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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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Button Mushroom Cultivation

Button mushroom (Agaricus bisporus) is the most popular variety, fetches high price, still dominating the Indian and International market. It contributes about 90 per cent of total country’s production as against its global share of about 40 per cent. The white button mushroom (Agaricus bisporus) is grown on compost based on various agricultural wastes and animal manure. The composting process is a high temperature self sustained fermentation, which results in partial break down of lignin and cellulose. It fixes unstable forms of nitrogen into stable complexes, favour rapid increase in microbial population (fungi, bacteria, actinomycetes and yeasts) and eliminates harmful pathogens, competitors and pests. This process results in formation of highly selective substrate compost for the growth of mushroom mycelium. The classic “short method of composting” by Sinden and Huuser (1953) was turning point in making compost more efficiently and in shorter duration. This is completed in two parts (i) out door (ii) indoor pasteurization. white button mushrooms or commercial mushrooms, they are available year-round and are used in soups, salads, casseroles or eaten raw. The current Indian scenario is quite encouraging with an overall increase in production by 5 to 6 times. During the last one decade, estimated production is likely to cross 50,000 tons of all types of mushrooms. However, this is very small quantity if the vast market potential of this large country is to be fully exploited. Mushroom industry has a bright future in India, chiefly because of large quantity of agro by products and agro-waste generated, as well as availability of large and cheap labour force. India exports the highest quantity of the mushroom produced in the country to USA. Netherlands and China account for 60% of the export of mushrooms. Germany is the largest importer and France and UK are large producers as well as consumers. As a whole you can invest in this project without risk and earn profit. 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.
Plant capacity: 5000 Kgs./dayPlant & machinery: 672 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1277 lakhs
Return: 28.00%Break even: 34.00%
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Curcumin Extraction Unit

Curcumin is the main biologically active phytochemical compound of turmeric. It is extracted, concentrated, standardized and researched. Curcumin, which gives the yellow color to turmeric. Turmeric is a spice derived from the rhizomes of Curcuma longa, which is a member of the ginger family (Zingiberaceae) and a gold-colored spice commonly used in the Indian subcontinent, not only for health care but also for the preservation of food and as a yellow dye for textiles. Curcumin is the main biologically active phytochemical compound of Turmeric. Molecular chemical formula of Curcumin: C21H20O6. The most important constituents in organic turmeric are Curcuminoids, which is approximately 6%, and the yellow coloring principles of which Curcumin constitutes 50-60%. Curcumin production is mainly concentrated in India exceeding 78% of the global output. Germany pharmaceutical market will generate over USD 65 billion business by 2024, the country healthcare expenditure was registered at USD 325 billion in 2015. Europe curcumin market is forecast to witness over 13% growth. China curcumin market size may observe significant growth owing to pharmaceutical and cosmetic industry expansion. APAC organic cosmetic spending was over USD 2.5 million in 2014 and is estimated to exceed USD 4 million by 2024 which should favor regional industry growth. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Arjuna Natural Extracts Ltd. • Concert Spices & Exports Ltd. • Enjayes Spices & Chemical Oils Ltd. • Naturite Agro Products Ltd. • Sanat Products Ltd. • Synthite Industries Ltd.
Plant capacity: Curcumin Powder: 350 Kgs/day Turmeric Oil: 350 Kgs/day Plant & machinery: 593 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1016 lakhs
Return: 27.00%Break even: 55.00%
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Bicycle Manufacturing

Bicycles are one of the oldest forms of transportation. Even today millions of people travel by bicycle daily to their work, college, universities and distant places. Today there are different types of cycle for different kind of cycling experiences. No matter what type of cycle you choose be it a mountain bicycle, road bicycle, hybrid bicycle or transporting bicycle basic bicycle spare parts are the same. The bicycle is the most efficient human-powered means of transportation in terms of energy a person must expend to travel a given distance. From a mechanical view point, up to 99% of the energy delivered by the rider into the pedals is transmitted to the wheels, although the use of gearing mechanisms may reduce this by 10–15%. The Indian bicycle industry is worth around Rs. 20 bn, and annually sells about 15.5 mn units. The premium bicycling market constitutes around 5% of the total bicycle market and is estimated at around Rs. 1 bn in India. Bicycle maker Starkenn to set up plant near Pune (Maharashtra). The plant will be operational by 2016. The company produces 35,000-45,000 cycles per year. The company sells bicycles priced between Rs. 25,000 and Rs. 1.1 mn bicycles are made of aluminum frames. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian major players are as under • Avon • Roadmaster • Atlas • Hero • Hercules • Street Cat
Plant capacity: Bicycles (Different Sizes): 2000 Nos./dayPlant & machinery: 336 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1589 lakhs
Return: 29.00%Break even: 56.00%
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Baker’s Yeast

Baker's yeast is the common name for the strains of yeast commonly used as a leavening agent in baking bread and bakery products, where it converts the fermentable sugars present in the dough into carbon dioxide and ethanol. Yeast is single-celled fungi. As fungi, they are related to the other fungi that people are more familiar with, including: edible mushrooms available at the supermarket, common baker’s yeast used to leaven bread, molds that ripen blue cheese, and the molds that produce antibiotics for medical and veterinary use. The scientific name for the yeast that baker’s use is Saccharomyces Cerevisiae, or “sugar-eating fungus”. 100% pure Saccharomyces cerevisiae yeast cultured on sugar cane molasses under carefully controlled and sanitary conditions. After fermentation, the yeast is collected and dried using special spray dryers, which preserve the full and unaltered protein, mineral and vitamin content of pure yeast. Global Forecast to 2022", the yeast market was valued at USD 3.23 Billion in 2016 and is projected to reach USD 5.40 Billion by 2022, at a CAGR of 9.0% from 2017 to 2022. The market is driven by factors such as the growth of the bakery industry, increasing demand for convenience food, and increasing demand for bio-ethanol as a fuel. Yeasts are used in the food industry for many applications such as soups, sauces, broths and gravies, snack seasonings, ready-to-eat meals, processed fish, meat and analogs, dairy, bakery, beverages, and dietary supplements. We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • A B Mauri India Pvt. Ltd. • Agya Imports Ltd. • Aryan Enterprises Pvt. Ltd. • Kerry Ingredients India Pvt. Ltd. • Kohinoor Foods Ltd. • Kothari Fermentation & Biochem Ltd.
Plant capacity: BakerPlant & machinery: 522 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1101 lakhs
Return: 28.00%Break even: 51.00%
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Pipe Bond (PVC, UPVC & CPVC) with Thinner, Rosin & Phenyl Manufacturing

A thinner is a solvent used to thin oil-based paints or clean up after their use. Commercially, solvents labeled "Paint Thinner" are usually mineral spirit shaving a flash point at about 40 °C (104 °F). Rosin, also called colophony is a solid form of resin obtained from pines and some other plants, mostly conifers, produced by heating fresh liquid resin to vaporize the volatile liquid terpene components. It is semi-transparent and varies in color from yellow to black. White phenyl (sometimes written as phenyl) is a disinfecting agent made from pine oil. It is made by using an emulsifier- a compound that allows an oil to stably make a solution with water. Chlorinated polyvinyl chloride (CPVC) pipe and fittings are rapidly growing in popularity in both corrosive and high-temperature applications. CPVC piping systems can be joined using flanging, threading or mechanical joining. The size of the Indian paint market is expected to reach Rs.708.75 billion by the financial year 2019-2020 from around Rs.403 billion in FY 2014-15, according to an estimate by industry body Indian Paint Association (IPA) in January 2017. The decorative paint market size was Rs.303.85 billion and that of industrial paint was Rs.99.15 billion in FY 2014-15. The global gum rosin market size was USD 1.57 Billion in 2015 and is expected to witness growth at a CAGR of 3.3% over the forecast period. the WW segment is expected to be the fastest growing product segment, projected to grow at a CAGR of nearly 6% from 2016 to 2024. The Indian plastic pipe market is forecast to grow at a CAGR of 10.4% from 2016 to 2021. the India PVC pipes and fittings market will grow at a double digit CAGR over the period FY’2015-FY’2020 and is projected to reach INR 327 billion by FY’2020. . We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • Anabond Ltd. • Arjun Chemicals Pvt. Ltd. • Dujodwala Paper Chemicals Ltd. • Jay Chemical Inds. Ltd. • Orient Packagings Ltd. • Prince Pipes & Fittings Pvt. Ltd.
Plant capacity: Thinner (1 Ltr. Bottle):3000 Bottles/day Gum Rosin (Beroja) (1 Kgs Container):4200 Bottles/day Phenyl Concentrate (0.50 Ltr Bottle):6000 Bottles/day Cement Solvent (0.50 Ltr Bottle) Plant & machinery: 93 lakhs
Working capital: -T.C.I: Cost of Project: Rs 523 lakhs
Return: 60.00%Break even: 29.00%
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Organic Dragon Fruit Farming

Dragon Fruit stems are scandent (climbing habit), creeping, sprawling or clambering, and branch profusely. There can be 4-7 of them, between 5 and 10 m or longer, with joints from 30–120 cm or longer, and 10–12 cm thick; with generally three ribs; margins are corneous (horn-like) with age, and undulate. The fruit is oblong to oval, to 6–12 cm long, 4–9 cm thick, red with large bracteoles, with white pulp and are edible; seeds are black. Dragon Fruit or Pitaya grows best in uniformly distributed rainfall throughout the year. It prefers free draining soil with sandy to clay loam types, 5.3 to 6.7 pH and high organic matter. However, Pitaya is also grown successfully in sandy soils. Pitaya is shallow rooted with most roots concentrated on top 15- 30 cm soil depth. India gets a taste of exotic dragon fruit. This fruit of a vine-like cactus has white flesh peppered with tiny edible black seeds. Its popularity is growing beyond metros to other cities, particularly in south India. The fruit was selling for about US$10 per kg, according to, director of the Ministry of Agriculture and Rural Development. Vietnamese dragon fruit is selling well in Chinese and Vietnamese in the US, said Mr Dat, who has been on a fact-finding trip in the country. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: 7200 Kgs/dayPlant & machinery: 1316 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3183 lakhs
Return: 133.00%Break even: 15.00%
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Aluminium Collapsible Tubes

A collapsible tube is defined as a cylinder of pliable metal that can be sealed in such a manner that its contents, although readily discharged in any desired quantity, are protected from contact with air or moisture. Collapsible tubes are made from aluminum, tin coated lead, or lead tin alloy by cold extrusion. They consist of three parts, the main tube, a shoulder to one end of which a screened nozzle with orifice is fitted, and a molded cap to close the orifice, sometimes application of various design are attached to the nozzle with the help of mechanical or hand operated filling machines. The majority of medical creams and ointments are marketed in collapsible tubes made from aluminium or plastics which retain their original shape after use, or special laminates based on aluminium foil. The growth in aluminium consumption is focused on Asian region which is supported by strong public policies by respective governments. The main primary producers of aluminium are located in China, Russian Federation, North America, Latin America, Western Europe, and Australia. India is an important player in the aluminium sector, especially because of its abundant bauxite reserves. India has bauxite reserve base of 1.44 billion tonnes and reserves of 0.77 billion tonnes. The packaging industry is estimated at Rs 150 bn and is growing at 14-15% annually. Thus, due to demand it is best to invest in this project.
Plant capacity: 300000 Nos./dayPlant & machinery: 4684 lakhs
Working capital: -T.C.I: Cost of Project: Rs 10012 lakhs
Return: 10.00%Break even: 46.00%
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Power Transformer

A transformer is a device that transfers electrical energy from one circuit to another through inductively coupled conductors—the transformer's coils. If a load is connected to the secondary, current will flow in the secondary winding, and electrical energy will be transferred from the primary circuit through the transformer to the load. Transformers range in size from a thumbnail-sized coupling transformer hidden inside a stage microphone to huge units weighing hundreds of tons used to interconnect portions of power grids. A transformer is a device for transferring energy in a system from one circuit to another. It consists of two independent electric circuits linked with a common magnetic circuit. This energy at low voltage may be transformed to energy at high Voltage, or vice versa. The global power transformers market was estimated to be 11,352 units in 2013 and is expected to reach 16,994 units by 2020, at a CAGR of 5.9% from 2014 to 2020. In terms of revenue, the market is expected to grow from USD 18.55 billion in 2013 to USD 28.22 billion in 2020 at a CAGR of 6.2% from 2014 to 2020. India has a good and sound base of over 700 industries and has total transformer manufacturing capacity of 1,000 GVA sufficient for domestic and export market. The present net worth of industry is about ` 12,500 crores and now has planned to add 100,000 MW in the 12th Plan period which shall result in annual market of ` 15,000 crores for transformer industry. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Power Transformers(132/33 KV, 10000 KVA Core Type Oil Cooled):100 Nos/annumPlant & machinery: 85 lakhs
Working capital: -T.C.I: Cost of Project: Rs 169 lakhs
Return: 27.00%Break even: 45.00%
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Gypsum Plaster Board

Gypsum board, also known as “drywall” or “plaster board,” consists of a core of gypsum surrounded with a paper covering. These gypsum board products include regular gypsum wallboard, moisture-resistant gypsum board, and type-X fire-resistant gypsum board. Natural gypsum is a common mineral that is easily mined or quarried. It is generally found close to the surface of the earth. Synthetic Gypsum is a by-product of cleaning the emissions of the coal burning power plants. When the coal burns, Sulfur Dioxide (SO2) is captured in the coal stacks soit is not released into the environment. Gypsum is a mineral found in sedimentary rock formations in a crystalline form known as calcium sulfate dihydrate CaSO4•2H2O. One hundred pounds of gypsum rock contains approximately 21 pounds (or 10 quarts) of chemically combined water. Gypsum Plaster Boards are constructional sheets composed of consigned Gypsum with about 15% fibre. Gypsum plaster boards are selected for use according to their type, size, thickeners and edge profit.We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product.
Plant capacity: Gypsum Plaster Board (Size 2440x1220x12 mm):10000 Sq.Mt./dayPlant & machinery: 549 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3188 lakhs
Return: 21.00%Break even: 57.00%
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Ghee Manufacturing Unit

Ghee, also referred to as clarified butter, is a good alternative to cooking oil and is often used in Indian and Middle Eastern dishes. It is very fragrant and has a rich nutty taste. Ghee is solid at room temperature but can easily be melted if necessary. Many people prefer cooking with ghee over butter because it does not burn as easily as butter. Ghee, which is widely used in Indian cooking, is the pure butter fat left over after the milk solids and water are removed from butter. It is very fragrant with a rich nutty taste and represents the second largest consumed dairy product in India, after liquid milk. The ghee market in India has witnessed a strong growth in recent years. Some of the factors which have contributed in influencing the market growth are increasing disposable incomes, expanding distribution channels and introduction of organic ghee. The strong growth of the Indian ghee market can be attributed to numerous factors. One of the major driving factors is the fact that the majority of the Indian population is engaged in agricultural practices which involve a lot of physical labour. Thus, ghee is considered as a vital source of energy and nutrition in an Indian household. Apart from this, growing health-consciousness among the consumers has prompted manufacturers to come up with organic ghee, which in turn, has added to the overall demand. Some of the other driving factors include population growth, rising disposable incomes and expanding distribution channels in the country. The market is further expected to reach a value of more than INR 3014 Billion by 2021, growing at a CAGR of nearly 15% during 2017-2021.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
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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