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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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Information Technology (IT) Park - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

IT park is basically construction unit which will be used by MNCs technical men or business men for the development of technology based on computer related products, telecommunication products, robotic products etc. This park fundamentally divided in four parts basic, IT industries and IT enabled services, commercial complexes, residential complexes, facilities area. At a time when the construction business in India is making rapid stride on an every day basis, it is only natural that the associated industries are coming up with innovative and technologically advanced products and services.Area 15 Acres of Land
Plant capacity: Area 15 Acres of LandPlant & machinery: 27000 Lacs
Working capital: 36 LacsT.C.I: 39369 Lacs
Return: 1.00%Break even: N/A
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Vinegar - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Vinegar is well known since long back through out the world. It is used daily in every house. Vinegar is known in Hindi and Punjabi as sirka. Vinegar in addition to use on the table has one of the principal commercial uses in the manufacture of pickles. Large quantities are also used in the manufacture of tomato ketchup chilli sauce and sauces used in the canning of fish. It is also used in the manufacture of acetic acid and for the production of acetone, a solvent imparts a good fruity flavour as such it is used in almost all homes for improving taste and flavour of food products. Vinegar contains about 5% acetic acids, colouring matter, salts and quite a few other fermentation products which impart a characteristic flavour and aroma to it. There is a bright scope. Any entrepreneur can come in this project.
Plant capacity: 5000 Bottles Per DayPlant & machinery: 27 Lacs
Working capital: 31 LacsT.C.I: 77 Lacs
Return: 53.00%Break even: 37.00%
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Jatropha Plantation and Oil Extraction (Used As Bio Fuel) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Plant Layout

Jatropha curcus is a drought-resistant perennial, growing well in marginal/poor soil. It is easy to establish, grows relatively quickly and lives, producing seeds for 50 years. Jatropha the wonder plant produces seeds with an oil content of 37%. The oil can be combusted as fuel without being refined. It burns with clear smoke-free flame, tested successfully as fuel for simple diesel engine. The by-products are press cake a good organic fertilizer, oil contains also insecticide. It is found to be growing in many parts of the country, rugged in nature and can survive with minimum inputs and easy to propagate. Medically it is used for diseases like cancer, piles, snakebite, paralysis, dropsy etc. Jatropha grows wild in many areas of India and even thrives on infertile soil. A good crop can be obtained with little effort. Depending on soil quality and rainfall, oil can be extracted from the jatropha nuts after two to five years. The annual nut yield ranges from 0.5 to 12 tons. The kernels consist of oil to about 60 percent; this can be transformed into biodiesel fuel through esterification. Family: Euphorbiaceae Synonyms: Curcas purgans Medic. Vernacular/common names: English- physic nut, purging nut; Hindi - Ratanjyot Jangli erandi; Malayalam ? Katamanak; Tamil ? Kattamanakku; Telugu ? Pepalam; Kannada ? Kadaharalu; Gujarathi ? Jepal; Sanskrit ? Kanana randa. Distribution and habitat It is still uncertain where the centre of origin is, but it is believed to be Mexico and Central America. It has been introduced to Africa and Asia and is now cultivated world-wide. This highly drought-resistant species is adapted to arid and semi-arid conditions. The current distribution shows that introduction has been most successful in the drier regions of the tropics with annual rainfall of 300-1000 mm. It occurs mainly at lower altitudes (0-500 m) in areas with average annual temperatures well above 20�C but can grow at higher altitudes and tolerates slight frost. It grows on well-drained soils with good aeration and is well adapted to marginal soils with low nutrient content. Botanical Features It is a small tree or shrub with smooth gray bark, which exudes a whitish colored, watery, latex when cut. Normally, it grows between three and five meters in height, but can attain a height of up to eight or ten meters under favourable conditions. Leaves It has large green to pale-green leaves, alternate to sub-opposite, three-to five-lobed with a spiral phyllotaxis. Flowers The petiole length ranges between 6-23 mm. The inflorescence is formed in the leaf axil. Flowers are formed terminally, individually, with female flowers usually slightly larger and occurs in the hot seasons. In conditions where continuous growth occurs, an unbalance of pistillate or staminate flower production results in a higher number of female flowers. Fruits Fruits are produced in winter when the shrub is leafless, or it may produce several crops during the year if soil moisture is good and temperatures are sufficiently high. Each inflorescence yields a bunch of approximately 10 or more ovoid fruits. A three, bi-valved cocci is formed after the seeds mature and the fleshy exocarp dries. Seeds The seeds become mature when the capsule changes from green to yellow, after two to four months Flowering and fruiting habit The trees are deciduous, shedding the leaves in the dry season. Flowering occurs during the wet season and two flowering peaks are often seen. In permanently hu-mid regions, flowering occurs throughout the year. The seeds mature about three months after flowering. Early growth is fast and with good rainfall conditions nursery plants may bear fruits after the first rainy season, direct sown plants after the second rainy season. The flowers are pollinated by insects especially honey bees. Ecological Requirements Jatropha curcas grows almost anywhere , even on gravelly, sandy and saline soils. It can thrive on the poorest stony soil. It can grow even in the crevices of rocks. The leaves shed during the winter months form mulch around the base of the plant. The organic matter from shed leaves enhance earth-worm activity in the soil around the root-zone of the plants, which improves the fertility of the soil. Regarding climate, Jatropha curcas is found in the tropics and subtropics and likes heat, although it does well even in lower temperatures and can withstand a light frost. Its water requirement is extremely low and it can stand long periods of drought by shedding most of its leaves to reduce transpiration loss. Jatropha is also suitable for preventing soil erosion and shifting of sand dunes. Biophysical limits Altitude: 0-500 m, Mean annual temperature: 20-28 deg. C, Mean annual rainfall: 300-1000 mm or more. Soil type: Grows on well-drained soils with good aeration and is well adapted to marginal soils with low nutrient content. On heavy soils, root formation is reduced. Jatropha is a highly adaptable species, but its strength as a crop comes from its ability to grow on very poor and dry sites. A large genus of herbs, shrubs and trees distributed in the tropical and sub-tropical parts of the world, chiefly in Africa and America. About 9 species have been recorded in India; some of them are grown in gardens for their ornamental foliage and flowers. These plants has various uses, one use is as medicinal plant and another use is for extraction of different alkaloids. There is another most important part of the plants i.e. seeds oil. The seed oil can be used as biofuel. The plants are cultivated largely in the South America, France, and Africa. It is cultivated in the rainy season and fruits or seed yielded in the winter season. Leaves and plants are used for the extraction of different alkoloids, which is largely used for the preparation of different medicinal value products. The Jatropha seed available has 94% oil content. Jatropha oil has different use of which it can be used as biofuel. After extraction of oil seed waste can be used for making organic waste. In India it can be largely produced in the Assam, Orissa and Goa hills. As a whole Jatropha cultivation in India may open the new way of medicinal plant cultivation and the new way of starting the sources of bio fuel. Anybody may enter into this field will be successful.
Plant capacity: 24000.00 Kgs/AnnumPlant & machinery: Rs 30 Lakhs
Working capital: Rs 8 LakhsT.C.I: Rs 92 Lakhs
Return: 16.00%Break even: 66.00%
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Latex Rubber Threads - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

The Rubber industry in the country is in the doldrums as it is unprepared to live and thrive under the present trade conditions. Rubber threads are generally made by extrusion of compounded NR latex is one of the important and widely consumed latex products. The main consumption of rubber threads is in textile industry for making knitted and woven fabrics. This product is now marketed in two different forms, Viz. non-heat resistant; generally called as “Ordinary Grade Thread” and “Heat Resistant Rubber Thread (HRRT).” There is fairly, good scope for new entrepreneurs in this field.
Plant capacity: 1,50,000 Kg of LTR/AnnumPlant & machinery: Rs. 12 Lakhs
Working capital: Rs 22 LakhsT.C.I: Rs 57 Lakhs
Return: 37.00%Break even: 56.00%
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Liquid Organic Fertiliser (Biofertiliser) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Liquid organic fertiliser or Bio fertiliser new days has increased market. There is new decease in the inorganic fertiliser market. Liquid organic fertiliser made by the use of extracted organic materials and other natural products mainly. There is virtually market demand increase day by day due to increase demand of organic foods. New in India this liquid base organic fertilizer or bio fertilizer new imported from European countries. Demand of import is gradually increases, it can be stopped only by producing quality economic product in our country. There is available of all the raw materials required for the manufacturing of liquid organic fertilizer in India. There is scarcity of basic technology of liquid base organic fertilizer. In this process there very rare cases of effluent available which can be treated by carefully treatment Basic plant and machinery required can be available indigenously. There is required extractors mixers, and filtration equipment. New most of the demand is fulfilled by importing only.
Plant capacity: 300000 Liters/AnnumPlant & machinery: 20 Lakhs
Working capital: -T.C.I: Cost Of Project : 73.06 Lakh
Return: 41.00%Break even: 71.00%
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Liquid Organic Fertilizer (Biofertiliser)

Liquid organic fertilizer or bio fertilizer now days has increasing market. There is now decrease in the inorganic fertilizer market. Liquid organic fertilizer made by the use of extracted organic materials and other natural products. Mainly it is used in the organic food production as a basic nutrients suppliers require for plants growth. There is virtually market demand increase day by day due to increase demand of organic food. In India liquid base organic fertilizer is now being imported from European countries. Demand of import is gradually increasing, which can be stopped only by producing quality economic product. All the raw materials required for the manufacturing of liquid organic fertilizer is available in India. The basic technology of liquid base organic fertilizer is not easily available in India. In this process negligible effluent is available which can be treated by proper treatment. Basic plant and machineries required can be obtained indigenously. There are few in organized sectors and many in private sectors are engaged in the manufacturing of solid bio fertilizer. It is necessary to literate the farmers about the benefits of bio fertilizer then it will be found that there will be rapid growth of bio fertilizer market. Now there is use of liquid bio fertilizer in the European it has and developed countries. In India there is use of imported liquid bio fertilizer. There is very good scope for new entrepreneurs.
Plant capacity: 300000 Liters/AnnumPlant & machinery: 20 Lakhs
Working capital: -T.C.I: Cost Of Project: 74 Lakhs
Return: 41.00%Break even: 71.00%
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Medical College & Hospital (500 beds) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout

A medical college is meant for important education of medical field to students to qualify them as doctors in different specialized disciplines so as to treat patients suffering form various ailments. Doctors with their dedicated spirit serve the nation at large by providing medication and treatment for eradication of diseases, which exchange health and add suffering to humanity. Normally a medical college is associated with a hospital. Hospitals provide the facilities of O.P.D. and admission for seriously ill seriously injured, seriously burnt and pregnant ladies, causalities etc. In the very beginning, there was government owned hospitals where one had to pay no money for treatment. Then, a private ward facility was started in the hospitals. The patient had to pay rent for a private room while medicines and doctors were available free of cost. The private ward helped the patient to avoid the untidiness of a general ward and noise etc. The patients, who were in a position of afford the room rent, were admitted to private rooms. The poor, however, got admission in rushed general wards. Increasing negligence by the doctors of these hospital and the overcrowding in them gave opportunity to private hospitals to have a good business with 24- hours emergency and admission facilities for ill persons. Presently, every city or town in India has number of private hospitals furnished with latest medical facilities available and with more qualified surgeons, physicians and specialist doctors. Even sometimes, they are furnished with more modern machines than those available in the nearby Government Hospital. These hospitals can be seen well crowded as they provide very good medical care. The scope for medical college & hospital is increasing day-by-day. Any new entrepreneur entering this field will be successful.
Plant capacity: 100 Student/Annum & 500 Beds for HospitalPlant & machinery: 1728 Lakhs
Working capital: -T.C.I: 7957 Lakhs
Return: 40.00%Break even: 39.00%
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Entertainment Club, 4 Star Hotel, Amusement Park Cum Water Park, and Lake For Boating - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Holiday resort business is very flourishing business these days not only in India but it has brilliant prospects in foreign countries also. The place which was usually for the let out to travelers was taken as and the keeper, in accordance with the existing laws of the land, was obliged for providing shelter and food to those willing to pay price. Today there are quite a good number of over 300 approved Holiday resorts and hotels comprising nearly 19,000 guest rooms. But the increase in rooms and other supplementary forms of accommodation such as motels, youth hostels camp sanctuaries huts in resorts and has not kept pace with the demands. Amusement park serves as a nice picnic sport and playful enjoying various types of joy-rides. It is a place of resort for all sort of people, especially children. Water park used as a health care park also. It can be used partly for flower plantation. It can be used for cultivation of different variety of fish. There is good market for new entrepreneur.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 55.00%Break even: 41.00%
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Sand lime Bricks Manufacturing - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

In the construction industry in India, while efforts are being made to introduce new technologies to expedite the work process and streamline it, the materials incorporated in production have not seen much upgradation. Sand lime bricks are used for the all building construction. These bricks do not have any effects on motors materials or concrete or upon materials used for damp-proof courses, flashing, ties or faslenings provided that the sand or other aggregate used is free from soluble salt and does not have a high alkali content. Sand lime bricks have allowed co-efficient of variation of strength, thus enabling the designing of brickwork with a low factor of safety. By the use of high strength sand lime bricks in place of clay-bricks or stone masonry, wall thickness can be reduced even for multistoried buildings. It has good scope according to selected area where brickfield is required.
Plant capacity: 60000 Nos./DayPlant & machinery: 51 Lakhs
Working capital: -T.C.I: 182 Lakhs
Return: 53.00%Break even: 38.00%
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Tea Packaging Unit (Blending And Packing)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

India is the largest producer of tea in the world. The (camellia SPP.) Is an important beverage and the world drinks more than any other beverage. It buds of the evergreen tea-plant, which is popularly acclaimed as a healthful herbs. There are mainly 4 varieties of teas according to process parameters. Fermented tea, partically fermented tea, unfermented teas or green teas, brick tea. Most of the teas quality judges by its flavour and aroma producing capacity on unit weight of processed tealeaves. The packing tea industry is divided into organized and unorganized sectors. There is good market for new entrepreneurs.
Plant capacity: 2000 Kgs/DayPlant & machinery: 48 Lakhs
Working capital: -T.C.I: 315 Lakhs
Return: 63.00%Break even: 26.00%
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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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