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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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Dairy Products & Milk Packaging in Pouches - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Dairy products are basically based on Milk. India ranks next only to USA & USSR in world milk production. There are a number of dairy products like butter, cream, cheese, Khoya, Paneer, flavoured milk etc. There is always a greater demand for milk and dairy products among people. Ghee and butter are used for ice-cream manufacture, as cooking fat, in the confectionery industry etc. Paneer is consumed directly and in hotels and restaurants. There is huge market for Indian milk products. Key concern for setting up a dairy plant would be regular and timely supply to the market, consistency in quality and reasonable pricing arer all essential to build up a strong market and brand equity.
Plant capacity: 600 Kgs / DaysPlant & machinery: Rs. 65 Lakhs
Working capital: Rs. 361 LakhsT.C.I: Rs. 531 Lakhs
Return: 62.69%Break even: 29.48%
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Bread Making Plant - 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 modern days bread is now becoming one of the most essential food item in human diet due to its ready made availability and high nutritive value. It is the most consumable wheat based bakery product. Wheat flour, yeast, sugar, salt, water and shortening agent are required as raw materials to manufacture bread. The plant and machinery and the technology required to manufacturing the bread, are completely available in India. Since the consumption of bread is increasing rapidly day by day, the demand also is increasing enormously. So, though there are a lot of organized as well as private sector existing, but the demand will not meet totally by them in near future. So, for new entrepreneur, it may become very good sector for investment.
Plant capacity: 5000 Packets/DayPlant & machinery: Rs. 12 Lakhs
Working capital: Rs. 11 LakhsT.C.I: Rs. 36 Lakhs
Return: 13.53%Break even: 80.44%
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Canning of Fruits (Pine Apples slices, Litchee, Cherries, Straw berries in syrup)-Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility

The present level of annual production of fruits in India is about 60 million tones. Hardly 20% of the fruits produced in the country are used for processing for their consumption in the off-season as also for export. Hence there is a vast potential of this industry to develop which will go a long way to improve the national economy.
Plant capacity: 5000 Cans/dayPlant & machinery: Rs. 32.00 Lacs
Working capital: N/AT.C.I: Rs. 32.00 Lacs
Return: 59.00%Break even: N/A
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Poha (Rice Flakes)- 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

Poha or rice flakes are basically breakfast food. Rice flakes are derived from paddy, which is partially precooked and converted into form of flat flakes. Rice flakes have very good shelf life. It is a nutritive product as no polishing is done on rice. It has medium thickness and crisp texture. Poha is cheap and convenient breakfast foods. It is becoming popular in other parts of the country besides Western India. Rice flakes are consumed after frying it with ground nut or directly demand besides in hotels and restaurants. Poha based diet can also be introduced in the midday meal programme being run by government for school children. Any new entrepreneur can enter in this field.
Plant capacity: 10 Tonnes/DayPlant & machinery: Rs. 21 Lakhs
Working capital: Rs. 82 LakhsT.C.I: Rs. 141 Lakhs
Return: 66.58%Break even: 45.00%
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Corn Flakes in Various Shapes & Design - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

It is basically maize flour base enriched nutrition?s food. It is made by using cooked maize flour in the flakers to produce corn flakes. It is largely used as ready to eat food. Basic plant and machinery required flakers, cooking unit, boiler, packing machine. There are few ingrained sector manufacturing corn flakes in india.
Plant capacity: 1 MT Corn Flake/DayPlant & machinery: Rs. 10 Lacs
Working capital: Rs. 12 LacsT.C.I: Rs. 35 Lacs
Return: 40.00%Break even: 45.00%
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Mineral Water - 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

The mineral water is one of the important items, which is directly consumed by people all over the world. Mineral water is bottled under very hygenic conditions under strict quality control being market. Its major use in 5 star hotels and hospitals where good quality pure water is required for potable purposes. The consumption of mineral water gradually increase in India due to shortage of pure hygenic water. The mineral water is consumed by tourists. Now there is increase of tourist came in our country increase by 8-10%, even some peak season they are increase more than 15%. There is good prospect of mineral water industry. The new entrepreneur can well venture in this project.
Plant capacity: 10,000 Litres/DayPlant & machinery: Rs. 60.0 Lacs
Working capital: Rs. 48 LacsT.C.I: Rs. 170 Lacs
Return: 32.28%Break even: 33.76%
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Food Colours - 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

Colouring of food can render it appealing in appearance. Food colours have been utilized since time immemorial. Besides this, colouring agents can also enhance the flavour of the food. An important reason for adding colours to processed foods is that finished product may have different colours when made byraw material from different regions or different times. To standardize the appearance, colours are added. Food colours may be synthetic or of natural origin. As the food industry is growing with a good pace, demand of food colours is also expected to rise.
Plant capacity: 500 Kg/DayPlant & machinery: Rs. 24.20 Lacs
Working capital: Rs. 28.81 LacsT.C.I: Rs. 54.51 Lacs
Return: 1.00%Break even: 73.41%
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Honey Processing Plant - 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 India there is a growing awareness of the nutritional, medicinal and industrial uses of honey. Consequently, demand for pure and good quality honey is increasing. In view of this a trend is fast developing to install honey-processing plants by entrepreneurs as well as public institutions. Production of honey has gone up from about 8000 MT in 1996 to about 11000 MT in 1999. Apiary honey produced in coastal areas or tropical humid regions has a high moisture percentage. The demand of honey is increasing day by day. The new entrepreneur may enter in this project.
Plant capacity: 100 Kg/DayPlant & machinery: Rs. .42 lakhs
Working capital: Rs. 8.00 lakhsT.C.I: Rs. 20.00lakhs
Return: 16.44%Break even: N/A
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Chocolates - 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

Chocolates is the favourite item of children. Chocolates and Cocoa products supply proteins, fats, Carbohydrates, Vitamins and Minerals. It?s primary feature is solid at room temperature and yet melt rapidly in the mouth a 37?C giving a liquid with appears smooth to the tongue. If production costs of Cocoa are reduced, there is good export potential on this front. The increasing Craze and demand for Chocolate, not only in children but the adults as well, surely provides the investor , a good market potential in the field.
Plant capacity: 15000 Kgs/AnnumPlant & machinery: Rs. 4 Lakhs
Working capital: -T.C.I: Rs. 45 Lakhs
Return: 47.68%Break even: 44.00%
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Egg Powder - 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

Egg powder is consumed on a large scale in food processing industries, specially in the developed countries like Europe, USA, Japan. The Indian egg powder manufacturing plant are on their way to the Board for Industrial and Financial Reconstruction (BIFR). The global egg powder market has been traditionally dominated by European markets. India commenced export of this product around three year ago. Demand for Indian egg powder had increase abundantly. The new entrepreneur take care about good quality raw materials, than he will get good market.
Plant capacity: 36 Ton/DayPlant & machinery: Rs. 750.0 Lakhs
Working capital: Rs. 941 LakhsT.C.I: Rs. 2104.0 Lakhs
Return: 77.98%Break even: 28.24%
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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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