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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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Disposable Products (Knife, Fork & Cutlery Items (Spoon)

Disposable Products A disposable (also called disposable product) is a product designed for a single use after which it is recycled or is disposed as solid waste. The term often implies cheapness and short-term convenience rather than medium to long-term durability. The term is also sometimes used for products that may last several months (e.g. disposable air filters) to distinguish from similar products that last indefinitely (e.g. washable air filters). The word "disposables" is not to be confused with the word "consumables" which is widely used in the mechanical world. Disposable products are used only once or twice and are often not recycled. When it comes plastic, we aware that it is usually non-biodegradable in nature. Plastic and other disposable products cause a significant damage to our environment. Plastic bags choke the wildlife and refuse to break down in oceans or landfills. They aren’t easy to recycle and make environment pretty messed up. The disposable products market is witnessing an annual growth of nearly 6-7% due to increased consumer spending on personal care products globally. In addition, the demand for improvised comfort, performance and efficient absorbent products is expected to drive demand for disposable products in the near future. Concerns for safety, convenience and hygiene are identified as key factors affecting growth of disposable products market. Disposable Cutlery Items The major items of cutlery in Western culture are the knife, fork and spoon. In recent times, hybrid versions of cutlery have been made combining the functionality of different eating implements, including the spork (spoon / fork), spife (spoon / knife), and knork (knife / fork) or the sporf which combines all three.
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Stain Removers

Stain removal is the process of removing a mark or spot left by one substance on a specific surface like a fabric. A solvent or detergent is generally used to conduct stain removal and many of these are available over the counter. If a stain has "set", it has become chemically bonded to the material that it has stained and cannot be removed without damaging the material itself. It is therefore important to avoid setting stains that one wants to remove. This can be done by avoiding heat (by not pressing or ironing the stain), sponging stained materials as quickly as possible, using the correct solvent (some solvents will act as catalysts on certain substances and cause the stain to set more quickly), and avoiding rubbing the stain. Stain removers contain solvents. A solvent is any fluid that dissolves another chemical. For example, water is a good solvent for dissolving salt and sugar. However, it's not a good solvent for dissolving oil or butter. Stain removers often contain alcohol which acts as a solvent for both water-based and oil-based stains. The major trends in this market include eco-friendly stain remover products and increasing demand from developing countries. The vendors of laundry care products are coming up with the green laundry concept with the usage of more biodegradable components in the product offerings. Some of the leading eco-friendly stain remover products are Attitude Eco-Friendly Laundry Stain Remover, Citra Spot Natural Stain and Odor Remover, Everyday Stain & Odor Eliminator, and 365 Pre-Wash Stain Remover. The stain remover product market can be segmented by product into powder, liquid, bar, and others which includes sprays, sticks, tablets, wipes, foams, packets, and gels. By application, the market can be classified into commercial and residential end-user segments. Commercial applications include laundry services, textile industry, and hospitality industry whereas residential applications include household cleaning. The global stain remover products market offers a wide range of products having different compositions, which include different chemical components, fragrances, formats, packages, and prices. For instance, stain remover products are available in different forms, including powder, liquid, bars, sticks, and sprays.
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Dosing Pump

A dosing pump is a small, positive displacement pump. It is designed to pump a very precise flow rate of a chemical or substance into either a water, steam or gas flow. A dosing pump will deliver this precise flow rate of chemical or other product by a number of different methods but it generally involves drawing a measured amount into a chamber and then injecting this volume of chemical into the pipe or tank being dosed. A dosing pump is generally quite small and is powered by either a small electric motor or air actuator. A dosing pump is a positive displacement pump designed to transport very precise flow rates of a chemical or other substance into a fluid stream. The mechanism of this industrial pump involves drawing a measured quantity of fluid into the chamber and then injecting this volume rate into the container being dosed. Dosing pumps are low-volume pumps with controllable discharge rates that are used to inject additives or difficult-to-mix fluids into mixing, pumping, or batch/tank systems. Dosing pumps are usually made from plastic, thermoplastic, or stainless steel and feature mounting holes or accessories. Dosing pumps often have a controller which enables the fluid flow to be monitored and adjusted easily. The global market is expected to grow from an estimated market size of USD 771.8 million in 2018 to USD 949.3 million by 2023, at a CAGR of 4.23%. The overall market is set to witness significant growth because of the growing demand for accurate and precise dosing from chemical, oil & gas, and manufacturing industries, along with increasing investments in the water & wastewater treatment sector. The market for up to 25 bar segment is expected to grow at a higher CAGR during the forecast period. Hydraulic dosing pumps with discharge pressure up to 25 bar are used for dosing purposes in sectors including oil & gas, chemical & petrochemical, power generation, water treatment, and manufacturing. Thus, the rise in demand for hydraulic dosing pumps led by significant investments in these industries is expected to drive the demand for hydraulic dosing pumps during the forecast period.
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Saccharin (Soluble & Insoluble)

Sodium saccharin (benzoic sulfimide) is an artificial sweetener with effectively no food energy. It is about 300–400 times as sweet as sucrose but has a bitter or metallic aftertaste, especially at high concentrations. Saccharin is used to sweeten products such as drinks, candies, cookies, and medicines. Saccharin derives its name from the word "saccharine", meaning "sugary". The word saccharine is used figuratively, often in a derogative sense, to describe something "unpleasantly over-polite" or "overly sweet". Both words are derived from the Greek word ???????? (sakcharon) meaning "gravel". Related, saccharose is an obsolete name for sucrose (table sugar). Saccharin is an artificial or non-nutritive sweetener. It is made in a laboratory through the oxidation of the chemicals o-toluene sulfonamide or phthalic anhydride. It looks like white, crystalline powder. Saccharin is commonly used as a sugar substitute because it doesn't contain calories or carbs. Humans can't break down saccharin, so it leaves the body unchanged. The global saccharin market reached a value of US$ 260 Million in 2016. Saccharin, also known as Ortho-sulfobenzoic Acid Imide, is an artificial sweetener found in the form of a white crystalline powder that is about 300 times sweeter than sugar. It is made through the oxidation of o-toluene sulfonamide or phthalic anhydride, and its name has been derived from the word ‘saccharine’ which is used to describe something ‘overly sweet’. Saccharin is not soluble in water but usually blends with other sweeteners to compensate for their weaknesses and faults. Saccharin is an artificial sweetener which is 300 to 500 times sweeter than sugar with zero calories. It is unrivalled among all other high sweetener intensity products owing to its stability, cost effectiveness, compatibility and absence of side effects. The product is mainly used by diabetic patients as it doesn’t spike the sugar level of the body and is easily removed from the body without being absorbed through renal defecation, adding no nutritional value to the body.
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Chocolate Drink (Liquid Form)

Chocolate drinks Water based chocolate powdered drinks are generally cold beverages which include soft drinks or energy drinks. Whereas milk based chocolate based drinks include chocolate drinks, protein shakes, cappuccino mixes. One of the most consumed and popular food product among consumers across the globe is chocolate. Based on the amount of cocoa employed during preparation, different varieties of chocolates are produced globally. As the global chocolate market is highly driven by the taste preferences of consumers, it is imperative that companies focus on product development and marketing strategies to gain a wider consumer base and capture new markets.
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Strawberry Cultivation & Processing

Strawberries are very popular as ice-creams, cakes, milkshakes and other such desserts worldwide. The fruit is very popular owing to its nutritional quality, color, aroma, texture and of course, its taste. Artificial flavoring is also used in cosmetics, hand sanitizers, candies, etc. The cultivation and production of strawberries is a fairly global industry, except in those countries with the coldest climate. However, the quality, flavor, and vitamin content of the berries are linked directly to the part of the world where they are grown. The ideal growing climate for strawberries is one where they are exposed to warm, sunny days and cool nights. Strawberry needs a temperate climate for cultivation although some of the varieties can grow in subtropical climate. They are short day plants. During flower formation, they need a photoperiod (sunlight) of eight to twelve hours for about ten days. They are dormant and do not grow during winters. Winter is followed by spring when the days grow longer. Therefore, the plants get sunlight initiating flower development. However, in case of varieties grown in sub-tropical regions wherein winters are mild the plants continue to grow.
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Dimethyl Sulphate

Dimethyl sulfate is a chemical compound with formula (CH3O)2SO2. As the diester of methanol and sulfuric acid, its formula is often written as (CH3)2SO4 or even Me2SO4, where CH3 or Me is methyl. Me2SO4 is mainly used as a methylating agent in organic synthesis. Dimethyl Sulfate is an odorless, corrosive, oily liquid with an onion-like odor that emits toxic fumes upon heating. Dimethyl sulfate is used in industry as a methylating agent in the manufacture of many organic chemicals. Inhalation exposure to its vapors is highly irritating to the eyes and lungs and may cause damage to the liver, kidney, heart and central nervous system, while dermal contact causes severe blistering. It is a possible mutagen and is reasonably anticipated to be a human carcinogen based on evidence of carcinogenicity in experimental animals. Dimethyl sulfate hydrolyzes slowly in cold water but rapidly in warm water and acidic solutions. The hydrolysis occurs stepwise, initially forming methyl sulfuric acid, then sulfuric acid and methanol. It can be calculated that DMS hydrolyzes to methyl sulfuric acid with 99.9% completion as follows: Dimethyl sulfate is used as chemical intermediate, hence the global dimethyl sulfate market is anticipated to experience strong growth over the foreseeable future, owing to its numerous applications in different chemicals. Furthermore, the fabric softeners market is expected to experience strong growth during the forecast period, which would boost the demand for dimethyl sulfate, as the latter is used to manufacture fabric softeners.
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How do I Start a Warehouse Business?

How do I Start a Warehouse Business? Warehouse Business - Startup Ideas Warehousing is the act of storing goods that will be sold or distributed later. While a small, home-based business might be warehousing products in a spare room, basement, or garage, larger businesses typically own or rent space in a building that is specifically designed for storage. A warehouse is a building for storing goods. Warehouses are used by manufacturers, importers, exporters, wholesalers, transport businesses, customs, etc. They are usually large plain buildings in industrial parks on the outskirts of cities, towns or villages. The function of storage can be carried out successful with the help of warehouses used for storing the goods. Warehousing can also be defined as assumption of responsibility for the storage of goods. By storing the goods throughout the year and releasing them as and when they are needed, warehousing creates time utility. Market Outlook The Warehousing and Storage industry provides its clients with storage facilities for a wide variety of goods. Although a large proportion of this is general merchandise, the industry also offers specialized storage of liquids and gases, agricultural commodities and refrigerated goods. Industry revenue is expected to grow at a strong compound annual rate of 8.3% over the five years through 2018-19 to reach £19.8 billion. On-demand warehousing is the ability to switch on warehousing services as and when required. Storage capacity is the principal service, but all other services related to the movement of inventory to and from the warehouse must also be included in the model. It is warehousing services that can be scaled up to meet peak demand, but then scaled back to previous levels when no longer needed. Warehousing involves storage of goods and merchandise in order to protect the quality and quantity of the stored products awaiting future use. It is an integral part of the logistics value chain, forming the node, which allows for collection, sorting and dissemination of goods within the supply chain. Global Warehousing Industry Outlook • The global warehousing market was valued at approximately $1.6 trillion in 2016 and is expected to grow at a CAGR of around 7-8 percent to around $1.8 trillion by the end of 2018 • Regions, such as Europe and North America and some parts of APAC, including Australia and Singapore, have high market maturity due to tight supply conditions and higher technology adoption • Parts of APAC, such as India and China, are expected to be the future growth driving markets for the warehousing industry owing to the forecasted increase in manufacturing facilities, high number of top container ports and due to the expected robust growth in the e-commerce sector, which is expected to grow from $1.1 trillion in 2016 to $1.8 trillion in 2018 The Indian warehouse market was worth INR 1,463 Billion in 2017. The market is further projected to reach INR 3,179 Billion by 2023, at a CAGR of 13.6% during 2018-2023. Warehousing involves storage of goods and merchandise in order to protect the quality and quantity of the stored products awaiting future use. It is an integral part of the logistics value chain, forming the node, which allows for collection, sorting and dissemination of goods within the supply. Warehousing which was once sidelined in the larger scheme of things is now rapidly gaining prominence across the Indian realty sector. There are many factors, at the micro and macro-economic level that are coming to play, making warehousing an attractive proposition for investors looking to leverage the significant tailwinds witnessed around it. Warehousing in India has travelled far, from being glorified godowns to the modern, technically fitted floors with computerized specifications. The formerly concrete or low-grade steel godowns are now increasingly being replaced by pre-engineered, factory produced steel structures which are often assembled at a location. These modern warehouses are insulated, ventilated and climate-proof with round the clock surveillance and standard quality and safety procedures. The warehousing industry in India is still at the beginning stages and has huge tracks to cover in terms of equalling the global standard. In the scenario of halting technology penetration and advancements, the country has an access to huge manpower and abundant labour but efficient training mechanisms and skill development are not at par with the rate of industry evolution needs. Warehouses are commercial buildings used by manufacturers, exporters, importers, transport businesses, wholesalers, and customs to store and load goods. They are usually large enclosed spaces or buildings near industrial areas in cities, towns and villages. Warehousing is a major part of supply chain and logistics activities. It includes the movement and storage of materials within the warehouse, involving standardized procedures of transaction, shipping, receiving, stow away and pick up. 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Logistics-storage-warehousing Business & Investment Opportunity, How to Start a Small Warehouse Business
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Ephedrine Hydrochloride

Ephedrine hydrochloride is a phenethylamine found in EPHEDRA SINICA. PSEUDOEPHEDRINE is an isomer. It is an alpha- and beta-adrenergic agonist that may also enhance release of norepinephrine. It has been used for asthma, heart failure, rhinitis, and urinary incontinence, and for its central nervous system stimulatory effects in the treatment of narcolepsy and depression. It has become less extensively used with the advent of more selective agonists. Ephedrine should be used with caution in patients who may be particularly susceptible to their effects, particularly those with hyperthyroidism. Great care is also needed in patients with cardiovascular disease such as ischaemic heart disease, arrhythmia or tachycardia, occlusive vascular disorders including arteriosclerosis, hypertension, or aneurysms. Angina pain may be precipitated in patients with angina pectoris. Ephedrine hydrochloride was used in the control of the inflammatory response. It was also used to treat hypotension caused by either anesthesia or overdose of antihypertensive drugs.
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Ramming Mass and Fire Bricks from Magnesite

Ramming Mass is used in the lining of induction furnaces. Quality of Acidic Ramming mass is directly related to the heating performance of the furnaces. Better quality of lining results in the smooth working of furnaces, optimum output and better metallurgical control. It is manufactured under strict supervision of qualified & experienced work force. Ramming Mass that has excellent all round fastness heat properties. Basic Ramming Mass is a magnesia based refractory lining material for induction furnaces. Basic Ramming Mass or Magnesia Ramming Mass is widely used in industries which work with high manganese steel and high chromium steel to make quality products. Basic Ramming Mass has much longer life span compared to acidic ramming mass or neutral ramming mass. The wide range of basic ramming masses are produced using a blend of indigenous Dead Burnt Magnesia and imported fused/sea water magnesia. Basic Ramming Masses find acceptance in coreless induction furnaces, EAF hearth, cold and hot steel launders. Fire brick, firebrick, or refractory brick is a block of refractory ceramic material used in lining furnaces, kilns, fireboxes, and fireplaces. A refractory brick is built primarily to withstand high temperature, but will also usually have a low thermal conductivity for greater energy efficiency. Firebricks are blocks of refractory ceramic materials used to line fireplaces, fire boxes and furnaces. They are different from regular masonry bricks because of their ability to withstand temperatures up to 1,800 degrees Fahrenheit. Usually dense firebricks are used in applications with extreme mechanical, chemical, or thermal stresses, such as the inside of a kiln or a furnace, which is subject to abrasion from wood, fluxing from ash or slag, and high temperatures. A fire brick, also called refractory brick, is a molded block of refractory ceramic material that has been baked and treated to withstand high temperature. Fire brick usually contains aluminum oxide and silicon dioxide. It is used in lining furnaces, kilns, fireboxes, and fireplaces. The global refractory bricks market is bifurcated on the basis of type, material, application and geography. On the basis of type, the market is classified as unshaped and shaped. The global market is bifurcated based on material as alumino-silicates, silicon carbides and ceramic bricks. The global refractory bricks market is also segmented based on application as furnaces, metallurgy, kilns, incinerators and others.
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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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