Iodised Salt Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Production Schedule, Working Capital Requirement, Plant Layout, Process Flow Sheet, Cost of Project, Projected Balance Sheets, Profitability Ratios, Break Even Analysis

Iodised Salt

Iodised Salt

Iodised salt (also spelled iodized salt) is table salt mixed with a minute amount of various salts of the element iodine. The ingestion of iodine prevents iodine deficiency. Worldwide, iodine deficiency affects about two billion people and is the leading preventable cause of intellectual and developmental disabilities. Deficiency also causes thyroid gland problems, including “endemic goitre”. In many countries, iodine deficiency is a major public health problem that can be cheaply addressed by purposely adding small amounts of iodine to the sodium chloride salt.

Salt is existent in all animal and vegetable life and is coeval with life itself. It is a basic element in food of any living being. Salt as a chemical is of significant importance. Salt was the name originally given to the residue left by evaporation of sea water. Afterwards the name was employed to include all substances held in solution in sea water. Chemists ultimately extended the name to cover all combinations of an acid and a base. Sodium chloride (NaCl) now called common salt, is an example of the simplest type of chemical salt. Sodium chloride is an essential constituent of the body fluids and is responsible for a number of vital functions in the body.

Few Indian Major Players are as under:

Ankur Chemfood Ltd.

G Das & Co. Pvt. Ltd.

Hindustan Salts Ltd.

Nirma Ltd.

Rasoi Ltd.

Saboo Sodium Chloro Ltd.

Sahayamatha Salt Refinery Ltd.

Sambhar Salts Ltd.

Super Salts Pvt. Ltd.

Tamil Nadu Salt Corpn. Ltd.

Tata Chemicals Ltd.

Tuticorin Salt & Marine Chemicals Ltd.

Vaibhav Enterprises Ltd.

Cost Estimation:

Capacity                                  :           15000 MT/ Annum

Plant & Machinery                  :           698 Lakhs

Cost of Project                         :           1055 Lakhs

Rate of Return                         :           45%

Break Even Point                    :           42%

Market Outlook

India is the third largest Salt producing Country in the World after China and USA with Global annual production being about 230 million tones.  The growth and achievement of Salt Industry over the last 60 years has been spectacular.

Global demand for salt is projected to climb 2.9 percent annually through 2015 to 327 million metric tons, valued at $13.4 billion. Increased salt consumption in most parts of the world will more than offset expected contractions of demand in Western Europe and Japan.

India follows closely behind the US by exporting $129,097,000 worth of salt every year and like the US is one of the top producers of salt in the world.

Production and Supply of Iodized Salt in India

Production and Supply of Iodized Salt in India
(1995-1996 to 2016-2017-upto November 2016)
(In Lakh MT)
Years Production Supplies
1995-1996 38.03 35.98
1996-1997 40.99 38.95
1997-1998 41.28 39.93
1998-1999 40.17 37.82
1999-2000 46.16 44.19
2000-2001 45.35 44.29
2001-2002 47.92 41.71
2002-2003 36.89 35.11
2003-2004 42.46 40.58
2004-2005 46.10 44.29
2005-2006 49.84 48.27
2006-2007 51.54 49.50
2007-2008 49.61 48.64
2008-2009 53.68 49.23
2009-2010 58.23 54.88
2010-2011 62.00 60.19
2011-2012 62.00 59.70
2012-2013 61.81 58.64
2013-2014 58.47 55.08
2014-2015 64.54 60.59
2015-2016 64.76 62.43
2016-2017* 43.35 41.28

Global Demand for Salt

Salt production in India is expected to increase over 35% to 40 million tonnes per year by 2020.

In India, Gujarat, Tamil Nadu and Rajasthan contribute to about 96% of the Country’s salt production. Gujarat contributes 75% to the total production, followed by Tamil Nadu (11 %) and Rajasthan (10 %).

About 62% of the total production is from large salt producers, 28% is contributed by small scale producers and rest by medium scale producers.

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Tags

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