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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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Garden Tools & Fencing Accessories

Garden tool is any one of many tools made for gardens and gardening and overlaps with the range of tools made for agriculture and horticulture. Garden tools can also be hand tools and power tools. Garden tools have evolved a lot over the years, from the digging sticks of antiquity to today's highly specialized tools. Every season brings new garden gadgets and buying them can become addictive. The global gardening tools market is estimated to be valued at over US$ 4,200 Mn in 2017 and is estimated to be valued at nearly US$ 5,380 Mn by 2025. The gardening tools market is anticipated to create total incremental opportunity of US$ 1189.8 Mn between 2017 and 2025. A garden tool is any one of many tools made for gardens and gardening and overlaps with the range of tools made for agriculture and horticulture. In terms of revenue, the lawn mowers segment dominated the market and will continue to lead the market in the coming years.
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Return: 1.00%Break even: N/A
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Cricket Ball and Bat Manufacturing

Cricket Ball A cricket ball is a hard, solid ball used to play cricket. In men's cricket the ball must weigh between 5.5 and 5.75 ounces (137.5 and 143.8 g) and measure between 8 13/16 and 9 in (220 and 225 mm) in circumference. A cricket ball is a hard, solid ball used to play cricket. A cricket ball consists of cork covered by leather, and manufacture is regulated by cricket law at first-class level. The manipulation of a cricket ball, through employment of its various physical properties, is a staple component of bowling and dismissing batsmen. Movement in the air, and off the ground, is influenced by the condition of the ball. A cricket ball is made from cork strips and a tightly wound string. It is then covered by a leather case with a slightly protruding seam. The outer layer of a ball, which is covered by the highest quality leather, is cut into four pieces. Cricket ball industry is on firm footing looking to the internal and increase in export demand, there is a good scope for starting new manufacturing units in different parts of the country. About 90 units at Meerut, Jalandhar and other places are engaged in the manufacturing of cricket balls each employing 10 to 30 workers. The production is about 180 thousand dozens per year valued more than Rupees 300 lakhs. Cricket Bat A cricket bat is a specialised piece of equipment used by batsmen in the sport of cricket to hit the ball, typically consisting of a cane handle attached to a flat-fronted willow-wood blade. The length of the bat may be no more than 38 inches (965 mm) and the width no more than 4.25 inches (108 mm). Cricket bats are the specialized equipment used by the cricket players. Cricket bats may come in different sizes but the length of the cricket bat may be no more than 38 inches and the width no more than 4.25 inches. Cricket Bats are used by professional, Club, and beginner’s batsman. The cricket bats are made for different style of play. The global cricket equipment market will grow steadily over the next four years and post a CAGR of more than 3% by 2021. This market research analysis identifies the consumers’ shift towards healthy lifestyles as one of the key growth factors for the global cricket equipment market. The recent years witnessed a gradual shift in the preference of consumers toward active and healthy activities to compensate the hectic and sedentary lifestyles. Additionally, the rapid growth in the number of illnesses is also influencing people to opt for physical activities to remain healthy. Due to the health benefits such as wellness and stress relief associated with sport activities, there is a rising number of people participating in sports such as football, cricket, and running.
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Return: 1.00%Break even: N/A
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Furnace Oil

Furnace oil is a dark colored fuel, either distilled or residual fraction of crude oil that is extracted while petroleum distillation and is used for the purpose of generation heat and power. This fuel is sticky, thick and glutinous in nature. Furnace oil is known by the name of fuel oil internationally and also as bunker fuel. The fuel oil consists of lengthy chains of hydrogen and carbon mainly alkanes, cycloalkanes and aromatics. Basically furnace oil is termed for relatively heavier commercial extracts from crude oil. Fuel oil (also known as heavy oil, marine fuel or furnace oil) is a fraction obtained from petroleum distillation, either as a distillate or a residue. In general terms, fuel oil is any liquid fuel that is burned in a furnace or boiler for the generation of heat or used in an engine for the generation of power, except oils having a flash point of approximately 42°C (108°F) and oils burned in cotton or wool-wick burners. Furnace oil is largely an industrial fuel. It acts as a key ingredient in the generation of electricity and heat in a number of production units. It has been used since a long time for such purposes and has gained much importance and inevitable value. Fuel oil comes under the category of the heavier oils that include furnace oil, low sulfur heavy stock, residual fuel oil, lube oil, bitumen, petroleum coke, paraffin wax and other waxes which can be extracted from crude oil.
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Return: 1.00%Break even: N/A
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Paint Brush

A paintbrush is a brush used to apply paint or sometimes ink. A paintbrush is usually made by clamping the bristles to a handle with a ferrule. They are available in various sizes, shapes, and materials. Thicker ones are used with for filling in, and thinner ones are used for details. They may be subdivided into decorators' brushes used for painting and decorating and artists' brushes use for visual art.
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Return: 1.00%Break even: N/A
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Jelly Filled Cables

Jelly filled cable is an underground cable having polythene as insulation on conductors and the inter-spaces between the conductors is fully filled with petroleum jelly. Petroleum jelly prevents ingress of moisture and water inside the core in the event of any damages to the cable. The Cable is circular throughout its length and is free from any physical defects.
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Return: 1.00%Break even: N/A
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Buffalo Meat Processing

Buffalo meat is the meat of the water buffalo, a large bovid, raised for its milk and meat in many countries including India, Nepal, Pakistan, Bangladesh, Philippines, Bulgaria, Italy, Russia, Czech Republic, Slovakia and Egypt. Buffalo meat is known by various names in different countries. In some places it is known as buffen, or buff in India and Nepal; in some countries it is known as carabeef, from the Spanish term and breed name carabao. Meat taken from a buffalo younger than 20 months is known as padwa in India, pado in Nepal and bansgosh in Pakistan. Buffalo calves are often referred to as buffalo broilers and brought up exclusively on milk for the purpose of being slaughtered young for meat. India’s growing middle-class is pushing the growth of the meat sector. Research shows that there will be around 80% growth in meat demand by 2022 driven by convenience. This will bolster the adoption of processed meat, fish, and poultry products. The Indian meat market is US$31 billion growing at a CAGR 20% and it will reach US$65 billion by 2022.
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Return: 1.00%Break even: N/A
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Rubberwood Processing Plant

Rubberwood is a light-colored medium-density tropical hardwood obtained from the Pará rubber tree (Hevea brasiliensis), usually from trees grown in rubber plantations. Rubberwood is commonly advertised as an "environmentally friendly" wood, as it makes use of plantation trees that have already served a useful function. The rubberwood used in furniture comes from the tree that produces latex. They're also called rubber trees, parawood, Asian hardwood, plantation hardwood or Hevea brasiliensis. Native to Brazil, these trees often grow on plantations with lots of production throughout Asia. The trees mature after about nine years. Rubberwood varies from nearly white to yellow or cream in color. It has dense, straight grain with a coarse texture similar to that of oak. The grain, however, is symmetrical as opposed to oak's wavy patterns. Rubberwood's color is similar to teak, but much lighter.
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Return: 1.00%Break even: N/A
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Children Knitwear (T-Shirt)

Global Knitwear market is anticipated to reach USD 699 Billion, growing at an impressive CAGR of over 5% during the forecast period, due to the increasing adoption of e-commerce sites and expanding fashion industry. Moreover, rising awareness about health and increased participation in activities, such as running and yoga, are elevating the demand for active wear. Based on the product type, the market has been segmented into Innerwear, T-Shirts & Shirts, Sweaters & Jackets, Sweatshirts & Hoodies, Shorts & Trousers, Evening Dresses, Suits, & Leggings and Accessories. In 2017, t shirts, shirts and innerwear acquired more than 40% share which is anticipated to increase in the future. The global children wear market is foretold to gain momentum in growth due to the rising demand for high-quality products amid increasing safety concerns. With increase in disposable income, especially in developing economies, the growth of the global children wear market could see a rise in the coming years. Increasing interest in buying new clothes for kids could bode well for the global children wear market. Social media is expected to significantly push the global children wear market in terms of demand.
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Return: 1.00%Break even: N/A
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Artificial Flowers (Paper & Cloth)

Artificial flowers are imitations of natural flowering plants used for commercial or residential decoration. They are sometimes made for scientific purposes (the collection of glass flowers at Harvard University, Materials used in their manufacture have included painted linen and shavings of stained horn in ancient Egypt, gold and silver in ancient Rome, rice-paper in China, silkworm cocoons in Italy, colored feathers in South America, and wax and tinted shells. Modern techniques involve carved or formed soap, nylon netting stretched over wire frames, ground clay, and mass-produced injection plastic mouldings. Flowers that are not available naturally, but made artificially from various materials are known as Artificial Flowers. In other words, Artificial Flowers are imitations of natural flowers. Silk Flowers, Soap Flowers, Paper Flowers, Clay Flowers, Plastic Flowers, Porcelain Flowers and Leather Flowers are some examples of artificial flowers. The artificial flowers are the replica of the natural flowers which are used in decoration. Artificial flowers are used for both residential and commercial decoration purposes. Artificial flowers with stems are generally used in homes in pots or vases, as a substitute for real flowers and plants.
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Return: 1.00%Break even: N/A
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Steel Wool

Steel wool, also known as iron wool, wire wool, steel wire or wire sponge, is a bundle of very fine and flexible sharp-edged steel filaments. It was described as a new product. It is used as an abrasive in finishing and repair work for polishing wood or metal objects, cleaning household cookware, cleaning windows, and sanding surfaces. Steel wool is most often used in refinishing furniture and sometimes in the kitchen (in the form of the popular Brillo pad,) but those are by no means its only uses! Steel wool is an inexpensive and effective workhorse inside and outside of home. Steel wool is the name given to fine metal wire that are bundled together to form a cluster of abrasive, sharp-edged metal strips. The metal strips are massed together in a sheet, folded, and turned into pads that are easily held in the hand. These steel wool pads are used for a variety of purposes, but primarily as an abrasive material, sometimes replacing sandpaper. Steel wool may be best known to consumers as the pink-colored abrasive pads that have soap added so that they may be used to scrub pots and pans.
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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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