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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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Spices - 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

Spices industry has been a trup card in the hands of India since centuries. It was spice trading which encouraged East India Company to come to India and it is the spice trade which is now making India?s export trade grow every year. Spices industry consist of spice growers, bulk traders, spice processors, packing unit, trade channel/retailers finally catering to the consumers or exporting to channels or consumers abroad. The market is vast like ocean and hence the scope for many new units exists, although, the new units will have competition from both branded as well as unbranded sector. There is good scope for new entrepreneurs.
Plant capacity: 4.5 MT/DayPlant & machinery: Rs. 43 Lakhs
Working capital: Rs. 102.0 LakhsT.C.I: Rs. 272 Lakhs
Return: 88.73%Break even: 25.87%
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Chicken/Mutton (Sheep Meat) Processing - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Meat is a good source of high quality and readily digestable proteins, fats, phosphorus, iron and Vitamins. Livestock and poultry are the main sources of meat and meat poducts Poultry industry has emerged as an important supplementary occupations of the farming community. The product has a very good market potential and its demand is increasing rapidly and is expected to be multifold in the near future.
Plant capacity: -Plant & machinery: Rs. 14 Lakhs
Working capital: -T.C.I: Rs. 153 Lakhs
Return: 62.72%Break even: N/A
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Flour Milling - 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

Wheat is one of the cheapest and most nutritious crop. It is widely grown all over the world and is produced in abundance, That is why it is used as staple food in most parts of India and the world. Clean, dry grains have to be milled to flour before further processing and consumption. Wheat flour is not only consumed for purposes at domestic level, but also finds use in bakery industry, confectionery, adhesives, fast foods, hotels, restaurants etc. in bulk. One of the great features about the flour is that its demand has to be directly proportional to the population growth.
Plant capacity: 100 Ton/Day WheatPlant & machinery: Rs. 92 Lacs
Working capital: Rs. 466 LacsT.C.I: Rs. 727 Lacs
Return: 25.58%Break even: N/A
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Ethanol as Biofuel - 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

Ethanol has been known as fuel for many decades. Production of ethanol in the world is increasing very rapidly and has grown. There is a vast scope to use it as Automobile fuel. There is proposal come from the government agencies as well as from the public agencies also. This is good project provided with sound cost effective technology.
Plant capacity: 100000Ltrs./DayPlant & machinery: Rs. 50 Crores
Working capital: Rs. 11 CroresT.C.I: Rs. 68 Crores
Return: 13.08%Break even: 77.17%
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Bio-fertilizer from Birds Excreta - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Plant Layout

Bio-fertilizer is a product which is largely used now a days in various crops cultivation. There is large demand increases day by day due to replacement of the synthetic fertilizer. Bio-fertilizer can be produced by fermentation process or by using synthetic natural composting process. Bird?s excreta is the source of bacteria which can use for making bio-fertilizer. Collection of bird?s excreta is one of the most important works. There is good marketing scope of birds excreta base bio-fertilizer. There is a good project but it will be successful only when there is an other bio-fertilizer along with it. The new entrepreneur can come in this field.
Plant capacity: 5.0 MT/DayPlant & machinery: Rs. 20.0 Lakhs
Working capital: Rs. 19 LakhsT.C.I: Rs. 103 Lakhs
Return: 39.79%Break even: 52.84%
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Yeast from Molasses - 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

There are two types of yeast as compressed yeast. It is convenient to use dry yeast powder for bakeries its handling is simple and its preservation easy. Dry yeast which can be contained in the form of pillets or flakes in packets or tins. The utilization of yeast is for food, agriculture and industrial purpose. Dry yeast powder finds it extensive use in making foods. There is very good demand in winter season. There is market supply and demand gap is raising day by day. Demand of yeast market starts from the months of September to march. Due to its large consumption it provide bright future as well as good scope for new investment.
Plant capacity: 5.00 MT/DayPlant & machinery: Rs. 137 Lakhs
Working capital: Rs. 71 LakhsT.C.I: Rs. 284 Lakhs
Return: 62.94%Break even: 63.51%
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Vermiculite - 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

Vermiculite is compound of hydrated magnesium iron aluminium silicate. It is rarely available in India. Say almost nil. It is naturally available in the country of Montana, California, South Carolina, Wyoming, Colorado and South Africa. There is very rare cases of environmental pollution which can be controlled easily. Demand of the product gradually increases. Any entrepreneur may enter in this field and obtain success.
Plant capacity: 5 MT Vermiculite/DayPlant & machinery: Rs. 28 Lakhs
Working capital: Rs. 20 LakhsT.C.I: Rs. 150 Lakhs
Return: 65.00%Break even: 53.00%
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N-Acetyl Glucosamine through Chitin Biotechnically - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunity

N-acetyl glucosamine is manufactured from chitin by enzymatic treatment of chitin. It is used for development of various biotechnology base products, pharmaceutical industries for the manufacture of different value added pharmaceutical products. There is no organized manufacturers in India. Mostly users industries are importing from China and European countries. There is partly export from India to Middle East and Russia. According to import data available it can be concluded that there is good scope for new entrepreneurs.
Plant capacity: 500 Kgs/DayPlant & machinery: Rs. 60 Lakhs
Working capital: Rs. 123.00 LakhsT.C.I: Rs. 236 Lakhs
Return: 60.41%Break even: 37.89%
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Biofertilizer from Birds Excreta - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost & Revenue

Bio-fertilizer is a product which is largely used now a days in various crops cultivation. There is large demand increases day by day due to replacement of the synthetic fertilizer. Bio-fertilizer can be produced by fermentation process or by using synthetic natural composting process. Birds excreta is the source of bacteria which can use for making bio-fertilizer. Collection of birds excreta is one of the most important work. There is good marketing scope of birds excreta base bio-fertilizer. There is a good project but it will be successful only when there is an other bio-fertilizer along with it. The new entrepreneur can come in this field.
Plant capacity: 5.0 MT/DayPlant & machinery: Rs. 20.0 Lakhs
Working capital: Rs. 19 LakhsT.C.I: Rs. 103 Lakhs
Return: 39.79%Break even: 52.84%
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Vermicompost - 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

Vermicompost is a newly developed compost fertilizer which can be used largely instead of inorganic as well as organic fertilizer. The production of vermicompost involves breeding of earth worms in a mixture of cow dung, soil and agriculture residue till the whole mass is converted into cast. This cast is then collected to give the vermicompost. With an eye to all benefits, increasing attention is being focused on breeding of earth worm (vermiculture) and their subsequent use in preparation of manure called Vermicompost. There are few organized sectors and few state government as well as central government, some of private organization also manufactured vermicompost. There is requirement of good advertisement and consciousness towards farmers to the good effect over the existing fertilizer to make popularity of the vermicompost. The demand will be double or triple in near future. There is good scope for new entrepreneurs.
Plant capacity: 5.0 MT/DayPlant & machinery: Rs. 8.0 Lacs
Working capital: Rs. 10 LacsT.C.I: Rs. 55 Lacs
Return: 48.19%Break even: 42.53%
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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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