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

Sikkim is an Indian state situated in the Himalayas and is known to be landlocked. It is the least populous state in the country and the second smallest in area after Goa. In the past few years, the Sikkim Government has tried its level best to promote tourism in the state and has been successful in its task as well. The world's third highest mountain, Mt. Kanchenjunga, dominates this tiny Himalayan State with its beauty and majesty. The State is one of the 18 biodiversity hotspots in the world. It includes nearly one third of the total species of angiosperm found in the country; around 4,000 species of flowering plants; 300 species of ferns and allies; 144 species of mammals; 500 to 600 species of birds and so on. Rare Blue Sheep, Tibetan Mastiff, Yaks and Red Pandas are also found here. Such natural beauty along with ideal climatic condition of the State augurs well for the tourism industry. The green image of the State has made it an attractive investment destination.

It is a popular tourist destination owing to its culture, scenery and biodiversity. Kanchenjunga the world’s 3rd highest peak is the state’s highest point. The state’s economy is largely agrarian based on the terraced farming of rice, it also produces more cardamom than any other Indian state and is home to the largest cultivated area of cardamom. It lacks a large scale industrial base, brewing, distilling, tanning and watch making are the main industries. Noodle based dishes such as thukpa and chowmein are common, it is also the 3rd highest per capita alcoholism rate amongst all Indian states.

In Sikkim, agriculture is the main occupation of the inhabitants. Agriculture in Sikkim seems to be the basis of the socio-cultural pattern of the territory.

Sikkim is blessed by a fertile land that largely supports agriculture. The topography and the climatic condition of Sikkim is favorable for agriculture at Sikkim. Therefore, Sikkim witnesses a high yield every year. Among the chief crops grown in Sikkim are:

Wheat

Paddy

Maize

Barley

Buck wheat

Cardamom

Potatoes

Tea, etc.

It is noteworthy that Sikkim produces the highest amount of Cardamom in India. Sikkim is also known for housing the largest area of Cardamom field within the territory. Cardamom is among the two cash crops of Sikkim, besides potato. Sikkim is known for producing a special variety of tea that is known for its taste and quality throughout the world. One might come across a number of tea estates in Sikkim that form an integral part of Sikkim agriculture.

The important mineral resources of the state are copper-lead-zinc and silver reported in Bhotang, Rangpo and Dikchu in East Sikkim district. Occurrences of other minerals like dolomite, quartzite and steatite are reported in West Sikkim district. Limestone in North Sikkim district and Marble in East Sikkim and North Sikkim districts.

·         Bamboo and Cane Craft are deep rooted in traditional culture of the state.

·         Producer of Carpets of varied designs and high quality.

·         Handloom Products are famous for their beauty and intricate design.

·         Apparel and Garment making Unit at Barfok.

·         Carpet weaving at Makha.

·         Candle making at Namchi.

The above mentioned points proves that Northeast India has the potential to produce the country’s finest silk products, the same of which can be exported outside the country, elevating the economic standard and status of the Northeastern states besides putting Northeast in the cultural map of the world.

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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Colour Cem (Snowcem)

CEMCOLOR is an economy colour coating for exteriors. It is formulated for easy mixing and application. CEMCOLOR for lesser initial investment and good appearance. CEMCOLOR is based on white Portland cement and other ingredients which make it easy to apply and water repellent. It requires addition of water only in one stage. It contains pigment that are resistant to heat & light. CEMCOLOR is can be applied on the surfaces. To improve its adhesive properties, especially on smooth wall surfaces or bricks with sulphates, old cement paint surface, distempers, lime blocks & smooth non absorbent cement surfaces, CEMPROVER cement primer mixed with an equal measure of clean water should be applied as priming coat.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Staple Pin

Staple pins are most commonly used office stationery items. There is no official establishment where these products are not used. The demand is always growing with the increase in number of offices and industrial establishments. Currently there is no other substitute for these products. Staple pins are manufactured out of 0.5 mm thick long stips of Mild steel and Gem clips are made out of Mild steel wires of 18-20 Gauge. Staple Pins are made in strips of 50 nos. Normally a packet contains 20 Strips. The staple pins shall be sufficiently strong and shall not bend in use. The pins shall be clean and bright. For this nickel plating is done. The number of commercial organizations and industries are increasing year after year. The globalization and liberalization of industry and trade have also given birth to various commercial establishments and this provides ample scope for units manufacturing office stationery items. The growth of these items will be consistent.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Chili Sauce

Chili sauce is a liquid or concentrated product which can be poured from a container. It may be either homogeneous or a mixture. It is intended for use as a seasoning or condiment. The product should be prepared from good quality, clean ingredients which are mixed, processed appropriately to obtain the desired quality, and subjected to an appropriate process by heat before or after packing in a hermetically sealed container, so as to prevent spoilage. Increasing young population coupled with increasing globalization has led to an advent of diversity in food choices of young people, who are significantly proffering spices, thus fuelling revenues in the global hot sauce market. Further rising consumption of fast food among busy city dwellers can be considered as another factor for the increasing demand for hot sauces, particularly in the developing countries of Asia. Moreover, improving life style has led people across the globe try different cuisines, which can be considered as another prominent factor driving the demand for hot sauces. Apart from this, increasing trends for food travelling across the globe is also escalating the demand for hot sauces.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Aluminium Hydroxide IP

Aluminium hydroxide, Al (OH)3, is found in nature as the mineral gibbsite (also known as hydrargillite) and its three much rarer polymorphs: bayerite, doyleite, and nordstrandite. Aluminium hydroxide is amphoteric in nature, i.e., it has both basic and acidic properties. Closely related are aluminium oxide hydroxide, AlO (OH), and aluminium oxide or alumina (Al2O3), the latter of which is also amphoteric. These compounds together are the major components of the aluminium ore bauxite. The global aluminum hydroxide market is expected to witness a CAGR of approximately 4.6% during the forecasted period. The major factor driving the market is the rapid increase in demand for aluminum compounds and the increasing usage in polymer applications, as fire retardants.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Benzyl Benzoate

Benzyl benzoate (BnBzO) is a medication and insect repellent. As a medication it is used to treat scabies and lice. For scabies either permethr in or Malathion is typically preferred. It is applied to the skin as a lotion. Typically two to three applications are needed. Side effects may include irritation of the skin. It is not recommended in children. It is also used in other animals; however, is toxic to cats. The global benzyl benzoate market is expected to reach over US$ 80.7 million by 2025, expanding at a CAGR of 4.4% from 2017 to 2025.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Bright Steel Bar from Black Bar

Black steel is created through a mill process which involves rolling the steel at a high temperature (typically at a temperature over 1700° F), which is above the steel’s recrystallization temperature. When steel is above the recrystallization temperature, it can be shaped and formed easily, and the steel can be made in much larger sizes. Bright drawn steel is essentially black steel that has had further processing. The steel is processed further in cold reduction mills, where the material is cooled (at room temperature) followed by annealing and/or tempers rolling. The raw material used in the bright bar manufacturing process are called ‘black bars’ – steel wire rods that are mostly in coil form. They are cleaned by removing their scales, which is done either by ‘pickling’ (acid cleansing) or ‘shot blasting’ (blasting steel balls) techniques. Once cleaned, the curvy coil is opened, straightened and fed into the Combined Wire Drawing machine. In the drawing machine, the wire rods are reduced (‘drawn’) to a smaller diameter, straightened and polished/cut to required specifics. The resultant finished product is a Bright Bar (called ‘bright’ due to its shiny finish), also called a Cold Drawn Bar.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Silicon Release Paper

Silicone Release Paper makes a big impact in a lot of little ways throughout our daily lives. From the bandage paper we peel away after a nasty paper-cut to the backing of every postage stamp we place, silicone release paper keeps fresh and tacky a wide variety of adhesives. While normal paper bonds to adhesives, release paper is designed specifically to be easy to pull away, without the risk of it falling off on its own. Global silicone release paper market is expected to expand at a lucrative CAGR during the forecast period, due to rising demand from application segments such as tapes, labels and other sealant product industries. Expected growth in end use sectors: construction, food & beverages, automotive & electronics over forecast period is anticipated to drive the silicone release papers market worldwide.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Plastic Corrugated Sheet & Boxes

Corrugated plastic Sheets are extruded twin-wall profile with two flat top and bottom layers connected by vertical ribs. It is made of high impact polypropylene resin. Currently being exported to countries like Qatar, New Zealand, Germany, Philippines, UK and Spain, this product is achieving new growth. Since polypropylene corrugated sheets have a high strength to weight ratio due to the structure of construction, they also have good cushioning property with the presence of air between two layers. This high ratio makes these sheets cost effective. Plastic corrugated boxes are a versatile solution and a cost-effective replacement for cardboard, fiberboard, molded plastic, and other substrates. Corrugated bin boxes can be regular slotted containers (RSC), half slotted containers (HSC), or roll end lock front containers (RELF). World demand for corrugated boxes is forecast to increase 4.2% per year to 234 billion square meters in 2017, slightly outpacing real (inflation-adjusted) gains in GDP. Factors contributing to rising box demand include growth in industrial activities, particularly the manufacturing sector, which often requires corrugated packaging to protect and transport goods. The global Corrugated Plastic Sheets market will reach xxx Million USD in 2018 and CAGR xx% 2018-2023.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Steel Wire Rope

A steel wire rope is made up of individual steel wires spun into a strand. A number of strands are closed over a central core to make up a rope. The number and size of wires will determine the best compromise possible between large wires for maximum corrosion protection and resistance to abrasion, and smaller wires for the required flexibility and handling. Wire rope is several strands of metal wire twisted into a helix forming a composite "rope", in a pattern known as "laid rope". In stricter senses the term "wire rope" refers to diameter larger than 3/8 inch (9.52 mm), with smaller gauges designated cable or cords.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Homeo & Bio Medicines with Mother Tincture

Homeopathy is a type of option drug made in 1796 by Samuel Hahnemann taking into account his regulation of like cures like (similia similibus curentur), whereby a substance that causes the side effects of a sickness in solid individuals will cure comparable manifestations in wiped out individuals. Biomedicine is a major engine for both medical progress and economic growth as well as an integral part of how health, illness, and individual identity are understood. However, the foundations of biomedicine are in the midst of a great transformation, a transformation with profound implications for medicine, research, commerce, and public policy. Global homeopathy product market will exhibit a promising 18.2% CAGR over the period between 2016 and 2024. If the number holds true, the market, which valued at US$3,867.7 mn in 2015, is expected to reach US$17,486.2 mn by 2024.
Plant capacity: -Plant & machinery: -
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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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