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

Meghalaya is a state in north-east India. The name means "the abode of clouds" in Sanskrit. As of 2011, the state has a population of 2,964,007 and is the 23rd most populous in the country. The population of Meghalaya as of 2014 is estimated to be 3,211,474. Meghalaya covers an area of approximately 22,430 square kilometers, with a length to breadth ratio of about 3:1

Meghalaya is predominantly an agrarian economy. Agriculture and allied activities engage nearly two-thirds of the total work force in Meghalaya. However, the contribution of this sector to the State's NSDP is only about one-third. Agriculture in the state is characterized by low productivity and unsustainable farm practices. Despite the large percentage of population engaged in agriculture, the state imports food from other Indian states.


TOURISM

 Meghalaya has some of the thickest surviving forests in the country and therefore constitutes one of the most important ecotourism circuit’s in India. The Meghalaya subtropical forests support a vast variety of flora and fauna. Meghalaya has 2 National Parks and 3 Wildlife Sanctuaries.   Meghalaya also offers many adventure tourism opportunities in the form of mountaineering, rock climbing, and trekking and hiking, water sports etc. The state offers several trekking routes, some of which also afford an opportunity to encounter rare animals such as slow loris, assorted deer and bear. The Umiam Lake has a water sports complex with facilities such as rowboats, paddleboats, sailing boats, cruise-boats, water-scooters and speedboats. Tourism in India is a growing industry, and as per World Tourism Organization predictions, India will be a leader in using tourism as an employment generator. The State of Meghalaya must be placed in a strategic position to take advantage of this growth.

“MEGHALAYA TOURISM DEVELOPMENT CORPORATION” has been set up for developing and promotion of Tourism in Meghalaya. The Corporation shall make efforts to increase its revenue to enable to carry out promotional activities. MTDC will organize package tours not only to Cherrapunjee but to other tourist destinations; organize training for guides, etc.

INDUSTRIAL SECTOR

The New Industrial & Investment Promotion Policy is designed to facilitate investments in new sectors across the State and thus ensure accelerated and sustained growth. The Policy focuses to attract, facilitate and promote wider expectations and high end investment.

There is an urgent need to promote investment in backward and difficult but resource rich areas. Therefore the policy provides additional incentives and support for such investments.


OBJECTIVE OF THE POLICY

•        To promote investment in all sectors

•        Generate employment opportunities for the local people in the industries and allied sectors.

•        To provide special incentives for promoting local Entrepreneurs in setting up of micro, small & medium manufacturing and service enterprises.

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage.

•        Achieve a balanced and growth oriented development covering the entire state through promotion of village and small scale industries.

•        Encourage need based development of local entrepreneurial skills through intensive motivation and training programmes at District, Sub-division and Block levels.

•        Provide guidance to prospective entrepreneurs by building up a data bank of project-profiles and other connected information. Special support to local entrepreneurs will be provided, and monitoring will be done to enable them to be successful.

•        Simplify rules and procedures by providing a single-window clearance facility for all investment proposals as applicable.

•        Promote Tourism, and make Meghalaya a tourist destination.

•        Promote IT as industries.

•        Promote first generation entrepreneurs. Government will encourage setting up of Entrepreneurship Development Institute by private or in PPP mode.

SALIENT FEATURES OF THE INDUSTRIAL POLICY

•        State Government believes in promoting private enterprises for speedy economic development of the State. The Government also stands committed to ensuring the healthy growth of existing industries. For this purpose, Government will ensure optimum number of industries by not permitting excess in any specific sector, thereby ensuring sustainability of existing business.

•        Enterprises promoted and managed by “Woman Entrepreneur”/physically challenged will get additional 10 % (ten percent) incentives on the State Capital Investment Subsidy.

•        Meghalaya has a long international border which needs immediate attention for development. To address this issue, 10 Kms towards the State from the International border is declared as “PRIORITY AREA” and enterprises set up within the 10 Kms area will be given special incentives to be known as “Border Area Subsidy”.

•        Government of Meghalaya recognizes:

1.       Hotels (not below two star category) and Amusement Parks.

2.       Medical and health services in the nature of nursing homes with a minimum capacity of 25 beds and Super – Specialty Health Care.

3.       Vocational training Institutes.


INDUSTRIES IDENTIFIED AS THRUST AREAS

                    Agro Based Industries :

   Horticulture – Based Units

   Biotechnology Based Units

   Medicinal Plants, Tea and Rubber

                       Animal Husbandry and Meat Processing Industries

         Development of Mineral based Industries:

      Coal-Based Industries

     Limestone Based Industries- Cement Plants, Lime Plants,

                      Calcium Carbide   Plants.

                       Electronics & Information Technology

INCENTIVES FOR LARGE AND MEDIUM SCALE INDUSTRIES

•        For large and medium scale industries, there are subsidies like capital investment subsidy, interest subsidy, power subsidy, subsidy on cost of pollution/quality-control measures, special subsidy for pioneer units in backward areas etc.

•        Exemption from the payment of applicable service tax for seven years to a "Tourism Unit"

•        Sales Tax exemption on sale of finished products for a period of seven years from the date of commercial production.

•        Reimbursement of Central Sales Tax (CST) paid on purchase of Capital Equipment installed till the date of project commissioning.

•        Partial exemption for applicable stamp duty.

INVESTMENT POLICIES

Meghalaya Government has always endeavored to set up the right kind of business climate to motivate investments in the State. In order to attract investment to the various sectors and thus contribute to the development of the economy as a whole.

The major being the industrial policy, which had been announced with a view to take advantage of the liberalized economic scenario in the country and also to keep pace with development in the national industrial sector are-

•        Generate employment opportunities for the local people in the industries and allied sectors

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage. Create a conducive environment for industrial development by creation of the basic Infrastructural facilities and by setting up of industrial areas, growth centre and export promotion industrial park.

•        Provide preference to local Entrepreneurship in setting up of large, medium and small-scale units.

•        Promote local interests through joint ventures with external investors so as to facilitate technology transfer and capital flow by a package of suitable incentives.

•        Encourage setting up of export-oriented, Agro based, Mineral-based, Horticultural based and Electronic units as thrust area.

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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Lime Bonded Fly Ash Brick - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Lime bonded fly ash bricks are the product of thermal power waste base products. There is no sophisticated machinery used in this production. There is good demand of this product. As a whole the project is cost effective tiny and small scale industry with supporting of government fund. Few entrepreneur may enter into this field.
Plant capacity: 20000 Nos. Bricks/DayPlant & machinery: Rs. 12 Lakhs
Working capital: Rs. 1 CroreT.C.I: -
Return: 25.78%Break even: 44.16%
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Soyabean Meat - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Soyabean meat is a vegetable meat which has property like original meat. Soyabean is abundantly produced in Madhya Pradesh. Production of soyabean is about 6519000 tones in India. This is basically used for oil extraction. After oil extraction, the residue of soyabean available, 3300000 tones which has lot of industrial and commercial use. In India part of it used for the production of baby cereal food, cattle feed, soyabean nuggets or soya meat and other products. It is over all observed that market demand of soya meat is growing 10 - 15 % per annum. On that basis it can be concluded that any new entrepreneur may enter in this field will be fairly successful if he is able to produce quality product with competitive price.
Plant capacity: 2 MT/DayPlant & machinery: Rs. 17 Lakhs
Working capital: Rs. 41 LakhsT.C.I: Rs. 103 Lakhs
Return: 24.60%Break even: N/A
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Potato Chips/Wafers in Different Flavours - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Potato is widely consumed as food all over the world. Potato chips are basically used for snacks purposes. They are produced by rapid dehydration of potato slices by direct contact with hot oil. Its crispiness and special palatability makes it the favourite of people of all age groups. Different varieties of potatoes are usually used for chips. The market acceptance of potatoes chips it is necessary to make variety of chips by adding different types spices and flavour or by adding some nutritional coating on the chips, it may be sweetened, salty, pungent or any other developed acceptable variety. The production of chips and wafers of concentrated in household units and small units. There is good scope for new entrepreneurs, they may successful in this field provided manufacturing quality product with economic price. You can invest in this project.
Plant capacity: 2000 Kgs/DayPlant & machinery: Rs. 137 Lakhs
Working capital: Rs. 91 LakhsT.C.I: Rs. 271 Lakhs
Return: 39.21%Break even: 40.17%
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Atta Chakki Plant - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue,Plant Layout

Atta is one of the staple and basic food to Indians not only that it is basic food ingredients for all the men lives in the world. Atta is manufactured from wheat which is cultivated in the winter season or just before it. Through there is development of tissue culture base seeds which can be cultivated throughout the year. Ata (wheat flour) is basically used for preparation of chappati for the human basic needs of food in every classes of people. It is also used for the preparation of adhesives. It is directly use for human consumption. There is few organised sector comes appear for manufacturing atta from wheat for human consumption. There is gradual demand increase day by day of 5-10 kg packs. There is atta available as loose form to meet up the demand. Demand of atta will be increase each year will be 10%. There is extreme scope of hygienic quality based packed atta. It is required to hardness the rural market which is totally demand now.
Plant capacity: 100 MT/DayPlant & machinery: -
Working capital: -T.C.I: -
Return: 0.01%Break even: N/A
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Spices in Pouch Packing - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Manufacturing of masalas basically can be in tiny scale and at the most may be in small scale. Spices and spice derivatives are predominantly used in the processing of meat. Vegetable products, bakery and other prepared food items. On account of the valuable spices in food and other industries the world demand for spice and spices derivative are increasing steadily. The spices exported from India include pepper, cardamom, chillies, ginger, turmeric, curry powder etc. and are mostly exported to East European countries. There is no doubt to have a good market for a item like masala (spices), which is a consumer item. The entrepreneur may come in this project.
Plant capacity: 600 kgs./DayPlant & machinery: Rs. 11 Lacs
Working capital: Rs. 18 LacsT.C.I: Rs. 41 Lacs
Return: 46.73%Break even: 44.64%
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Baby Cereal Food - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Layout

Food is mainly composed of three main groups of constituents i.e. carbohydrates, fat & protein. In addition to this there must be some inorganic minerals & organic substances e.g. vitamins, Iron, Mg etc. The body cereal foods is that enriched food which has a requisite level of nutrition. This requisite level is prescribed by various dieticians and physicians for children. Various experts fixed a definite calorific value for infant food and based on this the various mixtures or formulae of food are developed. These formulae of infant food contains essential amino-acids, fats, proteins, vitamins & other essential mineral etc. which is necessary for the normal growth of child. The new entrepreneur may enter in this field with conscious about quality and better market strategy since there is competition over the food production. It can be full filled by new entrepreneur.
Plant capacity: 5.0 Tons/DayPlant & machinery: Rs. 17.00 Lacs
Working capital: Rs. 208.00 LacsT.C.I: Rs. 280.00 Lacs
Return: 48.63%Break even: 35.97%
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Ice Cream of Different Flavours - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities,Cost and Revenue

Ice cream is defined as a frozen dairy product made by suitable blending and processing of cream and other milk products together with sugar, flavour, stabilizer and incorporation of air by agitating during the freezing process. Today ice cream may be considered a luxury food item although its popularity is increasing rapidly. Ice cream is consumed more in cities, However occasionally, particularly in meetings and social gatherings, it is being used even in villages and towns. The consumption of ice cream is likely to increase in future. There is good for new investment. Any new entrepreneur can venture in this field.
Plant capacity: 1000 Kgs/DayPlant & machinery: Rs. 13 Lakhs
Working capital: -T.C.I: Rs. 98 Lakhs
Return: 58.78%Break even: 31.65%
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Canning of Fruits (Pine Apples slices, Litchee, Cherries, Straw berries in syrup)-Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials

The present level of annual production of fruits in India is about 60 million tones. Hardly 20% of the fruits produced in the country are used for processing for their consumption in the off season as also for export. Hence there is a vast potential of this industry to develop which will go a long way to improve the national economy.
Plant capacity: 5000 Cans/dayPlant & machinery: Rs. 32.00 Lacs
Working capital: -T.C.I: Cost of Project : Rs. 100.00 Lacs
Return: 59.00%Break even: N/A
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Vegetable Margarine Processing - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Margarine is one of the vegetable products of almost butter substitute. It is generally manufactured from vegetable oil by specially treatment over the raw materials. The market demand gradually increases which is fulfilled by the local manufacturer. There are few organised sectors and few private sectors are engaged in the production of margarine. There is also import of margarine as well as export of margarine. As a whole margarine projects is good one, its demand will be increase in future.
Plant capacity: 600 MT/AnnumPlant & machinery: Rs. 29 Lakhs
Working capital: -T.C.I: Rs. 84 Lakhs
Return: 17.30%Break even: 82.81%
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Fruits and Vegetable Dehydration by Osmo dehydration Process -Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study,Plant Layout

Fruits and vegetables are preserved for a long time by reducing its moisture content. There are various ways of reducing the various moisture content, but here we have discussed osmo dehydration process, which is more economic and beneficial to processors. This technology is not well established in India. There is very good domestic and export market for the dehydrated fruits and vegetables. Dehydrated fruits and vegetables had good export market in Middle East, Russia and part of European countries. As a whole there is a good prospects for new entrepreneurs who want to venture into this field.
Plant capacity: 1 TPD Dried Grapes 10 TPD Dried PotatoesPlant & machinery: Rs. 112 Lakhs
Working capital: -T.C.I: Project Cost : Rs. 321 Lakhs
Return: 42.52%Break even: 73.89%
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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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