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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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ADHESIVE (Fevicol Type - D2, D3, D4)

An adhesive is a substance that holds two surfaces together by wetting them, sticking to them, and building strength and stability after application. It is necessary to prepare the surface before applying the glue. The most prevalent source ingredients for adhesives are polymeric polymers, both natural and synthetic. A good technique to identify adhesives is to look at how they respond chemically after they've been applied to the surfaces to be bonded. There are a variety of adhesives available, and one that is appropriate for the materials to be joined must be chosen. Adhesives are used in the resilient type carpentry, office and stationery industries, decorative use fabric industry, ceramic and leather industries, and paint industry. Application are: a) Adhesives, such as white craft glue, are used to adhere lightweight materials including cardboard, paper, cloth, and children's crafts. Because they are frequently carried by water, they are easier to clean and less harmful. These glues must cure before any strength may be determined. b) Adhesive is utilised in the fabric business. Fabric adhesives, such as polyvinyl acetate or liquid white glues, can be used to accomplish this. c) Acrylate adhesives are widely utilised in ceramic and leather manufacturing. These glues have a tendency to bond rapidly and create a strong, transparent finish. d) Adhesive is a substance used in the paint industry to improve the adhesion of paint and coatings. Wood Type Adhesives are a less expensive and less harmful to the environment than solvent-based adhesives. Water-borne adhesives have the advantage of not containing volatile organic compounds. Acrylics have a number of advantages, such as durability, colour retention, quick drying, environmental friendliness, and impact resistance, to name a few. Few Indian Major Players 1. Anabond Ltd. 2. Century Plyboards (India) Ltd. 3. D I C India Ltd. 4. F C L Technologies & Products Ltd. 5. Feroke Boards Ltd.
Plant capacity: Fevicol Type Adhesive (D2, D3 & D4) 10 MT Per DayPlant & machinery: 78 Lakhs
Working capital: -T.C.I: Cost of Project: 247 Lakhs
Return: 27.00%Break even: 53.00%
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Paracetamol (BP/IP/USP Grade)

India is the leading supplier of generic medications in the world. More than half of global demand for vaccines is met by the Indian pharmaceutical industry, which also supplies 40% of generic demand in the United States and 25% of all pharmaceuticals in the United Kingdom. The pharmaceutical sector supplies over 70% of India's needs for bulk medicines, drug intermediates, pharmaceutical formulations, chemicals, tablets, capsules, orals, and injectables. In India, there are roughly 250 large units and 8000 small scale facilities in the pharmaceutical industry (including 5 Central Public Sector Units). The following are some of the uses of paracetamol powder: a) Fever: It is often used to treat fever in persons of all ages. Paracetamol is recommended when a child's temperature climbs above 38.5 degrees Celsius. b) Discomfort relief: It can also be used to relieve mild to moderate pain. c) Osteoarthritis: Paracetamol has been shown to reduce arthritic pain in the knees, hands, and hips in several studies. d) Lower Back Discomfort: It is utilised as a first-line treatment for lower back pain. e) Headache Swiss: Paracetamol with caffeine is also utilised by headache organizations in Austria and Germany. In India, paracetamol is also used to alleviate headaches. Paracetamol is also used to treat migraines in some countries. f) Toothache: Paracetamol has been shown to be beneficial in the treatment of toothache in several studies. g) Menstrual Period Pain: Paracetamol is usually used for menstrual period pain in combination with Dicyclomine Hydrochloride or Mefenamic Acid. h) Cold/Flu Pain: Paracetamol is frequently used in conjunction with anti-cold medications to treat Cold/Flu Pain. The paracetamol market in India is predicted to grow rapidly over the forecast period. The paracetamol market in India is driven by the widespread use of paracetamol as a first-line treatment for pain and fever reduction. Furthermore, the drug's widespread use in COVID-19 patients to alleviate various cold, cough, and fever symptoms is expected to boost market growth through FY2026. The Indian pharmaceutical industry is expected to be worth $100 billion by 2025, while the medical device industry will be worth $25 billion. India's pharmaceutical exports totalled US$ 16.3 billion in fiscal year 2020. Few Indian Major Players 1. Alpha Remedies Ltd. 2. Farmson Pharmaceutical Gujarat Pvt. Ltd. 3. Granules India Ltd. 4. HaffkineAjintha Pharmaceuticals Ltd.
Plant capacity: Paracetamol Powder (IP/BP Grade)50 MT Per Day Acetic Acid (31% Conc.) By Product 72 MT Per DayPlant & machinery: 962 Lakhs
Working capital: -T.C.I: Cost of Project: 2887 Lakhs
Return: 32.00%Break even: 52.00%
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Alloy Wheels for 2 Wheelers

When an object is forced against a surface, the wheel is a mechanism that lets the thing to go efficiently across it. A horizontal slice of a trunk does not suit due to the structure of wood, as it lacks the structural strength to support weight without collapsing, therefore rounded pieces of longitudinal boards are required. Alloy wheels are automobile wheels made from an alloy of aluminium or magnesium metals (or sometimes a mixture of both). Alloy wheels are lighter than normal steel wheels, allowing for faster vehicle speeds. Because alloy wheels are lighter than steel wheels, they perform better in most conditions. In terms of fuel economy, alloy wheels have a major benefit, particularly in urban areas. Due to their lighter structure, alloy wheels will put less strain on the vehicle's suspension. As a result, faster acceleration will be feasible. Alloy wheels have become the standard wheels for most cars due to their greater performance and attractive design. Alloy wheels are more expensive than steel wheels, although they account for the vast majority of OEM wheels. This provides you with more options and choices. The overall alloy wheel sector in India has been continuously growing, with growth expected to accelerate in the next 5-6 years. The alloy wheel market is anticipated to be worth roughly INR 21,000 million in terms of value. Alloy wheels account for less than 20% of the market in India, compared to steel wheels, which account for more than 80%. In the short to medium term, the forecast for the alloy wheel market in India is positive. Few Indian Major Players 1. Alcoa India Pvt. Ltd. 2. Enkei Wheels (India) Ltd. 3. S A B Industries Ltd. 4. Wheels India Ltd.
Plant capacity: Alloy Wheel for 2 Wheeler 1,000 Pcs Per DayPlant & machinery: 133 Lakhs
Working capital: -T.C.I: Cost of Project: 891 Lakhs
Return: 26.00%Break even: 58.00%
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Fiberglass Wool Ceiling Tiles

Fiberglass ceiling tiles are made mostly of glass fibres encased in polymers and provide a number of advantages in a variety of applications. These are typically green building materials; lighter tiles can also be thrown directly on the ceiling without sagging or deterioration. Fiberglass, often known as glass wool, is one of the most effective insulating materials on the market, both thermally and acoustically. It is non-combustible even when in direct and continuous contact with flames. It does not emit toxic gases or smoke, two of the most dangerous health and life dangers in the event of a fire. Glass wool is a non-flammable material. It does not produce toxic fumes or smoke, two of the most dangerous health and life dangers linked with a burn. Acoustic ceiling tiles made of fibreglass are lightweight, easy to handle, and give the best sound absorption. These are employed in the following scenarios: • Commercial suspended ceilings • Auditoriums • Multiplexes • Theatres • Lecture halls • Libraries • Offices with an open floor plan • Meeting Rooms for Conferences • Bars and Pubs • Home Cinemas • Yoga and Meditation Centers In India, the fibre ceiling business has a promising future, with opportunities in both commercial and residential applications. The market is expected to grow due to increased demand for acoustic and thermal insulation, rising disposable income in developing countries, and shifting consumer preferences toward the aesthetics of homes and businesses. The adoption of sustainable and innovative building solutions, such as the use of eco-friendly materials for ceilings, floors, and walls, is anticipated to benefit market dynamics. The market's expansion is being stifled by the high raw material costs of ceiling tiles. Furthermore, ceiling tile installation is costly because it necessitates the services of a professional. Few Indian Major Players 1. K-Flex India Pvt. Ltd. 2. Lloyd Insulations (I) Ltd. 3. Owens Corning Inds. (India) Pvt. Ltd. 4. Rock Wool (India) Pvt. Ltd. 5. Saint-Gobain Gyproc India Ltd.
Plant capacity: Fiberglass Wool Ceiling Tiles 3,000 Sq. Mtr. Per DayPlant & machinery: 482 Lakhs
Working capital: -T.C.I: Cost of Project: 1082 Lakhs
Return: 27.00%Break even: 52.00%
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Industrial and Pharmaceutical Grade Starch from Cassava, Maize and Tacca Roots

Starch can be found in cassava, sorghum, maize, sago, and potatoes. The initiative's concentration, however, was on cassava starch production. Cross-linking starch results in a product that can be used to produce noodle, salad cream, or custard. This product is often made with corn and potato starch, but cassava, which is readily available and inexpensive, can be utilised to meet the needs of the people. Cassava (ManihotesculentaCrantz), also known as yucca in Central America, mandioca or manioca in Brazil, tapioca in India and Malaysia, and cassada or cassava in Africa and Southeast Asia 39, 40, is a lowland tropics starchy staple and a major source of food support for some of the world's poorest countries 39, 40. MAIZE STARCH: Maize starch is a corn starch that is extracted from the grain (maize). The starch is taken from the endosperm of the kernel. Corn starch is a common food additive that thickens sauces and soups, as well as being used to make corn syrup and other sugars. TACCA STARCH (TACCA LEONTOPETALOIDES): Tacca starch is derived from the rhizomes of the Taccaceae plant Taccaleontopetaloides. In the humid tropics of Asia, Australia, and the Pacific islands, the genus Tacca contains about 30 species of perennial herbs with tuberous or creeping rhizomes. The tubers contain a 22.40 percent dry matter content and a 10.22 percent starch content. Increased use of starch in the production of biodegradable plastic and food items, as well as its additions in bakeries, snacks, drinks, and functional meals, as well as rising demand in various non-food applications, is driving the Industrial Starch Market. In a number of meals, starch and its derivatives are used as thickeners, stabilisers, sizing agents, fat replacers, and binding agents. The global modified starch market is anticipated to be valued USD 13.1 billion in 2020, growing to USD 14.9 billion by 2025, indicating a 2.7 percent compound annual growth rate (CAGR). Because of its expanded use in a wide range of meals, as well as the cost-effectiveness and enhanced functionalities it provides over native starch, it is experiencing significant expansion.
Plant capacity: Industrial Grade Starch 37.5 MT Per Day Pharmaceutical Grade Starch 12.5 MT Per DayPlant & machinery: 257 Lakhs
Working capital: -T.C.I: Cost of Project: 1255 Lakhs
Return: 28.00%Break even: 76.00%
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Non-Woven Geotextile

Geotextiles are permeable geosynthetics manufactured from textile or fabric materials. Geotextiles are made from polypropylene, polyester, polyethylene, polyamide, and other polymers. Geotextiles provide a variety of roles, including separation, drainage, filtration, reinforcing, and protection. Geotextiles are used in a variety of ways in India. Chemically or thermally glueing materials together, needle punching, and other methods are used to create non-woven geotextiles. Non-woven geotextiles are synthetic geotextiles that are often used in filter or separation applications, as well as projects where pooling water is a major issue. Nonwoven geotextiles are employed when both soil isolation and permeability are required. These materials are commonly used to wrap French drains or to work with other sub-surface drainage systems. Non-woven geotextiles are used in a variety of applications, including river erosion control, railways, landfills, canals, and water proofing. Non-woven is also frequently used beneath rock riprap revetment, where drainage and separation are critical. Non-oven geotextiles are the most popular type of geosynthetic in terms of volume. Only a few of the applications include geotechnical engineering, heavy construction, building and pavement construction, hydrogeology, and environmental engineering. According to the "India Geotextiles Market research," the non-oven geotextiles market in India is predicted to grow at a CAGR of nearly 12% between 2017 and 2026. There are three types of geotextiles on the Indian market: woven, non-woven, and knitted. The nonwoven geotextile market in India accounts for the biggest share of these categories. The category is predicted to maintain its dominance over the forecast period. Because they filter well and are heat resistant, nonwoven geotextiles are used to prevent soil erosion, as pound underlayment, and as separating cloths. Few Indian Major Players 1. Maccaferri Environmental Solutions Pvt. Ltd. 2. Parry Enterprises India Ltd. 3. Skaps Industries India Pvt. Ltd. 4. Strata Geosystems (India) Pvt. Ltd. 5. Techfab (India) Inds. Ltd.
Plant capacity: Non-Woven Geotextile 200,000 SQM Per DayPlant & machinery: 4312 Lakhs
Working capital: -T.C.I: Cost of Project: 5419 Lakhs
Return: 27.00%Break even: 37.00%
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Milk Powder (Baby Milk for 0 to 5 year, Milk Powder for Coffee and Tea)

Milk is an essential part of human diet. It's nutrient-dense, delicious, and easy to digest. Proteins, fats, sugars, minerals, and a wide range of vitamins are all abundant. In terms of milk production, India ranks only behind the United States of America and the Soviet Union. However, India's milk output is insufficient to fulfil the needs of the country's massive population, with daily average intake per person falling short of the optimal requirement of around 310 grammes. Milk and milk products come in a variety of forms, including fresh milk products, concentrates, and dried items. Milk powders can be used in place of fresh milk and concentrates. The conversion of liquid dairy streams to powder results in a convenient and consistent supply of milk solids. 1. Milk Powder is eaten as a snack. 2. It's a full-fledged newborn food. 3. Among other things, it's used to manufacture curd, butter, ghee, cream, and ice cream. 4. Milk powder is found in nearly every home. 5. It's utilised in the production of milk meals, as well as tea and coffee, at hotels and restaurants. 6. It's used to make cheese, yoghurt, ice cream, and lassi, among other things. The global milk powder market is estimated to grow at a CAGR of 4.4 percent between 2018 and 2025, from $27,783.3 million in 2017 to $38,086.1 million in 2025. Milk powder is a dehydrated dairy product created by evaporating milk. The purpose of making milk powder is to extend the shelf life of milk without using a refrigerator. There are several types of milk powder available, including whole milk powder, skimmed milk powder, dairy whitener, and various variations of milk powder. Few Indian Major Players 1. D S P I Milk Foods Ltd. 2. Haryana Milk Foods Ltd. 3. Herman Milkfoods Ltd. 4. K K Milk Fresh India Ltd. 5. Kamdhenu Foods Ltd. 6. Markandeshwar Foods & Allied Products Ltd.
Plant capacity: Baby Milk Powder 400 gms Size Pack 62,500Nos Per Day Milk Powder for Tea & Coffee 200 gms Size Pack 25,000 Nos Per Day Milk Powder for Tea & Coffee 500 gms Size Pack 10,000Nos Per DayPlant & machinery: 948 Lakhs
Working capital: -T.C.I: Cost of Project: 2711 Lakhs
Return: 29.00%Break even: 50.00%
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Copper Wire Drawing & Enamelling

Copper is one of the oldest materials known to man, as well as one of the most widely utilised non-ferrous metals today. Copper, like Ag and Au, belongs to the first row of transition elements, which also includes Sc, Ti, V, Cr, Mn, Fe, Co, Ni, Cu, and Zn. It belongs to the periodic table's group 11. The element has an atomic number of 29, a mass of 63, two major oxidation states (+1 and +2), and two naturally occurring isotopes (63Cu and 65Cu) with corresponding abundances of 69.17 percent and 30.83 percent. Copper is easy to stretch, mould, and shape, is corrosion-resistant, and has excellent heat and electrical conductivity. As a result, copper was essential to early humans, and it is still employed in a variety of applications today. The winding of motors and transformers is done with copper wire. Copper wire is available in several gauges (32 gauge to 18 gauge). The winding required for the specific motor or transformer determines the copper wire gauge. Wire having a conductor diameter of 0.500 to 4.000 mm is suitable for submersible motor winding. Copper wire is in high demand among motor and transformer makers, as well as for motor and transformer rewinding. Copper wire is used in a variety of applications such as power generation, transmission, distribution, telecommunications, electronics circuitry, and a variety of electrical equipment. Copper and copper alloys are also used to make electrical connections. Building electrical wire is the most important market for the copper industry. Copper is mostly used in the electrical industry for components such as electrical apparatus, bus bars, and wire. Copper is not very ductile at temperatures between 250 and 600°C, and it cannot be forged or stamped at temperatures above 800°C due to its high brittleness. Pure copper is rarely forged or stamped, and only its alloys bronze and brass are regularly forged or stamped. Cables and wires, which account for approximately 40% of India's electrical industry, are in high demand due to the growing demand for electricity, light, and communication. Wires and cables are widely utilised in a number of industries and serve a critical role in the development of infrastructure. The need for wire and cables is closely tied to the growth of the manufacturing industry and infrastructure in the electrical, telecommunications, residential, and commercial sectors. As a result, the government's initiatives on a variety of fronts, such as power, housing, infrastructure, and digitization, are almost certain to generate a lot of business for the wire and cable industry in the coming years. Few Indian Major Players 1. Bharat Insulation Co. (India) Pvt. Ltd. 2. Chandra Metals Pvt. Ltd. 3. Elite Conductors Ltd. 4. Grid India Power Cables Pvt. Ltd. 5. Khandelwal Cables Ltd. 6. Madhav Copper Ltd.
Plant capacity: Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Enamelled Copper Wire (0.914 to 0.376 mm) 350 Kgs per day Intermediate Copper Wire (2.5 mm) 4,000 Kgs per day Intermediate Copper Wire (1.2 mm) 5,000 Kgs per dayPlant & machinery: 432 Lakhs
Working capital: -T.C.I: Cost of Project: 1233 Lakhs
Return: 28.00%Break even: 46.00%
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Tomato Ketchup & Mayonnaise

Tomatoes are one of the most important food crops in India. It is found in almost every state in the United States. The top producers are Bihar, Karnataka, Uttar Pradesh, Orissa, Andhra Pradesh, Maharashtra, Madhya Pradesh, and West Bengal. Vitamins A and C, as well as potassium, minerals, and fibre, are abundant in tomatoes. Because the raw material can be found all throughout the country. Tomatoes are one of the most important "protective foods" due to their great nutritional value. It's one of the most flexible vegetables, and it's been used in Indian cooking for centuries. Tomatoes are used in soups, salads, pickles, ketchup, purees, sauces, and more. Ketchup, an acidic, seasoned tomato sauce, is one of America's favourite condiments. Although ketchup, sometimes known as catsup, is most commonly associated with hamburgers, hot dogs, and French fries, it can also be found in sauces, meatloaf, beans, and stews. Mayonnaise is one of the most popular sauces in the world. Egg yolks, vinegar, oil, and a few other ingredients are used to make a semi-solid oil-in-water emulsion. Mayonnaise is available in a range of colours, although the most popular are white, cream, or pale yellow. It can range in texture from a light cream to a thick gel. It's served with sausages, burger patties, chips, and salads as a culinary flavouring and hunger stimulant. It can range in texture from a light cream to a thick gel. It's offered with sausages, burger patties, chips, and salads as a culinary flavouring and to whet the appetite for a first meal. Mayonnaise has a high oil content, which contributes to the product's lubricity and creamy texture. Mayonnaise is an emulsion, which is a mixture of two liquids that would not normally mix together. Combining oil with water is a famous example. A tiny number of unorganised and individually owned firms produce mayonnaise. It's a better alternative product, to put it that way. Vegetable oil, vegetable protein, milk protein, egg protein, fat emulsifier salt, and water are the most common basic materials used in product manufacture. All of the basic raw materials are readily available in India. A mixer, a digital balance, an emulsifying machine or a colloid mill, holding tanks, a boiler, and other basic plant and machinery are needed. The machines are all manufactured in the United States. The global tomato ketchup market will be worth US$ 19.70 billion in 2020. The market is estimated to grow at a CAGR of 4.70 percent from 2021 to 2026. Table sauce, often known as tomato ketchup, is a cold condiment produced from soft red tomatoes that mixes well with both hot and cold dishes. It has a sweet and tangy flavour and is usually used to snacks and appetisers to enhance their flavour. In a blender, combine ripe blanched tomatoes, vinegar, sugar, and a selection of seasonings and herbs to make tomato ketchup. In India, the mayonnaise and salad dressing industry is becoming one of the most active and rapidly growing segments of the food service industry. As a result of improving living standards and changing lifestyles, the need for sophisticated taste in meals is becoming a growing trend in the food industry, which is benefiting the mayonnaise and salad dressing sectors. The demand for mustard sauce, caeser salad dressing, creamy cheese salad dressings, liquid salad dressing sauces, Italian and Russian salad dressing, thousand island salad dressing, eggless and garlic mayonnaise, and other mayonnaise and salad dressing products is higher than ever, giving the Indian market a boost. Few Indian Major Players 1. Adinath Agro Processed Foods Pvt. Ltd. 2. Cremica Food Inds. Ltd. 3. Del Monte Foods India Pvt. Ltd. 4. General Mills India Pvt. Ltd.
Plant capacity: Tomato Ketchup (500 gms Size Glass Bottle) 4,000 Nos. per day Mayonnaise (500 gm Size Glass Bottle) 2,000 Nos. per day Mayonnaise (200 gm Size Pouches) 5,000 Nos. per dayPlant & machinery: 67 Lakhs
Working capital: -T.C.I: Cost of Project: 362 Lakhs
Return: 30.00%Break even: 57.00%
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HDPE Pipes

For decades, HDPE pipe has been used in non-potable water applications. Because of its welded joints, HDPE pipes are very popular. While welding necessitates the use of specialised equipment, it eliminates the need for separate fittings, which are a typical source of leaks and contaminant infiltration. HDPE is a very flexible polymer that can endure more abuse on the job site than brittle polymers such as PVC. Because of the flexibility of the piping system, turns can be achieved without the use of additional joints. High density polyethylene (HDPE) is used as a drainage pipe material because it is lightweight, corrosion resistant, easy to install, and has a low maintenance cost. The design of HDPE corrugated drainage pipe is based on the idea that it will deform and so alleviate stress. As a result, ductility is an important quality for allowing for deflection during the pipe's service life. HDPE resins with low ductility may induce unexpected breaking in the pipe due to a phenomenon known as "slow crack advancement." To decrease cracking, the stress crack resistance (SCR) of HDPE resins must be properly assessed. HDPE pipes are corrosion-resistant and simple to work with, making them more practical and long-lasting. HDPE pipes are lightweight and use less energy to manufacture. Other polyethylenes have varied densities, hyper-branched crystallinities, molecular weights, and chain structures. HDPE may be processed at temperatures ranging from 160°C to 250°C, with a shrinkage rate of 1.5 to 3%. Due to its great heat resistance, flexibility, and machinability, HDPE is a prominent polymer in the production of a wide range of plastic goods. The India HDPE Pipes Market was valued $99.9 million in 2018, and is expected to increase at a CAGR of 11.2 percent to $233.5 million by 2026. High density polyethylene (HDPE) pipes are made from raw materials such as PE 63, PE 80, and PE 100. One of the key advantages of HDPE pipes is that they are 6-8 times lighter than cast iron and galvanised iron pipes. HDPE pipes may be easily moulded and welded together due to their high chemical resistance. They are also non-corrosive, making them a great choice for a wide range of applications. Few Indian Major Players 1. Alom Poly Extrusions Ltd. 2. Captain Polyplast Ltd. 3. Dutron Polymers Ltd. 4. Greenfield Irrigation Ltd. 5. JayshreePolytex Ltd. 6. Kunststoffe Industries Ltd. 7. Nimbus Pipes Ltd.
Plant capacity: HDPE Pipes 7,200Kgs per dayPlant & machinery: 82 Lakhs
Working capital: -T.C.I: Cost of Project: 541 Lakhs
Return: 27.00%Break even: 60.00%
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