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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.

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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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Toner Ink for Laser Printers, Xerox Machine

Toner Ink is acknowledged for its clear prints and quick drying features. These toners find an extensive application in various industries for the purpose of printing various kind of documents. Further, these toners can be easily installed in various printers and can be availed in several colors. This toner ink is available in air tight packing in order to retain its quality. Characteristics: • Quick drying • Resistant to blotting • Easy to use • Enhanced shelf life • Can tolerate variable temperature • Enable fine printing • Optimum quality Printing Toners Market share will cross USD 5.5 billion by 2024. Robust growth in packaging industry will be a significant driver to global printing toners market by 2024. Rising demand for the enhanced packaging designs from numerous industries including pharmaceutical, food & beverage, electronic gadgets, textile, etc. will propel the printing toners market size. Innovative trends in the advertising and branding industries, increasing importance to the aesthetic traits of the product labeling and packaging will also have positive influence on the industry over the forecast period. Growing advertising and branding industries are also anticipated to boost printing toners demand. Extensive use of printing toners in printing of catalogs, book marks, banners, brochures and manuals is expected to fuel the market over the forecast period. Increasing demand of multiuse printers with tailored capacities is anticipated to drive printing toners market over next seven years. Digitalization has enhanced printing processes making them more efficient and thus is anticipated to drive printing toners market over the forecast period. Development of ink formulations is also expected to product demand over the forecast period, owing to their high quality performance. Major market players operating in printing toner market are Xerox Corporation, IMEX Co. Ltd, Samsung Fine Chemicals, ACM Technologies, Astro-Med, Inc, Canon, Inc., Colart International, American Tonerserv Corp, Toner Italia SRL, INX International Ink Co, and Absolute Printing.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Bamboo Charcoal Manufacturing Business

Bamboo Charcoal Manufacturing Business. Production of Activated Charcoal from Bamboo Bamboo charcoal powder consists of pieces of bamboo plants, which are harvested after a minimum of five years. It is manufactured using the pyrolysis or carbonization process, which usually consists of heat treatment at the temperature of 800°C to 1200°C. The process imparts high adsorption properties to the bamboo charcoal powder, thus making it useful for a wide range of applications. Bamboo charcoal powder can attract and hold a variety of materials, minerals, chemicals, humidity, radio waves, odors, and other substances. Thus, it provides these materials with healing and detoxification characteristics. The use of bamboo charcoal powder is also popular because it is an environmentally-friendly product. Bamboo charcoal can be used as household fuel for heating and cooking, as well as in a range of purification and absorption applications, such as purifying drinking water, in air filters, in mattresses and pillows as a deodorizer, and for certain industrial purification uses. Bamboo vinegar, a by-product of the manufacturing process, is also used as an ingredient in health products. Bamboo is an excellent resource for charcoal because of its high surface area (up to 385 m2/g) and the ability to reach high temperatures (the surface temperature of bamboo charcoal can reach 700°C). Bamboo grows naturally because of the country’s largely undisturbed forests and the limited agriculture practiced in areas where bamboo proliferates. Four dzongkhags have a significant production of bamboos. These are Samtse, Samdrup Jongkhar, Tsirang and Zemgang. Bamboo charcoal can be used for a wide range of different purification and absorption application. Reduce Indoor Air Pollution - Bamboo charcoal absorbs harmful chemicals in the air. It is especially useful for absorbing formaldehyde, ammonia, benzene from paints and strong adhesives, or when antifreeze is kept indoors. It also reduces smog a it absorbs carbonic oxide, ammonia, formaldehyde, benzopyrene, nicotine, and tar. Purifying Drinking Water - As bamboo is naturally anti-bacterial and anti-fungal, bamboo charcoal also possesses similar properties. Bamboo charcoal also absorbs 2, 4-dichloro-hydroxybenzene, a major harmful pollutant in drinking water. Bamboo charcoal also eliminates harmful substances such as surplus chlorine, chloroform, and contains rich natural mineral, like, potassium, magnesium, sodium, calcium etc. Water quality is improved when bamboo charcoal is used in cooking and boiling. Adjusting Humidity - Bamboo charcoal is both an effective natural humidifier and dehumidifier, a result of the pores present in its substructure which can trap and release moisture. Promote Metabolism and Blood Circulation - As bamboo charcoal absorbs and emit far infrared rays, it promotes blood circulation. Bamboo charcoal in mattresses, cushions and comforters help to warm the body faster. Due to its absorbent properties, bamboo charcoal is often used in refrigerators, trash cans, shoe insoles, etc. to absorb odor. Bamboo charcoal products are not only functionally sound, but also good for protecting the environment. Market Outlook Based on the raw material required for manufacturing bamboo charcoal, bamboo charcoal market is categorized into raw bamboo charcoal and bamboo briquette charcoal. Raw bamboo charcoal and bamboo briquette charcoal are prepared from branches, roots, and culms of bamboo plants. Different manufacturing method for preparation of bamboo charcoal powder include the brick kiln process and mechanical process. The bamboo charcoal market is broadly categorized into three major segments based on the application type such as food industry, textile industry and cosmetics industry. Cosmetics industry segment is growing rapidly in the bamboo charcoal market with substantial revenue generation in the last few years. Growing popularity of bamboo charcoal in cosmetics industry segment is attributed to the increasing product penetration in newer market and increasing use in household applications. The global charcoal market is estimated to value $5,813.2 million in 2017 and is projected to grow at a CAGR of 2.0% during the forecast period. The growing demand for charcoal as a metallurgical fuel in the metal and mining industries is driving the growth of the market. On the basis of type, the charcoal market is segmented into lump charcoal, charcoal briquettes, Japanese charcoal, sugar charcoal, and others. Others include various forms of activated charcoal. In terms of value, lump charcoal is estimated to contribute the largest share, of more than 67.0%, to the market in 2017. Lump charcoal burns quickly and produces a high amount of heat on burning. Owing to these properties, the demand for lump charcoal is growing for barbecue cooking purposes. Charcoal is increasingly being used in the production of steel, ferroalloys, aluminum, lead, cast iron, tin, copper, lanthanides, nickel, and some rare metals. It is also employed in the smelting of certain types of brass and bronze. The demand for charcoal is increasing due to technological developments and growing inclination toward the use of clean and renewable resources. Charcoal briquettes compressed from biomass materials produce less ash and reduce greenhouse gas emissions. They are therefore more preferred than traditional fuels. Such environmental sustainability benefits are fueling their demand among users, which, in turn, is driving the growth of the charcoal market. Asia-Pacific region is estimated to hold a major share in the bamboo charcoal market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rapid industrialization, rising demand form end-use industries, and significant investment by leading industry players considering potential growth opportunities in the region. The key players in the bamboo charcoal market are Hangzhou Fuyang Motor Carbon Ltd., Guilin Hsinchu Nature Biomaterials, Apex Biotechnology Corp., Jiangshan City Green, The Charcoal House, Japan Daisentakezumi Corp., Quzhou Modern Carbon Industry, Shanghai Hainuo Carbon Industry, and the Suichang Bamboo Charcoal Factory. Tags #ABC_(Activated_Bamboo_Charcoal), #Bamboo_Charcoal, #Bamboo_Charcoal_and_Activated, Activated Charcoal, How to Make Activated Charcoal, How to Make Activated Bamboo Charcoal, #Production_of_Activated_Charcoal_from_Bamboo_Wastes, #Production_of_Activated_Charcoal, Production of Activated Charcoal, #Bamboo_Based_Activated_Charcoal_Manufacturing Business, Bamboo Charcoal, Bamboo Charcoal Making, #Bamboo_Charcoal_Production, Bamboo Charcoal Making Business, Bamboo Charcoal Production Process, How to Make Bamboo Charcoal, Bamboo Charcoal Uses, Bamboo Charcoal Making Unit, Bamboo Charcoal Production Business, Bamboo Charcoal Business, Charcoal Making Business, Charcoal Manufacturing Plant, Production of Activated Carbon from Industrial Bamboo Wastes, Production of Activated Carbon from Bamboo, Preparation of Activated Carbon from Bamboo, Activated Bamboo, Activated Carbons Prepared from Bamboo, Preparation of Activated Carbon, Producing Activated Carbon from Bamboo, Activated Carbon and Its Application, Production of Activated Carbon Pdf, Activated Carbon Production Process, Activated Carbon Production Plant, Bamboo Charcoal Powder, Preparation of Activated Carbon from Bamboo, Preparation of Bamboo-Based Activated Carbon, Charcoal Manufacturing Plant Business, #Project_Report_on_Charcoal_Manufacturing_Industry, Detailed Project Report on ABC (Activated Bamboo Charcoal) Manufacturing Business, Project Report on Charcoal Manufacturing Plant, #ABC_(Activated_Bamboo_Charcoal)_Production, Pre-Investment Feasibility Study on Bamboo-Based Activated Charcoal Manufacturing, #Techno_Economic_feasibility_study_on_Bamboo_Charcoal_Production, Feasibility report on Charcoal Manufacturing Plant, Free Project Profile on ABC (Activated Bamboo Charcoal) Production, Project profile on Bamboo Charcoal Production, Download free project profile on Bamboo Charcoal Production, Bamboo Charcoal Manufacture, Production of Activated Charcoal from Natural Sources
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Beer Plant

Beer contains approximately 90% water, and the importance of the liquor to final beer quality cannot be over-estimated. Historically a correlation was observed between the liquor composition of an area and the type of beer that the region could best brew. There are several steps in the brewing process, which include malting, milling, mashing, lautering, boiling, cooling, fermenting, maturation, filtering, and packaging. The production of malt beverages, or beer, comprises four main stages: brew house operations, fermentation, aging or secondary fermentation, and packaging. The annual growth in the Indian beer market has been around 8% in the recent years, which compares well with the growth in China. But the Chinese market of 20 mn kl is over 25 times more than the Indian market of over 900,000 kilolitres. The Beer market in India will grow at a CAGR of 16.94 percent and 14.57 percent on the basis of revenue and volume. The Global Beer Market was valued at $593,024 million in 2017, and is projected to reach $685,354 million by 2025, growing at a CAGR of 1.8% from 2019 to 2025. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Appollo Distilleries & Breweries Pvt. Ltd. • Arthos Breweries Ltd. • Aurangabad Breweries Ltd. • Castle Breweries Ltd. • Devans Modern Breweries Ltd. • Doburg Lager Breweries Ltd. • Doon Valley Brewers Ltd.
Plant capacity: 15385 Bottles/DayPlant & machinery: Rs 387 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1590 lakhs
Return: 29.00%Break even: 47.00%
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Commercial Vehicles Dealership -Sale of Commercial Vehicles -Spares -Servicing

Commercial vehicles are always under heavy duty operating conditions and therefore require more frequent servicing and repair needs of major and minor viz axle repair, leaf springs, bushings and engine repairs etc. All types of motor commercial vehicles like 4 wheeler buses, LCVs and HCVs, jeeps, and off shore heavy duty vehicles require regular normal service and repairs for safety and durability of these vehicles. India’s commercial vehicles of around 29 million during 2015 are expected to grow to more than 48 million vehicles by 2020. Also, domestic sales of commercial vehicles are expected to grow at a CAGR of 11.6% from 0.6 million in 2015 to more than 2 million by 2026.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Ashok Leyland Ltd. • Tata Motors Ltd. • Ashok Leyland Vehicles Ltd. • Asia Motor Works Ltd. • Mahindra Nissan Allwyn Ltd. • Man Trucks India Pvt. Ltd.
Plant capacity: Heavy Commerical Vehicles (HCVs): 480 Nos./Annum Commerical Vehicles (CVs): 1440 Nos./Annum Small Commerical Vehicles (SCVs): 1200 Nos./Annum Servicing of Heavy Commerical Vehicles (HCVs):60 Nos./Annum Servicing of Commerical Vehicles (CVs)Plant & machinery: Rs 350 lakhs
Working capital: -T.C.I: Cost of Project: Rs 1956 lakhs
Return: 28.00%Break even: 43.00%
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Corrugated Galvanized Sheet

Corrugated Galvanized Iron sheets are at present the best known, most widely available low cost roof covering material.Corrugated iron sheets are classified according to their thickness and surface area.Corrugated sheets are roll formed by roll forming machines, the thickness and color can be different and these panels are featured with easy installation, high strength, more economic. The demand for corrugated iron sheet is met through both local production and import. The demand for corrugated iron sheet is projected to reach 1,418,399 tons and 2,852,906 tons by the year 2017 and 2022, respectively.Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Asian Colour Coated Ispat Ltd. • Assam Roofing Ltd. • B M W Ventures Ltd. • BalajiNiryaat Pvt. Ltd. • Ballabh Commercial Ltd. • Bharat Berg Ltd.
Plant capacity: 500 Nos./DayPlant & machinery: Rs 25 lakhs
Working capital: -T.C.I: Cost of Project: Rs 531 lakhs
Return: 30.00%Break even: 39.00%
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Turmeric, Dhania and Chilli Powder

Spices impart aroma, color and taste to food preparations. The volatile oils from spices give the aroma and the oleoresins impart the taste.Spices are non-leafy parts (e.g. bud, fruit, seed, bark, rhizome, and bulb) of plants used as a flavoring or seasoning, although many can also be used as an herbal medicine. The Indian spices market is projected to reach approximately USD 18 billion by 2020 with growth in the sector is expected to be led by branded spices and spice mixes. The Indian government is aggressively promoting spice exports through various initiatives such as setting up of spice parks. Spice Parks offer common processing facilities to both producers and exporters.As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • A D F Foods Ltd. • Aachi Masala Food'S Pvt. Ltd. • AkayFlavours& Aromatics Pvt. Ltd. • Catch Foods (India) Ltd. • Chordia Food Products Ltd. • Devon Foods Ltd.
Plant capacity: Turmeric Powder: 200 Kgs./Day Dhania Powder: 200 Kgs./Day Chilli Powder: 200 Kgs./DayPlant & machinery: Rs 16 lakhs
Working capital: -T.C.I: Cost of Project: Rs 78 lakhs
Return: 26.00%Break even: 65.00%
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Energy Bar

Energy bars may contain high levels of sugar and sometimes are called "candy bars".Energy bars, which contain some form of milk-derived or plant-based protein like whey, hemp, pea or rice protein. Energy bars are the fuel you need for your busy life. These bars feature 2:1 carbs to protein ratio for energy and recovery from your active lifestyle. They provide carbs and protein. The India Energy bar market is expected to reach USD 99.23 million by 2023 witnessing a double digit CAGR during the forecast period 2018-2023. The India Energy bar sale has recorded a historic CAGR of 14.1 during the past five year. Energy bar holds the largest share of 60% in Indian snack bar market, which is growing at a faster rate.Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Aayush Food & Herbs Ltd. • Cosmic Kitchen Pvt. Ltd. • Dukes Products (India) Ltd. • Herbalife International India Pvt. Ltd. • Naturell (India) Pvt. Ltd. • PatanjaliAyurved Ltd.
Plant capacity: 40000 Pcs./DayPlant & machinery: Rs 183 lakhs
Working capital: -T.C.I: Cost of Project: Rs 520 lakhs
Return: 31.00%Break even: 57.00%
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Vacuum Fried Vegetable Chips

It is a frying process that is carried out at pressures well below atmospheric level. It has been used forvariety of fruits and vegetables that include mango, banana, jackfruit, coconut, strawberry, pineapple, carrot, radish, pumpkin, sweet potato, okra, beetroot, beans and plantain. Vacuum frying offers an alternative technique to improve the quality of fried fruit and vegetables other than by atmospheric deep frying process. India’s salty snack market to be valued at more than $2 billion (Rs17,000crore), and expects it to surpass sales of nearly $5 billion (Rs 35,801 crore) by 2020.these packaged food firms could grow twice as fast as their multinational corporation’s rivals such as PepsiCo by 2020 in this segment.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Amrit Agro Inds. Ltd. • Balaji Wafers Pvt. Ltd. • D F M Foods Ltd. • Frito-Lay India • Gopal Snacks Pvt. Ltd. • Haldiram Foods Intl. Ltd.
Plant capacity: Sweet Potato Chips: 10 Kgs./Day Okra Chips: 10Kgs./Day Beans Chips: 10Kgs./Day Plantain Chips: 10Kgs./Day Jack Fruit Chips: 10Kgs./Day Banana Chips: 10Kgs./Day BeePlant & machinery: Rs 70 lakhs
Working capital: -T.C.I: Cost of Project: Rs 302 lakhs
Return: 27.00%Break even: 53.00%
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Wood Plastic Composite(WPC)

WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. They are used in a variety of structural and non-structural applications ranging from component and product prototyping to outdoor decking. Wood plastic composites (WPCs) are roughly 50:50 mixtures of thermoplastic polymers and small wood particles. WPC can be manufactured in a variety of colors, shapes and sizes, and with different surface textures. WPCs made with wood-polypropylene are typically used in automotive applications and consumer products, and these composites have recently been investigated for use in non-structural building profiles. The Indian market for particle board and plywood is estimated in value terms, at over Rs. 37 bn. Of the total market the wood-plastic composites market is projected to reach US$2.6 bn in 2012. Analysts anticipate the market to expand at a CAGR of 10.80% during the period from 2013 to 2019 and attain a value USD 5.84 Billion by 2021, at a CAGR of 12.4% from 2016 to 2021. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Aryan Enterprises Pvt. Ltd. • Bajaj Eco-Tec Products Ltd. • Best Board Ltd. • Divine Board Pvt. Ltd. • Jindal G S L Pvt. Ltd. • Mangalam Timber Products Ltd.
Plant capacity: 10,000,000 Sq. Ft./ AnnumPlant & machinery: Rs 150 lakhs
Working capital: -T.C.I: Cost of Project: Rs 474 lakhs
Return: 29.00%Break even: 68.00%
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Mini Steel Plant(Steel Long Products TMT Bars, Flats, Angles, Channels& Girder)

Steel flat and steel long, depending on the shape of steel manufactured.Steel flat includes steel products in flat, plate, sheet or strip shapes. Steel flat is mostly used in construction, shipbuilding, pipes and boiler applications. The TMT bars are widely used in construction works such as high-rise building, industrial structures, flyovers and bridges etc.The steel long products are required to produce concrete, blocks, bars, tools, angles, grider, gears and engineering products. Indian demand is projected to rise to 200 million tonnes by 2015. Given the strong demand scenario, most global steel players are into a massive capacity expansion mode, either through brownfield or greenfield route. By 2012, the steel production capacity in India is expected to touch 124 million tonnes and 275 million tonnes by 2020.This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Bildon Steels (India) Ltd. • Brilliant Steel Products Ltd. • C P Re-Rollers Pvt. Ltd. • Chamundi Steel Castings (India) Ltd. • Dewas Metal Sections Ltd. • Diamond T M T &Procon Pvt. Ltd.
Plant capacity: 200 MT/DayPlant & machinery: Rs 2319 lakhs
Working capital: -T.C.I: Cost of Project: Rs 4130 lakhs
Return: 29.00%Break even: 47.00%
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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