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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.

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.
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Abrasive Cake for Granite & Marble Polishing

Granite and Marble polishing stone is an essential item in the civil construction industries. It is made by using some chemical compounds mixed homogeneously and also with flux to it and then it is treated in the oven. The product is formed like stone according to use mould. Mostly used chemicals are available in our country, few of them require to import in our country. The basic technology is available in our country. The basic plant and machineries required for production of the stone is also available in India. The imported machineries can be used for the manufacturing of the stone also. Imported machineries are much more costly items. The market demand is gradually increased day by day. There may be scope of export marble polishing stone. There are few organized and private sectors, engaged in this production. There is good scope available in this production. Few entrepreneurs may enter into this business. It is used for floor polishing. It can be used for polishing of granite and marble.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Magnesite Bonded, Resin Bonded Polishing Brick & Resin Bonded Final Polishing Bricks for Marble and Granite

Granite and Marble polishing stone is an essential item in the civil construction industries. It is made by using some chemical compounds mixed homogeneously and also with flux to it and then it is treated in the oven. The product is formed like stone according to use mould. Mostly used chemicals are available in our country, few of them require to import in our country. The basic technology is available in our country. The basic plant and machineries required for production of the stone is also available in India. The imported machineries can be used for the manufacturing of the stone also. Imported machineries are much more costly items. The market demand is gradually increased day by day. There may be scope of export marble polishing stone. There are few organised and private sectors, engaged in this production. There is good scope available in this production. Few entrepreneurs may enter into this business. There is rapid urbanisation in India by making European style construction. There is mostly now a day’s construction pattern increase 2-5% per annum. By keeping space with it. There is proportionately increase use of polished granite and marble stone for polishing granite marble. There is essentially need of granite stone polisher. There is use of granite stone polisher increase by 5-7% per annum. There is no fixed data available of used polishing stone per annum. Approximate used stone by valued will be as below.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Magnesite Resin Bond Polishing Bricks for Granite

Granite is the hardest compact structural stone, which is quarried & dressed into blocks of desired sizes and shapes, and in amenable to slicing & polishing. The use of granite & other decorative stones has been increasing world over. India is endowed with vast deposits of these natural resources. Granite is used for construction of different types of structures & sculptures, dwelling memorials, places of worship, statues, monuments, memorials, posh hotels, flower vases, name plates etc. It is also a costly material & is hardest among all structural stones & finds its use only after cutting & polishing. Granite attains its usefulness & value only after cutting & polishing of the rough blocks in form of slabs, tiles, monuments etc. After receiving mirror like polish it displays beautiful patterns in various colours and shades enhancing elegance of the building in which it is used. It is also fireproof and as well as free from maintenance & pollutants. Uses & Option in Bond System • High-grade magnesite bond for roughing. • Resin bond for final finishing • Resin bond for polishing The resin bonding has the advantage of faster and better glass. Its benefits includes sharper and glossy floor.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Magnesite Resin Bond Polishing Bricks for Granite

Granite is the hardest compact structural stone, which is quarried & dressed into blocks of desired sizes and shapes, and in amenable to slicing & polishing. The use of granite & other decorative stones has been increasing world over. India is endowed with vast deposits of these natural resources. Granite is used for construction of different types of structures & sculptures, dwelling memorials, places of worship, statues, monuments, memorials, posh hotels, flower vases, name plates etc. It is also a costly material & is hardest among all structural stones & finds its use only after cutting & polishing. Granite attains its usefulness & value only after cutting & polishing of the rough blocks in form of slabs, tiles, monuments etc. After receiving mirror like polish it displays beautiful patterns in various colours and shades enhancing elegance of the building in which it is used. It is also fireproof and as well as free from maintenance & pollutants. Uses & Option in Bond System • High-grade magnesite bond for roughing. • Resin bond for final finishing • Resin bond for polishing The resin bonding has the advantage of faster and better glass. Its benefits includes sharper and glossy floor.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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HT & MV Industrial Cubicle Switch Boards

Electric switchboard is a device that directs electricity from one or more sources of supply to several smaller regions of usage. It is an assembly of one or more panels, each of which contains switches that allow electricity to be redirected. These switchboards are used for operating electrical circuits which efficiently hold control switches, indicators and many others.
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Return: 1.00%Break even: N/A
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Socks Knitting

Socks are widely used hosiery items in India. Men, women, kids and even infants use socks for the protection purpose. Sometimes speciality socks are used by athletics and sportsman. Socks are also a protecting apparel in some industry operation for their workers. Generally, socks come with a wide variety of design, pattern, color and size. Socks of various types and designs can be produced by using cotton yarn, acrylic yarn, and polyester yarn, nylon yarn of different counts, quality and shades. Socks are commodity products. However, in recent years with the advent of luxury socks and socks for specific application, socks have transformed from commodity items to fashion pieces. Owing to the transformation of this traditional item into a luxury product, the growth of the socks market outpaces the overall growth of the apparel industry. Almost 50% of the men use socks every day. Hence, the robust growth of the men's apparel industry is expected to be the major driver of the socks industry during the forecast period. The global socks market was valued at US$42.07 bn in 2016 and it is expected to expand at a CAGR of 6.7% from 2017 to 2025. Although an integral part of the apparel industry, the socks market holds a negligible part in the market dynamics of the apparel industry. However, taking the market growth rate into consideration, the socks market is projected to experience robust growth during the forecast period in contrast to the apparel industry in general. The rising demand for socks is primarily driven by improving fashion trends and the growing retail sector.
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Return: 1.00%Break even: N/A
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Pickles, Murabbas, Sauces & Squashes

Pickle is form of a relish that is made up of either vegetables or fruits that is preserved in brine or vinegar. Pickles are made my immersing the fruits or vegetables in the brine or vinegar solution and stored for a period of time during which the ingredients goes through the pickling process and acquire the desired taste. Pickles are usually sweet or sour in taste and are often spicy. Pickles are prepared to preserve or expand the lifespan of a particular fruit, vegetable or a mix of both, by either anaerobic fermentation in brine or immersion in vinegar. This process typically affects the texture and flavour of the pickles which are then widely consumed with meals as taste enhancers. They are also consumed as toppings in sandwiches, hamburgers and hotdogs. Most pickles are also known for their health benefits as they improve digestion, supply essential minerals and vitamins, reduce ulcers and possess anti-oxidant properties. Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2018-2023”, the global pickles market reached a value of US$ 10 Billion in 2017. Sauces have been an integral part in the global food culture. The growing urbanization, high disposable income, and increased interest in multi-cuisine culture are expected to drive the market for these products. Owing to the growing product innovations and product differentiation, the global market for sauces is expected to cross USD 38.8 billion by 2023 at a CAGR of 4.9%. The rising demand for spices and ethnic food around the world and changing eating patterns with the adoption of multi-cuisine cooking have been the major driving forces for the market growth of sauces. The demand for different kinds of sauces across the Asia-Pacific region shows the diversified trend of the industry. Squash is a concentrated syrup which is made up of fruit. Squash is generally non-alcoholic in nature as it is not fermented. Generally while manufacturing squash sugar is added, but now a days few company offers sugar free squash. In modern squash, food coloring and additional flavors are also added. In traditional squash some sort of herbal extract such as ginger extract and elderflower extract are also added to enhance the quality of the squash. Squash are also known as cordial. Squash are also used mixed with alcoholic drinks in order to make cocktails. Orange and lime base are the most commonly used squash in any social event. Squash has a large market share in the global market of fruit juices. Squash is very popular in Denmark, India, United Kingdom, Bangladesh, Argentina, Pakistan, Ireland, Indonesia, Israel, Norway, Sweden, South Africa, Cyprus, Kenya, Australia, China and New Zealand. Squash Market size will witness potential growth owing to its use in food and beverage industry. Strong demand for ready to serve beverages and change in preference from alcoholic and carbonated beverages to healthy drinks will increase their consumption. Growth in demand for natural sweeteners without artificial colours has surged its demand. Squash contains natural ingredients that are rich in vitamins and healthy choice as compared to aerated drinks and anticipated to boost squash market.
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Return: 1.00%Break even: N/A
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Health Club, Beauty Parlour with Hair Salon

Health club (also known as a fitness club, fitness centre, health spa, and commonly referred to as a gym) is a place that houses exercise equipment for the purpose of physical exercise. Health and fitness clubs provide their customers with the infrastructure for their workouts and physical activity in exchange for a membership fee. The global fitness and health club industry generates more than 80 billion U.S. dollars in revenue per year. The North American market had an estimated size of more than 28 billion U.S. dollars in 2015, of which 90 percent, around 25.8 billion U.S. dollars, was attributable to the United States. The U.S. is the single biggest market worldwide not only in terms of revenue but in regards to the number of members in health & fitness clubs as well. A beauty salon or beauty parlor (beauty parlour), or sometimes beauty shop, is an establishment dealing with cosmetic treatments for men and women. Other variations of this type of business include hair salons and spas. Beauty parlour is a very important shop to make the people good looking by application of cosmetics treatment of hair and nourishment of skin by various methods. Life style is fast changing in the modern era and the women have become more conscious about their make up the status of women has improved a lot and is improving further. This has resulted in their life style changing. Also their economic independence encourages them to resort this type of services. The personal care industry makes up 22 percent of India's market for consumer package goods and experts agree that India is full of opportunities and is a potential gold mine for many beauty and personal care companies. The Hair Salon industry has managed to untangle its early post recessionary knots. Rising consumer sentiment and per capita disposable income have boosted industry growth over the five years to 2017. This has also led to increased demand for ancillary services to standard haircuts, such as hair modification treatments (e.g. straightening procedures and perms), skin-care services and massages. The 10,000 cr Indian salon industry is largely unorganized with only around 2,500 crores forming the organized segment. But the organized segment is expected to grow at a much higher rate of 30% compared to the unorganized segment which is expected to grow at a rate less than 20%. India’s salon industry is valued at $3.5 billion as of 2015 and grows 20% annually. About a fourth of the sector is comprised of 5,000 franchises totaling $1 billion in value; the rest is composed of independent stores and small to mid-sized chains.
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Ferrite Magnets

Ferrite magnets or ceramic magnets are the most used magnets. The applications of ferrite magnets are very broad. Ferrite magnets exhibit high resistance to demagnetization, corrosion, and are electrically insulated. They are widely used in various industries due to their stability, tolerance against demagnetization, corrosion resistance, and low price per magnetic output. Applications: The range of applications is extremely broad. Because the material is ceramic, it does not rust and it can be used without coating in nearly all applications. Ferrite magnets can be found in applications such as: • Speakers • Microwave ovens • Magnetic filters • Pump drives • Measuring equipment • Toys • Reed switches • Motors and generators The global ferrite magnets market is witnessing high growth on account of increasing applications especially in the automotive and consumer electronics. The global ferrite magnets market report estimates the market size of global ferrite magnets market both in terms of volume and revenue. The report provides a comprehensive review of major market drivers, challenges, and key issues. Global ferrite magnets market was valued at $3,907.38 million in 2013 and is expected to reach $5,959.48 million by 2019, at a CAGR of 8.4%. The Ferrite magnets are the low cost permanent magnets as compared to other magnets, and hence they are the most widely consumed permanent magnet materials in the world.
Plant capacity: -Plant & machinery: --
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Return: 1.00%Break even: N/A
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Mango Papad (Aam Papad)

Aam papad is an Indian fruit leather made out of mango pulp mixed with concentrated sugar solution and sun dried. It is also known as Aamta (Assamese), amawat (Hindi), mamidi tandra (Telugu), aamsotto (Bengali) and amba vadi (Marathi). Traditional Aam Papad is sweet, although it is available in different varieties. It can be preserved for months making it popular in the off season of mangoes. Aam papad or mango leather is a sweet sour, yellow, customary Indian snack made from the pulp of mango. The king of fruits is consumed in India in many ways and aam papad recipe is one of them. This sweet looks like a puff pastry with layers of flaky fruit leather. The pulp of mango is mixed with concentrated sugar and sun dried on trays to create layers. It tastes sweet and sour with a prominent mango flavor that lingers. This dish is preserved and it can be enjoyed long after the mango season is over.
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Return: 1.00%Break even: N/A
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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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