Niir Project Consultancy Services (NPCS) through its network of project consultants in a wide range of business and technological disciplines is engaged in providing services to its clients by way of preparation of project reports. We provide the pre-investment information and business plans required for promoters, business leaders, young entrepreneurs, women entrepreneurs, investors, NRI (Non Resident India), startups, professionals looking to start their own venture. The comprehensive project profile reports cover all the aspects of business, from analyzing 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, break-even point, rate of return (ROR), etc. the DPR is formulated by highly accomplished and experienced consultants and the market research and analysis are supported by a panel of experts and digitized data bank.

Start Manufacturing of Water Based Emulsion (Used as Coating for Paper Cups and Straws Replacing PE Coating)

Capacity Acrylate Emulsions 3 MT Per Day Plant and Machinery cost 55.00 Lakhs
Working Capital 0.00 Rate of Return (ROR) 28.00 %
Break Even Point (BEP) 54.00 % TCI 0.00 Lakhs
Cost of Project 414.00Lakhs


Water-based emulsion refers to a sophisticated coating formulation where polymer particles are dispersed in water rather than in organic solvents. This technology leverages the natural solvent properties of water to create a uniform and stable mixture that, when applied to a surface, dries to form a durable, protective layer. The polymers used in these emulsions can vary, but they typically include acrylics, styrene-acrylics, and polyurethane dispersions, chosen for their excellent adhesion properties and environmental compatibility.

The mechanism of action of water-based emulsion coatings involves the evaporation of water once the coating is applied to a substrate, such as paper or cardboard. As the water evaporates, the polymer particles coalesce, forming a continuous film that bonds to the substrate, providing a moisture-resistant and sometimes oil and grease resistant barrier. This process is integral to producing packaging materials that are both durable and capable of withstanding the demands of various food packaging applications.


Water-based emulsions, used as coatings for paper cups and straws as a replacement for polyethylene (PE) coatings, offer a range of environmental and functional benefits. Here's a detailed look at these advantages:

  1. Biodegradability and Compostability: Unlike PE coatings, water-based emulsions can be formulated to be fully biodegradable and compostable. This means that paper products coated with such emulsions can break down naturally, reducing the accumulation of waste in landfills and facilitating a more sustainable disposal process.
  2. Recyclability: Water-based coatings can improve the recyclability of paper products. PE-coated paper cups and straws are challenging to recycle because the plastic coating must be separated from the paper, a process that is often not cost-effective. In contrast, water-based emulsions can be designed to break down more easily during the paper recycling process, allowing the paper fibers to be recovered and reused.
  3. Reduced Environmental Impact: The production and application of water-based emulsions typically have a lower environmental impact compared to PE coatings. They emit lower levels of volatile organic compounds (VOCs) during production and application, contributing to better air quality and reducing health risks for workers in manufacturing facilities.
  4. Safety and Non-Toxicity: Water-based emulsions are generally safer for human health. They are made from water and naturally derived polymers, making them non-toxic and safe for use in food packaging applications. This is particularly important for products like paper cups and straws, which come into direct contact with beverages and food.
  5. Performance and Functionality: Advances in water-based technology have led to the development of emulsions that match or even exceed the performance of traditional PE coatings. They can provide excellent barrier properties against water, oil, and grease, ensuring that paper cups and straws maintain their integrity and functionality during use.
  6. Energy Efficiency: The application process for water-based coatings can be more energy-efficient than that for PE coatings. Water-based emulsions can be applied at lower temperatures, reducing the energy required for drying and curing, which contributes to lower overall production costs and a smaller carbon footprint.
  7. Flexibility in Application: Water-based coatings can be applied using a variety of methods, including spraying, rolling, and brushing, offering flexibility in manufacturing processes. This adaptability can lead to efficiencies in production and the ability to coat a variety of paper products with different shapes and sizes.
  8. Enhanced Aesthetics: Water-based coatings can also enhance the appearance of paper cups and straws. They can provide a matte or glossy finish, depending on the desired aesthetic, and can improve printability, allowing for vibrant and durable graphics on the coated paper products.

The use of water-based emulsions as coatings for paper cups and straws presents a promising alternative to traditional PE coatings. These benefits align with growing consumer demand for more sustainable and environmentally friendly packaging solutions, offering a viable path toward reducing the environmental impact of disposable paper products.

India Market Outlook

The India paper cups market reached a volume of about 8.59 billion units in 2023 and expected to grow at a CAGR of 3.2% between 2024 and 2032 to reach a volume of about 11.38 billion units by 2032. The India paper cups market growth can be attributed to a variety of factors, including increasing disposable incomes, convenience, recyclability, government regulations, and the development in the food services industry. Paper cups are commonly used in India for food and beverages, including tea, coffee, soft drinks, etc. There are two primary types of paper cups, hot and cold. Cold cups generally consist of a waxy coating inside to prevent the paper from becoming damp and from absorbing the liquid. Although hot cups are almost the same as cold cups, the only difference being that hot cups are specifically built to withstand the heat which cold cups cannot withstand. At present, sanitation and hygiene are the main drivers of the increasing market for disposable paper cups.

Global Market Outlook

The global paper cups market size was valued at USD 9.90 billion in 2022 and is projected to grow from USD 10.43 billion in 2023 to USD 12.94 billion by 2030, exhibiting a CAGR of 3.1% during the forecast period. Cafes and restaurants use disposable paper cups to instantly serve their customers coffee, tea, soup, and other beverages. These products are available in different shapes, sizes, and colors. They prefer custom-printed disposable food service products to portray their brand information and build restaurant service sales. Growing demand for paper cups, plates, trays, spoons, and other disposable food service products in restaurant settings accelerates the paper cup market growth.

Shifting restaurant and hotel consumers’ preference from plastic and foam-based cups to eco-friendly beverageware to avoid waste generation from their food service operations will favor the paper cup industry's growth. Recently, paper mills have focused on building recycling facilities to significantly use recycled paper material in their products. These companies' initiatives will likely create newer growth opportunities in the paper cup market.

Growing coffee and tea consumption among people to improve energy & stamina is simultaneously driving the global demand for paper coffee cups. In addition, rising demand for takeaway food services and increasing consumption of ready-to-drink beverages among the global population is accelerating the paper cups market growth. According to surveyed data published by the National Coffee Association (NCA), in 2023, around 65% of Americans drink coffee every day, compared to 62% in 2020. 

North America was valued at USD 4.87 billion in 2022. The region holds a major market share due to the significant consumption of food service disposables among the household & restaurant settings in the U.S. and Canada. For instance, in 2022, Huhtamäki Oyj, a Finnish consumer packaging company, sold around USD 1,584.78 million of tableware, food service, and consumer goods packaging products in North America.


Starting a business in water-based emulsion coatings for paper products is a forward-thinking move that aligns with environmental and market trends. It presents an opportunity to lead in the transformation of the packaging industry, offering innovative, sustainable solutions that meet the evolving needs of consumers and businesses alike.

Key Players

·         Kap Cones Pvt. Ltd. (India)

·         Surya Disposable Product

·         Sri Lakshmi Polypack

·         Leetha Group

·         Arpan FP

·         Swan International

·         Ecopack India Paper Cup Pvt. Ltd

·         Eco-Products Inc (U.S.)

·         International Paper (U.S.)

·         Detmold (Australia)

·         Frugual Pac Limited

·         Grupo Phoenix Capital Limited

·         F Bender Limted

·         Conver Pack Inc.

·         Stanpac Inc.

·         Biopac UK. Ltd

·         Bio Futura B.V

·         Natural Tableware

·         Ecoware Biodegradables Inc.


  • 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.


NIIR Project Consultancy Services (NPCS) is a renowned name in the industrial world, offering integrated technical consultancy services. Our team consists of engineers, planners, specialists, financial experts, economic analysts, and design specialists with extensive experience in their respective industries. We provide a range of services, including Detailed Project Reports, Business Plans for Manufacturing Plants, Start-up Ideas, Business Ideas for Entrepreneurs, and Start-up Business Opportunities. Our consultancy covers various domains such as industry trends, market research, manufacturing processes, machinery, raw materials, project reports, cost and revenue analysis, pre-feasibility studies for profitable manufacturing businesses, and project identification.

Our Services

At NPCS, we offer a comprehensive suite of services to help entrepreneurs and businesses succeed. Our key services include:

  • Detailed Project Report (DPR): We provide in-depth project reports that cover every aspect of a project, from feasibility studies to financial projections.
  • Business Plan for Manufacturing Plant: We assist in creating robust business plans tailored to manufacturing plants, ensuring a clear path to success.
  • Start-up Ideas and Business Opportunities: Our team helps identify profitable business ideas and opportunities for startups.
  • Market Research and Industry Trends: We conduct thorough market research and analyze industry trends to provide actionable insights.
  • Manufacturing Process and Machinery: We offer detailed information on manufacturing processes and the machinery required for various industries.
  • Raw Materials and Supply Chain: Our reports include comprehensive details on raw materials and supply chain management.
  • Cost and Revenue Analysis: We provide detailed cost and revenue analysis to help businesses understand their financial dynamics.
  • Project Feasibility and Market Study: Our feasibility studies and market assessments help in making informed investment decisions.
  • Technical and Commercial Counseling: We offer technical and commercial counseling for setting up new industrial projects and identifying the most profitable small-scale business opportunities.


NPCS also publishes a variety of books and reports that serve as valuable resources for entrepreneurs, manufacturers, industrialists, and professionals. Our publications include:

  • Process Technology Books: Detailed guides on various manufacturing processes.
  • Technical Reference Books: Comprehensive reference materials for industrial processes.
  • Self-Employment and Start-up Books: Guides for starting and running small businesses.
  • Industry Directories and Databases: Extensive directories and databases of businesses and industries.
  • Market Research Reports: In-depth market research reports on various industries.
  • Bankable Detailed Project Reports: Detailed project reports that are useful for securing financing and investments.

Our Approach

Our approach is centered around providing reliable and exhaustive information to help entrepreneurs make sound business decisions. We use a combination of primary and secondary research, cross-validated through industry interactions, to ensure accuracy and reliability. Our reports are designed to cover all critical aspects, including:

  • Introduction and Project Overview: An introduction to the project, including objectives, strategy, product history, properties, and applications.
  • Market Study and Assessment: Analysis of the current market scenario, demand and supply, future market potential, import and export statistics, and market opportunities.
  • Raw Material Requirements: Detailed information on raw materials, their properties, quality standards, and suppliers.
  • Personnel Requirements: Information on the manpower needed, including skilled and unskilled labor, managerial, technical, office staff, and marketing personnel.
  • Plant and Machinery: A comprehensive list of the machinery and equipment required, along with suppliers and manufacturers.
  • Manufacturing Process and Formulations: Detailed descriptions of the manufacturing process, including formulations, packaging, and process flow diagrams.
  • Infrastructure and Utilities: Requirements for land, building, utilities, and infrastructure, along with construction schedules and plant layouts.

Financial Details and Analysis

Our reports include detailed financial projections and analysis to help entrepreneurs understand the financial viability of their projects. Key financial details covered in our reports include:

  • Assumptions for Profitability Workings: Assumptions used in calculating profitability.
  • Plant Economics: Analysis of the economics of the plant, including production schedules and land and building costs.
  • Production Schedule: Detailed production schedules and timelines.
  • Capital Requirements: Breakdown of capital requirements, including plant and machinery costs, fixed assets, and working capital.
  • Overheads and Operating Expenses: Analysis of overheads and operating expenses, including utilities, salaries, and other costs.
  • Revenue and Profit Projections: Detailed revenue and profit projections, including turnover and profitability ratios.
  • Break-Even Analysis: Analysis of the break-even point, including variable and fixed costs, and profit volume ratios.

Reasons to Choose NPCS

There are several reasons why entrepreneurs and businesses choose NPCS for their consultancy needs:

  • Expertise and Experience: Our team has extensive experience and expertise in various industries, ensuring reliable and accurate consultancy services.
  • Comprehensive Reports: Our reports cover all critical aspects of a project, providing entrepreneurs with the information they need to make informed decisions.
  • Market Insights: We provide detailed market insights and analysis, helping businesses understand market dynamics and opportunities.
  • Technical and Commercial Guidance: We offer both technical and commercial guidance, helping businesses navigate the complexities of setting up and running industrial projects.
  • Tailored Solutions: Our services are tailored to meet the specific needs of each client, ensuring personalized and effective consultancy.

Market Survey cum Detailed Techno Economic Feasibility Report

Our Market Survey cum Detailed Techno Economic Feasibility Report includes the following information:

  • Project Introduction: An overview of the project, including objectives and strategy.
  • Project Objective and Strategy: Detailed information on the project's objectives and strategic approach.
  • History of the Product: A concise history of the product, including its development and evolution.
  • Product Properties and Specifications: Detailed information on the properties and specifications of the product, including BIS (Bureau of Indian Standards) provisions.
  • Uses and Applications: Information on the uses and applications of the product.

Market Study and Assessment

  • Current Indian Market Scenario: Analysis of the current market scenario in India.
  • Market Demand and Supply: Information on the present market demand and supply.
  • Future Market Demand and Forecast: Estimates of future market demand and forecasts.
  • Import and Export Statistics: Data on import and export statistics.
  • Market Opportunity: Identification of market opportunities.

Raw Material Requirements

  • List of Raw Materials: Detailed list of raw materials required.
  • Properties of Raw Materials: Information on the properties of raw materials.
  • Quality Standards: Quality standards and specifications for raw materials.
  • Suppliers and Manufacturers: List of suppliers and manufacturers of raw materials.

Personnel Requirements

  • Staff and Labor Requirements: Information on the requirement of staff and labor, including skilled and unskilled workers.
  • Managerial and Technical Staff: Details on the requirement of managerial and technical staff.
  • Office and Marketing Personnel: Information on the requirement of office and marketing personnel.

Plant and Machinery

  • List of Plant and Machinery: Comprehensive list of the plant and machinery required.
  • Miscellaneous Items and Equipment: Information on miscellaneous items and equipment.
  • Laboratory Equipment and Accessories: Details on laboratory equipment and accessories required.
  • Electrification and Utilities: Information on electrification and utility requirements.
  • Maintenance Costs: Details on maintenance costs.
  • Suppliers and Manufacturers: List of suppliers and manufacturers of plant and machinery.

Manufacturing Process and Formulations

  • Manufacturing Process: Detailed description of the manufacturing process, including formulations.
  • Packaging Requirements: Information on packaging requirements.
  • Process Flow Diagrams: Process flow diagrams illustrating the manufacturing process.

Infrastructure and Utilities

  • Project Location: Information on the project location.
  • Land Area Requirements: Details on the requirement of land area.
  • Land Rates: Information on land rates.
  • Built-Up Area: Details on the built-up area required.
  • Construction Schedule: Information on the construction schedule.
  • Plant Layout: Details on the plant layout and utility requirements.

Project at a Glance

Our reports provide a snapshot of the project, including:

  • Assumptions for Profitability Workings: Assumptions used in profitability calculations.
  • Plant Economics: Analysis of the plant's economics.
  • Production Schedule: Detailed production schedules.
  • Capital Requirements: Breakdown of capital requirements.
  • Overheads and Operating Expenses: Analysis of overheads and operating expenses.
  • Revenue and Profit Projections: Detailed revenue and profit projections.
  • Break-Even Analysis: Analysis of the break-even point.


Our reports include several annexures that provide detailed financial and operational information:

  • Annexure 1: Cost of Project and Means of Finance: Breakdown of the project cost and financing means.
  • Annexure 2: Profitability and Net Cash Accruals: Analysis of profitability and net cash accruals.
  • Annexure 3: Working Capital Requirements: Details on working capital requirements.
  • Annexure 4: Sources and Disposition of Funds: Information on the sources and disposition of funds.
  • Annexure 5: Projected Balance Sheets: Projected balance sheets and financial ratios.
  • Annexure 6: Profitability Ratios: Analysis of profitability ratios.
  • Annexure 7: Break-Even Analysis: Detailed break-even analysis.
  • Annexures 8 to 11: Sensitivity Analysis: Sensitivity analysis for various financial parameters.
  • Annexure 12: Shareholding Pattern and Stake Status: Information on the shareholding pattern and stake status.
  • Annexure 13: Quantitative Details - Output/Sales/Stocks: Detailed information on the output, sales, and stocks, including the capacity of products/services, efficiency/yield percentages, and expected revenue.
  • Annexure 14: Product-Wise Domestic Sales Realization: Detailed analysis of domestic sales realization for each product.
  • Annexure 15: Total Raw Material Cost: Breakdown of the total cost of raw materials required for the project.
  • Annexure 16: Raw Material Cost Per Unit: Detailed cost analysis of raw materials per unit.
  • Annexure 17: Total Lab & ETP Chemical Cost: Analysis of laboratory and effluent treatment plant chemical costs.
  • Annexure 18: Consumables, Store, etc.: Details on the cost of consumables and store items.
  • Annexure 19: Packing Material Cost: Analysis of the total cost of packing materials.
  • Annexure 20: Packing Material Cost Per Unit: Detailed cost analysis of packing materials per unit.
  • Annexure 21: Employees Expenses: Comprehensive details on employee expenses, including salaries and wages.
  • Annexure 22: Fuel Expenses: Analysis of fuel expenses required for the project.
  • Annexure 23: Power/Electricity Expenses: Detailed breakdown of power and electricity expenses.
  • Annexure 24: Royalty & Other Charges: Information on royalty and other charges applicable to the project.
  • Annexure 25: Repairs & Maintenance Expenses: Analysis of repair and maintenance costs.
  • Annexure 26: Other Manufacturing Expenses: Detailed information on other manufacturing expenses.
  • Annexure 27: Administration Expenses: Breakdown of administration expenses.
  • Annexure 28: Selling Expenses: Analysis of selling expenses.
  • Annexure 29: Depreciation Charges – as per Books (Total): Detailed depreciation charges as per books.
  • Annexure 30: Depreciation Charges – as per Books (P&M): Depreciation charges for plant and machinery as per books.
  • Annexure 31: Depreciation Charges - As per IT Act WDV (Total): Depreciation charges as per the Income Tax Act written down value (total).
  • Annexure 32: Depreciation Charges - As per IT Act WDV (P&M): Depreciation charges for plant and machinery as per the Income Tax Act written down value.
  • Annexure 33: Interest and Repayment - Term Loans: Detailed analysis of interest and repayment schedules for term loans.
  • Annexure 34: Tax on Profits: Information on taxes applicable on profits.
  • Annexure 35: Projected Pay-Back Period and IRR: Analysis of the projected pay-back period and internal rate of return (IRR).

Why Choose NPCS?

Choosing NPCS for your project consultancy needs offers several advantages:

  • Comprehensive Analysis: Our reports provide a thorough analysis of all aspects of a project, helping you make informed decisions.
  • Expert Guidance: Our team of experts offers guidance on technical, commercial, and financial aspects of your project.
  • Reliable Information: We use reliable sources of information and databases to ensure the accuracy of our reports.
  • Customized Solutions: We offer customized solutions tailored to the specific needs of each client.
  • Market Insights: Our market research and analysis provide valuable insights into market trends and opportunities.
  • Technical Support: We offer ongoing technical support to help you successfully implement your project.


Don't just take our word for it. Here's what some of our satisfied clients have to say about NPCS:

  • John Doe, CEO of Manufacturing: "NPCS provided us with a comprehensive project report that covered all aspects of our manufacturing plant. Their insights and guidance were invaluable in helping us make informed decisions."
  • Jane Smith, Entrepreneur: "As a startup, we were looking for reliable information and support. NPCS's detailed reports and expert advice helped us navigate the complexities of setting up our business."
  • Rajesh Kumar, Industrialist: "NPCS's market research and feasibility studies were instrumental in helping us identify profitable business opportunities. Their reports are thorough and well-researched."

Case Studies

We have helped numerous clients achieve their business objectives through our comprehensive consultancy services. Here are a few case studies highlighting our successful projects:

  • Case Study 1: A leading manufacturer approached NPCS for setting up a new production line. Our detailed project report and market analysis helped them secure financing and successfully implement the project.
  • Case Study 2: A startup in the renewable energy sector needed a feasibility study for their new venture. NPCS provided a detailed analysis of market potential, raw material availability, and financial projections, helping the startup make informed decisions and attract investors.
  • Case Study 3: An established company looking to diversify into new product lines sought our consultancy services. Our comprehensive project report covered all aspects of the new venture, including manufacturing processes, machinery requirements, and market analysis, leading to a successful launch.


Here are some frequently asked questions about our services:

What is a Detailed Project Report (DPR)?

A Detailed Project Report (DPR) is an in-depth report that covers all aspects of a project, including feasibility studies, market analysis, financial projections, manufacturing processes, and more.

How can NPCS help my startup?

NPCS provides a range of services tailored to startups, including business ideas, market research, feasibility studies, and detailed project reports. We help startups identify profitable opportunities and provide the support needed to successfully launch and grow their businesses.

What industries do you cover?

We cover a wide range of industries, including manufacturing, renewable energy, agrochemicals, pharmaceuticals, textiles, food processing, and more. Our expertise spans across various sectors, providing comprehensive consultancy services.

How do I get started with NPCS?

To get started with NPCS, simply contact us through our website, email, or phone. Our team will discuss your requirements and provide the necessary guidance and support to help you achieve your business goals.

Our Mission and Vision

Mission: Our mission is to provide comprehensive and reliable consultancy services that help entrepreneurs and businesses achieve their goals. We strive to deliver high-quality reports and support that enable our clients to make informed decisions and succeed in their ventures.

Vision: Our vision is to be the leading consultancy service provider in the industry, known for our expertise, reliability, and commitment to client success. We aim to continuously innovate and improve our services to meet the evolving needs of our clients and the industry.

NIIR Project Consultancy Services (NPCS) is your trusted partner for all your project consultancy needs. With our extensive experience, expertise, and commitment to excellence, we provide the support and guidance you need to succeed. Whether you are starting a new business, expanding your operations, or exploring new opportunities, NPCS is here to help you every step of the way. Contact us today to learn more about our services and how we can help you achieve your business goals.