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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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Naphthalene from Coal Tar & Petroleum Waste

Naphthalene is an organic compound with formula C10H8. It is the simplest polycyclic aromatic hydrocarbon, and is a white crystalline solid with a characteristic odor that is detectable at concentrations as low as 0.08 ppm by mass. As an aromatic hydrocarbon, naphthalene's structure consists of a fused pair of benzene rings. It is best known as the main ingredient of traditional mothballs. Naphthalene is the most abundant single constituent of coal tar, a volatile product from the destructive distillation of coal, and is also formed in modern processes for the high-temperature cracking (breaking up of large molecules) of petroleum. It is commercially produced by crystallization from the intermediate fraction of condensed coal tar and from the heavier fraction of cracked petroleum. The substance crystallizes in lustrous white plates, melting at 80.1°C (176.2°F) and boiling at 218°C (424°F). It is almost insoluble in water. Naphthalene is highly volatile and has a characteristic odour; it has been used as moth repellent. Naphthalene is a class of an organic compound with chemical formula C10H8. It is considered as the simplest polycyclic aromatic hydrocarbon, and is a white solid chemical that sublimes easily. Naphthalene is manufactured commercially from either coal tar or petroleum; majorly it is produced from coal tar across the globe. Naphthalene is used in the manufacturing of phthalic anhydride and also used in mothballs. Additionally, it is used as surfactant & wetting agent, plasticizer, and pesticide in numerous end use industries such as building & construction, agriculture, household cleaning, textile and others. The global naphthalene market is categorized into five regions, Asia Pacific, Europe, Latin America, North America, and the Middle East & Africa. The Asia Pacific region is predicted to grow with the fastest CAGR during the review period, (2016 to 2023) on account of expansion of numerous end use industries such as building & construction and agriculture among others.
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Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Solder Flux

Flux in the smelting of copper these agents served various functions, the simplest being a reducing agent, which prevented oxides from forming on the surface of the molten metal, while others absorbed impurities into the slag, which could be scraped off the molten metal. As cleaning agents, fluxes facilitate soldering, brazing, and welding by removing oxidation from the metals to be joined. The global market for solder flux is estimated to swell at a CAGR of 6.30% between 2017 and 2024. Rising at this pace, the market will reach US$367.3 million by 2024 from US$213.2 million in 2015. The global market for solder flux is heavily influenced by the sturdy rise in the manufacturing of printed circuit board (PCB), fueled by the increasing production of computers and mobile phones across the world. The significant growth in the automotive and the semiconductor industries is also having a positive impact on the sales of solder flux, reflecting positively on this market. The global solder flux market is majorly impacted in a positive way by the strong increase in the PCB (printed circuit board) manufacturing, boosted by the growing mobile phones and computers production all around the world. Also, a noteworthy growth in the automotive and the semiconductor sectors is positively impacting the solder flux sales, thus enhancing the growth of the global solder flux market.
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Return: 1.00%Break even: N/A
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Phosphoric Acid from Rock Phosphate (By Using 25% Venyl Sulphon Content Sulphuric Acid and Hydrochloric Acid)

Phosphoric acid (also known as orthophosphoric acid or phosphoric (V) acid) is a weak acid with the chemical formula H3PO4. Orthophosphoric acid refers to phosphoric acid, which is the IUPAC name for this compound. The prefix ortho- is used to distinguish the acid from related phosphoric acids, called polyphosphoric acids. Orthophosphoric acid is a non-toxic acid, which, when pure, is a solid at room temperature and pressure. The demand for phosphoric acid is primarily driven by the increasing demand for the production of phosphate fertilizers, which is closely related to the growing population worldwide. The global phosphoric acid market was valued at US$ 13,399.62 Mn in 2017 and is anticipated to register a stable CAGR of 3.0% from 2018 to 2026. The global phosphoric acid market is driven by rise in the demand for phosphate fertilizers. Phosphoric acid and its phosphate by-products can be used for sequestration of metal ions along with precipitation, pH control, nutrient source, scale inhibition, water fluoridation, lead precipitation agent, corrosion inhibitor, acidity regulator, synergy with surfactants, alkalizing capacity, dispersing agent, buffer agent, and softening and complexion agent. Phosphoric acid can be classified according to its use in metal treatment industry and detergents industry. India phosphoric acid market was dominated by fertilizer grade in 2015, and the segment is forecast to continue its dominance in the coming years, on account of large quantities of phosphoric acid required for production of phosphate fertilizers. West India accounted for the largest share in the country’s phosphoric acid market in 2015, and the region is expected to remain the largest consumer through 2021, predominantly owing to presence of major fertilizer manufacturing industries in Gujarat and Maharashtra.
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Return: 1.00%Break even: N/A
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Nitric Acid (60%) from Ammonia

Nitric acid is the primary reagent used for nitration – the addition of a nitro group, typically to an organic molecule. While some resulting nitro compounds are shock- and thermally-sensitive explosives, a few are stable enough to be used in munitions and demolition, while others are still more stable and used as pigments in inks and dyes. Nitric acid is also commonly used as a strong oxidizing agent. Nitric acid is made by the reaction of nitrogen dioxide (NO2) with water. Normally, the nitric oxide produced by the reaction is re-oxidized by the oxygen in air to produce additional nitrogen dioxide. Adding sulfuric acid to a nitrate salt and heating the mixture with an oil bath can make almost pure nitric acid. A condenser is used to condense the nitric acid fumes that bubble out of the solution. The global nitric acid market size is expected to reach USD 14.0 billion by 2022, progressing at a CAGR of 1.8% during the forecast period. Flourishing agriculture industry and surging demand for fertilizers are among the key trends escalating market growth. Nitric Acid Market is expected to observe a surge in demand due to growing application in production of various chemicals including calcium ammonium nitrate, ammonium nitrate, toluene di isocyanate, adipic solutions and nitrobenzene, especially used in fertilizers, pharmaceuticals, polyurethanes and other end use industries. In addition, rising need in various chemical industries including elastomers, polyurethane foams and coatings coupled with elastomers, foam plastics, floor & wood finishes, polyurethane foam coated fabrics and different insulation materials is anticipated to boost nitric acid market growth in the forecasted period. Nitric acid is one of the world’s largest commodity chemicals. It is used predominantly as an intermediate for fertilizer production (primarily ammonium and calcium ammonium nitrate) and for the production of nitro-containing organic intermediates. The market for nitric acid was mainly driven by fertilizer industry. Nitric acid is used in manufacturing of ammonium nitrate and calcium ammonium nitrate which finds application in fertilizers. Ammonium nitrate is also used in manufacturing of urea
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Return: 1.00%Break even: N/A
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Utensil Cleaning Bar

Utensil-cleaning products are formulations in powder, bar, paste or liquid form, containing a cleansing agent like synthetic detergent, soap, SLS, etc., along with powdered, mildly abrasive materials (optional in case of liquid). These are used primarily for cleaning of utensils and crockery, and secondarily for kitchen shelf and basin or even cooker tops, etc., where cleansing is affected by the combined action of detergency and scrubbing. In utensil cleaning category, dishwashing bars dominate market revenues, followed by liquid cleaners whereas dishwashing paste has negligible contribution. Consumers in urban areas are now upgrading to dishwashing liquids which are expected to register robust growth in the forecast period. Powder based utensil cleaners are now set to diminish from the market. The surface cleaning market is growing mainly because of rising awareness about brands due to heavy promotion by leading companies.
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Return: 1.00%Break even: N/A
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Hawai Chappal (Footwear)

Hawai chappals are lightweight footwear used by gents, ladies, and children and are used probably by every person in the society of all ages. Nowadays with the advancement of technology slippers are being manufactured in lot many variations including fancy chappals. Global Footwear Market is expected to garner $371.8 billion by 2020, registering a CAGR of 5.5% during the forecast period 2015 - 2020. Footwear industry is growing at a steady pace since the past few years. Analysis of the report includes various types of footwear including athletic and non-athletic shoes used by individuals of all age groups and gender. The rising demand for fancy, trendy yet comfortable footwear among all age groups is a key factor driving the global footwear industry. The global footwear market is segmented by type of footwear, end users of footwear, various platforms for sale of footwear, material used, and their sales across various geographies. Based on footwear type, the global footwear market can be classified as athletic footwear and non-athletic footwear. Athletic footwear includes aerobics shoes, running shoes, sports (cross training), walking shoes, soccer shoes, tennis shoes, cricket footwear, seasonal boots and others. Non-athletic footwear includes boots, casual, formal and rugged, and waterproof footwear. The global footwear market is rising expeditiously as footwear is increasingly becoming a fashion accessory. Not only this, the increasing demand for trendy, yet comfortable footwear among all age groups a key factor driving the global footwear market. With increasing participation in sporting activities and changing lifestyle, there is a massive demand for athletic shoes among non-sportspersons as well. Manufacturers are continuously focused on expanding their product portfolio in order to gain competitive advantage in this market.
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Return: 1.00%Break even: N/A
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Foam & Its Products (Mattresses, Cushions, Pillow Sheets)

Mattresses Mattresses are usually placed on top of a bed base which may be solid, as in the case of a platform bed, or elastic, such as an upholstered wood and wire box spring or a slatted foundation. Popular in Europe, a divan incorporates both mattress and foundation in a single upholstered, footed unit. Divans have at least one innerspring layer as well as cushioning materials. They may be supplied with a secondary mattress and/or a removable "topper." Mattresses may also be filled with air or water, or a variety of natural fibers, such as in futons. Kapok is a common mattress material in Southeast Asia, and coir in South Asia. The global mattress market was valued at $31,181.5 million in 2017 and is predicted to register a CAGR of 3.8%, during 2018–2023. Rise in purchasing power parity and growing global population are the major drivers for the mattress market. Increasing number of hotels and rooms are expected to drive the growth of mattress. According to World Tourism Organization (UNTWO), international tourism grew by 7% in 2017 and is expected to grow at a rate of 4-5% in 2018. Moreover, increasing tourism is expected to drive the growth of hotels worldwide, which would further support market growth. Based on end use, the mattress market has been classified into commercial users and residential users, out of which, commercial segment accounted for over 50% of revenue share in the global market in 2017. In the commercial segment, hotels are the main end users of mattresses as they change the mattresses more frequently than the residential users. On an average, a residential user changes their mattresses in 9-10 years, while the hotels change mattresses in around 5-6 years. Mattress market is fragmented with regional players having greater dominance in their respective regions. Global players such as Tempur Sealy International Inc, Serta Inc, Sleep Number Corporation, are set to enhance their footprint by expanding the manufacturing facilities, franchises and joint ventures in order to compete with regional players. Cushions A cushion is a soft furry bag of some ornamental material, stuffed with wool, hair, feathers, polyester staple fiber, non-woven material, or even paper torn into fragments. It may be used for sitting or kneeling upon, or to soften the hardness or angularity of a chair or couch. Decorative cushions often have a patterned cover material, and are used as decoration for furniture. The top countries contributing to Outdoor Cushions Industry market include the United States, European countries, Japan, China, India, Korea, Africa, and others. Custom country level and regional level information can be analyzed based on user’s interest.
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Return: 1.00%Break even: N/A
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Submersible Pump & Motor

A submersible pump (or sub pump, electric submersible pump (ESP)) is a device which has a hermetically sealed motor close-coupled to the pump body. The whole assembly is submerged in the fluid to be pumped. The main advantage of this type of pump is that it prevents pump cavitation, a problem associated with a high elevation difference between pump and the fluid surface. Submersible pumps push fluid to the surface as opposed to jet pumps having to pull fluids. Submersibles are more efficient than jet pumps. A submersible pump pushes water to the surface by converting rotary energy into kinetic energy into pressure energy. This is done by the water being pulled into the pump: first in the intake, where the rotation of the impeller pushes the water through the diffuser. Submersible pump is a mechanical device used for transferring various types of fluid in different end use industries and is highly preferred for agricultural and industrial applications. Submersible pump is vertically submerged under the fluid to be transported (such as water etc.) and is driven by electric current, operating on the principle of centrifugal force. Various kinds of submersible pumps are available in the market, serving different purposes. The Global submersible pump market is anticipated to reach USD 12.5 billion in 2023 witnessing a CAGR of 5.5% over the forecast period 2015-2023. Asia-Pacific accounted for the highest percentage share of 42% to the global market in 2014, however the market is estimated to reach USD 2.8 billion by 2016 This can be attributed to various factors such as growing urbanization, rapid growth in industrialization, increasing population and emerging economy of developing nations such as India, China and Japan.
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Return: 1.00%Break even: N/A
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HDPE Film Sheet

High Density Polyethylene (HDPE) is the high density version of PE plastic and is harder and denser than the LDPE, but is less ductile, and lighter than water. HDPE is well suited for applications where a greater tensile and compression strength is needed. HDPE films and sheets segment is also anticipated to observe lucrative growth rate by 2025. Unique properties of HDPE sheet include abrasion resistance, good electrical properties, low friction coefficient, chemical & corrosion resistance, moisture & odor resistance, and high impact strength. HDPE is widely utilized in food packaging industry and is FDA approved; borated HDPE is used on nuclear facility applications as it offers strong radiation protection. The global plastic films & sheets market is expected to reach USD 157.5 billion by 2025, according to a new report by Grand View Research, Inc. Rise in the global consumption of sustainable textiles has been a major factor driving market growth. Growing demand from application industries and rising prominence of eco-friendly and water soluble films have increased the utilization of plastic films and sheets in the global market.
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Return: 1.00%Break even: N/A
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Coated Paper & Board (Art & Chromo)

Coated Paper Coated paper is paper which has been coated by a mixture of materials or a polymer to impart certain qualities to the paper, including weight, surface gloss, smoothness or reduced ink absorbency. Various materials, including Kaolinite, calcium carbonate, Bentonite, and talc can be used to coat paper for high quality printing used in packaging industry and in magazines. The Coated Paper Market is projected to reach USD 7.18 Billion by 2021, at a CAGR of 3.2% from 2016 to 2021. In this study, 2015 has been considered as the base year, and the forecast period is from 2016 to 2021 to estimate the coated paper market. The growing demand for coated paper in Asia-Pacific, Europe, and North America coupled with its increasing demand for packaging and printing applications is expected to drive the coated paper market. Global coated paper market is expected to witness considerable growth owing to rapidly increasing demand from advertising and packaging industries. Coated paper offers gloss and matte texture finishes leading to rising applications in advertising materials, security papers, newspaper inserts, converted paper products, catalogue and magazines among others. Coated Board Coated Board is a coated, thick paper-based material. Coated Board is a paper with a basis weight (grammage) above 224 g/m2, but that is not absolute. Coated Board can be single (SBS) or multi-ply. Coated Board can be cut and formed, is lightweight, and as it is strong, is used in Packaging. Another end-use would be graphic printing, such as book and magazine covers or postcards.
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Return: 1.00%Break even: N/A
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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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