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Business Ideas: 1.50 - 2 Crore (Plant and Machinery): Selected Project Profiles for Entrepreneurs, Startups

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Cellulose Fiber

Cellulose or cellulosic fibers are fibers structured from cellulose, a starch-like carbohydrate. They are created by dissolving natural materials such as cellulose or wood pulp, which are then regenerated by extrusion and precipitation. Cellulose fibers can be used to create a wide range of fabrics, from a heavy denim or corduroy to a light muslin or organza. Examples of cellulose fibers include hemp, linen, cotton, ramie, and sisal. Cellulose fibers are fibers made with ethers or esters of cellulose, which can be obtained from the bark, wood or leaves of plants, or from other plant-based material. In addition to cellulose, the fibers may also contain hemicelluloses and lignin, with different percentages of these components altering the mechanical properties of the fibers. Growing demand for cellulose fibers in textile and apparel industry Increasing consumption of cellulose fiber in textile industry is one of the major driver supporting the growth of overall market. Rise in disposable income and changing fashion trend is expected to drive the textile and apparel industry. Also, growing automotive and building &construction industry will continue to demand for non-clothing textiles. All these factors are expected to boost the demand for cellulose fibers. Cellulose Fiber Market is forecasted to reach $42.2 billion by 2025, after growing at a CAGR of 8.1% during 2020-2025. With rise in the consumption in textile industry coupled with growing population, is expected to fuel the demand of cellulose fiber. Growing public interest towards sustainable, skin-friendly, biodegradable, and environment-friendly products will further enhance the overall market demand for cellulose fibers during the forecast period. Increasing adoption of sustainable, skin-friendly, biodegradable, and environment friendly products Changing consumer preferences towards adoption of environmental friendly products is further fueling the demand of cellulose fibers. Cellulose fiber has numerous advantages over conventional fiber which makes it material of choice. Cellulose properties such as skin-friendly, biodegradable, and environmentally friendly would further fuel the growth of the market. Thus, due to demand it is best to invest in this project.
Plant capacity: Cellulose Fiber : 20 MT / DayPlant & machinery: Rs 154 lakhs
Working capital: -T.C.I: Cost of Project: Rs 686 lakhs
Return: 27.00%Break even: 61.00%
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Active Pharma Ingredients • Azithromycin • Cefixime • Telmisartan • Diclofenac sodium • Acecloflenac

Active pharmaceutical ingredients are the active substances that are used in the manufacture of a drug and have a pharmacological effect. They provide health benefits and play a vital role in disease diagnosis, prevention, and treatment. Active pharmaceutical ingredients may be synthesized either chemically or through biotechnological methods. The Active Pharmaceutical Ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways. Active pharmaceutical ingredient (API), is the term used to refer to the biologically active component of a drug product (e.g. tablet, capsule). Drug products are usually composed of several components. The aforementioned API is the primary ingredient. Other ingredients are commonly known as "excipients" and these substances are always required to be biologically safe, often making up a variable fraction of the drug product. The procedure for optimizing and compositing this mixture of components used in the drug is known as "formulation." The global active pharmaceutical ingredient market size is expected to reach a value of USD 286.6 billion by 2027, registering a CAGR of 6.7% over the forecast period. Factors, such as increasing preference for outsourcing APIs and growing prevalence of various target diseases such as cancer and Cardiovascular Diseases (CVDs) are expected to drive the market growth. The Asia Pacific is expected to emerge as the fastest-growing regional market due to rapidly increasing the prevalence of therapeutic and chronic diseases i.e., diabetes, cancer etc. with rising population in this region. According to WHO, around 65% of all cancer deaths occur in developing countries and the number of global cancer deaths is projected to increase by 45 percent from 2007 to 2030 with from 7.9 million to 11.5 million deaths influenced by rise in consumption of tobacco use, unhealthy diet, insufficient physical activity and the harmful use of alcohol in this region. The active pharmaceutical ingredients market gets a major boost from the growing prevalence of cardiovascular conditions, infectious diseases, and various other chronic disorders. Other than these, the rise in various genetic disorders has driven the use of biologicals and biosimilars, the world over. In many instances, biosimilars are the most preferred owing to them being low-cost. Biosimilars have the potential of creating a highly sustainable healthcare system which makes way for innovation, allowing more patients to receive the optimum care. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Alpha Remedies Ltd. Ankur Drugs & Pharma Ltd. Aurobindo Pharma Ltd. Farmson Pharmaceutical Gujarat Pvt. Ltd. Glaxosmithkline Pharmaceuticals Ltd. Sanofi India Ltd. Piramal Enterprises Ltd. Teva Pharmaceutical & Chemical Inds. India Pvt. Ltd.
Plant capacity: Azithromycin: 500 Kgs / Day Cefixime: 500 Kgs / Day Telmisartan: 50 Kgs / Day Diclofenac Sodium: 500 Kgs / Day Aceclofenac: 500 Kgs / DayPlant & machinery: Rs 155 lakhs
Working capital: -T.C.I: Cost of Project : Rs 729 lakhs
Return: 31.00%Break even: 61.00%
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Active Pharma Ingredients • Azithromycin • Cefixime • Telmisartan • Diclofenac sodium • Acecloflenac

Active pharmaceutical ingredients are the active substances that are used in the manufacture of a drug and have a pharmacological effect. They provide health benefits and play a vital role in disease diagnosis, prevention, and treatment. Active pharmaceutical ingredients may be synthesized either chemically or through biotechnological methods. The Active Pharmaceutical Ingredient (API) is the part of any drug that produces the intended effects. Some drugs, such as combination therapies, have multiple active ingredients to treat different symptoms or act in different ways. Active pharmaceutical ingredient (API), is the term used to refer to the biologically active component of a drug product (e.g. tablet, capsule). Drug products are usually composed of several components. The aforementioned API is the primary ingredient. Other ingredients are commonly known as "excipients" and these substances are always required to be biologically safe, often making up a variable fraction of the drug product. The procedure for optimizing and compositing this mixture of components used in the drug is known as "formulation." The global active pharmaceutical ingredient market size is expected to reach a value of USD 286.6 billion by 2027, registering a CAGR of 6.7% over the forecast period. Factors, such as increasing preference for outsourcing APIs and growing prevalence of various target diseases such as cancer and Cardiovascular Diseases (CVDs) are expected to drive the market growth. The Asia Pacific is expected to emerge as the fastest-growing regional market due to rapidly increasing the prevalence of therapeutic and chronic diseases i.e., diabetes, cancer etc. with rising population in this region. According to WHO, around 65% of all cancer deaths occur in developing countries and the number of global cancer deaths is projected to increase by 45 percent from 2007 to 2030 with from 7.9 million to 11.5 million deaths influenced by rise in consumption of tobacco use, unhealthy diet, insufficient physical activity and the harmful use of alcohol in this region. The active pharmaceutical ingredients market gets a major boost from the growing prevalence of cardiovascular conditions, infectious diseases, and various other chronic disorders. Other than these, the rise in various genetic disorders has driven the use of biologicals and biosimilars, the world over. In many instances, biosimilars are the most preferred owing to them being low-cost. Biosimilars have the potential of creating a highly sustainable healthcare system which makes way for innovation, allowing more patients to receive the optimum care. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Alpha Remedies Ltd. Ankur Drugs & Pharma Ltd. Aurobindo Pharma Ltd. Farmson Pharmaceutical Gujarat Pvt. Ltd. Glaxosmithkline Pharmaceuticals Ltd. Sanofi India Ltd. Piramal Enterprises Ltd. Teva Pharmaceutical & Chemical Inds. India Pvt. Ltd.
Plant capacity: Azithromycin: 500 Kgs / Day Cefixime: 500 Kgs / Day Telmisartan: 50 Kgs / Day Diclofenac Sodium: 500 Kgs / Day Aceclofenac: 500 Kgs / DayPlant & machinery: Rs 155 lakhs
Working capital: -T.C.I: Cost of Project : Rs 729 lakhs
Return: 31.00%Break even: 61.00%
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Activated Charcoal from Bamboo

Activated charcoal is a non graphite form of charcoal and is micro crystalline in nature. It is extensively used in various industries as a very good adsorbent for odour or colour. There are two varieties of activated charcoal viz gas phase or the liquid phase adsorbents. The liquid phase activated charcoal is usually powder or granular form where as the gas phase adsorbent is hard granules like dust free pellets. Besides the liquid phase and gas phase classification of activated charcoal, into grades based on the chemical properties it possesses such as its methylene blue (MB) value, surface area, ash content, iron content, pH factor and adsorption quality of charcoal. The term activated charcoal or active charcoal is usually applied to amorphous charcoal possessing higher adsorption capacity their wood or animal charcoal. Many charcoal of industrial value are prepared from coal and from organic vegetable and animal matter. The resulting amorphous products include Charcoal coke, and petroleum coke. Charcoal as such is probably, the most widely distributed element in nature. It occurs in two allotropic crystalline forms, viz, graphite (hexagonal system) and diamond (isomeric system), the former is soft and weak while diamond is hard and transparent. Global Activated charcoal Market is expected to garner 2,776 kilo tons and $5,129 million by 2022, registering a CAGR of 6.8% and 9.3% during the forecast period 2016 - 2020. Activated charcoal is processed charcoal with small, low-volume pores to increase surface area for chemical reactions and adsorption. Growing awareness for clean water consumption coupled with the rising number of water treatment plants owing to government subsidies is anticipated to benefit the overall market growth over the forecast period. As there is indigenous demand for activated charcoal in bulk, the export potential does not exist. However, in developing countries like Bangladesh, Sri Lanka and gulf countries, where industrial development is emerging up, the demand for activated charcoal is anticipated. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Active Char Products Pvt. Ltd. Adsorbent Carbons Ltd. Aksharchem (India) Ltd. Jacobi Carbons India Pvt. Ltd. Kowa India Pvt. Ltd. Kalpaka Chemicals Pvt. Ltd. Core Carbons Pvt. Ltd.
Plant capacity: Activated Charcoal Powder: 4 MT / DayPlant & machinery: Rs 197 lakhs
Working capital: -T.C.I: Cost of Project: Rs 535 lakhs
Return: 30.00%Break even: 63.00%
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Spice Powder (Cryogenic Grinding) (Turmeric, Red Chilli, Coriander, Cumin, Cardamom, Cloves, Cassia, Shah Jeera, & Nutmeg Mace Powder)

Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine. A closely related term, ‘herb’, is used to distinguish plant parts finding the same uses but derived from leafy or soft flowering parts. The two terms may be used for the same plants in which the fresh leaves are used as herbs, while other dried parts are used as spices, e.g. coriander, dill. India is the largest producer, consumer and exporter of spices Andhra Pradesh, Gujarat, Orissa, Rajasthan are major states producing varieties of spices. The project envisages setting up of a Spices Cryo-grinding unit. This is a new concept in spices processing, which results into higher production with better end product quality (aroma and color), than conventional spices grinding unit. This technology uses liquid nitrogen to control the grinding chamber temperature, the result of which is reduction in loss of volatile essential oils in the spices and higher production rate. There is an increasing demand for organic foods from the consumers, to avoid health hazards caused by pesticides, fertilizers, additives, and other substances that are found in regular food items. This has fueled the demand for organic spices. Additionally, the rising focus on food safety is also inducing food processing companies to prefer organic spices for the production of organic food items. India spices powder and blended spices market is expected to grow at an impressive rate during the forecast period. Major reason for spices powder and blended spices market growth in India is that India has the largest foodie population in the world, which is largely inclined towards spicy and tasty food. Besides this, increased consumption of packaged foods and rising disposable income are factors for market growth. Increasing working population with limited time for cooking has increased the demand for convenience foods, ultimately increasing the demand for packaged spice products. There are several benefits of buying packaged spices compared to lose spices as there are less chances of contamination and assurance of highest quality. Additionally, with the growing consumer preference towards convenience and high-quality products, the demand for branded and packaged spice products is expected to increase across the country. The Indian pure packaged and blended spices market has grown with a CAGR of more than 8% in the forecast period FY 2018-19 to FY 2022-23. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Gokul Agro Inds. Ltd. Indian Chillies Trdg. Co. Ltd. Indian Products Pvt. Ltd. Eastern Condiments Pvt. Ltd. Jeet (India) Pvt. Ltd. M V J Foods (India) Pvt. Ltd. M V J Spices (India) Pvt. Ltd. Nedspice Processing India Pvt. Ltd. S S P D L Real Estates India Pvt. Ltd. S S P D L Realty India Pvt. Ltd.
Plant capacity: Turmeric Powder : 900 Kgs / Day Red Chilli Powder: 900 Kgs / Day Cardamom Powder: 900 Kgs / Day Coriander Powder: 900 Kgs / Day Cumin Powder: 900 Kgs / Day Cloves Powder : 875 Kgs / Day Cassia (Cinnamon) Powder: 875 Kgs / DPlant & machinery: Rs 184 lakhs
Working capital: -T.C.I: Cost of Project: Rs 844 lakhs
Return: 32.00%Break even: 56.00%
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Aluminium Extruded Bar from Aluminium EN AW 6063

Aluminium is a versatile material integral to modern life. The metal is found in everything from soda cans to cell phones to window frames to airplanes. The aluminium industry can be categorized into two principal segments. The key segment is the production of primary aluminium by integrated producers engaged in the entire value chain from the mining of bauxite in an alumina refinery, and conversion of alumina into primary aluminium metal in an aluminium smelter. Primary aluminium is made commercially available in the form of ingots, billets, wire rods or properzi rods also called conductor redraw rods. The second principal segment consists of secondary/downstream producers who are engaged in the manufacture of value-added semi fabricated aluminium products such as rolled products, extrusions and foils. India is considered to be the fifth largest producer of aluminium in the world with a tremendous bauxite reserve of about 3 billion tonnes. While the major consumption of aluminium in India is done by the electrical (31%) and B&C sectors (13%), the future growth is envisaged to happen in the solar power and industrial sector. The global aluminum extrusion market reached a volume of 20.3 Million Metric Tons in 2019. The global aluminum extrusion market size is anticipated to reach USD 113.5 billion by 2025, progressing at a CAGR of 5.3% over the forecast period. Aluminum extrusion is the process of melting and transforming an aluminum alloy bar into a specific shape by pushing it through a cross-sectional die. Extruded aluminum has a high electrical and thermal conductivity, ductility and recyclability and can be customized according to the requirements of the consumer. The extruded parts also have a smooth and fine surface finish and can be polished, buffed, anodized, painted or powder-coated to enhance the aesthetic value and appeal of the product. Aluminum extrudes are cost-efficient, lightweight and corrosion-resistant, require low maintenance and have paramagnetic properties that make them a highly preferred alternative to conventional aluminum products. They find extensive application across various industries such as building and construction, transportation, machinery and equipment, consumer durables, electrical, etc. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under Alufit (India) Pvt. Ltd. Aluminium Profiles Ltd C R P (India) Pvt. Ltd. Concentris Metal Strategies (India) Pvt. Ltd. E V A Alu Panel Ltd. Jindal Aluminium & Steel Ltd. Jindal Aluminium Ltd. Jayakrishna Aluminium Ltd. Kalzip India Pvt. Ltd.
Plant capacity: Aluminium Extruded Bar: 10 MT / DayPlant & machinery: Rs 183 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1422 lakhs
Return: 27.00%Break even: 58.00%
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Carbon Fibre

Carbon fibers are usually combined with other materials to form a composite. When combined with a plastic resin and wound or molded it forms carbon fiber reinforced polymer (often referred to as carbon fiber) which has a very high strength-to-weight ratio, and is extremely rigid although somewhat brittle. However, carbon fibers are also composited with other materials, such as with graphite to form carbon-carbon composites, which have a very high heat tolerance. Carbon fibers are, by far, the most widely used fiber in high-performance applications. This important technology has huge potential for the future and it is expected to have a significant impact in the manufacturing industry within India and, therefore, coordination and strategic road mapping actions are required. Composites have been widely used across industries like aerospace, wind energy, automotive, industrial, marine, oil and gas. Advanced carbon fiber composites are comparatively more expensive than metals. The choice of composites is tradeoff between cost and performance. As a result, carbon composites have made their impact in high performance vehicles, such as, jet fighters, space craft, racing cars, racing yachts and exotic sports cars. The values of global carbon fibre sales in these areas ($2.034 billion) do not, however, correspond to the volumes of carbon fibre used in the various application areas. The report adds that aerospace and defiance, for example, uses only 18% of the total quantity of carbon fibre but accounts for around 40% of the value of global sales. This sector consumed 15,000 tonnes of carbon fibres in 2012 and could reach 23,000 tonnes in 2016 and 37,000 tonnes in 2020. These figures are however less optimistic that those that were forecast by the specialists in previous years. Indeed, even if the pressure to use renewable energies is high and if legislation is increasingly restrictive, the policies of the public authorities in terms of subsidies and development strategies (offshore wind farms, etc.) can have a decisive influence on the market for composites. The carbon fiber market is projected to grow from USD 4.7 billion in 2019 to USD 13.3 billion by 2029, at a CAGR of 11.0% between 2019 and 2029. The market is growing due to its increasing demand from aerospace & defense, automotive, and wind energy industries. Entrepreneurs who invest in this project will be successful.
Plant capacity: Carbon Fibre: 1,000 Kgs / DayPlant & machinery: Rs 194 lakhs
Working capital: -T.C.I: Cost of Project : Rs 623 lakhs
Return: 27.00%Break even: 63.00%
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Humic Acid

Humic acid is a principal component of Humic substances which are the major organic constituents of soil (humus), peat, coal, many upland streams, dystrophic lakes and ocean water. It is produced by biodegradation of dead organic matter. It is not a single acid, rather, it is a complex mixture of many different acids containing carboxyl and phenol ate groups so that the mixture behaves functionally as a dibasic acid or, occasionally, as a tribasic acid. Humic acids can form complexes with ions that are commonly found in the environment. Humic and folic acids are commonly used as a soil supplement in agriculture, and less commonly as a human nutritional supplement. As a supplement, folic acid is found in a liquid form with colloidal minerals. Agriculture: with high content of organic matters, natural Humic acid is the best additive for the organic fertilizer, raw material for hamates based fertilizers and also can be used as soil ameliorator, plant growth stimulator and fertilizer improver. Industry: used as oil drilling fluid stabilizer, cement and ceramic additive, wastewater treatment agent, cathodal plate additive for accumulator. The global Humic acid market is on track to grow to reach a market value of USD 973.06 Mn by the end of 2023. Humic acid is derived from Humic matter which is the result of chemical and biological mummification of plant and animal matter in tandem with microorganism activities. Humic acid is rich in essential nutrients, vitamins, and trace minerals which is immensely beneficial for the soil and can also be used in dietary supplements. Due to this farmers are increasingly employing the use of Humic Acid to enrich the soil and promote a healthy ecological balance which will, in turn, increase crop yield. Humic Acid not only has several benefits to the soil but can make up a key component of animal feed. Humus supplements increase milk production and increase nutrient absorption to increase feed efficiency in dairy cattle. Humic Acid can also help improve immune function and keep an animal healthy which, in the long run, can drastically reduce operational costs. With the rising demand for meat and milk, the meat industry has been booming, and this has resulted in an increased demand for Humic Acid for animal feed applications. In agricultural applications, the inconsistent quality of Humic products may hinder the growth of the Global Humic Acid Market. Moreover improper use of Humic Acid can have bad effects on the soil and plant growth. However, rising applications in wastewater treatment, as well as the use of Humic Acid as organic anodes for lithium and sodium ion batteries are expected to provide the market with high potential for future growth. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under Agro Phos (India) Ltd. Basant Agro Tech (India) Ltd. Ghatprabha Fertilizers Pvt. Ltd. Indian Farmers Fertiliser Co-Op. Ltd. Karnataka Compost Devp. Corpn. Ltd.
Plant capacity: Humic Acid: 20 MT / DayPlant & machinery: Rs 169 lakhs
Working capital: -T.C.I: Cost of Project: Rs 726 lakhs
Return: 26.00%Break even: 50.00%
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Banana Powder

Banana is the common name for a type of fruit and also the herbaceous plants of the genus Musa. Banana is amongst the most versatile and most widely eaten fruits in the world today. Bananas come in a variety of sizes and colors when ripe, including yellow, purple, and red. Bananas can be eaten raw though some varieties are generally cooked first. Banana fruit is economically one of the most important fruit produced and consumed in the world. In some parts of the world, banana is called plantain. The soft and sweet fruit of this tropical plant is enjoyed by people from around the world. Fully ripe banana pulp contained 33.6% reducing sugars, 53.2% sucrose, 5.52% protein, 0.68% fat, 0.30% fiber, 2.58% starch and 4.09% ash. Banana has various uses that can be turned into many processed products. In addition to banana exporting, processing banana into different products could mean additional income for banana farmers. Banana powder is a powder made from processed bananas. Banana powder is formed by using banana pulp, which is chopped and then processed with hydraulic shear using a colloid mill, turning it into a paste. The paste is then dried by either spray or drum-drying. Good quality pulp with proper drying produces good quality powder. Spoilage due to microbial and enzyme activity is greatly reduced at the moisture level of 7.0% but caking is easily developed in banana powder during storage if improper packaging materials are used for the purpose due to its high sugar content. Banana powder is a powder made from processed bananas. It is used as a component for production of milk shakes and baby foods. It is also used in the manufacture of various types of cakes and biscuits. Banana powder has been studied to prevent ulcer formation induced by a variety of drugs, including aspirin, indomethacin, phenyl-butanone, Prednisolone, cyst amine and histamine. Banana powder treatment not only strengthens mucosal resistance against ulcer gens but also promotes healing by inducing cellular proliferation. Banana powder also used as natural super disintegrating agent and natural flavoring agent, the banana powder had more disintegration property when compared to synthetic super disintegrates. Banana powder is used as binder in the animal feeds and used additive. Banana powder is also a major source of carbohydrate and calories which makes it more ideal component for infant formula. In terms of value, the global banana powder market is expected to reach a market value of US$ 774.4 Mn by the end of 2027, with an anticipated CAGR of 3.9% over the forecast period. The drivers for the growth of the banana powder market include rising demand for anti-diarrheal in pharmaceutical, rise in production of bakery products using banana powder, increase in use of banana powder for baby food, banana powder is an alternative for gluten free products. India is the 2nd largest producer of fruits in the world. In case of banana, it is the largest producer. The annual world production of fruit is 370 million metric tons. Of which India contributes about 32 million metric tons which accounts for 8% of total fruit production in the world. Thus, due to demand it is best to invest in this project. Few Indian major players are as under Aarkay Food Products Ltd. Canfruit Export India Ltd. Galla Foods Pvt. Ltd. Saish Agro Food (India) Pvt. Ltd Ingredients (India) Pvt. Ltd. Srini Food Park Pvt. Ltd. Vinsari Fruitech Ltd.
Plant capacity: Banana Powder : 1,000 Kgs / DayPlant & machinery: Rs 190 lakhs
Working capital: -T.C.I: Cost of Project: Rs 417 lakhs
Return: 27.00%Break even: 62.00%
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Solar Panel

Solar panel refers either to a photovoltaic module, a solar thermal energy panel, or to a set of solar photovoltaic (PV) modules electrically connected and mounted on a supporting structure. A PV module is a packaged, connected assembly of solar cells. Solar panels can be used as a component of a larger photovoltaic system to generate and supply electricity in commercial and residential applications. Each module is rated by its DC output power under standard test conditions (STC), and typically ranges from 100 to 320 watts. The efficiency of a module determines the area of a module given the same rated output - an 8% efficient 230 watt module will have twice the area of a 16% efficient 230 watt module. The technology behind solar is relatively old, despite their futuristic appeal, but while the basics are the same the efficiency of solar panels has improved greatly in recent years. It’s worth noting that solar panel suppliers often have two types of solar panels on offer: thermal panels and photovoltaic (PV) panels. The former are used only to heat water. The electricity produced by solar panels will be used to power any appliances currently in use within home. Any electricity which is not used will be sent to the grid. India has abundant solar resources, as it receives about 3000 hours of sunshine every year, equivalent to over 5,000 trillion kWh. India can easily utilize the solar energy. Today the Government is encouraging generation of electricity from various renewable energy sources such as wind, solar, small hydro, biomass by giving various fiscal & financial incentives. This apart, the state governments are procuring electricity from renewable energy projects at preferential tariff. Multiple solar cells in an integrated group, all oriented in one plane, constitute a solar photovoltaic panel or solar photovoltaic module. Photovoltaic modules often have a sheet of glass on the sun-facing side, allowing light to pass while protecting the semiconductor wafers. Solar cells are usually connected in series in modules, creating an additive voltage. Connecting cells in parallel yields a higher current; however, problems such as shadow effects can shut down the weaker (less illuminated) parallel string (a number of series connected cells) causing substantial power loss and possible damage because of the reverse bias applied to the shadowed cells by their illuminated partners. Solar panels can be used to generate a portion of home’s power in order to reduce dependency on traditional power sources. For instance, install panels to provide electricity just for appliances or lighting, to reduce dependency on the utility company, as well as lower bill. Solar modules use light energy (photons) from the sun to generate electricity through the photovoltaic effect. The majority of modules use wafer-based crystalline silicon cells or thin-film cells based on cadmium telluride or silicon. The structural (load carrying) member of a module can either be the top layer or the back layer. Cells must also be protected from mechanical damage and moisture. The solar contribution stood at 5.44% as of 2018. Major factors driving the market studied are the declining cost of the solar module and the government policies like allowing 100% FDI under automatic route for renewable power generation and distribution projects which is expected to increase the participation from global players into the Indian market. With government promoting the solar installation in rural area by providing subsidized solar panels and other incentive, the solar PV installation is ought to increase during the forecast period and is expected to drive the market. So far, only five CSP projects, namely, ACME solar tower (2.5 MW), Dhursar (125 MW), Godawari solar project (50 MW), Megha solar plant (50 MW), and national solar thermal power facility (1 MW) have started operations in India. Owing to factors, such as, huge capital expenditure, difficulty in securing land and water, and insufficient DNI data, other projects have been delayed. India solar power products market is projected to grow at a CAGR of more than 11% to surpass $ 7.6 billion by 2024 on the back of increasingly stringent policy and regulatory framework and rising environmental concerns. The Ministry of New and Renewable Energy has set a target of 100 GW of solar power generation capacity by 2022. To achieve the target, government has taken several initiatives in the form of offering subsidies, financial assistance, and incentives to manufacturers, power producers and even customers. The global solar panel market volume reached 155.5 GW in 2019. A solar panel, also known as a PV panel, is a collection of solar (or photovoltaic) cells that employ natural sunlight to generate electricity. It is made of several solar cells, manufactured using silicon, boron, and phosphorus, which are arranged in a grid-like pattern on the surface. The utilization of solar panels has increased across the globe as they do not lead to any form of pollution and their installation helps in combating the harmful emissions of greenhouse gases. Also, innovations in quantum physics and nanotechnology are projected to increase their effectiveness potentially. They are superior to conventional solar panels in terms of efficiency and cost-effectiveness. They can also be integrated into almost any surface, which will further boost their applicability across various sectors. On account of these factors, the market to sustain positive growth over the forecast period (2020-2025). As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian Major Players • Dhursar Solar Power Pvt. Ltd. • Divine Solren Pvt. Ltd. • Ind Renewable Energy Ltd. • Indira Power Pvt. Ltd. • Janardan Wind Energy Pvt. Ltd. • Kiran Solar One Pvt. Ltd. • Laxmi Agroenergy Pvt. Ltd.
Plant capacity: 33 KW per dayPlant & machinery: 181 Lakhs
Working capital: -T.C.I: Cost of Project:668 Lakhs
Return: 28.00%Break even: 48.00%
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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
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • 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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NIIR PROJECT CONSULTANCY SERVICES (NPCS) is a reliable name in the industrial world for offering integrated technical consultancy services. NPCS is manned by engineers, planners, specialists, financial experts, economic analysts and design specialists with extensive experience in the related industries.

Our various services are: Detailed Project Report, Business Plan for Manufacturing Plant, Start-up Ideas, Business Ideas for Entrepreneurs, Start up Business Opportunities, entrepreneurship projects, Successful Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, project report, Cost and Revenue, Pre-feasibility study for Profitable Manufacturing Business, Project Identification, Project Feasibility and Market Study, Identification of Profitable Industrial Project Opportunities, Business Opportunities, Investment Opportunities for Most Profitable Business in India, Manufacturing Business Ideas, Preparation of Project Profile, Pre-Investment and Pre-Feasibility Study, Market Research Study, Preparation of Techno-Economic Feasibility Report, Identification and Selection of Plant, Process, Equipment, General Guidance, Startup Help, Technical and Commercial Counseling for setting up new industrial project and Most Profitable Small Scale Business.

NPCS also publishes varies process technology, technical, reference, self employment and startup books, directory, business and industry database, bankable detailed project report, market research report on various industries, small scale industry and profit making business. Besides being used by manufacturers, industrialists and entrepreneurs, our publications are also used by professionals including project engineers, information services bureau, consultants and project consultancy firms as one of the input in their research.

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