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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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Synthetic Rubber

Rubber in its native form is basically useless. It is only when certain chemicals are added; the rubber thus produced is used to make varied rubber products. Synthetic rubber is used as a substitute for natural rubber in many cases. Depending on the chemicals added and the properties associated with it, the synthetic rubber can be as hard as a bowling ball or as resilient as a rubber band or as soft as a sponge. When improved material properties are required, synthetic rubber is considered. Approximately 70% of all rubber used today are one from many synthetic rubber varieties. The synthetic rubber market is expected to register a CAGR of 5.6% between 2018 and 2023 (the forecast period). The market is expected to be augmented by the growing demand for synthetic rubber products in the automotive Industry. Additionally, increasing consumption of styrene in athletic footwear is anticipated to fuel the demand during the forecast period. Demand for synthetic rubbers is split by the application areas tires, automotive applications, industry and construction, modification of materials (that is the admixture with other materials) as well as by the group of other applications. The most important sales market in 2017 was the segment tires: 58% of total global demand were accounted for by applications in original equipment and replacement tires. Rubbers are also used for numerous other products in the automotive industry: for example for hoses, cables, seals as well as window and door profiles. The second largest application area for rubbers are elastically deformable engineering products with a stable shape such as conveyor belts, roll covers, hoses, profiles, seals, cables, molded parts, and roofing films. Ranging from the chemical industry, engineering, and construction to electrics and electronics, increasing number of rubber products are needed. Rapidly expanding footwear market across the globe is also expected to augment the growth of the synthetic rubber market. However, the report mentions that oversupply of synthetic rubber due to consistent capacity additions will restrain the market during the forecast horizon. The increasing substitution of synthetic rubber by natural rubber will also hamper the growth of the market. The overall synthetic rubber market has a huge opportunity to grow with the emergence of bio-based feedstock. The automotive industry is one of the fastest growing industries in the world, and it is directly related to the synthetic rubber industry. About 75% of the world’s rubber production (both natural and synthetic) is involved in the production of tires. In other words, the automotive end-user segment dominates the global synthetic rubber market. The rapid growth of the automotive industry, especially in the Asia-Pacific and the Middle East & Africa region, is driving the demand for synthetic rubber, due to its diverse and various applications.
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Return: 1.00%Break even: N/A
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Battery for Auto Vehicles

An automotive battery is a rechargeable battery that supplies electrical current to a motor vehicle. Its main purpose is to feed the starter, which starts the engine. Once the engine is running, power for the car's electrical systems is supplied by the alternator. The market demand for these battery is huge as more and more vehicles are being developed daily and more electric vehicles are increasingly being used. As the automotive technology has advanced, automobiles consist of a large number of functions these days. These functions have increased exponentially during the past few years, as a result of the intense competition amongst the vehicle manufacturers. Features, like state-of-the-art gadgets and lighting, car infotainment systems, etc. have trickled down even into the entry-level automobiles. These new attributes have put immense pressure on car batteries, which have to take on higher loads. The new fuel-saving technologies, like micro-hybrid systems are also leading to higher battery usage. Features in commercial and passenger vehicles are set to increase exponentially during the forecast period, which is anticipated be a major driver for the automotive battery market. The Global demand for automotive batteries is forecast to rise 13% per year to $54.1 billion in 2022, expanding to 38% of total sales. Rising manufacturing and use of motor vehicles worldwide will spur sales growth. The HEV segment will more than quadruple in size as these vehicles increasingly penetrate global markets. Electric vehicles, which use more expensive batteries than hybrids, will post particularly strong growth, boosting overall market value. While falling prices for lithium-ion batteries (on a kWh basis) will be a major contributor to growth for HEVs, a shift toward batteries with higher capacities will boost prices on a unit basis and contribute to the expanding market size.
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Departmental Store

A departmental store is a large retail trading organization. It has several departments, which are classified and organized accordingly. Departments are made as per different types of goods to be sold. For example, individual departments are established for selling packed food goods, groceries, garments, stationery, cutlery, cosmetics, medicines, computes, sports, furniture, etc., so that consumers can purchase all basic household requirements under one roof. It provides them maximum shopping convenience and therefore, also called as 'Universal Providers' or 'one spot shopping'. Today, departments often include the following: clothing, furniture, home appliances, toys, cosmetics, house ware, gardening, toiletries, sporting goods, paint, and hardware. Additionally, other lines of products such as food, books, jewelry, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store, although some stores include sales counters within each department. Some stores are one of many within a larger retail chain, while others are independent retailers. The Department Stores industry comprises retailers that sell a wide range of merchandise, including apparel, footwear, home goods, appliances, toys and sporting equipment. While big-box retailers, such as Wal-Mart and Target, have historically dominated the industry, many have expanded their product offerings in recent years to include groceries. This one-stop-shop format has boosted revenue for these companies; however, general merchandise stores that offer groceries are included in the Warehouse Clubs and Supercenters industry which effectively removes them from the Department Stores industry.
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Tripod Stands, Tables & Chairs

Tripod Stands A tripod is a portable three-legged frame or stand, used as a platform for supporting the weight and maintaining the stability of some other object. A tripod provides stability against downward forces and horizontal forces and movements about horizontal axes. A tripod is a three legged device to hold your camera still. This is useful at lower shutter speeds to prevent the shake of your hands or the action of pressing the shutter from blurring the image, what we call camera shake for short. The outlook for the industrial tripods market is expected to be positive and the industrial tripods market will register healthy year over year growth over the forecast period. This growth can be attributed to rising demand for advanced-tech features in photography and strict government regulations to ensure quality of infrastructure. Under the material type segment of the industrial tripods market, the carbon fiber type industrial tripod segment is expected to register significant growth during the forecast period as this technology provides distinctive features, such as resistance to weather and corrosion. Tables & Chairs A table is an item of furniture with a flat top and one or more legs, used as a surface for working at, eating from or on which to place things. Some common types of table are the dining room table, which is used for seated persons to eat meals; the coffee table, which is a low table used in living rooms to display items or serve refreshments; and the bedside table, which is used to place an alarm clock and a lamp. There are also a range of specialized types of tables, such as drafting tables, used for doing architectural drawings, and sewing tables. Overall, the U.S. furniture market is expected to experience growth. The market registered a 4.5% increase in growth in 2016, placing its overall value at $114 billion. Although the first six months of 2017 saw a softened increase of 2.5% in consumer spending year over year, the U.S. furniture market is anticipated to grow at a “compound annual growth rate of 2.9% through 2019.”
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White Cement

White cement is typically specified to ensure clean, bright, consistent colors, including light pastels. White cement allows a wide range of color options for producing structural and architectural concrete, as well as masonry and cementations building products. The final color and look of concrete and masonry materials are affected by many factors: White cement is a construction material, which exhibits aesthetic and hydraulic binding properties. This cement is often deployed along with pigments to impart attractive color to the concretes and mortars, which is not feasible with ordinary gray cement. White cement is extensively used as an alternative to gray cement owing to its value-added properties such as its ability to reflect heat and improved aesthetic appearance. The demand for white cement is higher among countries with hot environment conditions as more heat is reflected from the resulting white concrete surface when compared to standard gray concrete. Benefits • While grey cement is great for normal bricklaying work, white cement is necessary for the surface of the wall. It makes the walls resistant to external elements & acts as a smooth base for the paint. • The process is called a ‘wash’. The custom is to have your walls lime-washed; however, using white cement concrete mix will serve you multiple benefits. • The white cement wash offers a much better finish to start with, concealing hairline cracks with a durable, matte finish. The second benefit is the effect on the paints; the white surface allows the paint to stand out while also protecting it from moisture from the walls. The white cement market is expected to register a significant growth during 2018 to 2023 (the forecast period). This tremendous growth is supported by the increasing construction activities in emerging economies.
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Blue Detergent Powder

A detergent is a surfactant or a mixture of surfactants with cleaning properties in dilute solutions. These substances are usually alkyl benzene sulfonates, a family of compounds that are similar to soap but are more soluble in hard water, because the polar sulfonate (of detergents) is less likely than the polar carboxylate (of soap) to bind to calcium and other ions found in hard water. In most household contexts, the term detergent by itself refers specifically to laundry detergent or dish detergent, as opposed to hand soap or other types of cleaning agents. Detergents are commonly available as powders or concentrated solutions. Detergents, like soaps, work because they are amphiphilic: partly hydrophilic (polar) and partly hydrophobic (non-polar). Their dual nature facilitates the mixture of hydrophobic compounds (like oil and grease) with water. Because air is not hydrophilic, detergents are also foaming agents to varying degrees. Detergents are available in three forms, namely powder detergent, bar detergent and liquid detergent. Powder detergents are widely accepted by Indian consumers and dominate the industry. Even though detergent bars are still used in rural areas, they are fast disappearing from the market because of ineffectiveness. The detergent industry is an international industry which has been increasing by multiple percents every year. It is an integration of diverse companies that are fundamentally engaged in manufacturing synthetic organic detergents, inorganic alkaline detergents, and crude and refined glycerin from vegetable oils and animal fats. The industry is further expected to grow in both the industrialized as well as in the developing nations.
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Spice Oil or Oleoresins (Extraction of Essential Oil, Cardamom, Jeera, Ajwain, Ginger & Other Spices)

Spice oleoresins represent the complete flavour profile of the spice. It contains the volatile as well as nonvolatile constituents of spices. Oleoresins can be defined as the true essence of the spices and can replace whole/ground spices without impairing any flavour and aroma characteristic. Oleoresins are obtained from spices by extraction with a non-aqueous solvent followed by removal of the solvent by evaporation. Spice oleoresins guarantee superior quality of flavour and aroma. They are complete and balanced, consistent and standardised. The spice oils and oleoresins are specially suitable for such snacks in that they can be used very conveniently (without any handling of the raw spice like ginger, chilli, onion, etc.) and producing a standardised effect on taste. This is the reason practically all plants in India, numbering to more than twenty five are sent percent exporting their products to these nations. The demand is increasing and more and more plants are being commissioned for 100% export. It is used as a substitute for whole or ground spices without impairing flavor and aroma. Spice oils and oleoresins are consumed by a broad range of manufacturers such as beverage, confectionery, curry powder, soups, etc. On the basis of product type, spice oils and oleoresins market is segmented into black pepper, cardamom, capsicum, turmeric, cinnamon and others. The global essential oil market is observing a significant expansion in its size, thanks to the increasing usage of essential oil in aromatherapy. The augmenting demand for flavored food and beverages products among consumers is also boosting this market substantially. With the rising development of innovative beauty and personal care products, fueled by the increasing preference for natural products, the usage of essential oil for the creation of new fragrances is surging, leading to an expected upswing in this market over the next few years. The market’s opportunity is expected to touch US$17.36 bn by 2017. Further, the market is projected to expand at a CAGR of 9.60% between 2017 and 2022 and attain a value of US$27.49 bn by the end of 2022. The escalating industrialization and the augmenting disposable income of consumers are the also projected to drive the growth of this market in the near future, especially in emerging countries. The global market for essential oil is also assessed on the basis of region. The Middle East and Africa (MEA), Asia Pacific excluding Japan (APEJ), Latin America, North America, Europe, and Japan have been considered as the prime regional markets for essential oil across the world. Hitherto, Europe has been leading the global market.
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Rubber Reclaiming Unit

Reclaimed rubber is cured rubber obtained through thermo-chemical process that softens and swells the rubber. The viscosity of the rubber is lessened by shortening the polymer chain by mechanical shear and chemical action. The different types of reclaimed rubber available in the market are whole tire reclaim (WTR), drab and colored, butyl reclaim, and ethylene propylene diene monomer (EPDM), among others. Of these, butyl reclaim enjoys a substantial share in the market. Going forward, however, EPDM is slated to outshine all the other types of products in terms of growth due technological progress that has resulted in better product properties and improved sustainability. Reclaimed rubber finds application in automotive and aircraft tires, footwear, cycle tires, molded rubber goods, belts and hoses, retreading, etc. Among them, the automotive and aircraft tires account for a dominant share in the market and in the years ahead is slated to outpace all other application segments to clock maximum growth. Rising knowledge about the cost-effective and eco-friendly alternatives for virgin rubber will likely drive demand for reclaimed rubber for use in durable tires and other synthetic products in automotive sector. Reclaimed rubber is a cured rubber produced after passing through various thermo-chemical processes. Reclaimed rubber is soften by shortening the polymer chain. It is used in various applications such as automobiles, aircraft, retreading, belts & hoses, footwear, and adhesives. Reclaimed rubber is extensively used for industrial applications in place of synthetic rubber due to sustainability, less energy consumption, and cost-effectiveness. Stringent government regulations to promote recyclable material usage to reduce environmental pollution is driving the market growth. Reclaim rubber used as a substitute for natural & synthetic rubber. Reclaim rubber from a scrap of whole tires; tread peelings, natural rubber tubes used for different applications both for tires and on tires rubber products. Reclaiming or recycling is the widest spread method allowing fractional recycling and use of waste rubber. The common principle of the most existing methods of reclaiming is the destruction of turgid vulcanized rubber or thermal-oxidative. At the forefront of driving demand in the global market for reclaimed rubber is the growing consumer awareness about environment-friendly materials with reduced processing costs and improved properties. As a result, reclaimed rubber is finding use in automotive and cycle tires, footwear, and other molded rubber goods. Other factors stoking growth in the market are rising rubber costs, increasing concerns about the damage caused to the environment because of dumping used rubber in rivers, and greater energy efficiency. One trend in the market is increasing demand for reclaimed rubber tires from automotive industry. The growth of the automotive industry has resulted in high demand for reclaimed rubber tires. Reclaimed rubber is used in automotive tires to improve its resistance to sunlight, ozone, heat, and mechanical stress. With the rising use of tires in vehicles, the demand for reclaimed rubber will increase during the forecast period. Global reclaimed rubber market was valued at USD 2.09 billion in 2016, is expected to reach USD 3.75 billion in 2022 and is anticipated to grow at a CAGR of 10.2% between 2017 and 2022.
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Return: 1.00%Break even: N/A
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Plastic Processing Moulds

Plastic moulding is the process of shaping plastic using a rigid frame or mould. This frame is known as Plastic Mould. The technique allows for the creation of objects of all shapes and sizes with huge design flexibility for both simple and highly complex designs. A popular manufacturing option, plastic moulding techniques are responsible for many car parts, containers, signs and other high volume items. Molding, also sometimes spelled moulding, is the process of manufacturing by shaping liquid or pliable material using a rigid frame called a mold or matrix. The plastic industry has been growing at about 20 percent a year on the back of spiralling demand from domestic and export markets. The growth rate of the Indian plastics industry is one of the highest in the world, with plastics consumption growing at 16% per annum (compared to 10% p.a. in China and around 2.5% p.a. in the UK). With a growing middle class (currently estimated at 50 million) and a low per capita consumption of plastics, currently 8kg per head, this trend is likely to continue.
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Continuous Copper Rod (CCR) from Copper Scraps

Copper rod is considered suitable for power and communication cables, house wire, strips for power and distribution transformers, magnet wires, etc. Copper rod is considered suitable for power and communication cables, house wire, strips for power and distribution transformers, magnet wires, etc.
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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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