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

Mineral: Project Opportunities in West Bengal

PROFILE:

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 one of the world's most naturally endowed lands. India is home to numerous minerals which benefit the country economically. The minerals produced in India constitute one-quarter of the world's most popular mineral resources.

RESOURCES:

West Bengal stands third in the country in terms of mineral production. The state contributes about one-fifth to the total production of minerals in the country. Coal constitutes 99% of the minerals extracted in West Bengal; fireclay, china clay, limestone, copper, iron, wolfram, manganese and dolomite are mined in small quantities. There are good possibilities of obtaining mineral oil and natural gas in the areas near the Bay of Bengal.

West Bengal is the third largest state for coal production, accounting for about half of India's total. Lignite mined in Darjeeling is used to make briquettes. West Bengal ranks next to Bihar and Madhya Pradesh in production of fireclay. China clay used in the pottery, paper, textile, rubber and paint industries are unearthed at Mohammad Bazar in Birbhum and Mejia in Bankura. Limestone which is used in cement industry is mined in Bankura, Purulia, Darjeeling and Jalpaiguri. There are copper mines in Jalpaiguri and Darjeeling. Small quantities of low quality iron-ore are mined in Bardhaman, Purulia, Birbhum and Darjeeling. There are manganese in the Jhargram region of Paschim Medinipur, Purulia and Bardhaman. The state’s production of dolomite comes from the Dooars region of Jalpaiguri.

GOVERNMENT POLICIES:

Keeping pace with the liberalised Mineral Policy being adopted by the Government of India, Government of West Bengal has formulated its Mineral Policy in 2002. Among the basic objectives of the West Bengal Mineral Policy, 2002 following are worth mentioning:

1. To review the existing State monopolies over mineral exploration and wherever required, go in for selective de-reservation.

2. To invite private capital, resources and technology, both foreign and domestic, for better exploration and exploitation;

3. To promote necessary linkages for smooth and uninterrupted development of mineral based industries to meet the needs of the State.

4. To ensure proper vigilance and supervision of mining activities with particular emphasis on simplification of procedures and greater generation of revenues from mineral resources.

5. To develop industry friendly facilities in specific minerals like, Coal, Granite and China Clay and in Natural gas like Coal bed Methane.

 

Iron and Steel: Project Opportunities in West Bengal

PROFILE:

India has one of the richest reserves of all the raw materials required for the industry, namely land, capital, cheap labour, iron ore, power, coal etc. Yet India is 5th in the world ranking for production of steel. Iron and steel is basis for laying the vibrant Indian industry. Production of steel has come to exist as an index of a country's potential, industrial and economic growth. The making of iron and steel had been known to the people of India since long. The iron pillar of Delhi is a proof of it and speaks of the quality of steel produced in this country in ancient times. The steel industry is often considered to be an indicator of economic progress, because of the critical role played by steel in infrastructural and overall economic development. The per capita usage of steel gives an indication of the technological advancement of a nation.

RESOURCES:

The growth of steel industry in the State is largely related to the proximity of raw materials, skilled manpower, port facilities and the vast market for steel products. Given these location advantages, large numbers of mini integrated steel plants have already been set up in the state manufacturing a wide range of products such as sponge irons, mild steels, iron pipes etc. The neighbouring Eastern States of India viz. Jharkhand, Orissa and Chattisgarh are endowed with huge iron ore reserves along with cooking coal and non-cooking coal. The establishment of Bengal Iron Works at Kulti in Burdwan district of West Bengal in 1870 where the first commercial blast furnace was set up in 1875 heralded the commencement of this industry in the State.

The easy availability of power, competitive rates of freight, close proximity to areas with natural resources relevant to the industry, and labour force traditionality skilled in operating iron and steel units are factors that have influenced the surge in investment in this sector.

GOVERNMENT POLICIES:

Under the new industrial policy, iron and steel has been made one of the high priority industries. Price and distribution controls have been removed  as well as foreign direct investment up to 100% (under automatic route) has been permitted.  The Trade Policy has also been liberalized and import and export of iron and steel is freely allowed with no quantitative restrictions on import of iron and steel items. Tariffs on various items of iron and steel have drastically come down since 1991-92 levels and the government is committed to bring them down to the international levels.  With the abolishing of price regulation of iron and steel in 92, the steel prices are market determined. The policy devises a multi-pronged strategy to achieve these targets with following focus areas; removal of supply constraints especially availability  of critical inputs like iron ore; improve cost competitiveness by expanding and strengthening the infrastructure in roads, railways, ports and power; increase exports; meet the additional capital requirements by mobilizing financial resources; promote investments by removing  procedural delays. In addition the policy also addresses challenges arising out of environmental concerns, human resource requirements, R&D, volatile steel prices and the secondary sector. 

 

Leather: Project Opportunities in West Bengal

PROFILE:

Leather Industry occupies a place of prominence in the Indian economy in view of its massive potential for employment, growth and exports. There has been increasing emphasis on its planned development, aimed at optimum utilisation of available raw materials for maximising the returns, particularly from exports.  The Indian leather sector meets 10% of global finished leather requirement. The leather industry is spread in different segments, namely, tanning & finishing, footwear & footwear components, leather garments, leather goods including saddlery & harness, etc.

RESOURCES:

West Bengal has been functioning as a vast raw material resource base for the leather industry in the form of hides and skins. However, Indian leather export has undergone a transition from the export of raw hides and skins in the fifties to value added finished leather in the nineties. In the context, leather processing industries in West Bengal needed a strong structural support and proposal was mooted for setting up an eco-friendly complex near Calcutta with modern technical and training facilities. In this full scale integrated leather complex, facilities for leather-finishing, computer-aided design centres, modern training centre for up gradation are also being provided. This mega complex will also have manufacturing units to produce footwear uppers, finished foot wears, leather goods and garments to catering to the expanding domestic and export markets. The availability of a wide range of cost effective leather chemicals with consistent quality is crucial for the success of such a mega complex. Entrepreneurs can set up manufacturing units in the mega complex for both tanning chemicals and post-tanning chemical auxiliaries.

 

GOVERNMENT POLICIES:

Government policies in support of the industry are:

• The entire leather sector is now de-licensed and de-reserved, paving way for expansion on modern lines with state-of-the art machinery and equipment

• 100% Foreign Direct Investment and Joint Ventures permitted through the automatic route

• 100% repatriation of profit and dividends, if investments made in convertible foreign currency. Only declaration to this effect to the Reserve Bank is required.

• Promotion of industrial parks (one leather park in Andhra Pradesh, one leather goods park in West Bengal, one footwear park in Tamil Nadu and one footwear components park in Chennai).

• Funding support for modernizing manufacturing facilities 

• Funding support for establishing design studios

• Duty free import of raw materials (namely raw skins, hides, semifinished leather and finished leather) and of embellishments and components under specific scheme

• Concessional duty on import of specified machinery for use in leather sector

• Duty neutralization / remission scheme 

 

Petrochemicals: Project Opportunities in West Bengal

PROFILE:

The petrochemical industry in India has been one of the fastest growing industries in the country. Since the beginning, the Indian petrochemical industry has shown an enviable growth rate. This industry also contributes largely to the economy of the country and the growth and development of manufacturing industry as well. It provides the foundation for manufacturing industries like construction, packaging, pharmaceuticals, agriculture, textiles etc.    

RESOURCES:

The state of West Bengal accounts for almost 4% of India’s production of petroleum products and 13% of India’s polymer production. The production has almost doubled in the last decade. Crude throughput at Haldia refinery increased to 5,502 million tones and its capacity utilization increased to 91.7% during 2005-06.

The growth of the Petrochemical sector has been very impressive both in terms of units set up and investment volume. The main reason for the recent growth of this industry is due to upstream and downstream industry linkages by the oil refining and petrochemical units set up in the state. The industry is due to receive a further fillip with the announcement of US$ 1 billion gas pipeline project to bring natural gas in the state. Haldia Petrochemicals Ltd. is India’s second largest integrated petrochemical complex. Currently producing 1.5 million tons of polymers and chemicals and has grown significantly to its present turnover of US$ 1.4 billion.

GOVERNMENT POLICIES:

The major thrust areas of the policy are:

•        Encourage public sector companies & nationalized banks to enter the capital market to raise resources & offer new investment avenues.

•        Invite & encourage private sector investment in these industries in order to accelerate growth.

•        Set up Petroleum, Chemical & Petroleum Investment Regions (PCPIR) in the state to promote investment on a global scale.

•        Foreign Technology investments will be invited in the petrochemical industries.

•        Encourage Foreign Equity participation in the petrochemical industries.

 

Food Processing: Project Opportunities in West Bengal

PROFILE:

Indian food processing industry is widely recognized as a 'sunrise industry' having huge potential for uplifting agricultural economy, creation of large scale processed food manufacturing and food chain facilities, and the resultant generation of employment and export earnings. The food processing sector in India is geared to meet the international standards. Food Safety and Standards Authority of India has the mandate to develop standards and also to harmonise the same with International Standards consistent with food hygiene and food safety requirement and to the conditions of India's food industry.

RESOURCES:

West Bengal is one of the three front running states in India in food and agro processing sector. Fruits, vegetables and cereals grow in abundance in West Bengal. The state accounts for 30% of potatoes, 27% of pineapples, 12% of bananas and 16% of India’s rice production. Additionally fruits like mangoes, papaya, guava and jackfruit and vegetables like tomatoes, cauliflowers, cabbage, brinjal, pumpkin, are available in plenty.

West Bengal is the largest producer of rice, pineapple, vegetables and fruits in the country and second largest producer of potatoes and lychees. It ranks 1st in total meat production (including poultry) in the country and accounts for 10% of the country’s edible oil production. It is a substantial producer of spices, coconut, cashew nut, arecanut, betel vine and oilseeds. West Bengal is also one of the leading states in pisciculture since it the largest producer of fish.

GOVERNMENT POLICIES:

Agro & Food Processing Industries form a very important part of the State’s economy. The West Bengal Government is setting up a number of policies & plans to focus on the selected areas like vegetables, fruits, fisheries, rice, poultry, dairy & floriculture. The major thrust areas of the policy are:

•        Increase agricultural production & productivity vertically through wider adoption of appropriate eco-system-specific & cost effective technology.

•        Bring more area under High Yielding Variety (HYV), hybrid & improved varieties of crops.

•        Emphasize increase production of pulses & oil seeds in non-traditional areas & non-conventional seasons.

•        Create employment opportunities in this sector to improve the socio-economic status of the farmers & also to remove sub-regional disparity.

•        Extending soil-testing facilities up to district level for proper use of fertilizer.

•        Post-harvest technology for reducing loss & better marketability.

•        Bring cultivable waste land & fallow land under cultivation.

•        Application of low cost technology for increasing production & productivity.

•        More money involvement in agriculture.

•        Encourage private entrepreneurship for processing of fruits, vegetables & horticultural items.

•        Promote floriculture parks & flower complexes in the state.

•        Other Business Process, knowledge Process and Engineering Process Outsourcing services

The State Government is encouraging the farmers for mechanization through the use of modern agricultural implements & machines for timely farm operation & reduction in the cost of cultivation.

 

Textiles: Project Opportunities in West Bengal

PROFILES:

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 fibre and yarn production.

RESOURCES:

The textile industry of Kolkata plays a significant role in the economy of the capital city of the state of West Bengal. West Bengal has traditionally been a major producer of cotton textile as well in the country. Jute textile manufacturing is the most prominent industry in West Bengal due to availability of raw jute in the state. At present there are 59 Jute mills in West Bengal. Main jute products are Hessian, sacking, jute bags, and other items produced by jute. Most of the jute mills are located on the banks of river Hooghly near Kolkata. West Bengal is the leader and pioneer in the country for the manufacturing of Jute textiles. Hosiery industry in West Bengal has a huge grow potential as Bengal was the birthplace of hosiery industry in India.

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, 1995 Government 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.

 

Biotechnology: Project Opportunities in West Bengal

PROFILE

The Indian biotechnology sector is one of the fastest growing knowledge-based sectors in India and is expected to play a key role in shaping India's rapidly developing economy. With numerous comparative advantages in terms of research and development (R&D) facilities, knowledge, skills, and cost effectiveness, the biotechnology industry in India has immense potential to emerge as a global key player. Biopharma and bioservices sectors contributed 63 per cent and 33 per cent, respectively, to the total biotech exports. The bioagriculture, bioindustrials and bioinformatics sectors remained focussed on domestic operations, bringing in nearly 90 per cent of their revenues from India.

RESOURCES

West Bengal has a vast knowledge base with few of the premiers institutes of India located here.          Presence of Kharagpur IIT which over the years have done path breaking research in this sector is a major resource of biotechnology development. It has rich bio diversity, characterized by several species of medicinal & aromatic plants and diverse agro climatic zones. A matrix of 75 deliverable products is ready for commercialization in the agro and medical sector. Increase awareness among people about the adverse side effects of synthetic drags.

GOVERNMENT POLICIES:

The state has been putting efforts to facilitate the growth of biotech industries and development of clean biotech technologies. The various key initiatives under this section include:

•        Conserve bio-diversity through mapping and sustainable use of bio-resources.

•        Create a "Centre of Excellence for Biotechnology" as a high quality support service to Biotech Industries.

•        Facilitate the flow of venture capital funds and bank credit to Biotech companies.

•        Spread general awareness for optimum utilisation of Biotechnology in the agriculture sector.

 

Automobile and auto components: Project Opportunities in West Bengal

PROFILE:

The Indian auto industry has the potential to emerge as one of the largest in the world. Presently, India is second largest two wheeler markets in the world, fourth largest commercial vehicle market in the world. 11th largest passenger car in the world and is expected to be the seventh largest market by 2016. The growth is a reflection of the emergence of India as a global automobile hub with almost all global auto makers having set up plants in India to cater mainly to the domestic market, as also the export market. The Indian auto component industry has kept pace with technological developments and is today catering not only to OEM and Tier I auto makers in India but abroad as well. Many Indian auto part makers have today also succeeded in emerging as the supplier of choice to global auto majors.

RESOURCES:

West Bengal has traditionally been very strong in the engineering industries and has been an important manufacturing base in the past. West Bengal’s Hindustan Motors was one of the pioneers by commencing production of vehicles in the state in the year 1948. Recently it has collaborated with Mitsubishi Company of Japan to diverse into a wide range of cars and manufactures everything related to automobile industry like trekkers, trucks, and also luxury cars like Mitsubishi Lancer and touching a consolidated net sale of US$ 233.47 million in the last fiscal year. West Bengal realizing this huge potential in this sector has geared up with appropriate plans and policies to boost this sector. Also it has got certain inherent competitive advantages since the state is located in the heart of India’s steel and manufacturing cluster.

 

GOVERNMENT POLICIES:

A number of policy initiatives have been taken by the government to facilitate the automotive industry. These include:

•        Permitting 100% FDI in this sector & removal of minimum capital investment norm for fresh entrants.

•        Establishing an international hub for manufacturing small, affordable passenger cars & a centre for manufacturing two-wheelers.

•        Conducting incessant modernization of the industry & facilitate indigenous design, research & development.

•        Leveraging State’s software technology into automotive technology wherever relevant.

•        Encouraging development of vehicles propelled by alternate energy sources.

•        Development of domestic safety & environmental standards at par with the international standards.

•        Emphasis on low emission fuel auto technologies & availability of appropriate auto fuels.

The State is also encouraging dynamic investment in the sector to create an environment for volume production & indigenous capability for small cars & auto parts.

 

Tea: Project Opportunities in West Bengal

PROFILE:

Tea is indigenous to India and is an area where the country can take a lot of pride. This is mainly because of its pre-eminence as a foreign exchange earner and its contributions to the country's GNP. In all aspects of tea production, consumption and export, India has emerged to be the world leader, mainly because it accounts for 31% of global production. It is perhaps the only industry where India has retained its leadership over the last 150 years. Tea production in India has a very interesting history to it. The range of tea offered by India - from the original Orthodox to CTC and Green Tea, from the aroma and flavour of Darjeeling Tea to the strong Assam and Nilgiri Tea- remains unparalleled in the world.

RESOURCES:

West Bengal is the second largest tea growing state in the countryl contributing almost 21% of the total production in the country. There are three tea-growing zones in the state;       Darjeeling,          Terai and Dooars. Darjeeling tea is considered to be the finest in the world. There are 343 tea gardens in West Bengal covering 1,03,950 hectares planted area. Some of the major players in the Tea industry in West Bengal include Tata Tea Ltd, James Finlay & Company. Both of them together are representing world’s second largest global branded tea operations with product and brand presence in over 50 countries. Goodricke Group Ltd. (GGL) a part of the UK-based Cammelia Plc, the world’s single largest tea producer in the private sector. In India it is the third largest tea producer and the leading producer of Darjeeling tea.

GOVERNMENT POLICIES:

The tea industry in India is highly regulated. It requires licenses for its import or export. While The Tea Act, 1953 controls production and distribution activities, the Tea (Marketing) Control Order, 2003 regulates tea sales and stipulates that a defined percentage of tea produced from each garden be sold through the auction system. In addition to this central cess, States also levy sales tax on sale of tea. Profits from production and sale of tea are subject to agricultural income tax by the states. Thus, the residual income after paying corporate tax is taxed again. This tax is levied on profits accruing to gardens located in respective state. 100% foreign direct investment (FDI) in tea industry is permitted subject to compulsory divestment of 26% equity of the company in favour of an Indian partner / Indian public within five years from the date of investment.

 

Tourism: Project Opportunities in West Bengal

PROFILE:

Tourism has become an important industry in many countries of the world, both in the east and the west. Various initiatives are being taken by the Government and other organizations to promote tourism here. 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. India's rich history and its cultural and geographical diversity make its international tourism appeal large and diverse. It presents heritage and cultural tourism along with medical, business and sports tourism. India has one of the largest and fastest growing medical tourism sectors.

RESOURCES:

West Bengal has the widest variety of attractions in terms of tourist spots from the bustling Kolkata Megapolis with its historical and modern charms, to the zones of tranquillity like the Himalayan terrain in the north to the Sunderbans in the south. The state is endowed with all the diversities of nature that is a tourist’s dream. From the arid Chhota Nagpur plateau region in the west, forests in the north and south, mountains in the north, sea beaches in the south and rivers crisscrossing the whole of the state the varied panorama offers the discerning traveller a very wide choice and caters to the requirements of varied travel segments. More specifically, the snow capped peaks of the Himalayas, Darjeeling, referred by many as the Queen of the Hill Stations, the Darjeeling Himalayan Railway declared as a World Heritage Site, the vast tea estates of the Dooars, the famed Royal Bengal Tiger of Sunderbans, the innumerable historical landmarks of India’s and Bengal’s glorious history are all wonders for the prospective tourists.

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: Project Opportunities in West Bengal

PROFILE:

Waste management is the collection, transport, processing or disposal, managing and monitoring of waste materials. The term usually relates to materials produced by human activity, and the process is generally undertaken to reduce their effect on health, the environment or aesthetics. Waste management is a distinct practice from resource recovery which focuses on delaying the rate of consumption of natural resources. The management of wastes treats all materials as a single class, whether solid, liquid, gaseous or radioactive substances, and tried to reduce the harmful environmental impacts of each through different methods.

RESOURCES:

There are 609 hazardous waste generating units in West Bengal. Amongst the nineteen districts of the state, two districts (Darjeeling and South Dinajpur) do not generate hazardous waste. The total quantum of hazardous waste generation from West Bengal is 2,59,776.24 metric tonnes per annum. (MTPA), out of which 46 per cent (1,20,596.41 MTPA) is landfillable, 49 per cent (1,26,596.38 MTPA) is recyclable and the remaining 5 per cent (12,583.45 MTPA) is incinerable by nature. Interestingly, it was observed that the majority of hazardous waste generating units in the state is small and is generating meagre quantity of waste, whereas the units generating substantial amount of hazardous wastes are limited in number.

 

GOVERNMENT POLICIES:

The Central Government notified the Municipal Solid Wastes (Management & Handling) Rules 2000 under Sections 3, 6 and 25 of the Environment (Protection) Act 1986 for the purpose of managing municipal and urban wastes/garbage in an environmentally sound manner. Government of West Bengal are the nodal agencies for technical guidance and preparation of project report for the development of municipal solid waste management plan for the municipal authorities situated within Kolkata Metropolitan Area (KMA) and Non-KMA areas respectively. 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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Gasket Shellac Compound

Gasket Shellac is a slow-drying, hard setting liquid design to coat, seal and repair most gaskets. Use it to seal metal gaskets and threaded connections. seals metal gasket and threaded connection for light duty service. It is dark brown viscous liquid which characteristics alcoholic odour. Heat and pressure tested heavy bodied adhesive unaffected by petrol, oil, grease and water. Features: • Easy to maintain • Easy to install • Durable • Long lasting • Unmatched quality • Free from defects
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Return: 1.00%Break even: N/A
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Ceramic Heater Plate

Ceramic heater plates provide surface temperatures of up to 980°C (1800°F). The large, 16 mm (5/8") ID grooves permit the use of exceptionally heavy gauge heating wire for low element watt densities and high wattage per square inch of radiating surface. Used specifically to cater to the diversified industrial needs of heat generation, these products have gained wide acceptance in the market. Heater Plate is provided in a wide variety of applications from low to high voltage. This Heater Plate is used for domestic purpose available in different sizes at a good market price. These are cost efficient, energy efficient and environment friendly, which can be used in all kinds of climate. These come in different capacities and require no maintenance throughout life. Features: • Highly efficient • Fine finish
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Toner Ink for Laser Printers, Xerox Machine

Toner Ink is acknowledged for its clear prints and quick drying features. These toners find an extensive application in various industries for the purpose of printing various kind of documents. Further, these toners can be easily installed in various printers and can be availed in several colors. This toner ink is available in air tight packing in order to retain its quality. Characteristics: • Quick drying • Resistant to blotting • Easy to use • Enhanced shelf life • Can tolerate variable temperature • Enable fine printing • Optimum quality Printing Toners Market share will cross USD 5.5 billion by 2024. Robust growth in packaging industry will be a significant driver to global printing toners market by 2024. Rising demand for the enhanced packaging designs from numerous industries including pharmaceutical, food & beverage, electronic gadgets, textile, etc. will propel the printing toners market size. Innovative trends in the advertising and branding industries, increasing importance to the aesthetic traits of the product labeling and packaging will also have positive influence on the industry over the forecast period. Growing advertising and branding industries are also anticipated to boost printing toners demand. Extensive use of printing toners in printing of catalogs, book marks, banners, brochures and manuals is expected to fuel the market over the forecast period. Increasing demand of multiuse printers with tailored capacities is anticipated to drive printing toners market over next seven years. Digitalization has enhanced printing processes making them more efficient and thus is anticipated to drive printing toners market over the forecast period. Development of ink formulations is also expected to product demand over the forecast period, owing to their high quality performance. Major market players operating in printing toner market are Xerox Corporation, IMEX Co. Ltd, Samsung Fine Chemicals, ACM Technologies, Astro-Med, Inc, Canon, Inc., Colart International, American Tonerserv Corp, Toner Italia SRL, INX International Ink Co, and Absolute Printing.
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Alumina from Bauxite

Alumina from Bauxite. Extraction and Production of Alumina from Bauxite Alumina is the common name given to aluminum oxide (Al2O3). Alumina is produced from bauxite, an ore that is mined from topsoil in various tropical and subtropical regions. The Bayer process, discovered in 1887, is the primary process by which alumina is extracted from bauxite. Bauxite is the general name given to the hydrated oxides of aluminium. It contains varying amounts of combined water and several impurities of which ferric oxide and silica are usually predominant. It is essential that the Al2O3 (alumina) be obtained substantially free from these impurities as otherwise the iron oxide and silica would be reduced and contaminate the metallic aluminium produced in the Hall (or Heroult) Process. Uses & Applications: The superior characteristics alumina can offer make it ideal for use in many applications. Some of the most common applications outside of aluminium production are listed below. • Abrasives: Alumina is widely used in a variety of industrial abrasive materials, owing to its superior hardness and strength. Similarly, alumina can be used as a coating to protect against abrasion. • Refractories: Alumina is also widely used in refractory products, due to its high melting point. It is especially suited to demanding applications where the strength of the refractory must be retained at high temperatures. • Glass: Alumina is often used in the production of glass products, lending improved strength; it has even been studied for its potential in creating an unbreakable glass. • Engineered Ceramics: Alumina is also widely used in engineered ceramics, also called advanced or technical ceramics. These engineered ceramic materials are formulated for especially harsh applications that require increased wear resistance, thermal and chemical stability, and many of the other characteristics alumina possesses. Engineered ceramics have applications in industries from chemical and medical, to industrial, electrical, and more. • Other Applications: laser tubes, Wear pads, Seal rings High temperature electrical insulators, High voltage insulators, Furnace liner tubes, Thread and wire guides, Electronic substrates, Ballistic armor, Abrasion resistant tube and elbow liners, Thermometry sensors, Laboratory instrument tubes and sample holders, Instrumentation parts for thermal property test machines, Grinding media. Market Outlook High Purity Alumina Market is expected to garner $5,293 million by 2023, registering a CAGR of 17.0% during the forecast period 2017-2023. The market for high purity alumina has witnessed tremendous growth during the past few years and is expected to grow at a CAGR of 20.7% in terms of volume, during the analysis period. The bauxite and alumina market can be segmented as metallurgical and non-metallurgical products. A metallurgical segment includes the bauxite and alumina used for extraction of aluminum and is the largest product segment. The major trend being witnessed in the global high-purity alumina market is the growing investments by market players in new plants for product manufacturing. Besides, investments are being focused upon the expansion of existing production units and the modernization and upgradation of aging facilities. This increase in investments for enhancing the production of alumina is expected to result in the greater availability of the product to meet the growing demand in the market. Based on region, the market is categorized into Europe, North America, Asia-Pacific (APAC), Latin America, and the Middle East and Africa. Among all these regions, APAC held a significant share in the high-purity alumina market during the historical period. This can be majorly attributed to the growth in the construction industry of the region, particularly in infrastructure projects such as highways and roadways in China and India. The project developers across these nations are increasingly focusing on the adoption of LED lighting solutions for installation purposes in these structures, which, in turn, is boosting the growth of the high-purity alumina industry. High purity alumina market is witnessing steady growth in the semiconductor industry, as the product is a fairly new industrial-use material employed in the process of fabrication of semiconductor device. It is also used in wafer processing equipment owing to its high resistance to plasma corrosion and improved blending strength. Demand for semiconductor is influenced by several underlying applications such as data processing, communication and consumer electronics that accounts for the prominent share of applicability in personal computers, tablets, gaming consoles, television, iPods and servers. Hence, growing demand for high definition display screens is expected to augment the high purity alumina market demand in the forecast timespan. The global market for high purity alumina is also driven by sapphire’s use in semiconductor applications. High purity alumina is used as separators in Li-ion batteries that are used in electronic devices and electric vehicles. The other applications of high purity alumina are abrasives, alumina ceramic, translucent cosmetics, and separation membrane. Altech Chemicals Limited, Baikowski SAS, Polar Sapphire Limited, Nippon Light Metal Company Limited, Alcoa Corporation, Orbite Technologies, Sasol, Sumitomo Chemical, Rio Tinto Alcan, UC RUSAL, Norsk hydro are some of the prominent players operating in the global high purity alumina market. Alcoa Corporation is among the top producers of aluminium. In 2016, Alcoa Inc. got split into two entities namely Alcoa Corporation and Arconic with former engaged in mining and manufacturing of raw alumina and the latter engaged in processing of alumina and other metals. Alumina Industry in India: Alumina is produced from bauxite. About one tonne of alumina is produced from three tonnes of bauxite and about one tonne of aluminium from two tonnes of alumina. The production of alumina at 36.10 lakh tonnes in 2012-13 decreased by about 8% as compared to the previous year. Tags #Alumina_from_Bauxite, #Extraction_Process_of_Alumina_from_Bauxite, #How_is_Alumina_Extracted_from_Bauxite? #Extract_Alumina_from_Bauxite, Manufacturing of Alumina, Making of Alumina, #Extraction_of_Aluminium_from_Bauxite_Pdf, #Extraction_of_Alumina, Extraction of Alumina from Bauxite, Manufacturing Process of Alumina, #Production of Alumina, Manufacturing of Alumina, How is Alumina Produced? #Alumina_Production, Process for Production of Alumina, Production of Alumina from Bauxite, Alumina Plant in India, Alumina Manufacturing Process, #Project_Report_on_Alumina_manufacturing_Industry, Detailed Project Report on Extraction of Alumina, Project Report on Production of Alumina from Bauxite, Pre-Investment Feasibility Study on Production of Alumina from Bauxite, Techno-Economic feasibility study on Production of Alumina from Bauxite, #Feasibility_report_on_Extraction_of_Alumina, Free Project Profile on Extraction of Alumina, Project profile on Production of Alumina from Bauxite, Download free project profile on Production of Alumina from Bauxite, Alumina Business
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Return: 1.00%Break even: N/A
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Lead Production (Litharge, Refined Lead, Red Lead & Grey Lead)

Lead is a soft and malleable metal belonging to the carbon group. It is the heaviest non-radioactive element which occurs naturally on earth in the form of four isotopes: lead-208, 207, 206, and 204. It is generally found in ores with copper, silver and zinc and is extracted together with these metals. Lead compounds exist in two main oxidation states: +4 and +2. It is widely used in construction activities, production of weights, lead-acid batteries, and as a radiation shield. Conventional lead-acid batteries have a significant history in providing energy storage for a wide range of end-use applications, in mobile as well as stationary applications. Usually, lead is found in conjunction with other metals such as silver and zinc and is mined as a by-product. The ore is first mined post which it is concentrated, smelted and refined in a blast furnace with limestone and coke to remove and recover the other metals. The lead metal is primarily extracted from sulphide ore i.e. galena, which has the 86.6% lead content. Two other minerals commercially mined for lead are cerussite and anglesite. Over 95% of all lead mined is derived from one of these three minerals. The principal usage of lead is for the manufacturing of lead-acid batteries which is used for both automotive and industrial applications. Lead is also used in remote access power systems, load levelling systems, in compounds in the glass and plastics industries and radiation shielding. Lead is a metal which effectively resists corrosive effects of atmospheric gases and acidic substances and it is, therefore, largely used for coating iron-sheets, sheathing cables, lining acid tanks etc. Batteries (74%): The single largest use of lead is in the manufacture of batteries (74%), which can be sub-divided into SLI (Starting-Lighting-Ignition) batteries (50%) and Industrial Batteries (24%). Demand for both, SLI batteries and Industrial batteries can be further split into demand from new sales and replacement demand. In addition to this, lead acid batteries are used in many other applications where they may provide main or auxiliary power. SLI Batteries: Lead is the primary ingredient used for manufacturing automotive batteries. These batteries are mainly used in cars and light vehicles, but are also found in other applications such as golf carts and boats. For SLI batteries segment, replacement demand outstrips the demand from the original equipment manufacturers (OEM’s) in a ratio of about 3:1. A standard lead acid battery for starting, lighting and ignition of vehicles has the following average composition by weight: Lead metal: 34%; Lead oxide paste: 39%, Electrolyte (free sulphuric acid):11-12% others (ebonite, PVC, paper, etc.): 8-10%, polypropylene 5-6% Lead is used for cable sheathing especially for electrical cables and telecom cables due to its corrosion resistance, water imperviousness and ductility properties. Lead is also used for sheathing of cables which are used in the petrochemical industry, under sea and underground high voltage cables. Though, aluminium or stainless steel sheaths can be used for underground cables, there is no substitute for under-sea cables, as stainless steel or aluminium do not have the same resistance to corrosion by salt water as lead. Similarly, lead exhibits corrosion resistance by oils and hence is used in underground cables by the petrochemical industry as well. Market Outlook In India, lead mines are mainly concentrated in the state of Rajasthan. The lead industry in India is poised to perform well on the back of good demand prospects. India is Asia's largest lead consuming market after China where growth is largely dependent on the demand from the automotive sector and the industrial sector. India has the second largest number of mobile subscribers in the world after China, and is currently ranked 5th in global vehicle production. India's growing telecom industry and on-going infrastructure development has boosted the industrial battery demand, as is the case with an expanding photovoltaic market which is planned to reach 227 GW by 2022. Growth of the building construction industry is anticipated to be one of the major factors driving the demand for lead over the next few years. Lead is widely used in the construction industry as architectural metals for roofing materials, gutters and gutter joints, and on roof parapets. Moreover, increasing demand for lead-acid batteries for automotive application on account of rising automobile industry is expected to contribute to the growth of the market. However, growing health concerns regarding the use of lead paints is expected to slow down the growth of the market. North America was the largest consumer for lead owing to its vast construction and automobile industry. The demand in Europe is expected to rise moderately on account of declining automobile sales. However, future market growth is expected to be from Asia Pacific on account of rising demand for energy in smart grid technology which includes electrical vehicles operated on lead batteries. This factor is further expected to provide new opportunities for the growth of the market. Development of absorbed glass mat (AGM) lead acid batteries on account of their favorable characteristic of being maintenance-free are also expected to provide growth opportunities for the lead market. The global mine production of lead amounted to 4,703 KT, of which China (2,400 KT), followed by Australia (313 KT) accounted for 51% and 9.6% of the production respectively. Other nations which contributed to the global mine production of lead were USA (6.7%), Peru (6.4%), Russia (5.3%), and Mexico (4.9%). India accounted for 3.2% of the global mine production during CY17. Global refined lead production in CY17 increased by 2.6% to 11,451 KT, and metal consumption increased by 4.2% to 11,594 KT, resulting in a production to consumption deficit of about 143 KT of refined lead. There was an increase in production of refined lead in Europe, Canada, China, India and Kazakhstan while the production was significantly lower in the United States, Australia and the Republic of Korea. The increase in overall global usage was influenced by a 3.1% rise in demand from China. Refined lead usage also increased in Japan, the Republic of Korea and the United States. In the European region, demand was 3.5% higher due to the increase in usage in Germany, Greece, Italy, Poland and the UK Lead demand in the global markets is driven by its usage in batteries (80%), rolled and extruded products (6%), pigments and compounds (5%), ammunition (3%), alloys (2%), cable sheathing (1%) and miscellaneous other applications (3%). Tags #Lead_Production, How Lead is Made, Lead Production Process, #Lead_Manufacture, Lead Manufacturing, #Lead_Manufacturing_Process, #Litharge, Refined Lead, #Red_Lead_&_Grey_Lead, #Litharge_Plant, Litharge Manufacturing Plant, Litharge Manufacture, Lead Processing, #Lead_Industry, Lead Production Process, Extraction of Lead, #Refined_Lead_Production, #Red_Lead_Manufacture, Red Lead Manufacturing Plant, Manufacture of Red Lead, Process of Making Red Lead, #Project_Report_on_Lead_Production_Industry, Detailed Project Report on Lead Production, Project Report on Lead Production, Pre-Investment Feasibility Study on Lead Production, Techno-Economic feasibility study on Lead Production, #Feasibility_report_on_Lead_Production, Free Project Profile on Lead Production, Project profile on Lead Production, Download free project profile on Lead Production, Business Ideas that'll Make you Money in 2019, Best Business Ideas in India, Business Ideas in India for Beginners, Most Profitable Industries, What are the Most Successful Small Businesses? Which is the Best Profitable Business? Which is the Most Profitable Industry in India? Which Business is the Most Profitable in India? New Manufacturing Business Ideas, Extremely Profitable Manufacturing Business Ideas, Lucrative Business Ideas, Greatest Business Ideas for Young Entrepreneurs, Small Business Ideas to Make Money, Fastest Growing Industries to Start a Business, Which Industry is Growing Fast? Which Industries are Booming? 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Return: 1.00%Break even: N/A
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Bamboo Charcoal Manufacturing Business

Bamboo Charcoal Manufacturing Business. Production of Activated Charcoal from Bamboo Bamboo charcoal powder consists of pieces of bamboo plants, which are harvested after a minimum of five years. It is manufactured using the pyrolysis or carbonization process, which usually consists of heat treatment at the temperature of 800°C to 1200°C. The process imparts high adsorption properties to the bamboo charcoal powder, thus making it useful for a wide range of applications. Bamboo charcoal powder can attract and hold a variety of materials, minerals, chemicals, humidity, radio waves, odors, and other substances. Thus, it provides these materials with healing and detoxification characteristics. The use of bamboo charcoal powder is also popular because it is an environmentally-friendly product. Bamboo charcoal can be used as household fuel for heating and cooking, as well as in a range of purification and absorption applications, such as purifying drinking water, in air filters, in mattresses and pillows as a deodorizer, and for certain industrial purification uses. Bamboo vinegar, a by-product of the manufacturing process, is also used as an ingredient in health products. Bamboo is an excellent resource for charcoal because of its high surface area (up to 385 m2/g) and the ability to reach high temperatures (the surface temperature of bamboo charcoal can reach 700°C). Bamboo grows naturally because of the country’s largely undisturbed forests and the limited agriculture practiced in areas where bamboo proliferates. Four dzongkhags have a significant production of bamboos. These are Samtse, Samdrup Jongkhar, Tsirang and Zemgang. Bamboo charcoal can be used for a wide range of different purification and absorption application. Reduce Indoor Air Pollution - Bamboo charcoal absorbs harmful chemicals in the air. It is especially useful for absorbing formaldehyde, ammonia, benzene from paints and strong adhesives, or when antifreeze is kept indoors. It also reduces smog a it absorbs carbonic oxide, ammonia, formaldehyde, benzopyrene, nicotine, and tar. Purifying Drinking Water - As bamboo is naturally anti-bacterial and anti-fungal, bamboo charcoal also possesses similar properties. Bamboo charcoal also absorbs 2, 4-dichloro-hydroxybenzene, a major harmful pollutant in drinking water. Bamboo charcoal also eliminates harmful substances such as surplus chlorine, chloroform, and contains rich natural mineral, like, potassium, magnesium, sodium, calcium etc. Water quality is improved when bamboo charcoal is used in cooking and boiling. Adjusting Humidity - Bamboo charcoal is both an effective natural humidifier and dehumidifier, a result of the pores present in its substructure which can trap and release moisture. Promote Metabolism and Blood Circulation - As bamboo charcoal absorbs and emit far infrared rays, it promotes blood circulation. Bamboo charcoal in mattresses, cushions and comforters help to warm the body faster. Due to its absorbent properties, bamboo charcoal is often used in refrigerators, trash cans, shoe insoles, etc. to absorb odor. Bamboo charcoal products are not only functionally sound, but also good for protecting the environment. Market Outlook Based on the raw material required for manufacturing bamboo charcoal, bamboo charcoal market is categorized into raw bamboo charcoal and bamboo briquette charcoal. Raw bamboo charcoal and bamboo briquette charcoal are prepared from branches, roots, and culms of bamboo plants. Different manufacturing method for preparation of bamboo charcoal powder include the brick kiln process and mechanical process. The bamboo charcoal market is broadly categorized into three major segments based on the application type such as food industry, textile industry and cosmetics industry. Cosmetics industry segment is growing rapidly in the bamboo charcoal market with substantial revenue generation in the last few years. Growing popularity of bamboo charcoal in cosmetics industry segment is attributed to the increasing product penetration in newer market and increasing use in household applications. The global charcoal market is estimated to value $5,813.2 million in 2017 and is projected to grow at a CAGR of 2.0% during the forecast period. The growing demand for charcoal as a metallurgical fuel in the metal and mining industries is driving the growth of the market. On the basis of type, the charcoal market is segmented into lump charcoal, charcoal briquettes, Japanese charcoal, sugar charcoal, and others. Others include various forms of activated charcoal. In terms of value, lump charcoal is estimated to contribute the largest share, of more than 67.0%, to the market in 2017. Lump charcoal burns quickly and produces a high amount of heat on burning. Owing to these properties, the demand for lump charcoal is growing for barbecue cooking purposes. Charcoal is increasingly being used in the production of steel, ferroalloys, aluminum, lead, cast iron, tin, copper, lanthanides, nickel, and some rare metals. It is also employed in the smelting of certain types of brass and bronze. The demand for charcoal is increasing due to technological developments and growing inclination toward the use of clean and renewable resources. Charcoal briquettes compressed from biomass materials produce less ash and reduce greenhouse gas emissions. They are therefore more preferred than traditional fuels. Such environmental sustainability benefits are fueling their demand among users, which, in turn, is driving the growth of the charcoal market. Asia-Pacific region is estimated to hold a major share in the bamboo charcoal market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rapid industrialization, rising demand form end-use industries, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the bamboo charcoal market are Hangzhou Fuyang Motor Carbon Ltd., Guilin Hsinchu Nature Biomaterials, Apex Biotechnology Corp., Jiangshan City Green, The Charcoal House, Japan Daisentakezumi Corp., Quzhou Modern Carbon Industry, Shanghai Hainuo Carbon Industry, and the Suichang Bamboo Charcoal Factory. Tags #ABC_(Activated_Bamboo_Charcoal), #Bamboo_Charcoal, #Bamboo_Charcoal_and_Activated, Activated Charcoal, How to Make Activated Charcoal, How to Make Activated Bamboo Charcoal, #Production_of_Activated_Charcoal_from_Bamboo_Wastes, #Production_of_Activated_Charcoal, Production of Activated Charcoal, #Bamboo_Based_Activated_Charcoal_Manufacturing Business, Bamboo Charcoal, Bamboo Charcoal Making, #Bamboo_Charcoal_Production, Bamboo Charcoal Making Business, Bamboo Charcoal Production Process, How to Make Bamboo Charcoal, Bamboo Charcoal Uses, Bamboo Charcoal Making Unit, Bamboo Charcoal Production Business, Bamboo Charcoal Business, Charcoal Making Business, Charcoal Manufacturing Plant, Production of Activated Carbon from Industrial Bamboo Wastes, Production of Activated Carbon from Bamboo, Preparation of Activated Carbon from Bamboo, Activated Bamboo, Activated Carbons Prepared from Bamboo, Preparation of Activated Carbon, Producing Activated Carbon from Bamboo, Activated Carbon and Its Application, Production of Activated Carbon Pdf, Activated Carbon Production Process, Activated Carbon Production Plant, Bamboo Charcoal Powder, Preparation of Activated Carbon from Bamboo, Preparation of Bamboo-Based Activated Carbon, Charcoal Manufacturing Plant Business, #Project_Report_on_Charcoal_Manufacturing_Industry, Detailed Project Report on ABC (Activated Bamboo Charcoal) Manufacturing Business, Project Report on Charcoal Manufacturing Plant, #ABC_(Activated_Bamboo_Charcoal)_Production, Pre-Investment Feasibility Study on Bamboo-Based Activated Charcoal Manufacturing, #Techno_Economic_feasibility_study_on_Bamboo_Charcoal_Production, Feasibility report on Charcoal Manufacturing Plant, Free Project Profile on ABC (Activated Bamboo Charcoal) Production, Project profile on Bamboo Charcoal Production, Download free project profile on Bamboo Charcoal Production, Bamboo Charcoal Manufacture, Production of Activated Charcoal from Natural Sources
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Return: 1.00%Break even: N/A
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Beer Plant

Beer contains approximately 90% water, and the importance of the liquor to final beer quality cannot be over-estimated. Historically a correlation was observed between the liquor composition of an area and the type of beer that the region could best brew. There are several steps in the brewing process, which include malting, milling, mashing, lautering, boiling, cooling, fermenting, maturation, filtering, and packaging. The production of malt beverages, or beer, comprises four main stages: brew house operations, fermentation, aging or secondary fermentation, and packaging. The annual growth in the Indian beer market has been around 8% in the recent years, which compares well with the growth in China. But the Chinese market of 20 mn kl is over 25 times more than the Indian market of over 900,000 kilolitres. The Beer market in India will grow at a CAGR of 16.94 percent and 14.57 percent on the basis of revenue and volume. The Global Beer Market was valued at $593,024 million in 2017, and is projected to reach $685,354 million by 2025, growing at a CAGR of 1.8% from 2019 to 2025. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Appollo Distilleries & Breweries Pvt. Ltd. • Arthos Breweries Ltd. • Aurangabad Breweries Ltd. • Castle Breweries Ltd. • Devans Modern Breweries Ltd. • Doburg Lager Breweries Ltd. • Doon Valley Brewers Ltd.
Plant capacity: 15385 Bottles/DayPlant & machinery: Rs 387 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1590 lakhs
Return: 29.00%Break even: 47.00%
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Commercial Vehicles Dealership -Sale of Commercial Vehicles -Spares -Servicing

Commercial vehicles are always under heavy duty operating conditions and therefore require more frequent servicing and repair needs of major and minor viz axle repair, leaf springs, bushings and engine repairs etc. All types of motor commercial vehicles like 4 wheeler buses, LCVs and HCVs, jeeps, and off shore heavy duty vehicles require regular normal service and repairs for safety and durability of these vehicles. India’s commercial vehicles of around 29 million during 2015 are expected to grow to more than 48 million vehicles by 2020. Also, domestic sales of commercial vehicles are expected to grow at a CAGR of 11.6% from 0.6 million in 2015 to more than 2 million by 2026.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Ashok Leyland Ltd. • Tata Motors Ltd. • Ashok Leyland Vehicles Ltd. • Asia Motor Works Ltd. • Mahindra Nissan Allwyn Ltd. • Man Trucks India Pvt. Ltd.
Plant capacity: Heavy Commerical Vehicles (HCVs): 480 Nos./Annum Commerical Vehicles (CVs): 1440 Nos./Annum Small Commerical Vehicles (SCVs): 1200 Nos./Annum Servicing of Heavy Commerical Vehicles (HCVs):60 Nos./Annum Servicing of Commerical Vehicles (CVs)Plant & machinery: Rs 350 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1956 lakhs
Return: 28.00%Break even: 43.00%
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Polylactic Acid (PLA)

PLA is a unique polymer that in many ways behaves like PET, but also performs a lot like polypropylene (PP), a polyolefin.PLA also has excellent organoleptic characteristics and is excellent for food contact and related packaging applications.PLA has been utilized as biodegradable plastics for short-term use, such as rigid packaging containers, flexible packaging films, cold drink cups, cutlery, apparel and staple fibres, bottles, injection- and extrusion-moulds, coatings, and so on. The global polylactic acid (PLA) market was valued around US$ 2.23 Bn in 2017 and is anticipated to expand at a stable CAGR above 20.5% during the forecast period 2018 to 2026.The demand for polylactic acid products are increasing in the personal or skin care industry as the product improves skin lightening effects, accelerates cell renewal and exfoliation and enhances the collagen & elastin synthesis.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Astra Specialty Compounds India Pvt. Ltd. • Crest Composites & Plastics Pvt. Ltd. • MalladiSpecialities Ltd. • Neelam Aqua &SpecialityChem Pvt. Ltd. • Network Polymers Pvt. Ltd. • Reichhold India Pvt. Ltd.
Plant capacity: 50000 MT/AnnumPlant & machinery: Rs 90680 lakhs
Working capital: -T.C.I: Cost of Project: Rs 144248 lakhs
Return: 1.00%Break even: N/A
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Corrugated Galvanized Sheet

Corrugated Galvanized Iron sheets are at present the best known, most widely available low cost roof covering material.Corrugated iron sheets are classified according to their thickness and surface area.Corrugated sheets are roll formed by roll forming machines, the thickness and color can be different and these panels are featured with easy installation, high strength, more economic. The demand for corrugated iron sheet is met through both local production and import. The demand for corrugated iron sheet is projected to reach 1,418,399 tons and 2,852,906 tons by the year 2017 and 2022, respectively.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Asian Colour Coated Ispat Ltd. • Assam Roofing Ltd. • B M W Ventures Ltd. • BalajiNiryaat Pvt. Ltd. • Ballabh Commercial Ltd. • Bharat Berg Ltd.
Plant capacity: 500 Nos./DayPlant & machinery: Rs 25 lakhs
Working capital: -T.C.I: Cost of Project: Rs 531 lakhs
Return: 30.00%Break even: 39.00%
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