Best Business Opportunities in Mizoram- Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Projects

Mizoram is a state of India. It is located in the northeastern part of the country and is bounded by Myanmar (Burma) to the east and south and Bangladesh to the west and by the states of Tripura to the northwest, Assam to the north, and Manipur to the northeast. The capital is Aizawl, in the north-central part of the state. Agriculture is the dominant economic activity of Mizoram, engaging more than two-thirds of the workforce. Two types of agriculture are practiced: terrace cultivation, in which crops are planted on relatively permanent, graduated terraces on the sides of hills and mountains to conserve water and reduce soil loss; and shifting agriculture, in which tracts called jhum are cleared by burning, cultivated for a limited period of time. Mizoram has a population of 1,091,014 with 552,339 males and 538,675 females. This reflects a 22.8% growth since 2001 census; still, Mizoram is second least populated state of India. The sex ratio of the state is 976 females per thousand males, higher than the national ratio 940. The density of population is 52 persons per square kilometer. Mizoram gross state domestic product (GSDP) in 2011-2012 was about 6991 crore (US$1.1 billion). The state's gross state domestic product (GSDP) growth rate was nearly 10% annually over 2001-2013 period. With international borders with Bangladesh and Myanmar, it is an important port state for Southeast Asian imports to India, as well as exports from India.

TOURISM

Mizoram, the Land of the Highlanders, is sandwiched between Myanmar, Bangladesh and the states of Tripura, Assam and Manipur. The rivers, peaks, plains and the lakes are the treasures of Mizoram. It is full of high ranges running from north to south covered by greenery throughout the year. The Mizoram State Government begins to recognize tourism as an important sector of the economy which needs to be developed for greater income generation. More emphasis on sustainable eco-tourism, adventure tourism, village tourism and rural tourism would bring in high - value tourism. With the increase of tourist the need for budget hotels has been acutely felt.

Tourism has emerged as an important economic activity and one of the fastest growing industries in the world. Globally, Tourism is the fastest growing industry and in terms of value, it comes third only after petroleum and Transport Industry.

As such, Tourism Department in Mizoram is also one of the fastest growing Departments in Mizoram. The Department has achieved these objectives by constructing Tourist Lodge, Tourist Resort and other Tourist amenities in difference places of Mizoram through liberal financing of Ministry of Tourism, Government of India.


INDUSTRIAL POLICY

The Industrial Policy of Mizoram State was first notified on 15.3.1989 to give direction to the strategy for Industrial development of the State. It laid stress on reducing shifting cultivation by encouraging a shift from primary to secondary sectors while protecting the Socio-Cultural and ethnic identity of the indigenous enterprise of Mizoram.

In view of the National Industrial Policy which laid special emphasis for the development of Industries in the North Eastern Region, the Govt. of Mizoram had notified new Industrial Policy 2000 for accelerated Industrial and Economic development of the State. The Government had adopted the approach for identification of thrust areas and promoting them with fiscal and other incentives packages. Broad policy of Foreign Direct Investment (FDI) and Investment from outside the State has been adopted on Joint venture (JV) mode to safeguard the interest of the tribal population of Mizoram. Various administrative support system and market support system are also announced. The Govt. of Mizoram is mandated in giving sustainable employment and introducing better utilization of land by introducing New Land Use Programme (NLUP).

OBJECTIVES

•        To create infrastructure facilities, provide incentives and marketing as well as technical support to industries.

•        To provide skill development and training for educated youth to develop entrepreneurial skills and make them self-employed.

•        To create employment opportunities particularly to the vulnerable section of the society and people in rural area, ensuring inclusive development.

•        To reduce sectoral and regional imbalance in the industrial development in the State by promoting Industries under all sectors.

•        To create proper linkage of processing Industries with the farm produce of agriculture, horticulture, forest and livestock’s.

•        To attract investment in the state.

IDENTIFICATION OF THRUST AREAS

Thrust will be given for those industries based on value addition of locally available resources. Special incentives will be formulated for speedy development of industrial units engaged in any of the following thrust sector Enterprises.

•        Forest-based Industries

The vast bamboo and other forest resources of Mizoram will be optimally harvested for setting up of Industry for manufacturing of various high value bamboo and other forest based products.

•        Food Processing Industries

Primary production of various food items, whether agricultural based, horticultural or livestock based will be linked with processing Industries.

•        Handloom Industries

Handloom sector will continue to receive serious attention of the Govt. Utmost importance will be given for improving quality product by introducing improved design, packaging, branding.

•        Handicraft Industries

The traditional skill of Mizo people will be upgraded and diversified for market competitiveness of handicraft products.

•        Plantain fibre and hill brooms

The Govt. will encourage value addition of hill-brooms. The flow of raw and unprocessed broom outside the state will be discouraged by giving attention towards value addition to help local industry.

•        Textile related industries

Bulk production of readymade garments will be encouraged as this sector is having good potential for market outside the state and export.

•        Animal Feed and poultry feed Industries

The Government is giving thrust towards having sufficient meat and meat products for which farming has been encouraged.

INCENTIVES

The incentives offered under the Rules for the grant of incentives/subsidies under the Industrial Policy of Mizoram State are-

•        Subsidies on the cost of Project Report 

•        Land subsidy

•        Factory rent subsidy

•        Manpower development subsidy

•        Interest subsidy

•        Power subsidy

•        Subsidy on Power Line 

•        Subsidy on Power Generating set

•        State Transport subsidy on Plant and Machinery 

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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.

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Baker’s Yeast

Baker's yeast is the common name for the strains of yeast commonly used as a leavening agent in baking bread and bakery products, where it converts the fermentable sugars present in the dough into carbon dioxide and ethanol. Yeast is single-celled fungi. As fungi, they are related to the other fungi that people are more familiar with, including: edible mushrooms available at the supermarket, common baker’s yeast used to leaven bread, molds that ripen blue cheese, and the molds that produce antibiotics for medical and veterinary use. The scientific name for the yeast that baker’s use is Saccharomyces Cerevisiae, or “sugar-eating fungus”. 100% pure Saccharomyces cerevisiae yeast cultured on sugar cane molasses under carefully controlled and sanitary conditions. After fermentation, the yeast is collected and dried using special spray dryers, which preserve the full and unaltered protein, mineral and vitamin content of pure yeast. Global Forecast to 2022", the yeast market was valued at USD 3.23 Billion in 2016 and is projected to reach USD 5.40 Billion by 2022, at a CAGR of 9.0% from 2017 to 2022. The market is driven by factors such as the growth of the bakery industry, increasing demand for convenience food, and increasing demand for bio-ethanol as a fuel. Yeasts are used in the food industry for many applications such as soups, sauces, broths and gravies, snack seasonings, ready-to-eat meals, processed fish, meat and analogs, dairy, bakery, beverages, and dietary supplements. We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • A B Mauri India Pvt. Ltd. • Agya Imports Ltd. • Aryan Enterprises Pvt. Ltd. • Kerry Ingredients India Pvt. Ltd. • Kohinoor Foods Ltd. • Kothari Fermentation & Biochem Ltd.
Plant capacity: Baker's Yeast Cream:7000 Kgs/day Baker's Yeast Powder:3000 Kgs/day Plant & machinery: 522 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1101 lakhs
Return: 28.00%Break even: 51.00%
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PVC Pipes

PVC pipes are produced by extrusion process followed by calibration to ensure maintenance of accurate internal dia with smooth internal boxes. These pipes generally come in lengths of 6 meters. A wide range of injection moulded fittings, including tees, elbows, reducers, caps, pipes saddles, inserts and threaded adaptors for pipe sizes 15-150 mm are available. The PVC pipes are much lighter than cast iron or A. C. pipes. Because of their lightweight PVC pipes are easy to handle, transport, and install. PVC pipes have elastic properties and their resistance to deformation resulting from earth movements is superior compared to conventional pipe materials especially asbestos. Thermal conductivity of PVC is very low compared to metals. PVC pipes are available in sizes of outer dia 20, 25, 32, 50, 63, 75, 90, 110, 140, 160, 250, 290, 315 mm at working pressure of 2, 5, 4 and 6, 10 Kg/cm2. The demand estimates for all polymers including engineering polymers was envisaged to increase from 7.5 mn tonne in 2006-07 and to 9.5 mn tonne in 2009-10. It was projected at close to 14 mn tonnes in 2014-15. India is one of the fastest growing polymer market in the world, and is expected to become the world's third largest polymers market, with a consumption of 12.5 mn tonne, after the US and China, by 2010. At present, the US is the largest market in the world consuming 27.3 mn tonne of polymer products. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian major players are as under • Ajay Industrial Corpn. Ltd. • Anant Extrusions Ltd. • Apollo Pipes Ltd. • Ashirvad Pipes Pvt. Ltd. • Ashish Polyplast Ltd. • Captain Pipes Ltd.
Plant capacity: PVC Pipes ( Different Size):6000 Meters/ dayPlant & machinery: 73 lakhs
Working capital: -T.C.I: Cost of Project: Rs 434 lakhs
Return: 28.00%Break even: 55.00%
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Pipe Bond (PVC, UPVC & CPVC) with Thinner, Rosin & Phenyl Manufacturing

A thinner is a solvent used to thin oil-based paints or clean up after their use. Commercially, solvents labeled "Paint Thinner" are usually mineral spirit shaving a flash point at about 40 °C (104 °F). Rosin, also called colophony is a solid form of resin obtained from pines and some other plants, mostly conifers, produced by heating fresh liquid resin to vaporize the volatile liquid terpene components. It is semi-transparent and varies in color from yellow to black. White phenyl (sometimes written as phenyl) is a disinfecting agent made from pine oil. It is made by using an emulsifier- a compound that allows an oil to stably make a solution with water. Chlorinated polyvinyl chloride (CPVC) pipe and fittings are rapidly growing in popularity in both corrosive and high-temperature applications. CPVC piping systems can be joined using flanging, threading or mechanical joining. The size of the Indian paint market is expected to reach Rs.708.75 billion by the financial year 2019-2020 from around Rs.403 billion in FY 2014-15, according to an estimate by industry body Indian Paint Association (IPA) in January 2017. The decorative paint market size was Rs.303.85 billion and that of industrial paint was Rs.99.15 billion in FY 2014-15. The global gum rosin market size was USD 1.57 Billion in 2015 and is expected to witness growth at a CAGR of 3.3% over the forecast period. the WW segment is expected to be the fastest growing product segment, projected to grow at a CAGR of nearly 6% from 2016 to 2024. The Indian plastic pipe market is forecast to grow at a CAGR of 10.4% from 2016 to 2021. the India PVC pipes and fittings market will grow at a double digit CAGR over the period FY’2015-FY’2020 and is projected to reach INR 327 billion by FY’2020. . We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • Anabond Ltd. • Arjun Chemicals Pvt. Ltd. • Dujodwala Paper Chemicals Ltd. • Jay Chemical Inds. Ltd. • Orient Packagings Ltd. • Prince Pipes & Fittings Pvt. Ltd.
Plant capacity: Thinner (1 Ltr. Bottle):3000 Bottles/day Gum Rosin (Beroja) (1 Kgs Container):4200 Bottles/day Phenyl Concentrate (0.50 Ltr Bottle):6000 Bottles/day Cement Solvent (0.50 Ltr Bottle) Plant & machinery: 93 lakhs
Working capital: -T.C.I: Cost of Project: Rs 523 lakhs
Return: 60.00%Break even: 29.00%
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Organic Dragon Fruit Farming

Dragon Fruit stems are scandent (climbing habit), creeping, sprawling or clambering, and branch profusely. There can be 4-7 of them, between 5 and 10 m or longer, with joints from 30–120 cm or longer, and 10–12 cm thick; with generally three ribs; margins are corneous (horn-like) with age, and undulate. The fruit is oblong to oval, to 6–12 cm long, 4–9 cm thick, red with large bracteoles, with white pulp and are edible; seeds are black. Dragon Fruit or Pitaya grows best in uniformly distributed rainfall throughout the year. It prefers free draining soil with sandy to clay loam types, 5.3 to 6.7 pH and high organic matter. However, Pitaya is also grown successfully in sandy soils. Pitaya is shallow rooted with most roots concentrated on top 15- 30 cm soil depth. India gets a taste of exotic dragon fruit. This fruit of a vine-like cactus has white flesh peppered with tiny edible black seeds. Its popularity is growing beyond metros to other cities, particularly in south India. The fruit was selling for about US$10 per kg, according to, director of the Ministry of Agriculture and Rural Development. Vietnamese dragon fruit is selling well in Chinese and Vietnamese in the US, said Mr Dat, who has been on a fact-finding trip in the country. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: 7200 Kgs/dayPlant & machinery: 1316 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3183 lakhs
Return: 133.00%Break even: 15.00%
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Aluminium Collapsible Tubes

A collapsible tube is defined as a cylinder of pliable metal that can be sealed in such a manner that its contents, although readily discharged in any desired quantity, are protected from contact with air or moisture. Collapsible tubes are made from aluminum, tin coated lead, or lead tin alloy by cold extrusion. They consist of three parts, the main tube, a shoulder to one end of which a screened nozzle with orifice is fitted, and a molded cap to close the orifice, sometimes application of various design are attached to the nozzle with the help of mechanical or hand operated filling machines. The majority of medical creams and ointments are marketed in collapsible tubes made from aluminium or plastics which retain their original shape after use, or special laminates based on aluminium foil. The growth in aluminium consumption is focused on Asian region which is supported by strong public policies by respective governments. The main primary producers of aluminium are located in China, Russian Federation, North America, Latin America, Western Europe, and Australia. India is an important player in the aluminium sector, especially because of its abundant bauxite reserves. India has bauxite reserve base of 1.44 billion tonnes and reserves of 0.77 billion tonnes. The packaging industry is estimated at Rs 150 bn and is growing at 14-15% annually. Thus, due to demand it is best to invest in this project.
Plant capacity: 300000 Nos./dayPlant & machinery: 4684 lakhs
Working capital: -T.C.I: Cost of Project: Rs 10012 lakhs
Return: 10.00%Break even: 46.00%
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Power Transformer

A transformer is a device that transfers electrical energy from one circuit to another through inductively coupled conductors—the transformer's coils. If a load is connected to the secondary, current will flow in the secondary winding, and electrical energy will be transferred from the primary circuit through the transformer to the load. Transformers range in size from a thumbnail-sized coupling transformer hidden inside a stage microphone to huge units weighing hundreds of tons used to interconnect portions of power grids. A transformer is a device for transferring energy in a system from one circuit to another. It consists of two independent electric circuits linked with a common magnetic circuit. This energy at low voltage may be transformed to energy at high Voltage, or vice versa. The global power transformers market was estimated to be 11,352 units in 2013 and is expected to reach 16,994 units by 2020, at a CAGR of 5.9% from 2014 to 2020. In terms of revenue, the market is expected to grow from USD 18.55 billion in 2013 to USD 28.22 billion in 2020 at a CAGR of 6.2% from 2014 to 2020. India has a good and sound base of over 700 industries and has total transformer manufacturing capacity of 1,000 GVA sufficient for domestic and export market. The present net worth of industry is about ` 12,500 crores and now has planned to add 100,000 MW in the 12th Plan period which shall result in annual market of ` 15,000 crores for transformer industry. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: Power Transformers(132/33 KV, 10000 KVA Core Type Oil Cooled):100 Nos/annumPlant & machinery: 85 lakhs
Working capital: -T.C.I: Cost of Project: Rs 169 lakhs
Return: 27.00%Break even: 45.00%
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Gypsum Plaster Board

Gypsum board, also known as “drywall” or “plaster board,” consists of a core of gypsum surrounded with a paper covering. These gypsum board products include regular gypsum wallboard, moisture-resistant gypsum board, and type-X fire-resistant gypsum board. Natural gypsum is a common mineral that is easily mined or quarried. It is generally found close to the surface of the earth. Synthetic Gypsum is a by-product of cleaning the emissions of the coal burning power plants. When the coal burns, Sulfur Dioxide (SO2) is captured in the coal stacks soit is not released into the environment. Gypsum is a mineral found in sedimentary rock formations in a crystalline form known as calcium sulfate dihydrate CaSO4•2H2O. One hundred pounds of gypsum rock contains approximately 21 pounds (or 10 quarts) of chemically combined water. Gypsum Plaster Boards are constructional sheets composed of consigned Gypsum with about 15% fibre. Gypsum plaster boards are selected for use according to their type, size, thickeners and edge profit.We actively encourage a culture of innovation, which facilitates the development of new technologies and ensure a high quality product.
Plant capacity: Gypsum Plaster Board (Size 2440x1220x12 mm):10000 Sq.Mt./dayPlant & machinery: 549 lakhs
Working capital: -T.C.I: Cost of Project: Rs 3188 lakhs
Return: 21.00%Break even: 57.00%
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Ghee Manufacturing Unit

Ghee, also referred to as clarified butter, is a good alternative to cooking oil and is often used in Indian and Middle Eastern dishes. It is very fragrant and has a rich nutty taste. Ghee is solid at room temperature but can easily be melted if necessary. Many people prefer cooking with ghee over butter because it does not burn as easily as butter. Ghee, which is widely used in Indian cooking, is the pure butter fat left over after the milk solids and water are removed from butter. It is very fragrant with a rich nutty taste and represents the second largest consumed dairy product in India, after liquid milk. The ghee market in India has witnessed a strong growth in recent years. Some of the factors which have contributed in influencing the market growth are increasing disposable incomes, expanding distribution channels and introduction of organic ghee. The strong growth of the Indian ghee market can be attributed to numerous factors. One of the major driving factors is the fact that the majority of the Indian population is engaged in agricultural practices which involve a lot of physical labour. Thus, ghee is considered as a vital source of energy and nutrition in an Indian household. Apart from this, growing health-consciousness among the consumers has prompted manufacturers to come up with organic ghee, which in turn, has added to the overall demand. Some of the other driving factors include population growth, rising disposable incomes and expanding distribution channels in the country. The market is further expected to reach a value of more than INR 3014 Billion by 2021, growing at a CAGR of nearly 15% during 2017-2021.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Agarbatti (Incense Sticks) Manufacturing

Incense is aromatic biotic material which releases fragrant smoke when burned. The term refers to the material itself, rather than to the aroma that it produces. Incense is used for aesthetic reasons, and in therapy, meditation, and ceremony. It may also be used as a simple deodorant or insectifuge. Incense is composed of aromatic plant materials, often combined with essential oils. The forms taken by incense differ with the underlying culture, and have changed with advances in technology and increasing diversity in the reasons for burning it. Incense can generally be separated into two main types: "indirect-burning" and "direct-burning". Indirect-burning incense (or "non-combustible incense") is not capable of burning on its own, and requires a separate heat source. Direct-burning incense (or "combustible incense") is lit directly by a flame and then fanned or blown out, leaving a glowing ember that smoulders and releases fragrance. Direct-burning incense is either a paste formed around a bamboo stick, or a paste that is extruded into a stick or cone shape. Incense sticks also called agarbattis are fragranced sticks used from ancient period by people all over the world. The evolution of incense stick could be from the burning of aromatic woods in the primitive period. As mankind gained civilization and became more religious, these fragranced agarbattis played important role in daily rituals. India is largest incense stick maker and currently the export market for the sector is about Rs 450 crore. With the demand for branded agarbatti (incense sticks) growing at nearly 15 per cent every year. Kolkata has the largest market for sale of incense sticks or agarbattis by volume in the country at Rs. 150 crore or so, in the Rs. 1,000 crore national agarbatti market. As a large portion of the market was still unorganised but conservative estimates complied for last fiscal indicated that incense stick sales were growing at 7-8 per cent per annum.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Wood Pellets From Sawdust

In general, any biomass is suitable as raw material for pelletizing. Currently woody biomass is the predominant raw material for fuel pellet production. The main constituents of wood are the elements carbon (C), hydrogen (H) and oxygen (O). Other important elements are nitrogen (N), sulfur (S), magnesium (Mg), chlorine (Cl) and potassium (K) which are present in varying amounts. The density of logged wood is between 400-750 kg/m3. The ash content is around 1% or less but is strongly dependent on bark and needle portion as well as the level of secondary contamination like adhering soil. Pelletizing of hardwood is more difficult and requires the adaption of the pelletizing process. Thus, softwood is most commonly used with spruce, fir and pine being the most common woody raw materials. Wood has been used for heating and fuel purposes for thousands of years. The wood industry has found itself on the verge of a revolution, however, because of the rapid increase in development and utilization of new wood-based solid and liquid fuels. Wood pellets represent an alternative to the use of coal, gas and even traditional wood logs and chips. Pellets in the U.S. are sold in bags by retailers, adding about $20 per ton in packing, Pellets and wrapping material. With an average price of $276 per ton as of November, pellets can be found for as low as $176 per ton, or as high as $600 per ton in the Northern U.S. approximately 35 new facilities, in addition to the previously existent 15 plants, have started operations. With an average capacity of 66,000 tons per year, and several new facilities planned for 2018 and 2019. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: 16.0 MT/day Plant & machinery: 80 lakhs
Working capital: -T.C.I: Cost of Project : Rs 350 lakhs
Return: 26.00%Break even: 51.00%
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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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