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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 

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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Spices(100% EOU)

Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, bulb) of plants used as a flavoring or seasoning, although many can also be used as a herbal medicine. A closely related term, ‘herb’, is used to distinguish plant parts finding the same uses but derived from leafy or soft flowering parts. Spices impart aroma, color and taste to food preparations and sometimes mask undesirable odors. The volatile oils from spices give the aroma and the oleoresins impart the taste. Spices are no longer regarded as wonders of medicine, but they still play an important part in the manufacture of many cosmetics and perfumes and are grown commercially for their coloring and preservative properties. India, known as the home of spices, boasts a long history of trading with the ancient civilisations of Rome and China. Today, Indian spices are the most sought-after globally, given their exquisite aroma, texture, taste and medicinal value. India has the largest domestic market for spices in the world. The demand for spices is expected to grow in the future which will lead to a prominent growth in the revenues from the sales of spices in India. The revenues from India market are expected to expand to around USD 18 billion in FY’2020, growing with a CAGR of ~% from FY’2016 to FY’2020. The highest contribution to this growth is expected to come from the spice mixes and blended spices. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • A D F Foods Ltd. • Aachi Masala Food'S Pvt. Ltd. • Akay Flavours & Aromatics Pvt. Ltd. • Catch Foods (India) Ltd. • Chordia Food Products Ltd. • Devon Foods Ltd.
Plant capacity: Red Chilli Powder: 200 Kgs. /day Sambhar Masala : 200 Kgs. /day Biryani Masala: 200 Kgs. /day Chicken Fry Masala: 200 Kgs. /day Garam Masala: 200 Kgs. /dayPlant & machinery: Rs 20 lakhs
Working capital: -T.C.I: Cost of Project: Rs 204 lakhs
Return: 29.00%Break even: 53.00%
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Disposable Plastic Syringes

Disposable Syringes are made of plastic material and are used in the field of medical and veterinary science. Due to their availability in sterilized condition, ready to use, and cost effectiveness, disposable syringes are fast replacing the age-old glass syringes. A syringe is a simple piston pump consisting of a plunger that fits tightly in a tube. The plunger can be pulled and pushed along inside a cylindrical tube (the barrel) allowing the syringe to take in and expel a liquid or a gas through an orifice at open end of the tube. Syringes are available in sizes of 1 ml, 2 ml, 5 ml and 10 ml, 50ml in a variety of designs and consist of either two or three components construction. The number of disposable syringes being used has also increased due to the growth in point-of-care administration systems. These systems promote the self-administration of drugs, which can be easily done with modern disposable syringes with improved safety features. The effective result of the above factors of influence on the market – along with a few others – for disposable syringes is expected to translate to a CAGR of 5.6% from 2015 to 2023. This market is expected to be valued above US$9.3 bn by the end of 2023 and close to US$6.5 bn by the end of 2016. India is witnessing a rapid growth across all segments and categories of medical products. India exported US$ 35.22 million worth of syringes and the overall exported quantity was 719.48 million units. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Albert David Ltd. • Disposable Medi-Aids Ltd. • Hindustan Syringes & Medical Devices Ltd. • Lifeline Injects Ltd. • Lifelong Meditech Ltd. • Oyster Medisafe Pvt. Ltd.
Plant capacity: Disposable Plastic Syringes 2 ml Size: 350 Boxes/day Disposable Plastic Syringes 5 ml Size: 350 Boxes/day Disposable Plastic Syringes 10 ml Size: 200 Boxes/day Disposable Plastic Syringes 50 ml Size: 100 Boxes/dayPlant & machinery: Rs 151 lakhs
Working capital: -T.C.I: Cost of Project: Rs 343 lakhs
Return: 26.00%Break even: 63.00%
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Phosphate Rich Organic Manure (PROM)

Phosphates play a vital role in the balanced nutrition of plants. Most of the soils in India are low to medium in phosphate (P) content which requires external application of P for good harvest. Phosphate Rich Organic Manure is produced by co-composting high-grade (32% P2O5 ± 2%) rock phosphate in very fine size (say 80% finer than 54 microns). Needless to say, the finer the rock phosphate the better is the agronomic efficiency of PROM. This substance may be a more efficient way of adding phosphorus to soil than applying chemical fertilizers. PROM is known as a green chemistry phosphatic fertilizer. Addition of natural minerals or synthetic oxides in water-insoluble forms that contain micronutrients such as copper, zinc, and cobalt may improve the efficiency of PROM. To promote organic agriculture system Government of India launched National Programme for Organic Production (NPOP) in the year 2001. NPOP defined the standards, accreditation procedures and established a credible certification system which is now well established nationally and internationally. In India, agriculture has been practiced for thousands of years, which was essentially organic, is also the repository of traditional wisdom and genetic germplasm. Civil society organizations and innovative farmers have developed technologies which are not only effective and productive, but are also explainable and accepted by the modern science. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Accord Hydro air Pvt. Ltd. • Advance Crop care (India) Pvt. Ltd. • Agro Phos (India) Ltd. • Alchemy Processors Pvt. Ltd. • Almighty Crop Science Pvt. Ltd. • Andhra Pradesh State Agro Inds. Devp. Corpn. Ltd.
Plant capacity: Phosphate Rich Organic Manure (PROM): 1000000 MT /AnnumPlant & machinery: Plant & Machinery: Rs 290 lakhs
Working capital: -T.C.I: Cost of Project : Rs 4612 lakhs
Return: 29.00%Break even: 39.00%
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Hexamethoxymethyl Melamine (HMMM)

Hexamethoxymethyl Melamine (HMMM) HMMM is a Hexa (methoxymethyl) melamine resin. It is used as a crosslinking agent with resorcinol or a novolak resin and as an adhesion promoter in rubber compounds with a variety of substrates. Hexamethoxymethyl melamine (HMMM) which supplied in liquid form. It is a versatile crosslinking agent for a wide range of polymeric materials, both organo-soluble and water-borne. It is soluble in most commonly used organic solvent but solubility in water is limited-when blended with most other water-reduciable resins, tolerates dilution in water. Indian manufacturers and importers imports MELAMINE under HS Code 29. Authentic and complete Indian importers data and import statistical report of MELAMINE are compiled from daily list of customs. Laminates was the dominant segment of the global melamine market in 2014. A similar trend is expected to continue between 2015 and 2023. The segment accounted for more than 50% share of the global melamine market in 2014 and is anticipated to be the fastest-growing market during the forecast period. Adhesives & sealants and others are projected to play a crucial role in growth of the global melamine market from 2015 to 2023. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Adarsh Chemicals & Fertilisers Ltd. • Gujarat State Fertilizers & Chemicals Ltd. • Jay Chemical Inds. Ltd
Plant capacity: Hexamethoxymethyl Melamine (HMMM)6 M/DayPlant & machinery: Rs 185 lakhs
Working capital: -T.C.I: Cost of Project: Rs 600 lakhs
Return: 27.00%Break even: 60.00%
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Agricultural Warehouse with Cold Storage

Warehousing plays a very vital role in promoting agriculture marketing, rural banking and financing and ensuring Food Security in the county. It enables the markets to ease the pressure during harvest season and to maintain uninterrupted supply of agricultural commodities during off season. Warehousing refers to the activities involving storage of goods on a large-scale in a systematic and orderly manner and making them available conveniently when needed. Availability of proper cold storages are important for preserving perishable commodities like milk, meat, eggs, vegetables, fruits, ornamental flowers and other floricultural goods. These cold storages give perishable food items a longer shelf life by preventing them from rotting due to humidity, high temperature and micro-organisms. A cold storage facility accessible to them will go a long way in removing the risk of distress sale to ensure better returns. Warehousing plays a very vital role in promoting agriculture marketing, rural banking and financing and ensuring Food Security in the country. Indian transportation and logistics market witnesses new heights; there has been increasing buzz around technology adoption, network optimization, multimodal transportation and improving warehousing. The latter in particular has been evolving rapidly from traditional 'go downs’ to modern facilities. Indian logistics market is expected to grow at a CAGR of 12.17% by 2020 driven by the growth in the manufacturing, retail, FMCG and e-commerce sectors. Indian cold storage market is expected to grow at a CAGR of 16.09% by 2020 driven by the growth in the organized retail, Indian fast food market, and food processing industry and e-commerce sectors. This facilitates the development of new technologies and ensures a high quality product.
Plant capacity: Sacks Store in Warehouse: 50000 Units /Day Cold Storage: 65 Units /DayPlant & machinery: Rs 276 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1468 lakhs
Return: 21.00%Break even: 46.00%
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Bicycle and Cycle Rickshaw Manufacturing

A Bicycle, is a human-powered, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. Bicycles are one of the oldest forms of transportation. Even today millions of people travel by bicycle daily to their work, college, universities and distant places. The cycle rickshaw is a small-scale local means of transport; it is also known by a variety of other names such as bike taxi, velotaxi, pedicab, bikecab, cyclo, beca, becak, trisikad, or trishaw. A Cycle Rickshaw is often hailed as environment-friendly and an inexpensive mode of transportation. The Indian bicycle industry, the second largest in the world, produces around 10 to 14 mn units annually. China leads with a production of over 50 mn units. The total world market is estimated at close to 100 mn units. The bicycle market in India is expected to register a CAGR of more than 8% in terms of value during the forecasted period of 2016-17 to 2021-22. There are guesstimates that close to 1 million cycle rickshaws ply on the Indian roads carrying about 3-4 billion passengers-km/year. In some cities they are the major means of transport. They provide employment to about 700,000 rickshaw pullers, are very maneuverable and are completely non-polluting and hence environmentally friendly means of transport. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian major players are as under • Atlas Cycles (Sonepat) Ltd. • Avon Cycles Ltd. • Cycle Corporation Of India Ltd. • Deepak International Ltd. • Dewan Steels Ltd. • Eastman Industries Ltd.
Plant capacity: Bicycles (Different Sizes): 1000 Nos. /Day Cycle Rickshaw: 1000 Nos. DayPlant & machinery: Rs 336 lakhs
Working capital: N/AT.C.I: Cost of Project: Rs 1525 lakhs
Return: 27.00%Break even: 63.00%
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Spice Oil Extraction from Curry Leaves (100% EOU)

Murraya koenigii, commonly known as curry leaf or kari patta in Indian dialects, belonging to Famil Rutaceae which represent more than 150 genera and 1600 species1 Murraya Koenigii is a highly values plant for its characteristic aroma and medicinal value. Curry leaves are a rich source of minor constituents, such as Ca, K, Mg, P, along with Fe, Mn, Se and Zn, in trace amounts. Toxic element (As, Cd, Hg and Pb) contents were found to be below USFDA limits. The mineral content of curry leaves are: Fe 152 to 158 mg/kg, Na 795 to 800 mg/kg, Mg 14 to 18mg/kg, Mn 96 to 98 mg/kg. According to the proximate analysis leaves of Murraya Koenejii consists moistures 63%, total nitrogen 1%, fat 6%, total sugar 14%, crude fiber 7% and ash 13%. The curry leaf (Murraya koenigii spreng) has 2.6% volatile essential oils (terpenes: beta caryophylline, beta gurjunene, beta elemene, bete phellandrene, beta thujene and others). These oils in the curry leaf are sufficiently soluble in water and terpenes are lighter than water. The global essential oil market size was valued at USD 3.36 billion in 2015 and is expected to witness an estimated growth rate of 9.0% from 2016 to 2024. Around 200 different types of essential oils are consumed all over the world annually, and the U.S. plays a major role in overall demand. Essential Oil Market is expected to reach $11.188 million by 2022, with a CAGR of 8.7% from 2016 to 2022. Essential oils, also known as volatile oils/aetherolea/ethereal oils, are derived from leaves, stems, flowers, bark, roots, or other parts of a plant. Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under • Concert Spices & Exports Ltd. • Dabur India Ltd. • Gangotri Oils & Agro Products Pvt. Ltd. • Gulab Oil & Foods Pvt. Ltd. • Khandelwal Edible Oils Ltd. • Mahesh Edible Agro Oil Inds. Pvt. Ltd.
Plant capacity: Curry Leave Oil: 500 Kgs. /DayPlant & machinery: Rs 13 lakhs
Working capital: N/AT.C.I: Cost of Project: Rs 152 lakhs
Return: 28.00%Break even: 59.00%
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Aluminium Rolling Mill

Aluminium foil is aluminium prepared in thin metal leaves, with a thickness less than 0.2 millimetres (8 mils), thinner gauges down to 6 µm (0.2 mils) are also commonly used. Standard household foil is typically 0.016 millimetres (0.6 mils) thick and heavy duty household foil is typically 0.024 millimetres (0.9 mils). Aluminium foil is produced by rolling sheet ingots cast from molten aluminium, then re-rolling on sheet and foil rolling mills to the desired thickness, or by continuously casting and cold rolling. Aluminium foil is a thin sheet of metal. As such it can be an absolute barrier to moisture, gases, odors, bacteria and moulds. There are around 10 Major Aluminium Foil manufacturers in India with rolling capacity of around 10000 tons per month to cater the total demand of around 12000 tons per month in different field of pharmaceuticals and flexible packaging industries. In the present scenario, market demand of the product is growing with a rate of 14.5% per annum. Global demand for aluminium foil is forecast to expand 8.7% p.a. between 2014 and 2018. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Amco India Ltd. • Annapurna Foils Ltd. • Archer Metal Ltd. • E C K Haubold & Laxmi Ltd. • Flex Art Foil Ltd. • Gallium Industries Ltd.
Plant capacity: Aluminium Foil Food Grade (thickness 0.006 mm to 0.150 mm): 24 MT/DayPlant & machinery: Rs 310 lakhs
Working capital: N/AT.C.I: Cost of Project: Rs 1252 lakhs
Return: 29.00%Break even: 52.00%
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LT Cable

A low-tension line is a low voltage line and a high-tension line is a high voltage line. In India LT supply is of 400 Volts for three-phase connection and 230 Volts for single-phase connection. High tension or HT supply is applicable for bulk power purchasers who need 11 kilo-Volts or above. Most small consumers of electricity like individual houses, shops, small offices and smaller manufacturing units get their electricity on LT connection. HT is applicable for bulk purchasers of electricity like industries (big manufacturing units), big offices, Universities, hostels and even residential colonies (if the apartment complexes purchase together in bulk). Cable and wire industry has established itself as one of the backbones of modern information age. The increasing importance for power, light and communication has kept demand high for wire and cable. About 40 per cent of the entire electrical industry is composed by wire and cable industry, and it is expected to be double in the next 5 years. The global wire and cable market is valued at $127 billion in 2010. This market is expected to increase at a 9.4 per cent CAGR to reach nearly $200 billion in 2015. Revenues from the wires and cables industry in the India are expected to expand to INR ~ million in FY'2019 growing with a CAGR of 18.5% from FY'2014-FY'2019. As a whole you can invest in this project without risk and earn profit. Few Indian major players are as under • Aradhya Wire Ropes Pvt. Ltd. • Associated Cables Pvt. Ltd. • Cords Cable Inds. Ltd. • D P Wires Ltd. • D R S Cables Pvt. Ltd. • Deccan Wires & Welding Products Pvt. Ltd. • Excel Controlinkage Pvt. Ltd.
Plant capacity: LT Cable (11 mm-13 mm dia & PVC Copper Cable): 50 KM/DayPlant & machinery: Rs 227 lakhs
Working capital: N/AT.C.I: Cost of Project: Rs 915 lakhs
Return: 28.00%Break even: 52.00%
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LV Control & Power Cables, MV Cables

An electrical cable is an assembly of one or more wires running side by side or bundled, which is used to carry electric current. A power cable is an electrical cable, an assembly of one or more electrical conductors, usually held together with an overall sheath. The assembly is used for transmission of electrical power. Power cables may be installed as permanent wiring within buildings, buried in the ground, run overhead, or exposed. Flexible power cables are used for portable devices, mobile tools and machinery. Market research analysts at Technavio have predicted that the electric wire and cable market in India will grow steadily during the next four years and post a CAGR of almost 16% by 2020. This market research analysis identifies the growth in renewable power generation to be one of the primary factors for the growth of the electric cable and wire market. One of the primary focus area of the development plan is railways, with over Rs 800,000 crore as promised investment over the period of 2015-2020.In addition, the government has ear marked Rs 50,000 crore (US$ 7.53 billion) to develop 100 smart cities across the country. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Aradhya Wire Ropes Pvt. Ltd. • Associated Cables Pvt. Ltd. • Cords Cable Inds. Ltd. • D P Wires Ltd. • D R S Cables Pvt. Ltd. • Deccan Wires & Welding Products Pvt. Ltd. • Excel Controlinkage Pvt. Ltd.
Plant capacity: LV Control 3x1.5 mm2 Copper (340 Kgs/KM): 28 KMtrs. /Day Power Cables 7x1.5 mm2 Copper (350 Kgs/KM): 28 KMtrs. /Day MV Power Cables, 1x50 mm2, 1/30 KV Aluminium (780 Kgs/KM): 18 KMtrs. /DayPlant & machinery: 162 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1147 lakhs
Return: 29.00%Break even: 53.00%
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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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