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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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CALCIUM CARBONATE FROM LIME STONE - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunitiese

Calcium compounds such as calcium carbonate, calcium phosphate and calcium sulphate are widely distributed in nature. Calcium carbonate, CaCO3, forms a major constituent of the earths crust and occurs as massive beds of limestone, chalk and marble. It is the principal ingredient of egg-shells, molluse shells and corals. It is used in the agriculture, food, metallurgy, pharmacy, paper and printing industry, cosmetic industry etc. At present there are 13 units engaged in manufacturing of precipitated calcium carbonate. A basic unorganic chemical used in the manufacture of so many products and also in the cosmetics. Seeing the vast use of this compound, its demand is increasing day by day. So there is good future for existing as well as new entrepreneurs.
Plant capacity: 20 MT/DayPlant & machinery: Rs. 64 lakhs
Working capital: N/AT.C.I: Rs. 2 crore
Return: 81.00%Break even: 33.00%
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CAFFEINE FROM TEA WASTE - 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

Caffeine is widely used in pharmaceuticals as free base and mixtures, such as citrated caffeine’s caffeine and sodium benzoate. Tea waste or coffee beans, limewater and trichlorothylene are the starting raw materials for its manufacture. Tea waste contains 3-4 percent caffeine. Caffeine is very useful as stimulant of the central nervous system. It gives definite relief from fatigue and neuralgia. It is also used in headaches originating from eye strains. Its most important physiological action is that on the kidney causing an increased secretion of urine. Caffeine is the principal alkaloid constituent of tea, coffee and some other beverages. As the production of soft drinks increases the demand of caffeine is also likely to increase. Branded pocket teas, instant teas etc. are now the name of the game to boost sales and build up a strong brand loyalty. Tata tea dominates the sector with few foreign big holding in Assam and in the South. There is however no question this industry has a decisive future and a decisive hold on the rest of the plantation and export sectors. It can be concluded that there is a good scope for new entrepreneurs.
Plant capacity: 0.30 MT/dayPlant & machinery: Rs. 24 lakhs
Working capital: -T.C.I: Rs. 138 lakhs
Return: 45.00%Break even: 49.00%
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RUBBER ROLLER FOR PRINTING MACHINE - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Plant Layout

The rubber rollers used in printing machineries are of different sizes and as per requirement. These can be manufactured by using different dies and moulds. The raw material is rubber for rubber rollers. White and black type rollers are used in paper printing machinery. It depends on the colour of ink. Rubber rollers are mainly used in printing machinery of paper, textile mill, wax machines, tin printing, litho printing etc. Due to rapid development of printing industry there is a rapid growth of rubber rollers utilization proportionately. There is 5% growth rate of printing industry annually. So, the growth of rubber roller industry is also increasing at the same rate. The new comer can well venture in this field.
Plant capacity: 20 Pcs/DayPlant & machinery: Rs. 15 lakhs
Working capital: -T.C.I: Rs. 57 lakhs
Return: 48.00%Break even: 47.00%
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PECTIN FROM CITRUS, LEMON AND ORANGES - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Pectin is a naturally occurring substance present in all plant tissue, calcium pectin being present between the cell walls and serving as a strengthening or building agent. Pectin is a group of complex materials of very high molecular weight, which are able to form a gel in the presence of correct amounts of acidity and sugar. It is used in the manufacture of jam, jellies and candies. It is also used in glue and mucilage. It can be used to increase the foaming power of gases in water and also to glaze candied fruit. The pectin has a ready market in India at all the time. In India there are only 4-5 manufacturers. Enzo- Chem Laboratories being the chief producer. This firm is having its installed capacity of 5 tonnes. It is assumed that total production of pectin in the country is about 70-75 tonnes per year, while the production is little compared consumption, which is estimated to be around 180 tonnes per year. It will be profitable for the new entrants to invest in this project.
Plant capacity: 18 MT/DayPlant & machinery: 23 Lakhs
Working capital: -T.C.I: 119 Lakhs
Return: 52.00%Break even: 53.00%
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BIOGAS PRODUCTION - 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

An effective biogas programme leads to efficient use of cow dung for gas recovery and partial supplement to plant nutrient requirement. Biogas programme leads to improvement in rural living including rural sanitation. Biogas fermentation a process occurring widely in nature can be defined as a biological process, in which biomass or organic matter, in the absence of oxygen, is converted into methane and carbon dioxide. It is characterized by low nutrient requirement, low production of methane as a useful end product. Waste materials like cow dung, buffalo dung, horse dung, sheep droppings, camel dung, goat droppings, piggery waste and poultry droppings have been observed to exhibit varying gas production behavior. Poultry droppings have been found to be the quickest and the highest gas producing material, whereas the cow dung as the lowest. There is a good scope for new entrants to invest in this project.
Plant capacity: 450 KGS/dayPlant & machinery: Rs. 6 lakhs
Working capital: -T.C.I: Rs. 29 lakhs
Return: 40.00%Break even: 35.00%
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BAKERS YEAST - 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

There are two types of yeast as compressed yeast and dry yeast. It is convenient to use dry yeast powder for bakeries because it is handling is simple and its preservation easy. Yeast is a living organism, which requires warm with food and liquid so that it can live and reproduce. Bakers yeast can be used for making bread, biscuit and pasta etc. It can also be used for making alcohol from waste sugar, dried yeast, yeast capsules etc. The activity of compressed yeast is high but it cannot stand for long-time. The dry yeast having low activity and can be stored for more time. The total estimated production in India is about 22000 tonnes per year. While the consumption is about 27000 to 28000 tonnes in a year. To fill the demand gap of 5000 to 6000 tonnes between production and consumption, so few more industries are require.
Plant capacity: 5 MT/dayPlant & machinery: Rs. 292 lakhs
Working capital: -T.C.I: Rs. 535 lakhs
Return: 45.00%Break even: 47.00%
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ETHANOL FROM MOLASSES - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

In the earlier years, alcohol was mainly used for admixture with petrol and for potable purpose. Alcohol production was initially taken up with a view to utilized by-product molasses available from the sugar units. Now-a-days alcohol is used directly in the manufacture of several compounds such as either, ethyl acetate and other esters, acetic acid, acetone, chloral, chloroform etc. It is used in the manufacture of TNT and transparent soaps also. It is also employed for the extraction of essential oils and for the preparation of perfumes, essences and flavours. In India there are about 89 units engaged in the production of ethyl alcohol with an installed capacity of 5.34 lakhs kiloliters per annum. But the production is considerably lower than the demand. A new entrepreneur can well venture in this field.
Plant capacity: 40670 Gallons/DayPlant & machinery: Rs. 124 Crores
Working capital: -T.C.I: Rs.164 Crores
Return: 28.00%Break even: 57.00%
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Rectified Spirit - 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 Layout

Denatured spirit is the product of manufacture from ethyl alcohol or ethanol. The denatured alcohol are either completely denatured alcohol or specially denatured alcohol. Country liquor has been made from rectified spirit and is available at after double price. It is used in winter, summer and all seasons as a cheap and affordable intoxicant most by low & middle class people. Alcohol is used directly in the manufacture of several compounds such as either ethyl acetate and other esters, acetic acid, acetone, chloral, chloroform and inform. In Indian there are about 89 units engaged in the production of ethyl alcohol with an installed capacity of 5.34 lacs kiloliters per annum. But the production is considerably lower than the demand. The domestic country liquor market mostly accounted for by the unorganized sector, is the largest segment in alcoholic beverages sector. This is market is growing at about seven present annually and is expected to touch 300 million cases by 20/0. A new entrepreneur can confidently venture into this field.
Plant capacity: 4000 Bottles / dayPlant & machinery: 114 Lakhs
Working capital: -T.C.I: 2129 Lakhs
Return: 37.00%Break even: 42.00%
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Wine from Kinnow Fruits - 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

Kinnow has acquired commercial importance and popularity owing to its success under varied agro climatic conditions, response to inputs and high economic returns. Its unique features like gad tree vigor, high fruits yield, excellent fruits quality, higher juice and wider adaptability. The peel of kinnow fruit contains very high amount of flavonoids like naringin and neohesperdine, which makes them highly bitter. Kinnow fruit juice is alcoholated with 21 vol % ethanol to fix complex compounds of limonoids such as primary limonin, flavonoids and naringin and to remove a bitter taste in short time. Kinnow is most suitable fruit for making the wine. In India now demand of wine is increasing day by day. So there is good scope for new entrepreneur to enter in this field.
Plant capacity: 1500 KLs/AnnumPlant & machinery: Rs. 263 Lakhs
Working capital: -T.C.I: Cost of Project Rs. 845 Lakhs
Return: 43.00%Break even: 80.00%
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MEDICAL COLLEGE WITH HOSPITAL - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

A medical college is meant to impart education of medical field to students to qualify them as doctors in different specialized disciplines so as to treat patients suffering from various ailments. Doctors with their dedicated spirit serve the nation at large by providing medication and treatment for eradication of diseases which exchange health and add suffering to humanity. Normally a medical college is associated with a hospital. Hospitals provide the facilities of O.P.D. and admission for seriously ill, seriously injured, seriously burnt and pregnant ladies, causalities etc. In the very beginning, there was government owned hospitals where one had to pay no money for treatment. Then, a private ward facility was started in the hospitals. The patient had to pay rent for a private room while medicines and doctors were available free of cost. The private ward helped the patient to avoid the untidiness of a general ward and noise etc. The patients, who were in a position to afford the room rent, were admitted to private rooms. The Poor’s, however, got admission in rushed general wards. Increasing negligence by the doctors of these hospitals and the overcrowding in them gave opportunity to private hospitals to have a good business. No. of private hospitals began to come in light with all facilities for E.C.G.S, X-Rays, Laboratories, 24-hours emergency and admission facilities for ill persons, seriously injured and pregnant ladies. The medium class and high class families started preferring these private hospitals and nursing homes as one's life is considered to be much costly and expenses for treatment can be neglected. Presently, every city or town in India has no. of private hospitals furnished with latest medical facilities available and with more qualified surgeons, physicians and specialist doctors. Even sometimes, they are furnished with more modern machines than those available in the nearby Government Hospital. These hospitals can be seen well crowded as they provide very good service at a smile. As they are run by privates very good medical care is provided by them. A private hospital is a place where one may get treatment from ordinary fever to a major surgery operation. As a matter of fact, no limitation has been made for the facilities available in a hospital. However, generally all private hospitals are provided with latest facilities and ultra modern machines. In a hospital, surgeons, physicians, E.N.T., specialists, children specialist, Eye-surgeon, psychologists and sex-specialist are essential. So, Starting a medical college with hospital has good scope. Lot of students has ambition to take admission in medical colleges, but due to scare city of the seats they can not fulfill their dreams.
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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