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

Mizoram is a state of India. It is located in the northeastern part of the country and is bounded by Myanmar (Burma) to the east and south and Bangladesh to the west and by the states of Tripura to the northwest, Assam to the north, and Manipur to the northeast. The capital is Aizawl, in the north-central part of the state. Agriculture is the dominant economic activity of Mizoram, engaging more than two-thirds of the workforce. Two types of agriculture are practiced: terrace cultivation, in which crops are planted on relatively permanent, graduated terraces on the sides of hills and mountains to conserve water and reduce soil loss; and shifting agriculture, in which tracts called jhum are cleared by burning, cultivated for a limited period of time. Mizoram has a population of 1,091,014 with 552,339 males and 538,675 females. This reflects a 22.8% growth since 2001 census; still, Mizoram is second least populated state of India. The sex ratio of the state is 976 females per thousand males, higher than the national ratio 940. The density of population is 52 persons per square kilometer. Mizoram gross state domestic product (GSDP) in 2011-2012 was about 6991 crore (US$1.1 billion). The state's gross state domestic product (GSDP) growth rate was nearly 10% annually over 2001-2013 period. With international borders with Bangladesh and Myanmar, it is an important port state for Southeast Asian imports to India, as well as exports from India.

TOURISM

Mizoram, the Land of the Highlanders, is sandwiched between Myanmar, Bangladesh and the states of Tripura, Assam and Manipur. The rivers, peaks, plains and the lakes are the treasures of Mizoram. It is full of high ranges running from north to south covered by greenery throughout the year. The Mizoram State Government begins to recognize tourism as an important sector of the economy which needs to be developed for greater income generation. More emphasis on sustainable eco-tourism, adventure tourism, village tourism and rural tourism would bring in high - value tourism. With the increase of tourist the need for budget hotels has been acutely felt.

Tourism has emerged as an important economic activity and one of the fastest growing industries in the world. Globally, Tourism is the fastest growing industry and in terms of value, it comes third only after petroleum and Transport Industry.

As such, Tourism Department in Mizoram is also one of the fastest growing Departments in Mizoram. The Department has achieved these objectives by constructing Tourist Lodge, Tourist Resort and other Tourist amenities in difference places of Mizoram through liberal financing of Ministry of Tourism, Government of India.


INDUSTRIAL POLICY

The Industrial Policy of Mizoram State was first notified on 15.3.1989 to give direction to the strategy for Industrial development of the State. It laid stress on reducing shifting cultivation by encouraging a shift from primary to secondary sectors while protecting the Socio-Cultural and ethnic identity of the indigenous enterprise of Mizoram.

In view of the National Industrial Policy which laid special emphasis for the development of Industries in the North Eastern Region, the Govt. of Mizoram had notified new Industrial Policy 2000 for accelerated Industrial and Economic development of the State. The Government had adopted the approach for identification of thrust areas and promoting them with fiscal and other incentives packages. Broad policy of Foreign Direct Investment (FDI) and Investment from outside the State has been adopted on Joint venture (JV) mode to safeguard the interest of the tribal population of Mizoram. Various administrative support system and market support system are also announced. The Govt. of Mizoram is mandated in giving sustainable employment and introducing better utilization of land by introducing New Land Use Programme (NLUP).

OBJECTIVES

•        To create infrastructure facilities, provide incentives and marketing as well as technical support to industries.

•        To provide skill development and training for educated youth to develop entrepreneurial skills and make them self-employed.

•        To create employment opportunities particularly to the vulnerable section of the society and people in rural area, ensuring inclusive development.

•        To reduce sectoral and regional imbalance in the industrial development in the State by promoting Industries under all sectors.

•        To create proper linkage of processing Industries with the farm produce of agriculture, horticulture, forest and livestock’s.

•        To attract investment in the state.

IDENTIFICATION OF THRUST AREAS

Thrust will be given for those industries based on value addition of locally available resources. Special incentives will be formulated for speedy development of industrial units engaged in any of the following thrust sector Enterprises.

•        Forest-based Industries

The vast bamboo and other forest resources of Mizoram will be optimally harvested for setting up of Industry for manufacturing of various high value bamboo and other forest based products.

•        Food Processing Industries

Primary production of various food items, whether agricultural based, horticultural or livestock based will be linked with processing Industries.

•        Handloom Industries

Handloom sector will continue to receive serious attention of the Govt. Utmost importance will be given for improving quality product by introducing improved design, packaging, branding.

•        Handicraft Industries

The traditional skill of Mizo people will be upgraded and diversified for market competitiveness of handicraft products.

•        Plantain fibre and hill brooms

The Govt. will encourage value addition of hill-brooms. The flow of raw and unprocessed broom outside the state will be discouraged by giving attention towards value addition to help local industry.

•        Textile related industries

Bulk production of readymade garments will be encouraged as this sector is having good potential for market outside the state and export.

•        Animal Feed and poultry feed Industries

The Government is giving thrust towards having sufficient meat and meat products for which farming has been encouraged.

INCENTIVES

The incentives offered under the Rules for the grant of incentives/subsidies under the Industrial Policy of Mizoram State are-

•        Subsidies on the cost of Project Report 

•        Land subsidy

•        Factory rent subsidy

•        Manpower development subsidy

•        Interest subsidy

•        Power subsidy

•        Subsidy on Power Line 

•        Subsidy on Power Generating set

•        State Transport subsidy on Plant and Machinery 

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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Carbon Fiber Composites

A Carbon Fiber is a fibrous carbon material having a micro graphite crystal structure made by fibrillation of Acrylic resin, a well-known textile material, or from oil/coal pitch and then by being given a certain heat treatment. Fibers may be 7 to 8 microns in diameter and are more than 90% carbonized. These fibers are extremely stiff, strong, and light, and are used in many processes to create excellent building materials. Carbon fibers, under industrial production now, are classified into PAN-based, pitch-based and rayon-based. Carbon Fiber has several unique physical properties such as superior performance, high specific tensile strength and specific modulus carbon fiber products are the dominant materials in the wind turbine industry, and are seeing an increase in use in the automotive, marine, and infrastructure industries. India’s composites industry which stood in 2015 at around 3 lakh metric tons is projected to grow rapidly to reach 4.18 lakh metric tons by 2020 at a substantial Compound Annual Growth Rate (CAGR) of 5.8 %. Aerospace & defense industry is a major driver for growth in the carbon fiber market. It accounted for approximately a third of the total product market in terms of demand and about half of the total market revenue.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • 20 Microns Ltd • Bharucha Stone & Sand Works Pvt. Ltd. • Insilco Ltd. • Integrated Glass Materials Ltd. • Mines & Rock Products (India) Pvt. Ltd. • SonalSil-Chem Ltd.
Plant capacity: 300,000 Kgs/AnnumPlant & machinery: Rs 111 lakhs
Working capital: -T.C.I: Cost of Project : Rs 451 lakhs
Return: 27.00%Break even: 61.00%
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Sheet Metal Components for Automobiles

Sheet metal is simply metal formed into thin and flat pieces. It is one of the fundamental forms used in metal working, and can be cut and bent into a variety of different shapes. Thicknesses can vary significantly, although extremely thin thicknesses are considered foil or leaf, and pieces thicker than 6 mm (0.25 in) are considered plate. Sheet metal is metal formed by an industrial process into thin, flat pieces.Most high volume production cars are made from sheet metal. It is one of the fundamental forms used in metalworking and it can be cut and bent into a variety of shapes. The most common sheet metal used in automotive to make bodies is steel. It is reasonably cheap and easy to press into shape to make body parts. The future of sheet metal in the automotive industry will largely depend on the future needs of the industry. With current tendency on lean manufacturing and cost cutting, the sheet metal forming process which suit that the most will be the most valuable to the industry.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • Admach Auto India Ltd. • Autoline Industries Ltd. • B I L Metal Inds. Ltd. • CaparoMaruti Ltd. • Ferreterro India Pvt. Ltd. • Hwashin Automotive India Pvt. Ltd. • J B M Auto Ltd.
Plant capacity: Auto Sheet Metal Components : 600MT/Annum Metal Scraps: 6MT/AnnumPlant & machinery: Rs 90 lakhs
Working capital: -T.C.I: Cost of Project: Rs 176 lakhs
Return: 30.00%Break even: 60.00%
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Grain Based Alcohol Distillery

The alcohol industry is the commercial industry involved in the manufacturing, distribution, and sale of alcoholic beverages. Alcohol has assumed very important place in the Country’s economy. It is a vital raw material for a number of chemicals and become the source of large amount of revenue for government as Excise Duty. Rapid increase in urban population is one of the key factors that is boosting the India alcohol market. In India about 350 distillery units of 4.0 billion litres & 100 distillery units of 1.8 billion litres are molasses & grain based respectively. Potatoes, Rice, Maize, Malt, Wheat, Barley, Sugarcane & Sugarbeet are various raw materials used in grain based distilleries. Grain based alcohol is used for the production of white spirit such as gin and vodka but also as a base for a wide range of flavoured alcoholic beverages. The production of neutral alcohol from malt, grape, apple or sugar has considerably increased over the last few years. There may be local alcohol taxation advantages. This is available in a ready-to-pitch, active form, with proven cost effectiveness versus propagation.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Amar Alcoholi Ltd. • Dhampur Sugar Distillery Pvt. Ltd. • Mcdowell& Co. Ltd. • Mohan Breweries & Distilleries Ltd. • Pioneer Industries Ltd. • S N J Sugars & Products Ltd. • United Spirits Ltd. • Vindhyachal Distilleries Pvt. Ltd.
Plant capacity: Extra Neutral Alcohol (ENA) : 15,000KLs/Annum Distilleries Dry Grain with Solubles (DDGS) by product: 7,350MT/Annum Fusel Oil (by product) : 24KLs/AnnPlant & machinery: Rs 4637 lakhs
Working capital: -T.C.I: Cost of Project: Rs 6572 lakhs
Return: 24.00%Break even: 48.00%
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Automobile Hoses (AC Hose, Fuel Hose, Hydraulic Hose, Petrol Pump Hose) and Production of Tyres

A hose is a flexible hollow tube designed to carry fluids from one location to another. Hoses are also sometimes called pipes, or more generally tubing. The shape of a hose is usually cylindrical.Hose design is based on a combination of application and performance. Common factors are size, pressure rating, weight, length, straight hose or coilhose, and chemical compatibility. A tyre is a ring-shaped vehicle component that covers the wheel's rim to protect it and enable better vehicle performance. Most tyres, such as those for automobiles and bicycles, provide traction between the vehicle and the road while providing a flexible cushion that absorbs shock. The global hoses market is expected to grow at a substantial growth rate in the near future owing to the increased demand for hoses particularly from agricultural and industrial applications.The demand for hydraulic rubber hoses is increasing considerably in the industries of construction, agriculture, and automotive. The global tyre market reached figures worth more than 2.9 Billion units in 2016, growing at a CAGR of around 4.5% during the last seven years. This market can be broken into two sectors – the OEM and the replacement market. The demand from the OEM tyre market is dependent upon the sales of new vehicles and is thus prone to a high degree of cyclicality. Demand in the replacement tyre market depends upon the usage patterns and the replacement cycles of existing tyres.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Echlin India Ltd. • Lakshmi Auto Components Ltd. • Minda T G Rubber Pvt. Ltd. • Parker Hannifin India Pvt. Ltd. • Poly Hose India (Rubber) Pvt. Ltd. • Ace Tyres Ltd. • Apollo Tyres Ltd. • Balkrishna Industries Ltd. • Bridgestone India Pvt. Ltd. • Ceat Ltd.
Plant capacity: Automobile AC Hose: 300,000 Nos/Annum Fuel Hose: 500,000 Nos/Annum Hydraulic Hose:500,000 Nos/Annum Petrol Pump Hose: 200,000 Nos/Annum Tyres : 450,000 Nos/AnnumPlant & machinery: Rs 1020 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2994 lakhs
Return: 27.00%Break even: 52.00%
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Tomato Puree and Fruit Concentrate With Hot Break Process

Tomato is one of the most important "protective foods" because of its special nutritive value. Tomato concentrate that contains no less than 7% but less than 24% of natural total soluble solids is known as tomato puree. Tomato puree is also widely used in the industrial manufacturing of other food products either recipe components for household or catering use, such as sauces; or finished products such as ready meals, pizzas, soups and so on. Fruit Concentrate is the product of fruit juice or fruit pulp in the dry form or dry powder form mixed with sugar natural fruit flavour or synthetic fruit flavour and with natural food colour or synthetic permitted food colour. It is one of the best palatable fruit base product especially non-carbonated readymade cold drinks. The fruit concentrates and puree market has been segmented on the basis of geography, type, technology and application. The major markets for fruit concentrates and puree market are European Union, the Middle East and the U.S. Fruit juices, concentrates and purees are traded internationally and used by a variety of industries; mainly the beverages industry.As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • Capricorn Food Products India Ltd. • Dabur Foods Ltd. • Foods & Inns Ltd. • Fortune Foods Ltd. • FrigerioConservaAllana Pvt. Ltd. • Keventer Agro Ltd. • Rasna Pvt. Ltd.
Plant capacity: Tomato Puree: 600 MT/annum Tomato Concentrate: 300 MT/annum Mango Concentrate: 300 MT/annum Guava Concentrate: 300 MT/annum Amla Concentrate: 300 MT/annumPlant & machinery: Rs 136 lakhs
Working capital: -T.C.I: Cost of Project: Rs 521 lakhs
Return: 28.00%Break even: 57.00%
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Paper Cups, Plates and Boxes

Paper cups and glasses are made in a variety of sizes and shapes according to the amount of material to be filled. They are designed and processed in many ways.Wax coated paper cups are used cold foods and drink. Simple paper cups are used for hot food and Drinks, prepared meat, vegetable and quick frozen food. Disposable paper platesare conveniently used for serving eatables during family functions, eating chats and snacks, fruits, sweets etc.The paper plates and bowls are made by fusing two layers of good quality paper with a sheet of polythene. The product can be in any desired shape and size depending upon the die employed for manufacture. Corrugated boxes and solid fibre containers are extensively being used in place of wooden boxes. The lower cost, lightweight and superiority over other packaging have been the key to the remarkable growth of fibre boxes.With increasing levels of organized retail and marketing of consumer goods in India, the packaging industry is shifting towards higher end packaging materials.Carton box mostly used in pharmaceuticals companies, health and beauty products, processed food product and many more items.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Adorn Enterprises Ltd. • Astron Packaging Pvt. Ltd. • Brown Kraft Inds. Ltd. • Grand Packaging India Pvt. Ltd • Superior Industrial Enterprises Ltd. • Wadpack Pvt. Ltd. • Universal Enterprises Ltd.
Plant capacity: Paper Cups: 18,720,00 Pcs/annum Paper Plates: 21,600,000 Pcs/annum Corrugated Boxes: 1,800,000 Pcs/annumPlant & machinery: Rs 46 lakhs
Working capital: -T.C.I: Cost of Project: Rs 292 lakhs
Return: 30.00%Break even: 52.00%
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Micronutrients Fertilizer

Micronutrients are elements which are essential for plant growth, but are required in much smaller amounts than those of the primary nutrients; nitrogen, phosphorus and potassium. The micronutrients are boron (B), copper (Cu), iron (Fe), manganese (Mn), molybdenum (Mo), zinc (Zn), and chloride (Cl). Deficiencies of micronutrients have been increasing in some crops. Some reasons are higher crop yields which increase plant nutrient demands, use of high analyses NPK fertilizers containing lower quantities of micronutrient contaminants, and decreased use of farmyard manure on many agricultural soils. Micronutrient deficiencies have been verified in many soils through increased use of soil testing and plant analyses. Agricultural micronutrients have become a fundamental input in agriculture production and leading the industry to achieve its transformation in line with the changing demand from growers as well as to replenish the increasing demand for food with the increasing population worldwide. The agricultural micronutrients market growth has increased progressively because of increased global micronutrient deficiency in soil and shrinkage in the world’s agricultural land.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • AbellonAgrisciences Ltd. • Agro Extracts Ltd. • Champion Agro Ltd. • Good Value Mktg. Co. Ltd. • Jupiter Biotech Ltd. • Jutlibari Tea Co. Ltd. • Krishna Industrial Corpn. Ltd.
Plant capacity: Micronutrient Fertilizer for Fruits: 187,500 Kgs/annum Micronutrient Fertilizer for Vegetables: 112,500 Kgs/annumPlant & machinery: Rs 23 lakhs
Working capital: -T.C.I: Cost of Project: Rs 114 lakhs
Return: 26.00%Break even: 76.00%
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Sweat Free and Antibacterial Socks

A sock is an item of clothing worn on the feet and often covering the ankle or some part of the calf. The foot is among the heaviest producers of sweat in the body, as it can produce over 0.12 l of perspiration per day; socks help to absorb this sweat and draw it to areas where air can evaporate the perspiration. Socks can be created from a wide variety of materials such as, cotton, wool, nylon, acrylic, polyester, olefins, (such as polypropylene), or spandex. To get an increased level of softness other materials that might be used during the process can be silk, bamboo, linen, cashmere, or mohair. The global socks market was valued at USD 5.6 billion in last year, expected to increase at a CAGR of 8.5% in coming year.The lower share of the socks market in the backdrop of the apparel industry can be attributed to low volume and large percentage of the market being unorganized. However, taking the market growth rate into consideration, the socks market is projected to experience robust growth during the forecast period in contrast to the apparel industry in general. The rising demand for socks is primarily driven by improving fashion trends and the growing retail sector.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • A O V Clever Knits Pvt. Ltd. • BooruguKnitts Ltd. • Filatex Fashions Ltd. • Global Knitfab Ltd. • Goldwon Textiles Ltd. • H-Lon Hosiery Ltd. • Imperial Garments Ltd. • Moza Hosier
Plant capacity: Sweat Free &Anitbacterial Socks:450,000 Pairs/annumPlant & machinery: Rs 42 lakhs
Working capital: -T.C.I: Cost of Project: Rs 161 lakhs
Return: 27.00%Break even: 66.00%
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Button Mushroom Cultivation

Button Mushroom is the most popular mushroom variety grown and consumed the world over. In India, its production earlier was limited to the winter season, but with technology development, these are produced almost throughout the year in small, medium and large farms, adopting different levels of technology. In the last ten years, large numbers of commercials units have been built by the entrepreneurs/ farmers throughout the country for the production of button mushrooms. However, commercial production of white button mushroom was initiated in the hilly regions of the country (17- 18°C) like Chail (Himachal Pradesh) Kashmir and Ooty (Tamil Nadu).The white button mushroom (Agaricusbisporus) is grown on compost based on various agricultural wastes and animal manure. White button mushrooms are grown all over the world and account for 35-45 % of the total mushroom production. In India, large units with production capacities between 2000 – 3000 tonnes/annum, have been set up mainly as export oriented units in the southern, western and northern regions. A large number of small units without climatic control equipment exist throughout India and function during the autumn and winter months only.As a whole it is a good project for new entrepreneurs to invest. Few Indian Major Players are as under • A S R Agro Ltd. • Agro Dutch Inds. Ltd. • Classic Mushrooms Ltd. • Flex Foods Ltd. • Himalya International Ltd. • Indo Britain Agro Farms Ltd. • Saptarishi Agro Inds. Ltd. • Tarai Foods Ltd.
Plant capacity: 150,000Kgs/annumPlant & machinery: Rs 86 lakhs
Working capital: -T.C.I: Cost of Project : Rs 164 lakhs
Return: 1.00%Break even: 1.00%
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Sanitary Napkins (Low Cost Project)

The Sanitary napkin industry is closely connected with the mode of life, which is in turn directly correlated to housing. Accordingly this industry has always grown by keeping space with improvement in living and it is new indispensable for sanitary in modern housing. Sanitary napkin, a universally needed product, has very low penetration in India and other developing countries, partly due to its high price and partly due to the tradition of using cheaper but unhygienic old cloth piece. As a result they become the host of many infectious diseases. Sanitary Napkins are exclusively used by adult girls & Ladies around the world during their menstrual periods as a means of maintaining physical aid & to avoid wetting or staining of the clothes. India’s sanitary napkin market has significant profit potential. The demand for such products is stable; purchases are recurring and not subject to normal business cycles. Historically, the price of feminine hygiene products have been relatively expensive, but that is changing as small and large businesses enter the market and make an accessible, lower-priced offering to a wider consumer base.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • Carewell Hygiene Products Ltd. • Godrej Hygiene Products Ltd. • Gufic Biosciences Ltd. • H L LLifecare Ltd. • Johnson & Johnson Pvt. Ltd. • Kimberly Clark Lever Pvt. Ltd. • Procter & Gamble Hygiene & Health Care Ltd.
Plant capacity: 750,000 Pcs/annumPlant & machinery: Rs 4 lakhs
Working capital: -T.C.I: Cost of Project : Rs 8lakhs
Return: 23.00%Break even: 68.00%
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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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