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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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Jam, Jelly, Chutney, Pickles & Squashes - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Among preserved fruits, jam, jellies, pickles and squashes forms an important class of products. Apart from fruit juices, squashes are also used in the form of drinks. These are found as attractive items in the functions. Sauces, ketchup, jams and jellies are used with breads etc during snacks. Pickles and chutney are used along with other foods to make the lunch or dinner tasty. Market opportunities for the sale of these products are increasing with a considerable rate. The consumption of these products is increasing day by day and is expected increase in future also. The demand can be increased by proper advertisement and market management for each items. This industry possesses an excellent future and can allow new entrepreneurs to establish new unit for producing these product.
Plant capacity: 2500 Kgs/DayPlant & machinery: Rs. 25 Lakhs
Working capital: Rs. 87 LakhsT.C.I: Rs. 178 Lakhs
Return: 34.05%Break even: 59.15%
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Atta, Maida Suji & Wheat Bran (Wheat Flour Plant) Roller Flour Mill - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

In view of the tremendous demand of flour there is phenomenal scope of this industry.
Plant capacity: 15000 MT/annum Roller Flour Mill (Atta, Maida, Suji)Plant & machinery: Rs. 54 lacs
Working capital: Rs. 177 LacsT.C.I: Rs. 309 Lacs
Return: 34.46%Break even: N/A
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Bakery Industry - 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

Bakery is one of the oldest among the food processing activities. An estimated 78,000 bakeries operate in India. The production of bread is estimated at 11.5 lakhs tonnes and biscuits at 7.8 lakhs tonnes. In this sector 25-30 percent of production is from organized sector units. However, there are hardly 50-75 units including modern food, Britannia, Parle and kwality. There is lot of scope for introducing anti-diabetic bread or breads of high/low calories and so on. Fresh capacity creation is reserved for small scale units. There is need for more products like bread varieties with required taste, food values and products with higher shelf life.
Plant capacity: 1243.70 Kgs./DayPlant & machinery: Rs. 33 Lacs
Working capital: Rs. 22 LacsT.C.I: Rs. 74 Lacs
Return: 30.79%Break even: 56.12%
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Macaroni - 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

Macaroni is made from wheat flour, carbonic salt water, pure salt, soft water and other additives. The macaroni industry has been developed in Japan in 1962. How ever, if macaroni manufacturing unit installed in India, it can be exported to Japan U.K., USA., U.S.S.R., Canada, Germany and number of other countries. So this is a very lucrative unit for the new entrepreneur.
Plant capacity: 55517 Pkts/DayPlant & machinery: Rs. 131 lacs
Working capital: Rs. 125 LacsT.C.I: Rs. 350 Lacs
Return: 45.34%Break even: 50.99%
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Semi Processed Canned Vegetable -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

Vegetables such as peas, beans, carrot, tomato, asparagus, etc, are canned in large quantities in different parts of the world. In India, there is a good market for canned peas green as well as processed one. Carrot, cabbage, potato, cauliflower, tomato etc., are canned in the brine in their natural form or in curried style using spices, fat etc., as the covering liquid. The food processing industry sector in India is one of the largest in terms of production, consumption, export and growth prospects. The total processed food export was approx 14600 crores in 2002-03. The installed capacity of fruits & vegetable processing industry has been increasing steadily. The utilization of fruits & vegetables for processing in the organized & the unorganized sectors are expected to be around 2% of the total production.
Plant capacity: 3MT Peas Kernels/DayPlant & machinery: 26 Lakhs
Working capital: -T.C.I: 94 Lakhs
Return: 45.95%Break even: 65.54%
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Spice (Chilli) Oleoresin - 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

India is world?s largest producer and consumer of spices and chilli. A huge amount of spices is also exported all over the world. Oleoresins of spices consist of essential oils that impart aroma and resins that impart taste. supercritical technology is state of the art technology which can be applied to extract oleoresins from spices & chillis. The taste efficiency of oleoresin is more than 100%. that means extract from a chilli will impart more taste than the chilli itself. there is a very good demand of the product in domestic as well as international market, and the demand is expected to rise greatly in future.
Plant capacity: 50 Kg/DayPlant & machinery: Rs. 47.54 Lacs
Working capital: Rs. 72.54 LacsT.C.I: Rs. 100 Lacs
Return: 1.00%Break even: N/A
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Soyabean Nuggets (Automatic Plant)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Soyabean after processing by heat treatment or germination is consumed in the form of flour, milk, curd, other fermented products and soyabean nuggets. It is a protein enriched, ready-to-eat food made from defatted ground nut/soy flour and cereal/gram flour. It can be made on a small or tiny scale basis. Soyabean nuggets are becoming increasingly popular due to its high nutritive value and protein content. It is used in household, hotels and restaurants, lodging and boarding places, guest house, community places, hostels and cafeterias, airports etc. India exports tonnes of soyabean extract to China and the deoiled cake, a cattle feed, is exported to Far east . The soyabean processing industry is a lucrative industry with many units all over India. New entrepreneurs can invest in this industry as it has tremendous export potential and domestic demand too.
Plant capacity: 1 MT/DayPlant & machinery: Rs. 17 Lacs
Working capital: -T.C.I: Rs. 45 Lacs
Return: 26.87%Break even: 64.69%
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Fish Meal - 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

Fish Meal is a dry & easily stored product forming a valuable ingredient of the rations of farm animals, particularly young pigs & poultry. Production of fish meal is basically from white fish offal, chiefly heads back bones. For the production in some factories, pelagic fish such as herrings, sardines & pilchards are used. It is only necessary to dry & grind white fish, offal to obtain a satisfactory meal, but oily fish or fish waste must be treated to remove most of the oil before drying & grinding.
Plant capacity: 30 Ton/DayPlant & machinery: Rs. 11 Lakhs
Working capital: Rs. 144 LakhsT.C.I: Rs. 209 Lakhs
Return: 50.00%Break even: 32.00%
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Tuti Fruity from Papaya Fruit - 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

Papaya is second most nutritive food to Mango. Tuti fruity is made by impregnating fruits with flavour & taste along with attractive colour. It is useful in the preparation of other food items such as toppings. It provides attractiveness as well as nutritive value to many food items. Mostly used for toppings for breads, ice cream, fruit bar, pulao, cakes, pastries, custard shrikhand & fruit salads etc. Fresh papaya is washed and peeled, then pulping is done by mixing sugar so as to bring sweet taste. Heating is done. Citric acid, colours & preservatives are mixed. Dehydration is done. Big structure is cut into pickles and packed in pouches for selling.
Plant capacity: 100 Kg./DayPlant & machinery: Rs. 3 Lakhs
Working capital: Rs. 5 LakhsT.C.I: Rs. 14 Lakhs
Return: 24.00%Break even: 71.00%
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Custard Powder - 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 Economic

Custard powder owing to special delectable taste is generally preferred as a dessert after meal. The demand of this readymade dessert has gone up substantially in the etropolitan cities. Hence there is a good potential to develop this industry to meet the increasing demand.
Plant capacity: 500 Kgs./DayPlant & machinery: Rs. 4.00 Lacs
Working capital: -T.C.I: Rs. 21.00 Lacs
Return: 30.00%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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