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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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Tea Packaging Unit (Blending And Packing)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

India is the largest producer of tea in the world. The (camellia SPP.) Is an important beverage and the world drinks more than any other beverage. It buds of the evergreen tea-plant, which is popularly acclaimed as a healthful herbs. There are mainly 4 varieties of teas according to process parameters. Fermented tea, partically fermented tea, unfermented teas or green teas, brick tea. Most of the teas quality judges by its flavour and aroma producing capacity on unit weight of processed tealeaves. The packing tea industry is divided into organized and unorganized sectors. There is good market for new entrepreneurs.
Plant capacity: 2000 Kgs/DayPlant & machinery: 48 Lakhs
Working capital: -T.C.I: 315 Lakhs
Return: 63.00%Break even: 26.00%
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Five Star Hotel & Business Shopping Mall - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout

Five star hotel contents business center by making luxurious shops inside the hotel for selling consumer goods, articles and beverages, is wonderful combination for profit making center. Again if there is facility of p.v.r., health club, and banquet hall attract the tourist much more in that hotel. Now a days most of the citizens all over the world are conscious about their health, they want to make healthy body and physically fit throughout the life. It will make the man much more free in their general tensionable life. It is used mainly for special occasions on higher rent. Health club consents instrument for exercise, swimming pool, yoga etc. Shopping mall is newly developed complex centrally air-conditioned all type of business, commercial and complete family entertainment centers. It contains pubs, food chains, jewelers, gift shop, shoes, garments, sports, art gallery, studios anchors retailers investors etc. Everybody come and purchase their required things in competitive price with quality. Hotel business is very flourishing business these days not only in India, but it has been termed as an international hotel industry & it carries very brilliant prospects. There is good scope of this project.
Plant capacity: -Plant & machinery: 51 Crores
Working capital: -T.C.I: 300 Crores
Return: 59.00%Break even: 29.00%
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Pesticides From Neem Seeds & Leaves - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

This is a medium sized free, with a clear bole of 10-25 and a girth of 6-8. Although described as evergreen in drier areas it becomes deciduous. Its bark is moderately thick with longitudinal or oblique furrows on the outer surface. It is dark grey outside and reddish inside. Almost every part of the free is bitter and has found application in indigenous medicine. The seed oil is used in skin diseases such as scrofula, indolent ulcers and sores and ringworm, septic sores. The bark also is considered useful in skin diseases the leaves are bitter and have a faint, but characteristic unpleasant small. Dried in shade, they are commonly pleaded in books paper and clothes to prefect then from moths etc. The new entrepreneur can enter into manufacturing of neem pesticides, became demand of bio-pesticide is increasing day by day.
Plant capacity: 1 Mt/DayPlant & machinery: -
Working capital: -T.C.I: -
Return: 43.00%Break even: 47.00%
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Rubber Compounding for Automobile Industry - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Before going to various rubber compounding ingredients as applied in the rubber industry in detail, we would like to clarify the term compounding as applied in the rubber technology. It is used for making Tyres, Tubes, O-Ring etc. India is already the fourth largest passenger vehicle market in Asia, the fourth largest tractor market in the world and the fifth largest commercial market in the world. It is also the largest three wheeler markets in the world and the second largest two wheeler markets. The Indian automobile sector is expected to grow by over ten percent per annum in the next four to five years driven by the growing demand for movement of both men and material by road. There is a good scope for new investment.
Plant capacity: 10 MT/DayPlant & machinery: 86 Lakhs
Working capital: -T.C.I: 407 Lakhs
Return: 63.00%Break even: 32.00%
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Extraction of Essential oil and Packing of Ground Spices - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Cost of Project

Spices are Nature’s own production. In the art of cooking these are the magic constituents without which all culinary creations would be dull and lifeless. The essential oils are used in manufacture of flavours, perfumes etc. It is also used in pharmaceutical, medicines, cosmetics and food processing industries. Essential oils and spices both are the high demandable products. There are good domestic and export market for both. So new entrepreneurs can enter into manufacturing of spices and essential oils.
Plant capacity: 12.50 kgs/DayPlant & machinery: 22 Lakhs
Working capital: -T.C.I: 121 Lakhs
Return: 44.00%Break even: 40.00%
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Rubber Reclamation - 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

Reclaimed rubber is manufactured out of discarded tyres and tubes and other wastes of rubber products. A fully reclaimed rubber is completely soluble in benzene and its molecular weight is also reduced. It helps in great cost reduction without affecting quality requirements of the product. India exported around 1000 tonnes of reclaimed rubber during last ten years. On the basis of 7% growth rate the esteemed demand for reclaimed rubber is likely to go up to 1,47,879 tonnes by 2006 AD. There is a good scope for new entrepreneurs.
Plant capacity: 2.00 MT/day Plant & machinery: Rs. 33 Lakhs
Working capital: -T.C.I: Rs. 98 Lakhs
Return: 51.00%Break even: 43.00%
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Recycling Of Waste Computer - 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 an electronic device. All the parts of the computer has certain period of life after that these are unable to work. Waste parts can reuse for further production of new products. To development of new variety of computers there is large amount of computer waste available. Waste parts of the computer can be used in various ways. Waste monitor can be used for remodeling the monitor or it can be further remodeled to use as picture tube. As a whole all the parts of the body can be reused for remodeling the computer or manufacturing of new by products model. Many companies exists in the market, who purchase the old systems with all accessories and resale it after repairing. This is a good business on small scale basis, if computer waste can be arranged regularly. There is a good scope for any new entrants.
Plant capacity: Remodeling Computer 3 Nos/Day Plant & machinery: 11 lakhs
Working capital: -T.C.I: 61 lakhs
Return: 40.00%Break even: 39.00%
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Nylon Coating On Zinc Wire (Wire “O“ Wire) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Polyamides are a group of thermoplastic polymers containing amid groups in the main chain. They are popularly known as Nylons, which is the trade name of E.I.Du Pont. The work carried out by carothers at E.I. Du. Pont led to commercialization of PA-66 in 1938. Some of the other commercially important polyamides are PA-11, PA-12, PA-610, PA-612 and their copolymers. Nylon Coated Zinc wire is used for making spiral coil. Few in organized sector are engaged in the manufacturing coated zinc wire. It has been observed that there is very good market growth. It is about 10-12% annum. There is very good export market. It can be concluded that there is a good scope for new entrepreneurs.
Plant capacity: 20000 Meters/dayPlant & machinery: Rs. 45 lakhs
Working capital: -T.C.I: Rs. 211 lakhs
Return: 38.00%Break even: 48.00%
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RUBBER AUTO PARTS - 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

Rubber Auto Parts are amongst the important automobile ancillary industries. They are used in various parts of the automobiles. The rubber auto parts comprise tyres, tubes, flaps, fan belts, bulb horn, weather strip, door buffers and similar rubber bushes etc. The manufacture of automobile in India has made considerable strides in the recent past and is now poised for greater expansion. The rubber auto parts suspension parts & engines mounting item for automobiles. This industry is an important ancillary for many large-scale units. The demand for different types of rubber auto parts has been steadily increasing. Rubber auto parts have got very good export possibilities and in fact a large number of small-scale units are exporting these items to many foreign countries. The government also gives priority and incentives to export oriented industries. The entrepreneurs can easily jump into this field to earn profit and also increase the foreign exchange reserve of the country.
Plant capacity: 334 Kgs./DayPlant & machinery: 12 Lakhs
Working capital: -T.C.I: 67 Lakhs
Return: 46.00%Break even: 45.00%
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CYBER CAFE (INTERNET BROWSING CENTRE) - 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

A cyber cafe is a café that has a number of personal computers connected to the Internet and available for use by customers. Cyber café are also called Internet Browsing Centre, Internet Kiosks, Internet Browsing Club, Internet Hub, Chat Centre and so on. If you travel and need access to the Internet, a cyber café might be one solution. Traveltales.com offers a book listing cyber cafes worldwide. You can also search their online database. Promoters of Internet Browsing Centres have a variety of leased line facilities, Dial Up facility, ISDN facility, Internet surfing, E-mail services, Scanning facility, printing facilities, fast food service, localized additional services such as real estate hunting, technical guidance for customers etc. The cyber café is successful because it combines the comfortable environment of a coffeehouse, restaurant or bar with the many developing applications of the Internet. Many companies have recognized the cyber café as the perfect means to sell their products. The cyber café is being recognized as an essential point of access for Internet services. No other business is playing such an instrumental role as the cyber café in the process of bringing the future of Internet technology to the public. So there is a good future for existing as well as new entrepreneurs.
Plant capacity: 60 Hours/DayPlant & machinery: 3 Lakh
Working capital: N/AT.C.I: 6 Lakh
Return: 41.00%Break even: 53.00%
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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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