Project report for Iodised salt

In India, Manufactures produces about 62 lakh tones of Iodised salt and about 59.7akh tones of iodised salt is supplied for human consumption against the requirement of about 60.5 lakh tones for entire population. 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. 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. Iodine is a micronutrient and dietary mineral that is naturally present in the food supply in some regions, especially near sea coasts but is generally quite rare in the Earth's crust since iodine is a so-called heavy element, and abundance of chemical elements generally declines with greater atomic mass. Where natural levels of iodine in the soil are low and the iodine is not taken up by vegetables, iodine added to salt provides the small but essential amount of iodine needed by humans. An opened package of table salt with iodide may rapidly lose its iodine content in high temperature and high relative humidity conditions through the process of oxidation and iodine sublimation. In many countries including India, iodine deficiency is a major public health problem. And we can easily address it with the regular consumption of iodine salt in a small quantity. The iodine is a micronutrient and dietary mineral. Also, it is an essential trace mineral essential for human development and growth. And salt is an effective medium for distributing iodine. Iodized salt production is possible by spraying it with a potassium iodate or potassium iodide solution. The production process is simple. Also, anyone can initiate the business on a small-scale basis.

The market for packaged iodized salt in India is estimated to be worth Rs. 2100.7 Crores. The demand for salt will rise 2.9% annually through 2019 to the size of 350 million metric tons. Growth in chemical production, will fuel most new demand. Solar evaporation is the most popular method of producing salt. Salt production is forecast to grow fastest in India, and as a result solar evaporation will account for an increasing share of global salt output through 2019. Rock salt and brine production will also post moderate increases. The table salt production industry is expected to remain largely unchanged over the next five years. Most salt producers have been in the game for decades and have long-term supply contracts in place that earn them healthy, predictable profit margins, and the merger and acquisition activity that characterized the industry in the 1990s has left the industry highly concentrated, making it difficult for new entrants to break in. The table salt production industry operates with a high level of market share concentration. Due to the staple-nature of table salt, the industry was one of the few to escape the recession unharmed as the consumers maintained demand for salt.