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

Tripura is a state in Northeast India. The third-smallest state in the country, it covers 10,491 km2 (4,051 sq mi) and is bordered by Bangladesh (East Bengal) to the north, south, and west, and the Indian states of Assam and Mizoram to the east. Tripura is a landlocked state in North East India. The state has a tropical savanna climate, designated Aw under the Köppen climate classification. The undulating topography leads to local variations, particularly in the hill ranges. The four main seasons are winter, from December to February; pre-monsoon or summer, from March to April; monsoon, from May to September; and post-monsoon, from October to November.

Tripura's gross state domestic product for 2010–11 was 129.47 billion (US$2.1 billion) at constant price (2004–05), recording 5.71 per cent growth over the previous year. In the same period, the GDP of India was 48778.42 billion (US$790 billion), with a growth rate of 8.55 per cent. Tripura is an agrarian state with more than half of the population dependent on agriculture and allied activities. However, due to hilly terrain and forest cover, only 27 per cent of the land is available for cultivation. Rice, the major crop of the state, is cultivated in 91 per cent of the cropped area.

TOURISM

Tripura has a geographical area of about 10,492 sq. km. almost two-thirds of the state is under hilly terrain and it is surrounded on three sides by the deltaic basin of Bangladesh. The Tripura tribal’s are divided into two groups: Puran Tripuras and Natun Tripuras. The Puran Tripuras are the original inhabitants of the State and constitute a little over 16% of the total and 57% of the tribal population of the State. The Department of Tourism, Govt. of India, under the ministry of Tourism and Culture has been providing liberal financial and technical support for the tourism development in the state based on the projects received from the states. It is quite clear that Tripura has tremendous and quite unique tourism potential. This could be tapped mainly through the concept of Eco-tourism and Heritage tourism. Nature / wildlife tourism, adventure tourism, rural tourism, leisure tourism, pilgrimage tourism, international border tourism could be some special tourist packages. The Tourism Development in the Northeast region will depend on integrated approach, involving various government departments, private entrepreneurs, voluntary organizations and local community. This approach will also help in evolving local people’s perception towards tourism development as a strong tool for socio-economic up liftment.

INDUSTRIAL SECTOR

The State Government offers a package of incentives for setting up of industrial units, which is comparable to other states. Besides, the special incentive package i.e. North East Industrial and Investment Promotion Policy (NEIIP) declared by the Government of India for the North East Region is available to industrial units.

State Package of Incentives under Tripura Industrial Investment Promotion Incentive Scheme-

•                    Capital Investment Subsidy @ 30% and additional subsidy @ 2.5% for enterprises of ST, SC, & women individuals on Fixed Capital Investment.

•                    Full Reimbursement of Standard Certification Fees /Charges / other expenses on account of obtaining a standard Certification.

•                    Provides State Transport Subsidy for covering the portion for which Central Transport Subsidy is not available

•                    85% Exemption from the payment of Earnest Money and Security Deposits on tenders floated by State Govt. Department / Agencies.

Incentives declared by Central Government:

•                    Exemption of Excise Duty on finished products.

•                    Central Transport Subsidy.

•                    Income Tax Benefit.

•                    Capital Investment Subsidy.

•                    Comprehensive Insurance Scheme for insurance coverage. Subsidies to service sector, bio-technology and power generating industries.

INVESTMENT OPPORTUNITIES

Tripura offers an investor-friendly environment. The Government welcomes investments into the State, from both domestic and foreign investors.

•        Natural gas

Tripura has vast reserves of natural gas in non-associate form. The gas is of high quality, with high methane content of up to 97%. The availability of superior quality natural gas, at concessional price, offers a great opportunity to prospective investors, to set up gas-based industrial units, using natural gas

•        Information Technology (IT)

Tripura has been considered the second best IT destination in the North East. IT sector (including IT-enabled services) has been identified as one of the major potential growth sectors by the state. The high literacy rate of the State provides additional advantage for development of the sector.

•        Food Processing

The State government has identified food processing as a major thrust area. There is a vast potential for setting up of food processing units in the State. The agro-climatic conditions in Tripura are ideally suited for production of a large variety of horticultural crops.

•        Handicrafts

From time immemorial, Tripura has carved out a name for itself in the field of handicrafts. The gifted artisans produce wonderful objects of crafts from simple material like cane, bamboo and wood.

•        Tourism

Tripura is an attractive tourist destination. The state has a rich cultural heritage. There are number of historical Hindu and Buddhist sites.


INDUSTRIAL POLICY

•        To improve Basic as well Industrial Infrastructure.

•        Industrial Growth by attracting Private Investment.

•        To improve investment climate towards better regulation by removing barriers to competition.

•        Creation of hassle-free and congenial investment climate.

•        To bring significant increase in the State Domestic Product.

•        Widening of resources base of the state.

•        Development of connectivity (Internal road, railways and air & telecom).

•        Better social infrastructure Enabling Entrepreneurship -building capacities through entrepreneurial and technical skills, training and promotion of self-employment.

THRUST AREAS

•        Natural Gas

•        Food Processing

•        Rubber

•        Tea

•        Handicraft

•        Bamboo

•        Handloom

•        Tourism

•        Information Technology

•        Education

  •           Healthcare

The Department of Industries & Commerce was established to promote Village and Small-scale industries as well as medium and large scale industries in the State. While efforts are being made to promote entrepreneurship within the State, the outside investors in the public and private sectors are also encouraged both for their financial capabilities and technical expertise, for the medium and large-scale units. The major existing industrial area is the Industrial Growth Centre Complex at Bodhjungnagar which also includes Food Park, Rubber Park and Export Promotion Industrial Park. The other industrial sites near Agartala as the main business and industrial centres are Dukli, Arundhatinagar and Badharghat. The mineral resources are minor amounts of glass sands, limestone, plastic clay and hard rock and all of these materials are being used in varying degrees. Setting up of ceramic tiles unit and other mineral based industries are being encouraged in the private sector.

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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PHARMACEUTICAL COLLEGE (B-PHARMA & D-PHARMA) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout

There is need of Pharmaceutical college in India for the development of country and give the better opportunity to the general merit. But in our country reservation system will not cater the merit of the general student as well as not application of technology by developed technology. Now a dayâs highering of technology and running of administration is the main tool of the Indian's industry as well as in the educational systems. During the past three decades, many steps have been taken in India to improve the quality of technical education. These include evolution of model syllabi, quality improvement programmes for teachers; encouraging interaction with industry through consultancy and continuing education programmes; and providing impetus for expanding infra structural facilities in emerging technologies. For partly economic growth and prosperity, the need is to produce highly professional and competent pharmacologists. This could be achieved by imparting quality teaching to students. Towards this, some norms and standards of pharmaceutical education need to be laid down so as to educate the students with appropriate skills suitable for a rapidly changing medicinal treatment scenario. There will be different branches pharmaceutical studies, which lead the students to know adverse effects of the excess doses of medicines and injectables. The accuracy of medicinal dose is one of the parameters to recovery from diseases as well as safer side from the adverse effect. Pharmaceutical knowledge will help the doctors to guide about doses of medicine and also it will help in the industrial development of the pharmaceutical product. Modern age is lead by biotechnology base developed product, pharmaceutical education also on the same direction, which helps country to proper growth with modern time.
Plant capacity: 250 StudentsPlant & machinery: Rs. 125 Lakhs
Working capital: -T.C.I: Rs. 396 Lakhs
Return: 12.00%Break even: 71.00%
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MEDICAL COLLEGE WITH HOSPITAL - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

A medical college is meant to impart education of medical field to students to qualify them as doctors in different specialized disciplines so as to treat patients suffering from various ailments. Doctors with their dedicated spirit serve the nation at large by providing medication and treatment for eradication of diseases which exchange health and add suffering to humanity. Normally a medical college is associated with a hospital. Hospitals provide the facilities of O.P.D. and admission for seriously ill, seriously injured, seriously burnt and pregnant ladies, causalities etc. In the very beginning, there was government owned hospitals where one had to pay no money for treatment. Then, a private ward facility was started in the hospitals. The patient had to pay rent for a private room while medicines and doctors were available free of cost. The private ward helped the patient to avoid the untidiness of a general ward and noise etc. The patients, who were in a position to afford the room rent, were admitted to private rooms. The Poor’s, however, got admission in rushed general wards. Increasing negligence by the doctors of these hospitals and the overcrowding in them gave opportunity to private hospitals to have a good business. No. of private hospitals began to come in light with all facilities for E.C.G.S, X-Rays, Laboratories, 24-hours emergency and admission facilities for ill persons, seriously injured and pregnant ladies. The medium class and high class families started preferring these private hospitals and nursing homes as one's life is considered to be much costly and expenses for treatment can be neglected. Presently, every city or town in India has no. of private hospitals furnished with latest medical facilities available and with more qualified surgeons, physicians and specialist doctors. Even sometimes, they are furnished with more modern machines than those available in the nearby Government Hospital. These hospitals can be seen well crowded as they provide very good service at a smile. As they are run by privates very good medical care is provided by them. A private hospital is a place where one may get treatment from ordinary fever to a major surgery operation. As a matter of fact, no limitation has been made for the facilities available in a hospital. However, generally all private hospitals are provided with latest facilities and ultra modern machines. In a hospital, surgeons, physicians, E.N.T., specialists, children specialist, Eye-surgeon, psychologists and sex-specialist are essential. So, Starting a medical college with hospital has good scope. Lot of students has ambition to take admission in medical colleges, but due to scare city of the seats they can not fulfill their dreams.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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POLYPHENOLS / ANTIOXIDANTS FROM TEA EXTRACTS - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

India is one of the leading tea producer of the world. The main constituents of tea are polyphenols, caffeine and essential oils. These all gives tea its color, taste, fragrance combined. The tannins or polyphenols are the antioxidants which can be separated from the tea easily by chromatography technique. These antioxidants help the food products, oils, rubber natural fats lubricants to retard oxidation, deterioration, rancidity and gum formation. These antioxidants have no side effects so they are used very essentially as main antioxidants in the above mentioned industries. Due to the special characteristic of polyphenols of tea, they are being produced on large scale.
Plant capacity: 15,000 Kg / AnnumPlant & machinery: 74 Lakhs
Working capital: -T.C.I: Cost of Project : 216 Lakhs
Return: 30.00%Break even: 50.00%
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TEA PROCESSING AND PACKAGING - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Tea is one of the most popular beverages and is consumed by nearly half of the world population. Tea growing & processing is one of the major plantation based industries in India & plays a vital role in India’s economy. It is the largest employer of organised labour in private sector. More than one million people are directly employed by the industry & ten million indirectly. Tea is used in most parts of the world by income group of people. This is a consumer item used in homes, hotels, restaurants, canteens, tea stalls etc. Packed tea is protected against weather changes & also against any type of contamination which might determine the tea quality making it hygienic. A new entrepreneur can well venture into this field.
Plant capacity: 1 MT / DayPlant & machinery: 17 Lakh
Working capital: -T.C.I: 125 Lakh
Return: 48.00%Break even: 48.00%
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PAPER FROM BAMBOO - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Paper form a commodity of prime importance to day from the parts of view of mass communication, education, industrial and economic growth. Agricultural residues, such as bagasse, rice husk, wheat husk, jute sticks, grasses etc. are fast becoming popular materials for paper making. Paper is one of the basic needs of modern life. It is a well known product which is the only media of communication through writing. It is used in every part of life as in book printing, magazine, newspaper, education etc. It is used for packing and wrapping and in the manufacture of gummed paper tape. To looking its uses we can say that there is a good scope for new entrants.
Plant capacity: 12,000 MT / AnnumPlant & machinery: 1955 Lakhs
Working capital: -T.C.I: Cost of Project : 3741 Lakhs
Return: 42.00%Break even: 43.00%
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Management Institute - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

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Plant capacity: 300 MBA Students Plant & machinery: Rs. 51 Lakhs
Working capital: -T.C.I: Rs. 606 Lakhs
Return: 34.00%Break even: 46.00%
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Pharmaceutical College (B-Pharma & D-Pharma) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout

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Plant capacity: 250 Students Plant & machinery: Rs. 125 Lakhs
Working capital: -T.C.I: Rs. 396 Lakhs
Return: 12.00%Break even: 71.00%
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INSTANT TEA - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Instant tea is manufactured in a several countries but production and consumption in the United States is greater than in the rest of the world. The basic process for manufacture of instant tea as a soluble powder from dry tea leaf includes extraction, concentration and drying. It is an important fact to note here that the annual per capita consumption of tea in India is 0.5 kg. It is most widely used or consumed all over world. It is drunk by all classes of persons, whether labour or executives, housewife’s or working women, children or old persons. We can see tea stall at every place. At preset time, we cannot simply search out a person, who does not take tea. India is the leading producer of tea in the world. It claims 25 to 30% of the total production of tea in the world and almost 20 to 25% of the world exports. At present India claims 12% share in world exports in terms of value. Any entrepreneur may go into this field, will be successful.
Plant capacity: 1.00 MT / DayPlant & machinery: 134 Lakh
Working capital: -T.C.I: 310 Lakh
Return: 39.00%Break even: 41.00%
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NURSERY SCHOOL - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

A nursery school is a school for children between the ages of three and five, staffed by qualified teachers and other professionals who encourage and supervise educational play rather than simply providing childcare. It is generally considered part of early childhood education. In some jurisdictions the provision of nursery school services is on a user pays or limited basis while some governments fund nursery school services. The total programme should addresses the whole child emphasizing the development of total personality. - To introduce the child to the joys of learning through companionship and recreational activities. - To stimulate and satisfy the child's curiosity about his environment and provide opportunity to discover and explore with hands-on material. - To channelize his energy through recreational activities. - To develop the child's ability to express his thoughts and feelings in a fluent language and in a confident manner. - To orient the child to develop self confidence, self dependability, honesty and social skills through group interaction. - To inculcate good habits, social manners and etiquettes among children. - To enlarge the mental horizons and broaden the outlook of the children. The first divisions in schools controlled by local education authorities are nursery schools or a nursery department of infants schools for children. Site available according to urban or rural locations, availability and cost of land. Site area will also depend on the size of the proposed nursery school development and should take into account any foreseen extensions. The regulation specifies that a paved or hard porous area suitable for play yards for nursery children, appropriate games, properly graded and drained, shall be provided. The first step of education of a child starts from nursery school. Due to increasing importance of English medium education every parent wants to admit his child in standard public school which starts from nursery, but it is very difficult to get admission in such a school due to not availability of seats in the schools. So there is very good scope for new nursery schools.
Plant capacity: 400 Children Plant & machinery: 4 Lakhs
Working capital: -T.C.I: 66 Lakhs
Return: 42.00%Break even: 39.00%
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LADIES UNDER GARMENTS (Bra & Panties) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Hosiery industry is an ancient industry in the field of textile industry having very good potential in domestic market and also in the export market. There is increasing market demand for hosiery undergarments for its various advantages. Cotton undergarments are widely used by all classes of people because of its good absorbency, cheaper prices and ready availability. These foundation garments are used by the people throughout the year under different climatic conditions. It is presumed that there will be no problem in marketing of knitted undergarments of good quality. Ladies inner wear (Bra and panties) is the highest growing apparel item across all income groups and exclusive boutiques have popped up in all places. Nothing cramps the style faster than ill-fitting and uncomfortable undergarments. Thus, inner wear are not only made attractive, but also comfortable and practical. Top stylists unchain their creativity by inventing fabulous new forms and materials which make ladies inner wear even more sexy, eccentric and wild, without leaving out elegance. There has been an increase in demand for innovative, comfort-oriented undergarments and lately, many women are forgoing those fussy lingerie designs for simple, uncomplicated ladies undergarments. In addition to keeping outer garments from soiling, ladies inner wear are worn for a variety of reasons: warmth, comfort and hygiene being the most common.
Plant capacity: 1000 Nos / DayPlant & machinery: 3 Lakhs
Working capital: -T.C.I: 40 Lakhs
Return: 46.00%Break even: 46.00%
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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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