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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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Bio-Degradable Plates From Areca Nuts Tree Leaf, Barks and Bamboo

Areca Leaf Plates are made from areca leaf, which are eco friendly and sanitized, Manufacturing in high Quality in various standard designs in products range and can be exclusive designs based on the customer reference of shapes and sizes. The areca palm tree leaves are fresh in nature, thick, which is non-toxic, free from any chemicals and pest. The global disposable plates the market is expected to reach a value exceeding US$ 117 Billion by 2023, exhibiting a CAGR of more than 2% during 2018-2023. Disposable Plates Market is projected to grow at a CAGR of 5.9% during The Forecast Period 2017–2027. As a whole any entrepreneur can venture in this project without risk and earn profit.
Plant capacity: Bio-Degradable Areca Leaf/Barks/- Bamboo Plates (Size 10"/12"): 1600 Pkts/Day Bio-Degradable Areca Leaf/Barks/- Bamboo Plates (Size 6"): 1600 Pkts/DayPlant & machinery: 206 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1049 lakhs
Return: 21.00%Break even: 48.00%
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E-Waste Recycling for Extraction of Precious Metals (Nickel, Tin & Zinc), Gold, Silver, Palladium, Plastic, Glass and Copper

E-WASTE is a collective name for discarded electronic devices that enter the waste stream from various sources. It includes electronic appliances such as televisions, personal computers, telephones, air conditioners, cell phones, electronic toys, etc. The Electronics Recycling operates to the WEEE directive for efficient electronics disposal. The WEEE Directive aims to reduce the quantity of waste from electrical and electronic equipment and increase it’s re-use, recovery and recycling. India’s ‘production’ of e-waste is likely to increase by nearly three times, from the existing 18 lakh metric tons (MT) to 52 lakh MT) per annum by 2020 at a compound annual growth rate (CAGR) of about 30%. A mere 1.5% of India's total e-waste gets recycled. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: Plastic Granules: 141000 Kgs./Annum Glass Scrap: 105900 Kgs./Annum Copper Scrap: 88200 Kgs./Annum Precious Metals (Nickel, Tin & Zinc): 18000 Kgs./Annum Gold: 5.760 Kgs./Annum Silver: 11.520 Kgs./Annum Palladium: 0.2Plant & machinery: 106 lakhs
Working capital: -T.C.I: Cost of Project: Rs 190 lakhs
Return: 26.00%Break even: 72.00%
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Toffee (Confectionery Industry)

Candy, also known as sweets, toffies or lollies, is a sweet treat or a confection made with sugar or sugar substitutes like chocolates, combined with additives like fruits, nuts, etc. or a piece of such confection. Unlike a cake or a chocolate bar or a loaf of bread that can be shared among many people candy is usually made in smaller pieces. The definition of candy also depends upon people on how they treat the food. Unlike sweet pastries that are served as a dessert course at the end of the meal candies are often eaten casually as a mouth refreshment or between meals. Global Confectionery Market size was valued at $184,056 million in 2015, and is expected to reach $232,085 million by 2022, supported by a CAGR of 3.4% during the forecast period 2016 - 2022. Confectionery market comprises array of food products such as chocolates, raw pastes, and various sugar-based products. In addition, it includes therapeutic and dietetic confectioneries that differ in formulations from traditional confections. Product innovation in terms of formulations, processing, and packaging is the major factor that drives the growth of the confectionery industry. Moreover, retail market expansion and economic growth in advanced & emerging economies supplement the market growth. Asia-Pacific confectionery market showed the highest growth rate in 2015. Product portfolio extensions and new brand launches from established players are significant factors that fuel the market growth in Asia-Pacific. Key players in the region largely invest on advertising campaigns and marketing to enhance their brand recognition and influence in the confectionery industry. Ferrero China Ltd., a confectionery company promotes its products as gifts for weddings and other occasions. Fluctuation in prices of raw materials, growth in health awareness among consumers about sugar intake, and diverse consumer spending habits limit the confectionery market growth. Rise in demand for low-calorie, organic, sugar-free and functional products provide lucrative growth opportunities to the confectionery industry.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Powder Coating

Powder coating is a type of coating that is applied as a free-flowing, dry powder. The main difference between a conventional liquid paint and a powder coating is that the powder coating does not require a solvent to keep the binder and filler parts in a liquid suspension form. The coating is typically applied electrostatically and is then cured under heat to allow it to flow and form a "skin". The powder may be a thermoplastic or a thermoset polymer. It is usually used to create a hard finish that is tougher than conventional paint. Powder coating is applied as a free-flowing powder in a completely dry form. Think of it as paint with the solvent part removed. The coating is applied electrostatically and then cured under heat which causes it to form a kind of “skin.” Usually powder is used to coat metals, but there are a number of potential applications. Powder coating is becoming one of the most wanted surface finishing techniques now a days. The definition of powder coating is the process of applying dry paint to a part. In comparison to normal wet painting such as house paints, the solids are in suspension in a liquid carrier, which must evaporate before the solid paint coating is produced. Powder coating is a term used to describe a particular finish or base. It starts out as a fine powder. This powder consists of finely ground particles of pigment and polymer resin. After application to a surface, the powder is chemically altered with heat to create a finishing film. Powder Coatings Market is expected to garner $12,332 billion by 2022, registering a CAGR of 6.3% during the forecast period 2014-2022. Powder coatings in appliances application segment occupied the major share in 2015 and is expected to maintain its lead throughout the analysis period. Powder coatings provides economical, long lasting, and durable quality finish for metal parts and products.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Coconut Water

Coconut water, less commonly coconut juice, is the clear liquid inside coconuts (fruits of the coconut palm). In early development, it serves as a suspension for the endosperm of the coconut during the nuclear phase of development. As growth continues, the endosperm matures into its cellular phase and deposits into the rind of the coconut pulp. The liquid inside young coconuts is often preferred to the liquid of a ripened coconut. Naturally refreshing, coconut water has a sweet, nutty taste. It contains easily digested carbohydrates in the form of sugar and electrolytes. Coconut water is the clear liquid found inside immature coconuts. As the coconut matures, the water is replaced by coconut meat. Coconut water is sometimes referred to as green coconut water because the immature coconuts are green in color. It is generally consumed as a beverage mostly in tropical region as it keeps hydrated. It is sweet in taste and is consumed as a refreshing drink. Organic coconut water is natural isotonic beverage which is low in fat and calories. Organic coconut water contains less quantity of chemicals and is healthy for consumption as it contains electrolytes.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Electric Fan

A fan is a powered machine used to create flow within a fluid, typically a gas such as air. A fan consists of a rotating arrangement of vanes or blades which act on the air. The rotating assembly of blades and hub is known as an impeller, a rotor, or a runner. Usually, it is contained within some form of housing or case. This may direct the airflow or increase safety by preventing objects from contacting the fan blades. Most fans are powered by electric motors, but other sources of power may be used, including hydraulic motors, handcranks, internal combustion engines, and solar power. Electric fans circulate air by using electricity to spin a rotor shaft attached to the fan blades. Wires wrapped around magnets inside the fan motor's housing carry electric current, turning the magnets into powerful electromagnets. India electric fans market is projected to surpass $ 2 billion by 2023. Growing presence of organized retail outlets, increasing spending power and rising preference for online sales platform and modular homes is expected to boost demand for electric fans in India over the coming years.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Electric Geyser

The geyser consists of a water tank fitted with two pipes – one for inlet of cold water and the other for outlet of hot water. The water tank is fitted with heating elements which are controlled by thermostats. The thermostats ensure that water is not heated above a set temperature value. The tank is normally covered with some insulating material and enclosed inside a metal casing. Water heating is a heat transfer process that uses an energy source to heat water above its initial temperature. Typical domestic uses of hot water include cooking, cleaning, bathing, and space heating. In industry, hot water and water heated to steam have many uses. India water heater market projected to surpass $ 600 million by 2023. Growth in the market is led by increasing number of new residential units and other construction activities coupled with rising per capita disposable income. Moreover, improving standard of living, technological advancements, and rising demand for low-cost and efficient water heaters is further expected to propel growth in India electric water heaters market over the next five years. Electric water heaters are currently one of the most popular water heaters among consumers globally. Though the global electric water heater market is moving towards maturity, continuous innovation on the part of manufacturers is driving the growth in the global electric water heater market.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Hoses (Air-Based-Welding Hoses & Pesticides Spray Pipe)

Hose is a flexible hollow tube designed to carry fluids from one location to another. Hoses are also sometimes called pipes (the word pipe usually refers to a rigid tube, whereas a hose is usually a flexible one), or more generally tubing. The shape of a hose is usually cylindrical (having a circular cross section). Hose design is based on a combination of application and performance. Common factors are size, pressure rating, weight, length, straight hose or coil hose, and chemical compatibility. A hose is a long, flexible pipe made of rubber or plastic. Water is directed through a hose in order to do things such as put out fires, clean cars, or water gardens. Global Industrial Hose Assemblies market is driven by increasing construction, mining, agricultural and several other industrial activities that have led to improved demand for fluid transfer and handling equipment. One of the highlights of using Industrial Hose Assemblies in such applications is their capability to deliver or transfer the material with higher efficiency indirectly providing cost-effective solutions.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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PVC Stabilizer (Lead Stearate & Calcium Stearate)

Stabilizers are a class of chemical additives commonly added to polymeric materials, such as plastics, to inhibit or retard their degradation. Polymers can be subject to various degradation processes, including oxidation, UV-damage, thermal degradation, ozonolysis, or combinations thereof like photo-oxidation. These processes all degrade the polymer on a chemical level, leading to chain scission that can adversely affect its mechanical properties such as strength and malleability, as well as its appearance and colour. PVC Stabilisers are added either directly into PVC or in combination to prevent oxidation, chain scission, uncontrolled recombination, and cross-linking reactions caused by photo oxidation. Essentially, they protect PVC from the harmful effects of extreme temperature and ultraviolet radiations. PVC Stabilisers are of different types like Heat Stabilisers which are mainly used in Construction projects. The global PVC stabilizers market is estimated to register a CAGR of 5.90% during the forecast period, 2018-2023. Asia-Pacific is expected to dominate the market among other regions, supported by the growing automotive & electronics industry in countries, like China and India. Building & construction is expected to dominate the consumption of PVC stabilizers through the forecast period. Polyvinyl chloride (PVC) is one of the most important commercial plastic materials, but it is thermally unstable at processing temperature and hence, the processing of PVC at elevated temperatures requires the use of stabilizers. PVC stabilizers are used in various PVC applications such as pipes & fittings, window profiles, rigid & semi-rigid films, wire & cables, coatings & flooring, and others. PVC pipes & fittings application is the largest market for PVC stabilizers globally.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Flexible Polyurethane Foam

Flexible polyurethane foam (FPF) affects our lives in many ways and new applications are rolling out on a regular basis. It is used as cushioning for a wide variety of consumer and commercial products including furniture, carpet cushion, transportation, bedding, packaging, textiles and fibers. FPF usage consists mostly of slabstock, which is used primarily for carpet cushion and furniture. Polyurethane foam articles without even noticing. Its applications are virtually endless, ranging from small but essential items such as sponges in the kitchen, medical dressings to large filters and soundproofing systems that keep our environment clean and quiet. Polyurethane is a leading member of the wide-ranging and highly diverse family of polymers or plastics. Flexible polyurethane foam is foam that is flexible (bendable and compressible) made of polyurethane. Polyurethane (PUR) is a polymer, linking carbamate molecules in chains which are cross-linked into three-dimensional webs. The growth of the polyurethane foam market in North America is mainly driven by the increasing demand for flexible polyurethane foam from end-use industries in this region. Moreover, there is a significant demand for polyurethane foam for specific applications, such as automotive seating and customer needs. The growth of the polyurethane foam market is primarily driven by the rising demand for polyurethane foam from the bedding & furniture and building & construction industries and ongoing urbanization in the Asia Pacific region. The unique properties of polyurethane foam are projected to drive the demand for polyurethane foam across the globe. In building & construction industry, polyurethane foams find promising application in insulated panels, wall and roof insulation, and for doors and windows gap fillers. Versatility, energy efficiency, thermal/mechanical performance, and environmental savings characteristics of polyurethane foams making it an ideal material for this industry. The global flexible polyurethane foam market is expected to grow at a CAGR of almost 8%, during the forecast period. Flexible polyurethane foams are light, durable and comfortable and can be molded into different shapes. They resist mildew and are hypoallergenic. Cushioning made of flexible polyurethane foam is resilient, durable and strong and it absorbs energy.
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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