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

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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ABSOLUTE ALCOHOL FROM MOLASSES - 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

Alcohol is used directly in the manufacture of several compounds such as ethyl acetate and other esters, acetic acid, acetone, chloral, chloroform. It is used in the manufacture of TNT and transparent soaps also. In India there are about 89 units engaged in the production of ethyl alcohol with an installed capacity of 5.34 lakhs kilolitres per annum. But the production is considerably lower than the demand. There are 3 or 4 is organized sectors engaged in the manufacturing of absolute alcohol out of more than two hundred distilleries. Mostly distilleries are engaged in the selling of rectified spirit or country spirit or they are engaged in the manufacturing of I.M.F.L. It is estimated that the demand of absolute alcohol will be 31,250 K.L. in 2010. Any new entrepreneur may enter in this field, will be successful.
Plant capacity: 10,000 Lts. / DayPlant & machinery: 707 Lakhs
Working capital: -T.C.I: 1100 Lakhs
Return: 32.00%Break even: 49.00%
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INFORMATION TECHNOLOGY (I.T.) Training Centre - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Information technology is a rapidly changing industry. With constant hardware and software changes, the I.T. Industry is highly volatile. The changes in technology and the adaptation of new technology by the industry have led to continuous change in manpower skills requirement. A recent industry study conducted by NIIT among leading companies shows that an individual with strong foundations will be able to adapt to new and changing technologies very effectively and quickly. If software and services market in India continued to be driven by exports. According to leading global business intelligence analysts, the off shore out sourcing market, is expected to witness substantial growth over the next few years. Supply side factors indicate that India will continue to have a significant pool of tech-ready and tech-trainable students over the next few years. There is a good scope for new entrants.
Plant capacity: -Plant & machinery: 14 Lakhs
Working capital: -T.C.I: 2 Crores
Return: 46.00%Break even: 42.00%
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Water Park - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project, Profitability Ratios

In ancient India, there was large use of water in the Tapovana, and different Ashrams in the forests. Elephanta caves in the Maharashtra can be considered as water park. Now the water park is the good idea of amusement. It is very good assets created by human being to enjoy the natural scenery artificially, if situated near by forest or hilly area. Water Park is the generic term for a collection of water rides and other entertainment attractions assembled for the purpose of entertaining a large group of people. A water park is more elaborate than a simple city park or playground, usually providing attractions meant to cater to adults, teenagers, and small children. A theme water park is a type of amusement park which has been built around one or more themes, such as an American West theme, or Atlantis. Today, the terms water parks and theme parks are often used interchangeably. Amusement water parks generally feature a few water rides, such as the log flume, bumper boats, and rowing boats. Such rides are usually gentler and shorter than roller coasters and many are suitable for all ages. Water rides are especially popular on hot days.
Plant capacity: 1000 visitors / DayPlant & machinery: 84 Lakhs
Working capital: -T.C.I: 362 Lakhs
Return: 41.00%Break even: 38.00%
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Jatropha Plantation & Oil Extraction (Used As Biofuel)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Cost of Project

Biofuel will be the best alternative to the energy crisis arising out of soaring crude prices and depletion of fossil fuels at a faster rate. Biofuel can make India self-sufficient in energy source as the product has been proven to be efficient, sustainable, cost-effective and pollution-free. Global production of biofuels is growing steadily and will continue to do so. The global biodiesel market is estimated to reach 37 billion gallons by 2016 growing at an average annual rate of 42 percent. The rapid development of the global biodiesel industry has been closely observed by countries interested in stimulating economic growth, improving the environment and reducing dependency on imported oil. Jatropha incentives in India is a part of India's goal to achieve energy independence by the year 2012. Jatropha oil is produced from the seeds of the Jatropha curcas, a plant that can grow in wastelands across India, and the oil is considered to be an excellent source of bio-diesel. India is keen on reducing its dependence on coal and petroleum to meet its increasing energy demand and encouraging Jatropha cultivation is a crucial component of its energy policy. Large plots of waste land have been selected for Jatropha cultivation and will provide much needed employment to the rural poor of India. Businesses are also seeing the planting of Jatropha as a good business opportunity. The Government of India has identified 400,000 square kilometres (98 million acres) of land where Jatropha can be grown, hoping it will replace 20% of India's diesel consumption by 2011.
Plant capacity: 8 Kls./DayPlant & machinery: 120 Lakhs
Working capital: -T.C.I: 438 Lakhs
Return: 41.00%Break even: 47.00%
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Rectified Spirit & Extra Neutral Alcohol (ENA)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

A rectified spirit or rectified alcohol is highly concentrated ethanol (drinking alcohol) which has been purified by means of rectification (repeated distillation). It is used in mixed drinks, in the production of liqueurs, for medicinal purposes, and as a household solvent. Neutral grain spirits are rectified spirits made from grain. However, rectified spirits are also made from other kinds of plant material, most often from sugar beets or potatoes. Rectified spirits are illegal for non medical purposes in some nations (e.g., India), but they are legal in most industrialized nations. Until recently, they were banned in Canada. In India, Ethanol is produced by fermentation of sugars present in the Molasses using Yeast. 95.5% ethanol with 4.5% water mixture (Azeotropic Composition) called Rectified Spirit is produced from the fermented Molasses containing 7% to 8% Ethanol in simple Distillation Process. The rectified spirit is dehydrated to produce Absolute Ethanol( Fuel Ethanol) suitable for blending with petrol and Diesel. Dehydration of Rectified Spirit to produce Absolute Ethanol is done by one of the two routes either azeotropic distillation or pressure swing adsorption. In azeotropic distillation, held of another substances called entrain like hexane, is taken for removal of water. In pressure swing adsorption, water is removed by adsorbing on surface of molecular sieves and then cyclically removing it under different conditions. Extra Neutral Alcohol is used as volatile carriers in Flavour & Fragrances, potable liquor for human consumption.
Plant capacity: 13000 Kls Rectified Spirit / Annum, 7500 Thousand No. Bottles / Annum (Capacity 375 ml.)Plant & machinery: 1381 Lakhs
Working capital: -T.C.I: Cost of Project : 2422 Lakhs
Return: 42.00%Break even: 56.00%
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CANCER HOSPITAL (Treatment & Research Institute) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout

The word "Cancer" is widely associated with impending death amongst a large number of people. This is understandable as Cancer is a killer disease. According to the W.H.O., globally one out of three women and one out of four men are likely to get cancer in their lifetime. With such a high probability rate, cancer can affect anyone, anytime and anywhere. However very few people know that cancer is curable in a large number of cases if detected early and a patient can lead a normal life. Although the prognosis of the disease is bad in an advanced stage, today the use of modern technology has brought the cure rate of cancer to almost 70-80%. The cancer hospital (treatment & research institute) is a comprehensive cancer care setup with all the facilities for diagnosis and treatment of all type of cancers available under one roof. The state of the art of diagnostic equipment with highly qualified doctors is Tata Memorial Hospital in Mumbai. Cancer epidemiologists have long been concerned that diagnostic services are inadequate in many parts of India. India has a population of about 110 crores with increase in incidence of cancer. The existing cancer treatment facilities as a part of multi-specialty hospitals are found inadequate to cater to an increase in demand for treatment of cancer. There is wide scope for new multi speciality hospitals having facility of cancer treatment.
Plant capacity: 75 Beds (Special Ward), 175 Beds (General Ward)Plant & machinery: 8232 Lakhs
Working capital: -T.C.I: Cost of Project : 21080 Lakhs
Return: 44.00%Break even: 46.00%
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THREE STAR HOTEL - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

India offers myriad exciting experiences to tourists. The country boasts of the world's highest mountains, miles of coastline with excellent beaches, tropical forests and wildlife, lagoon backwaters, ancient monuments and World Heritage sites, forts and palaces, and of course, the Taj Mahal. The Indian tourism and hospitality industry has thus emerged as one of the key sectors driving the country's growth and is thriving, owing to a huge surge in both business and leisure travel by foreign and domestic tourists. India have supply of 110,000 rooms. According to the tourism ministry, 4.4 million tourists visited India last year and at current trend, demand will soar to 10 million in 2010 – to accommodate 350 million domestic travelers. India has a shortage of 150,000 rooms fueling hotel room rates across India. According to the World Travel and Trade Council, demand in tourism in India will continue to grow at a rapid pace. It estimates the demand to grow at an average of 8.8 per cent between 2004 and 2013, making India the world's third fastest-growing tourist market. The boom in the Indian tourism industry has percolated to the rural areas as well. India continues to attract tourists owing to its splendid historical architecture and rich culture along with beautiful beaches and rural tourism. With India being on the global tourist map and an increasing number of people coming to India for tourism or business, Indian hotel industry is looking at expansion in a major way.
Plant capacity: Single Room - 30 Nos. Double Room - 40 Nos. Suites - 10 Nos. Banquet Hall - 1 Number Plant & machinery: 327 Lakhs
Working capital: -T.C.I: 1500 Lakhs
Return: 48.00%Break even: 37.00%
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COMPUTER STATIONERY - 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

Computer stationery is normally defined as the papers pre-printed or otherwise used to communicate data to computer or to user; such communication normally is being done continuously by computer and so requires stationery in huge amount. Computer stationery many a times is known as continuous stationery. Computer stationery is normally divided into two group (1) Single ply stationery (2) Multipart stationery. Single ply is used normally for simple tasks like – preparing pay rolls or for training programming, where computer at one time perform one task multi part stationery is used in computers having more than one terminals when various jobs are handled by computer and job is very complex, multi-part stationery is used. It facilitates to get different output at a time on different terminals and even to have more than one copy at a time from the same result. Beyond this some use pre-printed stationery and some plain. It is understood that almost 25 percent of total computer stationery is used are pre-printed. Many new uses of computers are developing and that enforce to introduce new design of stationery too. The demand for computer stationery depends upon the expanding use of computer and its increase in population so there is wide scope for entrepreneurs to venture into this project.
Plant capacity: 30,000 Printed Pkts/Annum, 15,000 Plain Pkts/Annum Plant & machinery: 44 Lakhs
Working capital: -T.C.I: 1 crore
Return: 38.00%Break even: 44.00%
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MEDICAL COLLEGE WITH HOSPITAL - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

The growth of medical education institutions especially in the private sector in India shows that the rapid growth in the number of medical colleges in India since 1950 has been driven largely by developments in the private sector. The private sector, currently accounting for over 45% of medical colleges in India, grew by 900% between 1970 and 2004, with the bulk of this growth occurring in the richer states. The growth of the private medical education sector over the last 6 decades is the most dominant feature of the Indian medical education landscape. The demand for medical professionals is tremendously increasing with the unfortunate upsurge of diseases and ailments day by day. At the same time super specialty hospitals are coming up both within the country and abroad offering employment opportunities. These along with liberalization of economy could bring better opportunities for these professionals in terms of remuneration, research and working facilities. Hospitals in India have a very bright future. India is the largest democracy in the world, is one of the fastest growing economies that is projected to more than double in the next five years.
Plant capacity: 150 Student/Annum And 750 Beds HospitalPlant & machinery: 20 Crores
Working capital: -T.C.I: 85 Crores
Return: 42.00%Break even: 37.00%
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Premixed Tea and Coffee with Sugar and Milk Powder - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunies

Coffee and tea are important in any office. Working professionals feel the need for these beverages intermittently during their hectic schedule. Increasing labor costs and the need for instant availability have brought in vending machines. With this in mind, many companies have installed beverage vending machines to provide their employees refreshments. Rapid urbanization is resulting in a lifestyle that is enhancing the time spent Out of Home working (in offices and institutions), waiting (in railway stations, airports, bus terminals) or playing (in malls, theaters, parks, beaches etc.). Many Indians therefore are beginning to consume their daily requirements of refreshments outside of their homes. In this case there is a great need for a convenient, safe and consistent product delivery mechanism for tea and coffee that account for more than 70% of the demand for beverages refreshment out of home. This is the role that is being currently performed by the vending pre-mix suppliers. Vending pre-mixes are a mixture of Tea/coffee, Sugar and dairy whiteners that are mixed with heated water through a machine at the point of dispensing to provide consumers with a safe and hygienic product untouched by human hands. The demand of premix tea and coffee will increase very rapidly so there will be wide scope for new entrepreneurs to venture into this project
Plant capacity: 1 M.T/Day Premixed Tea, 1 M.T/Day Premixed CoffeePlant & machinery: 31 Lakhs
Working capital: -T.C.I: Cost Of Project: 82 Lakhs
Return: 42.00%Break even: 63.00%
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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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