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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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Gunny Bags - 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

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Plant capacity: 10000 Bags/DayPlant & machinery: Rs. 10 Lakhs
Working capital: -T.C.I: Rs. 133 Lakhs
Return: 64.00%Break even: 23.00%
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Pharmaceutical Tablets, Capsules, Liquid Oral, Ointment, Powder and Injection - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials

The Pharmaceutical Industry in general is well managed in sound economic principles and has excellent techniques of production, technological backing and good marketing techniques. Because of availability of good capital and profit, this industry showed a remarkable growth and also attracted highly qualified technical people with satisfactory salary. The formulations are available in three groups: 1. Powder 2. Tablets & Pills 3. Liquids Now-a-days we are producing almost all the drugs in the all three formulations. This industry is one of the most important industries for India. Drugs & pharmaceutical helps in controlling and at times eradicating diseases. It has facilitated in drastically contributed to the lessening of infant mortality rate and growth of life expectancy. It has assisted in raising the standard of living of the people. It is the fastest growing industry next only to Information Technology. Drugs and Pharmaceutical industry is sunrise industry governed by Research and Development. There is good future of existing as well as new entrepreneurs. Capacity : 15,00,000 Nos. Tablets/Annum 3,00,000 Nos. Capsules/Annum 3,00,000 Nos. Syrup in Bottle/Annum 3,00,000 Nos. Ointment in Tubes/Annum 3,00,000 Nos. Injections in Bottles/Annum 3,00,000 Nos. Dextrose Saline in PET Bottle/Annum
Plant capacity: -Plant & machinery: 43 Lakhs
Working capital: -T.C.I: Cost of Project : 125 Lakhs
Return: 43.00%Break even: 54.00%
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INSTANT TEA - 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

Instant tea is manufactured in a several countries but production and consumption in the United States is greater than in the rest of the world. The basic process for manufacture of instant tea as a soluble powder from dry tea leaf includes extraction, concentration and drying. It is an important fact to note here that the annual per capita consumption of tea in India is 0.5 kg. It is most widely used or consumed all over world. It is drunk by all classes of persons, whether labour or executives, housewife’s or working women, children or old persons. We can see tea stall at every place. At preset time, we cannot simply search out a person, who does not take tea. India is the leading producer of tea in the world. It claims 25 to 30% of the total production of tea in the world and almost 20 to 25% of the world exports. At present India claims 12% share in world exports in terms of value. Any entrepreneur may go into this field, will be successful.
Plant capacity: 1.00 MT / DayPlant & machinery: 134 Lakh
Working capital: -T.C.I: 310 Lakh
Return: 39.00%Break even: 41.00%
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CALCIUM CARBONATE FROM LIMESTONE (PRECIPITATED AND ACTIVATED) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Calcium carbonate occurs naturally as the principal constituent of limestone, marble and chalk. Powdered calcium carbonate is produced by two methods on the industrial scale. It is quarried and ground from naturally occurring deposits and in same cases beneficiated. Naturally ground calcium carbonate has been used for years as the primary constituent of putty. It is used for manufacturing of paints, rubber, plastics, paper, ceramics, putty, polishes, insecticides, ink, shoe dressing etc. The calcium carbonate industry is one of the most competitive of the industrial minerals industry. The market for five products is estimated to be between 10-12 million tonnes annually and precipitated calcium carbonate in toothpaste industry, plastic, construction, pharmaceutical industry, cement and rubber industry. All the industries growth rates more than 10-15%, on that basis it can be predicted that calcium carbonate has demand growth more than 15% per annum. So there is good scope of new comer.
Plant capacity: 300 MT / DayPlant & machinery: 12 Crores
Working capital: -T.C.I: 29 Crores
Return: 85.00%Break even: 28.00%
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ORGANIC FERTILIZER (IN SOLID AND LIQUID FORMS) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Like human beings, plants too need the right kind and amount of food for their growth and development. But unlike man, plants cannot move around to collect their food. They have to synthesize their own food. To synthesize their food, plants require nutrients in addition to light, heat, air and water. Organic fertilizer is used to produce the tasteful crops. It will help to produce the balanced amount of crops. It is also used for special type food products. It helps prevent erosion and bacterial growth. To meet the increasing demand for food grains, it is necessary to sustain the fertility of the soil. Fertilizers contain plant nutrients in readily available form. They can meet the pure of nutrient requirement by the plant. A new entrepreneur can confidently venture into this field.
Plant capacity: 40 MT / DayPlant & machinery: Rs. 155 Lakhs
Working capital: -T.C.I: Rs. 410 Lakhs
Return: 83.00%Break even: 31.00%
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MIXED FERTILIZER (FROM ORGANIC WASTE) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Mixed fertilizer is a mixture of balance bio-fertilizer and balance in organic fertilizer like DAP and potassium nitrate. There are varieties of use of mixed fertilizer. There are many private organizers and few organized manufacturers are available in India, who are manufacturing different variety of fertilizer. Demand of mixed fertilizer gradually increases due to increase of organic farming. It is mixed with balanced minerals, which is required for the plant growth. It has no bad effect on the soil after use in future. It is mostly neutral in nature. On the global scene, the Indian fertilizer industry has a predominant presence. India accounts for 50% of the world import of this input. Over the years, the Indian industry has shown significant improvement in performance levels. It can claim to be one of the most efficient in the world. There is a great scope to invest into this project.
Plant capacity: 500 Kg. / DayPlant & machinery: 1 Lakh approx.
Working capital: -T.C.I: 14 Lakh approx.
Return: 36.00%Break even: 51.00%
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LADIES UNDER GARMENTS (Bra & Panties) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Hosiery industry is an ancient industry in the field of textile industry having very good potential in domestic market and also in the export market. There is increasing market demand for hosiery undergarments for its various advantages. Cotton undergarments are widely used by all classes of people because of its good absorbency, cheaper prices and ready availability. These foundation garments are used by the people throughout the year under different climatic conditions. It is presumed that there will be no problem in marketing of knitted undergarments of good quality. Ladies inner wear (Bra and panties) is the highest growing apparel item across all income groups and exclusive boutiques have popped up in all places. Nothing cramps the style faster than ill-fitting and uncomfortable undergarments. Thus, inner wear are not only made attractive, but also comfortable and practical. Top stylists unchain their creativity by inventing fabulous new forms and materials which make ladies inner wear even more sexy, eccentric and wild, without leaving out elegance. There has been an increase in demand for innovative, comfort-oriented undergarments and lately, many women are forgoing those fussy lingerie designs for simple, uncomplicated ladies undergarments. In addition to keeping outer garments from soiling, ladies inner wear are worn for a variety of reasons: warmth, comfort and hygiene being the most common.
Plant capacity: 1000 Nos / DayPlant & machinery: 3 Lakhs
Working capital: -T.C.I: 40 Lakhs
Return: 46.00%Break even: 46.00%
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WINE FROM GRAPES - 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

Wine is an alcoholic beverage made from the fermentation of grape juice. The natural chemical balance of grapes is such that they can ferment without the addition of sugars, acids, enzymes or other nutrients. Although other fruits such as apples and berries can also be fermented, the resultant "wines" are normally named after the fruit from which they are produced (for example, apple wine or elderberry wine) and are generically known as fruit or country wine. Others, such as barley wine and rice wine (e.g. sake), are made from starch-based materials and resemble beer more than wine, while ginger wine is fortified with brandy. In these cases, the use of the term "wine" is a reference to the higher alcohol content, rather than production process. The commercial use of the English word "wine" (and its equivalent in other languages) is protected by law in many jurisdictions. Wine is produced by fermenting crushed grapes using various types of yeast which consume the sugars found in the grapes and convert them into alcohol. Various varieties of grapes and strains of yeasts are used depending on the types of wine produced. Wine is one of the largely suitable alcoholic beverages, which is generally manufactured by fermentation of grape juice. Matured ripe grapes are the basic raw materials. Wine is used as drinking purpose for special type alcoholic beverages in parties or any special social function. It can be used as tonic for the weak health people. There are few well-organized companies engaged in the production of wine. There is also entry of European countries wine in Indian market to compete with the Indian brand. It has good market demands. There is about 20% to 30% demands of wine full filled by importing. Around 200 distilleries are in the production of different types of alcoholic products in the country. Among the various IMFL products whisky occupies the prominent position with a market share of above 50%. There is a good scope for new entrants.
Plant capacity: 9,00,000 Ltrs./ AnnumPlant & machinery: 237 Lakhs
Working capital: -T.C.I: Cost of Project : 555 Lakhs
Return: 43.00%Break even: 49.00%
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EXTRACTION OF SPICE OLEORESIN (Chilly)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Chilly is available in throughout India. It is one of the abundantly domestically used as well as commercially used spices. For extraction of chilly oil and oleoresin, there will be use of solvent extraction process or steam distillation process. Chilly is an important cash crop in India. Its annual production is 8.4 lakh tonnes out of which only 10% is being exported to other nations. Spice oils and oleoresins serve as an alternative to whole and ground spices. On addition of oleoresins, all the flavour components of the spices are released in the food. It can be used in the medicinal purpose, aromatherapy, preparation of derivatives of essential oils and oleoresin etc. India is the largest producer and consumer of spices in the world. The present production of spices is around 2700 lakh tonnes per annum, which accounts for 30% of the world production. As a whole manufacturing of spice oleoresin is a good business, which has bright scope in our country as well as in the export market.
Plant capacity: Chilly Oleoresin ” 9 MT / Annum, Chilly Oil ” 2.16 MT / Annum, Ground Chill Powder ” 58.50 MT / AnnumPlant & machinery: 137 Lakhs
Working capital: -T.C.I: Cost of Project : 274 Lakhs
Return: 38.00%Break even: 46.00%
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INFORMATION TECHNOLOGY (I.T.) Training Centre - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Information technology is a rapidly changing industry. With constant hardware and software changes, the I.T. Industry is highly volatile. The changes in technology and the adaptation of new technology by the industry have led to continuous change in manpower skills requirement. A recent industry study conducted by NIIT among leading companies shows that an individual with strong foundations will be able to adapt to new and changing technologies very effectively and quickly. If software and services market in India continued to be driven by exports. According to leading global business intelligence analysts, the off shore out sourcing market, is expected to witness substantial growth over the next few years. Supply side factors indicate that India will continue to have a significant pool of tech-ready and tech-trainable students over the next few years. There is a good scope for new entrants.
Plant capacity: -Plant & machinery: 14 Lakhs
Working capital: -T.C.I: 2 Crores
Return: 46.00%Break even: 42.00%
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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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