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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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N-Paraffin

Normal paraffins (n-paraffins) are linear, aliphatic hydrocarbons of C9-C17 chain lengths that are usually separated from kerosene or gas oil fractions of crude oil using molecular sieves. High levels of midrange n-paraffins, suitable for producing linear alkylbenzene (LAB), are produced at a gas-to-liquids. Paraffin is a mixture of hydrocarbons; it usually consists of about 10 different hydrocarbons, each containing from 10 to 16 carbon atoms per molecule; the constituents include n-dodecane, alkyl benzenes, and naphthalene and its derivatives. Paraffins are also called alkanes and have the general formula of CnH2n+2, where n is the number of carbon atoms in a given molecule. Paraffins are divided into two groups of normal and isoparaffins. Normal paraffins or normal alkanes are simply written as n-paraffins or n-alkanes, and they are open, straight-chain saturated hydrocarbons. Paraffin is used in cosmetics and personal care products to thicken formulations. With emollient and protective qualities, they provide stability to skincare and cosmetics and boost their viscosity and consistency. The personal care industry accounted for a healthy share of the global paraffin market, in 2017. Global demand of N-Paraffin is anticipated to reach 3.7 Million MT by end of 2021 mainly driven by the demand from LAB market. Though N-Paraffin demand is anticipated to grow at a CAGR of 1.6% Y-o-Y until 2018, industry has to operate at 92-94% to meet the global demand until 2020.
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Return: 1.00%Break even: N/A
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Buttons from Hooves & Horns

Button is a small fastener, now most commonly made of plastic, but also frequently made of metal, wood or seashell, which secures two pieces of fabric together. In archaeology, a button can be a significant artifact. In the applied arts and in craft, a button can be an example of folk art, studio craft, or even a miniature work of art. In archaeology, a button can be a significant artifact. Textile industries is the major client of button manufacturing business.
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Return: 1.00%Break even: N/A
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Spark Plug

Spark plug is a device for delivering electric current from an ignition system to the combustion chamber of a spark-ignition engine to ignite the compressed fuel/air mixture by an electric spark, while containing combustion pressure within the engine. A spark plug has a metal threaded shell, electrically isolated from a central electrode by a porcelain insulator. The central electrode, which may contain a resistor, is connected by a heavily insulated wire to the output terminal of an ignition coil or magneto. The spark plug is a seemingly simple device, although it is tasked with a couple of different but critical jobs. Global spark plug market is expected to reach $2,904 million by 2022, growing at a CAGR of 4.2% during the forecast period 2014 - 2022. Spark plug is an electrical device threaded into the cylinder of spark ignition engine, which produces spark at the required time to ignite the combustible air-fuel mixture in the cylinder bore. The device comprises shell, resistance, electrodes, and insulator. During the engine operation, when high tension current flows through the center electrodes, it ionizes the gas present between the electrode gaps, producing spark. A spark plug or a sparking plug is used to deliver electric current during the combustion process to produce spark. It has a metal threaded shell and finds its usage in numerous applications such as furnaces, marine, ignition and outdoor applications among others. It is an electrical device threaded into the cylinder of spark ignition engine. Spark Plug market stood is forecast to exhibiting a CAGR of more than 11% over the next five years. Growing automobile production and sales coupled with increasing preference for dual-fuel option passenger cars and various ongoing and upcoming technological advancements are expected to boost the sales of automotive spark plugs in India over the coming years. Spark Plugs are the device to transfer the electric current from ignition system to combustion chamber of a vehicle. Stringent regulations & norms by government regarding emissions & fuel efficiency and growth of automotive industries are driving the market for spark plugs.
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Return: 1.00%Break even: N/A
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Acrylic Mirror

Acrylic Mirror is a lightweight, reflective thermoplastic sheet material used to enhance the look and safety of displays, POP, signage, and a variety of fabricated parts. Acrylic mirror is ideal for retail, food, advertising, and security applications. Acrylic mirrors are often used in place of glass because they are much stronger and don’t shatter like glass. Acrylic is also lighter, so carrying it and hanging it on a wall is easier.
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Return: 1.00%Break even: N/A
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4, 4, Diamino Stilbene 2-2-Di-Sulphonic Acid

4, 4?-Diamino-2, 2?-stilbenedisulfonic acid is the organic compound with the formula (H2NC6H3SO3H) 2C2H2. It is a white water-soluble solid. Structurally, it is a derivative of trans-stilbene, containing amino and sulfonic acid functional groups on each of the two phenyl rings. The compound is a popular optical brightener for use in laundry detergents. It is produced by reduction of 4, 4?-dinitro-2, 2?-stilbenedisulfonic acid with iron powder.
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Return: 1.00%Break even: N/A
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Khaini (Chewing Tobacco)

Khaini is a type of smokeless tobacco product consumed by placing a portion of the tobacco between the cheek and gum or upper lip teeth and chewing. Unlike dipping tobacco, it is not ground and must be manually crushed with the teeth to release flavour and nicotine. Chewing tobacco is typically manufactured as several varieties of product – most often as loose leaf (or scrap), pellets (tobacco "bites" or "bits"), and "plug" (a form of loose leaf tobacco condensed with a binding sweetener). Khaini is sometimes known as spitting tobacco. It is available in two forms, snuff and chewing tobacco. Snuff and chewing tobacco are commonly available in tins or pouches; popular brand names include Skoal and Copenhagen. Chewing tobacco holds significant market share due to easy availability and lower cost as compared to cigarettes. Growing demand of chewing tobacco, majorly among the low-income community of consumers is also influencing the market growth. Popularity of consumption of smokeless tobacco among the daily wage workers, is projected to be high due to the low cost and high production capacity of tobacco in the developing country.
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Return: 1.00%Break even: N/A
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Wheat Puff (Puffed Wheat)

Puffed Wheat is a healthy cereal relished as a peppery and healthy snack. Puffed wheat is a type of puffed grain made from wheat; usually made by heating wheat kernels under high pressure in the presence of steam, though the method of manufacture varies widely. It is often used in snack foods and breakfast. Modern puffed grains are often created using high temperature, pressure, or extrusion. Puffed wheat Cereal is one of the very purest cereal products and is readily available at any grocery store.
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Dough Moulded Compound

Dough moulding compound (DMC) is an uncured dough-like thermoset compound used to make glass reinforced plastic (GRP) products. It is formed into products by compression moulding. Compression moulding involves placing a measured amount of DMC into a heated mould, then forcing it into the mould cavities using a heated plug. The heated plug and mould softens the DMC and allows it to flow into the mould cavities. After a few seconds, heat from the plug and mould begins to cure the DMC, which solidifies and hardens. Dough Molding Compound (DMC) is offered as a dough or extrudate for small but highly intricate moldings. Meant for electrical switchgear and other non-structural applications. Indigenously manufactured machinery combined with knowledge from Menzolit enable the production of high quality DMC. These molding compounds are reactive molding materials made primarily of Unsaturated Polyester Resin, Glass Fiber and Fillers. They form into solid components of desired sizes, shapes and properties on application of heat and pressure in a matched die mold. Different techniques include compression and injection molding.
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Refining of used Lubricating Oil

Lubricating oil, sometimes simply called lubricant/lube, is a class of oils used to reduce the friction, heat, and wear between mechanical components that are in contact with each other. Lubricating oil is used in motorized vehicles, where it is known specifically as motor oil and transmission fluid. Lubricating oil is an oily substance that is used to cover or treat machinery so as to lessen friction. They are otherwise called lubricants. Lubricating oils are essential in any use of machinery that leads to friction between mechanical parts. The industrial sector and the automotive sector are the two key consumers of lubricating oils and employ them in a variety of applications such as industrial gearboxes, internal combustion engines, turbines, and others. Lubricating oils perform the important role of curbing the temperature of the machinery during operation, but the long-term importance of lubricating oils goes beyond the maintenance of the machinery itself.
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Return: 1.00%Break even: N/A
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Investment Casting (Lost-Wax Casting, Metal-Forming)

Investment casting is an industrial process based on lost-wax casting, one of the oldest known metal-forming techniques. The term "lost-wax casting" can also refer to modern investment casting processes. Investment casting has been used in various forms for the last 5,000 years. In its earliest forms, beeswax was used to form patterns necessary for the casting process. Today, more advanced waxes, refractory materials and specialist alloys are typically used for making patterns. The global investment castings market is estimated to grow at an accelerated rate owing to its applications in a wide range of end-use industries. Investment casting process is also known as the lost wax method. Its advantages such as less material requirement, smooth surfaces, complex geometries, and cost-savings have sustained its market over centuries. The demand within the global market for investment calling has been expanding on account of the need for metallic devices and objects across several industries. Investment casting is amongst the oldest techniques for the manufacture of well-defined and properly shaped metallic objects, and this technique is also known as lost-wax casting. The investment casting market is moderately concentrated, owing to the presence of small and large vendors worldwide. Competition in the market is intense, and the market is characterized by the need for precise and reliable investment cast parts.
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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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