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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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A Business Plan For Silica Gel Crystal &Beads from Sodium Silicate and Sulphuric Acid

Little porous granules of silica are used to make Silica Gel crystals and beads from sodium silicate and sulphuric acid. In order to create these granules, sodium silicate (Na2SiO3) and sulphuric acid (H2SO4) are first mixed together in a reactor, where the liquid reaction result is filtered and dried. As a result, a fine powder that can be formed into granules of various sizes is produced. The crystals are excellent for many industrial applications because they are very absorbent and have an affinity for water and other volatile substances. These granules are very frequently used for a wide range of applications, such as packaging materials, moisture scavengers, adsorbents, cleaning agents, medication carriers, desiccants, and absorbents. Applications and Uses There are several uses for the crystals and beads of silica gel made from sodium silicate and sulphuric acid. In dry rooms, basements, containers, closets, and other locations where humidity needs to be managed, they can be used as a dehumidifier and to absorb moisture. By removing moisture from the air, they can also be used to protect objects against rust, mildew, and mould. Silica gel crystals and beads are utilised for a number of different things in addition to controlling moisture. They can be used as a fertiliser for plants, an addition in cat litter, a component of soap and cosmetics, as an abrasive to polish metals or remove paint and rust, as an abrasive to preserve food, and more. Silica gel crystal and bead manufacturing technology is also very beneficial for industrial uses. Due to its high adsorption capacity, silica gel is the perfect material for chemical processing, including the production of oil and gas, the treatment of water, and the development of pharmaceuticals. Moreover, it can be utilised as a packing material to separate various contents in a tank or container as well as a catalyst in chemical reactions. Due to its many uses, silica gel crystals and beads have being used more and more. Because of this, the industry of making these materials is flourishing. It's a wonderful option for business and industrial uses due to its accessibility and low cost. Indian Market Outlook One of the biggest markets for silica gel and beads worldwide is India. It is employed in a variety of processes, including chemical analysis, gas absorption, and moisture management. From 2018 to 2025, the silica gel and beads market in India is anticipated to expand at a CAGR of 5%. The rising demand from sectors like food and beverage, pharmaceuticals, and petrochemicals is one of the primary factors driving the expansion of the silica gel and beads market in India. The demand for silica gel and beads is rising in the nation as a result of their expanding use in these sectors. The demand for silica gel and beads is also anticipated to rise in the upcoming years due to India's growing embrace of sustainable technology. Also, the use of silica gel and beads in a variety of applications will be influenced by the growing awareness of environmental protection because they are a non-toxic and non-corrosive substance. Overall, the market for silica gel and beads in India has a promising future. The market is predicted to grow rapidly over the next years due to rising demand from a variety of industries and the presence of significant international players. Global Market Outlook The market for silica gel was valued at USD 946 million in 2020, and by the end of 2027, it is anticipated to have grown to USD 1261 million, with a CAGR of 4.2%. Given its expanding use in the food and beverage, pharmaceutical, paints and coatings, plastics, inks and printing industries, the silica gel market is anticipated to increase. The favourable outlook for the chemical industries in China and India, combined with regulatory pressure to boost domestic output, will make the Asia Pacific silica gel market profitable during the course of the projected period. The Made in India initiative was introduced by the Indian government in September 2014 with the goal of promoting local innovation, easing investments, and improving skill development in the chemical, construction, electrical & electronics, and pharmaceutical industries. In the chemical industry, this programme permits 100% foreign direct investment, which is anticipated to create new market opportunities for the manufacturers over the forecast period. The usage of silica gel in pharmaceutical packaging is anticipated to be a key success factor in preventing medications from becoming dissolved or degraded in damp environments. A strong pharmaceutical manufacturing base in North America will benefit from favourable government laws and spending on the healthcare sector. Conclusion The industry of making sodium silicate and sulphuric acid into silica gel crystals and beads is flourishing. This is as a result of the numerous applications for these materials across numerous sectors. In addition to being utilised in the production of products we use every day, including cosmetics, medications, and food, silica gel crystals and beads made from sodium silicate and sulphuric acid are also employed in industrial processes like water purification, oil and gas drilling, and pollution control. Key Players • Millennium Chemicals (US) • Qingdao Haiyang Chemical (China) • DowDuPont (US) • Nissan Chemical Industries (Japan) • Fuji Silysia Chemical (China) • China National Bluestar Company Limited (China) • Merck Group (Germany) • Solvay (Belgium) • Clariant (Switzerland) • Evonik Industries (Germany)
Plant capacity: Silica Gel Crystals & Beads: 1000 MT Per AnnumPlant & machinery: 504 Lakhs
Working capital: -T.C.I: Cost of Project: 912 Lakhs
Return: 1.00%Break even: N/A
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Start Production Business Of Ferric Pyrophosphate(Food Grade/Pharma Gade)

A phosphate-iron molecule known as ferric pyrophosphate is used as a food additive, nutritional supplement, and medicine. It lowers the risk of anaemia and keeps blood sugar levels stable, among other health advantages. Moreover, it is present in various canned goods, energy drinks, and morning cereals. Those who have trouble getting enough iron from their diets might use food-grade ferric pyrophosphate to add iron to food products. Vegans and vegetarians who avoid eating meat or animal products will particularly benefit from it. A more refined version of the substance used in medications, dietary supplements, and other pharmaceutical items is called pharma grade ferric pyrophosphate. The substance is typically regarded as harmless and presents little to no risk to people. However, it should only be consumed in the appropriate dosages as doing so can cause constipation and gastrointestinal distress. Overall, ferric pyrophosphate is a crucial substance that has a variety of possible health advantages and is gaining popularity as a food addition and nutritional supplement. Ferric Pyrophosphate's Advantages A mineral supplement called ferric pyrophosphate (FPP) is used to raise the body's iron levels. It has many health advantages, which have helped it become more popular recently. FPP is a top-notch source of iron, which is necessary for robust immunity and keeping healthy red blood cells. It aids in easing anaemia, lethargy, and weakness brought on by a lack of iron symptoms. When dietary sources of iron are insufficient, FPP is a useful option to supplement the diet. FPP helps the body break down food and turn it into energy, therefore it can also be used to enhance digestion and the absorption of other necessary nutrients. FPP also helps control blood sugar levels, which may be advantageous for people with diabetes. Last but not least, FPP has been associated with enhanced cognitive function and mental focus. Given its many health advantages, it is not surprising that the ferric pyrophosphate industry is experiencing rapid growth. Global Ferric Pyrophosphate Market The global market for ferric pyrophosphate is expected to be worth USD million in 2022 as a result of the COVID-19 pandemic, and is predicted to increase to USD million by 2028 with a CAGR over the research period. Yellow Powder, which accounts for the global market for ferric pyrophosphate in 2021, is expected to reach USD million by 2028, rising at a revised CAGR in the post-COVID-19 timeframe, fully taking into account the economic change brought on by this health crisis. Conclusion As more people become aware of the health benefits associated with ferric pyrophosphate, demand for this essential mineral is growing significantly. With increased demand comes increased prices, making ferric pyrophosphate an attractive business opportunity for those looking to capitalize on this booming industry.
Plant capacity: Ferric Pyrophosphate Anhydrous 420 MT Per Annum (Food Grade) Ferric Pyrophosphate Nonhydrate 180 MT Per Annum (Pharma Grade) Plant & machinery: 8 Lakhs
Working capital: -T.C.I: Cost of Project: 96 Lakhs
Return: 28.00%Break even: 64.00%
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Start Manufacturing Business Of Soda Ash By Solvay process (without using limestone)

Sodium carbonate, sometimes referred to as soda ash, is a crucial chemical utilised in a variety of industrial applications. It is typically derived from either trona ore or limestone and can be created naturally or artificially. The solvay process, which doesn't require limestone, is another method that can be used to create soda ash, which many people might not be aware of. To create sodium bicarbonate and sodium chloride, the solvay process requires salt brine, ammonia, and carbon dioxide. After that, the sodium bicarbonate is heated to create soda ash. This method is more environmentally friendly because it doesn't need any limestone. In addition, this method utilises fewer chemicals than conventional ones, which lowers energy expenses. Without or with limestone, the final output of the Solvay process is high-quality, pure soda ash. The solvay process only differs in that it doesn't use limestone, which results in lower emissions and waste production. Overall, soda ash produced using the Solvay process without limestone is a practical substitute for soda ash made using more conventional methods because it uses fewer chemicals and generates less waste. If you want to lessen your impact on the environment, this method is a great choice. Scope in This Industry While the use of soda ash in numerous sectors keeps growing, entrepreneurs now have a fantastic opportunity to think about starting a firm in this sector. Over time, the method of making soda ash from solvay without using limestone has gained in favour. When compared to conventional methods, this procedure has a number of benefits, including lower costs and a smaller negative impact on the environment. Establishing a company in this sector might offer a viable and lucrative business opportunity. It's crucial to first educate yourself about the sector. For any ambitious entrepreneur, market research, understanding the various production techniques, and locating trustworthy suppliers are crucial tasks. It's also critical to create a business plan that will guarantee the company's long-term viability. In order to ensure the greatest product is produced, any successful business should also invest in quality control procedures and systems. In order to assure effectiveness and enhance the final product, it is also crucial to invest in contemporary technology and equipment. Finally, business owners want to think about creating a large network of contacts in the sector. The firm can prosper through developing connections with dependable consumers, suppliers, and other stakeholders. When launching a company in the soda ash from solvay without limestone sector, all of these factors need to be taken into account. Indian Market Outlook With a projected 10% annual growth, the soda ash market in India is expanding quickly. India is currently the third-largest producer of soda ash in the entire globe. This is partly because of the nation's abundant supply of raw materials, like salt and limestone, as well as the accessibility of relatively affordable labour. Large-scale soda ash factories have developed as a result of government policy in India, which has led to cheaper pricing for customers. This has helped the Indian soda ash business expand overall, along with growing demand from China. Global Market Outlook The market for soda ash was estimated to be worth USD 11000.00 million in 2021, and from 2022 to 2030, it is predicted to rise at a compound annual growth rate (CAGR) of 6.2%. Soda ash is utilised as a raw material in many different industries, including agriculture, the production of paper and pulp, soap and detergent, and glass. Air purification and water softening are two other uses for soda ash. As environmental concerns rise, soda ash is more and more in demand as a purging agent for hydrochloric acid and sulphur dioxide recovered from stacked gases. The high solubility of sodium carbonate allows for its usage in a variety of chemical reactions. Another important basic material for colouring agents is used in fertilisers and colours. Moreover, it serves as a chemical agent for the enamel and oil industries. Future demand for soda ash is predicted to rise as a result of these factors. Conclusion Producing soda ash using the Solvay process without limestone is a productive and effective process. It has the benefit of having a large yield with little energy use and no negative environmental effects. In addition, the method is environmentally friendly and cost-effective because it doesn't use limestone. Future production of soda ash could come from this process, which has the potential to be a dependable and sustainable source. Key Players • Searles Valley Minerals (US) • Ciner Assets Organization (US) • Beginning Vitality LP (US) • Solvay (Belgium) • Tata Chemicals Ltd (India) • Shandong Haihua Bunch (China) • GHCL Constrained (India) • Sisecam Bunch (Turkey) • Ciech SA (Poland) • Nirma Constrained (India) • OCI COMPANY Ltd (South Korea)
Plant capacity: Soda Ash (Na2CO3) 200,000 MT Per Annum Ammonium Chloride (NH4Cl) 200,000 MT Per AnnumPlant & machinery: 1325 Cr
Working capital: -T.C.I: Cost of Project: 1469 Cr
Return: 13.00%Break even: 36.00%
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Biodegradable Plastic Bags From Corn Starch Production

25% amylose and 75% amylopectin make up corn starch. The amylopectin molecule is in charge of the plasticizer properties, and the amylose molecules lose water and boost biodegradation characteristics. The size of their granules varies from 5 to 20 microns. Good strength, quick gel formation, and good absorption capability. 25% amylose and 75% amylopectin make up corn starch. The amylopectin molecule is in charge of the plasticizer properties, and the amylose molecules lose water and boost biodegradation characteristics. The size of their granules varies from 5 to 20 microns. Good strength, quick gel formation, and good absorption capability. Currently, a substantial amount of bioplastics are manufactured in two different forms. They are referred to as polyhydroxyalkanoate (PHA) and polylactide acid (PLA). (PHA). The process used to create PLA involves milling corn kernels to extract the chemical dextrose, which is then fermented in large vats by bacteria or yeast. Lactic acid is the end product, and it serves as a fundamental building block for PLA. For industrial and commercial purposes, polymer is preferred since it is more affordable and lightweight than many materials. Plastics are used in everyday life, such as in cars, household appliances, and packages. One of the three plastic basic materials used by the packaging industry. Conventional plastics' primary environmental issue is their long-term degradation in the environment and production from nonrenewable natural resources including coal, gas, and oil. Recycling plastics and ecologically friendly facilities are becoming more popular today. Uses and Application Disposable items like packaging, crockery, cutlery, pots, bowls, and straws are made of bio-plastics. Additionally, they are frequently utilized for the production of bags, trays, fruit and vegetable containers, blister foils, egg cartons, meat packaging, vegetables, soft drink and dairy product bottling, and meat packing. These plastics are also utilized in non-disposable products such plastic pipes, carpet fibers, car interior insulation, mobile phone casings, and carpet fibers. New bioplastics that can conduct electric current are currently being developed. In these domains, using sustainable resources to produce goods is the main objective rather than biodegradability. Advantages & Disadvantages of Biodegradable Plastic Products 1. Biodegradable plastics degrade more quickly. 2. Plastics made of biomaterials are reusable. 3. Plastics that degrade naturally are better for the environment. 4. Producing biodegradable plastics uses less energy. 5. Recycling biodegradable plastics is simpler. 6. Nontoxic biodegradable polymers are available. 7. Plastics made from biomaterials lessen our reliance on fossil fuels. Types of Biodegradable Bags Type 1: The first biodegradable bags, which are still in use today, are created from pellets that contain polyethylene, cadmium, lead, and beryllium as well as starches. Type 2: Starches and biodegradable polymers like PLA or BASF have been mixed to create a second type. To promote the breakdown of polymers and hasten the biodegradation of conventional plastics. Type 3: Oxo-Biodegradable Bags contain Totally Degradable Plastics Additives (TDPAt). Market Outlook The packaging, textiles, agricultural, injection molding, and other applications are the five main divisions of the biodegradable plastics market. Among all the applications, the demand for biodegradable polymers in injection molding is anticipated to develop at the highest rate. The growth of the food and beverage and electronic packaging industries in the developing BRICS economies is expected to enhance demand for biodegradable plastics over the next years. The demand for packaged food products is predicted to rise along with changing lifestyle trends, propelling the food and beverage industry. The need for biodegradable paper and plastic packaging is expected to rise as a result in the near future in the Asia Pacific area. The Asia Pacific region's expanding pharmaceutical packaging sector is predicted to drive market expansion. The region's market for biodegradable paper and plastics is anticipated to rise as a result of technological development in distribution channels and better manufacturing techniques. Market Players: • Arihant Industries Ltd. • Baroda Polyplast Ltd. • Jain Plastics & Chemicals Ltd. • Karwa Consolidated Mktg. Ltd. • Paradise Plastics Enterprise Ltd. • Shakun Polymers Ltd.
Plant capacity: 45 kg/hr Plant & machinery: 14 lakhs
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Setup Industry Of Chocolate

Chocolate is a universally beloved food item made from cocoa beans. It is produced in different forms, such as solid bars, chips, and liquid forms. Chocolate is often used in baking and candy making, but it has many other uses, including making hot cocoa and chocolate-flavored sauces for desserts. The flavor of chocolate comes from the cocoa bean, which contains several compounds that give it its unique flavor and aroma. Chocolate is derived from the fruit of the cacao tree, the cocoa bean is native to Central and South America, where it has been cultivated for centuries. Today, cocoa beans are grown in tropical climates around the world, including Africa and Asia. The main ingredients of chocolate are cocoa butter and cocoa solids, which are combined with sugar, milk, and sometimes other additives such as nuts and spices. Uses and Application Chocolate has a wide range of uses. Chocolate is widely used in confectionary products such as sweets bars and cakes. Chocolate can be combined with other ingredients to produce a variety of flavours and textures. Chocolate can be used in baking in addition to confectionary products. Chocolate can be found in a variety of desserts, including brownies, cookies, and cakes. Chocolate is also commonly used as an ingredient in a variety of beverages, including mocha and hot cocoa. To make a rich and creamy beverage, melt chocolate and combine it with milk. It can also be used as a topping on a variety of ice cream flavours. Chocolate is frequently used in beauty products such as lotions and facial masks, in addition to cooking and baking. Cocoa's antioxidants help to reduce wrinkles and improve skin health. Chocolate is known to have numerous medicinal benefits, including boosting the immune system, lowering stress, improving blood pressure, and even lowering the risk of heart disease. Benefit of Starting Chocolate Industry Starting a chocolate industry can be a lucrative and long-term business venture. With global demand for chocolate products increasing year after year, there is tremendous opportunity to profit from the sale of chocolate products. Here are some of the main advantages of starting a chocolate business: 1. Expansion of product range: People are looking for new and healthier snack options as they become more health conscious. This means that companies that offer a variety of products, such as dark chocolate, organic or vegan chocolate, or fair trade chocolate, have a better chance of capturing a larger market share. 2. Product diversity: The chocolate industry provides a vast array of products, ranging from traditional bars to gourmet truffles and even creative treats such as cakes and cookies. This enables enormous product diversity, which can be easily adapted and tailored to different customer tastes. 3. Easy access to raw materials: The global market for cocoa beans is massive, making it simple for businesses to obtain the raw materials required to manufacture their products. This ensures that they have consistent quality while also allowing them to keep costs low. 4. Brand loyalty: The chocolate industry is a highly competitive market that requires businesses to differentiate themselves from their competitors in order to attract customers. Businesses can build long-term relationships with their customers by developing a distinct brand identity and cultivating brand loyalty. 5. Low overhead costs: Starting a chocolate business can be a low-cost venture because the overhead costs associated with manufacturing and packaging are low in comparison to other industries. This makes it easier for entrepreneurs to start a business without a large investment. Starting a chocolate business has numerous advantages. Businesses have the opportunity to not only reach a large audience and profit, but also to create unique products and build customer loyalty. Indian Market Prospects The India chocolate market was valued at USD1687.23 million in 2022 and is expected to grow at a CAGR of more than 6.69% to reach USD2457.48 million by 2028, owing to rising population and shifting consumer tastes. As the market grows, more substantial businesses attempt to gain market share by employing cutting-edge strategies such as sugar-free, organic, vegan, and gluten-free chocolates. Furthermore, rising middle-class disposable income, increased awareness of the health benefits of chocolates such as dark chocolate, and innovative marketing and promotional strategies by manufacturers are expected to drive chocolate sales in India during the forecast period. Chocolate is gaining prominence in the market for sweets and confectionaries in India, in particular. India, as a socially diverse country, observes a variety of holidays throughout the year. As a result, demand for chocolates rises year after year, and the Indian chocolate market is expected to expand as a result. Global Market Prospects The global chocolate market is expected to be worth USD 113.16 billion in 2021, with a compound annual growth rate (CAGR) of 3.7% from 2022 to 2030. Consumer awareness of the health benefits of eating high-quality chocolate remains the market's primary driver. The rise can be attributed to increased awareness of the health benefits of dark chocolate, such as a lower risk of cardiovascular disease, lower cholesterol, and lower blood pressure, among other things. Furthermore, dark chocolate contains a high percentage of cocoa, which is recommended to prevent ageing and certain diseases such as CVDs. Furthermore, research suggests that eating chocolate helps to relieve stress. These are the key trends in the chocolate industry that are expected to contribute to overall market growth during the forecast period. According to the chocolate market report, Asia Pacific will be a rapidly growing region, with emerging economies such as India and China driving market growth. The growing western influence in the region, rising living standards, and growing awareness of the health benefits of chocolate consumption are expected to boost the chocolate industry market size during the forecast period. The increasing consumer preference for premium chocolate is expected to drive growth in the Australian chocolate market. Conclusion The chocolate industry is an exciting and ever-growing industry that has shown consistent growth over the years. People continue to seek out new flavours and varieties of chocolate, indicating that demand for chocolate products is quite strong both domestically and internationally. As demand grows, so does the number of businesses that enter the market. Entrepreneurs looking to enter the chocolate industry can find success with the right strategies and support. Key Players • Barry Callebaut • Chocoladefabriken Lindt & Sprüngli AG • Mondel?z International, Inc. • Nestlé • The Hershey Company • Ferrero Group • Mars, Incorporated • The Australian Carob Co. • Meiji Holdings Co., Ltd. • Arcor
Plant capacity: Chocolate 1,000 Kg. Per DayPlant & machinery: 120 Lakhs
Working capital: -T.C.I: Cost of Project: 815 Lakhs
Return: 28.00%Break even: 56.00%
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Start Production Of Pre-Engineered Building (P.E.B) Steel Structure

Steel Structures for Pre-Engineered Buildings (PEB) are a type of building system used for manufacturing, constructing, and erecting metal buildings. The system's components are pre-cut and pre-drilled in the factory before being shipped to the site for quick and easy assembly with minimal manual labour. Prefabricated building frames, warehouses, exhibition halls, schools, hospitals, and industrial workshops are among the products offered by Pre-Engineered Building (P.E.B) Steel Structures. This system also has a competitive advantage in terms of low installation costs, high durability, low maintenance costs, flexible designs, and a short construction period. Looking ahead, demand for Pre-Engineered Building (P.E.B) Steel Structures is expected to rise due to their low cost and ease of installation. This system is expected to become even more efficient in terms of time and money saved as technology advances. The Advantages of Starting This Industry Those considering investing in the Pre-Engineered Building (P.E.B) Steel Structure industry will find numerous advantages. For starters, the materials and labour costs are lower than those of traditional steel structures. This results in a faster return on investment and higher profits. Furthermore, these buildings require less maintenance than traditional steel structures, resulting in long-term cost savings. The construction process is also much faster than for traditional structures, resulting in shorter project lead times. The use of pre-engineered buildings also allows for greater design flexibility. Because of their modular nature, these buildings can be easily modified or extended. This makes them ideal for evolving needs and circumstances. Furthermore, they are resistant to extreme weather conditions and fire, ensuring the structure's and its occupants' safety. Finally, because they are made from recyclable materials, Pre-Engineered Building (P.E.B) Steel Structures are more environmentally friendly than traditional steel structures. As a result, they have a lower carbon footprint, making them an appealing option for those looking to reduce their environmental impact. Furthermore, because they are lightweight, they can be quickly moved or relocated if necessary. Overall, those considering entering the Pre-Engineered Building (P.E.B) Steel Structure industry will reap numerous benefits. Indian Market Outlook The India Pre-Engineered Buildings Market is expected to be worth USD 48.4 billion by 2030, growing at a CAGR of 11.66% between 2022 and 2030. The market was valued at USD 18.1 billion in 2021. With 9.5% growth, India is the fastest growing market in the PEB construction segment, followed by China at 8.5%. In India, the pre-engineered building industry is worth $0.38 billion. Currently, PEBs account for 33% of the Indian construction industry, with conventional construction accounting for the remaining 67%. Era BuildSys is attempting to enter all sectors in order to maximise growth potential in future projects. Overall, India's PEB industry is expected to grow at a rate of around 35% per year (which is considered as a conservative estimate). According to industry experts, the potential growth with current capacity is 10% year on year. As a result, current market players in the Indian PEB Industry would have ample opportunity for capacity expansion. Global Market Prospects The Pre-engineered Buildings market industry is expected to grow at a compound annual growth rate (CAGR) of 13.90% from USD 12071.0081 million in 2022 to USD 30019.92548 million by 2030. (2022 - 2030). The product segmentation of the pre-engineered buildings market includes walls, columns & beams, roof & floors, and others. The roof and floors segment held the majority share in 2021, according to data from the pre-engineered buildings market. Flooring and roofs are important components of pre-engineered structures all over the world in terms of value. The roof of the building serves as its top covering and receives the most solar radiation. It must be safe and stable in order to bear the burden imposed by human activity. Roofs must also be sound and heat insulated. Furthermore, floors are critical components for architectural flexibility and design. The load-bearing capacity of the floors has a direct impact on the partition walls and other structural components of a PEB. Walls are the second fastest-growing segment, accounting for a sizable portion of the pre-engineered building market. Structures made of pre-engineered components can be modified. They can be customised with various fascia types, canopies, glass partitions, and so on to create a structure with an exquisite appearance. Other structural elements, such as curving eaves, can be installed with precast concrete wall panels, curtain walls, block walls, and other wall systems. Conclusion Because of their numerous advantages, pre-engineered building (P.E.B) steel structures are becoming increasingly popular. They are strong, cost-effective, and long-lasting, and they can be erected quickly and efficiently. The industry is rapidly expanding and provides a fantastic opportunity for those looking to get into it. With careful planning and the right resources, this industry can be a great way to make a good return on investment while providing customers with long-lasting structures. It is a business worth investing in and researching further. Key Companies • Bluescope • Zamil Steel Holding Company • Kirby Building Systems • Nucor Corporation • Everest Industries • NCI Building Systems • PEB Steel • Lindab Group • ATCO, among others
Plant capacity: PEB Structure 40 MT Per Day Steel Scrap waste Product 2 MT Per DayPlant & machinery: 462 Lakhs
Working capital: -T.C.I: Cost of Project: 5600 Lakhs
Return: 25.00%Break even: 28.00%
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A Business Plan For Titanium Dioxide From Rutile Ilmenite Ore

Titanium dioxide is a naturally occurring mineral composed of titanium, oxygen, and other compounds derived from rutile ilmenite ore. The most abundant form of titanium found in nature is titanium dioxide. It is mined from ilmenite and rutile ore deposits found in beach sands and river beds all over the world. The purity and stability of rutile titanium dioxide are particularly valued. Titanium dioxide is typically extracted from ilmenite and rutile ores via a variety of processes, including sulphate and chloride processes. Sulphuric acid or chlorine is used to treat the ore, resulting in a slurry containing titanium dioxide crystals. To remove impurities, the crystals are filtered and washed before being dried and crushed into a fine powder. Finally, the powder is calcined at high temperatures to create a pure form of titanium dioxide. Benefit of Titanium dioxide Titanium dioxide also has numerous environmental benefits. It helps reduce air pollution by reflecting sunlight back into the atmosphere instead of absorbing it like traditional carbon-based materials do. This means that it helps keep the air cooler and more breathable by reflecting the heat away from Earth’s surface. Furthermore, titanium dioxide is non-toxic and biodegradable, making it an environmentally friendly alternative to traditional materials. Applications and Usages Titanium dioxide (TiO2) is a mineral that occurs naturally and is derived from rutile and ilmenite ores. It is one of the most widely used minerals in the world, with applications ranging from sunscreen to food colouring to paint and other industrial products. As a white pigment, titanium dioxide is commonly used in sunscreens to protect against UV rays and is an effective cosmetic whitening agent. It is also used to improve food colouring and in some medical products such as bandages. Titanium dioxide is extremely heat resistant and can be found in a wide range of products that require durability, including automotive coatings, ceramic glazes, and plastic compounds. It is also used in the manufacture of glass and paper. Titanium dioxide is created by treating titanium ore chemically with sulfuric acid. Titanium sulphate is formed as a result of this process, which can then be heated and converted into titanium dioxide crystals. This method enables the production of titanium dioxide at a low cost and in large quantities, making it a popular choice for industrial applications. Indian Market Prospects India is the third-largest producer of titanium dioxide (TiO2) from rutile ilmenite ore in the world. Titanium dioxide demand in India is rising as the industrial and automotive sectors expand. Titanium dioxide is used in the automotive industry to make white paint and plastic components. TiO2 is also being added to fibreglass, roofing tiles, paper products, enamels, rubber, medical and pharmaceutical products. India exported 45% of its titanium dioxide output in 2019, primarily to Southeast Asia and Europe. The titanium dioxide export market is expected to grow further as countries around the world invest in infrastructure projects that require the material. Increased production of rutile ilmenite ore in India has accompanied the rise in titanium dioxide exports. Since 2016, production of rutile ilmenite ore has increased by 25%. This expansion is primarily driven by rising global demand for titanium dioxide. Summery Titanium dioxide from rutile ilmenite ore has a bright future. As demand for titanium dioxide grows, the industry will need to find more efficient ways to process and refine the ore in order to meet it. Companies are working to reduce waste and increase efficiency while maintaining high quality standards. Furthermore, new technologies are being developed to help increase the availability and affordability of titanium dioxide. These new technologies may also help to make the industry more environmentally friendly. With the global market for titanium dioxide expected to grow, it is clear that the industry is on the right track. Key Players • V.V Minerals (India), • Royalty Minerals (India), • Shanghai Yuejiang Titanium Chemical Manufacturer Co., Ltd (China) • Yucheng Jinhe Industrial Co., Ltd (China) • Hatch Ltd (Canada) • Chemours (U.S.) • Iluka Resource Limited (Australia) • Tronox Limited (U.S.) • Trimex Sands PVT Ltd (India) • Stork Group (India) • Cosmos Electrodes PVT Ltd (India)
Plant capacity: Titanium Dioxide 4 MT Per DayPlant & machinery: 390 Lakhs
Working capital: -T.C.I: Cost of Project: 1455 Lakhs
Return: 27.00%Break even: 62.00%
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Start Production Of Lithium Oxide From Lithium Ore

The chemical compound lithium oxide, also known as lithia, is made up of lithium and oxygen atoms. It is an inorganic compound that contains no carbon or hydrogen and is commonly found in nature as the mineral petalite. Lithium oxide is one of the few materials that can absorb and release large amounts of oxygen reversibly, and it has numerous applications in industry and medicine. Lithium oxide has the physical properties of a white, odourless powder that is highly soluble in water. It can also be synthesized from lithium metal. Lithium oxide has the chemical formula Li2O and a molar mass of 23.94 g/mol. Process Lithium oxide is typically made from lithium ore, which occurs naturally as spodumene. To make lithium oxide, spodumene must be mined and then heated to extremely high temperatures until it melts. Other chemical reactions occur at this point to convert the melted spodumene to lithium oxide. The carbo-thermic process is the primary method for converting spodumene to lithium oxide. The ore is heated with carbon in an oxygen-depleted atmosphere, usually in a sealed chamber, during this process. When heated, spodumene reacts with carbon, forming various oxides and emitting volatile gases such as carbon dioxide, methane, and water vapour. The end result is a mixture of various lithium oxides, including lithium oxide. After obtaining the desired oxide composition, the mixture is cooled and filtered to separate the unwanted materials. After that, the lithium oxide can be extracted and used for a variety of purposes. An electrolytic process can also be used to produce lithium oxide. An electric current is passed through a solution containing lithium ions in this process, resulting in the production of lithium oxide. The final product is purer than that produced by the carbo-thermic process, but it is more expensive. Uses and Advantages Lithium Oxide, derived from lithium ore, has numerous applications and advantages. It is used as a catalyst in the chemical industry and in medicine to treat anxiety and depression. It is a fertiliser for soil and aids in the reduction of firing temperatures in the production of glass and ceramics. It can also be used to make lithium hydroxide, which is used in the production of batteries, particularly those used in electric vehicles. It is also used as an antacid and a stabilizer in rocket fuel. Lithium oxide has also been used in agriculture to boost crop yields. It acts as a fertiliser in the soil by supplying important nutrients such as calcium, magnesium, and potassium. Furthermore, it improves soil fertility and helps plants absorb nutrients more efficiently. Global Market Prospects The global lithium market was worth USD 3.64 billion in 2020 and is expected to grow at an 8.1% CAGR between 2021 and 2028, from USD 3.83 billion in 2021 to USD 6.62 billion in 2028. Rapid advancements in rechargeable batteries for laptops, mobile phones, electric vehicles, and digital cameras, fuelled by global growth in the Li-ion battery market, will drive product demand. Rising demand for batteries, lubricants, glass and ceramics, foundry, and other products is expected to drive market growth. China is a major producer of electronic components such as fuel cells, batteries, and capacitors. Fuel cell technologies for electronic vehicles have advanced to help the government's rules for reducing pollution caused by the combustion of petrochemicals and gasoline. Due to widespread product usage in the industrial and commercial sectors such as power, consumer electronics, chemical, industrial, general manufacturing, and others, Asia Pacific is expected to hold the largest share of the global market. Due to various government initiatives and increased foreign investment in the industrial sector, Asia Pacific is rapidly developing. According to research, China has the world's largest reserves of Li. One of the factors supporting the growth of the lithium market is the easy availability of raw materials. Conclusion Because of the growing demand for battery-powered technologies such as electric vehicles, smartphones, and other portable devices, the lithium oxide from lithium ore industry is booming. As more devices use lithium-ion batteries, the demand for lithium oxide from lithium ore has increased. This has created an incredible opportunity for businesses to profit from the rapidly expanding market. Furthermore, as the demand for clean energy grows, so does research into the use of lithium-ion batteries in renewable energy sources. This has increased the market potential for lithium oxide produced from lithium ore. As a result, the thriving industry of lithium oxide from lithium ore is expected to grow at a rapid pace for many years to come. Key Companies • FMC Corporation (India) • Albemarle Corporation (U.S.) • SQM S.A. (Chile) • Tianqi Lithium (Australia) • International Lithium Corp. (China) • LSC Lithium Corporation (Canada) • American Lithium Corp. (Canada) • Livent (U.S.) • Avalon Advanced Materials (Canada) • Sayona Mining Limited (Australia)
Plant capacity: Lithium Oxide 4 MT Per DayPlant & machinery: 578 Lakhs
Working capital: -T.C.I: Cost of Project: 2808 Lakhs
Return: 30.00%Break even: 57.00%
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Setup Plant Of Geogrid

Geogrid is a polymeric or steel-reinforced plastic grid material used to strengthen soils and create a more durable foundation. It is used in the construction industry to reinforce and stabilise soil. Polypropylene, polyethylene, polyvinyl chloride (PVC), and polyester are examples of high strength polymers or plastic materials used to make geogrids. Grids are typically installed between soil layers, resulting in an interconnected network that distributes loads across a larger area. Geogrids are available in a variety of shapes, sizes, and materials, and they can be used in a variety of applications. In highway construction projects, geogrids are used to strengthen embankments, reduce the need for excavation, and provide lateral stability for walls and slopes. They are also used to protect shorelines, slopes, banks, and to control erosion. Geogrids are also used in the reinforcement of retaining walls, foundation systems, embankment stabilization projects, and reinforced earth structures. Because of their unique structure and high tensile strength, geogrids have superior load-bearing capacity. The grids are adaptable enough to accommodate minor soil shifts while still providing strong reinforcement. Furthermore, geogrids are less expensive and require less labour than traditional soil reinforcement methods such as concrete or steel reinforcement. Uses and Applications Geogrid is a type of geosynthetic material that is used in a variety of civil engineering applications to reinforce soil, improve stability, and increase bearing capacity. Geogrid's primary function is to reinforce the soil by confining soil particles and increasing the tensile strength of the soil. Geogrid is commonly used and applied in the following ways: • Geogrid is used to reinforce soil beneath roads, highways, and other pavements, increasing bearing capacity, reducing rutting, and extending pavement life. • Soil stabilization: Geogrid is used to prevent soil erosion and landslides by stabilizing slopes, embankments, and retaining walls. • Geogrid is used to reinforce soil in the construction of reinforced earth structures like bridge abutments, retaining walls, and foundation pads. • Mining and landfill applications: Geogrid is used to reinforce soil to improve stability and reduce settling in mining and landfill applications. • Coastal erosion control: Geogrid is used to protect shorelines from wave action and storm surges in coastal erosion control applications. • Geogrid is used to reinforce soil beneath railroad tracks, airport runways, and taxiways in order to increase bearing capacity and reduce settlement. Overall, geogrid is a versatile material that can be used to improve the performance and longevity of civil engineering structures in a variety of applications. This Industry's Future The geogrid industry is thriving, and as it expands, new advancements in geogrid technology are being made that can improve their performance and strength. Geogrids can provide a low-cost, strong, and dependable solution. Geogrids also contribute to lower labour costs because they are simpler and faster to install than traditional reinforcement materials. The growing demand for more sustainable building solutions is also driving the growth of the geogrid industry. Geogrids are an excellent way to lower the environmental impact of construction projects because they use fewer raw materials and generate less waste than traditional reinforcement materials. Because of their versatility and ease of installation, geogrids are becoming increasingly popular. With a wide range of applications ranging from soil reinforcement to structural support, geogrids are likely to become more popular in the coming years. Global Market Outlook The global geogrid market is expected to grow at a CAGR of 4.7% from USD 1.19 billion in 2021 to USD 1.64 billion in 2028. Geogrids are geosynthetic materials used to reinforce soils and other similar materials. It is frequently used to reinforce retaining walls as well as subsoils or subbases beneath structures or roads. Extruding the flat plastic sheet into the desired structure is the manufacturing method, and the plastic used is HDPE. They are widely used in the construction industry due to properties such as good tension capability and the ability to distribute a large load over a large area. Because of the reduced time, maintenance costs, and thickness of rail tracks and roads, these products are also used in road and railway development activities. Europe is one of the most important markets, owing to rapid industrial and infrastructure development in countries such as Germany, Italy, Greece, the United Kingdom, and France. The construction sector is benefiting from the development of public infrastructure to support the tourism sector, which is contributing to the overall market growth in this region. The regional market will also be driven by product adoption in road construction and rail road stabilization. Conclusion The geogrid industry is thriving, and the applications are numerous. This material's popularity is growing as it provides numerous advantages in construction and other projects. Geogrids are increasingly being used to reinforce soil in roadways, retaining walls, foundations, embankments, and other applications. Geogrids will remain a popular choice for many civil engineering projects as the demand for stronger, more durable infrastructure grows. The geogrid industry has a promising future, and it will expand as new innovations are developed and implemented. Key Companies Profiled • Huesker (U.S.) • Tensar International Corporation (U.S.) • TenCate Geosynthetics Europe (Austria) • Strata Systems, Inc. (U.S.) • Maccaferri Inc. (U.S.) • Advanced Drainage Systems, Inc. (U.S.) • NAUE GMBH & CO. KG. (Germany) • Synteen Technical Fabrics (U.S.) • CLIMAX SYNTHETICS PVT. LTD. (India) • Veer Plastics Private Limited (India) • BPM (China) • GSE Environmental (U.S.) • S i A Pietrucha Sp. z o.o. (Poland) • CTM Geosynthetics (India) • TENAX Corporation (U.S.) • BOSTD Geosynthetics Qingdao Ltd. (China)
Plant capacity: Geogrid 30,000 Sq.Mtrs Per DayPlant & machinery: 879 Lakhs
Working capital: -T.C.I: Cost of Project: 1766 Lakhs
Return: 23.00%Break even: 43.00%
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Herbicides Production From Artemisia Annua

Artemisia annua, also known as sweet wormwood, is a versatile herb that has been used in traditional Chinese medicine for centuries. It has recently been discovered to be an excellent source for herbicide production. Herbicides are chemicals that are used to control or eliminate weeds, shrubs, and other unwanted plants in the environment. Herbicides can be selective, targeting only specific plants, or non-selective, affecting any plant they come into contact with. Herbicides are typically classified based on the chemical they employ, such as glyphosate, paraquat, and 2,4-D. Herbicides may be used for agricultural purposes in some cases, such as the control of weeds in crop fields. Herbicides are also used in landscaping and gardening, such as preventing weeds from growing around flower beds. Herbicides are extremely effective at destroying unwanted plants and controlling their growth, regardless of their intended use. Extraction Method The extraction of herbicides from Artemisia annua is a simple process. First, the plant's dried leaves and flowers are ground into a fine powder. After that, the powder is dissolved in a solvent such as ethanol or acetone. The solution is then boiled and filtered to obtain the desired extract. The extract can then be purified further by removing the solvent, yielding a concentrated form of herbicide. Supercritical fluid extraction is the most commonly used method for extracting active ingredients from Artemisia annua (SFE). High-pressure carbon dioxide is used in this technique to dissolve the desired compounds from plant material. After obtaining the extract, it can be refined and purified using other techniques such as distillation, chromatography, and crystallisation. These processes will remove impurities and ensure that the final product contains only the desired active ingredients. Scope in This Industry Artemisia annua herbicide production is a thriving industry. This plant's active compound artemisinin has been discovered to have strong pesticidal properties, making it an appealing option for controlling weeds and unwanted vegetation. As the demand for more effective, environmentally friendly herbicides grows, an increasing number of companies are venturing into this field. Herbicides of various types can be extracted from the plant, making it an excellent choice for both large-scale and small-scale producers. Furthermore, the use of this type of herbicide can help reduce the amount of damage caused by traditional chemical-based methods, making it an excellent option for those looking for an environmentally friendly weed control solution. Global Market Outlook The global herbicide market is expected to reach $7,998.9 million in revenue by 2025, growing at a CAGR of 4.8% during the forecast period. Herbicides are used to increase agricultural productivity by killing unwanted herbs and weeds in the plantation. As a result, the increased demand for high agricultural productivity to meet global food demands drives the growth of the herbicides market. Furthermore, the increase in population and disposable income in a developing region such as Asia-Pacific increases the demand for herbicides. However, the hazards associated with synthetic herbicides result in stringent herbicide regulations, which significantly impedes the growth of the global herbicides market. Conclusion The thriving industry of Artemisia Annua herbicide production has received a lot of attention in recent years. Because of its high efficacy and low environmental impact, this versatile and natural herb has become a popular choice for producing herbicides. Furthermore, it has a wide range of applications, from weed control to insect control and even medicinal uses. All of these advantages make Artemisia annua an appealing choice for farmers, who can now profit from this thriving industry. Key Player • Adama Agricultural Solutions Ltd, • Basf Se, • Bayer Ag, • Dowdupont, • Fmc Corporation, • Nissan Chemical Corporation, • Nufarm Limited, • Syngenta, • Sumitomo Chemical Co., Ltd, • Wilbur-Ellis Holdings, • Inc
Plant capacity: Artemisia Annua Powder 1 Kg Polypack 2,500 Packs Per Day Artemisia Annua Extract 10 Ltrs. Polypack 250 Packs Per DayPlant & machinery: 40 Lakhs
Working capital: -T.C.I: Cost of Project: 370 Lakhs
Return: 29.00%Break even: 64.00%
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  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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