Giridih has substantial mica deposits with traditional mining communities. A small specialist mica-grading and value-add unit captures the underserved electronics-grade segment.
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Giridih district has substantial mica deposits — historically India's primary mica-mining region. Most output exits as raw mica to processors in mainland and abroad. A small unit running mica grading, splitting, and basic refinement for the electronics-grade segment (used in capacitors, insulation) captures value-add. Premium electronics-grade mica retails at 5-10× raw mica prices.
Capex of 12-25 lakh covers grading equipment, splitting machines, basic packaging, and certifications. MSME-Cluster Development scheme + CGTMSE for collateral-free MSME loans cover the build. Hard parts: child-labour due-diligence (Giridih has historical issues; international buyers demand certifications), grading skill, and building B2B export buyer relationships. Realistic: 3 years to break-even with proper supplier diligence and certifications.
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