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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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NAMKEEN (DALMOTTH, BHUJIA, CHANA CHUR, KHATTA MEETHA)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Dal Moth, Chanachur,Bhujia and khattameetha are the important names signifying flavour and taste as processed foods. These are food products having no historical background but have established popularity in the market over many years. Dal moth, Chanachur or Bhujia are not only pupular in India but of late has become widely pupular in other countries thus making it an important export item. The main raw materials for these products are Gram, pluses & spices. The various food additives &colours may be used to provide sophistications in the products. The raw material is frequency available in India.These products impart flavor and aroma, they have been widely used during breakfast and festive occasions. These are also used in the appetizing and digestive purposes with a medicinal value.Packaging of the product is also taken a great role of preservation, acceptance the consumer. Eatables have always been in great demand and will continue to be. Middle-East and South Asian countries are chief importers of these items. It is expected that exports will increase sharply in recent future. The domestic market is also quite big. The domestic demand has been observed to be directly dependent upon the population of the country. The demand has increased with increase in population. Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Bikanervala Foods Pvt. Ltd. • ChhappanBhog • Kipps Confectioners Pvt. Ltd. • Haldiram’s
Plant capacity: 300 Tonn/AnnumPlant & machinery: Rs 8 lakhs
Working capital: -T.C.I: Cost of Project: Rs 81lakhs
Return: 28.00%Break even: 62.00%
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Holiday Resort

A Holiday resort is a self-contained commercial establishment that endeavors to provide most of a vacationer's wants, such as food, drink, lodging, sports, entertainment, and shopping, on the premises. A resort is not always a commercial establishment operated by a single company, although in the late twentieth century this sort of facility became more common. The need for advancement of holiday resorts has been felt very recently due to advancement in the technology and industry due to which a lot of young million are have come into existence. This class of people and many people from higher and medium class like to take advantage of this type of holiday resort on many occasions. Tourism in India accounts for 7.5 per cent of the GDP and is the third largest foreign exchange earner for the country. India is a large market for travel and tourism. It offers a diverse portfolio of niche tourism products - cruises, adventure, medical, wellness, sports, MICE, eco-tourism, film, rural and religious tourism. India has been recognised as a destination for spiritual tourism for domestic and international tourists.Holiday resorts business is very flourishing business these days, so it is a good project for investment. Few Indian Major Players are as under 1. Amanbagh Resort 2. Park Hyatt Goa Resort and Spa, Cansaulim, Goa 3. The Oberoi Cecil, Shimla, Himachal Pradesh 4. Ananda Spa Resort, Rishikesh, Uttarakhand 5. Shaam-e-Sarhad Village Resort, Kutch, Gujarat
Plant capacity: Double Bed Rooms Accomodation 60 Rooms (60%): 12,960 Nos./annum Resort Foods and Ammenities: 10,800 Nos./annum Restaurant: 216,000 Nos./annum Bar: 36,000 Nos./annum Banquet (Main) Lawn Area Mix &: 90,000 Nos/annum Dinning (60 Days in Year) 1500 Person/dayPlant & machinery: Rs 120 lakhs
Working capital: -T.C.I: Cost of Project : Rs 1549 lakhs
Return: 26.00%Break even: 47.00%
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Recovery of Lead

Lead is a material very easy to recycle and, provided that adequate procedures are implemented; the ?nal product (secondary lead) is indistinguishable from the primary lead produced from ores. About 50% of the lead consumed worldwide is derived from recycled and reused materials.There are many different uses of Lead. It may be used as a pure metal, alloyed with other metals, or as chemical compounds. The recovery of metals from metal scrap has the advantage that it is easier and far less energy dependent than the production of primary lead from ores. The production of recycled lead requires 35–40% of the energy necessary to produce lead from ores.In addition, the recovery of lead decreases the lead dispersion in the environment and preserves the mineral reserves for the future. Recycling lead is relatively simple and in most of the applications where lead is used, such as lead-acid batteries, it is possible to recover it for use over and over again. Lead batteries industry in India is currently estimated at Rs 40,000 crore with 60% automotive and 40% industrial. Over thousands of player continued recycling activity in India through recovery of lead from telecom, uninterrupted power supply (UPS), inverters, renewable energy and other related industries.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian Major Players are as under • Hindustan Zinc • SesaSterlite • Hindalco
Plant capacity: Lead Ingot: 1944 MT/annumPlant & machinery: Rs 66 lakhs
Working capital: -T.C.I: Cost of Project: Rs 257 lakhs
Return: 28.00%Break even: 57.00%
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Potato Flakes and Pellets

Indian vegetable basket is incomplete without mentioning the king of vegetables-potato-a sustaining force and a culinary delight. The raw materials for potato flakes and pellets required are fresh potatoes. Potato flakes are the most important form of dehydrated potato products, which also include potato granules, pellets, powder, shredded and sliced potato. Potato pellets are intermediate non-expanded products made with raw materials potatoes. These semi-finished products are generally sold to snack manufacturers who then process them, using different methods and adding various taste ingredients to create ready-to-eat snacks. The production of potato flakes has huge potentials in the fast growing Indian market. Potato Flake is being increasingly consumed by manufacturers of snack food, soup powder, bread, biscuit and other bakery products.The Potato pellets market is considered as a niche segment but is one of the fastest-growing segments of the snack market due to the increasing consumer preference for convenience food products.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • Balaji Wafers Pvt. Ltd. • Garlico Industries Ltd. • Indian Food Fermentations Ltd. • Merino Industries Ltd. • Shree Basukinath Food Processors Ltd. • Southern Health Foods Pvt. Ltd.
Plant capacity: Potato Flakes : 600 MT/annum Potato Pellets :600 MT/annumPlant & machinery: Rs 140 lakhs
Working capital: -T.C.I: Cost of Project : Rs 401 lakhs
Return: 28.00%Break even: 50.00%
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POTATO POWDER

Indian vegetable basket is incomplete without mentioning the king of vegetables-potato-a sustaining force and a culinary delight. Potato powder is increasingly being used in a variety of food preparations like snack foods, soups, curries and other dishes as a thickening agent. The demand is much more than the supply at present and is likely to grow with the increasing popularity of the snack foods and other items where potato powder is used as input. In India potato is largely cultivated. So it is a good idea to make potato powder from raw potato. Potato powder ranks quite high in its supply of principal nutrients like protein, fiber and carbohydrates. Potato Powder can be used in Food, Beverage, Pharmaceutical, Health & Personal care products, Agriculture/Animal Feed/Poultry. Potato Powder is often used in noodles, wine, gums, cocktail, nuts, hot dogs, bakery cream, instant soups and sauces. The demand of potato powder is growing continuously in India due to their increased usage in fried snacks (AluBhujiya), extruded products, soup powders, pasta, fabricated chips and French fries. According to projections, India, which presently produces about 25 million tonnes of potatoes per annum, will be producing about 50 million tonnes per annum by 2020.Thus, due to demand it is a good project for entrepreneurs to invest. Few Indian major players are as under • Balaji Wafers Pvt. Ltd. • Garlico Industries Ltd. • Indian Food Fermentations Ltd. • Merino Industries Ltd. • Shree Basukinath Food Processors Ltd. • Southern Health Foods Pvt. Ltd.
Plant capacity: 1200 MT/annumPlant & machinery: Rs 135 lakhs
Working capital: -T.C.I: Cost of Project : Rs 397 lakhs
Return: 24.00%Break even: 53.00%
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Potato Flakes

Indian vegetable basket is incomplete without mentioning the king of vegetables-potato-a sustaining force and a culinary delight. It is one of the important tuber vegetables, which is consumed throughout the year. Its botanical name is Solanum Tuberosum.India produces around 15 varieties of potatoes that come in different shapes, sizes, skin color and flavour. Kufri Jyoti, kufri lauvkar, kufri swarna, kufri lalima and kufri giriraj is some of the varieties that form a part of Indian potato portfolio. The raw materials for potato flakes and pellets required are fresh potatoes. Potato flakes are the most important form of dehydrated potato products, which also include potato granules, pellets, powder, shredded and sliced potato.Food factory replaces the fresh potato by the potato flakes which can be conveniently produced all kinds of small foods which are highly consistent in outward appearance. Potato flakes are the most important form of dehydrated potato products, which also include potato granules, pellets, powder, shredded and sliced potato. Dehydrated potato flakes are made by pressing cooked mashed potatoes onto a drum drier, which forms a sheet that can be broken up and ground to the required density.India is very conveniently located geographically, being half-way between the present major world supplier to the world market and the major consumer growth areas for potato flakes.The leading domestic consumers are Hindusthan Lever Ltd., Nestle, Food Specialties Ltd., Pepsi Foods Ltd., Vesta Foods (McDonald), HaldiramBhujiwala etc. The consumption in the organised sector is about 15000 MT per year. In International market Potato flakes is used as an ingredient in industries like Bakery, Fish, Meat, Snack food, dried instantsoup, baby food, etc.Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian major players are as under • Balaji Wafers Pvt. Ltd. • Garlico Industries Ltd. • Indian Food Fermentations Ltd. • Merino Industries Ltd. • Shree Basukinath Food Processors Ltd. • Southern Health Foods Pvt. Ltd.
Plant capacity: 3,600MT/annumPlant & machinery: 147 lakhs
Working capital: -T.C.I: Cost of Project: Rs436 lakhs
Return: 28.00%Break even: 61.00%
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ADHESIVE FROM MAIZE STARCH

An adhesive is used in order to bond two substances together. To enable the bonding the adhesive has to have surface adhesion and cohesion. This means that the adhesive used must be able to develop an adhesion to the substrate and after setting it has to have the required bond strength (cohesion).The wet ability depends on the adhesives and the substrates surface energy. The adhesive, therefore, needs to have a lower surface energy than the substrate. The lower energy is a necessity, because nature aims to obtain a decrease in total energy.The durability of an adhesive joint is affected by other factors as well, for example the application which it is used for (indoors or outdoors), the load it has to bear and the temperature it will be exposed to.In addition to good adhesion and cohesion, there are other requirements on adhesives as well. For example the adhesive needs to be able to go through processing that is normal in adhesive manufacturing and have a reasonable price. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian Major Players are as under • Anabond Ltd. • Arofine Polymers Ltd. • C I C O Technologies Ltd. • F C L Technologies & Products Ltd. • Feroke Boards Ltd. [Merged] • Golden Chem-Tech Ltd. • Henkel Adhesives Technologies India Pvt. Ltd.
Plant capacity: 1,500,000 Kgs/annumPlant & machinery: 24 lakhs
Working capital: -T.C.I: Cost of Project: Rs 134 lakhs
Return: 26.00%Break even: 47.00%
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Polymer Pencil

A pencil is a writing instrument or art medium constructed of a narrow, solid pigment core inside a protective casing which prevents the core from being broken and/or from leaving marks on the user’s hand during use. Most pencil cores are made of graphite mixed with a clay binder which leaves grey or black marks that can be easily erased. Polymer graphite's superior mechanical property allows for a wide variety of sizes for mechanical pencils, 0.3mm, 0.5mm, 0.7mm, and 0.9mm being commonly available. Graphite pencils are used for both writing and drawing and result in durable markings. According to the different grades, there is a variety of HB, B, 2B, 3B, 4B, 5B, 6B, 7B, 8B, 9B, and 10B. Writing, drawing, sketching, coloring and shading is the basic applications of the wooden pencil. The market for writing instruments in India is estimated at 1600 to 2400 million pieces a year. The total market for writing instruments is estimated at Rs 22 billion in value and is growing at around 8 to 10% annually. Major Indian players in the ballpoint pen market are Cello, Lexi, Reynolds, Luxor, Flair, Montex, Todays, Linc and so on. Out of these, Cello, Lexi and Reynolds have a major share of the market. There is a growing demand of polymer pencil in the market. The products find application in schools, colleges, government offices, commercial establishments, NGOs and miscellaneous activities. According to the type of carbon used, pencils are classified as soft, medium and hard. There is no doubt about the acceptability of the product and lead pencils still command a respectful demand. The product has a good export potential also. Thus, as an entrepreneur this project offers an exciting opportunity to you. Few Indian major players are as under • Add Pens Pvt. Ltd. • Excella Pencils Ltd. • Hindustan Pencils Pvt. Ltd. • Luxor Writing Instruments Pvt. Ltd. • Model Sales Agency Ltd. • Ravlon Pen Co. Ltd. • Reynolds Pens India Pvt. Ltd.
Plant capacity: 67 Th. Pcs. /dayPlant & machinery: 116 lakhs
Working capital: -T.C.I: Cost of Project: 282 lakhs
Return: 27.00%Break even: 71.00%
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Organic Dragon Fruit Farming

Dragon Fruit stems are scandent (climbing habit), creeping, sprawling or clambering, and branch profusely. There can be 4-7 of them, between 5 and 10 m or longer, with joints from 30–120 cm or longer, and 10–12 cm thick; with generally three ribs; margins are corneous (horn-like) with age, and undulate. The fruit is oblong to oval, to 6–12 cm long, 4–9 cm thick, red with large bracteoles, with white pulp and are edible; seeds are black. Dragon Fruit or Pitaya grows best in uniformly distributed rainfall throughout the year. It prefers free draining soil with sandy to clay loam types, 5.3 to 6.7 pH and high organic matter. However, Pitaya is also grown successfully in sandy soils. Pitaya is shallow rooted with most roots concentrated on top 15- 30 cm soil depth. India gets a taste of exotic dragon fruit. This fruit of a vine-like cactus has white flesh peppered with tiny edible black seeds. Its popularity is growing beyond metros to other cities, particularly in south India. The fruit was selling for about US$10 per kg, according to, director of the Ministry of Agriculture and Rural Development. Vietnamese dragon fruit is selling well in Chinese and Vietnamese in the US, said Mr Dat, who has been on a fact-finding trip in the country. As a whole there is a good scope for new entrepreneur to invest in this business.
Plant capacity: 7200 Kgs/dayPlant & machinery: 1316 lakhs
Working capital: -T.C.I: Cost of Project : Rs 3183 lakhs
Return: 133.00%Break even: 15.00%
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Maize and It’s by Products (Maize Starch, Sorbitol, Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Gluten and Maltodextrin)

Maize also known as corn is a cereal grain. Maize has become a staple food in many parts of the world, with total production surpassing that of wheat or rice. All the major sweeteners are commercially made from maize starch. Maize starch is a polymer of anhydrous glucose units (dextrose) and is the raw material for sweeteners. Dextrose equivalence (DE) is a measure of the total reducing sugars calculated as D-glucose on a dry weight basis. Maltodextrins are the dried products or puri?ed aqueous solutions of saccharides obtained from edible starch having a dextrose equivalency of less than 20. Glucose syrups, also known as corn syrups in the US, are puri?ed aqueous solutions of nutritive saccharides obtained from edible starch having a dextrose equivalency of 20 or more. Dextrose monohydrate is puri?ed, crystalline D-glucose containing one molecule of water of crystallization per molecule of D-glucose. Anhydrous dextrose is puri?ed, crystalline D-glucose without water of crystallization. Glucose is a monosaccharide (or simple sugar) also known as grape sugar, blood sugar, or corn sugar, is a very important carbohydrate in biology. The living cell uses it as a source of energy and metabolic intermediate. Maize is cultivated on nearly 178 million Ha globally in about 160 countries and contributes ~50% (1,170 million MT) to the global grain production. In India, maize constitutes ~9% of the total volume of cereals produced and is the third most important food grain after rice (~42%) and wheat (~38%). Advance estimates for total production in India stands at 9.3 million MT in trade year 2015, growing at ~6% in the past 5 years. This is mainly because the area under kharif maize (2016-17) saw a jump to 84.26 lakh ha. About twelve states which include Maharashtra, Bihar, Orissa, Uttar Pradesh, Uttarakhand and Delhi account for over 50 percent of the total maize acreage in the country. Increasing demand from Poultry sector is likely to substantially hike maize consumption to go over 30 million tons by 2020. As a whole any entrepreneur can venture in this project without risk and earn profit. Few Indian major players are as under • Amaravati Agro Ltd. • Avinash Impex Pvt. Ltd. • Charoen Pokphand Seeds (India) Pvt. Ltd. • Continental Milkose (India) Ltd. • Devi Corn Products Ltd. • Fieldfresh Foods Pvt. Ltd.
Plant capacity: Maize Starch : 60MT/Day Sorbitol : 30MT/Day Liquid Glucose: 30MT/Day Dextrose Monohydrate: 30MT/Day Dextrose Anhydrous: 15MT/Day Gluten Plant & machinery: 6690 lakhs
Working capital: -T.C.I: Cost of Project: Rs10721 lakhs
Return: 27.00%Break even: 41.00%
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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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