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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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Oxygen and Nitrogen Gas Plant

Oxygen (CO2,gas at O0/1 matm. 1.429 g./l, crit. pressure, 49.7 matm.) is a colorless, odourless, and tasteless gas, somewhat heavier than air. It is one of the most active elements and plays on essential part in the respiration of living cells and in combustion. Nitrogen is the chemical element with the symbol N and atomic number 7. It was first discovered and isolated by Scottish physician Daniel Rutherford in 1772, nitrogen is the principal gas in air (78%). India industrial gases market was valued at $ 2.1 billion in 2017 and is forecast to grow at a CAGR of over 11% to surpass $ 3.9 billion in 2023 on account of growing demand from metal industry, particularly steel. Moreover, regular capacity expansions by automobile, refinery and chemical companies coupled with increasing number of new applications of industrial gases is further augmenting demand for industrial gases in the country. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Air Liquide India Holding Pvt. Ltd. • Arrow Oxygen Ltd. • Bellary Oxygen Co. Pvt. Ltd. • Bhagawati Oxygen Ltd. • Bhilai Oxygen Ltd. • Ellenbarrie Industrial Gases Ltd. • Govind Poy Oxygen Ltd.
Plant capacity: Oxygen Gas:667,800 Cu.mtrs per annum Nitrogen Gas:2,480,400 Cu.mtrs per annumPlant & machinery: 306 Lakhs
Working capital: -T.C.I: Cost of Project:643 Lakhs
Return: 26.00%Break even: 62.00%
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Fresh Dips

Fresh DIP is a creamy liquid that is served with food or used to prepare foods. Sauces add flavor and moisture to food and enhance the palatability of food. Few of the major sauces that are consumed in the US are ketchup, soy sauce, mustard sauce, tabasco, and sriracha. Dressings are used for garnishing and adding taste to food, especially salads, burgers, sandwiches, and other snack items. Some of the widely used dressings are mayonnaise, vinaigrettes, Italian dressings, and Russian dressings. Dips are creamy, paste-like dressings that are generally consumed with breads, nachos, French fries, vegetables, and salad. The global sauces market is presumed to register a remarkable CAGR during the forecast period (2017-2023) owing to the incessant demand for flavor enhancers, asserts Market Research Future (MRFR). Sauces are referred to as fluids or semi-solid paste which are generally used as condiments across the food industry. Sauces are used as food additive as it enhances the flavor of food. They are also used as topping or dips and are popular for its rich taste. Sauces are low in saturated fat and sodium which further add to its nutritional value. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Adinath Agro Processed Foods Pvt. Ltd. • Amarkantak Foods Pvt. Ltd. • Capital Foods Ltd. • Cremica Food Inds. Ltd. • G D Foods Mfg. (India) Pvt. Ltd. • Nijjer Agro Foods Ltd. • Sublime Foods Ltd. • Veeba Food Services Pvt. Ltd.
Plant capacity: Fresh Dips 50 gms Size Pkts:1,500,000 Pkts per annum Fresh Dips 20 gms Size Pkts:3,750,000 Pkts per annumPlant & machinery: 30 Lakhs
Working capital: -T.C.I: Cost of Project:213 Lakhs
Return: 30.00%Break even: 59.00%
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Tailoring Chalk (Triangle Pattern)

Tailors' chalk is a square, circular or in the form of a triangular shaped product having a thickness of around 5mm. The product is used by the tailors for marking on clothes, so that the cloth can be cut according to the marked lines. Tailors' chalks are manufactured in white as well as in various colours to be suitable for marking on clothes of various colours. Tailor’s chalk is traditionally a hard chalk used to make temporary markings on cloth or a garment. Most of India’s population was brought up with tailored clothes which restricted the garment industry to small-scale manufacturing of ready-to-stitch clothes. The expansion of the domestic clothing brands and the entry of international fashion brands in the early 90s have increased the demand of the ready-to-wear apparel that has been growing ever since. In the last few years, exports in India’s garment industry have grown rapidly due to an increase in orders from global buyers and willing investors in the sector. The garment industry is an important sector and a major contributor to the Indian economy. Most households depend on this sector directly or indirectly to earn a living. Many global retailers come to India because of the low production costs, low labour costs, and easy availability of fabric. Thus, due to demand it is best to invest in this project.
Plant capacity: 150,000 Kgs per AnnumPlant & machinery: 18 Lakhs
Working capital: -T.C.I: Cost of Project:99 Lakhs
Return: 26.00%Break even: 57.00%
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Electric PCC Poles

Pre-Stressed Cement Concrete Poles (PCC Poles) are highly durable and strong. PCC Poles are fabricated from excellent quality concrete material. These poles are used extensively in electrical industry, for establishing electrical connections and fittings. PCC poles are available in different dimensions and weight depending on the requirement. The poles are eco-friendly and require very low maintenance. The PCC poles have consistent material properties throughout their length. PCC poles are not susceptible to rot and decay. The PCC pole has the same strength throughout its service life. PCC poles are not susceptible to insect and animal attack. The PCC pole market is expected to reach an estimated $52.1 billion by 2024 with a CAGR of 4.1% from 2019 to 2024. The major growth drivers for this market are increasing power generation capacity, growing transmission and distribution infrastructure, and replacement of aging networks. Emerging trends which have a direct impact on the dynamics of the market include wider use of transmission poles and increased usage of composite poles in transmission and distribution. As a whole there is a good scope for new entrepreneur to invest in this business. 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. • Shivshakti Cement Pipe Inds. Pvt. Ltd. • Sri Gopikrishna Infrastructure Pvt. Ltd. • West Bengal Concrete Inds. Pvt. Ltd.
Plant capacity: Electric Pre-stressed Concrete Cement Poles:24,000 Nos. per annum Plant & machinery: 284 Lakhs
Working capital: -T.C.I: Cost of Project: 487 Lakhs
Return: 1.00%Break even: 64.00%
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Fruits & Vegetables Powder (Tomato, Onion, Mango, Pomegranate and Papaya Powder)

Tomato powder is a powder derived from tomato. It is made by turning fresh tomatoes into a slurry and further spray drying the slurry, creating a fine powder of uniform consistency. It is used to add tomato flavor in various dishes, has increased its application in various food processors. On the basis of application, tomato powder is segmented such as seasoning and savories, soup mixes, snack foods, curries and gravies, baby foods and others. Onion powder is a processed form of dehydrated onion that can add the same flavor as fresh onions in a convenient manner. As a flavoring agent, onion powder is currently being used in a number of food and non-food products like- snacks, sauces, salads, soups, gravies, appetizers, seafood, meats, etc. Mango powder is a fruity spice powder made from dried unripe green mangoes and is used as a citrusy seasoning. It is produced in India, and is used to flavor foods and add the nutritional benefits of mangoes when the fresh fruit is out of season. India is known for its exotic spices since the ancient times. These spices are mostly used for flavoring or tempering cooked food. Pomegranate Powder is made of fresh pomegranate juices extracted by spray dried. In the production process strictly abide by the guidelines ensuring the food safety and quality. It is widely used for pharmaceutical industry, health care products, baby and infant products, snacks, solid beverage, ice-cream, all kinds of milk tea. The papaya fruit is a large berry about 15–45 cm (5.9–17.7 in) long and 10–30 cm (3.9–11.8 in) in diameter. It is ripe when it feels soft (as soft as a ripe avocado or a bit softer) and its skin has attained an amber to orange hue. Papayas are a soft, fleshy fruit that can be used in a wide variety of culinary ways. Here we will explore more on the health benefits, uses, how to incorporate more of them into diet, and what nutritional value papayas have. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Aarkay Food Products Ltd. • Foods & Inns Ltd. • Garlico Industries Ltd. • K I Z Foods Ltd. • Konkan Mango Processing (Ratnagiri) Pvt. Ltd. • Oceanic Foods Ltd. • Parry Phytoremedies Pvt. Ltd. • S Y P Agro Foods Ltd.
Plant capacity: Tomato Powder:90,000 Kgs per Annum Onion Powder:36,000 Kgs per Annum Mango Powder:120,000 Kgs per Annum Pomegranate Powder:45,000 Kgs per Annum Papaya Powder:90,000 Kgs per AnnumPlant & machinery: 69 Lakhs
Working capital: -T.C.I: Cost of Project:417 Lakhs
Return: 27.00%Break even: 57.00%
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Neem Oil and Neem Cake

Neem oil is obtained from the seeds of neem tree. Utilization of neem seeds is to be set with the problem of organization of systematic collection and crushing of seeds. But with the ever increasing exploitation of non edible oils for industrial and pharmaceutical purposes, neem oil is gaining importance economically.Neem oil can be used as soaps,medicinal and insecticide. Neem oil is usually opaque and bitter but it has recently been shown that it can be processed into non bitter edible oil with 50% oleic acid and 15% linoleum acid. Neem oil acts as an insecticide and protects plants and crops against pests. The demand of neem products are increasing day by day. Agriculture sector is now becoming a major consumer of theneem products viz. Neem oil, neem cake and neem based pesticides. The global biopesticide market is anticipated to grow at a staggering CAGR of 13.9% during the forecast period of 2017 to 2025.The biopesticides market is projected to reach USD 6.4 billion by 2023, at a CAGR of 15.99% during the forecast period. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Agro Extracts Ltd. • Hanuman Minor Oils Ltd. • J S P Oils & Fats Ltd. • K G N Agro Internationals Ltd. • Kohinoor Feeds & Fats Ltd. • Morinda Overseas Inds. Ltd. • Pan Asia Global Ltd.
Plant capacity: Neem Oil:225,000 Kgs per Annum Deoil Cake as by product:2,520,000 Kgs per AnnumPlant & machinery: 46 Lakhs
Working capital: -T.C.I: Cost of Project:100 Lakhs
Return: 28.00%Break even: 76.00%
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Kraft Paper from Waste Cartons

Kraft paper, Brown paper or wrapping paper is made from variety of raw materials, e.g. Bagasse, ground wood, straw, waste paper, in various combinations or alone, waste carton boxes etc. 'Kraft' mean strength and that is why its name. It is leading paper for wrapping heavy bundles. After corrugation it is used in many types of packing and it is an important packaging material. Kraft paper is extensively used for wrapping purposes, viz. wrapping paper bags, linters, corrugated sheets, etc. Kraft paper can be utilized for many different purposes. The present demand is estimated at 13.1 million tonnes with domestic production of 11.4 million tonnes, export of 0.5 million tonnes and import of 2.2 million tonnes. The demand is projected to boost to 23.5 million tonnes by 2024- 25. The recycled paper, comparatively cheaper, comprises almost 40% of the total raw material requirements at present. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Achal Paper Inds. Ltd. • Agrashakti Paper Mills Pvt. Ltd. • Aryan Paper Mills Ltd. • Bazargaon Paper & Pulp Mills Pvt. Ltd. • Best Paper Mills Pvt. Ltd. • Dev Priya Papers Pvt. Ltd. • Fiesta Papers Pvt. Ltd.
Plant capacity: 30,000 MT per AnnumPlant & machinery: 1524 Lakhs
Working capital: -T.C.I: Cost of Project:2496 Lakhs
Return: 28.00%Break even: 59.00%
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Activated Charcoal from Wood

Activated charcoal of three grades namely powder, granular and pelletized finds hundreds of different applications. By chemical activation, predominantly powder activated charcoals are made and these qualities are mostly used for wastewater treatment. Granular products and pellets used for gas purification are predominantly made by gas steam activation. To cite some examples from the numerous applications: decolorization of sugar and sweeteners, drinking water treatment, gold recovery, production of pharmaceuticals and fine chemicals, catalytic process, off gas treatment of waste incinerators, automotive vapor filters, color/odor correction in wines and fruit juices. Wood activated charcoal market has been segregated based on product, application, end-user and region. The product segment comprises powdered and granular wood activated charcoal. Among these, powdered form will hold over two-thirds of the entire wood activated charcoal industry in 2024. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Active Char Products Pvt. Ltd. • Acuro Organics Ltd. • Birla Carbon India Pvt. Ltd. • Core Carbons Pvt. Ltd. • Kalpaka Chemicals Pvt. Ltd. • Kan Carbon Pvt. Ltd. • Phillips Carbon Black Ltd.
Plant capacity: 1,200 MT per AnnumPlant & machinery: 216 Lakhs
Working capital: -T.C.I: Cost of Project:498 Lakhs
Return: 27.00%Break even: 56.00%
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Aluminium Foil Containers

Aluminum foil is made from an aluminum alloy which contains between 92 and 99 percent aluminium. Usually between 0.00017 and 0.0059 inches thick, foil is produced in many widths and strengths for literally hundreds of applications. It is used to manufacture thermal insulation for the construction industry, fin stock for air conditioners, electrical coils for transformers, capacitors for radios and televisions, insulation for storage tanks, decorative products, and containers and packaging. Aluminium foil containers are used to prepare, freeze, store, transport, cook and serve a variety of foods. The growth of the global aluminium foil containers market during the forecast period. Aluminium foil container growth has been over 40% in the past ten years. This rapid growth can be attributed, at least in part, to the U.S. consumer’s preference for easy-to-prepare foods, whether in the supermarket freezer or purchasing take home entrees or complete meals from restaurants and other retail outlets. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Amco India Ltd. • Bharat Containers (Nagpur) Pvt. Ltd. • Green Pack Foils Pvt. Ltd. • J P Foil Ltd. • Marudhar Industries Ltd. • Nilraj Engineering Works Pvt. Ltd. • P E L Industries Ltd.
Plant capacity: Aluminium Foil Containers Different Sizes:24,000,000 Pcs per AnnumPlant & machinery: 78 Lakhs
Working capital: -T.C.I: Cost of Project:157 Lakhs
Return: 30.00%Break even: 58.00%
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Jute Bags, Jute Sacks, Gunny Bags Manufacturing Industry

Jute Bags, Jute Sacks, Gunny Bags Manufacturing Industry. Production of Jute Gunny Bags Jute is 100% bio-degradable & recyclable and thus environment friendly. Jute is a natural fiber with golden & silky shine, and hence nicknamed as The Golden Fiber. Jute Bags/Jute Sacks/Gunny Bags have been widely used for packaging of various commodities viz. Cereals, Cashew nuts, Ground nuts, Pea nuts, Cotton, Palm Kernels, Gum Arabic, Coffee beans, Cocoa beans, Rice, Paddy, Wheat, Maize, Copra, Lentils, Sugar, Cement, Fertilizers etc. Jute Gunny Bags are extensively used for carrying bulk material such as pulses, grains, etc. from one place to another. Jute Gunny Bags are used to store large anoints of weights in them. These bags are suitable to be used in commercial and industrial places for transporting wheat, rice and other grains. Features: • Eco-friendly nature • Bio-degradable • Can be easily re-used • Easy to clean • Excellent finish • Smooth texture • Highly spacious Market Outlook India exported Jute Bag to 185 countries globally with the total export value of 181.39 US$ million in 2018. Top countries that import Jute Bag from India are Ghana, USA, United Kingdom, Australia, and Côte d'Ivoire. India is the largest producer of raw jute and the second largest exporter of jute and jute based goods in the world, next only to Bangladesh. India, Bangladesh, China, Myanmar, Nepal and Thailand are at present the major producers of Jute, Kenaf and Roselle fibres. India, Bangladesh and China are the large producers. Jute is a natural fiber popularly known as the golden fiber. Jute Bag Export facts and Information: • Total export of Jute Bag from India in last 30 days amount to 5,819.12 INR million. • Major Indian ports for exporting Jute Bag products are MUNDRA, KOLKATA SEA, NHAVA SHEVA SEA, COCHIN SEA, PIPAVAV(VICTOR) PORT.. • The top international ports for importing Jute Bag are JEDDAH, JEBEL ALI, JAKARTA, SHUWAIKH, and DAMMAM. In recent years, jute cultivation has also been extended to the states of Meghalaya, Tripura, Tamil Nadu, Maharashtra and Uttar Pradesh. Jute industry, in India, is mainly a raw material oriented Industry. Hence, majority of the jute mills are concentrated near jute growing tracts of West Bengal along the banks of the Hugli River. West Bengal alone accounts for 63.55 per cent of the total production of jute goods in the country. Besides West Bengal, Orissa is the second largest producer of jute goods in the country (about 17 per cent). Other important centres of jute industry include Samastipur, Katihar and Darbhanga in Bihar; Kanpur, Gorakhpur (Shahjanwan) in Uttar Pradesh; and Raigarh in Chhattisgarh. It is one of the cheapest and the strongest of all natural fibers and considered as fiber of the future. Jute is second only to cotton in world’s production of textile fibers. India, Bangladesh, China and Thailand are the leading producers of Jute. It is also produced in southwest Asia and Brazil. The two main types of jute, white jute (Corchorus Capsularies)and dark jute or tossa (Corchorus Olitorius) are grown in India, Bangladesh, Thailand, China and south Asian countries. The global jute bag market reached a value of US$ 1.8 Billion in 2018, exhibiting a CAGR of around 11.5% during 2011-2018. The global jute bag industry is currently at a nascent stage with encouraging growth aspects. The demand for jute bags has witnessed a surge over the past few years, particularly in the European Union. This can be attributed to the growing environment consciousness in the region. With the increase of population and civilization, the demand for the jute bag is also increasing; awareness about the environment is also the reason for jute bag demand. The government has already taken steps toward the eco-friendly product, and as result, they ban the use of plastic bag therefore the jute bags are the best replacement for plastic bags. The imports of jute bags in non-producing countries have also been facilitated by the ban on plastic packaging materials and bags. Additionally, the benefits offered by jute bags such as their biodegradability, durability, low cost, high strength, etc. have further supported the market growth. Some of the key players operative in the market include Aarbur, Ashoka Exports, Hitaishi-KK, Howrah Mills Co. Ltd., Shree Jee International India Ltd. and Gloster Limited. Tags #Jute_Gunny_Bags, #Jute_Bags, Jute Sacks, #Gunny_Bags, #Gunny_Sack, Gunny Shoe or Tow Sack, Jute Gunny Bags Manufacturing Process, Jute Bag Making Unit, Manufacturing Process of Jute Bag, Jute Sacking Bags Manufacturing Business, #Project_Report_on_Gunny_Bag_Manufacturing_Plant, Gunny Bags Manufacturing Plant, #How_to_Start_Jute_Bag_Making_Business, Jute Bag Making Business Plan, Jute Bags Manufacturing Business Plan, Jute Bag Manufacturing Process Pdf, Jute Bags Manufacturing, Jute Bag Manufacturing Business Plan Pdf, Jute Bag Manufacturing Unit Cost, Jute Bags Manufacturing Process, Gunny Bag Making Business, #Gunny_Bags_(Jute_Bags)_Manufacturing, Gunny Bags Manufacture Process, #Gunny_Bags_Production_Process, Jute & Jute Based Projects, Project Report on Gunny Bag Manufacturing Plant, Gunny Bags Manufacture, Manufacture of Gunny Bags, Project Report on Gunny Bags (Jute Bags) Manufacturing Industry, #Detailed_Project_Report_on_Gunny_Bags_(Jute_Bags)_Manufacturing, Project Report on Gunny Bags (Jute Bags) Manufacturing, Pre-Investment Feasibility Study on Gunny Bags (Jute Bags) Manufacturing, Techno-Economic feasibility study on Gunny Bags Manufacturing Business, #Feasibility_report_on_Gunny_Bags_(Jute_Bags)_Manufacturing, Free Project Profile on Gunny Bags (Jute Bags) Manufacturing, Project profile on Gunny Bags Manufacturing Business, Download free project profile on Gunny Bags (Jute Bags) Manufacturing, Gunny Bags Manufacturing Business, Jute Industry in India, Indian Jute Industry, Jute Sector in India, Jute Processing Industry
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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  • 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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