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Investment Opportunities & Business Ideas in Nigeria, West Africa - Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

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Paraffin Wax

Paraffin wax is an organic phase change material with high heat of fusion which in melting and solidifying at a certain temperature is capable of storing and releasing large quality of thermal energy. Melting point is the temperature variation property of paraffin wax that makes it the best choice organic phase change material used in latent heat and thermal energy storage. It is the melting point paraffin wax that allows it to be excellently used in preventing global warming and in home cooling. Liquid paraffin is also known as "white oil" or "mineral oil." It is colorless, odorless, and tasteless. This form of paraffin wax is often used in hair care products and cosmetic grade cleansing creams because of its ability to soften and resist moisture loss. White oil is also common in pharmaceutical products, food, and textiles. Chemically, paraffin wax is a mixture of saturated aliphatic hydrocarbons (with the general formula CnH2n+2).Wax is the residue extracted when lubricant oils are dew axed and it has a crystalline structure with a carbon number greater than 12.The main characteristics of wax are (1) absence of color, (2) absence of odor, (3) translucence, and (4) a melting point above 45°C (113°F). The global paraffin wax market is expected to reach USD 7.27 billion by 2025. Increasing demand for paraffin waxes in flexible packaging, candle manufacturing, rubber, and cosmetics is expected to aid in market expansion over the next nine years. Rising consumption of these products as a rheology modifier, electrical insulator, friction reducer, plasticizer, and flame retardant is expected to increase market size over the forecast period. Paraffin waxes are used in flexible packaging as they provide an excellent barrier against odor and gas transmission. The growing food & beverage sector in developing countries including China, Japan, India, South Korea, South Africa, and Brazil is expected to stimulate packaging growth, which in turn will drive product demand over the upcoming years. Asia-Pacific region dominated the global paraffin market. With the growing population and increasing per capita income, the number of houses is increasing in countries such as China and India, resulting in the increased average number of candles used by the individuals. With an increasing focus toward personal appearance, aging population, and quality of living, the use of cosmetic and personal care products is increasing in the region. The market for cosmetics in India has increased significantly since the past decade. Few Indian major players are as under X L Organics Ltd. K L J Organic Ltd Indian Oil Corpn. Ltd. Gandhar Oil Refinery (India) Ltd. Chennai Petroleum Corpn. Ltd.
Plant capacity: Paraffin Wax: 10. MT / Day Micro Crystalline Wax (Bye Product): 0.034 MT / Day Foot Oil (Bye Product) : 2.510 MT / DayPlant & machinery: Rs 312 lakhs
Working capital: -T.C.I: Cost of Project: Rs 886 lakhs
Return: 18.00%Break even: 51.00%
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IV Fluids (BFS Technology)

Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable. Another cause is blood loss, which causes problems both because people lose blood products, and because they experience a loss in fluid volume. Electrolyte levels in the blood can also become unstable as a result of rapid changes in fluid volume, in which case intravenous fluids can be used to restore the balance. Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenous administration. The global Intravenous (IV) solutions market was valued at USD 6.9 billion in 2015 and is projected to grow at a CAGR of 7.8% over the forecast period. The emergence of this market is attributed to the fast growing geriatric population and prevalence of malnutrition in the elderly and pediatric population. Intravenous (IV) solutions are fluids which are intended to be administered to a patient directly into the venous circulation. These fluids are sterile fluids which protects patients at the time of serious dehydration. There is various type of IV solutions available for use in the market. Many companies manufacture packaged intravenous fluids or products or compounds which can be mixed with sterile water to prepare a solution for intravenous administration. The market for Intravenous (IV) Solution is expected to reach USD 11,511.2 million by 2022 and is expected to grow at a CAGR of 7.69% during the forecast period 2016-2022. The factors which drive the growth of the market are the rising prevalence of chronic diseases, rising acceptance of vitamin C intravenous treatment therapy to treat colorectal cancer. This is attributed to the factors such as Growing acceptance of vitamin C intravenous for Colorectal Cancer and increasing prevalence of the chronic diseases. Europe is the second largest market which is growing at a CAGR of 8.12% from 2016-2022. Asia-Pacific region is the fastest growing market for IV Solutions, which is expected to grow at a CAGR of 8.34% during the forecast period from 2016 to 2022. Few Indian major players are as under Shree Krishna Keshav Laboratories Ltd. Pharmazell (India) Pvt. Ltd. Parenteral Surgicals Ltd. Kokad Pharmaceutical Laboratories Ltd. Ahlcon Parenterals (India) Ltd. Abaris Healthcare Pvt. Ltd. Axa Parenterals Ltd.
Plant capacity: IV Fluids (500 ml Size Pack): 146,748 Units / Day IV Fluids (100 ml Size Pack): 153,252 Units / DayPlant & machinery: Rs 4099 lakhs
Working capital: -T.C.I: Cost of Project : Rs 5808 lakhs
Return: 25.00%Break even: 41.00%
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Needles for Sewing and Embroidery Machine

A sewing needle, used for hand-sewing, is a long slender tool with a pointed tip at one end and a hole (or eye) at the other. The earliest needles were made of bone or wood; modern needles are manufactured from high carbon steel wire and are nickel- or 18K gold-plated for corrosion resistance. High quality embroidery needles are plated with two-thirds platinum and one-third titanium alloy. Traditionally, needles have been kept in needle books or needle cases which have become objects of adornment. Needles are offered in a wide range of sizes and the selection of needle size is based on the combination of fabric and sewing thread which is to be sewn. If the selected sewing needle is too small for the sewing thread size, the thread will not fit well into the long groove of the needle and will suffer from extreme abrasion. The use of too fine a needle while sewing heavy plies of fabric could lead to the deflection of the needle, which could influence the stitch loop pick up and cause slipped stitches or even needle breakage. Use of a larger sewing needle for the particular sewing thread resulted in poor control of the loop formation which could lead to slipped stitches. The primary reason to buy household sewing machines by end users is to enable saving on professional and labour fee on petty stitch works and also creation of custom embroidery, clothing articles. Also, growing preference for embroidery-based clothing and customization of fabric in recent commercial fashion design sector is also expected to impact the growth of household sewing machines market. The household sewing machines market in general is expected to sustain its notable presence and witness a healthy growth owing to perennial demand generating demographics consisting of female population in the globe. The global sewing machines market is projected to grow at the rate of 4.1% during the forecast period, 2018 to 2023. The large scale adoption of these automated sewing machines for most apparel and non-apparel manufacturing contributes to the growth of the sewing machine market. Supporting government policies in emerging policies, like China and India, influence textile manufacturers to adopt the latest technologies and expand their manufacturing sites, is expected to increase the demand for industrial sewing machines. However, strong presence of unorganized players and uncertainty in raw material costs are restraining the growth of sewing machines market. The future of the textile industry in India has a positive outlook and is mirrored by increasingly strong consumption rates in the domestic market as well as the growing demand for exports. Moreover, the industry has earned a unique place in the economy due to its strong future outlook, numerous employment opportunities it has generated and the strong export numbers it has generated. Asia-Pacific is the fastest growing region in the global sewing machines market. China, Japan, Australia, India, and Indonesia are the top contributing countries in the region. Many key players are entering into partnerships with the e-commerce retail stores in order to strengthen their distribution network which is likely to drive the market growth in the region. In addition, the presence of numerous manufacturing companies in the region makes a manufacturing hub. Few Indian major players are as under Singer India Ltd. Schmetz India Pvt. Ltd. Needle Industries (India) Pvt. Ltd. Groz Engineering Tools Pvt. Ltd.
Plant capacity: Sewing Needles (30 g each) per Pack 50 Pcs.: 6,400 Packs / Day Embroidery Needles (30 g each) per Pack 50 Pcs. : 1,600 Packs / Day Plant & machinery: Rs 256 lakhs
Working capital: -T.C.I: Cost of Project : Rs 939 lakhs
Return: 27.00%Break even: 59.00%
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Rice Flakes and Puffed Rice

Rice flakes industry has also an important role in popularizing wheat in traditionally non-wheat consuming regions of the country. Rice flakes consumed by people of all ages and all times. With tea and coffee, rice flakes make a tasty and nutrition’s snack. There is a definite need for the rice flakes industry to make inroads in the rural areas. Manufacturing of rice flakes products have substantial scope for development in smaller towns, village and backward areas and can provide a good number of employment opportunities at different levels. Rice is a major source of energy and an important source of protein. The availability of nutrients per 100 g of raw white rice provides 361 kcal and 6 g of protein. It also contains substantial amounts of zinc and niacin. On the other hand, it is low in calcium, iron, thiamine and riboflavin and has virtually no beta-carotene (Vitamin A). It is noteworthy that the highest the degree of polishing, the lowest the level of proteins, vitamins and minerals in the final product. Puffed rice is a commonly consumed commodity as a pastime snack. It can be used in combination with nuts such as groundnut or roasted and salted cashews; with fried gram; with Jiggery and coconut gratings, or dusted with salt and spices after enrobing with oil. Since the product is easily digested and assimilated, it finds a wide acceptance among a cross section of the households. It is a versatile product with an excellent market potential. The global edible flakes market value was estimated at nearly 14.51 (USD Billion) in 2018 and is expected to be valued at 24.75 (USD Billion) by 2025 at a cumulative growth rate of around 8%. The report edible flakes market encompasses market estimation and analysis on both the global as well as regional level. The research report offers an extensive valuation of the market, business rivalry, opportunities, sales forecasts, revenue forecasts, and industry-validated market data. The report offers historical data from 2016 to 2018 and a forecast from 2019 to 2025 based on earnings (USD Billion). Based on the product, the edible flakes industry is sectored into Wheat Flakes, Corn Flakes, Flakey Oats, and Rice Flakes. Corn flakes segment is anticipated to make major contributions towards the market revenue over the forecast period. The reason being the ability of corn flakes in improving the digestion of starch. Huge inclination towards ready-to-eat food item consumption in the developing countries is set to increase the popularity of the edible flakes over the forthcoming years. Apart from this, the changing dietary patterns of the customers along with a huge preference for processed food sue to hectic lifestyle is expected to define the growth of the edible flakes market during the forecast period.
Plant capacity: Puffed Rice (Muri): 20,000 Kgs / Day Rice Flakes (Poha): 30,000 Kgs / Day Broken Rice Flakes (Poha): 1,500 Kgs / Day Rice Husk (bye product): 15,000 Kgs / DayPlant & machinery: Rs 120 lakhs
Working capital: -T.C.I: Cost of Project: Rs 571 lakhs
Return: 28.00%Break even: 57.00%
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Toughened Glass

Toughening is a process where the glass is heated at high temperatures to make it stronger and more resistant to breakage. This process creates a balance in the product’s internal stresses, so that when the glass is broken, it would crumble into tiny granular chunks instead of breaking into sharp, jagged pieces. Toughened glass is a type of safety glass processed by controlled thermal or chemical treatments to increase its strength compared with normal glass. Toughened glass is a type of soda-lime-silica glass with a sheet thickness 4-12 mm. The sheet has a central tensile stress of 500-1200 kg/cm2 and a ratio of surface compressive stress to central tensile stress of 2:1 to 4:1. The article is toughened by heat exchange with an oil (or chilled air) in which these are maintained from 0.01–0.07 % liquid. The boiling point liquid may be an organic liquid such as carbon tetrachloride, methanol, benzene, toluene, trimethyl alcohol, ethyl alcohol or Xylene etc. The current market size of flat glass industry in India is 1.32 MN tonne annually. Indian glass industry consists as elsewhere of a number of distinct segments: architecture (45% market share), automotive (15% market share), and value added glass (10% market share), mirrors and furniture (15% market share), respectively. The total market of glass valued at Rs. 340 bn in 2015. The industry is growing at around 15% per annum. Consumption per capita of glass in India is only 1.2 kg compared 15 kg in China, 9 kg in developed countries and 35 kg in the USA. The global glass market size was valued at USD 68.71 billion in 2014. It is expected to attain a CAGR of nearly 7.1% from 2015 to 2022. Increasing use of flat glass in photovoltaic modules, solar panels and e-glass owing to rising need for clean energy is anticipated to be one of the key trends escalating market growth. Toughened Glass Market size was over USD 24.5 billion in 2016 and industry expects consumption above 4.3 billion square meters by 2024. Increasing demand for furniture including table tops, shelves and cabinets and other interior applications should stimulate toughened glass market size. Toughened glass market size from furniture applications should witness significant gains up to 2024 owing to increasing demand for innovative furniture designs for interior applications accompanied with improving lifestyle patterns of consumers. Few Indian major players are as under Atul Glass Inds. Ltd Floatglass India Ltd. Friends Glass & Glazing Pvt. Ltd. Saint-Gobain Sekurit India Ltd. Gold Plus Glasses India Ltd. Sisecam Flat Glass India Pvt. Ltd. Triveni Glass Ltd Triplex Glass Works Pvt. Ltd
Plant capacity: Toughened Glass (Size of Sheet 8 ft x 12 ft.): 4,000 Sq. Ft. / DayPlant & machinery: Rs 332 lakhs
Working capital: -T.C.I: Cost of Project : Rs 939 lakhs
Return: 24.00%Break even: 46.00%
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Pasta and Macaroni

Pasta is a food that is loved by people of all age group. It is not just easy to make but can be a healthy food option when combined with veggies and nutritious sauces. This food is not just tasty but also has an interesting production process. The production process can be divided into a series of steps and has three key factors. The list of factors that influences the quality of production are raw material, presence of skilled employees and processing technology. Macaroni is dry pasta shaped like narrow tubes. Made with durum wheat, macaroni is commonly cut in short lengths; curved macaroni may be referred to as elbow macaroni. Some home machines can make macaroni shapes, but like most pasta, macaroni is usually made commercially by large-scale extrusion. The curved shape is created by different speeds of extrusion on opposite sides of the pasta tube as it comes out of the machine. Macaroni is a variety of pasta and is used to make various pasta recipes. Macaroni can be substituted in many recipes which call for other types of pasta like penne, fusilli, rigatoni etc. According to “India Pasta Market By Product Type, By Shape Type, By Distribution Channel, Competition, Forecast & Opportunities, 2013-2023” pasta market stood at over $ 178 million in 2017 and is projected to grow at a CAGR of around 17% to reach $ 453 million by 2024 on account of increasing awareness about health benefits of pasta as it is made of semolina durum wheat and not from refined flour. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. The primary factors catalyzing the growth of the pasta market in India include rising urbanization, changing lifestyles and surging demand for ready-to-eat products. In addition to this, the market is also influenced by an increasing women employment rate coupled with rising disposable incomes. Further, the health-conscious consumers are demanding food products with healthier ingredients, which has led to a rise in the demand for pasta made with whole-wheat and quinoa. Some of the other forces that have been proactive in maintaining the market growth are longer shelf-life and ease of preparation. Few Indian major players are as under Weikfield Foods Pvt. Ltd. Venkatramana Food Specialities Ltd Nestle India Ltd. M T R Foods Pvt. Ltd. Fieldfresh Foods Pvt. Ltd. Capital Foods Pvt. Ltd. Bambino Food Inds. Ltd. Bambino Agro Inds. Ltd.
Plant capacity: Pasta (1 Kg Pack): 13,000 Packs / Day Macaroni (1 Kg Pack): 13,000 Packs / DayPlant & machinery: Rs 863 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1300 lakhs
Return: 12.00%Break even: 65.00%
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Moringa Oleifera (Drumstick) Powder

Moringa Oleifera is the most widely cultivated species of the genus Moringa, which is the only genus in the family Moring aceae. English common names include: moringa, drumstick tree (from the appearance of the long, slender, triangular seed-pods), horseradish tree (from the taste of the roots, which resembles horseradish), ben oil tree, or benzoil tree (from the oil which is derived from the seeds). The powder prepared from drumstick can be used as a flavoring agent for various non-vegetarian dishes to enhance the flavour of chicken or meat and can also be used for drumstick soup preparation by adding spice powder and other ingredients. In addition it can also be used as a thickening agent for Sambar and chutney preparation, instant soup powder and in parotta along with potato as a flavour enhancer. India is the largest producer of moringa, with an annual production of 1.1 to 1.3 million tonnes of fruits from an area of 380 km². Among Indian states, Andhra Pradesh leads in both area and production (156.65 km²) followed by Karnataka (102.8 km²) and Tamil Nadu (74.08 km²), a pioneering state having varied genotypes from diversified geographical areas and introductions from Sri Lanka. Drumstick is one of the world’s most useful trees with potential to improve nutrition, boost food security, and foster rural development and support sustainable land care. From leaves and root to pods and seeds, all parts of the drumstick tree are highly edible. The increasing awareness about the health advantages of moringa products will be one of the major factors that will have a positive impact on the global moringa products market during the forecast period. Over the years, moringa products such as moringa leaf powder have seen a growth in the sales in the global market. The rising health awareness in countries such as Europe and Americas have given rise to the increasing usage of moringa products by the consumers. This will drive the moringa products market future growth till 2022. India is the prevalent producer of Moringa with an annual production of 1.3 million tonnes of tender fruits from an area of 38,000ha. Among the states, Andhra Pradesh leads in both area and production (15,665 ha) followed by Karnataka (10,280 ha) and Tamil Nadu (7,408 ha). In other states, it occupies an area of 4,613 ha. The drumstick is valued mainly for its tender pods, which are relished as vegetable but all its parts – bark, root, fruit, flowers, leaves, seeds and even gum – are of medicinal value. They are used in the treatment of as cites, rheumatism and venomous bites as antiseptic and as cardiac and circulatory stimulants. India is the largest producer of drumstick with an annual production of 1.1 to 1.3 million tonnes grown over 38,000 hectares. Gujarat state provides a large market for drumstick. All districts in Maharashtra, Indore, Gwalior, Madras, Kerala whole of South India, Uttar Pradesh provide a good potential for inland Market. In pharmaceutical there are number of verticals but nutraceutical is an area which is growing at faster speed in India due to awareness for healthcare. Increased life span in India and growing population of senior citizens has increased the demand for nutraceutical products and their ingredients like drumstick powder. It is estimated that nutraceuticals demand is growing at the rate of 10% per annum. Drumstick is a natural medicine for nourishment & digestive disorder. Moringa leaves and pods can help decrease developing countries’ dependence on imported goods, such as vitamin and mineral complexes that ward off nutritional deficiency but are too expensive to be used in a sustainable way. Originated from India, moringa trees are now found in Ghana, the Philippines, Nigeria, Kenya, Rwanda, Niger, Mozambique, Cambodia and Haiti. Today, the moringa market globally is estimated at more than Rs 27,000 crore, which is expected to cross Rs 47, 250 crore by 2020, growing at a rate of nine per cent per year. Few Indian major players are as under Ayurvedic Pharmaceutical Co. Ltd. Ayurvedshri Herbals Ltd. Ganga Pharmaceuticals Ltd. Gayatri Herbals Pvt. Ltd. Indian Medicines Pharmaceuticals Corp. Ltd. Heal Ayurveda Pharmacy Ltd. Kerala Ayurveda Ltd. Indus Biotech Pvt. Ltd. Surya Herbal Ltd. Sanatan Herbal & Naturals Ltd.
Plant capacity: Drumstick (Moringa Oleifere) Powder: 400 Kgs / DayPlant & machinery: Rs 31 lakhs
Working capital: -T.C.I: Cost of Project : Rs 71 lakhs
Return: 29.00%Break even: 71.00%
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Biodegradable Plastic Bags from Corn & Cassava Starch

Corn starch has 25% amylose and 75% amylopectin. The amylose molecules loose lose water increase biodegradation characteristic and amylopectin molecule is responsible for plasticizer properties. Their granule size ranges between 5 to 20 microns. i.e. good absorption capacity, rapid gel formation & good strength. Starch is used to produce such diverse products as food, paper, textiles, adhesives, beverages, confectionery, packaging, pharmaceuticals, and building materials. Cassava starch has many remarkable characteristics, including high paste viscosity, high paste clarity, and high freeze-thaw stability, which are advantageous to many industries. Cassava starch could be used for making various types of packaging products. As a major source of starch in tropical and subtropical regions, cassava is a promising raw material for the development of biodegradable plastics in these areas. Biodegradable packaging sector is a small segment which represents a merger percentage of the packaging industry. The global biodegradable packaging has now moved on towards more advanced and efficient packaging. A decade ago, biodegradable packaging was not known to have any real significance. However, recently biodegradable packaging has become an integral part of the global packaging market. The rising consumer awareness towards biodegradable packaging has led to the tremendous growth of the overall market. Cassava bags are made by making PLA(Poly(lactic acid) or polylactic acid or polylactide (PLA) is a biodegradable and bioactive thermoplastic aliphatic polyester derived from renewable biomass, typically from fermented plant starch such as from corn, cassava, sugarcane or sugar beet pulp). These PLA resins (granules) are then added to a machine (film blower machine) and make the bio plastic sheets, then these bioplastics sheets are feeded into bag making machine and cut bags. The global biodegradable plastic packaging market was valued at USD 4.65 billion in 2019, and is expected to reach a market value of USD 12.06 billion by 2025, registering a CAGR of 17.04% during the forecast period of 2020-2025.Growing environmental concerns regarding plastic usage that consists of toxic pollutants which are harming plants, animals, and people are driving the use of biodegradable plastic. Stringent regulations by various government and federal agencies with an objective to reduce plastic waste and promote biodegradable plastics usage in packaging is boosting the demand of this market. Regulations related to green packaging is increasing and various FMCG companies are required to adopt biodegradable packaging to comply with the standards which in turn is propelling the growth of this market.
Plant capacity: Biodegradable Plastic Bags from Corn Starch (Per Bag 25 gms Size) : 6 MT / Day Biodegradable Plastic Bags from Cassava Starch (Per Bag 25 gms Size) : 6 MT / DayPlant & machinery: Rs 1053 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1768 lakhs
Return: 27.00%Break even: 51.00%
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Aluminium Ingots from Aluminium Scrap

Ingots are very large casting products, greater in size and shape than blooms, billets and slabs. Ingot generally has rectangular/square cross section, but it is not necessary that it should be uniform throughout its length. (Ingot may have variable cross section.) Aluminium Alloy Ingots Like LM-2, LM-4, LM-6 which are commonly used in Gravity and Sand Casting, Pressure Die Casting Alloys like LM-13, LM-14, LM-24, ADC-12, ALSI-132 etc. are also being manufactured as per the Indian and International standards. India's share in world aluminium market is estimated at around 3%. India ranks fifth in bauxite production after Australia (62 mntonnes), Guinea (17.50 mntonnes), Brazil (16.20 mntonnes) and China (10.75 mntonnes). With a total output of 9.25 mntonnes, the country contributes about 6% of the world's total production of 159 mntonnes, India holds the fifth position in reserves base and is ahead of China with 2300 mntonnes. India ranked seventh in alumina production with a total output of 3 mntonnes, a share of nearly 5% of the global production of 61 mntonnes. The per capita consumption of aluminium in India continues to remain abysmally low at under 1 kg as against nearly 25 to 30 kg in the US and Europe, 15 kg in Japan, 10 kg in Taiwan and 3 kg in China. Aluminium has a wide range of applications, from aircraft building to packaging, a major consumer being the electrical industry. The two sectors, electricity and transportation, account for more than half of the total off take. The key consumer industries in India are power, transportation, consumer durables, packaging and construction. Of this, power is the biggest consumer (about 44% of total) followed by infrastructure (17%) and transportation (about 10% to 12%). In the transportation sector, aluminium is used for paneling, floors and windows. So far, it is not used for structural parts and bodies of automobiles. An Indian car uses only about 54 kg of aluminium against a global average of 100 to 110 kg. This sets the high potential for growth with the increase in the automobile sector. Aluminium ingots constitutes 25 to 30% of the total aluminium consumed in India. The market for aluminium ingots in India has been growing at around 12% per annum during the last few years. Jindal Aluminum and Hind Alco are the largest players in the Extrusion segment with combined market share of 30%. Other than FRP and Extrusion, Castings is one large segment which primarily serves the automotive market and mostly uses Aluminum in the Scrap form Few Indian major players are as under Vijayshree Alloys (Pune) Pvt. Ltd. Sun Industries Ltd. Shree Balaji Alumnicast Pvt. Ltd. Perfect Alloys & Steel Ltd. Indo Alusys Inds. Ltd. Gravita India Ltd. Baheti Metal & Ferro Alloys Ltd.
Plant capacity: Aluminium Alloy Ingots: 24 MT / Day Aluminium Scrap: 0.40 MT / DayPlant & machinery: Rs 186 lakhs
Working capital: -T.C.I: Cost of Project : Rs 703 lakhs
Return: 30.00%Break even: 62.00%
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Needles for Sewing and Embroidery Machine

Needles for Sewing and Embroidery Machine. Opportunities for Entrepreneurs to Start Own Industry. Embroidery needles are designed for use with fabrics like rayon, polyester, cotton or acrylic embroidery thread. These needles are designed with a special scarf which is a groove out of one side of the needle, and a larger eye to prevent shredding when sewing with special machine embroidery threads. Machine embroidery is most typically done with rayon thread, although polyester thread can also be used. Cotton thread, on the other hand, is prone to breaking and should be avoided if under 30 wt. Related Projects: - Industrial & Engineering Products, Manufactured Goods, Industrial Engineering Products. Mechanical, Engineering, Automobile Industries Household sewing machines reduce the efforts of visiting a tailor every now and then and also save time and money. A typical household sewing machine works on the principle of needle and thread feed mechanism. The construction of a household sewing machine involves spool pin, binder spindle, winder stopper, hand wheel, width, length and tension dials, feed dog, needle and needle plate. The household sewing machines are not only used to stitch torn clothes but are in fashion for making creative embroideries on clothes and canvas. Connoisseurs and artisans all over the world find a household sewing machines to be of a great help. Sewing Machine Needle Sizes Understanding the numbers associated with sewing machine needles will help you make the correct choice and possibly solve machine problems. All of the numbers associated with sewing machine needles can stop you in your tracks. It's a simple labeling system, but the confusion comes in because they use both a European and American labeling system. The American system uses 8 to 19, 8 being a fine needle and 19 being a thick heavy needle. Related Project: - Needles For Sewing and Embroidery Machine European sizes range from 60 to 120, 60 being a fine needle and 120 being a thick heavy needle. Either way, the higher the number, the thicker/heavier the needle. Market Outlook Household Sewing Machines Market: Dynamics The primary reason to buy household sewing machines by end users is to enable saving on professional and labour fee on petty stitch works and also creation of custom embroidery, clothing articles. Also, growing preference for embroidery-based clothing and customization of fabric in recent commercial fashion design sector is also expected to impact the growth of household sewing machines market. The household sewing machines market in general is expected to sustain its notable presence and witness a healthy growth owing to perennial demand generating demographics consisting of female population in the globe. However, lack of awareness about various applications that can be carried out on household sewing machines can be a restraint to the growth of the household sewing machines market. The globe to enhance skills is expected to significantly boost the global household sewing machines market in the recent years. In countries of South-East Asia, Africa and Latin America, the regional government has enabled subsidies on procurement of household sewing machines to the women workforce based in rural areas in an endeavor to promote the domestic small-scale apparel and handicrafts sector. Market Research: - Market Research Report The growth in population and ecommerce preferences in developing countries increase demand from textile industry. Growing demand from the textile industry influence the sewing machine components market in terms of growth. Asia pacific is expected to be prominent region in sewing machine components market. Major investment by overseas players in Asia pacific textile industry deliver significant demand for the sewing machine that propel the demand for sewing machine components over the forecast period. During this long period of existence the industry has upgraded itself through innovations and introductions of new products at regular intervals. Sewing and embroidery machinery industry is coming every day with some new features in their machineries to keep abreast with end users requirement. Adaptability and ease of use are becoming the determining factors for the success of a product. Related Video: - Industrial & Engineering Products, Manufactured Goods, Mechanical, Automobile, Metal, Metallurgical, Wire, Aluminum, Copper Products, LPG Cylinder An emergence of embroidery as a major fashion trend has propelled the demand for power-operated embroidery machines across the commercial textile industry. However, a primary burden of compliance on embroidery machine industry is hampering the overall market growth. Key Players:- Groz Engineering Tools Pvt. Ltd. Needle Industries (India) Pvt. Ltd. Schmetz India Pvt. Ltd. Singer India Ltd. Examples of some of the market participants in the global sewing machine components market identified across the value chain include Bernina International AG Rieter Group Brother Industries Ltd. Janome Sewing Machine Co. Ltd., JUKI Corporation SEW-EURODRIVE Reliable Corporation Singer Corporation Tags:- #needlesforsewing #Sewingneedles #Needles #embroidery #embroiderymachine #sewingmachine #sewing #sewingNeedle #businessconsultant #businessfeasibilityreport #DetailedProjectReport #EntrepreneurIndia #startupideas #NPCS #feasibilityReport
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
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  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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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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