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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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Micropropagation Growth of Tissue Culture - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Tissue culture is the process of development of new tissue for the further propagation of new plant without diseases and better yield capacity of fruits or vegetables of woods etc. Tissue culture involves production of genetically identical plant progeny through the cloning on a vegetative tissue or organ of the parent plant or ex-plants on nutrient medium containing growth hormones under sterile condition. It can be used for the production of hybrid seeds, for preserving rare plants, for the production of infection free plants for more rugged plants for improving plant output etc. About 122 tissue culture labs with on aggregate of 245 million plants/annum have been set up in India.
Plant capacity: 20 Million Plantlets/YearPlant & machinery: Rs. 45 Lacs
Working capital: Rs. 196.95 LacsT.C.I: -
Return: 1.00%Break even: N/A
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Computer Assembling Unit - 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

Computer is simply a tool for people to use; it is a machine that can solve any problem by accepting data, performing certain operations on that data and presenting result of those operations. Modern age is a computer age. The development of the computer in last couple of years particularly its national and international connectivity has increased its importance not only for professionals or researchers but also for all including housewives. Many of the multinationals are also in Indian Market.However, demand is expected to grow very rapidly and to reach to 25 lakhs numbers by 2004-2005. It is believed that the use of computer as communication will increase the demand for computers and revolutionise the world.??
Plant capacity: 1000 Nos./AnnumPlant & machinery: Rs. 4 Lakhs
Working capital: Rs. 90 LakhsT.C.I: Rs. 112 Lakhs
Return: 37.68%Break even: 39.12%
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Computer Assembling Unit - 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

Computer is simply a tool for people to use; it is a machine that can solve any problem by accepting data, performing certain operations on that data and presenting result of those operations. Modern age is a computer age. The development of the computer in last couple of years particularly its national and international connectivity has increased its importance not only for professionals or researchers but also for all including housewives. Every year 2 to 3 lakhs computers are being produced in India. Many of the multinationals are also in Indian Market.However, demand is expected to grow very rapidly and to reach to 25 lakhs numbers by 2004-2005. It is believed that the use of computer as communication will increase the demand for computers and revolutionise the world.??
Plant capacity: 1000 Nos./AnnumPlant & machinery: Rs. 4 Lakhs
Working capital: Rs. 90 LakhsT.C.I: Rs. 112 Lakhs
Return: 37.68%Break even: 39.12%
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Computer Software - 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

The impressive growth of the Indian software industry has been possible for several reasons. India possesses the world?s second largest pool of scientific manpower which also happens to be English speaking. Coupled with the fact that the manpower costs are low. It provides India with an edge in the world market, but more importantly India has that inborn talent for software development. Also over the years the Indian Software Industry has built up a strong image in the international market. The Indian Software Industry is planning to reposition itself to achieve the exponential growth rates experienced by American Software Companies. It contemplates moving away from the image of supplier of cheap labour and recreating itself as provider of value added services.
Plant capacity: 48 Software/AnnumPlant & machinery: Rs. 40.0 Lakhs
Working capital: Rs. 23 LakhsT.C.I: Rs. 93 Lakhs
Return: 35.72%Break even: 53.63%
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CD Players - 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

The audio market can be divided in to Ratio cassette recorders and player, (either mono and stereo) and compact disc (CD) player. Among all the three CD players are becoming more popular because it is based on digital technology as these days entertainment world is going digital. CD provides high quality of audio signals. CD players is the most radical change in recording technology. The compact disc, the product of a completely new sound recording technology has captured the imagination of the music industry in India. Compact discs gives high sound purity and have micro storage facility. There is good market for CD players. You can invest in this project.
Plant capacity: 30 Nos/DayPlant & machinery: Rs. 7.0 Lakhs
Working capital: Rs. 106 LakhsT.C.I: Rs. 122 Lakhs
Return: 42.47%Break even: 39.37%
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Cybercafe-Internet Browsing Center - Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout

Cybercafes are also called internet browsing centers, Internet kiosks, Internet Browsing clubs, Internet Hubs, chat centers, Cyber mails, cyber pubs, cyber parks, cyber plazas and so on. The Internet is worldwide network of networks. It is a conglomeration of smaller networks and other connected machines spanning the entire globe. Internet the growing concept connecting people to people from continent to continent. Have fun of chatting, get world wide information, wonderful speed of communication useful for commercial and personal work. Information available on Education, Products, Profession, Trade Science & Technology, Religion, Culture, Entertainment, News, Policies, Directories, Yellow Pages, Website of major companies (world wide) country information, Govt. Department, Jobs, Business opportunities Export Import overseas etc. or just key in the name and have information.
Plant capacity: 60 Hours/DayPlant & machinery: Rs. 2.4 Lacs
Working capital: Rs. 0.73 LacsT.C.I: Rs. 4.78 Lacs
Return: 26.79%Break even: N/A
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UPS and Invertors - 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

Various sophisticated electronic and mechanical equipment require continuous and unfluctuating power supply for effective functioning. Computer, fax machines, automatics teller machine, process control equipment and communication system etc. cannot tolerate break in AC power supply even for 1/10th of a second. The electrical power production in our country is much less than the demand. UPS consists of a convector and an inverter. The converter is abattory charger which has a step down transformer. Now a days there is very good demand for UPS and Invertors. There is good scope of new investment in this manufacturing line.
Plant capacity: 2.0 Nos./DayPlant & machinery: Rs. 3 Lakhs
Working capital: Rs. 31 LakhsT.C.I: Rs. 41 Lakhs
Return: 61.32%Break even: 43.20%
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Information Technology (IT) Training Centre - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Information technology (IT) is a rapidly changing industry, with constant hardware and software changes; the IT industry is highly volatile. The changes in technology and the adaptation of new technology by the industry had let to continuous change in manpower skills requirements. As a result, an individual needs to update himself regularly so as to be industry relevant. There is a very good prospect for IT training centres.
Plant capacity: Rs. 18.45 Lakhs Plant & machinery: Rs. 18.71 Lakhs
Working capital: Rs. 47.27 LakhsT.C.I: 29.29%
Return: 7254.00%Break even: N/A
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Surgical Methylated Spirit (Denatured Alcohol / Surgical Spirit) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Surgical Methylated Spirit is the special grade spirit, which is the mixture of castor oil, D.E.P. and some other chemicals. It has very good demand in pharmaceutical industries as well as in the hospitals. Average market growth for Surgical Methylated Spirit is 5 % per annum. Any new entrepreneur who will enter in the manufacturing of pharmaceutical grade methylated spirit will be successful.
Plant capacity: 10000 Litres/DayPlant & machinery: Rs. 69 Lakhs
Working capital: Rs. 96 LakhsT.C.I: Rs. 179 Lakhs
Return: 45.19%Break even: 60.81%
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Latex (Rubber) Foam Products - 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 currently the fifth largest producer of natural rubber in the world, next to Malaysia, Indonesia, Thailand and China. 235000 tones of natural rubber produced in the country accounts for about 5 % of the world rubber production. Despite the increase in production, India continues to import rubber to meet the demand of the domestic industries. The product has high demand. A new entrepreneur can well venture in this field by installing an unit of latex foam products.
Plant capacity: 1 MT/DayPlant & machinery: Rs. 8 Lakhs
Working capital: Rs. 42 LakhsT.C.I: Rs. 69 Lakhs
Return: 47.31%Break even: 50.29%
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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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