Food Technologies

Natural Colours, Herbal Extracts and Oleoresins
Integrated Coir Processing
Aquaculture and Seafood Exports

Natural Colours, Herbal Extracts and Oleoresins

 

  • Plant or herbal extracts are natural products which have gained
    immense importance over the past few years. Such products are used as raw materials or ingredients by the companies operating in pharmaceuticals, cosmetics, and food and
    beverages industries across the world.
  • Kerala is known for its lush green cover and abundance of
    natural resources. There is increase in awareness of naturally available produce and products. The global essential oils and oleoresins market is poised to surge exponentially in the
    forthcoming years.
  • As of now, the sector focus in on export markets and the
    industrial segment like hotels, bakeries etc. Huge scope exists for expanding the market to include home users,
    caterers and industrial canteens. As the food industry grows continuously, the demand for flavoring agents, natural colors,
    and spice oils will increase.
  • Rising interest in ayurvedic and herbal medicines, will increase
    demand of herbal extracts as a raw material to the burgeoning industry. This sector has a huge potential that can be explored.
  • The project proposes production of herbal extracts - 150 MT/
    annum, natural colors/flavors: 100T/ annum and oleoresins:
    50 T/ annum in Ernakulam or Palakkad districts.

 

  • Asia Pacific is amongst the fastest growing geographies owing to the demand and supply of herbal extracts from
    China and India. India herbal extracts market has recorded phenomenal growth over the years with rising awareness
    among the people about the health benefits of consuming herbal products

Investment Avenues

  • The market is upcoming and relatively new in Kerala paving way for multifold opportunities to explore in this sector
  • Synthite Industries Ltd. Kochi commands 30% of the global market.
  • Some of the other national Key Players include Arjuna natural extracts Ltd., Bio-gen
    extracts Pvt. Ltd., Vidya Herbs Pvt Ltd., Venkatesh Natural Extract Pvt Ltd., Akay
    Flavours & Aromatics Ltd., Global Green Co. Ltd., Kancor Ingredients Ltd., Novo Agritech Ltd., Sijmak Oils Ltd. and South East Agro Inds. Ltd.
  • Skilled job requirement is essential requirement to provide competitive capabilities to players.
  • Other players include Kancor, AVT Natural etc.

 

Impact On The Economy

The growth of the IT sector has had a substantial impact on Kerala's economy. It has created numerous job opportunities, contributing to reduced unemployment rates. Additionally, the state's IT exports have been steadily increasing, adding to its revenue. As IT companies and startups flourish, they also attract investment, thereby further stimulating the economy.Kerala's IT sector is not just about software services; it has diversified into various niches. Some notable sectors include healthcare IT, cybersecurity, fintech, and e-governance. These niche areas cater to both domestic and international markets, generating revenue and employment opportunities.

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Integrated Coir Processing

 

  • Coconut consists of water and copra contained in a hard shell covered with fibrous husk. Coir composite boards consist of properties such as lightweight, corrosion resistance and other advantages, the proposed Coir composite
    boards (CCB) of integrated Coir processing plant will be an important composite material in building and civil engineering fields.
  • Fibre is extracted from coconut husk mechanically and is used in making several products with wide applications such as Coir Fibre, Coir Yarn, Floor Mats, Curled Coir, Mattresses, Coir Ropes, Anti-weed blankets, Erosion Control
    Blankets, Fishing Nets, Coir Pith – A by-product.
  • The coir processing park is proposed to enable overall expansion of the industry and the creation of greater value
    addition per worker.

 

Investment Avenues

Build a world class facility to house coir processing units with modern supporting Infrastructure including:

  • Water supply system
  • Access and Internal Roads
  • Power
  • Effluent Treatment Plant
  • Common facility Center
  • Quality Control & Testing La

Modernisation of traditional industries is envisaged in
mechanisation of production processes in these industries.
Moreover, with modernisation, Kerala’s traditional Coir industries will strive to diversify into new products (such as geo-textiles in
the coir sector), and evolve effective marketing and distribution strategies.

 

Impact On The Economy

The growth of the IT sector has had a substantial impact on Kerala's economy. It has created numerous job opportunities, contributing to reduced unemployment rates. Additionally, the state's IT exports have been steadily increasing, adding to its revenue. As IT companies and startups flourish, they also attract investment, thereby further stimulating the economy.Kerala's IT sector is not just about software services; it has diversified into various niches. Some notable sectors include healthcare IT, cybersecurity, fintech, and e-governance. These niche areas cater to both domestic and international markets, generating revenue and employment opportunities.

rightLeaf

Get to Know Us: Kerala's Investment Destination of Choice.

Exploring Kerala: Your Investment Journey Begins Here

knowUsPic1
KSIDC

Our vision at Invest Kerala is to see the state emerge as a beacon of economic vitality and innovation on both national and global fronts. We aspire to create an environment where every investor's dreams can take root

Read More

Aquaculture and Seafood Exports

 

The Aquaculture scenario in Kerala is mostly dominated by shrimp culture especially in coastal area, and recorded rapid progression in production and makes a significant contribution to the foreign exchange earning through exports. The diversification of
production by introducing new commercial species, adoption of new technologies and introduction of seafood export units for value added products shall help open a new set of opportunities in the fisheries sector. Kerala is yet to tap the burgeoning prospects of aquaculture. Empowerment of fish farmers in the state can make them aware of the potential of diversification of  aquaculture practices such as integrated farming and cage culture. Aquaculture has emerged one of the fastest growing food production activities in the world. This facility can help disseminate the vast potential of the fisheries and aquaculture sector and offer numerous investment opportunities in this industry

Project details

  • The proposed project is to built an Aquaculture and Seafood export facility at an area of 20 acres of government land earmarked for fishing harbor and
    seafood park (with processing and cold storage) at Vizhinjam Port.
  • Vizhinjam is a major fishing village in Thiruvananthapuram and proximity of
    Vizhinjam Port to major international sea route and East West shipping region puts forth tremendous potential towards development of ornamental fish trade
    and aquaculture of Vannamei, Tiger Shrimps and Bamboo Shrimps
  • The aim of this project is to boost the aquaculture industry and seafood export
    in Kerala to enhance the food security, creation of employment opportunities, generation of income and surplus for trade in fish and fishery products.
  • Development of an aquaculture and a seafood Park at Vizhinjam would
    significantly value add the seafood produce of the local fishermen fraternity and economically back boost them.

Investment Avenues

  • Potential investors not only get a chance to finance a range of
    components from cruise vessels to water sports equipment, but also get to explore options of developing boats leveraging the latest technological trends that can save the environment, and
    hence contribute to the State’s responsible tourism initiatives.
  • Allied tourism destinations along the cruise pathway open a
    plethora of investment opportunities for them as well (such as
    Beach-Fort Tourism development, setting up of resorts, Vintage
    homestays, Museum guided Tours etc.)

 

Impact On The Economy

The growth of the IT sector has had a substantial impact on Kerala's economy. It has created numerous job opportunities, contributing to reduced unemployment rates. Additionally, the state's IT exports have been steadily increasing, adding to its revenue. As IT companies and startups flourish, they also attract investment, thereby further stimulating the economy.Kerala's IT sector is not just about software services; it has diversified into various niches. Some notable sectors include healthcare IT, cybersecurity, fintech, and e-governance. These niche areas cater to both domestic and international markets, generating revenue and employment opportunities.

rightLeaf

Get to Know Us: Kerala's Investment Destination of Choice.

Exploring Kerala: Your Investment Journey Begins Here

knowUsPic1
KSIDC

Our vision at Invest Kerala is to see the state emerge as a beacon of economic vitality and innovation on both national and global fronts. We aspire to create an environment where every investor's dreams can take root

Read More

Last Updated on: 17 July 2024സന്ദ൪ശകരുടെ എണ്ണം : 3056822