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

Manipur is a state in north Eastern India, with the city of Imphal as its capital. Manipur has been at the crossroads of Asian economic and cultural exchange for more than 2500 years. It has long connected Indian subcontinent to Southeast Asia, enabling migration of people, cultures and religions. Manipur is primarily an agrarian economy, with significant hydroelectric power generation potential.

The natural vegetation occupies an area of about 14,365 km² which is nearly 64% of the total geographical area of the state. The vegetation consists of a large variety of plants ranging from short and tall grasses, reeds and bamboos to trees of various species. Broadly, there are four types of forests - Tropical Semi-evergreen, Dry Temperate Forest, Sub-Tropical Pine and Tropical Moist Deciduous.


DEMOGRAPHIC PROFILE

Manipur has population of 25.7 Lakhs, an increase from figure of 22.94 Lakh. Total population of Manipur as per 2011 census is 2,570,390 of which male and female are 1,290,171 and 1,280,219 respectively.

Total area of Manipur is 22,327 sq. km. Density of Manipur is 115 per sq km which is lower than national average 382 per sq km. In 2001, density of Manipur was 103 per sq km.

Of the total population of Manipur state, around 67.55 percent live in the villages of rural areas. In actual numbers, males and females were 878,469 and 857,767 respectively. Total population of rural areas of Manipur state was 1,736,236. In rural areas of Manipur, literacy rate for males and female stood at 83.39 % and 67.03 %. Average literacy rate in Manipur for rural areas was 76.20 percent. Total literates in rural areas were 1,142,564.

TOURISM

Least touched and least discovered Manipur promises to be the great tourist discovery of the21st century. An oval shaped valley surrounded by blue green hills, rich in art and tradition has inspired description such as the Switzerland of the East with its cascading rapids, tripling rivers, varieties of flowers, exotic blooms and lakes. The people of Manipur include Meitei, Nagas, Kuki-Chin-Mizo and Gorkhas groups and Muslims and other colorful communities which have lived in complete harmony for centuries.

The Ministry of Tourism has five Regional offices located at Kolkata (East), Mumbai (West), Delhi (North), Chennai (South) and Guwahati (North East), which are headed by an officer of the level of Deputy Director General designated as Regional Director.

Domestic tourists intending to visit Manipur by road via Dimapur/Kohima require Inner Line Permits to pass through Nagaland. These are issued by the Liaison officers of the Government of Nagaland at New Delhi, Calcutta, Guwahati, Shillong and the Sub-divisional officer (Civil), Dimapur, deputy Commissioner, Imphal can also issue permits to tourists traveling by road from imphal to Kohima and Dimapur in Nagaland.

INDUSTRY SECTOR

The Information Technology and IT Enabled Services sector in India is looking towards Tier-II and Tier-III cities to meet the growing demands of the industry for sourcing its required skilled manpower. The youth of Manipur have not only excelled in the field of Sports, but have already established a noticeable presence in the ITES industry in India.

Manipur State is striving to score higher on being business-friendly in terms of the available IT infrastructure. These include:

•        Software Technology Parks of India (STPI) unit of Imphal with Earth station and OFC connectivity.

•        Up gradation of IT infrastructure at Imphal to provide modern Business-ready built-up office space for IT/ITES firms.

•        Internet on the move – Various Telcos like BSNL, Tata Indicom, Airtel etc. are providing Wireless Internet across the State.

A high rate of unemployment exists in Manipur, particularly among the educated youth. According to the Live Register of Employment Exchange, the total number of educated job-seekers were recorded as 5, 83.65 thousands.

Manipur is rich in natural resources but due to difficult terrain, inadequate infrastructural facilities and varying climatic conditions, the state could not develop much in the industrial sector of its economy. In the initial stage, Govt. policy in the state was one of revival and revitalization of the traditional handlooms and handicrafts of the local habitats. The contribution of the manufacturing sector to the total gross state domestic product at current prices is found to be 6.17 percent. The trend of industrial development and the present local conditions of the state and in consonance with industrial policy of the Government of India, the Govt. of Manipur in its policy announcement of 1990, has decided to focus attention to the small scale and agro-based industries without discouraging the medium and large-scale industries. It is expected to serve the objective of employment generation and dispersal of industries in rural and urban areas. The state has laid emphasis on creating a strong industrial base and employment opportunities in the state through provision of various growth inducing factors based on locally available resources. It is based on locally available raw materials and minerals. In order to promote rapid industrialization, the State Government has over the years been offering attractive package of incentives and concessions to invigorative industries.

The khadi and Village Industries Commission (KVIC) was established by the Govt. of India in the year 1957. The Khadi and Village Industries is not only providing employment to people in rural and semi-urban areas at low investment per job, but also utilizes local skill resources and provides part-time as well as full time work to rural artisans, women and minorities.

The traditional sector of industries falls within the purview of organizations such as Khadi and Village Industries Commission. The KVIC include artisans in tiny industrial units and defines it as any industry located in a village or town inhabited by population not exceeding 10000 which produces goods and renders services with or without the use of power in which the fixed capital per head does not exceed Rs.15000.

Growth Centres are large villages or small towns which have the potential to become the nuclei for the socio-economic development of the surrounding area. The Growth Centres can be identified by the different orders with respect to the quality and quantity of services and facilities, service area and population. A growth centre of lowest order should have services such as agricultural input centre, primary and middle school, maternity and child care centres and daily market.

Small-Scale Industries (SSI) is an important segment of the economy, contributing substantially in the form of production, employment and exports. It has continued to play a vital role in the fulfillment of socio-economic objectives. The principal factor for defining small-scale Industries has always been based on the size of investment. Small-Scale Industries are those industries whose investment in fixed assets such as plants and machineries does not exceed Rs.100.00 lakhs (Rs.1 Crore). Investment in plant and machinery in respect of industry related Small-Scale Service and Business Enterprises (SSSBE) were increased to Rs.10.00 lakhs from Rs.5.00 lakhs. For speedy growth of small-scale industries, the Government has already brought about simplifications in the SSI registration procedures.

The State Government has introduced this Policy with various components being offered such as, incentives, improved infrastructure facilities, supply of quality power, and credit flow from Bank and Financial institutions, better market linkages and to boost investor confidence.

The Government of Manipur desire Manipur to be a preferred destination for industrial and trade activities and achieving to the aspiration of the people of Manipur, thereby affording to –

•        All round economic development and to improve living standards.

•        To create employment opportunities, skill development and self

•        Employment opportunities.

•        Optimal utilization of both natural and physical resources.

OBJECTIVE OF INDUSTRIAL POLICY

•        Develop adequate infrastructures to ensure planned and accelerated industrial development.

•        Promote maximum capital investment in the State for economic activities resulting in employment opportunities, improving standard of living of people at large and all-round development of the State.

•        Promote modernization and technology up-gradation of existing industrial units.

•        Encourage quality control, standardization and competitiveness of local products.

•        Promote eco-friendly industries.


INDUSTRIAL ACTIVITIES IDENTIFIED AS THRUST AREAS

•             Agro based industry 

•             Bio-Technology industries.

•             Floriculture. 

•             Handloom and Handicraft.

•             Medicinal Plants.

•             Distillation of oils from aromatic plants.

•             Mineral based industries.

•             Information Technology Trade and Commerce under Export Import mechanisms.

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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.

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Cold Storage

India is the largest producer of fruits and second largest producer of vegetables in the world. In spite of that per capita availability of fruits and vegetables is quite low because of post-harvest losses which account for about 25% to 30% of production. This is mainly because of perishable nature of the produce which requires a cold chain arrangement to maintain the quality and extend the shelf-life if consumption is not meant immediately after harvest. A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temperature of a product is maintained in a specified range, needed to keep it fresh and edible for a much longer period than in normal ambient conditions. According to the information collected by the expert committee on cold storage and storage, requirement ofcold storage in the next five years may be in excess of 12 lakh tonnes. The working group of the planningcommission for IX plan had assessed new cold storage capacity for fruits, vegetables and multi commodity as15 lakh tonnes; 13 lakh tonnes in private sector, 1.5 lakh tonnes in cooperative sector and the rest 0.5 lakhtonnes in public sector. Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Broadcast Engineering Consultants India Ltd. • Carrier Airconditioning& Refrigeration Ltd. • Container Corpn. Of India Ltd. • Desai Fruits & Vegetables Pvt. Ltd. • Duraflex Services & Construction Technologies Ltd • H M G Industries Ltd. • Mohan Meakin Ltd. • Nippon Express (India) Pvt. Ltd.
Plant capacity: Fruits, Vegetables, Pulses & Spices Store :20,000 MT/annumPlant & machinery: Rs 93 lakhs
Working capital: -T.C.I: Cost of Project: Rs 903 lakhs
Return: 23.00%Break even: 34.00%
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I.V. 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. Many companies manufacture packaged intravenous fluids, as well as products which can be mixed with sterile water to prepare a solution for intravenousadministration. I.V. fluids or Intravenous fluids are life saving drugs, which are widely used in surgery, pediatrics, urology, obstetrics and gynecology. They are given mostly to patients suffering from dehydration, diarrhoea, vomiting, gastroenteritis and excessive perspiration. The growth of the global intravenous solutions market is driven by several factors. The increasing incidence of gastrointestinal disorders, diabetes, and cancer is one of the major factors that are expected to increase the rate of adoption of intravenous solutions among consumers. Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • AxaParenterals Ltd. • D.J. Laboratories Pvt. Ltd. • Baxter International Inc. • Amanta Healthcare • Aishwarya Healthcare
Plant capacity: I.V. Fluid (500 ml.):14,400,000 Bottles/annumPlant & machinery: Rs 476 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1092 lakhs
Return: 26.00%Break even: 53.00%
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PUFFED RICE (Muri)

Puffed Rice is a commonly consumed commodity as a pastime snack. It can be used in combination with nuts such as groundnut or roasted and salted cashews; with fried gram; with Jaggery and coconut gratings, or dusted with salt and spices after enrobing with oil. Since the product is easily digested and assimilated, it finds a wide acceptance among a cross section of the households. It is a versatile product with an excellent market potential. Today the snack food is one of the most important areas of the food industry. Designing snack foods today can be a complex process to meet changing consumers taste and expectations and elusive search for something unique that also appeals to a wide variety of people. Puffed rice is an ingredient of bhelpuri, a popular Indian chaat (snack). It is offered to Hindu gods and goddesses in all poojas in the South Indian states of Kerala and Tamil Nadu. Pilgrims of Sabarimala often pack puffed rice in their Irumudikettu along with jaggery meant to be offered to Lord Ayyappan. Tamil saints say that Lord Ganesh loves pori, so it should be offered to him without fail. As a whole it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Ashok Pauwa Factory • Jhaveri Organic Farm • Parampara Organic • Rajat Agro Industries • Koner Food Product
Plant capacity: Puffed Rice (Muri):1200 MT/annumPlant & machinery: Rs 6 lakhs
Working capital: -T.C.I: Cost of Project: Rs 28 lakhs
Return: 29.00%Break even: 74.00%
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Razor Blade

Blade manufacture is an important industry in several of the industrially advanced countries of the world. Carbon steel blades made from high carbon steels, containing about 1.2% Carbon, have been used in safety razors since with their introduction. However, lately these are being largely replaced by stainless steel blades because of their superior performance in regard to having comfort and durability. The property requirement of the steel for use in the manufacture of safety razor blades are high hardness, corrosion resistance and amenability to a coating process by a suitable polymer.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. The demand for men's grooming market has seen a rise in the last few years because of increased consciousness of their looks among the male customer. Also as more than 50% of the population is under the age group of 30, the industry has huge local market.Thus, due to demand it is a good project 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: Razor Blade :14,400,000Pkts/annumPlant & machinery: Rs 28 lakhs
Working capital: -T.C.I: Cost of Project : Rs 100 lakhs
Return: 28.00%Break even: 71.00%
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Liquor from Mahua (Wine and Hard Liquor)

Mahualongifolia is an Indian tropical tree found largely in the central and north Indian plains and forests. It is commonly known as mahua, mahwa or Iluppai. The flowers of the tree, which have a unique fragrance, are used to produce alcohol and provide livelihood to thousands of people. There are various types of alcoholic beverages and the concentration of ethanol differs across preparation. Alcoholic drinks prepared by using yeast to ferment various sugar containing plant products usually have a low concentration as yeast ceases to grow when the concentration of ethanol reaches about 15 percent. Stronger liquors, on the other hand, are prepared through distillation. The chemical composition of wine is complex. A typical wine contains more than 300 components in addition to alcohol, often including minerals and vitamins not found in other fermented beverages.Alcohol concentrations may vary from 10% to 14% for table wines and up to 20% for certain aperitifs. While the prevalent alcohol is ethanol, glycerol and more than a dozen other alcohols have been isolated from wines. The market is being driven by domestic consumption rather than exports. Domestic sales of wine grew by 20% in 2015. Wine is largely consumed by the urban population in India and close to 80% of the wine consumption comes from the metro cities including Delhi, Mumbai, Chennai and Kolkata.As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under: • Charosa Wineries Ltd. • Four Seasons Wines Ltd. • Grover Zampa Vineyards Ltd. • Hyderabad Distilleries & Wineries Ltd. • Indage Vintners Ltd. • Jagatjit Industries Ltd. • N D Wines Pvt. Ltd.
Plant capacity: Wine (750 ml Size):4,000,000 Bottles/annum Whiskey (375 ml Size):4,000,000 Bottles/annum Brandy (375 ml Size):4,000,000 Bottles/annumPlant & machinery: Rs 524 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3019 lakhs
Return: 27.00%Break even: 40.00%
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LED Street Light Assembling

The key strength of LED lighting is reduced power consumption. LED’s are available with at the most Lumen efficiency of 110 Lum/Watt compared to 65-80 Lum/Watt of CFL and FTL, 45 Lum/Watt of Mercury vapour and 75 Lum/Watt of metal halide or 94 Lum/Watt of Sodium Vapour. The operational life of current white LED lamps is 50,000-80,000 burning hours as compared to 5000-10000 hrs of CFL and FLT, 18000 hrs of T5 lamp, 5000 hrs of Mercury vapour, 8000 hrs of Metal halide and 8000 hrs HPSV lamp.While LEDs have the advantage over fluorescent lamps that they do not contain mercury, they may contain other hazardous metals such as lead and arsenic. Lighting in India consumes 18% of overall power whereas in developed countries it is between 10 and 12%. Of the 18%, GLS consumes 65% of lighting.With the use of CFL lamps, upto 80% power used by GSL lamps can be saved. The market size of organized GLS lamps, in India is about 650 mn units, while that for energy efficient CFLs is 52 mn units, thus making penetration of CFL over 9% of GLS.The market size of Indian LED industry may touch Rs 21,600 crore by 2020 on the back of government's decision to switch to LED for all street lamps and public space lighting, an industry official said.As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian Major Players are as under: • Aver Software Technologies Ltd. • Bajaj Electricals Ltd. • Fiem Industries Ltd. • Goldwyn Ltd. • Havells India Ltd. • I QInfotech Ltd. • M I C Electronics Ltd. • Philips India Ltd. • Sanco Industries Ltd.
Plant capacity: :132,000 Pcs/annumPlant & machinery: Rs 18 lakhs
Working capital: -T.C.I: Cost of Project: Rs 129 lakhs
Return: 28.00%Break even: 73.00%
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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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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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