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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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Paper Cups, Plates and Boxes

Paper cups and glasses are made in a variety of sizes and shapes according to the amount of material to be filled. They are designed and processed in many ways.Wax coated paper cups are used cold foods and drink. Simple paper cups are used for hot food and Drinks, prepared meat, vegetable and quick frozen food. Disposable paper platesare conveniently used for serving eatables during family functions, eating chats and snacks, fruits, sweets etc.The paper plates and bowls are made by fusing two layers of good quality paper with a sheet of polythene. The product can be in any desired shape and size depending upon the die employed for manufacture. Corrugated boxes and solid fibre containers are extensively being used in place of wooden boxes. The lower cost, lightweight and superiority over other packaging have been the key to the remarkable growth of fibre boxes.With increasing levels of organized retail and marketing of consumer goods in India, the packaging industry is shifting towards higher end packaging materials.Carton box mostly used in pharmaceuticals companies, health and beauty products, processed food product and many more items.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Adorn Enterprises Ltd. • Astron Packaging Pvt. Ltd. • Brown Kraft Inds. Ltd. • Grand Packaging India Pvt. Ltd • Superior Industrial Enterprises Ltd. • Wadpack Pvt. Ltd. • Universal Enterprises Ltd.
Plant capacity: Paper Cups: 18,720,00 Pcs/annum Paper Plates: 21,600,000 Pcs/annum Corrugated Boxes: 1,800,000 Pcs/annumPlant & machinery: Rs 46 lakhs
Working capital: -T.C.I: Cost of Project: Rs 292 lakhs
Return: 30.00%Break even: 52.00%
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Micronutrients Fertilizer

Micronutrients are elements which are essential for plant growth, but are required in much smaller amounts than those of the primary nutrients; nitrogen, phosphorus and potassium. The micronutrients are boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), zinc (Zn), and chloride (Cl). Deficiencies of micronutrients have been increasing in some crops. Some reasons are higher crop yields which increase plant nutrient demands, use of high analyses NPK fertilizers containing lower quantities of micronutrient contaminants, and decreased use of farmyard manure on many agricultural soils. Micronutrient deficiencies have been verified in many soils through increased use of soil testing and plant analyses. Agricultural micronutrients have become a fundamental input in agriculture production and leading the industry to achieve its transformation in line with the changing demand from growers as well as to replenish the increasing demand for food with the increasing population worldwide. The agricultural micronutrients market growth has increased progressively because of increased global micronutrient deficiency in soil and shrinkage in the world’s agricultural land.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • AbellonAgrisciences Ltd. • Agro Extracts Ltd. • Champion Agro Ltd. • Good Value Mktg. Co. Ltd. • Jupiter Biotech Ltd. • Jutlibari Tea Co. Ltd. • Krishna Industrial Corpn. Ltd.
Plant capacity: Micronutrient Fertilizer for Fruits: 187,500 Kgs/annum Micronutrient Fertilizer for Vegetables: 112,500 Kgs/annumPlant & machinery: Rs 23 lakhs
Working capital: -T.C.I: Cost of Project: Rs 114 lakhs
Return: 26.00%Break even: 76.00%
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Sweat Free and Antibacterial Socks

A sock is an item of clothing worn on the feet and often covering the ankle or some part of the calf. The foot is among the heaviest producers of sweat in the body, as it can produce over 0.12 l of perspiration per day; socks help to absorb this sweat and draw it to areas where air can evaporate the perspiration. Socks can be created from a wide variety of materials such as, cotton, wool, nylon, acrylic, polyester, olefins, (such as polypropylene), or spandex. To get an increased level of softness other materials that might be used during the process can be silk, bamboo, linen, cashmere, or mohair. The global socks market was valued at USD 5.6 billion in last year, expected to increase at a CAGR of 8.5% in coming year.The lower share of the socks market in the backdrop of the apparel industry can be attributed to low volume and large percentage of the market being unorganized. 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.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • A O V Clever Knits Pvt. Ltd. • BooruguKnitts Ltd. • Filatex Fashions Ltd. • Global Knitfab Ltd. • Goldwon Textiles Ltd. • H-Lon Hosiery Ltd. • Imperial Garments Ltd. • Moza Hosier
Plant capacity: Sweat Free &Anitbacterial Socks:450,000 Pairs/annumPlant & machinery: Rs 42 lakhs
Working capital: -T.C.I: Cost of Project: Rs 161 lakhs
Return: 27.00%Break even: 66.00%
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Button Mushroom Cultivation

Button Mushroom is the most popular mushroom variety grown and consumed the world over. In India, its production earlier was limited to the winter season, but with technology development, these are produced almost throughout the year in small, medium and large farms, adopting different levels of technology. In the last ten years, large numbers of commercials units have been built by the entrepreneurs/ farmers throughout the country for the production of button mushrooms. However, commercial production of white button mushroom was initiated in the hilly regions of the country (17- 18°C) like Chail (Himachal Pradesh) Kashmir and Ooty (Tamil Nadu).The white button mushroom (Agaricusbisporus) is grown on compost based on various agricultural wastes and animal manure. White button mushrooms are grown all over the world and account for 35-45 % of the total mushroom production. In India, large units with production capacities between 2000 – 3000 tonnes/annum, have been set up mainly as export oriented units in the southern, western and northern regions. A large number of small units without climatic control equipment exist throughout India and function during the autumn and winter months only.As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • A S R Agro Ltd. • Agro Dutch Inds. Ltd. • Classic Mushrooms Ltd. • Flex Foods Ltd. • Himalya International Ltd. • Indo Britain Agro Farms Ltd. • Saptarishi Agro Inds. Ltd. • Tarai Foods Ltd.
Plant capacity: 150,000Kgs/annumPlant & machinery: Rs 86 lakhs
Working capital: -T.C.I: Cost of Project : Rs 164 lakhs
Return: 1.00%Break even: 1.00%
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Sanitary Napkins (Low Cost Project)

The Sanitary napkin industry is closely connected with the mode of life, which is in turn directly correlated to housing. Accordingly this industry has always grown by keeping space with improvement in living and it is new indispensable for sanitary in modern housing. Sanitary napkin, a universally needed product, has very low penetration in India and other developing countries, partly due to its high price and partly due to the tradition of using cheaper but unhygienic old cloth piece. As a result they become the host of many infectious diseases. Sanitary Napkins are exclusively used by adult girls & Ladies around the world during their menstrual periods as a means of maintaining physical aid & to avoid wetting or staining of the clothes. India’s sanitary napkin market has significant profit potential. The demand for such products is stable; purchases are recurring and not subject to normal business cycles. Historically, the price of feminine hygiene products have been relatively expensive, but that is changing as small and large businesses enter the market and make an accessible, lower-priced offering to a wider consumer base.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • Carewell Hygiene Products Ltd. • Godrej Hygiene Products Ltd. • Gufic Biosciences Ltd. • H L LLifecare Ltd. • Johnson & Johnson Pvt. Ltd. • Kimberly Clark Lever Pvt. Ltd. • Procter & Gamble Hygiene & Health Care Ltd.
Plant capacity: 750,000 Pcs/annumPlant & machinery: Rs 4 lakhs
Working capital: -T.C.I: Cost of Project : Rs 8lakhs
Return: 23.00%Break even: 68.00%
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Spices (Masala)

Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine.They impart aroma, color and taste to food preparations. The volatile oils from spices give the aroma and the oleoresins impart the taste. India is the largest producer, consumer and exporter of spices and spice products in the world and produces more than 50 spices. India is also a big exporter of Chilli, turmeric, cumin, pepper and many other spices.There are a number of masalas with various ingredients. Increasing urbanisation paired with a rise in number of working women has reduced the time of cooking. Consequently, home-makers have started demanding readymade spice mixes such as sabzi masala, garam masala, chicken masala etc. This has augmented industry revenues, officials said, as both spice mixes and branded spices entail greater profit margins, as compared to straight and unbranded spices.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • A D F Foods Ltd. • Aachi Masala Food'S Pvt. Ltd. • AkayFlavours& Aromatics Pvt. Ltd. • Catch Foods (India) Ltd. • Kitchen Xpress Overseas Ltd. • Kohinoor Foods Ltd. • M T R Foods Pvt. Ltd. • Sunrise Foods Pvt. Ltd. • Paras Spices Pvt. Ltd.
Plant capacity: Chole Masala: 400,00Kgs/annum Sambhar Masala: 400,00Kgs/annum Garm Masala: 400,00Kgs/annum Chat Masala: 400,00Kgs/annum Meat Masala: 400,00Kgs/annum Curry Powder: 400,00Kgs/annumPlant & machinery: Rs 90 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1431 lakhs
Return: 28.00%Break even: 36.00%
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Ladies under Garments

Hosiery industry is an ancient industry in the field of textile industry having very good potential in domestic market and also in the export market. Ludhiana in the state of Punjab is one of the largest and oldest centres of Hosiery industry in India. Lingerie has been an intimate part of a woman’s life since long. They are considered as an important garment among females for properly supporting and covering their sensitive body parts, it keeps them fit for daily general works. The market was highly fragmented and was dominated by local and unorganized brands. Between 2000 and 2008, premium international brands started foraying into the Indian market. Indian brands showcased new designs and styles to woo the new age Indian women. The focus was mainly on the width of the product range. Men’s and women’s innerwear began to be sold through a variety of retail formats such as EBOs, LFS and departmental stores. India's lingerie market is currently valued at $3 billion. A mere 1% of it is online. In the next few years the market value is projected to jump to $5 billion. As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Adidas India Pvt. Ltd • Bhandari Apparels Ltd. • Bodycare International Ltd. • Lovable Lingerie Ltd. • Nike India Pvt. Ltd. • Puma Sports India Pvt. Ltd. • Stallion Garments Export Ltd. • Women'S Next Loungeries Ltd.
Plant capacity: Bra:450,000 Pcs/annum Panties:450,000 Pcs/annumPlant & machinery: Rs 121 lakhs
Working capital: -T.C.I: Cost of Project : Rs 270 lakhs
Return: 28.00%Break even: 56.00%
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Hydroponic Green House Farming

Hydroponics is a system of agriculture that utilizes nutrient-laden water rather than soil for plant nourishment. The re-use of nutrient water supplies makes process-induced eutrophication (excessive plant growth due to overabundant nutrients) and general pollution of land and water unlikely, since runoff in weather-independent facilities is not a concern. Aeroponic and hydroponic systems do not require pesticides, require less water and space than traditional agricultural systems, and may be stacked (if outfitted with led lighting) in order to limit space use (vertical farming). This makes them optimal for use in cities, where space is particularly limited and populations are high-self-sustaining city-based food systems mean a reduced strain on distant farms, the reduction of habitat intrusions, fewer food miles, and fewer carbon emissions. Boosted by rising consumer demand owing to better health awareness and purchasing power, production of fruits and vegetables across India has increased this year with their total yield surpassing the production of food grains.India is also a prominent exporter of Fresh Vegetables in the world. The country has exported 6,99,600.34 MT of Fresh Vegetables other than Onion to the world for the worth of Rs. 2119.50 crores during the year 2015-16.India grows the largest number of vegetables from temperate to humid tropics and from sea-level to snowline. Thus, as an entrepreneur this project offers an exciting opportunity to you.
Plant capacity: Tomatoes: 800 MT/annum Peas: 36 MT/annum Cucumber: 56 MT/annum Beans: 80 MT/annumPlant & machinery: Rs 23 lakhs
Working capital: -T.C.I: Cost of Project : Rs 489 lakhs
Return: 1.00%Break even: 1.00%
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Bricks from Fly Ash

Fly Ash brick is a product of basic cement clinker materials i.e. fly ash, stone dust/sand, lime, gypsum and bonding agent. The mix is so ideally worked out to produce bricks of higher strength with consistency as well as uniformity. The manufacturing process is fully automatic with state of art technology. Though a new age product introduced in the market, Fly Ash bricks are very well accepted by the organized sectors in heavy industries, high rise buildings, large townships, colonies, etc. because of unique features and merits.The Fly Ash Bricks are promoted as an alternative to burnt clay bricks within the construction sector in India. Fly Ash Bricks are durable, have Low water absorption, less consumption of mortar, Economical & eco-friendly, Low energy consumption and No emission of green house gases. These bricks are not affected by environmental conditions and remain static thus ensuring longer life of the building. Fly-ash bricks have a bright future in the country in the form of increasing number of takers and brick making plant providers who are offering machines equipped with technology and quality.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Hind Infradevelopers India Pvt. Ltd. • Rana Infra Projects (P) Ltd. • Saisha Infra Projects Limited • Khanak Blocks & Bricks
Plant capacity: Fly Ash Bricks: 24,000,000 Pcs/annumPlant & machinery: Rs 152 lakhs
Working capital: -T.C.I: Cost of Project: Rs 336lakhs
Return: 28.00%Break even: 46.00%
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Soft Gelatin Capsules

Soft gelatin (also called softgel or soft elastic) capsules consist of one piece hermetically-sealed soft shells. Soft gelatin capsules are prepared by adding a plasticizer, such as glycerin or polyhydric alcohol (e.g., sorbitol), to gelatin. The plasticizer makes gelatin elastic. Soft gelatin capsules come in various shapes such as spherical, elliptical, oblong, and special tube shapes with and without twist off. They can contain non-aqueous liquids, suspensions, pasty materials, or dry powders. The term soft gelatin capsules is commonly abbreviated to 'softgels'.Soft gelatin capsules has an advantages over hard gelatin capsules is to make a liquid formulation containing the drug in a one-piece outer gelatin shell. The demand of the soft gel capsules is increasing due to the available customization facilities for the molds and content as per customer needs. The soft gel capsules have many application areas out of which pharmaceutical, cosmetics and health supplements contribute the major shares to the growth of the global soft gel capsules market.The Global Softgel Capsules Market is poised to grow at a CAGR of around 5.4% over the next decade to reach approximately $316.6 billion by 2025.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • C J Gelatine Products Ltd • Fortcaps Healthcare Ltd. • Healthcaps India Ltd. • India Gelatine& Chemicals Ltd. • K P Gelatines& Chemicals India Ltd. • Narmada Gelatines Ltd. • Rama Industries Ltd. • Sterling Biotech Ltd.
Plant capacity: 1,800,000 Th.Nos./annumPlant & machinery: Rs 261 lakhs
Working capital: -T.C.I: Cost of Project: Rs 478lakhs
Return: 27.00%Break even: 57.00%
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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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