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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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Rice Husk based Biodegradable Cutlery Making Plant

Early adopters of biodegradable cutlery, which has emerged as a preferred alternative to plastics, can be found all over the world. Bagasse, rice husk, coconut coir, and other plant biomass resources are being used to make environmentally friendly cutlery, tableware, and packaging products that are expected to gain prominence in the future decade. Rice husk is a surprise tough material that can resist a lot of abuse and lasts a long time. Rice husk cutlery is one of the most durable biodegradable silverware solutions, withstanding temperatures of above 100°C without harm. This reusable tableware's smooth, shiny surface is made completely of natural wax produced from rice husks. Biodegradable Biodegradable cutlery includes knives, forks, chip forks, coffee stirrers, spoons, and teaspoons. The goods, which are made of renewable resources and come from well-known brands like Plastico and Vegware, are all food-grade. Biodegradable cutlery is created from a variety of compostable and biodegradable natural materials, such as sugarcane bagasse, bamboo, paper pulp, palm leaves, agricultural waste, and other disposable materials (cornstarch-based PLA plastic is also a sustainable alternative but is not capable of breaking down on its own in normal conditions). To the nth degree, environmentally friendly: Rice husk is a greener and healthier alternative to disposable plastic cutlery because it is made from industrial waste. Rice husk cutlery is a long-lasting and reusable material that can last up to three years depending on temperature and maintenance. As a result, these flatware pieces are perfect for gatherings, fast-food establishments, and restaurants. Unlike plastic silverware, rice husk cutlery does not melt when exposed to extreme heat or cold. As a result, they will outlast the disposable plastic ones. You can even microwave them to warm them up! At picnics, vacations, and work, people may now enjoy their food without the humiliation that comes with using throwaway silverware. The biodegradable cutlery market is growing in response to rising demand for disposable and low-cost utensils in many developing economies. They've gained popularity at a variety of major gatherings, including parties, rallies, and social events. The demand for reusable spoons and plates is steadily expanding at a variety of parties and large events. Several social gatherings and huge sporting events have attempted to popularise biodegradable tableware in recent years. Exotic designs have also been released by manufacturers. As a result of these policies, the market for biodegradable flatware has exploded. According to market participants, biodegradable cutlery is also emerging as a viable cost-effective solution, as the usage of single-use plastics has drawn criticism from a variety of corners around the world. To market premium commodities like rice husk dinnerware, manufacturers in emerging economies are increasingly resorting to e-commerce. The rise of the biodegradable cutlery industry has been aided by the increasing prevalence of e-commerce in various sectors of these emerging nations. In 2018, the global biodegradable cutlery market was valued USD 33.9 million, and it is expected to increase at a 5.9% CAGR from 2019 to 2025. The increased public awareness of the negative effects of non-biodegradable rubbish is predicted to enhance market growth. The government has made non-biodegradable plastic illegal, with rigorous regulations in place. Government initiatives to support the industry, as well as increased public awareness of the dangers of non-biodegradables, are likely to fuel growth.
Plant capacity: Biodegradable Cutlery (Per Set 6 Pcs. Flatware): 1,852 Sets Per DayPlant & machinery: 28 Lakhs
Working capital: -T.C.I: Cost of Project: 222 Lakhs
Return: 27.00%Break even: 52.00%
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Set up NPK Complex Organic Fertilizer Plant

Fertilizers are soil additions that help plants develop more quickly. Nitrogen, phosphorous, and potassium are the most common nutrients in fertilisers, with other elements being added in smaller amounts. In terms of weight, macronutrients such as nitrogen (N), phosphorus (P), and potassium (K) are the most significant nutrients for plants (i.e. NP-K). Ammonia is the primary source of nitrogen. Urea is the most common chemical used to make nitrogen available to plants. Superphosphate, commonly known as ammonium phosphate, is the most common type of phosphorus. Potassium is obtained from potassium muriate (Pottasium Chloride). Because it primarily contains the three necessary nutrients, synthetic macronutrient fertiliser is also known as artificial or straight fertiliser. N-P-K fertilisers that have been purposely combined with additional components are known as compound fertilisers. Fertilisers are classified based on the combination of these three variables. The crop depletes soil resources by removing a significant quantity of plant nutrients, particularly NPK nutrients, which are estimated to be 125 kg/ha/year at the current level of crop output, despite an annual input of only 75 kg. Excessive reliance on chemical fertilisers, as well as a disdain for the conservation and use of organic sources of nutrients, has resulted in soil nutrient depletion and soil health issues, making sustained gains in agricultural output difficult. 1. Organic fertiliser provides all of the nutrients required by plants, albeit in little amounts. 2. It aids in the preservation of the soil's C:N ratio while also enhancing fertility and productivity. 3. It improves the physical, chemical, and biological properties of the soil. 4. It improves the structure and texture of the soil. 5. It increases the water-holding capacity of the soil. 6. An increase in biological activity makes nutrients in the lower depths available to the plants. 7. It works as efficiently as possible, lowering soil moisture evaporation losses. India's principal agricultural products include pulses, wheat, rice, peanuts, potatoes, and onions. As a result of the country's ongoing population growth and rising need for food crops, the demand for fertilisers has increased. As a result of expanding urbanisation and diminishing arable land, Indian farmers are aggressively adopting fertilisers to enhance their production. Furthermore, the Indian government is pursuing measures and offering subsidies through KrishiVigyan Kendra (KVKs) to create high-quality seeds and cluster frontline demonstrations, which is driving up demand for fertilisers. The National Food Security Mission (NFSM), for example, is boosting food productivity through a number of projects. They also reduce the need for fertiliser imports, making it easier for India to create its own. Furthermore, governments are assisting farmers through a range of schemes and the introduction of new technology to manufacture better fertilisers at reduced prices, which is positively boosting market growth. During the following five years, the market is expected to grow at a CAGR of 4.8 percent (2022-2027). Organic fertilisers are made from human waste, animal waste, and vegetable materials (usually rotten or non-consumable by humans). Naturally occurring organic fertilisers include animal waste from meat processing factories, peat, slurries, manures, and guano. Organic fertilisers are less harmful to the environment because they are made from naturally occurring materials. Because many fertilisers find their way into human diets, adopting organic fertilisers reduces the risk of sickness. Some of the most popular organic fertilisers on the market include blood meal, bone meal, composites, earthworm castings, bat guano, fish emulsion, alfalfa meal, feather meal, and rock phosphate. Once the nutritional requirements of the crop have been calculated, organic fertilisers are usually chosen. The coronavirus epidemic is wreaking havoc on Southeast Asia's fertiliser industry, disrupting fertiliser distribution both inside and between markets in the Asia-Pacific region. Malaysia has imposed a curfew, but fertiliser producing factories have been allowed to continue functioning due to their importance to the country's food supply. Industry Major Market Players • Borealis AG • Yara • Agrium Inc. • ICL • EuroChem Group AG • PhosAgro • CARBOTECNIA SL • Haifa Chemicals Ltd. • SKW Stickstoffwerke Piesteritz GmbH • J.R. Simplot Company
Plant capacity: 12 MT Per DayPlant & machinery: 114 Lakhs
Working capital: -T.C.I: Cost of Project:417 Lakhs
Return: 25.00%Break even: 53.00%
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Badminton Rackets Manufacturing Business

Badminton rackets manufacturing is a company that helps people learn to play badminton and provides them with the essential equipment. However, because beginning a Badminton Rackets manufacturing business from the ground up can be difficult, learning how to start your own Badminton Rackets manufacturing business may make sense if you are interested in this field. We'll go over some of the options for getting started. A racket, or racquet, is used to strike a shuttlecock in games such as squash, badminton, racquetball, badminton, and padel. A racket is a handled frame with an open hoop across which a network of strings is stretched firmly in its most basic form. Some rackets have a solid or perforated hitting surface instead of a network of strings. Such rackets are commonly referred to as paddles or bats. These games are collectively known as racket sports. Badminton rackets are light, with top-quality rackets weighing between 70 and 95 grammes. Modern rackets are made of carbon fibre composite (graphite reinforced plastic), which can be added with a variety of materials. Carbon fibre has a high strength-to-weight ratio, is stiff, and efficiently transfers kinetic energy. Prior to the use of carbon fibre composite, rackets were made of wood due to their enormous weight and cost. Although the game's laws regulate the size and shape of badminton rackets, there is a wide range of racket designs. Varied players choose rackets with different playing characteristics. Modern rackets increasingly include an isometric head shape, however the original oval head design is still available. Europe and the Americas have far less badminton lovers than Asia and Southeast Asia. It's very popular in the Nordic countries, especially Sweden. Indoor sports such as badminton are quite popular since the region is impacted by the region, the temperature is low, and the night is even in the winter. Badminton is a popular sport in other parts of Europe and the United States, but its financial potential is limited due to its small population base. The market will not grow much in a short period of time, despite the good development trend. The global badminton racket market was valued $580 million in 2018 and is predicted to reach $980 million by 2025, with a CAGR of 6.7 percent from 2019 to 2025. The purpose of this study is to define, segment, and predict the Badminton Racket market by company, product type, end user, and main geographic regions. Industry Major Market Players • Yonex • VICTOR • RSL • Lining • GOSEN • KAWASAKI • Carlton Sports • Wilson Sporting Goods • Babolat • Apacs Sports • COSCO India Ltd. • Silver Sports India
Plant capacity: 1000 Pcs Per Day Plant & machinery: 81 Lakhs
Working capital: -T.C.I: Cost of Project: 353 Lakhs
Return: 30.00%Break even: 64.00%
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Setup Curcumin Extraction Unit

Turmeric is a golden spice derived from the rhizomes of Curcuma longa, a member of the ginger family (Zingiberaceae). It is widely utilised in India for a variety of purposes, including health, food preservation, and textile dyeing. Underground horizontal stems that develop roots and branches are known as rhizomes. Turmeric's brilliant yellow colour comes from curcuminoids, fat-soluble polyphenolic pigments. Curcumin, the most active curcuminoid in turmeric, is widely acknowledged as the most active component. Demethoxycurcumin and bisdemethoxycurcumin are two additional curcuminoids discovered in turmeric. Turmeric has been used as a spice and colour in India for ages, as well as for medicinal purposes. Curcumin is the most physiologically active phytochemical in turmeric. Curcumin's molecular chemical formula is C21H20O6. Curcuminoids, which make up around 6% of organic turmeric, and yellow colouring principles, of which Curcumin makes up 50-60%, are the most important components. Because of its well-known health-promoting and disease-preventive characteristics, curcumin is extracted and studied. Curcumin purification from 95% to 100% does not boost bioavailability, but it does significantly increase manufacturing costs. Turmeric has a long history of usage in Indian medicine. To name a few of its qualities, it is stomachic, carnivore, tonic, blood purifier, vermicide, and antiseptic. Curcumin, turmeric's main ingredient, has been found to have a number of medicinal properties. It protects against free radical damage since it is a powerful antioxidant. Curcumin has also been proved to be an effective anti-inflammatory agent. It accomplishes this by lowering histamine levels in the body and maybe enhancing natural cortisone synthesis in the adrenal glands. Curcumin also defends the liver against a variety of toxins. Curcumin is a spice that gives a variety of meals their colour. A comprehensive list of such foods may be found in the Draft Codex General Standard for Food Additives. Dairy products, fats, oils, and fat emulsions, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces, and protein products, foodstuffs for specific nutritional purposes, beverages, ready-to-eat savouries, and composite foods are all allowed to contain curcumin. Curcumin is used at levels ranging from 5 to 500 mg/kg, depending on the dietary category. Turmeric has a long history of usage in Indian medicine. To name a few of its qualities, it is stomachic, carnivore, tonic, blood purifier, vermicide, and antiseptic. Curcumin, turmeric's main ingredient, has been found to have a number of medicinal properties. It protects against free radical damage since it is a powerful antioxidant. Curcumin has also been proved to be an effective anti-inflammatory agent. It accomplishes this by lowering histamine levels in the body and maybe enhancing natural cortisone synthesis in the adrenal glands. Curcumin also defends the liver against a variety of toxins. Curcumin is a spice that gives a variety of meals their colour. A comprehensive list of such foods may be found in the Draft Codex General Standard for Food Additives. Dairy products, fats, oils, and fat emulsions, confectionery, cereal products, bakery wares, meat and meat products, fish and fish products, eggs and eggs products, spices, soups, sauces, and protein products, foodstuffs for specific nutritional purposes, beverages, ready-to-eat savouries, and composite foods are all allowed to contain curcumin. Curcumin is used at levels ranging from 5 to 500 mg/kg, depending on the dietary category. Curcumin's market exceeded USD 70 million in 2020, with a CAGR of more than 11% expected between 2021 and 2027. Curcumin is a substance that is often used to treat cancer, Alzheimer's disease, and other serious illnesses. It's also used to treat cancer, arthritis, and viral infections, so the pharmaceutical sector will continue to want it. Curcumin's anti-inflammatory and antioxidant properties, as well as its use in ayurvedic medical formulations, will increase demand for curcumin-based nutritional supplements. Curcumin's benefits in decreasing depression, metabolic syndrome, and cholesterol management are expected to drive market growth throughout the forecast period. Industry Major Market Players • BioMax Life Sciences • Hebei Tianxu Biotech Co.,Ltd • JIAHERB, INC. • Synthite Industries Ltd • BioThrive Sciences • Herboveda India Pvt. Ltd • Sabinsa Corporation • The Green Labs LLC • WackerChemie AG • Hindustan Mint & Agro Products Pvt. Ltd. • Arjuna Natural Extracts Ltd. • SV Agrofood • Star Hi Herbs Pvt. Ltd. • Helmigs Prima Sehejtera P.T • SMP Nutra
Plant capacity: Curcumin Powder: 100 Kgs per day Turmeric Oil: 48 Kgs per day Deoiled Turmeric: 1,842 Kgs per dayPlant & machinery: 215 Lakhs
Working capital: -T.C.I: Cost of Project: 493 Lakhs
Return: 27.00%Break even: 64.00%
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Pre-Feasibility Report for Production Linear Alkyl Benzene Sulphonic Acid

Linear alkyl benzene sulphonic acid is the most extensively used synthetic surfactant due to its inexpensive cost, good performance, ability to be dried to a stable powder, and biodegradable environmental friendliness. An anionic surfactant, LAB Sulphonic Acid is extensively used in the manufacturing of household detergent powders, cake and dishwashing cleaners. Linear alkyl benzene sulfonic acids are complex mixtures of homologues of different alkyl chain lengths (C10 to C13 or C14) and phenyl positional isomers of 2 to 5-phenyl in proportions dictated by the starting materials and reaction conditions, each containing an aromatic ring sulfonated at the para position and attached to a linear alkyl chain at any position except the terminal one (1-phenyl). The physical and chemical properties of linear alkyl benzene sulfonic differ depending on the length of the alkyl chain, resulting in formulations for a variety of applications. LAS is the most extensively used synthetic surfactant due to its inexpensive production cost, outstanding performance, and ability to be dried to a stable powder. It's also biodegradable and safe for the environment. More than 80% of the time, LAS is used in the manufacturing of detergents. In textile production, it can also be employed as a wetting or dispersion agent. LAS can be used in both acidic and alkaline formulations and is available in liquid and powder form. It's also compatible with other surfactants. Because of its biodegradability and compatibility with other surfactants, LAS is an excellent candidate for detergent production. It can be mixed with other non-ionic and cationic surfactants to improve the cleaning ability of detergents. • HI&I (High-Intensity and Low-Intensity • Industrial auxiliaries • Oil fields • Agriculture • Emulsion polymerization • Metalworking • Paints & coatings • Laundry detergents An increase in demand for liquid detergents in various end-use industries such as food & beverage, textiles, and household across the globe is driving the global linear alkyl benzene sulfonic acid market. Linear alkyl benzene sulfonic acid has excellent foaming properties and helps remove stains by reducing the surface tension of the water. Other surfactants, such as alcohol ether sulphates (AES), compete with linear alkyl benzene sulfonic acid because they are more enzyme compatible, have a higher hard-water tolerance, and are softer. These factors are predicted to stymie the global market during the forecasted years. On the other hand, manufacturers of linear alkyl benzene sulfonic acid are likely to benefit from high AES prices and a scarcity of supply. Based on application, the market is split into Detergent, Emulsifier, Coupling Agent, and Agricultural Herbicides. Detergent Surfactants like linear alkylbenzene sulfonic acid can be found in laundry detergents and powders. It dissolves in water and forms foam, which helps remove dirt from garments by forming a lather. The primary purpose of adding Linear Alkylbenzene Sulfonic Acid to a detergent is to improve cleaning performance and extend the time a stain remains on garments. Emulsifier In detergents, LABSA (Linear Alkylbenzene Sulfonic Acid) is a synthetic emulsifier and wetting agent. Pharmaceuticals, food processing, oilfield chemicals, and water treatment chemicals are among the industries where it can be employed to improve product performance. Linear alkyl benzene sulfonic acid is used in pharmaceuticals, food processing, oilfield chemicals, and water treatment chemicals to improve the performance of their products. Coupler's Agent Alkylated phenols, such as octylphenol ethoxylates and nonylphenol ethoxylates, are mixtures of branched-chain tertiary alcohols with seven to nine carbon atoms and the formula: where R is a branched alkyl or alkenyl group, and the Linear Alkylbenzene Sulfonic Acid in Coupling Agent is used to make them. Nonionic surfactants created with linear alkylbenzene sulfonic acid include nonylphenol polyethylene glycol ethers (NPEs), octylphenol polyethylene glycol ethers (OPEs), and dodecyl phenol-polyoxyethylene(20)glycol ether. Agricultural Herbicides To control weeds, linear alkylbenzene sulfonic acid is utilised in agricultural herbicides. It's made from petroleum, shale oil, or coal tar, and it's used to make a range of different chemicals, including pesticide esters. It can be used to get rid of weeds in a field or on concrete surfaces, as well as to keep harmful plants from growing. Its active ingredient, sodium dodecylbenzene sulfonate (LABSA), destroys plant roots while also preventing them from sprouting in the future. The global Linear Alkyl Benzene Sulphonic Acid market was valued at USD 3606.9 million in 2020, and it is expected to grow at a CAGR of 3.5 percent from 2021 to 2027, reaching USD 4601.4 million by 2027. There are two forms of LABSA: LABSA 96 percent and LABSA 90 percent. As a result of LABSA's washing function, downstream application industries will require more LABSA goods. As a result, LABSA has a large market potential in the future. Manufacturers are attempting to enhance technologies in order to create LABSA with high purity and performance. Industry Major Market Players • CEPSA • Sasol • KAPACHIM • Stepan • SK • Fogla Group • New India Detergents • ISU Chemical • Solvay • Dada Surfactants • Huntsman • Kao • Tufail • Hansa Group • Miwon Chemical • NCSP • FUCC • Lion • Ho Tung • Nanjing Gige
Plant capacity: 60 MT Per DayPlant & machinery: 550 Lakhs
Working capital: -T.C.I: Cost of Project: 5190 Lakhs
Return: 27.00%Break even: 58.00%
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Tennis Rackets Manufacturing Business

During a game of tennis, a tennis racquet is used to hit a ball. As sports become increasingly vital in controlling body metabolism and developing physical strength, tennis is projected to rise in popularity among health-conscious people. A racket is a sport that consists of a handled frame and an open hoop across which a network of strings or catgut is stretched taut. In sports like tennis, it's used to hit a ball. Over the years, racket design and production have changed tremendously. Tennis equipment is the equipment that is required to play tennis. A racket, tennis ball, shoes, and a dress code are all required for the sport. Aside from the players, the tennis court necessitates the use of a net to divide each player's playing area. Rackets are made of a variety of metals and woods. There are no restrictions on the size or materials used in the construction of a racket. It has an oval head and a neck that gradually widens as it connects the narrow grip to the head of the racket. The head of the racket is tightly woven with strings of various materials, such as nylon, gut, or synthetic gut. The handles are covered in leather or nylon for a better grip. Between 2020 and 2030, the tennis racket market is estimated to reach a value of over US$ 700 million, rising at a CAGR of 3.5 percent. The tennis racket market has had a historical CAGR of about 1% during the period (2015-2019), and is predicted to reach a valuation of US$ 214 million by 2030, thanks to modest growth in mature nations such as North America and Europe. The participation of Millennials and Generation Z has increased. Millennials and Gen Z have had low discretionary spending for many years, and as a result, their leisure spending has been low as well. As these generations have grown older and gained more discretionary income, they have increased their spending on a range of activities. This has proven tremendously beneficial to the tennis industry's growth and demand for tennis equipment, and it is expected to continue to do so in the future. Investments in instilling a healthy lifestyle have increased in recent years. Governments and sports organisations have been at the forefront of change for many years. Efforts to expand sports participation, with a concentration on tennis, have been extensively recognised in nations such as India, the United Kingdom, and China. The tennis equipment industry is being driven by the growing popularity of tennis around the world. Tennis has grown in popularity around the world as a result of an increase in tournaments and promotional initiatives. Tennis is popular in many nations, including Australia, the United States, France, Germany, Russia, and Spain. Tennis has become more popular in Asia and the Pacific. The Commonwealth Games in New Delhi (India) in 2008 reinforced this popularity. As individuals become more aware of the benefits of sports in maintaining fitness and health, tennis participation has grown around the world. Tennis has also gained in popularity as a means of improving health in affluent countries such as Germany, France, and the United States, particularly among the elderly. It also offers other advantages, such as improving aerobic activities, lowering resting heart rate and blood pressure, boosting metabolic function, and increasing bone density. Cardio tennis is also becoming increasingly popular among people of all ages. It's a group exercise that incorporates a high-intensity workout, a warm-up, and a cardio workout to help you burn calories in a healthy way. Cardio tennis is an excellent method to stay current with fitness and group exercise trends. Industry Major Market Players • YONEX Co., Ltd. • Sumitomo Rubber Industries, Ltd. • HEAD • Babolat • Amer Sports • GAMMA Sports • PACIFIC Holding GmbH • Maus Frères SA • Authentic Brands Group LLC • Freewill Infrastructures Pvt. Ltd.
Plant capacity: 400 Pcs Per DayPlant & machinery: 81 Lakhs
Working capital: -T.C.I: Cost of Project: 345 Lakhs
Return: 30.00%Break even: 65.00%
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Production of Stainless Steel Cold Rolled Coil using Stainless Steel Scrap

Cold rolling is a work hardening treatment for stainless steel that is widely used to alter the metal's structure. Cold rolled stainless steel is utilised as a raw material in a variety of medical, aerospace, and automotive applications. Continue reading to learn more about cold rolled steel, including what it is, how it is manufactured, and what applications it can serve. Cold rolling steels' primary purpose is to reduce the thickness of hot rolled steel strips (usually 1.5 mm to 5 mm) to thinner thicknesses (normally 0.12 mm to 2.5 mm) that are impossible to achieve in a hot strip mill. Cold rolling is used to improve the surface polish of steels, improve thickness tolerances, provide a variety of 'tempers,' improve physical attributes, and prepare the strip for surface coating, among other things. Hot rolled steel strips are cold rolled at room temperature, below the temperature of recrystallization. In the cold rolling method, the hot rolled strip is usually not heated before being rolled. Frictional energy, on the other hand, is converted to heat at the contact surfaces of the strip. This heat might boost the temperature of the strip being rolled from 50 to 250 degrees Celsius in a rapid adiabatic process. Cold rolling of pickled hot rolled strip is achieved by passing steel strip through a rolling machine with an entry end reel for uncoiling the pickled hot rolled coil and an exit end reel for coiling the cold rolled strip. The cold reduction is done in the middle by one or more (typically up to six) rolling mill stands. Each mill stand uses vertically stacked rolls powered by huge motors to exert tremendous compressive stresses to the strip. Mill stands are available in heights of two, four, or six feet. Because they provide the most benefit over the other two types, 4-high stands are more typically used. Cold rolled steel, abbreviated as CRS, is well-known for being a ductile material that is ideal for precision applications. It's used in a wide range of products, including household appliances, furniture, lockers, and filing cabinets. Garages, steel sheds, and other industrial structures are typically constructed with CRS. A cold rolled stainless steel coil can be precision manufactured, allowing the metal to be made to extremely tight tolerances. By cold rolling stainless steel and work hardening it, we may achieve a variety of tempers, including quarter-, half-, and full hard. The hardness degree of steel is determined by the amount of cold work done on it. Quarter-, half-, and full-hard stock reductions are more significant (sometimes up to 50 percent ). This boosts the yield point while reducing the ductility of the steel. Quarter-hard steel can be bent back over itself without breaking, but half-hard steel can be bent at a 90-degree angle and full-hard steel at a 45-degree angle without breaking. In situations where the metal must be bent without breaking, cold rolled metal is typically used. Stainless steel cold rolled coil is used in construction, surgery, kitchen necessities, and other industries. External handrails and bannisters can be built of 304 stainless steel, which has good weldability and processing qualities. 316 stainless steel is perfect for kitchen essentials such as equipment, cutlery, and cookware, and it comes in a variety of shapes and corrosion resistance. 316L stainless steel is suited for high-consistency medical and surgical applications. The market for stainless steel strips is expected to rise due to its favourable properties such as corrosion resistance, enhanced formability, weld ability, and attractive appearance, resulting in increased demand from a variety of end-use sectors. Future growth opportunities for stainless steel strips are projected to be driven by rising demand for product penetration in consumer base products such as refrigerators, ventilation systems, dishwashers, sinks, and prep tables. The stainless steel strips market is expected to grow significantly in various applications in the following year. Supply disruptions and fluctuations in the cost of raw materials required to manufacture stainless steel strips, on the other hand, may impede the market's growth. The worldwide steel strips market has been significantly fragmented as a result of the strong presence of multinational corporations around the world, as well as the existence of a large number of local and regional market competitors. Because of the increasing growth of end-user sectors in Asia Pacific, such as construction and consumer goods, the region is expected to consume a large amount of the stainless strips market. Due to their quickly growing automotive, construction, and other manufacturing industries, India, China, and South Korea are projected to lead the market for stainless steel strips. Industry Major Market Players ? ArcelorMittal ? China Baowu Steel Group ? Nippon Steel and Sumitomo Metal ? JFE Steel Corporation ? Ansteel Group ? Tata Steel ? Hesteel Group ? POSCO ? Nucor Corporation ? Benxi Steel Group ? Shougang ? Shagang Group ? NLMK Group ? ThyssenKrupp ? JSW Steel Ltd ? Maanshan Steel
Plant capacity: Stainless Steel 202 Series Strip Coil (0.02 mm to 3 mm): 140.0 MT per day Stainless Steel 304 Series Strip Coil (0.02 mm to 3 mm): 100.0 MT per day Stainless Steel 405 Series Strip Coil (0.02 mm to 3 mm):93 MT per dayPlant & machinery: 24 Cr
Working capital: -T.C.I: Cost of Project: 83 Cr
Return: 28.00%Break even: 47.00%
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Ascorbic Acid (Powder)from Sorbitol: Most Profitable Manufacturing Business to start

Ascorbic Acid is a type of vitamin C, which refers to any number of substances in fruits and vegetables that help us fight infections and strengthen our immune systems. Ascorbic acid can be synthesized in a lab from sorbitol, a sugar alcohol that’s used as an artificial sweetener. It’s also found naturally in foods like apples, oranges, berries and some other types of fruit. For industrial applications, it is produced synthetically. Ascorbic acid powder is white to light yellow crystalline powder with a molecular formula of C6H8O6 and molecular weight of 176.126 g/mol. This product can be used as food additive or nutritional supplement in foods, beverages, pharmaceuticals, cosmetics, veterinary medicine and other industries. Visit this Page for More Information: Start a Business in Pharmaceutical sector Uses of Ascorbic Acid (Powder) from Sorbitol Ascorbic acid is used in foods as an antioxidant, preservative, emulsifier and coloring agent. It occurs naturally in citrus fruits and other plants. Ascorbic acid is also added to numerous processed foods. It can be used to prevent nutrient loss by maintaining vitamin C levels. Foods containing ascorbic acid include juices, cereals, margarine, soft drinks and frozen desserts. In addition, it is used in cosmetics and pharmaceuticals. This product contains a minimum of 99% pure L-ascorbic acid that is water soluble. Business Plan: Manufacturing of Ascorbic Acid (Powder) from Sorbitol In food applications, it provides a sour taste and can help retain moisture. Ascorbic acid is highly acidic with a pH between 2.0 and 3.5, so it must be neutralized before use. For example, when used for its antioxidant properties in dairy products, cream or milk may need to be adjusted with sodium bicarbonate or citric acid to ensure proper pH levels are maintained during storage. Ascorbic acid is often blended with other antioxidants such as BHT or BHA for synergistic effects in preventing oxidation during storage. Watch Video: Manufacture Ascorbic Acid (Powder) from Sorbitol and Start your Business Today! Manufacturing Process Ascorbic acid, also known as vitamin C, is an essential nutrient that plays an important role in immune system functions. Ascorbic acid is a white crystalline powder that appears odorless and non-toxic in its pure form. The manufacturing process of ascorbic acid powder from Sorbitol starts with mixturing Sorbitol and hot water to dissolve. After adding potassium hydroxide solution into it, it will be heated until all ingredients are dissolved. Then filtered using filter paper and evaporated at high temperature until dryness. Finally dried by vacuum drying or freeze drying process to get Ascorbic Acid (Powder) from Sorbitol. Download PDF: Manufacture Ascorbic Acid (Powder) from Sorbitol and Start your Business Today! Benefits of Starting an Ascorbic Acid (Powder) Business Ascorbic acid is becoming increasingly popular. If you've recently seen your doctor and been diagnosed with a vitamin C deficiency, you know how critical it is to increase your vitamin C intake. Patients who are lacking in vitamin C have even been reported to die from scurvy, a disease caused by a lack of the vitamin. With all of these advantages, it's no surprise that ascorbic acid is in such great demand. There are a variety of ways to receive your daily dose of vitamin C, but one one that stands out above the rest is to start an ascorbic acid business. This type of business allows you to market vitamin C-rich items. You'll be able to make money while also assisting individuals in staying healthy! Read Similar Articles: Pharmaceutical Industry Market Outlook: From USD 0.97 billion in 2016 to USD 1.23 billion in 2024, the global market for ascorbic acid powder is expected to increase at a CAGR of 4.63 percent. In 2016, North America is expected to generate the most revenue from ascorbic acid powder products, followed by Europe, Asia Pacific, and the Rest of the World. Because of its antioxidant properties, the worldwide ascorbic acid powder market is predicted to grow due to rising demand for ascorbic acid powder in the food industry. Processed food consumption has risen as a result of a growing middle-class population with disposable income and changing lifestyles, driving the global ascorbic acid powder market. Read our Books Here: Pharmaceutical, Drugs, Proteins Technology Handbooks Furthermore, the worldwide ascorbic acid powder market is being propelled ahead by expanding consumer knowledge of the health advantages of natural components, as well as rising consumer health consciousness. Based on application, the worldwide ascorbic acid market is segmented into pharmaceutics, cosmetics, food and beverages, and others. In 2020, the food & beverage industry category led the Ascorbic Acid Market. The segment's dominance can be attributed to its natural food ingredient property, which generates healthy, clean-label meals and beverages in order to suit the growing demand of health-conscious customers while also prolonging product shelf life. Related Feasibility Study Reports: Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates, Pharmaceutical Drugs, Pharma Drug Ingredients Intermediates, Drug Intermediates, Speciality Chemicals, Raw Materials, Fine and Specialty Chemicals Intermediates, Pharmaceutical Bulk Drugs As a result, ascorbic acid is commonly used to fortify or add a citrus flavour to fruit juices, cereals, fruit-flavored sweets, dried fruits, cured meats, and frozen meals. However, in 2020, the Cosmetics application segment had the greatest market share, and from 2021 to 2026, it is predicted to grow at a CAGR of 6.9%. Ascorbic acid is becoming increasingly popular in skin care products due to its ability to protect skin cells from UV exposure. Ascorbic acid also serves as an antioxidant, protecting the end product from degrading due to air exposure and helps with pH management. Watch other Informative Videos: Pharmaceutical, Drugs, Fine Chemicals, Bulk Drug Intermediates, Pharmaceutical Drugs, Pharma Drug Ingredients Intermediates, Pharmaceutical Bulk Drugs See More Links: Start a Business in Asia Start a Business in Potential Countries for Doing Business Best Industry for Doing Business Business Ideas with Low, Medium & High Investment Looking for Most Demandable Business Ideas for Startups Startup Consulting Services Start a Business in Africa Start a Business in India Start a Business in Middle East Related Videos Related Books Related Projects Related Market Research Reports
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lithium Ion Battery(LiFePO4) Business Plan

Lithium ions travel from the negative electrode to the positive electrode during discharge and then back to the negative electrode during charging in a lithium-ion cell, also known as a Li-ion battery. Alternative cathode materials based on elements other than cobalt or manganese have been developed due to safety concerns. Lithium iron phosphate is one of these materials. This material has several advantages over other cathodes, including the ability to withstand higher charge/discharge currents without deterioration, the ability to cycle more times than other battery types, and a low self-discharge rate. In fact, a fully charged LiFePO4 battery will keep 90% of its capacity after three months of idleness. They are useful for solar energy storage systems and electric vehicles when extended intervals between charges are foreseen (EVs). Features: The following are some of the benefits of lithium iron phosphate batteries: • Lower discharge rate • Higher power density • A discharge curve that is straight • Less expensive heating • Charge cycles have been increased. • enhanced safety Lithium iron phosphate batteries are distinguished from other lithium-ion batteries by their ability to maintain a constant voltage and a charge cycle of 2000 to 3000 cycles. LFP batteries are a wonderful choice because they are both environmentally friendly and structurally sound. They have a modest rate of discharge and a low energy density. Phosphate-based technology is safer since it is more thermally and chemically stable than Lithium-ion technology created using other cathode materials. Lithium phosphate batteries are incombustible in the event of charge or discharge mismanagement; they are more stable in overcharge or short circuit situations, and they can withstand high temperatures without degrading. If the phosphate-based cathode material is treated incorrectly, it will not ignite or induce thermal runaway. Phosphorus chemistry has a longer cycle life. Benefits of LiFePO4 Batteries: LiFePO4 batteries have a high discharge rate due to their lack of internal resistance. They can thus be utilised to power autos and other electrical devices. Lithium-ion batteries, which are often found in computers and cell phones, can be made smaller and more compact. If they are damaged or overheated, they are also less prone to catch fire. The lithium concentration of these batteries, according to some experts, may help to lessen the health concerns linked with nickel and cadmium, two chemicals often found in traditional batteries. Finally, LiFePO4 batteries are regarded greener than many other types of rechargeable batteries because they do not contain cobalt, a rare metal that is commonly mined in war zones or under hazardous conditions. Uses and Applications: • Large electric vehicles include buses, electric automobiles, tour buses, hybrid vehicles, and other attractions. • Electric bicycles, golf carts, miniature cars, forklifts, and cleaning wheelchairs for electric vehicles are examples of light electric vehicles. Power tools include lawn movers, electric saws, and electric drills. • Toys that can be controlled remotely, such as cars, boats, and planes • Storage systems for solar and wind energy. • Warning lights, UPS, and miner's lamp are examples of emergency lights. • Small and portable medical instruments and equipment. • Laptop computers, cell phones, camcorders, iPods, and other modern equipment are widely used. • Lithium ion batteries are used in a range of cutting-edge electric vehicles, including the first of its kind, the Tesla Roadster. Market Size in India: The India lithium-ion battery market is estimated to grow at a robust CAGR of 29.26% over the forecast period of 2018-2023. The Indian automobile sector is one of the country's most important, contributing for about 7% of GDP. The industry produced 25.31 million cars in the first quarter of 2017, compared to 24.01 million the previous year, including commercial, passenger, two- and three-wheeled vehicles, and commercial quadricycles. In contrast, India has set a lofty target of having only electric vehicles (EVs) by 2030, which is expected to increase lithium-ion battery consumption in the country. Market Size Globally: The market for Lithium Iron Phosphate (LiFePO4) batteries is predicted to grow to USD 15.25 million by 2028. In terms of revenue, the vehicle industry in 2020 will have overtaken the global industry. Throughout the projection period, Asia-Pacific is expected to be the greatest source of revenue for the global lithium iron phosphate battery business. Increased demand for LiFePO4 batteries from the automotive industry is propelling the industry forward. The use of lithium iron phosphate batteries has increased dramatically in recent years as the demand for battery electric cars has skyrocketed. The vehicle industry's rising demand for LiFePO4 batteries is a primary driver for the company. Its acceptance is expanding in lockstep with the acceptance and use of battery electric vehicles (EVs). Gasoline and diesel prices are expected to rise as fossil fuel stockpiles run out. Consumers are being pushed to switch to battery electric vehicles as a result of this, as well as the associated environmental issues. Technological advancements, growing smart device adoption, and stringent regulatory constraints all contribute to the need for batteries over the forecast period. The battery sector is growing as a result of increased use of LiFePO4 batteries in renewable energy storage systems, expanding consumer electronics demand, and the resulting stringent government requirements. Industry Major Market Players • A123 Systems LLC. • Bharat Power Solutions • BYD Company Ltd. • CENS Energy Tech Co., Ltd. • Electric Vehicle Power System Technology Co., Ltd. • Formosa Energy & Material Technology • GS Yuasa Corporation • K2 Energy • LiFeBATT, Inc. • LITHIUMWERKS, • OptimumNano Energy Co., Ltd. • Panasonic Corporation • RELiON Batteries • Samsung SDI Co. Ltd • Toshiba Corporation • Valence Technology Inc.
Plant capacity: Lithium Ion (LiFePO4) Battery Back of Power 4.8 KWH (No. of Cells 800) for Three Wheeler: 26 Nos Per Day Lithium Ion(LiFePO4)Battery Back of Power 18 KWH (No. of Cells 3000) for Four Wheeler: 24 Nos Per Day Plant & machinery: 289 Lakhs
Working capital: -T.C.I: Cost of Project: 970 Lakhs
Return: 29.00%Break even: 54.00%
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Kids Wear Apparel(T-Shirts & Bottom Wear) Production Business

Children's clothing may not be the first thing that comes to mind when you think about manufacturing, but it is one of the top three garment categories that has grown in recent years, according to The NPD Group, and it is one of the fastest growing segments of the business. As a result, starting your own clothes manufacturing company for children could be a terrific opportunity for you. There are various benefits to starting this type of business, including the potential to boost profit margins and control all aspects of production without relying on large businesses or retailers. India's demand for children's clothes is being driven by rising disposable income and changing lifestyles, particularly in metropolitan regions. An increase in the share of nuclear families and dual-income households is predicted to stimulate growth in the country's Kids Wear market in the coming years. Wearing children's clothing has become a fashion statement in today's world. It's because of the convenience and elegance it offers. Children are particular about what they wear and strive to be fashionable at all times. As a result, they are required to wear attractive clothing from head to toe. Producing children's apparel is one way to achieve this (T-shirts & bottom wears). Children's clothing is one of the most profitable segments of the apparel industry. The market is expected to overtake both men's and women's clothing in terms of retail value growth due to a combination of demographic, economical, and societal variables, as well as sales in the category. India is a key contributor to the global garment retail industry, as well as a hub for children's clothing and fashion outlets. The children's clothing market is organised into two categories: boys' and girls' clothing, and it caters to children aged 0 to 14. In India, the boys-wear industry presently controls the majority of the market. The girls' clothing category, on the other hand, is booming, thanks to a gradual shift in tastes brought on by changing fashion trends. Benefits of Starting Kids Wear Apparel Business A successful children's clothing manufacturing business is like to winning the lotto. It's a low-cost start-up with low overhead and no inventory, and you can make a lot of money. Clothing for children is a high-margin industry with higher profit margins than other sectors. However, the significant costs associated with creating such a business must be considered. The acquisition or manufacturing of machines and equipment for your children's clothes business will be the most significant and first investment. Sewing machines, overlock machines, embroidery machines, and fabric cutting equipment are all required, among other things. You'll also need thread, materials, buttons, zippers, and other finishing touches. As a result, it's a good idea to get professional help when starting a firm like this. You can begin production by developing your own line of children's apparel after you've taken care of all of these things. Making children's clothing is certainly a prospective and profitable endeavour in the Indian apparel or garment industry. The human psyche is wired for parental concern. Normally, parents attempt to give the best quality and comfort for their children. Children's apparel is always in high demand, whether in a developed or developing economy. Market Size in India: In our country, infant ready-to-wear is a relatively young industry of garment manufacture that has risen dramatically in recent years. There is a lot of opportunity in the country for setting up a baby apparel manufacturing factory to meet the huge demand in both the domestic and export markets. India's apparel market is expected to grow at a rate of over 11% annually by 2021, reaching a value of 85 billion US dollars. In 2018, the children's clothing segment in India accounted for more than 20% of the entire apparel market. The market is estimated to be worth around 1.7 trillion Indian rupees by 2028. In 2018, India's garment exports were more than 16.7 billion dollars. Fabric was the most widely exported product, with offline sales accounting for the majority of exports. The value of the country's exports has decreased slightly over the last two years. One reason for this could be competition from nations like China and Vietnam. Bangladesh's duty-free agreement with the European Union makes it far more difficult for India to export garments. Nonetheless, manufacturers in the country are concentrating on expanding their exports to Hong Kong, Japan, and South Africa. It's unclear whether this will be enough to make up for the reduction in shipments since 2018. Global Market Outlook: The market for children's clothes is predicted to develop at an annual pace of 8.76 percent throughout the forecast period (2022-2027). Children's clothing is usually more informal than adult clothing and is designed for play and rest. Cotton and hosiery are the most common textiles used in children's clothing. Product, distribution channel, and geography are the three categories that make up the children's clothes market. Based on product category, the market is segmented into clothing, footwear, and other product categories. Based on distribution channel, the market is split into offline retail stores and online retail stores. Asia-Pacific is likely to have a significant market share over the forecast period, owing to a growth in the infant population, particularly in developing countries such as India and China. Strong economic growth and rising household incomes are expected to enhance consumer spending on children's apparel and footwear in the Asia-Pacific region. The growing number of high-net-worth individuals and urbanisation in Middle-Eastern countries, particularly Saudi Arabia, Qatar, and the United Arab Emirates, are creating enormous opportunities for luxury children's apparel brands to enter the apparel market in these regions, driving the children's wear market in Asia-Pacific and the Middle-East. Industry Major Market Players • Benetton Group SRL • Carter's Inc. • Adidas AG • Nike Inc. • Dolce & Gabbana • Aabhushan Apparels Pvt. Ltd. • Accel Apparels Pvt. Ltd. • Achiever Apparels Pvt. Ltd. • Active Clothing Co. Ltd. • Bhairav Knitting Pvt. Ltd. • Bhandari Apparels Ltd.
Plant capacity: T-Shirts: 84 Pcs. per day | Bottom Wear: 84 Pcs. per dayPlant & machinery: 43 Lakhs
Working capital: -T.C.I: Cost of Project:68 Lakhs
Return: 28.00%Break even: 74.00%
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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