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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.
We can also prepare project report on any subject as per your requirement.

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Steel Hinges & Tower Bolts

Hinges are devices that are made out of two symmetrical or none symmetrical sheet metal pieces pivot joined together with wire rod for free swinging of the two parts and are used to support doors or windows of buildings and furniture allowing a swing about the support frames.Tower Bolt is a rod-shaped bolt for fastening a door or the like, attached to one side of the door at the edge and sliding into a cylindrical casing on the frame of the opening. These may be ferrous or non-ferrous. The growth of this industry is directly linked with the growth of housing construction, ship building industry, automobiles and railways etc. The Indian construction industry is at the threshold of breakthrough, handling around Rs. 1,50,000Crores per five year plan period. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Acme Locks Ltd. • Anupama Steel Ltd. • Asmi Metal Products Pvt. Ltd. • Atul Fasteners Pvt. Ltd. • C A F India Pvt. Ltd. • Cartini India Ltd. • D C M Tools & Dies Ltd.
Plant capacity: Steel Hinges: 540 MT/Annum Steel Tower Bolts: 540 MT/AnnumPlant & machinery: Rs 78 lakhs
Working capital: -T.C.I: Cost of Project : Rs 261 lakhs
Return: 28.00%Break even: 55.00%
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Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile.In addition to sanitary napkins non-woven fabric is also used in several other products like cigarette filters, headliners, airlines disposables, surgical disposables, non-woven wipes, non-woven abrasives, sports footwear components etc. Meditech products include textile material used in hygiene, health and personal care as well as surgical applications. The Indian sanitary napkin market reached a value of nearly US$ 414 Million in 2016, the market is expected to reach a value of around US$ 596 Million by 2022, growing at a CAGR of more than 6% during 2017-2022.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Carewell Hygiene Products Ltd. • Centron Industrial Alliance Ltd. • Diapers India Ltd. • Godrej Hygiene Products Ltd. • Gufic Biosciences Ltd. • Johnson & Johnson Pvt. Ltd. • Kimberly Clark Lever Pvt. Ltd.
Plant capacity: Sanitary Napkins : 160000Pkts./day each pkts. 6 pcsPlant & machinery: Rs 569 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1118 lakhs
Return: 31.00%Break even: 49.00%
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Coumarin

Coumarin is an aromatic organic chemical compound in the benzopyrone chemical class, although it may also be seen as a subclass of lactones. It is a natural substance found in many plants, and a colorless crystalline substance in its standard state. Coumarin is a phytochemical with a vanilla like flavour. Coumarin is an oxygen heterocycle. Coumarin can occur either free or combined with the sugar glucose (coumarin glycoside). Coumarin is found in several plants, including tonka beans, lavender, licorice, strawberries, apricots, cherries, cinnamon, and sweet clover. Coumarin is a chemical compound found in a variety of different plants. It has a fragrant, sweet odor and flavor and is often added to fragrances and cosmetics. It’s also used as a precursor to anticoagulant medications, such as warfarin and Coumadin, which help promote blood circulation and prevent the formation of blood clots.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Industrial Valves

Industrial valves are of various types such as Gate Valves, Globe Valves, Ball Valves, Butterfly Valves, Check Valves, Pressure Valves, and Diaphragm Valves etc. These valves perform various functions working on a different working principle. An industrial valve is a mechanism designed to close or control the flow in an installation. Depending on the function, the valves can be divided into: shut-off valves (close the pipeline tight), control valves, distribution valves, check valves (protect against backflow), safety valves (protect installations against excessive pressure). The global industrial valve market is expected to reach a size of USD 68,324.43 million in 2018, and USD 88,585.74 million by 2023, at an estimated CAGR of 5.33%, during the forecast period (2018-2023). The market is majorly driven by factors such as growing demand from the power industry, increase in demand for desalination activity, and increase in demand from the chemicals industry. India industrial valves market is projected to grow from $ 1.4 billion in 2017 to nearly $ 2.2 billion by 2023, on the back of rising energy demand and rapid expansion in oil & gas pipelines across the country. Growing mergers & acquisitions, rising potential of replacement industrial valves market, and increasing number of water & wastewater management plants coupled with growing natural gas consumption are some of the other factors that would aid the market growth during forecast period.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Laminated Tube (Multilayer)

The Multilayer Laminated Tubes (lamitube) made from laminates with aluminium foil barrier combine the excellent barrier advantages of traditional metal tubes & the attractive visual and tactile feel of the plastic tubes. Laminate tubes uses the most modern technology to produce a tube with the industry’s most aesthetic minimal seam, providing maximum space for graphics and brand decoration. Laminate material virtually prevents transfer of light, air and moisture. Montebello also offers a wide variety of graphics and an assortment of sizes and styles. Laminated tubes offer products a competitive edge in the market and are used across the globe for packaging in personal care, food, pharma and industrial applications. The oral care industry by itself contributes to almost 70% of the total production of laminated tubes, while an increasing number of them are being used in the cosmetics sector. An increasing adoption of laminated tubes in oral care, in the form of packaging for toothpastes and mouth wash gels has catapulted the oral care segment by end use to the top position in terms of market share in the global laminated tubes market. The oral care segment will hold more than 45% market value share throughout the duration of the forecast period, witnessing an impressive rise of 120 basis points in market share in 2027 over 2017. The oral care segment is estimated to reach a market valuation of US$ 1,371.3 Mn by the end of 2027, up from US$ 385.9 Mn by 2017 end, registering a CAGR of 13.5% in terms of value during the forecast period. The oral care segment will create an incremental $ opportunity of US$ 985.5 Mn during the period of forecast. The cosmetics and personal care market is surging ahead with superfast growth in the Latin America, APEJ, and MEA regions owing to increasing consumer demand for skin care and hair care products. The cosmetics segment in the Latin America laminated tubes market is estimated to touch a value of US$ 41.6 Mn by the end of 2027, exhibiting a CAGR of 12.2%. While in the APEJ laminated tubes market, the cosmetics segment will reach a market value of US$ 133.1 Mn by the end of 2027, recording a CAGR of 17.4% in terms of value over the forecast period.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Electrical Lamp

An electric lamp is a conventional light emitting component used in different circuits, mainly for lighting and indicating purposes. The construction of lamp is quite simple, it has one filament surrounding which, a transparent glass made spherical cover is provided. The filament of the lamp is mainly made of tungsten as it has high melting point temperature. The global lamps market is expected to expand at a modest CAGR from 2015 to 2023. It is estimated that lighting consumes a significant portion of energy production. The growing demand from rural areas on account of initiatives taken by governments across regions is expected to boost the global lamps market. The global lamps market is highly fragmented with numerous companies launching their products of varying sizes. Aggressive marketing strategies are used by these players so as to occupy a strong position in the market. The increasing number of players in the market is also intensifying competition. Players in the market are also participating in mergers, collaborations, and partnerships to increase their global presence.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Copper Foil

Copper foil is a sheet of copper that is usually only a few micrometer in thickness. Copper foils are commonly used as a conductor in printed circuit boards (PCBs) and flexible connectors. Copper has high electric conductivity and is also ductile and malleable. This makes it one of the widely used metals in the emerging electric & electronics industry. This, in turn, is expected to drive the copper foils market in the next few years with a lot of demand estimated from Asia Pacific. Key players in the copper foils market are Targray Technology International Inc., K. L. Laminate’s d.o.o., JX Nippon, China-Kinwa High Technology Co., Ltd., Furukawa Electric Co., Ltd., Kingboard Copper Foil Holdings Limited, Chang Chun Petrochemical Co., Ltd., Hubei Creatwell Co., Ltd., Chinalco Shanghai Copper Co. Ltd., and Oak-Mitsui.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Lecithin from Sunflower Oil

Lecithin is a generic term to designate any group of yellow-brownish fatty substances occurring in animal and plant tissues, which are amphiphilic – they attract both water and fatty substances (and so are both hydrophilic and lipophilic), and are used for smoothing food textures, dissolving powders (emulsifying), homogenizing liquid mixtures, and repelling sticking materials. They also provide texture to many foods and increase their shelf life. Lecithin has the ability to bind water and fat sources, making it a great additive to many desserts, chocolates, salad dressings, meats, and cooking oils. The global lecithin market is expected to register a CAGR of 5.2% during the forecasted period. Lecithin is used in the food industry for smoothing food textures, dissolving powders, homogenizing liquid mixtures, and repelling sticking materials. The global lecithin market is segmented by source type into - egg, soy, sunflower, and others. Soy comprises the largest category with easy availability and consumers perceiving soy based foods as healthier. Sunflower based lecithin is also gaining popularity with plant and seed based lecithin being the fastest growing segment.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Thermocouple

Thermocouple is an electrical device consisting of two dissimilar electrical conductors forming electrical junctions at differing temperatures. A thermocouple produces a temperature-dependent voltage as a result of the thermoelectric effect, and this voltage can be interpreted to measure temperature. Thermocouples are a widely used type of temperature sensor. Commercial thermocouples are inexpensive, interchangeable, are supplied with standard connectors, and can measure a wide range of temperatures. A Thermocouple is a sensor used to measure temperature. Thermocouples consist of two wire legs made from different metals. The wires legs are welded together at one end, creating a junction. This junction is where the temperature is measured. When the junction experiences a change in temperature, a voltage is created. The voltage can then be interpreted using thermocouple reference tables to calculate the temperature.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Turmeric Plantation

Turmeric, known as haldi in Hindi, is a popular and sacred spice from India. It is nicknamed as ‘Indian Solid Gold’ and ‘Indian Saffron’ owing to its golden yellow color. It has profound significance as a condiment, dyeing agent, flavoring agent and even as a medicine. It is an inseparable ingredient in Asian cuisine especially in Indian curry preparations. Owing to the increasing demand of pure, organic food products, turmeric is an important food coloring agent. Turmeric is the dried rhizome of Curcuma longa, an herbaceous plant. The rhizome has 1.8-5.4% curcumin, the pigment and 2.5-7.2% of essential oil. It is used as an important condiment and as a dye with varied applications in drug and cosmetic industries. In India, Andhra Pradesh is the leading state followed by Maharashtra, Tamil Nadu, Orissa, Kerala and Bihar. Turmeric production in India is about 78% of total production in the world. Turmeric can be grown as a monocrop or with other plantation crops as intercrop. Turmeric has been India’s golden spice for the past five centuries. It is one of those few Indian products having both commercials as well as mythological significance. Turmeric is used not only in the culinary item but also as cosmetics in almost every Indian household. Turmeric has been used in Asia for thousands of years and is a major part of Ayurveda, unman, and traditional Chinese medicine. Turmeric market is segmented on the basis of its application and form. In the context of healthcare segment, turmeric has application to combat health issues related to digestion, liver, cancer, cholesterol, osteoarthritis and many other health disorders. Another application of turmeric is in cosmetic industry where it is used as an herbal product in skin and body care products. Further, the market of food type can be segmented in terms of using the turmeric for different purposes such as taste enhancer, ingredients, and coloring purpose and in terms of beverage; it is used in tea, juices, and canned beverages. The global turmeric market is expected to reach a market valuation of a little more than US$ 5,650 Mn by the end of 2027, expanding at a CAGR of 5.5% over the forecast period. In terms of volume, the consumption of turmeric is estimated to be 1,049,490.5 MT by 2017 end, and is forecast to reach 1,696,519.8 MT by 2027 end, expanding at a CAGR of 4.9% during the forecast period.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
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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