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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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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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PHARMACY 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. Now-a-days highering of technology and running of administration is the main tool of the Indian industries as well as in the educational systems. The economic progress of a country is strongly linked with the quality of education. 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. It will develop the skills to analysis of different types of medicines, ointments, syrups and capsules etc. The course structure of any pharmacy institution offering degree programme will include lectures, tutorials, laboratory work and seminars / colloquium. The institute must have adequate building area for all these instructional activities. For partly economic growth and prosperity, the need is to produce highly professional and competent pharmacists. A new entrepreneur can expect good profit from it.
Plant capacity: 60 Students in branch of B-Pharma, 60 Students in branch of D-PharmaPlant & machinery: 85 Lakh
Working capital: -T.C.I: 7 Crore
Return: 39.00%Break even: 46.00%
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IGCSE (International General Certificate of Secondary Education) School (Nursery to Senior Secondary) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue

The International General Certificate of Secondary Education is an international qualification for school students. IGCSE is developed by University of Cambridge International Examination (CIE) in 1988 and is currently offered as a qualification by CIE and London Examination (Edexcel International). The age ranges of 8-12, 9-13 or occasionally 10-13 years. Middle schools therefore cross over the legal boundary between primary and secondary education. Most nursery and primary schools are for both boys and girls. An important and over riding factor very seriously affecting the design of schools is the issue, from time to time. These notes are prepared on the basis of encouraging good school planning and accommodation and may, therefore, depart from official recommendations arising temporarily from excessive economy measures schools having a leaving age of 18 and the existing high schools and grammar schools, having ago up to 18, intended particularly for pupils passing on to higher education. Secondary schools often provide for two or even three of the above categories, they are referred has bileral if there are all three types without clearly defined separation as is to become increasingly the pattern in the future , there are also special schools which care for children. Its demand will definitely rise in the coming future. So, there is a very good scope for starting such type of school.
Plant capacity: 2400 StudentsPlant & machinery: Equipment : 121 Lakh
Working capital: -T.C.I: 2357 Lakh
Return: 46.00%Break even: 39.00%
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GAS BASED POWER PLANT - 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

When the gas turbine generator was introduced to the power generation industry in the late 1940s, it was a revolutionary self-contained fossil-fueled power plant. Gas turbine generators are self-contained packaged power plants. Air compression, fuel delivery, combustion, expansion of combustion gas through a turbine and electricity generation are all accomplished in a compact combination of equipment, usually provided by a single supplier under a single contract. Most gas turbine application relies on natural gas. Gas turbines are frequently used in both single and combined cycle configuration. In single system the gas turbine is operated alone without the benefit of recovering any of the energy in the hot exhaust gases. Combined cycle configuration vary consist of one or more gas turbines exhaust into one or more heat recovery steam are: (i) Short schedule for design, installation and start up (2) Higher overall efficiency (3) Good cycling capability (4) Fast started and loaded (5) Lower pollutant emissions (6) More compact site power installed. Due to shortage of power supply, installation of more power plants is necessary. Viewing the same, scope for installing more power plants is very good. New entrants can come up into this field.
Plant capacity: 25 MWPlant & machinery: 100 Crores
Working capital: -T.C.I: Cost of Project : 110 Crores
Return: 44.00%Break even: 20.00%
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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

The growth of medical education institutions especially in the private sector in India shows that the rapid growth in the number of medical colleges in India since 1950 has been driven largely by developments in the private sector. The private sector, currently accounting for over 45% of medical colleges in India, grew by 900% between 1970 and 2004, with the bulk of this growth occurring in the richer states. The growth of the private medical education sector over the last 6 decades is the most dominant feature of the Indian medical education landscape. The demand for medical professionals is tremendously increasing with the unfortunate upsurge of diseases and ailments day by day. At the same time super specialty hospitals are coming up both within the country and abroad offering employment opportunities. These along with liberalization of economy could bring better opportunities for these professionals in terms of remuneration, research and working facilities. Hospitals in India have a very bright future. India is the largest democracy in the world, is one of the fastest growing economies that is projected to more than double in the next five years.
Plant capacity: 150 Student/Annum And 750 Beds HospitalPlant & machinery: 20 Crores
Working capital: -T.C.I: 85 Crores
Return: 42.00%Break even: 37.00%
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Premixed Tea and Coffee with Sugar and Milk Powder - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunies

Coffee and tea are important in any office. Working professionals feel the need for these beverages intermittently during their hectic schedule. Increasing labor costs and the need for instant availability have brought in vending machines. With this in mind, many companies have installed beverage vending machines to provide their employees refreshments. Rapid urbanization is resulting in a lifestyle that is enhancing the time spent Out of Home working (in offices and institutions), waiting (in railway stations, airports, bus terminals) or playing (in malls, theaters, parks, beaches etc.). Many Indians therefore are beginning to consume their daily requirements of refreshments outside of their homes. In this case there is a great need for a convenient, safe and consistent product delivery mechanism for tea and coffee that account for more than 70% of the demand for beverages refreshment out of home. This is the role that is being currently performed by the vending pre-mix suppliers. Vending pre-mixes are a mixture of Tea/coffee, Sugar and dairy whiteners that are mixed with heated water through a machine at the point of dispensing to provide consumers with a safe and hygienic product untouched by human hands. The demand of premix tea and coffee will increase very rapidly so there will be wide scope for new entrepreneurs to venture into this project
Plant capacity: 1 M.T/Day Premixed Tea, 1 M.T/Day Premixed CoffeePlant & machinery: 31 Lakhs
Working capital: -T.C.I: Cost Of Project: 82 Lakhs
Return: 42.00%Break even: 63.00%
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Bamboo Furniture - 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 Layout

The bamboos are a group of woody perennial evergreen (except for certain temperate species) plants in the true grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae. Some are giant bamboos, the largest members of the grass family. Bamboos are the fastest growing woody plants in the world. Their growth rate (up to 60 centimeters (24 in.)/day) is due to a unique rhizome-dependent system, but is highly dependent on local soil and climate conditions. Bamboo is a versatile, strong renewable and environment friendly material, gramineae and the fastest growing woody plant on earth. This grass helps clean the environment and bamboo is widely used in landscape and garden. People use bamboo for making furniture, paper, construction material and eating utensils. The bamboo is used in the following items¬–Table, Chair, Stool, Long Chair, Sofa Set, Mats. Bamboo Furniture that is fashionable, functional, durable and Eco-Friendly. These are extremely versatile for home, hotel, restaurant, lobbies, poolside and sun rooms. Bamboo furniture are durable for indoor as well as outdoor settings, offices, luxury suites, common areas, dining, living rooms, patio settings and much more. The demand as well as export demand of bamboo furniture is good scope for new entrepreneurs.
Plant capacity: 48 Sets/DayPlant & machinery: 5 Lakhs
Working capital: -T.C.I: 139 Lakhs
Return: 48.00%Break even: 41.00%
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MANAGEMENT COLLEGE (BBA, BCA, MBA, MCA) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout

In modern times of unpsurging business network in regard to novel business strategies being implemented, management college occupies a conspicuous rich, and its significance can not be underestimated. The basic aim of management college is to enlist a student for more effective measures to be undertaken to promote business in the perspective for better returns and generating more revenues in global environments. In view of the advancement is business management measures to be adopted for better efficiency, output, revenue generation, newer techniques for more effective business strategies for fiscal matter and newer concepts of business management, the role played by management college is paramount significance. Thus, in the limelight of the facts enumerated above, the imperative need of the hour is to set up more number of management colleges has very good future prospects.
Plant capacity: 660 Nos. Students, Hostlers 90% = 600 Nos.Plant & machinery: 116 Lakhs
Working capital: -T.C.I: Cost of Project : 85 Lakhs
Return: 23.00%Break even: 52.00%
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MANAGEMENT COLLEGE (BBA, MBA, BCA & MCA) - 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 management colleges in India for the economic development of the country and give the better opportunity to students. Now obtaining and assimilation of latest/emerging technologies and running of administration is the main thrust of the Indian's industry. The economic progress of a country is strongly linked with the quality of education. It is therefore necessary for our technical educators to undertake periodic review of the curriculum and subject content of the technical programmes to ensure that they are up to date, not outmoded or obsolete and effectively fulfill the technological requirements of the country. In view of the advancement in Business management measures to be adopted for better efficiency, output, revenue generation, newer techniques for more effective business strategies for fiscal matters and newer concepts of business management, the role played by Management Colleges is of paramount significance. The vital information, which Management colleges provide in imparting education, cannot be underestimated. They are via media for providing the expediency of business management techniques and methodologies, which apart from enlightening on management issues also provide informative measures on the ambit of corporate level. There was a time when most of the students in India were interested to pursue their careers in either engineering or medicine. But gradually, the focus has shifted to Business Administration. And in keeping with the times, Management colleges have grown in large numbers. Management schools in India have gained international repute and are in no way inferior to the famous business schools of the world. Since the day India threw open its doors to foreign investors, there has been a flood of business deals in India. This has automatically led to a demand for Management students to attend to the various jobs in these business houses. The lure of money is enough to entice most students to pursue Management as a career. Needless to say, the birth of many Management schools in India is a direct repercussion of this. Management colleges have kept up with the demand for educated business professionals. Every year, scores of Management professionals are ready to be drawn into the variety of jobs that are there in the business houses. All the Management colleges of India are basically involved in two spheres: one, to absorb students who seek a business qualification, and the other, to make available these students to different companies who seek them. When students enter Management schools in India, they are almost assured that they will get a good job when they graduate from the institution. Hence, placements play a critical role in determining the success or failure of Management colleges. But with the passage of time, both the spheres have become more demanding. Students have supreme confidence in their capabilities and have their own list of preferences of Management schools in India. In the same way, business houses are in search of people who can satisfy a variety of requirements and who can serve them in the best possible way. All this has led to the development of new branches in Management and also tough demands on the graduates of different Management colleges. Management colleges which can draw the best students stand to gain a lot in reputation. Similarly, students will be drawn to colleges which provide the best jobs and good remuneration. This brings out the very essence of business: to succeed in the midst of stiff competition. Management schools in India are focusing on the latest techniques to attract the students. Innovation is the keyword to make Management colleges the most sought after in India. Thus, in the limelight of the facts enumerated above, the imperative need of the hour is to set up more number of Management Colleges which it has very good future prospects.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
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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