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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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Lucrative Business of IV Fluids (BFS Technology)

Intravenous fluids are fluids that are supplied intravenously, or directly through the circulatory system, to a patient. When a person's bodily fluid volume drops, they are given fluids. A drop in fluid volume can be caused by a variety of factors. Intravenous fluids are divided into two categories. Crystalloids, such as saline solutions, contain a solution of water-soluble molecules. • Electrolyte metabolism and treatment of waste water, especially in extreme cases. • Treatment for acid-base imbalances. • Volume substitution and replacement in the surgery of an accident victim who has lost blood. • Dextrose solution is utilized during the postoperative period when sodium extraction is reduced, and it is used for severally unwell and post-operative patients. The global intravenous solutions market is estimated to reach USD 18.9 billion by 2028, with a compound annual growth rate (CAGR) of 7.9% from 2021 to 2028. The market is likely to be driven by a rising incidence rate of chronic diseases such as cancer, an increase in the number of premature births, and a lack of I.V. solutions in the United States. Severe dehydration is one of the most common uses for intravenous (IV) fluids. In disorders like diarrhoea, severe dehydration occurs as a result of the body's fluids being depleted. The continuing COVID-19 epidemic is likely to boost the market's performance. Due to the significant intake of patients infected with severe acute respiratory syndrome coronavirus 2, intensive care units (ICU) around the world are either at maximum capacity or overcrowded (SARS-CoV-2).
Plant capacity: IV Fluids (500 ml Size Bottle) 100,000.0 Bottles per dayPlant & machinery: 751 Lakhs
Working capital: -T.C.I: Cost of Project: 1277 Lakhs
Return: 26.48%Break even: 54.19%
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Start Manufacturing Plant of Menthol Crystal

Menthol is a crystalline white substance. It can be made from natural sources or synthetically. The melting temperature of natural or synthesised laevo menthol is between 41 and 44°C, making it only therapeutically active. Some manufacturers categorise crystals based on their shape and size, and thus use a variety of terms, such as bold crystals, medium crystals, medium extra crystals, and medium extra-large crystals. Menthol crystals are excellent inhalants in and of themselves, and they're simple to use into recipes. It can be used as a natural insecticide, which means it can be used in the garden when other insects or honey are present. 1. Menthol is a hair growth stimulant that can be used by combining menthol crystals with hair oil. 2. Menthol crystal is also useful for sunburns; when blended with aloe vera gel, it soothes sunburns. 3. It removes dark sports and minimises black and white heads. 4. Menthol inhibits the spread of plague or kills germs that can cause gingivitis. Menthol crystals are obtained primarily from natural sources, and as a result, they are rising in popularity in both developed and developing countries. The expansion of natural based products from many industries is being pushed by manufacturers' increasing focus on natural and sustainable products. The cosmetics sector is highly regulated, thus natural-based raw ingredients are in great demand when producing cosmetics. In the next years, this is projected to drive the menthol crystals market. Few Indian Major Players 1. Bhagat Aromatics Ltd. 2. Everest Flavours Ltd. 3. Halcyon Life Sciences Pvt. Ltd. 4. Jindal Drugs Pvt. Ltd. 5. Malik Polychem Ltd. 6. Rupangi Impex Ltd. 7. Sharp Mint Ltd. 8. Swati Menthol & Allied Chemicals Ltd.
Plant capacity: Menthol Crystal 1,000.0 Kgs per day Dmentha Oil 333.3 Kgs per dayPlant & machinery: 196 Lakhs
Working capital: -T.C.I: Cost of Project: 643 Lakhs
Return: 28.87%Break even: 52.17%
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Emerging Business of Surgical Methylated Spirit (Denatured Alcohol/Surgical Spirit)

Methylated spirits is a colourless, transparent liquid that is used in a range of industrial and domestic applications. Methylated spirits have a boiling point of 78°C and a flashpoint of 11°C. Because they contain a denaturant that prohibits them from being eaten, methylated spirits are also known as denatured alcohol. The methylated spirits from Sydney Solvents are made up of 99 percent methylated spirits and 1% bitrex. If the methylated spirits did not contain denaturant, it would be classified as ordinary alcohol that is safe to consume. • As a common home remedy for sterilising and hardening the skin, especially on the feet of hill hikers and runners to prevent blisters. • When learning to play stringed instruments like the guitar or cello, to "toughen up" sensitive skin on the fingertips. • To treat and prevent bed sores in people who are confined to their beds. • Surgical Spirit tightens, hardens, and disinfects the outer layer of skin for the treatment of minor wounds and abrasions, acting as a disinfectant and leaving the skin bacteria-free. Surgical spirits can be used to destroy bacteria, viruses, and fungi. They have the ability to penetrate the lipid layer of the bacteria cell wall, causing damage to the cell membrane and the destruction of the organism's internal components. Surgical spirits, on the other hand, are antiseptics but not sterilisers because they do not kill bacterial spores. As a result, they're fine for regular use and modest medical treatments, but they're not up to the task of cleaning instruments. Surgical spirits can be used to treat cuts and as a household disinfectant. Surgical spirits are ethanol solutions that contain methanol and other harmful ingredients that make them unfit for human ingestion. Few Indian major players 1. Adroit Pharmaceuticals Pvt. Ltd. 2. Bajaj Hindustan Sugar Ltd. 3. Bhalkeshwar Sugars Ltd. 4. Deepak Fertilisers & Petrochemicals Corpn. Ltd. 5. Sharayu Agro Inds. Ltd.
Plant capacity: Surgical Methylated Spirit 1 Ltr Size Bottle 4,000.0 Nos. Per Day Surgical Methylated Spirit 5 Ltr Size Bottle 480.0 Nos. Per Day Surgical Methylated Spirit 20 Ltrs. Size Cans 80.0 Nos. Per DayPlant & machinery: 79 Lakhs
Working capital: -T.C.I: Cost of Project: 265 Lakhs
Return: 27.53%Break even: 54.72%
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Start a E-Waste Recycling Plant Waste Electrical & Electronic Equipment (WEEE)

Electronic wastes, often known as "e-waste," "e-scrap," or "Waste Electrical and Electronic Equipment," or "WEEE," are surplus, obsolete, defective, or abandoned electrical or electronic devices. Electronic garbage, often known as e-waste, refers to obsolete electronic devices such as computers, laptops, televisions, DVD players, mobile phones, and MP3 players. End-of-life information- and telecommunications equipment, as well as consumer devices, are frequently regarded as e-waste in a narrower sense. Electronic garbage, on the other hand, is officially a subset of WEEE (Waste Electrical and Electronic Equipment). The global e-waste management market was valued at $49,880 million in 2020, and is expected to grow at a CAGR of 14.3% from 2021 to 2028, to reach $143,870 million by 2028. The ever-increasing demand for rare metals, combined with their scarcity, has resulted in a rapid rise in their cost. Metals like this must be collected from e-waste and reused in another process. For example, roughly 250 kilogrammes of silver, 24 kg of gold, and nine tonnes of copper can be recovered from one million mobile phones in e-waste. This also helps manufacturers build lower-priced electrical gadgets and obtain a cost advantage over competitors. Few Indian Major Players 1. E-Parisaraa Pvt. Ltd. 2. Ecocentric Management Pvt. Ltd. 3. Greenscape Eco Mgmt. Pvt. Ltd. 4. Navrachna Recycling Pvt. Ltd. 5. Sims Recycling Solutions India Pvt. Ltd.
Plant capacity: Plastic 1.60 MT per day Ferrous Material 1.00 MT per day Aluminium 0.70 MT per day Glass 1.00 MT per day Copper 0.70 MT per dayPlant & machinery: 86 Lakhs
Working capital: -T.C.I: Cost of Project: 314 Lakhs
Return: 27.47%Break even: 60.15%
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Manufacturing Business of Paprika Oleoresin

Paprika oleoresin (also known as paprika extract or oleoresin paprika) is an oil-soluble extract derived from the fruits of Capsicum annuum or Capsicum frutescens that is largely used as a food colourant and/or flavouring. It's made up of vegetable oil (usually between 97 and 98 percent), capsaicin (the main flavouring element that gives it pungency in higher quantities), and capsanthin and capsorubin (the main colouring compounds) (among other carotenoids). Because it includes a high concentration of Vitamin E, paprika oleoresin aids in the production of red blood cells in the body. It also aids in the quick healing of wounds. Treats Skin Issues: Paprika oleresin has antibacterial characteristics, making it beneficial against any skin problem caused by bacterial infection, such as acne. Supports Healthy Digestion: Paprika oleoresin may aid digestion by boosting saliva and stomach acids, which aid in the breakdown of food and the availability of nutrients for energy. Natural resinous plant extractions are referred to as oleoresins. Aromatic liquid preparations formed from a mixture of plant matter extraction and solvents (i.e. r) are another name for them. Oleoresins' non-volatile components define the colour, flavour, and other characteristics of the raw material. The global oleoresins market is expected to be worth USD 1.2 billion in 2019 and USD 1.7 billion by 2025, growing at a CAGR of 6.0 percent between 2019 and 2025. Oleoresins are essential oil and resin component plant extracts. They contribute to the flavour and perfume of the plant from which they are derived. Oleoresins are volatile or non-volatile chemicals that are extracted from spices with the help of solvents.
Plant capacity: Paprika Oleoresin 160.0 Kgs Per Day Paprika Spent 1,093.3 Kgs Per DayPlant & machinery: 395 Lakhs
Working capital: -T.C.I: Cost of Project: 1700 Lakhs
Return: 29.32%Break even: 57.23%
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Manufacturing of Sugar from Sugar Beet

Sugar is a generic term for sweet-tasting, soluble carbohydrates, which are commonly utilised in food. Sucrose, often known as table sugar, granulated sugar, or normal sugar, is a disaccharide made up of glucose and fructose. Glucose, fructose, and galactose are examples of simple sugars, often known as monosaccharides. Compound sugars, commonly known as disaccharides or double sugars, are two monosaccharides connected by a glycosidic bond. Sucrose is a common example. Sucrose is used in prepared goods (such as cookies and cakes), is occasionally added to commercially available processed foods and beverages, and can be used as a sweetener in foods (such as toast and cereal) and beverages by individuals (e.g. coffee and tea). White granulated sugar contains 97 percent to nearly 100 percent carbs, less than 2% water, and no dietary fibre, protein, or fat (table). Brown sugar has a moderate quantity of iron (15 percent of the RDA in a 100 gramme serving, see table), however a typical serving of 4 grammes (one teaspoon) only has 15 calories and no other nutrients. Brown sugar has a deeper flavour than white sugar because it contains 5–10 percent molasses that is reintroduced during manufacturing. In 2020, the global sugar market will have a consumption volume of around 175 million tonnes. In the years 2021-2026, the market is predicted to increase at a CAGR of 1%, reaching a volume of 186 million tonnes. Sugar is a crystalline sweet material made from sugar cane and sugar beet. It's utilised in a variety of food and non-food applications all around the world. Sugar serves a range of tasks in the food sector, in addition to providing a sweet taste.
Plant capacity: Sugar from Sugar Beet 360.0 MT per dayPlant & machinery: 3679 Lakhs
Working capital: -T.C.I: Cost of Project: 6910 Lakhs
Return: 29.56%Break even: 61.68%
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Business of PET Recycling & Production of Flakes

Municipal solid waste (MSW) is garbage generated by people in their homes and places of work, and it is managed and controlled by local authorities such as cities and governments. Plastic usage has exploded in the previous two decades, with plastics now playing a vital role in almost every facet of modern life. Plastic recycling is the process of converting discarded plastic into useable material. Bottles and containers made of hard plastic can be recycled, as can films and wrappers made of non-rigid plastic. Plastic recycling is the process of converting discarded plastic into useable material. Bottles and containers made of hard plastic can be recycled, as can films and wrappers made of non-rigid plastic. The plastic recycling market is divided into segments based on the type of resin used, such as PET. PET stands for polyethylene terephthalate, which is the most popular thermoplastic polymer resin in the polyester family and is used in garment fibres, liquid and food containers, and thermoforming for manufacturing. One of the most prevalent forms of plastic is polyethylene terephthalate, or PET (also known as PETE). PET is used to make the majority of single-serve plastic bottles, such as those for water, soft drinks, and juices. PET is used to make plastic fibres, videotape, audiotape, film, engineered resin, and food containers, among other consumer and industrial items. Asia Pacific was the largest regional market in 2020, which accounted for a revenue share of over 45. The regional market is characterized by the easy availability of land along with a low-cost, skilled labor force. PET bottles are becoming a bigger part of the trash and litter problem, especially in developing countries. The global recycled polyethylene terephthalate market was valued at USD 8.56 billion in 2020, and it is predicted to increase at a CAGR of 6.7 percent between 2021 and 2028. Consumer behaviour is shifting toward sustainability, which is driving market growth. Few Indian Major Players 1. Ahimsa Industries Ltd. 2. Bharat Pet Ltd. 3. Dalmia Polypro Inds. Pvt. Ltd. 4. F C L Technologies & Products Ltd. 5. Futura Polymers Ltd. 6. Garden Polymers Pvt. Ltd.
Plant capacity: Recycled PET Flakes 64.0 MT per dayPlant & machinery: 174 Lakhs
Working capital: -T.C.I: Cost of Project: 440 Lakhs
Return: 30.45%Break even: 71.77%
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Production of Artemisinin from Artemisia Annua Plant

Artemisia annua is an annual short-day plant that belongs to the Asteraceae family. It has a brownish or violet coloured stem. The plant itself is hairless and grows to a height of 30 to 100 cm in the wild, while in culture, plants can grow to 200 cm. Artemisinin is a traditional Chinese herbal treatment for malarial fevers that has recently been discovered to have high antimalarial activity against a variety of parasites, including chloroquine-resistant Plasmodium falciparum. Artemisinin is a sesquiterpene lactone derived from sweet wormwood (Artemisia annua), which is used as an antimalarial to treat multidrug-resistant falciparum malaria strains. It's an antimalarial as well as a plant metabolite. It's an organic peroxide and a sesquiterpene lactone. Schizophrenia, Malaria, Falciparum, and Plasmodium Falciparum have all been treated with artemisinin in clinical trials. Schizophrenia, Malaria, Falciparum, and Plasmodium Falciparum have all been treated with artemisinin in clinical trials. The market for Artemisinin Derivatives was estimated at USD 655 million in 2020, and it is predicted to increase at a CAGR of 6.05 percent from 2021 to 2027, reaching roughly USD 1,080 million in 2027. The term "artemisinin derivatives" refers to a class of active medicinal compounds used to treat malaria. Malaria and parasitic worm (helminth) infections are effectively treated with artemisinin and its derivatives. They've been shown to be the most effective and promising medications for killing parasites and interrupting their life cycle. The plant Artemisia annua and sweet wormwood are the most common sources of artemisinin. Traditional Chinese medicine has long utilised Artemisia annua and sweet wormwood.
Plant capacity: Artemisinin (10 ml Size Pack) 3,000.0 Bottles Per DayPlant & machinery: 134 Lakhs
Working capital: -T.C.I: Cost of Project: 574 Lakhs
Return: 31.00%Break even: 70.80%
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Investment Opportunities in Assembling Lithium Ion Battery (Battery Assembly)

Laptop computers, mobile phones, power tools, telecommunication systems, and new generations of electric cars and trucks are all powered by lithium batteries. Lithium metal batteries and lithium ion batteries are two types of lithium batteries. • Lighter Design: Li-ion batteries are lighter than conventional rechargeable batteries when compared to their capacity, and are thus employed in portable consumer electronics gadgets where weight and form factor are key selling aspects. • Low Self-discharge and Longer Shelf Life: When compared to other rechargeable batteries, Li-ion batteries have a lower self-discharge rate of roughly 1.5 percent per month, allowing for a longer shelf life when not in use because it drains slowly. • Quick Charging: When compared to other rechargeable batteries such as lead acid, nickel-metal hydride, and nickel-cadmium, lithium-ion batteries charge faster. Lithium-ion (Li-ion) batteries, also known as secondary batteries, are rechargeable batteries in which lithium ions migrate from the negative electrode (typically carbon) to the positive electrode (nickel, manganese, and cobalt) during discharge and back during charging. (1) Li-ion batteries are commonly found in cameras and calculators. (2) They're in cardiac pacemakers and other implantable medical devices. (3) Telecommunications equipment, instruments, portable radios and televisions, and pagers all use them. (4) They're used in laptop computers, cell phones, and aerospace applications. The global lithium ion battery market is predicted to increase at a compound yearly growth rate of 14.63 percent from USD 40.5 billion in 2020 to USD 91.9 billion in 2026. Electric vehicle demand is expected to grow at a 19.1% compound annual growth rate (CAGR) from 2016 to 2026, with substantial sales volume in developing countries. The United States, China, Japan, India, and other countries have significant growth potential in the battery industry. Few Indian Major Players 1. Anand Batteries Ltd. 2. Bharat Electronics Ltd. 3. Carborundum Universal Ltd. 4. Eon Electric Ltd. 5. Exide Industries Ltd. 6. H B L Power Systems Ltd. 7. Luminous Power Technologies Pvt. Ltd.
Plant capacity: 48 Volt, 60 AH Lithium-Ion Battery Pack: 5.0 Nos per day 48 Volt, 80 AH Lithium-Ion Battery Pack: 5.0 Nos per day 48 Volt, 100 AH Lithium-Ion Battery Pack: 5.0 Nos per day 60 Volt, 20 AH Lithium-Ion Battery Pack: 5.0 Nos per day 60 VoltPlant & machinery: 72 Lakhs
Working capital: -T.C.I: Cost of Project: 293 Lakhs
Return: 29.95%Break even: 70.65%
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Start Producing of Rubber Powder from Waste Tyres

Rubber is a butadiene polymer and one of the most essential chemical compounds utilised in a variety of fields in today's advanced world. Rubber is particularly useful in the tyre industry, as it is utilised in a variety of vehicles. Rubber is required as a raw material for rubber products. Either natural rubber, which is frequently grown on enormous plantations – with all the issues that comes with monoculture – or synthetic rubber, which is made from crude oil. Both processes consume a lot of resources. Waste tyres are a major issue all around the world. A huge number of tyres are used in cars, and tyre replacement is done on a regular basis. Old tyres that can no longer be mended but can be used as a byproduct of the waste tyres. Rubber powder is one of the most common waste tyre recycling byproducts. Rubber powder has a wide range of applications in various industries. Waste tyre recycling method is incredibly cost effective, as it recycles 100% of waste tyres (No churn left after the process). Because no chemical substances are utilised in this procedure, it is environmentally safe. Waste tyres are a cheap and readily available raw material. Produce economically beneficial items from waste tyres that have a high market value and demand. In addition, each tonne of recycled tyres saves 10 tonnes of carbon dioxide (CO2), a major greenhouse gas. Properties 1. It is a fine powder with a mesh size ranging from 5 to 200 meshes. 2. It is water insoluble. 3. It is unaffected by alkali or ordinary acid. 4. Rubber powder bulk density ranges between 0.85 and 0.90. Rubber powder is experiencing a tremendous growth in demand in India. In India, demand for rubber powder has climbed by 5% to 8%. This product has a wide range of applications. There's a distinction to be made between recycling and reclaiming. While recycling refers to any method of reusing leftover rubber, reclaiming entails depolymerization. Vulcanized rubber is ground in either a cryogenic or ambient grinding process during recycling. Ground rubber is heated and chemically treated in reclamation. Few Indian Major Players 1. Arihant International Ltd. 2. Elgi Rubber Products Ltd. 3. Rubber Products Intl. (India) Ltd. 4. Rubber Products Ltd. 5. Tinna Rubber & Infrastructure Ltd. 6. Tyre Corpn. Of India Ltd.
Plant capacity: Rubber Powder 5.0 MT per day By Product Steel Wire 1.4 MT per dayPlant & machinery: 46 Lakhs
Working capital: -T.C.I: Cost of Project: 191 Lakhs
Return: 26.98%Break even: 61.44%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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