

•        Promotion of the overall development of the region

•        Generation of revenue from hydro resources

 

Mineral: Project Opportunities in Uttarakhand

PROFILES:

A mineral is a naturally occurring solid chemical substance formed through biogeochemical processes, having characteristic chemical composition, highly ordered atomic structure, and specific physical properties. India is endowed with significant mineral resources. India produces 89 minerals out of which 4 are fuel minerals, 11 metallic, 52 non-metallic and 22 minor minerals.

RESOURCES:

Mineral resources of Uttarakhand play a significant role in the economy of Uttarakhand. The Chamoli district of Uttarakhand is especially famous for housing a number of mineral resources in Uttarakhand. The northern division of the district consist entirely of medium to high grade metamorphic rocks, which also contains bands of volcanic rocks in some areas; the southern division contains sedimentary and low-grade metamorphic rocks, with bands of volcanic rocks in some regions. Although much is not known about the geology of the first division of Chamoli, yet the mineral resources contain rocks such as quartzite, marble, and various types of schist and gneiss. The southern division contains rocks such as gneiss, limestone, phyllites, quartzite, sericite-biotite schist and slate.

Some of the important minerals that form a major part of the mineral resources of Uttarakhand are: Asbestos, Magnestic, Soapstone or Steatite, Copper, Iron, Graphite, Gold, Gypsum, Lead, Slate, Limestone, Building Stone, Sulfur, and Bitumen. Beside these major mineral resources, some of the other mineral resources of Uttarakhand also play a major role in enhancing the economy of Uttarakhand. Some of those mineral resources are: Antimony, Arsenic, Lignite or Brown Marble, Mica, Silver, etc.

GOVERNMENT POLICIES:

NATIONAL MINERAL POLICY, 2008

Keeping in view the long term national goals and perspective for exploitation of minerals, Government of India has revised its earlier National Mineral Policy, 1993 and came up with a new National Mineral Policy 2008. Basic goals of NMP 2008 are-

1.       Regional and detailed exploration using state of the art techniques in time bound manner.

2.       Zero waste mining

For achieving the above goals, important changes envisaged are:

•        Creation of improved regulatory environment to make it more conducive to investment and technology flows

•        Transparency in allocation of concessions

•        Preference for value addition

•        Development of proper inventory of resources and reserves

•        Enforcement of mining plans for adoption of proper mining methods and   optimum utilization of minerals 

•        Data filing requirements will be rigorously monitored

•        Old disused mining sites will be used for plantation or for other useful purposes.

•        Mining infrastructure will be upgraded through PPP initiatives

•        State PSU involved in mining sector will be modernized

•        State Directorate will be strengthened to enable it to regulate   mining in a proper way and to check illegal mining

•        There will be arms length distance between State agencies that mine  and those that regulate

•        Productivity and economics of mining operation, safety and health of workers and others will be encouraged.

Tourism: Project Opportunities in Uttarakhand

PROFILE:

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. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Uttarakhand - the land of gods, the home of Himalayas and truly a paradise on earth, allures everyone from everywhere. Uttarakhand is paradise for different types of adventure activities. Like River Rafting, Trekking, Skiing, Camping, Rock Climbing, Rappelling, River Crossing. Mountaineering, Paragliding and Hot Ballooning make Uttarakhand one of the most attractive destinations for adventure sports not only in the India but the world. Gangotri and Yamunotri, the sources of both the Ganges and Yamuna fall in the upper reaches of the state and together with Badrinath (dedicated to Vishnu) and Kedarnath (dedicated to Shiva) form the Char Dham, one of Hinduism's most spiritual and auspicious pilgrimage circuits. Haridwar, meaning "Gateway to God" is a prime Hindu destination. Haridwar hosts the Kumbha Mela every twelve years, in which millions of pilgrims take part from all parts of the India and the world. Rishikesh near Haridwar is known as the preeminent yoga centre of India. The state has an abundance of temples and shrines, many dedicated to local deities or manifestations of Shiva and Durga, references to many of which can be found in Hindu scriptures and legends.

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the Policy attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and feel India from within.

 

Waste management and recycling: Project Opportunities in Uttarakhand

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

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:

Investments are aimed at improving public health and the environmental quality in the Program towns and the adjacent open land and water bodies by increasing solid waste collection coverage from 50% to 72% and supporting sound solid waste disposal methods. Improvements will be directed at (i) segregation of solid waste at household level and handling and management improvements at wards and town levels with an emphasis on waste minimization, (ii) provision of solid waste collection and transportation equipment, and (iii) construction of sanitary landfills in accordance with GoI’s Municipal Solid Waste Management and Handling Rules 2000. These will develop into a State wide SWM strategy, action plan, and town wise SWM master plan reports supported by capacity building of ULBs in SWM.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management- Changing our ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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Manufacturing Business of Solar Panel (Polycrystalline and Monocrystalline) | Become a Renewable Energy Entrepreneur

Photovoltaic (PV) cells are used in solar panels to generate power. These cells generate direct current (DC), which is normally converted to alternating current by an inverter (AC). Solar panels (also called photovoltaic modules) are used to convert sunlight into electricity. The two types of cells that make up a typical solar panel are: monocrystalline and polycrystalline. Polycrystalline Cells Monocrystalline cells are solid blocks of silicon that are cut from a single crystal of silicon. Visit this Page for More Information: Start a Business in Renewable Energy Industry Polycrystalline Cells Monocrystalline cells are solid blocks of silicon that are cut from a single crystal of silicon. Polycrystalline Cells When making polycrystalline cells, silicon crystals are melted and poured into molds in order to create wafers (thin sheets). These wafers are then sliced up into individual cells and linked together. Business Plan: Solar Panel (both type of the PV Cells: Polycrystalline and Monocrystalline) Uses Solar energy has many uses. Photovoltaic panels are typically used to convert sunlight into electricity and are most commonly used in large-scale installations for power generation. The Energy (Including both type of the PV Cells: Polycrystalline and Monocrystalline). Solar power has a number of uses that range from powering up your cell phone to lighting your house. The two most common uses for solar panels are to generate electricity and heat water. Solar energy can also be used in other applications like pumping water, charging batteries etc. Read Similar Articles: Renewable Energy Manufacturing Process: Routinely Polycrystalline panels are produced by casting molten silicon into square ingots and slicing them into wafers. After refining to produce highly pure silicon at 99.9999% purity, a wafer of only 20 ?m thickness is made by a band saw from each square ingot and then its cut into smaller sized PV cells. These processes are considered routine manufacturing process in semiconductor industry. Read our Books Here: Environmentally Friendly, Eco-Friendly Products, Natural Products, Biodegradable Plastics, Natural Dyes And Pigments, Jute Products, Natural Fibers Monocrystalline Silicon Panels: The first-generation crystalline silicon panels were made with single-crystal (monocrystalline) silicon cells that were grown using an expensive gas/liquid handling method called plasma-enhanced chemical vapor deposition (PECVD). A large cylindrical boule of high purity monocrystalline silicon was grown directly in high temperature furnaces and sliced into wafers for use in PV modules. Related Feasibility Study Reports: Renewable Energy Sector, Green Power, Solar Energy, Biofuel, Hydroelectric, Wind, Geothermal, Biomass, Non-conventional Energy, New and Renewable Energy Projects Market Outlook: Between 2021 and 2028, the global solar power market is predicted to increase at a CAGR of 6.9%, rising from $184.03 billion in 2021 to $293.18 billion in 2028. As a result of the constant shift toward renewable energy, the worldwide solar panel industry is booming. Due to the increased adoption of solar power capacity, the EU, Asia-Pacific, Mexico, and Australia are also emerging as the most appealing markets. As electricity bills climb and solar panels become more affordable, this industry boom is projected to continue in the coming years. Watch other Informative Videos: Renewable Energy Sector, Green Power, Solar Energy, Biofuel, Hydroelectric, Wind, Non-conventional Energy, New and Renewable Energy Rising demand for solar panels in the residential rooftop solar industry, as well as reduced prices for polysilicon and silver used in solar cell manufacture, will help the market in the next years. Furthermore, since the cost of solar panels has decreased, governments in a number of countries have increased their efforts and provided subsidies, which is projected to aid the growth of the residential solar panel market. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Startup Consulting Services Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects
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How to Set up Activated Alumina (spherical Balls) Business

Activated alumina (also known as spherical balls or aluminosilicate beads or XAD-4) The solid structure of activated alumina particles provides maximum surface area for absorption to occur. This property, coupled with its low density and high porosity, gives it excellent capacities for liquid/gas separations such as drying solvents, water treatment, and air purification. Visit this Page for More Information: Start a Business in Aluminium Downstream Sector Because it does not form any chemical bonds with most compounds, including acids and bases, activated alumina does not react with either material as it passes through. In air pollution control systems, active carbon may have to be mixed with other substances such as zeolites in order to improve its capacity for certain pollutants. Read Similar Articles: Chemical Industry Uses Activated Alumina Balls are made of highly porous aluminium oxide with a large surface area. Instrumental Air Drying uses Activated Alumina Balls for Heat Less Air Dryers, Heat Reactivated Dryers, Heat of Compression Air Dryers, and Reciprocated Air Dryers. All brands of air dryers benefit from the use of activated alumina balls. Spherical Balls is used as an adsorbent in liquids and gases. There are high pressures on one side and low pressures on the other due to pressure differentials that have developed in system valves or pump seals, activated alumina filters may be preferred to conventional filters. Watch Video: Production of Activated Alumina Spherical Balls. Profitable Business Opportunity Manufacturing process Manufacturing activated alumina spherical balls can be done in a variety of ways. Freeze drying and super filtration are the two most common procedures for generating spherical alumina products. In a nutshell, both techniques result in an ultra-fine, porous powder substance. Related Project: A Complete Business Plan for Activated Alumina (spherical Balls) Manufacturing There are a few key distinctions that make one procedure better than the other based on your individual needs. As a result, before choosing a process for producing spherical alumina, it's critical to think about which method will best fulfil your needs. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Market Outlook: The activated alumina market size was 146.2 million in 2020 and will grow at a CAGR of 8.2% from 2021 to 2027. The proliferating oil & gas production coupled with increasing oil & gas exploration activities across the globe will augment the product demand. The market is majorly driven by factors, such as rising demand for clean water, shrinking water reserves, and implementation of new water treatment facilities. Activated alumina is formed by dihydroxylation of aluminum hydroxide to produce highly porous material. It is used in various applications including catalyst, desiccant, fluoride adsorbent, bioceramics, and others Increasing population coupled with rapid economic growth is expected to boost the market growth in Asia Pacific. Related Feasibility Study Reports: Chemicals,Chemicals Organic, Chemicals Inorganic, Zeolite, Sulphate, Wax, Activated Carbon, Polishing, Compounds, Acids, Starch, Nitrate, Phosphate, Formaldehyde, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture and Vermi Compost Projects Government initiatives, such as the launch of various projects for the regular supply and treatment of water, are likely to propel the product demand over the forecast period. Product usage in the purification of lithium is gaining popularity. Lithium finds use in ceramics, glass, batteries, lubricating greases, and air treatment applications For More Details: https://bit.ly/3s36wtW See More Links: Start a Business in Asia Related Market Research Reports Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects #Activatedalumina #activatedaluminamanufacturers #activatedaluminaballmanufacturer #sphericalballs #chemicalpacking #Activatedaluminasphericalballs #Activatedalumina #sphericalballsBusinessplan #ProjectReport #BusinessOpportunity #BusinessPlan #NPCS #EntrepreneurIndia
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Start Production of Technical Grade Camphor Powder. A Lucrative Business Plan for Startup

Introduction There are three different grades of camphor: techical, food-grade and super-refined. Both technical and food-grade camphor consist of distilled solid alcohol with concentrated natural camphor oils added to them, but they are produced using different methods. Techincal grade camphor is boiled down to remove all extraneous matter such as water and leaves. Business Plan: Camphor Powder (Technical Grade) Making Business The final product will contain no chemicals at all since everything was removed during distillation. Technically-distilled camphor contains 100 percent pure camphor oil with all water, sediment and impurities having been removed during distillation process which makes technical grade camphor dangerous for human consumption. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses of Camphor Powder 1. Camphor Powder is used as a topical analgesic, antibacterial, antispasmodic, antipruritic, antiinflammatory, anti-infective, rubefacient, contraceptive, moderate expectorant, nasal decongestant, cough suppressant, and a variety of other pharmacological uses. 2. Camphor Powder's Health Benefits Camphor has long been used for a variety of health advantages, and its therapeutic properties were previously referred to as magical. 3. It functions as an expectorant, making it easier to breathe; 4. It soothes pain when applied to painful muscles; 5. It acts as an antiseptic, preventing bacteria from spreading; 6. Inhaling it can relieve symptoms of common colds and coughs. Read Similar Articles: Chemical Industry Manufacturing Process: The manufacturing process of technical grade camphor powder includes steam distillation of wood of Cinnamomum camphora. The wood residue obtained as a result of steam distillation is taken to be boiled in ethanol to get rid of unreacted cinnamaldehyde and water, so that it should become dark brown solid. Related Feasibility Study Reports: Chemicals (Organic, Inorganic, Industrial) Projects It should be granulated with 75% ethanol to obtain a free flowing powder. Then it will be dried at 50°C till constant weight loss is observed. In case if any wet residues are noticed after drying then calcination will be done at 200-250 °C under vacuum to remove all traces of moisture. Finally, it should be sieved using screen mesh 12-14s (80-120mesh) before packaging. Read our Books Here: Chemical Technology (Organic, Inorganic, and Industrial), Fine Chemicals Market Outlook: The global camphor market is predicted to grow at a CAGR of 7.9% during the next five years. In the coming years, the increased demand for camphor in the manufacture of medicine for various ailments is expected to move the camphor market forward. Because of its good chemical qualities, it has a wide range of uses in various end user sectors, including medications, food, agriculture, and chemicals, among others. It's also used to manufacture cough and chest congestion vapour ointments. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Because of the rising demand for camphor in ointments, the market is likely to grow. In the regional market, Asia Pacific has the largest percentage of market share and is likely to maintain its dominance over the projection period. Factors such as increased demand for camphor as a treatment for a number of ailments are projected to affect market growth. In India, there are various sacred sites. In Hinduism, camphor is frequently used during god worship. The camphor market is predicted to develop in the next years as a result of this aspect. Key Players: • Camphor & Allied Products Ltd. • Kanchi Karpooram Ltd. • Mangalam Organics Ltd. • Oriental Aromatics Ltd. • Oriental Aromatics Ltd. • Saptagir Camphor Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Startup Consulting Services Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
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Want to Start a Business in Chemical Industry? Invest in Production of Sodium Hydrosulphite.

The chemical substance sodium hydrosulfite, commonly known as sodium dithionite or sodium hydrosulfide, has the formula NaHSO2. The compound is the sodium salt of hydrosulfuric acid, consisting of sodium ions bound to two sulphur dioxide molecules. It's utilised in chemical operations as an oxygen scavenger, as well as in the filtration of drinking water and wastewater. Visit this Page for More Information: Start a Business in Chemical Industry Projects Uses of Sodium Hydrosulphite The use of sodium hydrosulfite is also widely used for food additive such as beer, salt, egg powder and so on; for anhydrous sodium sulfate manufacture of leather ingredients; in water treatment agent. Also it is used to produce sulfuric acid preparation and other chemicals industry. The appearance of gray or white crystal irregular cube or block, soluble in water but slightly soluble in ethanol, methanol. Read Similar Articles: Chemical Industry Manufacturing Process: Sodium hydrosulphite is produced in a two-step process from caustic soda and sodium sulphide. The first step is to produce hypo-sulphuric acid which is a solution of 35% w/w Sulphuric acid and 65% w/w water containing all of its oxygen bonded to hydrogen ions. Hydrogen gas is passed through it at 30-40°C whilst pass through another stream of chlorine into a pool at 22°C. Related Feasibility Study Reports: Chemicals,Chemicals Organic, Chemicals Inorganic, Zeolite, Sulphate, Wax, Activated Carbon, Polishing, Compounds, Acids, Starch, Nitrate, Phosphate, Formaldehyde, Biotechnology, Enzymes, Bio Fertilizer, Vermiculture and Vermi Compost Chlorine reacts with gaseous hydrogen to form hypochlorous acid HClO with some being used up in reaction whilst excess chlorine is vented off; concentrated sulfuric acid dissolves reacting forming Na2SO4, HCl and H2SO4. The production of hypo-sulphuric acid results in SO3 entering as a side product which becomes concentrated as it moves down the column away from vapour. Related Project: Production of Sodium Hydrosulphite Market Outlook: Sodium Hydrosulfite Market Size will likely grow by a CAGR of about 4% up to 2024. The rising paper products demand in Asia Pacific will drive the global sodium hydrosulfite market growth till 2024 owing to its extensive application as a reductive bleaching agent for pulp in the paper manufacturing process. Increasing consumer confidence, disposable income, and shoppers’ eagerness to keep up with the latest fashion trends are just a few of the major factors driving the textile market’s growth. Watch other Informative Videos: Chemicals (Organic, Inorganic, Industrial) Sodium Hydrosulfite Market in India provides top-level overview of Sodium Hydrosulfite industry in India. It covers Sodium Hydrosulfite market size and expected growth rate during forecast period, 2021-2024. In addition to above fundamentals, it contains revenue estimates for 3 years of all leading players in market, taking into account sales and revenue growth. The study also highlights key drivers, restraints, opportunities and challenges that affect India Sodium Hydrosulfite market. Read our Books Here: Chemical Technology (Organic, Inorganic, Industrial), Fine Chemicals Key Players: • Demosha Chemicals Pvt. Ltd. • Gulshan Chemicals Pvt. Ltd. • Kanoria Chemicals & Inds. Ltd. • Orchid Pharma Ltd. • Shankar Lal Rampal Dye-Chem Ltd. • T C P Ltd. See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Startup Consulting Services Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
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Detailed Project Report on Bromelain Enzyme from Pineapple Stems

Pineapple extract contains proteolytic enzymes derived from the pineapple plant's flesh, also known as bromelain enzyme from pineapple stems. According to study, these enzymes have been discovered to have anti-inflammatory properties and to be advantageous to the digestive system, among other things. However, more research is needed to confirm these findings and determine how bromelain can be used to treat diseases or improve overall health. Bromelain is a protein-digesting enzyme found in pineapple stems and a wide range of other foods. It can be used as a supplement to help with sports injuries such as sprains and muscle tears. By lowering swelling and inflammation, it can help with rheumatoid arthritis and other inflammatory illnesses. It can also be used to aid digestion and alleviate indigestion or stomach discomfort. Chemically, it has been known since 1876, and Marcano was the first to identify it in 1891. Bromelain has been studied and isolated by scientists since 1894. In 1957, it was first utilised as a dietary supplement. Sulfhydryl proteolytic enzymes make up the majority of bromelain. Bromelain is widely used in the food and pharmaceutical industries, making it one of the best proteases of vegetable origin. Companies wishing to use it in Brazil, however, must import bromelain. Bromelain is a proteolytic enzyme that is used to treat inflammatory, blood-clotting-related, and malignant diseases of the oral cavity. Antiedematous, anti-inflammatory, antithrombotic, and fibrinolytic activity in vitro and in vivo are all therapeutic features of these enzymes. 1. When bromelain is introduced to dough during baking, it softens it by hydrolyzing gluten. It also increases the taste and quality of biscuits and bread. 2. Bromelain is used in the dairy industry to avoid casein condensation during the cheese-making process. 3. Bromelain is utilised in the meat sector to tenderise meat. 4. Bromelain is used in cosmetics due to its skin-lightening and regeneration characteristics. 5. Bromelain is also used in the pharmaceutical industry. This enzyme is used in many industries because of its proteolytic activity, which includes the ability to facilitate protein digestion and thus be used in digestive treatments, as well as the ability to soften meat. Pharmaceutical manufacturing, digestive system effects, and the substitution of pepsin and trypsin in the treatment of pancreatic insufficiency are all factors that contribute to its economic relevance. While the bromelain enzyme has a variety of health benefits, one of the most common uses is to treat sinus infections. Bromelain is an anti-inflammatory that helps you breathe easier by reducing swelling and pain in your nose. Bromelain also has antibacterial properties that aid in the battle against infection-causing germs in the sinuses. It can be combined with other sinus treatments like over-the-counter or antibiotic medications. Bromelain is predicted to reach a market value of $1154.4 million by 2027, according to Market Research Future (MRFR), with a CAGR of 4.39 percent. The bromelain market is expected to rise as more people become aware of its benefits and its widespread use in the treatment of cardiovascular problems. However, due to concerns over excessive Bromelain dosage and poor health effects, the market would encounter barriers and limitations over the forecast period. Bromelain market expansion will be aided by a better understanding of the health benefits of bromelain. Increasing awareness of Bromelain's health advantages is predicted to be a major driver driving Bromelain's market share throughout the forecast period. Bromelain can be used to treat a variety of conditions, including cardiovascular disease, excessive blood pressure, and others. In the pharmaceutical business, bromelain is used to treat puffiness, sinus difficulties, cardiovascular health, allergies, digestion issues, and a variety of other disorders. Bromelain is also employed in the cosmetics and personal care industry, as well as nutritional supplement makers, dairy processing facilities, the paper and leather processing industries, and confectioneries. The rise of the industry is tied to the pharmaceutical industry's increasing usage of Bromelain to prevent arthritis and other joint issues. Key Players: • Advanced Enzyme Technologies Ltd. • Anil Bioplus Ltd. • Anthem Cellutions (India) Pvt. Ltd. • Maps Enzymes Ltd. • Scorpio Biosolutions Pvt. Ltd.
Plant capacity: 8 MT Per DayPlant & machinery: 170 Lakhs
Working capital: -T.C.I: Cost of Project: 656 Lakhs
Return: 28.00%Break even: 63.00%
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Peanut Butter Manufacturing Business Plan

Peanut butter, also known as ground-nut butter or pindjur, is a culinary paste or spread made from ground dry roasted peanuts. To change the taste or texture, salt and sweeteners (honey, sugar) are regularly employed, as well as stabilisers (xanthan gum, lecithin). Peanut butter is popular in a wide range of countries and cultures. It can be used as a substitute for other nut butters like almond or cashew butter on breads, muffins, bagels, toast, and even sandwiches. Peanut butter is a spread or culinary ingredient made from ground dry roasted peanuts. Chemicals that modify the taste and texture, such as salt, sweeteners, and emulsifiers, are frequently added to make it more palatable; these components are usually listed on the label. Peanut butter, often known as groundnut butter or just PB, is a culinary paste or spread made from pulverised dry roasted peanuts. It usually has a lot of extra oil and salt in it. Peanut butter is commonly used in sweets and other dishes such as pancakes and spaghetti sauce, and it can be spread on toast or bread. It can also be used to make crackers and cookies, as well as being blended into smoothies and used as a sandwich filling. Peanut butter is a spread or paste produced from pulverised dry roasted peanuts and, on rare occasions, additional nuts such as hazelnuts or almonds. It is widely eaten as a snack with toast or crackers, as an appetiser with celery sticks, or as a component in many American recipes, including desserts and other dishes, where it often adds extra sweeteners and flavourings, especially sugar in the US, Canada, the UK, and Australia. Peanut butter is traditionally used as a sandwich spread, but its high lipid and protein content has made it a major component of ready-to-use therapeutic diets for treating malnutrition in children and AIDS patients, particularly in developing nations. Peanut butter, a smooth paste produced from ground roasted peanuts, has long been a staple in many households' kitchens. The paste is cooked with vegetables, pearled sorghum, and maize to make a variety of dishes, including side dishes. Peanut butter is used in sandwiches, the confectionery sector, and the bread industry, and 94 percent of consumers use it as a spread. • 74% of individuals use it in a sandwich on its own. • It's used by 71% of people in between meals. • 40 percent of the mixture is utilised in jelly meat sandwiches. • 32 percent of the total is made up of candies. • It is used as a flavouring in meals 25% of the time. Peanut butter is a high-protein, low-calorie, and nutrient-dense food. It's a healthier alternative to dairy butter and can be used as a bread spread. Peanut butter has a bigger market share in Western countries than it does in Asian countries like India, where it is still a relatively new product. Peanut butter is used as a spread and a milk butter alternative in a variety of recipes. When compared to other spreads, peanut butter has a low calorie and high protein content. Peanut butter consumption has several benefits, including the capacity to aid weight loss and provide adequate nutrition. Peanut butter powder is also available and can be used in morning meals, savoury sauces, and smoothies. In 2011-12, the Indian butter market was approximately INR 420 crore in terms of value. By the end of the projection period, cheese spread is expected to have reached a market value of 5473 metric tonnes. The peanut butter market is expected to grow at a rate of more than 10% from 2017-2018 to 2022-23. The India Peanut Butter market will be worth 3.3 billion dollars in 2023, with a CAGR of 13% between 2018 and 2023. The global peanut butter market is expected to grow substantially over the estimated period, owing to rising consumer demand for low-calorie nutritional foods. North America is estimated to contribute the biggest market share of all regions over the forecast period, followed by Europe. The United States is projected to contribute the greatest market share due to the high disposable income of North American consumers. Due to growing consumer disposable income in these countries, the peanut butter market in emerging economies such as Asia Pacific is predicted to grow at the quickest rate. From 2016 to 2024, the global peanut butter market is estimated to grow at a CAGR of 10.0 percent, reaching USD 6.73 billion. Key Player: • Dr. Oetker India Pvt. Ltd. • Innovative Foods Ltd. • Sampre Nutritions Ltd. • Sundrop Foods India Pvt. Ltd. • Veeba Food Services Pvt. Ltd.
Plant capacity: 10 Ton per dayPlant & machinery: 128 Lakhs
Working capital: -T.C.I: Cost of Project: 1038 Lakhs
Return: 30.00%Break even: 45.00%
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Production of White Fused Alumina

White fused alumina is an extremely pure type of aluminium oxide that may be utilised with both stainless steel and aluminium. Fusing high purity calcined alumina in electric arc furnaces produces white fused alumina (WFA). White Fused Aluminum Oxide is a fused aluminium oxide with a high purity. It's white because it has fewer impurities than brown or pink mixed aluminium oxide. Brown fused aluminium oxide has a higher friability than white fused aluminium oxide. Aluminum oxide is a wear-resistant, high-strength material that can withstand harsh chemical attacks (acid and alkali) at high temperatures. It has a toughness of 9 on the Mohs scale. White Fused Aluminum Oxide is a desirable material for a variety of applications due to its high refractoriness, excellent electrical insulating properties, dielectric capabilities, and high melting point. White Fused Alumina is made by combining different types of exceptionally pure calcined alumina in electric arc furnaces (WFA). WFA is a hard, friable raw material with a large crystal size, excellent purity, chemical stability, and a high melting point. It's ideal for refractory applications that require high purity, chemical stability, or refractoriness. • Polishing cloths and abrasive tape materials • Precision grinding wheels and high-class polishing grinding wheels (bearing steel, etc.) • Lapping materials made of metal, glass, crystal, semiconductor crystal, and other materials • Electrical insulating materials, high-quality refractory materials, and other goods The global White Fused Alumina market is predicted to increase at a CAGR of 2.2 percent between 2021 and 2026, from 447.8 million USD in 2020 to 522.4 million USD by 2026. The data is based on current as well as historical tendencies. This section also includes a research of worldwide production volume as well as production volume by kind from 2015 to 2026. The amount of output by region is discussed in this section from 2015 to 2026. Alumina is utilised in abrasives, ceramics, refractories, metallurgy, and a variety of other industries. During the projection period, ceramics is expected to increase at the fastest rate. Calcined alumina is utilised in the creation of complex ceramics. Because of its ease of combining with other formulations, strong electrical conductivity, ability to adjust particle size and distribution, low dielectric constant, high mechanical strength, and great corrosion resistance, calcined alumina is preferred as a substrate for ceramics manufacture. A range of physical and chemical approaches can be used to work with alumina components. The market classifications for fused, reactive, calcined, tabular, and metallurgical alumina are determined by the types of alumina. Metallurgical alumina was the most popular form of alumina on the market in 2018. The explanation given was increased demand for aluminium from a variety of end-use industries, including packaging, construction, transportation, and consumer durables. Furthermore, improvements in global macroeconomic growth rates, as well as favourable development forecasts for these industries, are expected to boost aluminium demand in the coming years. Key Players: • Almatis Alumina Pvt. Ltd. • Carborundum Universal Ltd. • Orient Abrasives Ltd.
Plant capacity: White Fused Alumina (Al203 -99.73% and Na20 -0.3%): 80 MT Per DayPlant & machinery: 977 Lakhs
Working capital: -T.C.I: Cost of Project: 2532 Lakhs
Return: 27.00%Break even: 52.00%
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Steel Shots & Grits Steel Abrasives) Manufacturing Business

Steel shots are spherical grains created by atomizing (granulating) molten steel in a variety of diameters and hardnesses. Steel shots are made from scrap steel. Steel scrap is melted in a furnace and then atomized into shot using a water jet. Steel shots, because to their delicate production process, produce the least amount of dust. Steel shots are used to clean heavy metal parts like engine turbine blades, crankshafts, and heavy-duty springs. Particles with a majority of round edges, a length less than twice the maximum particle width, and no sharp edges, shattered faces, or other surface imperfections. Steel shots are available in a variety of sizes, from S110 to S330, and come in a variety of shapes. In contrast to grits, the larger the shot number, the larger the steel shot, hence a size S330 shot will be larger than a size S110 shot. The larger shot is used to peen heavier steel and remove thicker coatings. Crushing hardened shot, sifting the resulting material, and tempering it to the proper hardness produces steel grits. When cleaning speed is necessary and a poor finish is acceptable, it's employed in contingency and rust removal scenarios. Particles with a primarily angular shape, fractured faces, and sharp edges, as well as a shape less than half circular. It makes wiping off the surfaces a breeze. They are used in a wide range of applications (ship building, pipe building, steel construction, granite cutting, tank manufacturing etc.). Steel grit's increased hardness, combined with its flawless microstructure, ensures maximum durability and impact energy transmission. Steel grit is best used in high-stress, severe environments. In a short amount of time, it eliminates a wide spectrum of surface impurities from steels and other foundry metals. The most often used grit grits range from G25 to G80, and they extend the life of conventional abrasive materials by about 1,000 to 1, cutting raw material expenses. As the number of grits grows, the size of the actual blast media particle shrinks. High carbon steel shot is required for desanding, descaling, cleaning, shot peening, and other applications. Because of the centrifugal atomization technique and twofold heat treatment used at the Airblast plants, as well as ongoing quality control methods, the shot is of the highest quality. Shot peening is a cold working technique that includes blasting a spring's surface with small spherical media called steel shot. Each piece of shot that lands on the surface leaves a dimple or depression in the surface. Overlapping dimples generate a uniform layer of metal under residual compressive stress. Fatigue cracks will not form or propagate in a compressively stressed zone. When the surface develops a residual compressive stress, the applied load's tensile stress must first overcome the residual compressive stress before the resultant surface stress can become tensile. Steel shot and grit are used primarily in surface preparation to remove mill scale, dirt, and rust from metal surfaces, as well as to physically modify the metal surface, such as creating roughness for better paint and coating application, such as powder coating, enamelling, painting, metallization, rubber bonding, and so on. In shot blasters, steel shots are regularly employed. In accordance with India's forecasted healthy economic growth, the INR 25 billion organised steel abrasives sector is expected to grow at a CAGR of 13% over five years to INR 40 billion. Steel abrasives have always grown in lockstep with India's GDP growth. This shows how dependent the industry is on India's economic performance. India's remarkable GDP growth rate of above 7% is thus a major boon to the country. The steel abrasives market is expected to grow at a healthy rate in the coming years. Rapid industrialization and increased car production are the two main themes driving market expansion. To alleviate environmental concerns, leading vehicle manufacturers are designing low-weight products that emit less carbon dioxide, are cost-effective, and provide exceptional performance. Steel abrasives are expected to profit from an increase in demand in end-use sectors for manufactured industrial items with high precision finishes. Furthermore, high expansion in the global construction sector is expected to propel the steel abrasives market. Asia Pacific is expected to be the largest market for steel abrasives in the next five years, owing to a significant increase in industrial applications in the past five years. India, China, Russia, Brazil, and South America are just a few of the major economies with significant market expansion potential. Over the forecast period, the market for steel abrasives is expected to rise at a CAGR of 6.2 percent (2019-2026). The global steel abrasives market is expected to develop at a CAGR of 6.5 percent from 2017 to 2023, rising from $34,615 million in 2016 to $53,634 million in 2023. Abrasives are utilised in the automotive, electronics, construction, and industrial industries to produce a good polished surface finish. Key Players: • 3M India Ltd. • Grindwell Norton Ltd. • Hi-Tech Recycling (India) Pvt. Ltd. • Nippon Steel & Sumitomo Metal India Pvt. Ltd. • Orient Steel & Inds. Ltd. • Rotocast Industries Ltd.
Plant capacity: 40 MT per dayPlant & machinery: 722 Lakhs
Working capital: -T.C.I: Cost of Project: 1884 Lakhs
Return: 28.00%Break even: 66.00%
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Start Production of Silica from Rice Husk Ash

Rice husk ash silica is a feasible alternative to traditional sand in the concrete industry, especially in places where sand is scarce. Silicon dioxide is produced by extracting silica from rice husk ash using high-temperature calcination and carbonization techniques, and it can be added to concrete mixes to improve properties like as strength, density, air entrainment, and freeze-thaw resistance. The husk left behind from milling is commonly utilised as a fuel in paddy processing boilers, generating energy through direct combustion and/or gasification. By inflicting harm to the ground and surrounding region where it is discharged, this RHA poses a substantial environmental danger. Many solutions are being examined for disposing of them through commercial use of this RHA. India produces 12 million tonnes of rice husks each year. The annual output of husk is expected to be 80 million tonnes. Rice husk is a waste product of the rice milling process that is often left to rot in the field or burned in the open. Rice husk has been used as a fuel for cooking and parboiling paddy rice in some poor countries. Different types of silica area given below:- Rice husk ash's high silica concentration has generated interest in finding economic uses for it. Although silica can be found as a component of cells or cell walls in almost every arial region of the rice plant, it is most abundant in the husk. Silica is one of the most valuable inorganic chemical compounds. Amorphous, crystalline, and gel forms are all possible. Precipitated Silica (also known as particulate silica) is a mixture of colloidal-size ultimate particles that haven't formed a significant gel network throughout the preparation process. There are three different forms of amorphous silica. With high-speed neutrons, silica was created, indicating either amorphous or crystalline silica. Vitreous silica or glass formed by fusing quartz includes micro amorphous silica. At high temperatures, gynogenic silicas are formed by condensation of SiO2 from the vapour phase, or at low temperatures, by chemical reaction in the vapour phase followed by condensation. In an aqueous solution, silica can be found as sols, gels, or particles. Concentrating an under saturated solution into a heated saturated solution, or creating Si(OH)4 of the silica ester SiH4, SiS2, SiCl4, or Si, yields amorphous silica. Precipitated Silica is a porous soluble silicate solution with highly regulated particle sizes. Precipitated silica powders have a more open structure with less volume than dried pulverised gels. As a filler for paper and rubber, as a carrier and diluent for agricultural chemicals, as an anti-caking agent, to control viscosity and thickness, and as a cleansing agent, silica is used in toothpastes and cosmetics. 1. Adhesive: Silica is utilised as a thickening and reinforcing ingredient, as well as to increase bond strength. The dispersed silica particles within a liquid adhesive harden quickly when it comes into contact with a solid surface. Natural and synthetic rubber-based adhesive. 2. Chappals: Silica is used in shoe soles because of its wear and tear resistance, non-scuffing qualities, and capacity to generate light-colored or even translucent compounds. 3. Conveyor Belt & Transmission Belt: Silica is used to improve tear strength because of its small particle size and complex aggregate structure. 4. PVC Sheets: Silica enhances pigment dispersion, works as a separating agent and absorbent to accelerate flow, and imparts a dry feel to the compound. 5. Railway Pads: Silica is used in railway pads for a variety of reasons, including: 6. Rubber Belts and Rubber Hoses: Silica improves the strength and durability of industrial rubber belts and rubber hoses, as well as their heat resistance and tear strength. 7. Silicon Tubes: Silicone rubber is used in a wide range of applications where its unique properties are beneficial. The type and amount of filler used in the compound has a big impact on a lot of these qualities. India's silica market was worth USD 46.8 million in 2019-20. In the coming years, it is predicted to increase at a CAGR of 6.5 percent. Strong product demand in the food industry has helped the market gain pace in recent years due to its anti-caking and super absorption capabilities. The rising use of silica in the rubber industry's manufacturing of micro sheets, rice rollers, thermoplastic rubber, PVC sheets, and shoe soles is likely to propel the market ahead. Increased use of the product in transmission and conveyor belts, notably for higher tear strength and elastomer compound reinforcement, is likely to drive market growth over the forecast period. Tyre demand is increasing in India, China, Indonesia, South Korea, Japan, Malaysia, Taiwan, Mexico, the United States, and Germany, owing to increased car manufacture. Rapid economic growth, increased government spending, improved road infrastructure, and a growing preference for personal transportation are all expected to boost demand for automobiles, propelling the market forward. In 2018, the global silica market was worth USD 5.22 billion, and it is predicted to increase at an annual pace of 8.6% over the next five years. The breadth of the market includes precipitated, fumed, gels and sols, as well as microsilica (fumes). The increased demand for the product from the rubber industry is the primary driver of the market. Silica in rubber improves abrasion resistance, tensile strength, and flex fatigue properties. It is commonly used in tyre applications because of its ability to increase the binding and tear resistance between rubber tyres and iron reinforcements.
Plant capacity: Silica: 5.80 MT Per Day | Activated Carbon (by product): 0.64 MT Per Day | Sodium Carbonate (by product): 0.96 MT Per DayPlant & machinery: 745 Lakhs
Working capital: -T.C.I: Cost of Project: 1121 Lakhs
Return: 27.00%Break even: 45.00%
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A Complete Business Plan for Lithium Ion Battery (Battery Assembly)

In portable devices such as cell phones, tablets, laptops, and even electric cars, lithium ion batteries are the most extensively utilised power source. They're employed in these devices because they're light and have a high energy density, meaning they pack a lot of power into a tiny space. However, the process of making lithium ion batteries is complicated, and it might be difficult to ensure that each component is properly installed so that the batteries function properly later. For a variety of reasons, lithium ion batteries have grown extremely popular in recent years. They have a high discharge rate and may be used in a variety of applications, but they're especially popular because they don't contain heavy metals like mercury or cadmium, which were formerly used in battery technology. As a result, they are far more easily recycled than previous batteries. These batteries can also be recharged, allowing users to reuse them instead of throwing them away. Lithium-ion batteries are more expensive up front than other types of rechargeable cells, but they save money in the long run since they can be recharged multiple times before needing to be replaced. In fact, they have a longer life expectancy than other battery kinds. Lithium-ion batteries can be used as primary power sources for electronics and tools, as well as emergency backup power supplies, and even integrated into home solar or wind turbines. (1) Lithium-ion batteries are used in cameras and calculators. (2) They're found in cardiac pacemakers and other medical implants. (3) They're used in telecommunications, instrumentation, portable radios and televisions, and pagers. (4) Laptop computers, cell phones, and aerospace applications all use them. Advantages • More Compact Design: Li-ion batteries are smaller and lighter than traditional rechargeable batteries when compared to their capacity, and are thus used in portable consumer electronics devices where weight and form factor are important selling points. • High Energy Density: Li-ion batteries have a higher energy density than conventional rechargeable batteries. Lithium-ion batteries deliver a lot of power without being too bulky. • Lower Self-discharge and Longer Shelf Life: While compared to other rechargeable batteries, Li-ion batteries have a lower self-discharge rate of about 1.5 percent per month, allowing for a longer shelf life when not in use due to the slower drain. • Lower Memory Effect: The process of rechargeable batteries losing their maximum energy capacity due to frequent recharges after only being partially discharged is referred to as memory effect. • Fast Charging: Lithium-ion batteries charge faster than other rechargeable batteries including lead acid, nickel-metal hydride, and nickel-cadmium. • Longer Lifespan: Li-ion batteries have a longer life span than conventional batteries. Certain lithium ion batteries lose 30% of their capacity after 1000 cycles, but sophisticated lithium ion batteries retain their capacity even after 5000 cycles. • Low Maintenance: Lithium-ion batteries do not need to be maintained in order to function properly. • High Open-Circuit Voltage: Due to their chemistry, Li-ion batteries have a higher open-circuit voltage than other batteries such as lead acid, nickel-metal hydride, and nickel-cadmium. The India lithium-ion battery market is estimated to develop at a robust CAGR of 29.26 percent over the forecast period of 2018-2023. The Indian automobile sector is one of the country's most vital, contributing for around 7% of the country's GDP. In April-March 2017, the industry produced 25.31 million vehicles, including commercial, passenger, two- and three-wheeled vehicles, and commercial quadricycles, compared to 24.01 million in the same period last year. The Indian automobile sector is one of the country's most vital, contributing for around 7% of the country's GDP. In April-March 2017, the industry produced 25.31 million vehicles, including commercial, passenger, two- and three-wheeled vehicles, and commercial quadricycles, compared to 24.01 million in the same period last year. The Indian government is focusing on energy diversification and striving to achieve its lofty goal of 175 GW of renewable capacity by 2022. India's total solar PV capacity has topped 10 GW, an almost fourfold growth since May 2014 levels, with another 14 GW pipeline project knocking on the door and another 6 GW to be auctioned soon. Similarly, India's wind power capacity is expected to double to 185 GW by 2025, representing an eight-fold increase over 2015 and accounting for nearly 14% of the country's renewable energy demand. Large-scale renewable energy deployment in the country faces significant ramping and intermittency difficulties, which can be overcome by widespread use of lithium-ion batteries as energy storage devices.
Plant capacity: 150 Nos per dayPlant & machinery: 155 Lakhs
Working capital: -T.C.I: Cost of Project: 708 Lakhs
Return: 27.00%Break even: 63.00%
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