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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.

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Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

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.
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Silicone Coated Paper

Silicone coated paper imparts certain qualities to the paper including weight release, surface gloss, smoothness and reduced absorbency. The coated paper can then be used in food packaging, release paper and in magazines. In the paper industry, Silicon Coated Paper is highly appreciated for the quality it offers.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Pentaerythritol

Pentaerythritol is an organic compound with the formula C (CH2OH)4. Classified as a polyol, it is a white solid. Pentaerythritol is a building block for the synthesis and production of explosives, plastics, paints, appliances, cosmetics, and many other commercial products. Pentaerythritol was selected as a candidate material in the temperature range below 200°C. It is a material with several interesting features. Its heat of crystalline transition is as large as the heat of fusion of ice and it is not costly, because it is produced on a relatively large scale as a chemical commodity. Pentaerythritol or 2, 2-bis (hydroxymethyl)propane-1,3-diol is an odorless white, crystalline, solid organic compound. It is tetrahydric neopentyl alcohol with chemical formula C5H12O4 and is non-hygroscopic, non-volatile, and stable in air. It is predominantly used in the surface coating industries. The global pentaerythritol market includes rapid industrialization, increasing automotive production and sales, and rising building & construction activities across the globe. Furthermore, increasing automotive production along with rising application scope such as surface coating and lubricants is estimated to propel the growth of the market. Pentaerythritol is an alcohol containing four hydroxyl groups obtained from the aldol condensation process of formaldehyde and acetaldehyde. Pentaerythritol is an odorless, light yellow crystalline powder soluble in water. Pentaerythritol has different derivatives such as pentaerythritol esters, pentaerythritol tetranitrate, pentaerythritol tri-acrylate and dipentaerythritol. The global pentaerythritol market is categorized on the basis of application, and region. On the basis of the application, the market is categorized into paints & coatings, plasticizers, lubricants, adhesive & sealant, inks, varnishes, and others.
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Sodium Metabisulphite

Sodium metabisulfite or sodium pyrosulfite (IUPAC spelling; Br. E. sodium metabisulphite or sodium pyrosulphite) is an inorganic compound of chemical formula Na2S2O5. The substance is sometimes referred to as disodium metabisulfite. It is used as a disinfectant, antioxidant, and preservative agent. Sodium metabisulfite is a reducing agent used in dough. It is used frequently in cookie and cracker production. It is also used as a preservative for baked goods, wine, dried fruit and jams due to its antioxidant capacity. Sodium Metabisulfite is a white crystalline or powder solid with a slight sulfur odor. Toxic by inhalation. Strongly irritates skin and tissue. Noncombustible, but may decompose to emit toxic oxide fumes of sulfur and sodium when heated to high temperature. A corrosive acid when mixed with water. Used as a food preservative and as a laboratory reagent. Sodium metabisulphite is used as a preservative in dried foods and canned juices, amongst others. It is also being used as an important additive in the sea food processing majorly shrimps. Sodium metabisulphite is also used as a softener in dough for making bakery products. The global increase in demand for packaged food products is expected to boost the sodium bisulphite market with application in the food and beverage industry. Moreover, the demand for food additives and preservatives is also expected to fuel the growth of the market. Furthermore, increase in research and development in new drug formulation has triggered the market demand of sodium metabisulphite in the pharmaceutical industry. Sodium metabisulphite is used in commercial wines to prevent oxidation and preserve flavor, which is likely to gain traction with increase in new brewery firms. With the increase in furniture and dcor demand, the market for sodium metabisulphite is expected to gain significant demand owing to its excellent bleaching properties. However, laboratory tests have shown carcinogenic results on exposure to sodium metabisulphite, which is expected to hinder the market growth. Rapid industrial expansion is expected to drive its market. The global Sodium Metabisulphite market is projected to reach a value of US$ 266.5 Mn, recording a CAGR of 5.3%.
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Return: 1.00%Break even: N/A
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Calcium hypochlorite

Calcium hypochlorite is an inorganic compound with formula Ca (ClO)2. It is the main active ingredient of commercial products called bleaching powder, chlorine powder, or chlorinated lime, used for water treatment and as a bleaching agents. This compound is relatively stable and has greater available chlorine than sodium hypochlorite (liquid bleach). It is a white solid, although commercial samples appear yellow. Used properly, by well-trained pool operators, this compound destroys germs that are capable of causing numerous health problems for pool users--diarrhea, swimmer's ear (a nasty earache) and various respiratory, skin and wound infections. Spa and hot tub waters are also disinfected with calcium hypochlorite--it's a chemical wonder that makes healthful water recreation possible. Calcium hypochlorite is a chemical compound with formula Ca(ClO)2. It is widely used for water treatment and as a bleaching agent or disinfectant. Calcium hypochlorite is one of the widely used chemicals for water sanitation across the globe that helps prevent water related diseases such as cholera and typhoid. It is extensively available across the globe and is also used for cleaning public pools. Calcium hypochlorite offers a favorable cost-to-performance ratio, as it provides protection from germs and is cost effective. The global calcium hypochlorite market can be divided based on product form and application. Based on the product form, the market is sectored into powder, pellet, and granule. On the basis of application, the market is divided into water treatment, house cleaners and detergents, agrochemicals, food and beverage, and pulp & paper. Calcium Hypochlorite is an active ingredient of various commercial products such as chlorine powder, bleaching powder and other. The Calcium Hypochlorite is mainly used in the water treatment applications as bleaching agents. Calcium Hypochlorite is an inorganic compound that is present in the white granular solid form.
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Return: 1.00%Break even: N/A
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Casein from Milk

Casein pronounced "kay-seen" in British English, is a family of related phosphoproteins (?S1, ?S2, ?, ?). These proteins are commonly found in mammalian milk, comprising c. 80% of the proteins in cow's milk and between 20% and 45% of the proteins in human milk. The Casein has a wide variety of uses, from being a major component of cheese, to use as a food additive. The most common form of casein is sodium caseinate. Casein is one of the two types of proteins in milk. It carries the same amino acid profile as whey but is absorbed differently. This means it offers a full array of amino acids to help your muscles achieve protein synthesis rather than protein breakdown. Maximuscle Micellar Casein, for example, is created from fresh skimmed milk to reduce lactose and fat but offer a full profile of slow release proteins. Casein is the protein found in all mammals’ milk. Mammals include cow, goat, sheep, yak, buffalo, camel and humans. This includes human breast milk even if the mother is on a GFCFSF diet. The global casein and caseinate market is anticipated to expand at a steady pace in the upcoming years. Casein is a type of protein which akin to other proteins helps build and repair tissues. Commonly found in mammalian milk, casein is often marketed as an alternative to another common dairy-based protein- whey protein. Casein obtained either from food or from a supplement could be a useful addition to the diet with several potential benefits. The global casein and caseinates market is projected to grow at the rate of 3.5% during the forecast period 2018 to 2023. Casein and caseinates are witnessing huge demand from food & beverages and various industrial applications including the plastic and fiber, paint, paper, glues, and textiles industries. The Global Casein & caseinate market is awaited to spread at a substantial pace in the coming years. Higher consumer demand for rich protein and momentous benefits of casein over other proteins in food and beverages industry is fueling the growth of this market.
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Return: 1.00%Break even: N/A
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Sulfamethoxazole

Sulfamethoxazole is an antibiotic. It is used for bacterial infections such as urinary tract infections, bronchitis, and prostatitis and is effective against both gram negative and positive bacteria such as Listeria monocytogenes and E. coli. Sulfamethoxazole is a bacteriostatic antibacterial agent that interferes with folic acid synthesis in susceptible bacteria. Its broad spectrum of activity has been limited by the development of resistance. Sulfamethoxazole and trimethoprim combination is used to treat infections such as urinary tract infections, middle ear infections (otitis media), bronchitis, traveler's diarrhea, and shigellosis (bacillary dysentery). This medicine is also used to prevent or treat Pneumocystis jiroveci pneumonia or Pneumocystis carinii pneumonia (PCP), a very serious kind of pneumonia. Sulfamethoxazole is a sulfonamide bacteriostatic antibiotic that is most commonly used in combination with trimethoprim as the drug Bactrim. Sulfamethoxazole competitively inhibits dihydropteroate synthase preventing the formation of dihydropteroic acid, a precursor of folic acid which is required for bacterial growth.
Plant capacity: -Plant & machinery: -
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Return: 1.00%Break even: N/A
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Galvanising of Zinc (By Electrical Process)

The Zinc Galvanizing process starts by carefully cleaning the surface of the steel by hoisting it from the Black area by a 2MT EOT crane and immersing it in a degreasing tank filled with an acid based degreaser after which it is cleansed twice in pickling tanks filled with 15% con. Zinc Galvanizing plants demand for lot of participation by the promoters as it has to stabilize the plant processes and parameters and involve the plant management to achieve the targets aimed.
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Return: 1.00%Break even: N/A
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Poppy Seed Oil by Expeller Process

Poppyseed oil (also poppy seed oil, poppy oil, and oleum papaveris seminis) is an edible oil from poppy seeds (seeds of Papaver somniferum, the opium poppy). The oil has culinary and pharmaceutical uses, as well as long established uses in the making of paints, varnishes, and soaps. Poppyseed oil is used as a high end salad oil and for refining sweet dishes, mueslis and salads. Due to its high content of polyunsaturated linoleic acid virgin poppyseed oil shouldn't be used for cooking and baking. Poppy seed oil is oil obtained from the seeds of yellowish-brown opium plant. It is a precious source of nutrients including saturated fatty acids, minerals and vitamins. Poppy seed oil is unique to the market and has several nutrient benefits due to the presence of large amounts of unsaturated essential fatty acids. The global poppy seed oil market is segmented on the basis of nature, application, distribution channel, and region. Based on the nature of poppy seed oil, it is segmented as organic and conventional. The organic oil market remains persistent in growth in the food sector this is due to the attractiveness of healthier and safe to use products. The global poppy seed oil market is segmented on the basis of nature, application, distribution channel, and region. Based on the nature of poppy seed oil, it is segmented as organic and conventional. The organic oil market remains persistent in growth in the food sector this is due to the attractiveness of healthier and safe to use products. The growing concern among consumers regarding non-organic/conventional oil using chemicals processing is expected to further increase the demand for organic poppy seed oil. The global production of poppy seeds was valued at 92 thousand metric ton in 2016 and is expected to register a CAGR of 2.3%. On the bases of application the poppy seed oil is segmented as food, dietary supplements and other uses: which include industrial uses such as making soap paints and varnishes. Among these the market for poppy seed oil in food applications is expected to grow steadily whereas the supplement market is driven by increasing consumer awareness and promotions on social media and hence is expected to show a relatively faster growth rate in terms of value over the forecast period.
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Return: 1.00%Break even: N/A
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High Alumina Ceramic

Alumina ceramic (Aluminum Oxide or Al2O3) is an excellent electrical insulator and one of the most widely used advanced ceramic materials. Additionally, it is extremely resistant to wear and corrosion. Alumina components are used in a wide range of applications such as electronics, pump components and automotive sensors. Alumina based ceramics are by far the largest range of advanced ceramics made by Morgan Technical Ceramics. Due to the important combination of properties, the behaviour and characteristics of our Alumina products to give you the best possible component. Alumina ceramic is the most mature of the engineering ceramics, offering excellent electrical insulation properties together with high hardness and good wear resistance but relatively low strength and fracture toughness.
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Return: 1.00%Break even: N/A
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Rubberised Coir Mattresses

Rubberized Coir is a natural fiber and is relatively airier in design. This helps air to circulate well inside the mattress and maintains a relatively cool sleeping temperature. Rubberized coir mattresses are good on one side, coir mattress being natural product keeps sleeper comfortable all the weathers. 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.
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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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