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Best Business Opportunities in Meghalaya- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Meghalaya is a state in north-east India. The name means "the abode of clouds" in Sanskrit. As of 2011, the state has a population of 2,964,007 and is the 23rd most populous in the country. The population of Meghalaya as of 2014 is estimated to be 3,211,474. Meghalaya covers an area of approximately 22,430 square kilometers, with a length to breadth ratio of about 3:1

Meghalaya is predominantly an agrarian economy. Agriculture and allied activities engage nearly two-thirds of the total work force in Meghalaya. However, the contribution of this sector to the State's NSDP is only about one-third. Agriculture in the state is characterized by low productivity and unsustainable farm practices. Despite the large percentage of population engaged in agriculture, the state imports food from other Indian states.


TOURISM

 Meghalaya has some of the thickest surviving forests in the country and therefore constitutes one of the most important ecotourism circuit’s in India. The Meghalaya subtropical forests support a vast variety of flora and fauna. Meghalaya has 2 National Parks and 3 Wildlife Sanctuaries.   Meghalaya also offers many adventure tourism opportunities in the form of mountaineering, rock climbing, and trekking and hiking, water sports etc. The state offers several trekking routes, some of which also afford an opportunity to encounter rare animals such as slow loris, assorted deer and bear. The Umiam Lake has a water sports complex with facilities such as rowboats, paddleboats, sailing boats, cruise-boats, water-scooters and speedboats. Tourism in India is a growing industry, and as per World Tourism Organization predictions, India will be a leader in using tourism as an employment generator. The State of Meghalaya must be placed in a strategic position to take advantage of this growth.

“MEGHALAYA TOURISM DEVELOPMENT CORPORATION” has been set up for developing and promotion of Tourism in Meghalaya. The Corporation shall make efforts to increase its revenue to enable to carry out promotional activities. MTDC will organize package tours not only to Cherrapunjee but to other tourist destinations; organize training for guides, etc.

INDUSTRIAL SECTOR

The New Industrial & Investment Promotion Policy is designed to facilitate investments in new sectors across the State and thus ensure accelerated and sustained growth. The Policy focuses to attract, facilitate and promote wider expectations and high end investment.

There is an urgent need to promote investment in backward and difficult but resource rich areas. Therefore the policy provides additional incentives and support for such investments.


OBJECTIVE OF THE POLICY

•        To promote investment in all sectors

•        Generate employment opportunities for the local people in the industries and allied sectors.

•        To provide special incentives for promoting local Entrepreneurs in setting up of micro, small & medium manufacturing and service enterprises.

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage.

•        Achieve a balanced and growth oriented development covering the entire state through promotion of village and small scale industries.

•        Encourage need based development of local entrepreneurial skills through intensive motivation and training programmes at District, Sub-division and Block levels.

•        Provide guidance to prospective entrepreneurs by building up a data bank of project-profiles and other connected information. Special support to local entrepreneurs will be provided, and monitoring will be done to enable them to be successful.

•        Simplify rules and procedures by providing a single-window clearance facility for all investment proposals as applicable.

•        Promote Tourism, and make Meghalaya a tourist destination.

•        Promote IT as industries.

•        Promote first generation entrepreneurs. Government will encourage setting up of Entrepreneurship Development Institute by private or in PPP mode.

SALIENT FEATURES OF THE INDUSTRIAL POLICY

•        State Government believes in promoting private enterprises for speedy economic development of the State. The Government also stands committed to ensuring the healthy growth of existing industries. For this purpose, Government will ensure optimum number of industries by not permitting excess in any specific sector, thereby ensuring sustainability of existing business.

•        Enterprises promoted and managed by “Woman Entrepreneur”/physically challenged will get additional 10 % (ten percent) incentives on the State Capital Investment Subsidy.

•        Meghalaya has a long international border which needs immediate attention for development. To address this issue, 10 Kms towards the State from the International border is declared as “PRIORITY AREA” and enterprises set up within the 10 Kms area will be given special incentives to be known as “Border Area Subsidy”.

•        Government of Meghalaya recognizes:

1.       Hotels (not below two star category) and Amusement Parks.

2.       Medical and health services in the nature of nursing homes with a minimum capacity of 25 beds and Super – Specialty Health Care.

3.       Vocational training Institutes.


INDUSTRIES IDENTIFIED AS THRUST AREAS

                    Agro Based Industries :

   Horticulture – Based Units

   Biotechnology Based Units

   Medicinal Plants, Tea and Rubber

                       Animal Husbandry and Meat Processing Industries

         Development of Mineral based Industries:

      Coal-Based Industries

     Limestone Based Industries- Cement Plants, Lime Plants,

                      Calcium Carbide   Plants.

                       Electronics & Information Technology

INCENTIVES FOR LARGE AND MEDIUM SCALE INDUSTRIES

•        For large and medium scale industries, there are subsidies like capital investment subsidy, interest subsidy, power subsidy, subsidy on cost of pollution/quality-control measures, special subsidy for pioneer units in backward areas etc.

•        Exemption from the payment of applicable service tax for seven years to a "Tourism Unit"

•        Sales Tax exemption on sale of finished products for a period of seven years from the date of commercial production.

•        Reimbursement of Central Sales Tax (CST) paid on purchase of Capital Equipment installed till the date of project commissioning.

•        Partial exemption for applicable stamp duty.

 

INVESTMENT POLICIES

Meghalaya Government has always endeavored to set up the right kind of business climate to motivate investments in the State. In order to attract investment to the various sectors and thus contribute to the development of the economy as a whole.

The major being the industrial policy, which had been announced with a view to take advantage of the liberalized economic scenario in the country and also to keep pace with development in the national industrial sector are-

•        Generate employment opportunities for the local people in the industries and allied sectors

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage. Create a conducive environment for industrial development by creation of the basic Infrastructural facilities and by setting up of industrial areas, growth centre and export promotion industrial park.

•        Provide preference to local Entrepreneurship in setting up of large, medium and small-scale units.

•        Promote local interests through joint ventures with external investors so as to facilitate technology transfer and capital flow by a package of suitable incentives.

•        Encourage setting up of export-oriented, Agro based, Mineral-based, Horticultural based and Electronic units as thrust area.

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing 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 etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

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.

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Mustard Oil

Mustard/Rapeseed oil is the third largest edible oil produced in the world after Soy oil and Palm oil. At a production level of 13-14 million tons, it accounts for about 12% of the total World's edible oil production. India is estimated to have a total mustard seed output of 5 million ton while oil is around 1.3 million tons. The country also generates 2.4 million tons of oil cake. India is self-sufficient in mustard seed and oil as import and export of the commodity is almost non-existent. Mustard oil is consumed wholly in the domestic market. The demand for the consumption of mustard/rape seed comes mainly from eastern and northern areas of the country. The arrival of this crop in the markets is in its peak period during March to May. The major centers of consumption of its oil are Kolkata, Bihar, Jharkhand and the northeastern areas like Assam, Tripura, Sikkim etc. Two forms of mustard oil are traded in the Indian market namely KacchiGhani and PakkiGhani (expeller oil). The world production of rapeseed-mustard has been increasing at rapid rate in several countries largely in response to the continuing increase in demand for edible oils and its products. With global production touching 14-15 million tonne, it accounts for about 15 per cent of the world's total edible oil production and 30-35 per cent of India’s total edible oil production. As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under: • Aditi Health Oils Pvt. Ltd. • Ambuja Agro Inds. Ltd. • Asha Agro Inds. Ltd. • B L Agro Oils Ltd. • B P Oil Mills Ltd. • Bansal Oil Mill Ltd. • Bhakra Industries Ltd. • Budge Budge Refineries Ltd.
Plant capacity: Mustard Oil:3000 MT/annum Deoiled cake:5,700 MT/annumPlant & machinery: Rs 83 lakhs
Working capital: -T.C.I: Cost of Project: Rs 373 lakhs
Return: 27.00%Break even: 60.00%
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Surgical Cotton

Surgical cotton is also known as absorbent cotton” or “cotton wool”. Surgical/Absorbent cotton is cleared de-oiled and bleached cotton packed in different sizes. Since Surgical/Absorbent cotton is a material which comes in direct contact with the human body, its quality is very important and should satisfy the required pharmaceutical parameters. The fiber of Surgical/Absorbent cotton is very elastic. It consists of 98%-99.5% of cellulose which has a diameter of 16.30 and a length of 12-40 mm. Today, India produces the widest range of cotton; perhaps no other cotton producing country in the world has this distinction.Progressive increase in health amenities offered by Government and coming up of new hospitals and health care centres in private sector even at small towns are contributing to the growth of absorbent cotton industry. The demand for absorbent cotton is directly related with the development and expansion of health facilities in the country. The Federal and Regional Governments have given high attention for expansion of health facilities to increase the coverage. Hence, considering the population growth and the high attention given by the Federal and Regional Governments, the demand for absorbent cotton is assumed to grow by 10%, annually.As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian Major Players are as under: • JajooSurgicals Pvt. Ltd. • Mohini Fibers Limited • Pradeep Surgical Dressings Pvt. Ltd. • Medicare Healthcare Product • Bafna Healthcare Pvt. Ltd. • BVM Meditech Private Limited • Patco Exports Pvt. Ltd. • Spartan Surgicals Pvt. Ltd. • Sri Sambasiva Cotton Private Limited • Saket Cottons Private Limited
Plant capacity: Surgical Cotton :300,000kgs/annumPlant & machinery: Rs 69 lakhs
Working capital: -T.C.I: Cost of Project: Rs 238 lakhs
Return: 26.00%Break even: 57.00%
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Multiblade Safety Razor

A safety razor is a shaving implement with a protective device positioned between the edge of the blade and the skin. The initial purpose of these protective devices was to reduce the level of skill needed for injury-free shaving, thereby reducing the reliance on professional barbers.Plastic disposable razors and razors with replaceable blade attachments are in common use today. Razors commonly include one to five cutting edges, but sometimes up to seven edges. The differences between this razor and the others are basically comfort, steadiness and feel.Safety razor blades currently are produced in large scale sector only. There are many types of blades in the market, for e.g. Single double edge, sandwiched and daily consumption, the industry provides good scope for investment. The razor blades are mostly being manufactured by the foreign firms in India, although Indian firms are also in the field but their product is not up to the mark. Therefore, high quality razor blades have ample scope in Indian market.Thus due to demand it is a good opportunity for entrepreneurs to invest. Few Indian Major Players are as under: • Everkeen Blade Co. Ltd • Gillette India Ltd. • HarbansLal Malhotra & Sons Pvt. Ltd. • Laser Shaving Products Pvt. Ltd. • R C C (Sales) Pvt. Ltd. • Radiohms Agencies Ltd. • Sharpedge Ltd. • Supermax Personal Care Pvt. Ltd.
Plant capacity: Multiblade Safety Razor (2 Blade): 86,400,000 Nos/annumPlant & machinery: Rs 313 lakhs
Working capital: -T.C.I: Cost of Project : Rs 826 lakhs
Return: 30.00%Break even: 60.00%
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Activated Carbon from Coconut Shell

Activated carbon in any form of carbon shows high absorptivity for gases, vapours and colloidal solids in either the gas ion or liquid phase. It is available in many forms such as pellets, granules and in powder form. Activated carbon is very important chemical has wide application and employed by numerous industries which require absorption of certain gases and vapours in purification, in catalytic chemical reactions, decolorisation of vegetable oil and sugar solutions. Activated carbons have a large surface area, liquid phase or decolorising carbons are generally light, fluffy powder that exhibits surface areas of about 300 m2/g. while gas or vapour phase carbons are hard granules or formed pellets that exhibit surface areas from 800 m2 /g to 1200 m2/g. Activated Carbon Market is expected to garner 2,776 kilo tons and $5,129 million in coming years. Activated carbon is processed carbon with small, low-volume pores to increase surface area for chemical reactions and adsorption. Organic material with high carbon content is processed to manufacture activated carbon. Rising awareness and government support in the recycling of waste water are expected to benefit the growth of this segment over the next eight years. This activated carbon gives the result in lesser cost and hence is preferred over other forms of the product. Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Active Char Products Pvt. Ltd. • Adsorbent Carbons Ltd. • Aquanomics Systems Ltd. • Core Carbons Pvt. Ltd. • Genuine Shell Carb Pvt. Ltd. • Indo German Carbons Ltd. • Kalpaka Chemicals Pvt. Ltd. • Kan Carbon Pvt. Ltd. • Triton Laboratories Ltd.
Plant capacity: Activated Carbon :900 MT/annum Bio-Oil by Product:1,140 MT/annumPlant & machinery: Rs 129 lakhs
Working capital: -T.C.I: Cost of Project: Rs 283 lakhs
Return: 25.00%Break even: 59.00%
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Disposable Products (Thermocol Plate, Dona, Thali and Glass, Paper Coffee and Pepsi Glass, Silver Coated Dona, Plates and Spoons, Plastic Glass and Spoon, Tissue Paper)

Disposable cups, glasses, plates and spoons are used in daily life nowadays. In addition to be used at home these are largely used during at parties and other functions.The use of disposable items is increasing day by day because of better hygienic conditions, low cost, easy usability and impressive appearance. Plastic cups are largely used for tea, juices, coffee and other purposes.The tissues paper sector has boomed over the last few years. With a move to more luxurious tissue paper and ultra-absorbent paper towels the industry has been able to increase the tissue prices and create new brands to retain consumers. Pointing on disposable items is also quite easy and cheaper. The technology and machines are available in India and the cost is also less. This makes the disposable items more competitive and helps in increasing its market. The global foodservice disposables market is experiencing rapid growth, linked to growing online food ordering and home delivery services. Increasing consumer concern regarding hygiene is the most important factor driving the growth of the disposable food containers industry. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • Shree Balaji Enterprises • Halai G S Plastic • Prakrithi Exports • Corp Scan Business Consultants • Shank Trading Corporation • Goldcoin Foam Private Ltd
Plant capacity: Thermocol Plates: 15,000 Th. Nos/annum Thermocol Dona: 15,000 Th. Nos/annum ThermocolThali:15,000 Th. Nos/annum Thermocol Glass:15,000 Th. Nos/annum Paper Plant & machinery: Rs 105 lakhs
Working capital: -T.C.I: Cost of Project: Rs 405 lakhs
Return: 28.00%Break even: 57.00%
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Spices in Pouch Packing

Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine. A closely related term, ‘herb’, is used to distinguish plant parts finding the same uses but derived from leafy or soft flowering parts. The two terms may be used for the same plants in which the fresh leaves are used as herbs, while other dried parts are used as spices, e.g. coriander, dill. Spices impart aroma, color and taste to food preparations. The volatile oils from spices give the aroma and the oleoresins impart the taste. There is a growing interest in the theoretical and practical aspects of the inner biosynthetic mechanisms of the active principles in spices, as well as in the relationship between the biological activity and the chemical structure of these secondary metabolites. Secondary metabolites in spices have been a fertile area for chemical investigation for many years, driving the development of both analytical chemistry and of new synthetic reactions and methodologies. In recent years, there has been an emphasis on secondary metabolites in relation to dietary components, which may have a considerable impact on human health. India is the largest producer, consumer and exporter of spices and spice products in the world and produces more than 50 spices. India is also a big exporter of Chili, turmeric, cumin, pepper and many other spices. Total spices export from India stood at 226,225 tons valued at US$ 621.78 in April-June 2016, registering a year-on-year growth of 3 per cent. Major importers of Indian spices in FY 2015-16 were US, China, Vietnam, UAE, Indonesia, Malaysia, UK, Sri Lanka, Saudi Arabia, and Germany. Export of organic spices from India has started in right earnest. The country at present exports around 50 tons of different varieties of organic spices. Exports will get a significant boost in the coming years as more farmers switch to organic methods. Spices Board India has prepared a document on production of organic spices. Spices in India have been grown in small land holdings, with organic farming gaining prominence in recent times. India is the world's largest producer, consumer and exporter of spices; the country produces about 75 of the 109 varieties listed by the International Organization for Standardization (ISO) and accounts for half of the global trading in spices. The revenues from India market are expected to expand to around USD 18 billion in FY’2020, growing with a CAGR of % from FY’2016 to FY’2020.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian major players are as under • Kitchen Xpress Overseas Ltd. • Kohinoor Foods Ltd. • M T R Foods Pvt. Ltd. • M V J Spices (India) Pvt. Ltd. • Paras Spices Pvt. Ltd. • Spicer India Pvt. Ltd.
Plant capacity: 360,000 kgs./annumPlant & machinery: 26 lakhs
Working capital: -T.C.I: Cost of Project: 181 lakhs
Return: 29.00%Break even: 44.00%
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Electronic Toys

Today’s electronics have far more to offer. Many of the computer games currently online are frankly quite challenging, not to mention creative and thought-provoking, and the offerings for all ages down to wee little tots are immense.Smart toys are called as such because they help kids grow up to be, well, smart. The term “smart toys” is often used to mean two things: first, it refers to computerized toys that are designed and programmed to respond to a kid’s actions, which makes these toys “smart;” second, the term may also refer to the educational activities of the toys themselves, which help kids become “smart.” An electronic car that races back and forth while being watched by the child is not a smart tothe best toys are those that actively engage a child’s entire being – mentally, physically, emotionally, and socially. Electronics are by nature pre-programmed and simply cannot provide the same open-ended play opportunities as traditional toys. The Indian toy industry is estimated at about 400 million US dollars and until now has generated only 0.5 percent of the global market.Among the local manufacturers in India about 59 % are still focusing on the production of cheap and unbranded toys which appeals to the price-sensitive Indian consumers. In the future it is expected that these companies will shift towards branded toys as well to stay competitive with international companies, new launches and the offer of branded toys. The share of internet retailing in sales grew from 1 % in 2007 up to 18 % in 2012.Due to heavy demand it is a good project for entrepreneurs to invest. Few Indian major players are as under • Ajanta Pvt. Ltd. • Apple Allied Inds. Ltd. • Funskool (India) Ltd. • Hanung Toys & Textiles Ltd. • Mattel Toys (India) Pvt. Ltd. • Walt Disney Co. (India) Pvt. Ltd.
Plant capacity: 1,500,000 PCS/annumPlant & machinery: 75 lakhs
Working capital: -T.C.I: Cost of Project: 234 lakhs
Return: 28.00%Break even: 74.00%
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Wood Plastic Composite (WPC)

Wood-plastic composites (WPCs) are a product class that has been developing over the last 40 years resulting in increased applications and expanded market share. More specifically, WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. WPC or wood-plastic composite is a material made of wood powder or cellulose products such as cellulose fibers, lignin, and etc.; and also polyolefin, especially polypropylene which for different usage they have found different application. Wood is often used in plastics as a means to reduce price compared to a solid plastic product. Wood is often used in plastics as a means to reduce price compared to a solid plastic product. Wood plastic composite is good to solve the problem arises in the environment. There is scope of use agricultural waste product. In this case we will use waste polypropylene or polyethylene, or it may be used virgin polypropylene or polyethylene, waste wood flour. Rice husk, plastic additives like (DOP, DBP etc).The majority of WPCs are manufactured by profile extrusion, in which molten composite material is forced through a die to make a continuous profile of the desired shape. Wood plastic composites are an important and growing segment of the forest products industry. This industry segment has grown in double digit percentages annually for the past decade. In North America, the WPC market has been dominated by rail and decking products while in Europe more emphasis has been placed on automotive applications.The wood plastic composite market is projected to grow from $ 2579.90 million in last year to $4,601.7 million by 2019, with a CAGR of 12.2%. Polyethylene is the single-largest segment, holding 56.6% share of the global wood plastic composite market in last year and is projected to grow with a CAGR of 12.0% in 2019. North America is the largest market of polyethylene and Asia stood second in 2014.The demand for building and construction segment accounted for the largest share in 2014, at $2,579.9 million, and it is projected to reach $4,601.7 million by 2019. Entrepreneurs who invest in this project will be successful. Few major players are as under • Advanced Environmental Recycling Technologies • Beologic • Polymera Inc. • Fineko • Guangzhou Kindwood Co. Ltd • JELU-WERK J. Ehrler GmbH & Co. KG • Perth Wood Plastic Composite Company Ltd
Plant capacity: 1,440,000 KGS/annumPlant & machinery: 146 lakhs
Working capital: -T.C.I: Cost of Project: 391 lakhs
Return: 26.00%Break even: 56.00%
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IV Fluids

Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids must be sterile to protect patients from injury, and there are a number of different types available for use.Fluids are given when someone's body fluid volume falls. There are a number of things which can cause a drop in fluid volume. Vomiting and diarrhea are a classic example, which is why people are encouraged to drink fluids when they are sick, to keep their fluid volume stable.. When crystalloids are administered, they tend to create low osmotic pressure, allowing fluid to move across the blood vessels, and this can be linked with edema.Intravenous fluids can be broken into two broad groups. Crystalloids such as saline solutions contain a solution of molecules which can dissolve in water.The specific one used depends on the situation. Many other compounds can be added to the IV solution as a simple means of administration. For example, antibiotics, pain killers and so on can be added to the IV so the patient receives the drug at a constant rate over a long period of time. The Indian pharmaceutical industry is the fourth largest in the world in terms of volume of output and thirteenth in domestic demand. However, the Indian industry, valued at USD 17 bn in represented just over 1% of the global pharmaceutical industry (USD 1700 bn) in value terms. The domestic market is estimated at Rs 680 bn. The Indian manufacturing sector with an average annual growth rate of about 14% during the quinquennium 2002-2007. It is projected to grow at an average annual rate exceeding 15% during 2007-2010 and is likely to reach the level of about USD 23 to 28 bn in 2010. Parenteral Drugs India Ltd (PDIL) is the leading IV fluid producer in India with a capacity of 33 crore bottles a year and a market share of over 25 per cent. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Abaris Healthcare Pvt. Ltd. • AhlconParenterals (India) Ltd. • AxaParenterals Ltd. • Infutec Healthcare Ltd. • Kokad Pharmaceutical Laboratories Ltd. • Parenteral Surgicals Ltd.
Plant capacity: 27,000,000 Bottles/annumPlant & machinery: 476 lakhs
Working capital: -T.C.I: Cost of Project: Rs1060 lakhs
Return: 26.00%Break even: 53.00%
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Plastic Seals for Electricity Meters

Security seals are mechanisms used to seal meters in a way that provides tamper evidence and some level of security. Such seals can help to detect theft or contamination, either accidental or deliberate. Security seals are commonly used to secure truck trailers, vessel containers, chemical drums, airline duty-free trolleys and utility meters. Plastic security seals are manufactured normally in two styles; adjustable or fixed length. Adjustable length seals can fit many applications from securing the neck of a bag or mail sack to sealing chemical drums, first aid kits and fire extinguishers. Meter seals are used with electric or gas or water meters and usually molded in polycarbonate. The transparent body of the seal means that the locking mechanism is visible, and can provide clear indication of tampering. Meter seals can withstand exposure to sunlight and extreme weather, and a wide range of temperatures. The seals can be individualized to fit the needs of the user. Typical marking includes logos, special texts, and white pads for writing by hand, consecutive numbering and 1D and 2D bar codes. There are several technologies in use, including hot stamping, ink jet printing etc. India is currently witnessing a revolution in the field of energy metering, where advanced products are fast replacing the conventional ones. The current size of the dynamic energy meter market, estimated to be approximately Rs 2,200 crore, is trying to keep pace with the rapidly evolving requirements of end users in India and technological advancements abroad. ¨The current size of the energy metering market is approximately Rs 2,200 crore and it is expected to grow at a CAGR of 8-10 per cent over the next 4-5 years,¨ says SC Bhargava, Senior Vice President, L&T Electrical & Automation, which enjoys a market share of around 21 per cent of the Indian energy meter market. According to recent industry reports, distribution utilities globally are expected to spend $378 billion in smart grid technologies by 2030, where India is estimated to install 130 million smart meters by 2021. As per Frost & Sullivan’s analysis, in financial year (FY) 2010-11 (April 2010-March 2011) the overall electricity meters market was estimated at $460 million. As a whole you can invest in this project without risk and earn profit.
Plant capacity: 20,000 Th. Nos. /annumPlant & machinery: 84 lakhs
Working capital: -T.C.I: Cost of Project: Rs 158 lakhs
Return: 28.00%Break even: 77.00%
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Information
  • 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.

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