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

Meghalaya is a state in north-east India. The name means "the abode of clouds" in Sanskrit. As of 2011, the state has a population of 2,964,007 and is the 23rd most populous in the country. The population of Meghalaya as of 2014 is estimated to be 3,211,474. Meghalaya covers an area of approximately 22,430 square kilometers, with a length to breadth ratio of about 3:1

Meghalaya is predominantly an agrarian economy. Agriculture and allied activities engage nearly two-thirds of the total work force in Meghalaya. However, the contribution of this sector to the State's NSDP is only about one-third. Agriculture in the state is characterized by low productivity and unsustainable farm practices. Despite the large percentage of population engaged in agriculture, the state imports food from other Indian states.


TOURISM

 Meghalaya has some of the thickest surviving forests in the country and therefore constitutes one of the most important ecotourism circuit’s in India. The Meghalaya subtropical forests support a vast variety of flora and fauna. Meghalaya has 2 National Parks and 3 Wildlife Sanctuaries.   Meghalaya also offers many adventure tourism opportunities in the form of mountaineering, rock climbing, and trekking and hiking, water sports etc. The state offers several trekking routes, some of which also afford an opportunity to encounter rare animals such as slow loris, assorted deer and bear. The Umiam Lake has a water sports complex with facilities such as rowboats, paddleboats, sailing boats, cruise-boats, water-scooters and speedboats. Tourism in India is a growing industry, and as per World Tourism Organization predictions, India will be a leader in using tourism as an employment generator. The State of Meghalaya must be placed in a strategic position to take advantage of this growth.

“MEGHALAYA TOURISM DEVELOPMENT CORPORATION” has been set up for developing and promotion of Tourism in Meghalaya. The Corporation shall make efforts to increase its revenue to enable to carry out promotional activities. MTDC will organize package tours not only to Cherrapunjee but to other tourist destinations; organize training for guides, etc.

INDUSTRIAL SECTOR

The New Industrial & Investment Promotion Policy is designed to facilitate investments in new sectors across the State and thus ensure accelerated and sustained growth. The Policy focuses to attract, facilitate and promote wider expectations and high end investment.

There is an urgent need to promote investment in backward and difficult but resource rich areas. Therefore the policy provides additional incentives and support for such investments.


OBJECTIVE OF THE POLICY

•        To promote investment in all sectors

•        Generate employment opportunities for the local people in the industries and allied sectors.

•        To provide special incentives for promoting local Entrepreneurs in setting up of micro, small & medium manufacturing and service enterprises.

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage.

•        Achieve a balanced and growth oriented development covering the entire state through promotion of village and small scale industries.

•        Encourage need based development of local entrepreneurial skills through intensive motivation and training programmes at District, Sub-division and Block levels.

•        Provide guidance to prospective entrepreneurs by building up a data bank of project-profiles and other connected information. Special support to local entrepreneurs will be provided, and monitoring will be done to enable them to be successful.

•        Simplify rules and procedures by providing a single-window clearance facility for all investment proposals as applicable.

•        Promote Tourism, and make Meghalaya a tourist destination.

•        Promote IT as industries.

•        Promote first generation entrepreneurs. Government will encourage setting up of Entrepreneurship Development Institute by private or in PPP mode.

SALIENT FEATURES OF THE INDUSTRIAL POLICY

•        State Government believes in promoting private enterprises for speedy economic development of the State. The Government also stands committed to ensuring the healthy growth of existing industries. For this purpose, Government will ensure optimum number of industries by not permitting excess in any specific sector, thereby ensuring sustainability of existing business.

•        Enterprises promoted and managed by “Woman Entrepreneur”/physically challenged will get additional 10 % (ten percent) incentives on the State Capital Investment Subsidy.

•        Meghalaya has a long international border which needs immediate attention for development. To address this issue, 10 Kms towards the State from the International border is declared as “PRIORITY AREA” and enterprises set up within the 10 Kms area will be given special incentives to be known as “Border Area Subsidy”.

•        Government of Meghalaya recognizes:

1.       Hotels (not below two star category) and Amusement Parks.

2.       Medical and health services in the nature of nursing homes with a minimum capacity of 25 beds and Super – Specialty Health Care.

3.       Vocational training Institutes.


INDUSTRIES IDENTIFIED AS THRUST AREAS

                    Agro Based Industries :

   Horticulture – Based Units

   Biotechnology Based Units

   Medicinal Plants, Tea and Rubber

                       Animal Husbandry and Meat Processing Industries

         Development of Mineral based Industries:

      Coal-Based Industries

     Limestone Based Industries- Cement Plants, Lime Plants,

                      Calcium Carbide   Plants.

                       Electronics & Information Technology

INCENTIVES FOR LARGE AND MEDIUM SCALE INDUSTRIES

•        For large and medium scale industries, there are subsidies like capital investment subsidy, interest subsidy, power subsidy, subsidy on cost of pollution/quality-control measures, special subsidy for pioneer units in backward areas etc.

•        Exemption from the payment of applicable service tax for seven years to a "Tourism Unit"

•        Sales Tax exemption on sale of finished products for a period of seven years from the date of commercial production.

•        Reimbursement of Central Sales Tax (CST) paid on purchase of Capital Equipment installed till the date of project commissioning.

•        Partial exemption for applicable stamp duty.

INVESTMENT POLICIES

Meghalaya Government has always endeavored to set up the right kind of business climate to motivate investments in the State. In order to attract investment to the various sectors and thus contribute to the development of the economy as a whole.

The major being the industrial policy, which had been announced with a view to take advantage of the liberalized economic scenario in the country and also to keep pace with development in the national industrial sector are-

•        Generate employment opportunities for the local people in the industries and allied sectors

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage. Create a conducive environment for industrial development by creation of the basic Infrastructural facilities and by setting up of industrial areas, growth centre and export promotion industrial park.

•        Provide preference to local Entrepreneurship in setting up of large, medium and small-scale units.

•        Promote local interests through joint ventures with external investors so as to facilitate technology transfer and capital flow by a package of suitable incentives.

•        Encourage setting up of export-oriented, Agro based, Mineral-based, Horticultural based and Electronic units as thrust area.

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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Dairy Farming

Dairy farming is a class of agriculture for long-term production of milk, which is processed for eventual sale of a dairy product. Dairying is an important source of subsidiary income to small/marginal farmers and agricultural laborers. The share of livestock product is estimated at 21% of total agriculture sector. Milk production alone involves more than 70 million producers, each raising one or two cows/buffaloes primarily for milk production. In addition to milk, the manure from animals provides a good source of organic matter for improving soil fertility and crop yields. India is the world’s largest milk producer, accounting for more than 13% of world’s total milk production. As it is the world’s largest consumer of dairy products, but consuming almost 100% of its own milk production. It is expected that the world milk production will rise to 867 MMT by 26 per cent from current 714 MMT. However, as per the current CAGR of 4 per cent and optimistic projection of 4.5 per cent, India`s milk production is estimated to touch 180 million MT by 2020. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Amrut Industries Ltd. • Anmol Dairy Ltd. • Britannia Industries Ltd. • G R B Dairy Foods Pvt. Ltd. • Haryana Milk Foods Ltd. • Indiana Dairy Specialities Ltd.
Plant capacity: Cow Milk (Ltrs.): 756000 Units /Annum Manure (MT): 1080 Units /Annum Calf (Nos.): 126 Units /AnnumPlant & machinery: 47 lakhs
Working capital: -T.C.I: Cost of Project: Rs 529 lakhs
Return: 21.00%Break even: 50.00%
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Pan Masala

Pan Masala is a balanced mixture of betel leaf with lime, areca nut, clove, cardamom, mint, tobacco, essence and other ingredients. It is an agricultural product with herbal properties, also available in hygienic pack and pouches. The ingredients in pan masala vary widely, depending on personal taste and region. Fennel seeds are often key ingredients, since they tend to leave the mouth with a fresh feeling, and it is also possible to find cinnamon, cardamom, lime, menthol, areca nuts, betel nuts, and various other ingredients. India tops the list of smokeless tobacco users in the world with nearly 83 per cent consumers. Indians are so addicted to flavoured tobacco — pan masala and gutkha to be precise — that despite the ban on its manufacture and sale in 11 states so far, consumers are still getting hold of their daily fix, courtesy contraband sales. Popular pan masala brand Rajnigandha, produced by Dharampal Satyapal (DS) Group, has 65 per cent market share. Dharampal Satyapal, with sales of Rs 1,600 crore, is headquartered in Noida. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Alliance One Inds. India Pvt. Ltd. • Ashok & Company Pan Bahar Ltd. • Baba Global Ltd. • Dharampal Premchand Ltd. • Dharampal Satyapal Ltd. • Dhariwal Industries Pvt. Ltd. • Gogeneni Tobaccos Ltd.
Plant capacity: Sada Pan Masala : 165 Kgs /Day Meetha Pan Masala: 165 Kgs /Day Zarda Pan Masala: 170 Kgs /DayPlant & machinery: Rs 12 lakhs
Working capital: -T.C.I: Cost of Project : Rs 191 lakhs
Return: 27.00%Break even: 54.00%
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Fish and Prawn Feed

The production of fish meal from fish offal and surplus fish benefits both the national economy and the fisherman and should not be regarded as a salvage operation. If the raw material is of an only nature, for example herrings, fish oil is recovered as an additional product and finds a variety of outlets, much of it going, after suitable refining treatment, into edible fat mixtures. Prawns (shrimps) are produced from the sea, estuaries, brackish water lakes and fresh water areas, both by fishing as well as by farming. Prawn farming is nothing but culture of prawn in an enclosed water body. There are several varieties of shrimps and only four of them are considered to be viable for farming at present in India. Fish farmers in India have increased access to high-quality feed this year, as Cargill has opened its first feed plant dedicated to fish species in the country. Aqua Feed Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019,’ states that the market is predicted to expand at an 11.40% CAGR during the period between 2013 and 2019. Seafood production has been surging in India at the rate of 4% annually, since 2012, and the aquafeed demand in the country is also anticipated to be doubled, by 2022. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under • Avanti Feeds Ltd. • C P Aquaculture (India) Pvt. Ltd. • Grobest Feeds Corpn. (India) Pvt. Ltd. • Growel Feeds Pvt. Ltd. • Kerala Feeds Ltd. • Kwality Animal Feeds Pvt. Ltd.
Plant capacity: Fish Feed: 30 MT/Day Prawn Feed: 30 MT/DayPlant & machinery: 84 lakhs
Working capital: -T.C.I: Cost of Project : Rs 390 lakhs
Return: 28.00%Break even: 60.00%
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Pre-Stressed Concrete Electric Poles

PSC poles stands for pre-stressed concrete. These are highly durable and strong PSC Poles fabricated from excellent quality concrete material. These poles are used extensively in electrical industry, for establishing electrical connections and fittings. Pre-stressing is generally a way to overcome concrete weakness in tension. Generally, the concrete undergoes compression on top flange and tension at bottom flange. The unique characteristics of pre-stressed concrete allow predetermined, engineering stresses to be placed in members to counteract stresses that occur when the unit is subjected to service loads. The demand for prestressed (Pre-cast/Reinforced) concrete-cement (PCC) poles directly depends on the growth of electric power sector, because these poles are solely meant for overhead transmission and distribution of power to consumer units. The Government of India is taking a number of steps and initiatives like 10-year tax exemption for solar energy projects, etc., in order to achieve India's ambitious renewable energy targets of adding 175 GW of renewable energy, including addition of 100 GW of solar power, by the year 2022. Thus, due to demand it is best to invest in this project. Few Indian major players are as under • Arvind Kumar Nand Kumar Ltd. • Ashoka Pre-Con Pvt. Ltd. • Concrete Udyog Ltd. • Genus Power Infrastructures Ltd. • Sainik Finance & Inds. Ltd. • Shri Krsna Urja Project Pvt. Ltd.
Plant capacity: Pre-Stressed Concrete Electric Poles: 200 Nos./DayPlant & machinery: 158 lakhs
Working capital: -T.C.I: Cost of Project: Rs 462 lakhs
Return: 27.00%Break even: 58.00%
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Polyanionic Cellulose (PAC)

PAC, short for polyanionic cellulose, is a kind of water-soluble cellulose ether derivative made from natural cellulose by chemical modification, and an important kind of water-soluble cellulose ether. Polyanionic Cellulose polymer has excellent heat-resistant stability, salt tolerance and strong antibacterial activity. PAC-HV is a cellulose derivative product, white to creamish coloured free flowing fine powder. It is used for water-based drilling fluids. The PAC is having good demand in the domestic & international markets. The present domestic market size is about Rs. 300 crores annually & likely to grow at 9% per annum. The major industries in domestic market include ONGC & OIL. The consumption of these two companies put together is 35 million tons per year & growing at 4% per annum. As a whole entrepreneur can venture in this field will be successful. Few Indian major players are as under • Aditya Chemicals Ltd. • Aranthaangi Chemical Products Ltd. • Citurgia Biochemicals Ltd. • Fimakem India Ltd. • Gulshan Sugars & Chemicals Ltd. • Lime Chemicals Ltd. • Searsole Chemicals Ltd.
Plant capacity: Polyanionic Cellulose (PAC): 3 MT /DayPlant & machinery: 113 lakhs
Working capital: -T.C.I: Cost of Project : Rs 418 lakhs
Return: 24.00%Break even: 58.00%
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Automobile Hoses

Hose design is based on a combination of application and performance. Common factors are size, pressure rating, weight, length, straight hose or coil hose, and chemical compatibility. Hoses are made from one or a combination of many different materials. Applications mostly use nylon, polyurethane, polyethylene, PVC, or synthetic or natural rubbers, based on the environment and pressure rating needed. In recent years, hoses can also be manufactured from special grades of polyethylene (LDPE and especially LLDPE). India is also a prominent auto exporter and has strong export growth expectations for the near future. Government of India and the major automobile players in the Indian market are expected to make India a leader in the 2W and Four Wheeler (4W) market in the world by 2020. The Indian automotive aftermarket is estimated to grow at around 10-15 per cent to reach US$ 16.5 billion by 2021 from around US$ 7 billion in 2016. It has the potential to generate up to US$ 300 billion in annual revenue by 2026. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under • Alfa Flexitubes Pvt. Ltd. • Cosmos India Rubber Works Ltd. • Gates India Pvt. Ltd. • Integrated Thermoplastics Ltd. • Kisan Extrusions Ltd. • Kisan Irrigations & Infrastructure Ltd
Plant capacity: Automobile Hoses: 4000 Nos./DayPlant & machinery: 47 lakhs
Working capital: -T.C.I: 185 lakhs
Return: 28.00%Break even: 70.00%
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Cheese Analogues

Cheese analogues (more widely known as cheese alternatives) are products used as culinary replacements for cheese. These include vegan cheeses as well as some dairy products, such as processed cheese or Kraft Singles that do not qualify as true cheeses. Cheese analogues used especially for pizza are produced by using rennet casein, acid casein, vegetable oil mixtures and other functional additive substances. A typical MCA formulation is determined as casein and caseinates 18-24%, vegetable oil 22-28%, starch 0-3%, ES 0.5-2, sweeteners and flavorants 0.5-3%, stabilizer 0-0.5%, acidifiers 0.2-0.36%, colourants 0.04%, preservatives 0.10% and water content 45-55%. Cheese Analogues market is currently experiencing a growth in demand due to need of reduction in prices of cheese production. Cheese analogues are produced with the help of different types of methods and production techniques. Cheese analogue’s produced with the help of individual constituent, soya oil and casein etc. are cheaper alternatives for milk dry matter. In India, a successful attempt has been made in developing MCA based on acid casein and vegetable oil/fat blend taking help of emulsifying salts and rennet casein and speciality fat. As a whole you can invest in this project without risk and earn profit.
Plant capacity: 1000 Kgs./DayPlant & machinery: 36 lakhs
Working capital: -T.C.I: Cost of Project: Rs 126 lakhs
Return: 26.00%Break even: 62.00%
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Craft Beer

Craft brewing" is a more encompassing term for developments in the industry succeeding the microbrewing movement of the late 20th century. Bira 91, (90 calories for a 330 ml bottle). "Bira 91 Light is the lowest calorie option for any alcoholic beverage in the bar. It is lower than a glass of champagne, much lower than Breezers, wine, or cocktails. Heck, it’s even lower than a glass of milk or orange juice!" Craft beers and microbreweries are niche concepts in India which have been growing for past few years and are beginning to take shape now. They are mushrooming in many parts of the country. This is an emerging trend that is certainly attracting middle class Indians, particularly in urban areas. The craft beer market in India is pegged at Rs. 280 crore and may grow to Rs. 4,400 crore by 2020. This facilitates the development of new technologies and ensures a high quality product. Few Indian major players are as under • Appollo Distilleries & Breweries Pvt. Ltd. • Arthos Breweries Ltd. • Aurangabad Breweries Ltd. • Castle Breweries Ltd. • Devans Modern Breweries Ltd. • Doburg Lager Breweries Ltd. • Doon Valley Brewers Ltd.
Plant capacity: 5000 Ltrs./DayPlant & machinery: Rs 383 lakhs
Working capital: -T.C.I: Cost of Project: Rs 830 lakhs
Return: 26.00%Break even: 52.00%
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Adult Pull-up Diapers

Diapers are primarily worn by children who are not yet potty trained or experience bedwetting. However, they can also be used by adults with incontinence or in certain circumstances where access to a toilet is unavailable. A disposable diaper may also include an inner fabric designed to hold moisture against the skin for a brief period before absorption to alert a toilet training or bedwetting user that they have urinated. An adult diaper is a diaper made to be worn by a person with a body larger than that of an infant or toddler. Diapers can be necessary for adults with various conditions, such as incontinence, mobility impairment, severe diarrhea or dementia. Disposable diapers market would garner substantial market share of about 63% of the estimated global market by 2020. According to “India Diaper Market Outlook, 2021”, India’s diaper market was growing with a CAGR of 22.23% over past five years. On the basis of age, the report categorizes the India diaper market into baby diapers and adult diapers. Baby diapers constitute the leading category in the market. Which facilitates the development of new technologies and ensure a high quality product. Few Indian major players are as under Carewell Hygiene Products Ltd. Centron Industrial Alliance Ltd. Diapers India Ltd. Godrej Hygiene Products Ltd. Gufic Biosciences Ltd. Johnson & Johnson Pvt. Ltd.
Plant capacity: Adult Pull-up Diapers (Big Size) 10 Pcs/Pkts: 6000 Pkts/Day Adult Pull-up Diapers (Big Size) 4 Pcs/Pkts: 15000 Pkts /Day Adult Pull-up Diapers (Small Size) 10 Pcs/Pkts: 6000 Pkts/Day Adult Pull-up Diapers (Small Size) 4 Pcs/Pkts: 15000 Pkts /DayPlant & machinery: 2123 lakhs
Working capital: -T.C.I: Cost of Project: Rs 2787 lakhs
Return: 54.00%Break even: 32.00%
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Medical Disposables (Gowns/Drapes)

Surgical gowns are worn by doctors and nurses in the operating theater to address a dual function of preventing transfer of microorganisms and body fluids from the operating staff to the patient, and also from patient to staff. A surgical drape is a covering made of a disposable non-woven material and is used to cover the area of a patient. A drape usually has a fenestration (an opening) to allow the surgeon to perform the operation. Drapes also vary from hospital to hospital. For example, for an eye operation, a drape measuring 15 sq. in. Medical Nonwoven Disposables Market size is set to exceed USD 12.5 billion by 2024; according to a new research report by Global Market Insights, Inc. Increasing number of baby boomers highly susceptible to suffer from incontinence condition will serve as high impact rendering factor for the medical nonwoven disposables market growth. Thus, due to demand it is best to invest in this project.
Plant capacity: Surgeon Gowns: 250 Pcs./Day Pateint Gowns: 300 Pcs./Day Pillow Covers: 700 Pcs./Day Surgeon Caps: 1000 Pcs./DayPlant & machinery: 204 lakhs
Working capital: -T.C.I: Cost of Project: Rs 492 lakhs
Return: 27.00%Break even: 51.00%
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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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