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

Agriculture & Horticulture: Project Opportunities in Jammu & Kashmir

 

PROFILE

Agriculture Sector of Indian Economy is one of the most significant part of India. Agriculture is the only means of living for almost two-thirds of the employed class in India. About 65% of Indian population depends directly on agriculture and it accounts for around 22% of GDP. Agriculture derives its importance from the fact that it has vital supply and demand links with the manufacturing sector. The agriculture sector of India has occupied almost 43 percent of India's geographical area. Agriculture is still the only largest contributor to India's GDP even after a decline in the same in the agriculture share of India

RESOURCES

Paddy, wheat and maize are the major crops of Jammu & Kashmir. Barley, bajra and jowar are cultivated in few parts. Gram is grown in Ladakh. The horticulture industry in Kashmir has become the safeguard of rural economy in the State, providing job facilities to the thousands of people directly and indirectly. The major horticulture items are apple, pear, cherry, walnut, almond, peaches, saffron, apricot, strawberry and plum. About 80 per cent population of the State depends on agriculture. The area under orchards is 242 lakh hectares. The State produces fruit worth Rs 2,000 crore annually including export of walnuts worth Rs. 120 crore. Jammu and Kashmir State has been declared as Agri Export Zone for apple and walnuts. Market Intervention Scheme has also been launched for improving quality fruit for export by ensuing proper grading.

The State is suitable for growing variety of flowers since it has perfect agro-climatic conditions. The floriculture industry in the State offers a good source of supply to the domestic and international market. There is potential for this activity to be propagated on a commercial basis.

GOVERNMENT POLICIES:

In India, agricultural trade policy is a part of a larger food and agriculture policy regime that seeks to maintain food self-sufficiency while providing income support to the agricultural sector and poor consumers. The Government of India (GOI) uses a variety of policy instruments in attempting to achieve these goals, including:

•        Domestic subsidies to inputs, outputs, transportation, storage, and consumption to reduce producer costs and consumer prices

•        Border measures such as subsidies, tariffs, quotas, and non-tariff measures to protect domestic producers from import competition, manage domestic price levels, and guarantee domestic supply.

Handicraft: Project Opportunities in Jammu & Kashmir

PROFILE:

India is one of the important suppliers of handicrafts to the world market.  The Indian handicrafts industry is highly labour intensive cottage based industry and decentralized, being spread all over the country in rural and urban areas.  Paintings, furniture, sculptures, artificial jewellery, animal figures, figurines of deities and idols, baskets, and many more items have been complimented as the pride of India. The Handicrafts Sector plays a significant & important role in the country’s economy.

RESOURCES:

Handicraft is the traditional industry of the State and has been of crucial importance given its large employment and export potential. Some of the items of industry are papier-mache, woodcarving, carpets, shawl making, embroidery etc. The handicrafts industry, particularly the carpet industry, has been a source of substantial foreign exchange. It provides employment to about 3.40 lakh artisans. The number of industrial units has also gone up. Jammu has Urban Haats, while a similar Haat is being commissioned in Srinagar. An Export Promotion Industrial Park has been established at Kartholi, Jammu. A similar Park is being set up at Ompora, Budgam. A pashmina dehairing project assisted by the United Nations Development Programme (UNDP) is coming up in the Leh industrial estate of the State.

GOVERNMENT POLICIES:

During the Xth Plan the Government of India has implemented seven generic schemes in the central sector for holistic growth and development of handicrafts sector in the country.  The Sub-Group on handicrafts recommended six generic schemes for development of handicrafts in the country to be implemented during the 11th five year plan. The schemes recommended for implementation during 11th five year plan are as under:

Baba Saheb Ambedkar Hastshilp Vikas Yojana: This scheme aims to promote Indian handicrafts by developing artisans’ clusters into professionally managed and self-reliant community enterprise on the principles of effective member participation and mutual cooperation.  The thrust of the scheme is on a project based, need based integrated approach for sustainable development of handicrafts through participation of crafts persons. 

 

Livestock: Project Opportunities in Jammu & Kashmir

PROFILE:

Livestock sector plays a critical role in the welfare of India's rural population. It contributes nine percent to Gross Domestic Product and employs eight percent of the labour force. 70% of livestock market in India is owned by 67% of small, marginal farmers and by the landless. 60% of livestock farming labor is provided by women and more than 90% of work related to care of animals is rendered by womenfolk of the family. Indian Livestock is reared in close human proximity where they form component of the life system of the people. Cows, buffaloes, bullocks, mule and donkeys are not just utility animals, but also companions at work for the toiling poor who rear them alongside their own dwelling. India has 53% of world Buffalo population and 15% of world Cattle population. In terms of sheep population, India ranks fifth after Australia, China, Iran and New Zealand.

RESOURCES:

In Jammu and Kashmir, animal husbandry plays a significant role as 0.13 per cent of gross domestic product (GDP) of the state is contributed by this sector. The state has a precious wealth of livestock in form of cattle-buffalo, sheep, goats, poultry, etc. The cattle and poultry amongst all the livestock are considered the most important tool for the development of the rural economy. The production of pashmina shawls and other animal products like carpets, shawls and blankets of Kashmir earn handsome foreign exchange for the nation. Therefore livestock industry in the state has vast scope for development rendering quick economic returns.

GOVERNMENT POLICIES:

The Indian government has collaboration and policies to provide guidance for a more holistic planning, implementation and monitoring of animal husbandry projects. Following plans have also been made:

•        Also, the government has planned to assure a sound Natural Resource Management (NRM) Sphere co-ordination and implementation at country level for SDC.

•        Create / enhance synergy between the activities of the Livestock production and Dairying (LPD) and Sustainable Land Use (SLU) sectors

•        Enlarge the scope for new and innovative interventions and for support to technical development and technology transfer.

•        Promote and support validation, documentation and dissemination of experiences in order to contribute to the process of knowledge management in SDC and Inter cooperation (IC) and to strengthen inputs for policy and strategic dialogue with partners and actors in the NRM Sphere

 

Tourism: Project Opportunities in Jammu & Kashmir

 

PROFILE:

Tourism in India is the largest service industry, with a contribution of 6.23% to the national GDP and 8.78% of the total employment in India. The tourism industry in India is substantial and vibrant, and the country is fast becoming a major global destination. India’s travel and tourism industry is one of them most profitable industries in the country, and also credited with contributing a substantial amount of foreign exchange. Indian Tourism offers a potpourri of different cultures, traditions, festivals, and places of interest.

RESOURCES:

Jammu and Kashmir is known as crown of India, adheres varieties of cultural, religious spots, adventure and sightseeing activities. It is famous for its towering snow clad mountains, bubbling streams, transparent and sparkling lakes, flower meadows, colourful orchards and rare fauna. All such features of Jammu and Kashmir have always attracted numerous tourists from all over the world. Tourism has emerged as an important and one of the major contributors to the State's economy. There are various places of tourist attraction in the State which are being visited by both foreign and domestic tourists. Kashmir Valley is described as the paradise on earth. Chashmashahi springs, Shalimar Bagh, Dal Lake, Dachigam, Gulmarg, Pahalgam, Sonamarg and Amarnath shrine in the Valley, Vaishnodevi shrine and Patnitop near Jammu and Buddhist monasteries in Ladakh are important tourist destinations. Ladakh festival in September and Sindhu Darshan in June are popular events. However, efforts are being made to support houseboat owners and develop village tourism in Jammu and Kashmir.

 

GOVERNMENT POLICIES:

In order to develop tourism in India in a systematic manner, position it as a major engine of economic growth and to harness its direct and multiplier effects for employment and poverty eradication in an environmentally sustainable manner, the National Tourism Policy was formulated in the year 2002. Broadly, the Policy attempts to:-

•        Position tourism as a major engine of economic growth;

•        Harness the direct and multiplier effects of tourism for employment generation, economic development and providing impetus to rural tourism;

•        Focus on domestic tourism as a major driver of tourism growth.

•        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination;

•        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst;

•        Create and develop integrated tourism circuits based on India’s unique civilization, heritage, and culture in partnership with States, private sector and other agencies; and ensure that the tourist to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and feel India from within.

Sericulture: Project Opportunities in Jammu & Kashmir

PROFILE:

Sericulture, the technique of silk production, is an agro-industry, playing an eminent role in the rural economy of India. Silk-fibre is a protein produced from the silk-glands of silkworms. Of the total production of 2,969 tonnes of silk in India, as much as 2,445 tonnes is produced by the mulberry silkworms, Bombyx mori. India is the second largest producer of raw silk after China and the biggest consumer of raw silk and silk fabrics. An analysis of trends in international silk production suggests that sericulture has better prospects for growth in the developing countries rather than in the advanced countries.

RESOURCES:

Kashmir has been famous for its silk production since ancient past. Rajtrangni of Kalhana, Mahabharata and Ramayana establish that the sericulture was being practised in Kashmir from times immemorial.  Jammu and Kashmir produces the best quality Bivoltine Mulberry silk in the country due to its longer length better strength and shine mainly because of conducive climatic conditions. However out of total production of cocoons every year only 20-25% is being consumed within the State and the rest is exported. The estimated production of raw silk yarn is 92000 kg annually. As against this the State is importing spun silk as an item of raw material for different manufactures without clicking our conscience that the better silk could have been exported to others besides catering to the needs of the home industry.

GOVERNMENT POLICIES:

There are several centrally sponsored schemes for promotion and development of sericulture sector, through which Government of India has been undertaking different activities like:

 

•        creation of sericulture related infrastructure;

•        development of nurseries and farms;

•        expanding plantation areas;

•        providing technical know-how to the rearers in production and marketing of cocoons;

•        skill up-gradation and training programme, etc.

 

Fisheries: Project Opportunities in Jammu & Kashmir

PROFILE:

Fisheries sector occupies a very important place in socio-economic development in India. It has been recognized as a powerful income and employment generatoras it stimulates growth of a number of subsidiary industries and is a source of cheap and nutritious besides being a foreign exchange earner.

RESOURCES:

The State of J&K has a unique topography which divides the State in to 3 distinct agro climatic zones viz. the tropical Jammu Division, the temperate Kashmir Valley and the cold arid zone of Ladakh. The State is bestowed with the natural water resources spread over an area of about 0.40 lacs hectares existing in the shape of cold water torrential streams, Lakes, Rivers, Sars, Springs, Reservoirs besides about 250 high altitude Lakes. While the Jammu Division offers potential for development of Warm Water Fisheries, certain areas in the Districts of Kathua, Udhampur, Doda, Rajouri and Poonch also offer potential for the development of Cold water Fisheries and Mahaseer Fisheries. The Kashmir Valley including Ladakh region offers great potential for development of Cold Water Fisheries and the indigenous Icthyofauna.

GOVERNMENT POLICIES:

During the 10th Five Year Plan, emphasis was laid on the strengthening of the infrastructure existing in the shape of Fish Farms, Hatcheries, and other allied infrastructure. The Department has achieved break-through in cold water Fisheries and Food Fisheries. Fish Farming has been successfully introduced in the private sector under the Hon’ble Prime Minister’s Package and in this direction 454 units have been set up to provide employment avenues to the educated unemployed rural youth. During the Annual Plan 2009-10, the department has identified major thrust areas for overall development of fisheries in the State.

These include:-

i.        The existing infrastructure will be further strengthened. Under this programme, emphasis will be laid to increase the hatching and rearing capacity of existing Fish Farms and Trout Hatcheries.

ii.       Development of Recreational Fisheries by way of setting up of an Aquarium at Srinagar and completion of phase 2nd of Aquarium cum Awareness centre at Bagh-i-Bahu Jammu.

iii.      Extensive survey of areas especially in newly created districts will be conducted for establishment of new fish farming units of both Carp and Trout.

iv.      Sport Fisheries will be further strengthened and new trout streams will be established in the State particularly in Jammu division to increase the scope of trout angling in the State.

v.       Propagation of fish culture in private sector

vi.      Development of endemic fish fauna/hill stream fisheries.

vii.     To provide better marketing facilities for the fishermen.

 

Waste management and recycling: Project Opportunities in Jammu & Kashmir

PROFILE:

Rapid industrialization last few decades have led to the depletion of pollution of precious natural resources in India depletes and pollutes resources continuously. Further the rapid industrial developments have, also, led to the generation of huge quantities of hazardous wastes, which have further aggravated the environmental problems in the country by depleting and polluting natural resources. Therefore, rational and sustainable utilization of natural resources and its protection from toxic releases is vital for sustainable socio-economic development.

RESOURCES:

SMC has introduced dumpers replacing open collection sites in many areas but the dumpers are not colour-coded and no segregation of waste is carried out at source. Total waste generated is about 375 MT/day (within SMC limits). House-to-House collection of municipal solid waste is being undertaken in 25% of households in Srinagar city through Srinagar Municipal Corporation and some Non- Governmental Organizations (NGOs). Waste is being collected from hotels, restaurants, office complexes and commercial areas whereas slums in some areas are not provided with sanitation facilities. Waste from slaughter houses, meat and fish markets, fruits and vegetable markets which are bio-degradable in nature are not managed separately instead are dumped at the landfill site.

GOVERNMENT POLICIES:

National policy on waste management is set out in the October 1998 policy statement on waste management- Changing our Ways. It outlines the Government's policy objectives in relation to waste management, and suggests some key issues and considerations that must be addressed to achieve these objectives. The policy is firmly grounded in an internationally recognised hierarchy of options, namely prevention, minimisation, reuse/recycling, and the environmentally sustainable disposal of waste which cannot be prevented or recovered.

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BRASS ROLLING SHEET

Brass Sheets are known for its superior finish appearance and finds various uses because of its easily malleable nature that allows the metal to get formed in various shapes and sizes. These brass sheets also find usage in making brass hardware. These brass sheets varies in sizes and thickness and can be provided in either soft or hard finish, thus making these perfect for many commercial and industrial applications.
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BALL PEN MANUFACTURING

Ballpoint pens are made to order in mass quantities. While each manufacturer makes them slightly differently, the basic steps include ink compounding, metal component formation, plastic component molding, piece assembly, packaging, labeling, and shipping. In advanced shops, pens can go from raw material to finished product in less than five minutes. A ballpoint pen is a writing instrument which features a tip that is automatically refreshed with ink. It consists of a precisely formed metal ball seated in a socket below a reservoir of ink. As the pen is moved along a writing surface, ink is delivered. Even though ballpoint pens were first patented in the late nineteenth century, they only started to reach commercial significance in the early 1950s. Now, ballpoint pens dominate the writing instrument market, selling over one hundred million pens each year worldwide.
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C.P. BATH ROOM FITTING (CHROME PLATED)

Chrome plating is used in a number of metallic products to increase its durability, because products which are chrome plated do not get corroded easily. Chrome plating is mostly used in the automotive industry and the bath ware industry. Chrome happens to be frugal, lightweight and attractive making it the best bet to plate luxury bathroom fittings. Most luxury bathrooms are state-of-the art designed sanitary ware which look spotless and attractive. Chrome meaning steel that has undergone several plating processes to endure the temperature changes and weather that a car is subject to outdoors. Triple plating is the most expensive and durable process, which involves plating the steel first with copper and then nickel before the chromium plating is applied. The fact that chrome plating is a method used in electroplating makes it rust resistant. Chrome plating also does not oxidise easily because of which it is mainly used in bathrooms and kitchens. CP fittings are available in a plethora of designs which look exquisite, when placed on the bathroom sink or used as a shower.
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Elastic and Rigid Tape

Elastic tape is unique to other types of tape, like traditional athletic tape, in that it has elastic properties. Typically, elastic tape is designed to stretch up to approximately 140% of its original length, thus mimicking the properties of skin and allowing for some “recoil” or pulling force on the skin and underlying structures. These features are opined to provide several benefits including a correction of alignment of weak muscles, facilitation of joint motion, reduction in swelling, enhanced blood flow, and pain reduction. Rigid Strapping Tape is made from a strong rayon cloth with an aggressive sticking zinc oxide adhesive mass. The optimum strength rayon backing material and porosity enables the tape to remain in place during all sporting pursuits involving vigorous exercise and in all conditions. Pinked edges provide quicker tape application whilst eliminating threading. Rigid strapping tapes provide strong support for joints during high-stress sport activity, minimising excessive joint activity that can cause injury. The tapes are suitable for taping ankles, knees, fingers, shoulders and elbows.
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Handloom Products (Khes, Bed Sheets, Bed Covers, Furnishing And Tapestry Cloths)

A 'handloom' is a loom that is used to weave cloth without the use of any electricity. Hand weaving is done on pit looms or frame looms generally located in weavers' homes. Weaving is primarily the interlacing of two sets of yarn – the warp (length) and the weft (width). Handlooms also use naturally grown fibers and dyes. Handloom products are created by weavers from all over the country. Khes is a floor spread and bed covering that is traditionally made of cotton. The thinner ones are used as bed coverings in winter and the thicker ones are used in place of shawls during winters. Bed cover is a fabric worn on the bed over the blanket and sheet is used on the bed inside a blanket. They have higher demand especially by the urban population. Current demand is met through local production and import. Bed cover is a fabric worn on the bed over the blanket and sheet is used on the bed inside a blanket. Tapestry is a form of textile art, traditionally woven on a vertical loom. Tapestry is weft-faced weaving, in which all the warp threads are hidden in the completed work, unlike cloth weaving where both the warp and the weft threads may be visible. In tapestry weaving, weft yarns are typically discontinuous; the artisan interlaces each coloured weft back and forth in its own small pattern area. The handloom sector is a very important industry, as it is the second largest employer of the rural population after agriculture. The handloom industry employs 13 million people directly and indirectly and contributes to almost 19% of the total fabric produced in the country. The Indian handloom industry also produces over 70 percent of the world’s handwoven fabrics. In 2013, this sector produced 6.9 billion square meters of cloth.
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Hexamine from Formaldehyde

Hexamine is a reaction product of formaldehyde and ammonia widely employed in the production of thermosetting plastic materials. This product is usually obtained by evaporating a mixture of an aqueous solution of formaldehyde and ammonia, by a batch process. Batch processes are quite uneconomical and a Suitable continuous process wherein satisfactory yields are obtained has long been sought. Formaldehyde is also being used in producing home building products. Formaldehyde is also known for its preservative and anti-bacterial properties. Hence, medical laboratories and some consumer products are also using formaldehyde as a preservative. ? The global consumption of formaldehyde is increasing as it is being used on a large scale for construction and remodeling activity and furniture production. Due to the excellent thermal and chemical resistance, formaldehyde-based resins are being used in manufacturing airplane and automobile parts. Formaldehyde is also being used in manufacturing anti-infective drugs, hard-gel capsules, and vaccines.
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Extraction of Oil (Jeera, Ajwain, Ginger, Cardamom Oil )

Extraction is the first step in the refining process. Oils and fats are extracted from their original source (the seeds, fruits or other oil-bearing raw materials) using a variety of different methods. In some cases, for example virgin olive oil, the oil is extracted directly from the fruit by means of a simple mechanical press and used without the need for any further processing. This process is known as cold pressing. For most oils however, the process is more complex. Modern oil mills extract oil using a combination of pressing, cooking and solvent extraction. This process is often carried out in the country of origin. The seeds of Ajwain have been popularly used in India by many households in order to treat upset stomach, and used in the preparation of various food items to prevent stomach related issues. The scientific nomenclature name of the ajwan is Trachyspermum ammi (other: Trachyspermum copticum, and Carum copticum). The Ajwain essential oil is extracted from the Ajwain seeds. The color of the Ajwain oil can vary from orange to red, and the oil gives a pungent thyme odor. The global cardamom oil market is expected to grow at a CAGR of 5.3% over the forecast period i.e. 2017-2024. Further, cardamom oil market is anticipated to reach USD 7.2 billion globally by 2024. The growth of cardamom oil market is driven by the increasing consumer awareness regarding health benefits of cardamom oil. Further, its heightening application in personal care products is also envisioned to bolster the growth of cardamom oil market. Ginger is majorly used in spices and thus ginger oils and oleoresins are preferred to prepared dried spices as flavoring in food industry, because they are more stable, contamination free , cleaner, , and can be easily standardized by blending. Thus the growth of food industry and spices demand are another factors driving growth of ginger oil market. The growth of natural personal care products industry is another growth driver for ginger oil market. The global essential oils market has grown steadily in the last few years. The market size is projected to reach USD 11.19 Billion by 2022, at a CAGR of 8.83% from 2017 to 2022.
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Safety Pin, Paper Pin, Gem Clips

The safety pin is a variation of the regular pin which includes a simple spring mechanism and a clasp. The clasp serves two purposes: to form a closed loop thereby properly fastening the pin to whatever it is applied to, and to cover the end of the pin to protect the user from the sharp point. A paper clip (or sometimes paperclip) is a device used to hold sheets of paper together, usually made of steel wire bent to a looped shape. Most paper clips are variations of the Gem type introduced in the 1890s or earlier, characterized by the almost two full loops made by the wire. Common to paper clips proper is their utilization of torsion and elasticity in the wire, and friction between wire and paper. When a moderate number of sheets are inserted between the two "tongues" of the clip, the tongues will be forced apart and cause torsion in the bend of the wire to grip the sheets together. Gem clip is a wire or plastic clip for holding sheets of paper together gem clip - a wire or plastic clip for holding sheets of paper together
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Neon Sign Board Manufacturing

The Neon sign board is one of the most popular and attractive media of advertisement widely used by industrial and commercial firms to popularize their products among the general public. The neon sign board that is installed on tall buildings attracts the attention of people even from distant places and hence it is ideally suited for advertisement in busy places like big town and cities. Neon Sign Boards are installed on tall buildings situated in busy areas to grab attention of target audience. It is attractive and appealing advertising boards play a significant role in building brand image in the market. With the expansion of trade and industry the competition in every field is growing day by day. After liberalization of economic policy, variety of foreign goods are available everywhere at cheap rates creating tough competition for industrial and consumer goods in the Local market and advertisement has become very essential for the success of any business activity. As such it is found to have scope for starting new small scale units for the manufacture of neon sign boards to meet the growing demand.
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Composite Containers

A composite container is a canister or a container made from more than one constituent material in order to enhances the maximize useful properties and minimize their weaknesses , generally consisting of paper, boards and Kraft papers with metal of plastic ends. It is also called a 'combican'
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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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