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

Manipur is a state in north Eastern India, with the city of Imphal as its capital. Manipur has been at the crossroads of Asian economic and cultural exchange for more than 2500 years. It has long connected Indian subcontinent to Southeast Asia, enabling migration of people, cultures and religions. Manipur is primarily an agrarian economy, with significant hydroelectric power generation potential.

The natural vegetation occupies an area of about 14,365 km² which is nearly 64% of the total geographical area of the state. The vegetation consists of a large variety of plants ranging from short and tall grasses, reeds and bamboos to trees of various species. Broadly, there are four types of forests - Tropical Semi-evergreen, Dry Temperate Forest, Sub-Tropical Pine and Tropical Moist Deciduous.


DEMOGRAPHIC PROFILE

Manipur has population of 25.7 Lakhs, an increase from figure of 22.94 Lakh. Total population of Manipur as per 2011 census is 2,570,390 of which male and female are 1,290,171 and 1,280,219 respectively.

Total area of Manipur is 22,327 sq. km. Density of Manipur is 115 per sq km which is lower than national average 382 per sq km. In 2001, density of Manipur was 103 per sq km.

Of the total population of Manipur state, around 67.55 percent live in the villages of rural areas. In actual numbers, males and females were 878,469 and 857,767 respectively. Total population of rural areas of Manipur state was 1,736,236. In rural areas of Manipur, literacy rate for males and female stood at 83.39 % and 67.03 %. Average literacy rate in Manipur for rural areas was 76.20 percent. Total literates in rural areas were 1,142,564.

TOURISM

Least touched and least discovered Manipur promises to be the great tourist discovery of the21st century. An oval shaped valley surrounded by blue green hills, rich in art and tradition has inspired description such as the Switzerland of the East with its cascading rapids, tripling rivers, varieties of flowers, exotic blooms and lakes. The people of Manipur include Meitei, Nagas, Kuki-Chin-Mizo and Gorkhas groups and Muslims and other colorful communities which have lived in complete harmony for centuries.

The Ministry of Tourism has five Regional offices located at Kolkata (East), Mumbai (West), Delhi (North), Chennai (South) and Guwahati (North East), which are headed by an officer of the level of Deputy Director General designated as Regional Director.

Domestic tourists intending to visit Manipur by road via Dimapur/Kohima require Inner Line Permits to pass through Nagaland. These are issued by the Liaison officers of the Government of Nagaland at New Delhi, Calcutta, Guwahati, Shillong and the Sub-divisional officer (Civil), Dimapur, deputy Commissioner, Imphal can also issue permits to tourists traveling by road from imphal to Kohima and Dimapur in Nagaland.

INDUSTRY SECTOR

The Information Technology and IT Enabled Services sector in India is looking towards Tier-II and Tier-III cities to meet the growing demands of the industry for sourcing its required skilled manpower. The youth of Manipur have not only excelled in the field of Sports, but have already established a noticeable presence in the ITES industry in India.

Manipur State is striving to score higher on being business-friendly in terms of the available IT infrastructure. These include:

•        Software Technology Parks of India (STPI) unit of Imphal with Earth station and OFC connectivity.

•        Up gradation of IT infrastructure at Imphal to provide modern Business-ready built-up office space for IT/ITES firms.

•        Internet on the move – Various Telcos like BSNL, Tata Indicom, Airtel etc. are providing Wireless Internet across the State.

A high rate of unemployment exists in Manipur, particularly among the educated youth. According to the Live Register of Employment Exchange, the total number of educated job-seekers were recorded as 5, 83.65 thousands.

Manipur is rich in natural resources but due to difficult terrain, inadequate infrastructural facilities and varying climatic conditions, the state could not develop much in the industrial sector of its economy. In the initial stage, Govt. policy in the state was one of revival and revitalization of the traditional handlooms and handicrafts of the local habitats. The contribution of the manufacturing sector to the total gross state domestic product at current prices is found to be 6.17 percent. The trend of industrial development and the present local conditions of the state and in consonance with industrial policy of the Government of India, the Govt. of Manipur in its policy announcement of 1990, has decided to focus attention to the small scale and agro-based industries without discouraging the medium and large-scale industries. It is expected to serve the objective of employment generation and dispersal of industries in rural and urban areas. The state has laid emphasis on creating a strong industrial base and employment opportunities in the state through provision of various growth inducing factors based on locally available resources. It is based on locally available raw materials and minerals. In order to promote rapid industrialization, the State Government has over the years been offering attractive package of incentives and concessions to invigorative industries.

The khadi and Village Industries Commission (KVIC) was established by the Govt. of India in the year 1957. The Khadi and Village Industries is not only providing employment to people in rural and semi-urban areas at low investment per job, but also utilizes local skill resources and provides part-time as well as full time work to rural artisans, women and minorities.

The traditional sector of industries falls within the purview of organizations such as Khadi and Village Industries Commission. The KVIC include artisans in tiny industrial units and defines it as any industry located in a village or town inhabited by population not exceeding 10000 which produces goods and renders services with or without the use of power in which the fixed capital per head does not exceed Rs.15000.

Growth Centres are large villages or small towns which have the potential to become the nuclei for the socio-economic development of the surrounding area. The Growth Centres can be identified by the different orders with respect to the quality and quantity of services and facilities, service area and population. A growth centre of lowest order should have services such as agricultural input centre, primary and middle school, maternity and child care centres and daily market.

Small-Scale Industries (SSI) is an important segment of the economy, contributing substantially in the form of production, employment and exports. It has continued to play a vital role in the fulfillment of socio-economic objectives. The principal factor for defining small-scale Industries has always been based on the size of investment. Small-Scale Industries are those industries whose investment in fixed assets such as plants and machineries does not exceed Rs.100.00 lakhs (Rs.1 Crore). Investment in plant and machinery in respect of industry related Small-Scale Service and Business Enterprises (SSSBE) were increased to Rs.10.00 lakhs from Rs.5.00 lakhs. For speedy growth of small-scale industries, the Government has already brought about simplifications in the SSI registration procedures.

The State Government has introduced this Policy with various components being offered such as, incentives, improved infrastructure facilities, supply of quality power, and credit flow from Bank and Financial institutions, better market linkages and to boost investor confidence.

The Government of Manipur desire Manipur to be a preferred destination for industrial and trade activities and achieving to the aspiration of the people of Manipur, thereby affording to –

•        All round economic development and to improve living standards.

•        To create employment opportunities, skill development and self

•        Employment opportunities.

•        Optimal utilization of both natural and physical resources.

OBJECTIVE OF INDUSTRIAL POLICY

•        Develop adequate infrastructures to ensure planned and accelerated industrial development.

•        Promote maximum capital investment in the State for economic activities resulting in employment opportunities, improving standard of living of people at large and all-round development of the State.

•        Promote modernization and technology up-gradation of existing industrial units.

•        Encourage quality control, standardization and competitiveness of local products.

•        Promote eco-friendly industries.


INDUSTRIAL ACTIVITIES IDENTIFIED AS THRUST AREAS

•             Agro based industry 

•             Bio-Technology industries.

•             Floriculture. 

•             Handloom and Handicraft.

•             Medicinal Plants.

•             Distillation of oils from aromatic plants.

•             Mineral based industries.

•             Information Technology Trade and Commerce under Export Import mechanisms.

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.
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Medical Transcription Centre

Medical transcription, also known as MT, is an allied health profession dealing with the process of transcribing voice-recorded medical reports that are dictated by physicians, nurses and other healthcare practitioners. Medical reports can be voice files, notes taken during a lecture, or other spoken material. These are dictated over the phone or uploaded digitally via the Internet or through smart phone apps. Medical transcription can be defined as a process of transcribing or converting recorded dictations by physicians and/or other healthcare professionals regarding a patient's medical record into a written text. The global Medical Transcription Industry subject to witness a substantial growth due to the growing focus on automation of healthcare services and increasing adoption of advanced reporting techniques. The key factors responsible for the growth of medical transcription industry are reliability, portability, and cost-effectiveness. The medical transcription industry is divided into regional market segment such as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the adoption of latest technologies in medical sciences and existence of well-established healthcare infrastructure. Asia-Pacific region is predicted to hold major market share in the medical transcription industry with massive growth in forecast period.
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Return: 1.00%Break even: N/A
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Lemongrass Oil

Lemongrass oil comes from the leaves or grasses of the lemongrass plant, most often the Cymbopogon flexuosus or Cymbopogon citratus plants. The oil has a light and fresh lemony smell with earthy undertones. It is stimulating, relaxing, soothing and balancing. Lemongrass oil is used as a pesticide and a preservative. The lemongrass oil has antifungal properties. Despite its ability to repel some insects, such as mosquitoes, its oil is commonly used as a "lure" to attract honey bees. Lemongrass oil can be used as a lure when trapping swarms or attempting to draw the attention of hived bees. Lemongrass oil market is segmented on the basis of the application, grade and regions. On the basis of lemongrass oil application market is segmented as pharmaceutical, cosmetics & personal care, and food and beverages. As Lemongrass oil possess high medicinal value and used in various treatments since history market demand in pharmaceutical segment is significantly high. Lemongrass oil is an important essential oil. As the demand for the aromatic cosmetics is increasing, the demand for this oil is also growing. Additionally, the awareness about the advantages of essential oils is growing among the Indian population. Furthermore, mass consumers are becoming conscious about the harmful effects of the chemical cosmetics and personal care products. On the basis of lemongrass oil application in cosmetic & personal care products, the product is used in soaps, deodorants, shampoos, conditioner, body lotion, air freshener and tonics. Lemongrass oil is an essential oil with fresh and citrusy fragrance, extracted from lemongrass. Lemongrass oil is anti-bacterial, anti-fungal, anti-depressant, anti-pyretic, antiseptic, and astringent.
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Viscose Rayon

Viscose is a type of rayon known as semi-synthetic fiber. It is manufactured from naturally occurring polymers. Viscose is manufactured from the solution of cellulose, primarily from wood pulp. Rayon is a fiber used in the manufacture of fabric. It offers properties similar to that of nylon. Viscose differs from other types of rayon due to its distinct manufacturing process and properties. Modal and lyocell are other types of rayon available in the market. Viscose rayon is produced from cellulosic materials such as wood pulp, bamboo and cotton linters. Viscose rayon is a versatile material that has multiple applications in textiles, apparel, nonwovens and industrial sectors. Its demand is expected to see a rise in India as well as globally in the coming years. India is the fastest growing economy in the world, and lower commodity prices have proved beneficial for the manmade fibre industry in India. Petroleum-based manmade fibre prices have also declined, which is giving tough competition to viscose. Demand for viscose fiber is anticipated to increase significantly in the near future due to the rise in global population, increase in standard of living, and growth in disposable income. Viscose is an eco-friendly product; thus, increase in awareness about eco-friendly products and decrease in production of cotton are estimated to augment the demand for viscose fiber. Prices of cotton are rising. This is adversely affecting the demand for cotton, as people are shifting toward substitutes. However, rise in competition from synthetic fibers and retaliatory tariff on viscose in the U.S. are projected to hamper market growth, especially in North America.
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Dibutyl Phthalate

Dibutyl phthalate (DBP) is an organic compound commonly used plasticizer. With the chemical formula C6H4 (CO2C4H9) 2, it is a colorless oil, although commercial samples are often yellow. Because of its low toxicity and wide liquid range, it is used as a plasticizer. Dibutyl phthalate is used in making flexible plastics that are found in a variety of consumer products. Dibutyl phthalate is a man-made chemical that is added to plastics and other chemicals. In plastics it helps keep them soft (a plasticizer). It is also used in elastomers, lacquers, explosives, printing inks, resin solvents, perfume oil solvents, paper coatings, adhesives, and nail polish. It is used as a solid rocket propellant. Nearly 5.5 billion tons of dibutyl phthalate is manufactured every year globally. Changing lifestyle of people, rise in usage of personal care products, and increase in penetration of FMCG products are some of the factors driving the demand for personal care products, especially in Asia Pacific. Demand for dibutyl phthalate is expected to rise in consumer and personal care products. Global dibutyl phthalate (DBP, CAS 84-74-2) market is anticipated to grow at a CAGR of 0.9% by 2023. Based on geography, the global dibutyl phthalate market can be segregated into North America, Asia Pacific, Latin America, Europe, and Middle East & Africa. Asia Pacific is anticipated to be a relatively attractive region for the dibutyl phthalate market during the forecast period.
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Ammonium Sulphate

Ammonium sulfate (NH4)2SO4, is an inorganic salt with a number of commercial uses. The most common use is as a soil fertilizer. It contains 21% nitrogen and 24% sulfur. Ammonium sulfate [(NH4)2 SO4] was one of the first and most widely used nitrogen (N) fertilizers for crop production. It’s now less common but especially valuable where both N and sulfur (S) are required. Its high solubility provides versatility for a number of agricultural applications. Moreover, its ability to be used as a food additive and purification agent are the major trends and factors affecting the market confidently. Therefore, they are used in various applications such as fertilizers, food additives, industrial, and others. The global market for ammonium sulfate is highly dependent on a number of factors such as the fertilizer industry and the stringent environmental regulations related to it. Ammonium sulfate is an inorganic salt which occurs naturally in volcanic fumaroles as a rare mineral, mascagnite. It is prepared by the treatment of ammonia, often as a by-product from coke-ovens with sulfuric acid. Ammonium sulfate is also produced by gypsum which is treated with ammonium carbonate solution to give the precipitate of calcium carbonate leaving ammonium sulfate in the solution. Increasing demand for nitrogen fertilizers is anticipated to one of the major growth factors driving the demand for ammonium sulfate. Ammonium sulfate, as a nitrogenous fertilizer competes with ammonium nitrate, ammonium phosphates, and urea. In addition, sulfur is becoming increasingly popular as a vital nutrient for plant growth owing to ability to synthesize vitamins, enzymes, proteins, amino acids and chlorophyll. It has found to be highly beneficial to a wide range of crops such as wheat, vegetables, rice, potatoes and corn. Global Ammonium Sulfate Market is expected to grow at a CAGR of 4.7% during the forecast period. Growing utilization of nitrogen fertilizers to boost the crop yields, rising demand for ammonium sulfate as a flame retardant, low cost of ammonium sulfate compared to ammonium chloride, increasing demand for ammonium sulphate from food and beverage industries, developing new bio-based fertilizers such as nitrogen fixation biofertilizers are some of the factors driving the market growth. However, harmful environmental issues associated with ammonium sulphate are hampering the market growth.
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Laboratory Chemical Unit

Laboratory chemicals are used for testing air, water, and soil under certain conditions. These chemicals help in determining pollutants, trace metal acids, toxic organics, and other impurities present in the environment. The laboratory chemicals market is mainly driven by the growing R&D activities in the field of biological and chemical sciences. The laboratory chemicals market is growing primarily due to a significant increase in their use in basic research applications, coupled with large-scale commercial applications. Laboratory chemicals are compounds or substances that are used to perform experimental and investigative procedures and for the preparation of drugs and other chemicals. These are used in large scale for commercial applications and research purpose. The significant increase in the use of chemicals in basic research applications, coupled with large-scale commercial applications has helped the laboratory chemicals market to grow. The global laboratory chemicals market is expected to witness a moderate growth during the forecasted period, 2018-2023. Asia-Pacific is expected to be the fastest growing market during the forecast period. On the basis of product, the market has been classified as cytokine and chemokine testing, molecular biology, immunochemistry, carbohydrate analysis, cell/tissue culture, biochemistry, and others. The molecular biology segment has been further divided into PCR reagents, gene synthesis and expression, vectors, monoclonal and polyclonal antibodies, enzymes, cloning and sequencing, and others. PCR reagents are sub-segmented into Taq DNA Polymerase, dNTP, Primer, and others. The immunochemistry segment is further sub-segmented into antibody and immunoassay stabilizers, antibody labeling, and others. The increasing demand for laboratory chemicals in the biotechnological industry will drive the market growth in upcoming years.
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Dye Intermediates - Indigo Blue

Indigo is an ancient dye, sold as a striking and bold blue crystalline powder. It has been used in many civilizations and was popular in Mayan, Egyptian, Japanese and Indian cultures. Its common use is in creating the popular Shibori and tie dye fabrics as well as denim. Indigo dye is an organic compound with a distinctive blue color (see indigo). Historically, indigo was a natural dye extracted from the leaves of certain plants, and this process was important economically because blue dyes were once rare. A large percentage of indigo dye produced today, several thousand tonnes each year, is synthetic. It is the blue often associated with denim cloth and blue jeans. Indigo is a type of blue dye that is generally used for coloring of cotton yarn that is used for production of denim cloth for blue jeans. Indigo is also used for dyeing wool and silk. Indigo was a natural dye which was extracted from plants but now it is synthetic. Indigo dye is a natural dye that is extracted from plants and animals. Though the dye was and is still produced organically, most of the indigo dye available in the market today is mass produced through chemical processes to satisfy increased demand for blue dye. Increase in demand for dye intermediates in textile and extensive use of dye intermediates in printing inks are some factors driving the dye intermediates market. This is prompting companies to increase production of dye intermediates. Additionally, easy availability of raw materials is anticipated to boost the demand for dye intermediates in the near future. The global dye intermediates market is witnessing technological advancements. Companies are constantly striving to develop new and better ways to manufacture dye intermediates. Development of new manufacturing processes of dye intermediates and applications is estimated to propel the dye intermediates market. However, volatility in prices of raw material is projected to inhibit the market. Based on geography, the dye intermediates market can be segregated into North America, Latin America, Asia Pacific, Europe, and Middle East & Africa. Asia Pacific is anticipated to constitute a key share of the market during the forecast period. The dye intermediates market in Asia Pacific is estimated to expand a considerable pace owing to the increase in demand for dye intermediates in the paints and printing inks. Middle East & Africa is likely to be an attractive region for the dye intermediates market during the forecast period due to the rise in demand for these in the textile industry in the region.
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Submersible Pump Manufacture

Submersible pump (or sub pump, electric submersible pump (ESP)) is a device which has a hermetically sealed motor close-coupled to the pump body. The whole assembly is submerged in the fluid to be pumped. The main advantage of this type of pump is that it prevents pump cavitation, a problem associated with a high elevation difference between pump and the fluid surface. Submersible pump is a mechanical device used for transferring various types of fluid in different end use industries and is highly preferred for agricultural and industrial applications. Submersible pump is vertically submerged under the fluid to be transported (such as water etc.) and is driven by electric current, operating on the principle of centrifugal force. Various kinds of submersible pumps are available in the market, serving different purposes. The Global submersible pump market is anticipated to reach USD 12.5 billion in 2023 witnessing a CAGR of 5.5% over the forecast period 2015-2023. Asia-Pacific accounted for the highest percentage share of 42% to the global market in 2014, however the market is estimated to reach USD 2.8 billion by 2016 This can be attributed to various factors such as growing urbanization, rapid growth in industrialization, increasing population and emerging economy of developing nations such as India, China and Japan.
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Sodium Benzoate

Sodium benzoate is a substance which has the chemical formula NaC7H5O2. It is a widely used food preservative, with an E number of E211. It is the sodium salt of benzoic acid and exists in this form when dissolved in water. It can be produced by reacting sodium hydroxide with benzoic acid. Sodium benzoate is a synthetic chemical produced when benzoic acid, which is found naturally in some fruits and spices, is combined with sodium hydroxide. Sodium benzoate is a preservative commonly used in fruit pies, jams, beverages, salads, relishes, and sauerkraut – foods that have an acidic pH. Chemical preservatives, such as sodium benzoate are frequently used in processed foods to prevent the growth of bacteria, yeast or other nasty microorganisms that could spoil food. Sodium benzoate is a food preservative that occurs naturally in some fruits. The chemical is the sodium salt of benzoic acid and is considered safe to ingest and apply to the skin. It should not be used in certain acidic products because it may combine to form harmful compounds, but it is not toxic and does not irritate tissue. Sodium benzoate is tagged as a harmful preservative and its use is limited in some industries. It is easily soluble and affordable which widens its usage, but research revealed that the overuse of this chemical solvent can cause cancer by affecting the oxygen cells present in the body. Though this chemical is present in some fruits, but the addition of the synthetic form of sodium benzoate is extremely lethal for the body. Sodium benzoate is found in vinegar, soda, fruit juices and jams which are present in the daily diet of the every citizen in the world. The expanding world of consumerism is in dire need of foods which can be packed and stored for days and the fast lifestyle of the people are promoting the expansion of a food and cosmetics industry which is completely backed by harmful chemical preservatives. The global sodium benzoate market to grow at a CAGR of 4.49% during the period 2017-2021. Rising demand for processed foods and ready to drink beverages has led to high demand for sodium benzoate in the market. Sodium benzoate eliminates the growth of bacteria and molds which helps preventing spoilage of food and drinks. Hence, high demand is reported for sodium benzoate from the food & beverages industry. Cosmetics application accounted for the second largest share of global sodium benzoate market. Owing to its extremely low level of toxicity it is used as a preservative in cosmetics products.
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Monosodium glutamate (MSG)

Monosodium glutamate (MSG, also known as sodium glutamate) is the sodium salt of glutamic acid, one of the most abundant naturally occurring non-essential amino acids. Glutamic acid is found naturally in tomatoes, grapes, cheese, mushrooms and other foods. MSG is used in the food industry as a flavor enhancer with an umami taste that intensifies the meaty, savory flavor of food, as naturally occurring glutamate does in foods such as stews and meat soups. It’s a flavor enhancer. Monosodium glutamate (MSG) is commonly added to Chinese food, canned vegetables, soups, and processed meat. “MSG contains glutamic acid (non-essential amino acid) which is also naturally found in tomatoes, grapes, cheese, mushrooms and other foods. Monosodium glutamate has found in various applications such as additives, flavor enhancers, acidity regulators, preservatives, and others. Increasing in demand of food industries is likely to drive the monosodium glutamate market growth. The growing food industries and animal feed industry on account of developing domestic as well as commercial market particularly in Asia-Pacific and Middle East has boosted the global monosodium glutamate market over the forecasted period. The growing preference towards processed food and fast food, owing to hectic lifestyles is expected to remain a key driving factor for the global monosodium glutamate market in the forecast period. The manufacturing of monosodium glutamate has shifted from the extraction method to the fermentation method, as this method can be used for large scale production while maintaining a low per-unit cost. Thus owing to an increase in the profit margin, which has largely impacted growth of the monosodium glutamate market. Based on application, the global MSG market can be segmented into flavor enhancer, preservative, and acidity regulator. The product finds its use as a flavor enhancer in processed meats & soups, canned vegetables, and other food products. The global food processing industry revenue accounted for over USD 2.5 trillion in 2016 and is likely to grow with a decent CAGR. Prominent players such as Kraft Foods and Nestle are increasing their brand awareness by investing hugely in promotions to uphold product differentiation. These factors are propelling the global MSG market demand to new heights.
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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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