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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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Solar Panel (both type of the PV Cells: Polycrystalline and Monocrystalline) 140 MW

A solar panel is made up of several solar modules that are wired together in series and parallel to give a certain voltage and current to charge a battery. Photovoltaic panels make up the solar array of a photovoltaic system, which generates and distributes solar power in commercial and residential settings. The DC output power of each module is rated under conventional test conditions and typically ranges from 100 to 365 watts. A single solar module can only provide a certain quantity of energy; therefore, most setups use numerous modules. A photovoltaic system consists of a panel or array of solar modules, a solar inverter, and, in certain cases, a battery and/or solar tracker, as well as interface cable. A photovoltaic (PV) module is a pre-assembled, plug-and-play assembly of 6-10 solar cells. Solar photovoltaic panels make up the solar array of a photovoltaic system, which generates and distributes solar power in commercial and residential settings. The DC output power of each module is rated under conventional test conditions and typically ranges from 100 to 365 watts. A single solar cell will not be able to deliver the necessary usable output. To boost the output power of a PV system, a number of such PV Solar Cells must be connected. A solar module is typically made up of a sufficient number of solar cells that are connected in series to generate the requisite standard output voltage and power. Large-scale solar applications, such as commercial and residential solar systems, typically use monocrystalline solar panels. They can also be used for smaller-scale applications, and the panel size is determined by the application. The most widely utilised PV panels on the planet are polycrystalline solar panels. They come in a variety of power levels, ranging from 5 W to 250 W or more, and can be used in both home and commercial settings. In the projected period 2021-2028, the global solar power market is estimated to increase at a CAGR of 6.9%, from $184.03 billion in 2021 to $293.18 billion in 2028. With the unrelenting shift toward renewable energy, the worldwide solar panel industry is accelerating. China, the world's largest exporter of solar panels, will benefit from strong global demand, while domestic sales may decrease as tariff subsidies are reduced. Because solar cells are becoming more affordable and suburban building is becoming stronger, the United States is seeing a rise in solar power output. Due to the rapid adoption of solar generation capacity, the EU, Asia-Pacific, Mexico, and Australia are also emerging as the most attractive markets. Distributed solar photovoltaic systems for residential, commercial, and industrial buildings appear to be a growing business segment around the world.
Plant capacity: Mono Crystalline Solar PV Module Capacity:250 Watt 466.8Nos/Day | Mono Crystalline Solar PV Module Capacity:320 Watt 364.6Nos/Day | Poly Crystalline Solar PV Module Capacity: 250 Watt466.8Nos/Day | PolyCrystalline Solar PV Module Capacity:320Watt364.6/dayPlant & machinery: 36.35 Cr
Working capital: -T.C.I: Cost of Project: 63.46 Cr
Return: 30.00%Break even: 44.00%
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Zinc Oxide from Zinc Dross (White Seal) Production Business Plan

Although zinc oxide has been known since ancient times, it is only recently that it has been used as a pigment. It was created to replace basic lead carbonate as a pigment. Because the lead pigment turned black when exposed to the air, it was phased out. Zinc dross is a byproduct of zinc recovery. Zinc types can be recovered from galvanised sheets, batteries, automobile components, and galvanising processes, among other things. Zinc ashes develop on the surface of molten zinc baths, and while they are mostly zinc oxide, finely divided zinc particles will stick to the oxide as well. Processes are used to purify various forms of zinc to obtain pure zinc metal. Zinc oxide has the formula ZnO and is an inorganic substance. Rubbers, plastics, ceramics, glass, cement, lubricants, paints, ointments, adhesives, sealants, pigments, meals, batteries, ferrites, fire retardants, and first-aid tapes all contain zinc oxide, which is a white powder that is insoluble in water. Although zinc oxide is found naturally in the mineral zincite, the majority of zinc oxide is manufactured synthetically. ZnO belongs to the II-VI semiconductor group and has a large bandgap. The semiconductor's native doping is n-type, which is caused by oxygen vacancies or zinc interstitials. Zinc oxide, often known as zinc white, is a white or grey powder with a coarse texture. The amount of contaminants it contains has an impact on its whiteness. A wide range of colours can be created through good heat treatment or other ways, ranging from white to yellow, green, and brown to red. Rubber, paint, ceramics, chemical textiles, and other industries employ zinc oxide. Zinc salts (zinc stearate, etc.) feed additive; semiconductor in electronic devices; electronic ceramics; raw material to produce zinc phosphate as steel coating; ointment; pigment and mould growth inhibitor in paints; ceramics; floor tile; glass; zinc salts (zinc stearate, etc.) feed additive; semiconductor in electronic devices; zinc phosphate as steel coating. Zinc oxide is used in metal protective coatings, and zinc oxide and paint tinted with zinc dust are the most popular coatings for galvanised surfaces. Zinc oxide is used in general-purpose primers for ferrous surfaces, together with red lead and/or zinc yellow. It aids in the production of a durable, adherent coating that is resistant to abrasion and chalking in these priming paints. Rubber vulcanization relies heavily on zinc oxide. It's an inorganic basic accelerator that helps speed up the vulcanization reaction between rubber and sulphur. The market for zinc oxide has gathered significant traction in recent years as a result of the rising morbidity of bacterial infections in the public healthcare system. Outbreaks of pathogenic strains have increased the demand for antibacterial components in numerous nations, with zinc oxide emerging as a promising option. This has to do with the fact that they are more effective against gram-positive bacteria than most nanoparticles. The growing impact of such microorganisms on food safety, particularly in the ready-to-eat segment, has fueled zinc oxide market product development. Zinc oxide's increasing use in antimicrobial packaging is likely to expand its biomedical applications. In 2020, the global zinc oxide market was worth over 1,400 kilotons, and it is predicted to rise at a CAGR of over 4% in volume over the forecast period (2021-2026). Growing demand from various end-use industries, as well as increased investments in R&D projects, are some of the key contributing factors driving the Global Zinc Oxide Market forward. Key Players • Bharat Zinc Ltd. • Ess Vee Alloys Pvt. Ltd. • Hindustan Zinc Ltd. • K A Wires Ltd. • Lords Chemicals Ltd.
Plant capacity: 12 MT per DayPlant & machinery: 181 Lakh
Working capital: -T.C.I: Cost of Project: 595 Lakh
Return: 31.00%Break even: 59.00%
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Bio-Organic Fertilizer from Tea Waste Manufacturing Business Plan

Organic fertilisers help maintain the environment and lower your monthly energy bills by decreasing the need for additional landscaping lighting. Organically produced plants normally taste better and are healthier for you, but they also help preserve the environment and lower your monthly energy bills. Tea waste produces one of the most intriguing types of organic fertiliser. After the tea leaves have been processed, tea waste or CTC pulps are obtained. The CTC (crush, tear, and curl) technique can be used on green, black, yellow, and white teas to produce different types of residues with different properties, depending on the tea variety and inherent characteristics. Tealeaves can be used not only to make great teas, but also as an organic fertiliser for your plants! Your plants will benefit from the added nutrients included in the leaves if you compost them, and this procedure may be done in the comfort of your own home. On the market are organic fertilisers that can be used to grow vegetables, fruits, and other plants without the use of pesticides or chemicals. Bio fertiliser, which is manufactured from tea waste, is one of these items. Tea waste contains a variety of minerals necessary for plant growth, as well as soil bacteria that are good to crops. Organic fertilisers are non-polluting, environmentally friendly fertilisers made from natural raw materials that do not affect plants, animals, or humans (provided they are used according to instructions). Organic fertilisers are used to deliver needed nutrients to the soil so that plants can flourish naturally. Animal and plant-derived substances such as Guano, compost, peat moss, seaweed extracts, blood and bone meal, and other organic fertilisers are available. Organic fertilisers made from tea waste are very effective. They're called organic fertilisers because the raw materials used in them are of natural origin, which means they don't contain any pesticides or herbicides. As a result, they have no negative effects on soil microorganisms, plant growth, or human health. There are numerous types of tea plants grown in our country, but black tea is one of the greatest crops for producing organic fertilisers. Black tea is high in biodegradable organic components such polyphenols, flavonoids, gallic acid, and tannins, which aid in the composting process by speeding up the process and acting as natural activators. The growing popularity of organic foods has boosted the demand for organic fertilisers. During the year, the biological organic fertiliser market is expected to increase at a CAGR of 13.3 percent (2021-2026). The COVID-19 pandemic has had an impact on the biological organic fertiliser market, causing it to grow slowly during this time period. Companies can gain profits after the first effects of the pandemic if the government implements effective policies and implements appropriate practises. One of the primary factors driving the growth of the biological organic fertiliser market is the rising use of organic farming. Two other factors that are boosting the market's growth are the emphasis on sustainable farming and government backing for businesses. The major markets are Asia-Pacific and Europe, followed by North America. India is one of the world's 12 mega-biodiversity countries. With only 2.5 percent of the land area, it already has 7-8 percent of the world's recorded species. Indian soils are losing carbon, putting the country's biodiversity at risk. Additional fertilisers (N+P+K) would be required to increase food production in India as the population grows. In 2017, the Indian fertiliser market was valued at INR 4,675 billion. Looking ahead, the market is expected to reach INR 9,987 billion by 2023, representing a CAGR of roughly 13% from 2018 to 2023. Key Players • A S A Imperial Commodities Ltd. • Accord Hydroair Pvt. Ltd. • Advance Cropcare (India) Pvt. Ltd. • Agro Chem Punjab Ltd. • Agro Extracts Ltd. • Amico Agrotech (O P C) Pvt. Ltd.
Plant capacity: 5 MT per dayPlant & machinery: 60 Lakh
Working capital: -T.C.I: Cost of Project: 381 Lakh
Return: 26.00%Break even: 44.00%
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Detailed Project Report on Aluminium Cans for Beverages

Carbonated and still soft drinks, mineral waters, beers, and lagers are increasingly often packaged in aluminium beverage cans. It competes well against glass, plastic, and steel drinks containers, and it is the only drinks container with closed loop recycling: a used aluminium drinks can is recycled back into aluminium can sheet, which is then used to make another aluminium drinks can. Because of aluminum's excellent thermal characteristics, the beverages can is swiftly chilled. It possesses good stiffness and strength without the drawbacks of a glass bottle, such as being fragile and dangerous when broken, and being significantly heavier than an aluminium can. It is lighter than steel, and even a steel beverage can relies on aluminium for the top of the can since the easier open end of the can can only be created in aluminium due to the better gauge and qualities of aluminium. Because aluminium is more malleable than steel, it is easier to manufacture; as a result, the two-piece can was born, with all but the top of the can stamped out of a single piece of aluminium rather than two pieces of steel. A label indicating the contents is either printed directly on the side of the can or affixed to the outside of the curved surface. The majority of aluminium cans are made up of two halves. A flat plate or shallow cup is used to "draw" or "draw and iron" the bottom and body. The "end" of the can is sealed onto the top of the can once it has been filled. Aluminium cans help to preserve the quality of food for a long time. Aluminium cans are completely impervious to oxygen, light, moisture, and other pollutants. They don't rust, are corrosion-resistant, and have one of the longest shelf life of any package. Aluminium is one of the most effective packaging materials for food. It is chosen for food goods without difficulty due to its many attractive qualities. During recessions, beverage cans have proven to be rather durable and have maintained their percentage in the pack mix. With less disposable income to spend in bars and restaurants, consumers are opting for at-home entertainment, which frequently favours the beverage can. Aluminium makes up almost 90% of all beverage cans in the world. Beverage cans are constructed entirely of aluminium in the United States, while steel is still utilised in other parts of Europe, Africa, and Asia. In North America and Europe, nearly all beverage cans are two-piece, however in China and Southeast Asia, three-piece steel beverage cans are still in use. In Sub-Saharan Africa and India, the beverage can market has been slow to expand. Can demand is likely to rise in the next years as incomes rise, retail infrastructure improves, and consumer tastes shift. The global aluminium cans market was valued at USD 957 billion in 2019. The market is predicted to grow at a CAGR of 3.25 percent between 2020 and 2025, reaching a value of USD 1159.5 billion by 2025.
Plant capacity: Aluminium Cans for Beverage Size 355 ml: 83,333 Pcs. per day | Aluminium Cans for Beverage Size 473 ml: 83,334 Pcs. per dayPlant & machinery: 39.33 Cr
Working capital: -T.C.I: Cost of Project: 56.55 Cr
Return: 1.00%Break even: N/A
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Business Plan for Manufacturing Prestressed Concrete Sleepers

One of the most essential applications of a railway track system is concrete sleepers. Prestressed concrete sleepers have good impact load characteristics and ultimate load carrying capability, but their fatigue life is short. The railway sleeper, which is located between the rail and the ballast, is an important railway component. Timber, concrete, steel, or other engineering materials can be used to make the sleepers, and concrete is widely utilised around the world. Prestressing is the act of applying a load to a deforming structure in order to make it better capable of withstanding a work load or deflecting less. Concrete sleepers have several disadvantages in addition to their benefits, such as longer life and strength. Their great weight necessitated specialist tools for laying and installation, as well as their manufacture casts, and their initial cost is nearly double that of hardwood timber sleepers. The places where cracking typically develops owing to tensile stresses are placed under compressive strain to largely offset this propensity, resulting in a significant reduction in cracking. Properly prestressed constructed sleepers can also greatly reduce cracking due to drying shrinkage. It is then employed in places where its freezing thawing endurance, which is slightly higher than that of comparable non-stressed sleepers, is required. Functions of Sleepers Sleepers serve the following purposes on a railway track: Maintain appropriate gauge on the rails at all times. In other words, precise gauge on straights and flat curves, slightly loose on sharp curves, and slightly tight in diamond crossings. Ensure that the rails are supported equally and firmly throughout. Distribute the load transmitted through rails over a vast area of ballast beneath the bridge or to the bridge girders, as needed. Maintain adequate rail level in turnouts and crossovers, as well as in the ward slope along straight tracks. The market is expected to increase at a CAGR of 5.96 percent from USD 104.03 billion in 2017 to USD 138.96 billion in 2022. Civil Engineering infrastructure, which includes track, bridges, and land, is the greatest static infrastructure of Indian Railways. The organization's vision must be followed when managing this massive infrastructure. All of these infrastructures are managed and maintained by Indian Railways' civil engineering department. It also plays a major role in the development of infrastructure, technical leaps in numerous industries, high-speed transit, and the creation of world-class stations. Trains are an essential part of our daily lives. Thousands of people go from one location to another, and thousands of tonnes of products are moved. Trains operate 24 hours a day, making them particularly useful for long journeys. While wealthy people can travel great distances by air, the middle and lower classes, who cannot afford the expensive air tickets, are completely reliant on trains for long excursions. Moreover, there are thousands of daily travellers that travel to other locations for business or services. To fulfil the rigorous criteria, automation in the sleeper sector strives to improve efficiency, achieve zero defects, and meet just-in-time supply requirements of not only Indian Railways, but also Metro Rail systems and Private Railway siding markets. Key Players • Alpine Housing Devp. Corpn. Ltd. • Bemco Sleepers Ltd. • Calcutta Springs Ltd. • Concrete Techno Project Ltd. • Concrete Udyog Ltd. • Daya Concretes Pvt. Ltd.
Plant capacity: 1,000 Pcs per DayPlant & machinery: 26.59 Cr
Working capital: -T.C.I: Cost of Project: 38.12 Cr
Return: 27.00%Break even: 40.00%
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Manufacturing Plant of Steel Shipping Container (Cargo Container)

Containerized shipping has revolutionised the way goods and materials are carried, but it can take some time to figure out how everything works. When it comes to transporting large cargoes across long distances, cargo containers are the most efficient mode of transport. These solid metal boxes may resemble something out of Star Wars, but they're actually a cost-effective and environmentally responsible way to move goods around the world, especially when compared to road or air freight. In the maritime trade, the containerization system of transportation consists primarily of specialised container vessels and containers for carrying products. The shipping lines furnish the containers to the shippers, either directly or through leasing agreements. Every year, the freight container sector produces a large number of intermodal containers. They're utilised all around the world to convey things. Each year, roughly 180 million container cargoes are transported across the oceans by about 5000 container ships. For global trade enterprises to thrive in today's increasingly competitive economic environment, international transportation of containerized commodities is essential. Containers are typically built of steel (for marine containers) or aluminium (for domestic containers), and their structure provides flexibility and hardiness. Intermodal and containerization development are mutually inclusive, self-strengthening, and rely on a set of driving forces linked to technology, infrastructure, and management. Containers are being used by some companies to transfer legacy applications to more modern settings. While this method provides some of the basic advantages of operating system virtualization, it does not provide all of the advantages of a modular, container-based application architecture. Refactoring is far more time-consuming than lift-and-shift migration, but it allows you to reap the full benefits of a container environment. Individual container building parts make it easier to isolate, deploy, and scale distributed systems and microservices. Using container technology, you can quickly build, test, and deploy your applications using the same container images. In 2019, the global Shipping Containers Market was valued at US$ 10,350.1 million and 306,324 thousand units, and it is predicted to grow at a CAGR of 5.9% from 2020 to 2027. Containerization's increasing speed, reliability, and safety have driven enterprises to use containers to ship their goods. Containerization is boosted even further by lower long-distance containerized transportation costs paired with trade globalisation. Container transport is expected to develop significantly by the end of 2015, according to Coherent Market Insights' analysis. As a result, these factors are projected to drive the worldwide shipping container market forward in the coming years. Key Players • D C M Hyundai Ltd. • J K Technosoft Ltd. • Techno-Cap Equipments India Pvt. Ltd.
Plant capacity: Cargo Containers (Size 20 Feet): 34 Nos per DayPlant & machinery: 3.21 Cr
Working capital: -T.C.I: Cost of Project: 18.13 Cr
Return: 28.00%Break even: 52.00%
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Business Plan for Micronutrient Fortified Energy Dense Food Manufacturing

Although most people think of protein as the nutrient that makes us feel full and gives us energy, micronutrients can also help us feel full and give us the energy we need to go through the day. Foods that have had their nutritional profile upgraded to add vitamins, minerals, or other nutrients that are helpful to our health but are deficient in the ordinary diet are known as micronutrient-fortified foods. Micronutrient-fortified food aids in the prevention of chronic diseases such as obesity, diabetes, and heart disease by boosting the consumption of micronutrients (vitamins and minerals) that could otherwise be insufficient in the diet. Many micronutrients, such as vitamins C and B6, folic acid, zinc, and magnesium, play a role in maintaining a healthy body weight and blood sugar levels. We need to consume certain critical vitamins and minerals every day for health reasons, and failing to do so can lead to a variety of health problems in the future. Deficiencies in one or more micronutrients, such as iron, zinc, and vitamin A, are common in low- and middle-income nations, limiting millions of people's physical and cognitive abilities. Food fortification is a low-cost method that has been shown to provide health, economic, and social benefits. Despite ongoing debates about the effectiveness and safety of food fortification in some countries and around the world, the practise has significant benefits across all of the main vehicles for food fortification (large-scale food fortification, bio fortification, and point-of-use or home fortification), ranging from lowering the prevalence of nutritional deficiencies to societal and economic benefits. Micronutrient deficiencies are caused by a lack of nutrient-dense foods in the diet, as well as nutrient losses through poor diets, illnesses, and blood loss during menstruation (women of reproductive age). Micronutrient needs are particularly high during early growth, pregnancy, and lactation. Several country-level studies on the impact of food fortification on micronutrient status have yielded encouraging results. In Indonesia, for example, a study conducted in two districts of West Java evaluated the effects of large-scale fortification on the vitamin A status of women and children and discovered that fortified oil increased vitamin A intake close to the recommended nutrient intakes, contributing on average 26 percent of daily need for children aged 12 to 23 months, 38–40 percent for older children, and 29–35 percent for women. The market for fortified foods is expected to reach $172.4 million in 2020, growing at a CAGR of 6.1 percent from 2021 to 2026. Foods that have been supplemented with nutrients that are not naturally present in them are known as fortified foods. These foods are intended to improve nutrition and provide health benefits. Calcium could be supplied to fruit juice extracts, for example, because milk is usually fortified with vitamin D. The global market for fortified foods is being driven by a growing awareness of the need of maintaining a disease-free and healthy lifestyle. Additional microelements, such as major trace elements and several vitamins, are provided through fortified foods. The term "enhanced food" refers to food that has been fortified with nutrients that were lost during preparation. Furthermore, following processing, many refined grains, such as wheat flour, can be treated with folic acid, riboflavin, and iron. This is aimed at restoring the body's natural vitamin levels. Key Players • Hindustan Foods Ltd. • Natureland Organic Foods Pvt. Ltd.
Plant capacity: Micronutients Fortified Energy Dense Food (Rice): 1,600 Kgs per DayPlant & machinery: 23 Lakh
Working capital: -T.C.I: Cost of Project: 56 Lakh
Return: 27.00%Break even: 66.00%
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Camphor Powder (Technical Grade) Making Business

Camphor (Cinnamomumcamphora) is a white, crystalline material obtained from the wood of the camphor laurel (Cinnamomumcamphora) and other related laurel trees. Camphor is a fragrant evergreen tree native to China, India, Mongolia, Japan, and Taiwan, and a variation of it is grown in the Southern United States, particularly in Florida. Camphor is made by steam distilling, purifying, and sublimating the tree's wood, twigs, and bark. Camphor is used as a topical analgesic, antibacterial, antispasmodic, antipruritc, antiinflammatory, antiinfective, rubefacient, contraceptive, mild expectorant, nasal decongestant, cough suppressant, and many more pharmacological purposes. Camphor is easily absorbed through the skin and can also be given as an injection, inhaled, or swallowed. Camphor, also known as camphor powder (technical grade) or camphor oil, is an organic chemical that comes in the form of white crystals or crystalline powder and has a minty odour and a faint numbing taste. Its CAS number is 458-28-4. Camphor Powder (Technical grade) (CAS-No. 458-28-4) has a molecular weight of 164.23g/mol and is discovered to be the principal component in this type of product. Camphor powder, commonly known as camphor crystals, is derived from the wood of Cinnamomum trees. The bark and leaves of these trees are used to manufacture essential oils and medicine in China, Southeast Asia, and India. Camphor has been used as a pain reliever since ancient Greece and Rome, and it is still a common ingredient in ointments, liniments, and balms today. Some cosmetics and colognes contain it as well. Camphor powder is a solid derived from the Camphor tree, an evergreen tree endemic to Asia, particularly the southern sections of China and Taiwan. It's found in a variety of items, including soaps, detergents, and chewing gum, to impart a minty or mentholated aroma and/or flavour. It also acts as an antiseptic, killing germs and bacteria. Camphor used to be manufactured by distilling the camphor tree's bark and wood. Camphor is now produced chemically from turpentine oil. Vicks VapoRub, for example, contains it. Camphor products can be applied topically on the skin or breathed. Camphor is applied topically to ease pain and irritation. It's also been used to treat toenail fungus infections, warts, cold sores, haemorrhoids, and osteoarthritis. Camphor is applied topically to enhance local blood flow and as a "counterirritant," which causes discomfort to lessen pain and swelling. Camphor should not be applied to broken skin since it can quickly enter the bloodstream and reach high enough amounts to induce poisoning. Over the next five years, the global camphor market is expected to develop at a CAGR of 7.9%. The growing demand for camphor in the manufacture of medicine for various disorders is projected to propel the camphor market forward in the approaching years. Camphor, also known as camphor powder (technical grade) or camphor oil, is an organic chemical that comes in the form of white crystals or crystalline powder and has a minty odour and a faint numbing taste. Its CAS number is 458-28-4. Camphor Powder (Technical grade) (CAS-No. 458-28-4) has a molecular weight of 164.23g/mol and is discovered to be the principal component in this type of product. Camphor powder, commonly known as camphor crystals, is derived from the wood of Cinnamomum trees. The bark and leaves of these trees are used to manufacture essential oils and medicine in China, Southeast Asia, and India. Camphor has been used as a pain reliever since ancient Greece and Rome, and it is still a common ingredient in ointments, liniments, and balms today. Key Players • Camphor & Allied Products Ltd. • Kanchi Karpooram Ltd. • Mangalam Organics Ltd. • Oriental Aromatics Ltd. • Oriental Aromatics Ltd. • Saptagir Camphor Ltd.
Plant capacity: 600 Kgs Per dayPlant & machinery: 96 Lakh
Working capital: -T.C.I: Cost of Project: 160 Lakh
Return: 29.00%Break even: 67.00%
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Detailed Project report on Manufacturing of Sterile Water for Injection

SWFI (Sterile Water for Injection, USP) is sterile water for injection that has been purified by reverse osmosis and deionized using modern technologies to meet or exceed USP criteria for sterility, physical characteristics, and purity. The ionic content of SWFI is less than 10 mg/L. (TDS). Water is frequently utilised in therapeutic applications as a vehicle or dilution for other drugs. SWFI (Sterile Water for Injection) is sterile water that has been sterilised and disinfected to be used as an injection. SWFI is used to deliver injections to patients or to prepare and clean an area before providing an injection in both hospitals and doctors' offices. Sterile Water for Injectable (USP) is a sterile, non-pyrogenic injection water. The pH ranges from 3.5 to 7.0, with an osmolality range of 50 to 300 mOsm/kg (calc). The most common sterile preparations are solutions or suspensions, however solid pellets for tissue application are also possible. Parenteral drug manufacture has evolved into a highly specialised field of pharmaceutical processing. The backbone of sterile formulation and/or pharmaceutical dosage form is sterile facilities for all pharmaceutical products, particularly parentral preparation. It is critical to maintain sterility in all locations where the formulation process is carried out, from the beginning to the end. Because they are injected directly into the bloodstream, sterile injectable products are extremely important and delicate. Sterile Water for Injection is only intended to be used as a solvent or diluent vehicle for parenterally delivered medications or solutions, as well as a source of water for parenteral fluid replenishment once appropriate additives have been added to prevent blood tonicity. It can be used as a lavage or rinsing agent in some circumstances, although if available, isotonic solutions adequate for the area of exposure are preferred. Sterile Water for Injection provides a supply of water for parenteral fluid replenishment when adequate osmolarity has been attained when supplied intravenously as a medication vehicle. By 2025, India's biotechnology industry, which includes biopharmaceuticals, bioservices, bioagriculture, bioindustry, and bioinformatics, is predicted to develop at a 30 percent annual pace to reach US$ 100 billion. The rise in lifestyle disorders such as diabetes and heart disease has increased demand for pharmaceuticals in India. India has a big reservoir of scientific and research talent, as well as a large population with high cancer and chronic disease rates. India is a suitable location for drug research and clinical trials due to its shorter recruitment timeframes and reduced expenses. By 2025, the Indian pharmaceutical sector is estimated to be worth US$ 100 billion, while the medical device market would be worth US$ 25 billion. In FY20, India's pharmaceutical exports totaled US$ 20.70 billion. Bulk pharmaceuticals, intermediates, drug formulations, biologicals, Ayush and herbal items, and surgical products are all examples of pharmaceutical exports. Key Players • Albert David Ltd. • Amanta Healthcare Ltd. • Chandra Bhagat Pharma Ltd. • Denis Chem Lab Ltd. • Health Biotech Ltd. • Ivy Health & Life Sciences Pvt. Ltd.
Plant capacity: Ampoules 5 ml Size: 200,000 Nos. per day | Ampoules 10 ml Size: 150,000 Nos. per day | Ampoules 20 ml Size: 150,000 Nos. per dayPlant & machinery: 19.33 Cr
Working capital: -T.C.I: Cost of Project: 30.40 Cr
Return: 27.00%Break even: 39.00%
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Business Plan for Polyester Textured Yarn from Used Pet Bottle

Polyester Texturised Yarn, also known as polyester filament, polyester filaments, or polyester staple fibre, is a tightly woven yarn that has been texturized with finer filament cones. High Tenacity (HT) and High Twist (HT) are two subcategories of polyester texturised yarn (HT). HTY has the most tenacity and twist, while HTY and HTY are well balanced in terms of tenacity and twist. Polyester texturised yarn (also known as PT yarn) is a form of fabric that has the appearance and feel of cotton. It combines the strength and durability of polyester with the warmth, softness, and comfort of cotton, and it may be used for apparel as well as home décor items like bedding, curtains, slipcovers, and cushions. PT yarn is made up of microfibres that are stretched on both sides, resulting in a looped pattern that gives it its textured appearance. Choosing this sort of fabric over natural fabrics has a number of advantages, including cost savings and a greater number of possible combinations when designing clothing or any other project. When it comes to polyester texturised yarn, there are a plethora of possibilities. It can be found in a variety of garments, including socks, cardigans, underwear, and head scarves. It can also be used to make carpets, handbags, and other related items in the textile business. Yarns are spun fibres that are used to make textiles and other yarn-related items. Yarn can be created from nearly any fibre, but it is most usually made from animal hair like sheep's wool, cotton, or synthetic fibres like polyester or nylon. PET (Poly-Ethylene Terephthalate) is a type of plastic that is commonly used nowadays. PET bottles are everywhere in our daily lives–all one has to do is look around to see a PET bottle containing mineral water or soft drink, or being utilised for various purposes. PET bottles have a lot of value after they've been used, and recycled PET (r-PET) can be used in a range of applications. Waste collectors are highly interested in post-consumer PET bottles because of this. Waste collectors pay Rs.20-25/kg for discarded PET bottles. These bottles are purchased by kabadiwallahs, or garbage dealers, who hire individuals to sort, segregate, and sell the bottles to large vendors or recyclers. Discarded PET bottles are collected, sorted, cleaned, shredded, and made into 'washed flakes,' which are then used to make a variety of products, starting with polyester fibre, which is used as filling material for cushions and pillows, and then converted to fabrics for use in clothing, upholstery, and other applications. Polyester Yarn market size is estimated to increase at a CAGR of 7.4% from 2021 to 2025, reaching USD 110580 million by 2025, up from USD 83210 million in the previous research period. Because of its better physical characteristics, cheaper price, adaptability, and recyclability, polyester is the most desired and demanded fibre in the textiles business, providing a unique set of features unmatched by any other natural or synthetic fibre. The textile industry is seeing an increase in demand for both drawn texture yarn and fully drawn yarn. However, due to advancements in post-treatment technology and the reduced cost of fully drawn yarn, it is expected to overtake drawn texture yarn in the next years. Recycling polyester, performance and functional wear fabrics, home textiles, and other applications are included in this area. As the clothing, fashion, and retail industries move toward the development and manufacture of new items, demand for recycled polyester yarn is increasing. The idea of employing recycled polyester in many industries is gaining traction in developed countries around the world. Incorporating recycled polyester Yarn yarns derived from plastic bottles into garment products is becoming more common. Key Players • Agrawal Indotex Ltd. • Ajay Spinners Ltd. • Arisudana Industries Ltd. • Base Industries Ltd. • C I L Nova Petrochemicals Ltd. • Central India Polyesters Ltd.
Plant capacity: 50 MT Per DayPlant & machinery: 19.08 Cr
Working capital: -T.C.I: Cost of Project: 38.44 Cr
Return: 28.00%Break even: 54.00%
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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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