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

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

TOURISM

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

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

 

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


INDUSTRIAL POLICY

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

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

OBJECTIVES

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

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

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

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

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

•        To attract investment in the state.

IDENTIFICATION OF THRUST AREAS

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

•        Forest-based Industries

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

•        Food Processing Industries

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

•        Handloom Industries

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

•        Handicraft Industries

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

•        Plantain fibre and hill brooms

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

•        Textile related industries

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

•        Animal Feed and poultry feed Industries

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

INCENTIVES

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

•        Subsidies on the cost of Project Report 

•        Land subsidy

•        Factory rent subsidy

•        Manpower development subsidy

•        Interest subsidy

•        Power subsidy

•        Subsidy on Power Line 

•        Subsidy on Power Generating set

•        State Transport subsidy on Plant and Machinery 

We can provide you detailed project reports on the following topics. Please select the projects of your interests.

Each detailed project reports cover all the aspects of business, from analysing the market, confirming availability of various necessities such as plant & machinery, raw materials to forecasting the financial requirements. The scope of the report includes assessing market potential, negotiating with collaborators, investment decision making, corporate diversification planning etc. in a very planned manner by formulating detailed manufacturing techniques and forecasting financial aspects by estimating the cost of raw material, formulating the cash flow statement, projecting the balance sheet etc.

We also offer self-contained Pre-Investment and Pre-Feasibility Studies, Market Surveys and Studies, Preparation of Techno-Economic Feasibility Reports, Identification and Selection of Plant and Machinery, Manufacturing Process and or Equipment required, General Guidance, Technical and Commercial Counseling for setting up new industrial projects on the following topics.

Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.

We can modify the project capacity and project cost as per your requirement.
We can also prepare project report on any subject as per your requirement.

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Acid Slurry (From Linear Alkyl Benzene)

Acid slurry or alkyl benzene sulphonate is prepared by sulphonation of Linear Slkyl Benzene (LAB) with a suitable sulphonating agent. Batch sulphonation with either diluted SO2 gas or concentrated sulphuric acid or a mixture of 20% oleum and 98% sulphuric acid or oleum alone. Linear alkyl benzene is the raw material used to manufacture linear alkyl benzene sulfonate (LABSA), an active ingredient in the formulation of detergents. LABSA eliminates dirt by its physicochemical mechanism and it is one of the surfactants most widely used in liquid cleaners and in powder. LABSA has been used for more than 45 years in the manufacture of detergents and it is known for its excellent quality/price ratio. The global linear alkyl benzene (LAB) market is expected to register a CAGR of 3.15% during the forecast period, 2018 - 2023. Linear alkyl benzene, an organic compound, is an intermediary in the production of surfactants, which is mainly used in detergents. LAB removes oil and fatty soil absorbed into the fabric, textile or any other material. LAB is mostly used to manufacture LAS to produce detergents, house cleaners, fabric softeners, and soap bars. Linear alkylbenzene sulfonic acid (LABSA) is the largest-volume synthetic surfactant because of its relatively low cost, good performance. LAB is straight chained and can be dried to a stable powder, which are biodegradable. LAB is also required for the manufacturing of LABSA and linear alkylbenzene sulfonate (LAS), which comprises the largest global share in synthetic surfactant sector. About 83-87% of LAS is being used in household detergents, dishwashing liquids, laundry liquids, laundry powders, and other household cleaners. Heavy-duty laundry liquids are used for blankets, carpets, and bed-sheets while light-duty laundry liquids are used for regular clothes. Industrial, institutional, and commercial cleaners account for most of the other applications.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Automobile Radiators

Radiators are heat exchangers used for cooling internal combustion engines, mainly in automobiles but also in piston-engined aircraft, railway locomotives, motorcycles, stationary generating plant or any similar use of such an engine. Internal combustion engines are often cooled by circulating a liquid called engine coolant around the engine block, where it is heated, then through a radiator where it loses heat to the atmosphere, and then returned to the engine. Engine coolant is usually water-based, but may also be oil. It is common to employ a water pump to force the engine coolant to circulate, and also for an axial fan to force air through the radiator. The global automotive radiator market is expected to reach an estimated $13.5 billion by 2022 and it is forecast to grow at a CAGR of 5.2% by value from 2017 to 2022. The major growth drivers of this market are increasing production of passenger cars and light commercial vehicles, increasing radiator aftermarket demands, and stringent government emission standard for fuel efficiency.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Nylon Polyester & Polypropylene Rope

Polyester ropes are almost as strong as nylon when dry. Polyester retains its strength when wet, and thus polyester ropes are generally stronger than nylon ropes when wet. Polypropylene is probably the most common material found in ropes used in the marine field. Polyester rope it’s only about 90% as strong as nylon in strength when a steady force is applied and does not absorb shock loads as well. It is also holds up as well against damage from most chemicals, rot, and mildew as nylon, but is superior in resistance to abrasion and sunlight, stretches far less. Polypropylene rope is the most popular all purpose rope for the average consumer. It is a high quality, light-weight rope that is affordable and very functional. It is high quality, strong for it’s weight, but it is not very UV, heat, or abrasion resistant. For this reason, it is generally not a good choice for long term applications where the rope would be exposed to sun or abrasion. Polypropylene rope is rot resistant and floats, making it very popular for water sports and markers. Globally, increasing demand for synthetic ropes from marine & fishing and oil & gas industry is expected to drive the demand for synthetic ropes during the period of study. The global synthetic rope market is driven by the numerous benefits as compared to steel ropes such as synthetic rope are much lighter in weight, high tensile strength, flexibility and improved performance.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Mechanical Toys

Mechanical toys are toys powered by mechanical energy. Depending on the mechanism used they can perform a range of motions, from simple to very complex. Mechanical toys use several types of mechanisms, because Cam toys are powered by a very large cam and even bigger cam follower which transfers the cam rotation to the working area of the toy. The cam is unevenly rotated by placing the rotator out of the ideal center. This transforms the circular motion into motion that moves up and powers the toy. The demand in the global smart toys market is expected to increment at a considerable CAGR, gaining traction from a number of factors such as advancements in artificial intelligence (AI) and the Internet of Things (IoT), changing lifestyle of urban population who have increased their disposable income but losing on time for parenting, and growing awareness regarding the benefits offered by these modern toys, both outdoor and indoor. Toys market is estimated to reach a net worth of US$1,619.6 mn by 2022. Japan smart toys market is expected to create absolute dollar opportunities of US$56.1 mn between 2017 and 2022.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Disposable Cigarette Gas Lighter

Cigarette lighters of the type using liquified gas such as butane for fuel, and more particularly to a lighter which may be thrown away after the, initial supply of fuel has been exhausted. The usual means of refilling a gas cigarette lighter is by use of a separate disposable tank or by what is called a refill system whereby liquified gas from a large supply container is allowed to flow into a reservoir contained within the lighter. Lighters of these types are relatively expensive since they must be made of exceptionally durable material since they are expected to work for years. As a result, the cost of the material going into such lighters is quite high. Attempts have been made heretofore to provide disposible non-refillable lighters of the gas type. However, as far as it is known, none of the so-called disposable lighters have been successful. The global cigarette lighter market was worth US$ 6 Billion in 2017. The report further anticipates the market to cross US$ 7 Billion by 2023, at a projected CAGR of 2.5% over the forecast period.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Electrical Insulating Tape Using Bopp Film

These tapes are used in electrical insulation purpose, in packaging, sealing and a various other general uses. These tapes are also used for general labelling with printing. Packaging in India is an Rs.11, 500 crores industry and growing at the rate of 18 per cent annually. The global market for packaging is US $900 billion and India’s share is only US $3 billion, but while the per capita expenditure on packaging in the US is a whopping US $125, it is only $6.5 in India. Therefore, there is a huge potential for growth in the Indian packaging industry.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Ball Bearing Manufacturing

A ball bearing is a type of rolling-element bearing that uses balls to maintain the separation between the bearing races. The purpose of a ball bearing is to reduce rotational friction and support radial and axial loads. Ball bearings are rolling element bearings that use balls to separate the bearing races and provide smooth, low friction motion in rotary applications. Ball bearings are manufactured in hundreds of sizes, from the ultra-small 1.50 mm diameter bearing for use with miniaturized medical devices and micro-motors, to bearings over 15 feet in diameter for use in heavy equipment. Manufacturing process involving machining, heat treating, grinding, honing, lapping and assembly. Although there may be variations, the following process applies to the vast majority of standard ball bearings produced today. The growth of the bearings industry is correlated to the growth of the automotive and industrial industries. Moreover, increase in production of commercial vehicles is one of the key drivers of the bearings industry. The global bearings market size was estimated at $78,779 million in 2014. It is estimated to be valued at $140,792 million in 2022, registering a CAGR of 7.5% during the forecast period.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Plaster of Paris Bandages

Plaster bandages are used in the medical sector, for manufacturing sterile plaster bandages, limb supports, medical prosthesis and hearing aids. In this domain, our plasters are chosen for their excellent quality and grade, and capacity to accurately reproduce limbs, both in shape and dimension. Bandages are manufactured through a process involves soaking a woven fibre material in a plaster solution, which is subsequently dried. Plaster bandages are fast and practical to use; soaked in water, the moistened bandage is applied to the limb, hardening rapidly, to form a resistant casting, which does not lose shape.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Aerosol Spray (Bagon Type) For Mosquito, Insects

Insecticides in aerosol form have become, since 1940, an important means of controlling insects. They were immediately adopted by the military forces to combat disease-carrying insects, such as the malaria and yellow-fever mosquitoes. Because of accelerated research and widespread use during the war period, the aerosol today is a household word and item. Aerosols are efficient when properly used because of the minimum of wastage. Particles of an aerosol come in contact with an insect by settling on it through gravitational fall or by striking it through motion of the particles or the insect. When aerosols are used in confined spaces, such as a room, the contact is partly by the first method, and the time necessary for enough particles to accumulate on a resting insect to cause its death is related to the rate at which the particles settle. The global household insecticides market is expected to increase at a CAGR of 7.9% over the forecast period to reach US$ 17,248.9 Mn by 2021. Household insecticides are manufactured in different forms and used for controlling various types of insects. Household insecticides formats used for controlling mosquitos and flies are aerosol/spray, electric, coils, others.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Azo Dye Stuffs

Azo dyes are organic compounds bearing the functional group R?N=N?R?, in which R and R? are usually aryl. They are a commercially important family of azo compounds, i.e. compounds containing the linkage C-N=N-C. Azo dyes are widely used to treat textiles, leather articles, and some foods. Chemically related to azo dyes are azo pigments, which are insoluble in water and other solvents. In 2017, the global Azo Dyes Market size was XX million US$ and it is expected to reach XX million US$ by the end of 2025, with a CAGR of XX.X % between 2018 and 2025. The Azo Dyes Market is highly competitive due to the presence of well-established key vendors. The availability R&D facilities and investments by the market leaders ensure that product innovation is always given top priority. The vendors compete based on price, quality, branding, and customer service. Since there is little differentiation between the products offered in Azo Dyes Market, vendors are focusing on launching new technologies.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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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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