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

Sikkim is an Indian state situated in the Himalayas and is known to be landlocked. It is the least populous state in the country and the second smallest in area after Goa. In the past few years, the Sikkim Government has tried its level best to promote tourism in the state and has been successful in its task as well. The world's third highest mountain, Mt. Kanchenjunga, dominates this tiny Himalayan State with its beauty and majesty. The State is one of the 18 biodiversity hotspots in the world. It includes nearly one third of the total species of angiosperm found in the country; around 4,000 species of flowering plants; 300 species of ferns and allies; 144 species of mammals; 500 to 600 species of birds and so on. Rare Blue Sheep, Tibetan Mastiff, Yaks and Red Pandas are also found here. Such natural beauty along with ideal climatic condition of the State augurs well for the tourism industry. The green image of the State has made it an attractive investment destination.

It is a popular tourist destination owing to its culture, scenery and biodiversity. Kanchenjunga the world’s 3rd highest peak is the state’s highest point. The state’s economy is largely agrarian based on the terraced farming of rice, it also produces more cardamom than any other Indian state and is home to the largest cultivated area of cardamom. It lacks a large scale industrial base, brewing, distilling, tanning and watch making are the main industries. Noodle based dishes such as thukpa and chowmein are common, it is also the 3rd highest per capita alcoholism rate amongst all Indian states.

In Sikkim, agriculture is the main occupation of the inhabitants. Agriculture in Sikkim seems to be the basis of the socio-cultural pattern of the territory.

Sikkim is blessed by a fertile land that largely supports agriculture. The topography and the climatic condition of Sikkim is favorable for agriculture at Sikkim. Therefore, Sikkim witnesses a high yield every year. Among the chief crops grown in Sikkim are:

Wheat

Paddy

Maize

Barley

Buck wheat

Cardamom

Potatoes

Tea, etc.

It is noteworthy that Sikkim produces the highest amount of Cardamom in India. Sikkim is also known for housing the largest area of Cardamom field within the territory. Cardamom is among the two cash crops of Sikkim, besides potato. Sikkim is known for producing a special variety of tea that is known for its taste and quality throughout the world. One might come across a number of tea estates in Sikkim that form an integral part of Sikkim agriculture.

The important mineral resources of the state are copper-lead-zinc and silver reported in Bhotang, Rangpo and Dikchu in East Sikkim district. Occurrences of other minerals like dolomite, quartzite and steatite are reported in West Sikkim district. Limestone in North Sikkim district and Marble in East Sikkim and North Sikkim districts.

·         Bamboo and Cane Craft are deep rooted in traditional culture of the state.

·         Producer of Carpets of varied designs and high quality.

·         Handloom Products are famous for their beauty and intricate design.

·         Apparel and Garment making Unit at Barfok.

·         Carpet weaving at Makha.

·         Candle making at Namchi.

The above mentioned points proves that Northeast India has the potential to produce the country’s finest silk products, the same of which can be exported outside the country, elevating the economic standard and status of the Northeastern states besides putting Northeast in the cultural map of the world.

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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Starch and Allied Products from Maize With Co-Generation Plant - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Maize is one of the best cereals after paddy and wheat. It is largely cultivated in the north and west India, though there is cultivation of Maize in the eastern and southern regions. Lot of commercial products manufactured from Maize which are used as the preparation of food based products or directly used for preparation of food, in the paper and many chemical industries.It is also used in textile and pharmaceutical industries. It has been observed that both starch and liquid glucose have good growth prospects in the years to come. There is very good scope for new entrants in the field of manufacturing of starch and allied products from Maize.
Plant capacity: 150 MT/DayPlant & machinery: Rs. 1305 Lacs
Working capital: Rs. 886 LacsT.C.I: Rs. 3200 Lacs
Return: 40.00%Break even: 21.90%
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Candle Making Unit - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Since long people used to burn cotton in mud cups filled with oil. But candle manufacture started during World War-II. The candle is being used in every village and city in India. Moreover, in village where electricity is not available, candle is largely used in the darks. Candles play great importance and are used largely on festivals like Dipawali and X-Mas. Candles are manufactured of varying size, design and colours and there is no universal size for it. Due to very less capital investment and good profit and also due to high sale of candles, scope of candle industry in very good. These candles are generally manufactured on small scale. It also has a good export market.
Plant capacity: 500 Kgs/DayPlant & machinery: Rs. 9 Lakhs
Working capital: Rs. 24.0 LakhsT.C.I: Rs. 42 Lakhs
Return: 58.35%Break even: 37.41%
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Enameled Copper Wire - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Enameled wire is an insulated wire used in winding of armatures in transformers, switch gears and other electrical equipments. When connected to the main supply a magnetic field is developed around the enameled wire coil and it helps to the conversion of electrical energy into mechanical energy as case of motors. With the industrial development and power generation its demand is growing very fast. At present the finer gauges are being imported therefore there is scope for import substitute as well as for export to USA, Australia, Europe and far East. The demand of enameled copper wires is increasing tremendously due to its large consumption of end users industries. You can invest in this project.
Plant capacity: 500 Kgs/DayPlant & machinery: Rs. 22 Lakhs
Working capital: Rs. 52.0 LakhsT.C.I: Rs. 114 Lakhs
Return: 37.43%Break even: 46.95%
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Handicraft (Cane & Bamboo) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Indian handicrafts are known the world over for their rich variety, grace, elegance and skilled craftsmanship. Cane and bamboo is largely available in India. Various types of articles like chairs, flowers, stools, and number of other items can be made from cane and bamboos. For manufacturing cane and bamboo articles main requirement is skilled workers and very small machineries by which product can be formed by using other materials. This has very good export and domestic demand. Thus project is good mainly for those who are able to go for export.
Plant capacity: 165 Items/DayPlant & machinery: Rs. 2 Lakhs
Working capital: Rs. 11 LakhsT.C.I: Rs. 26 Lakhs
Return: 49.18%Break even: 53.64%
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Handicraft (Cane & Bamboo) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Indian handicrafts are known the world over for their rich variety, grace, elegance and skilled craftsmanship. Cane and bamboo is largely available in India. Various types of articles like chairs, flowers, stools, and number of other items can be made from cane and bamboos. For manufacturing cane and bamboo articles main requirement is skilled workers and very small machineries by which product can be formed by using other materials. This has very good export and domestic demand. Thus project is good mainly for those who are able to go for export.
Plant capacity: 165 Items/DayPlant & machinery: Rs. 2 Lakhs
Working capital: Rs. 11 LakhsT.C.I: Rs. 26.00 Lakhs
Return: 49.18%Break even: 53.64%
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Paper from Waste Paper, Bamboo Chips, Rice Husk & Wheat Husk - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Paper being one of the basic needs of life, it occupies an important position in the world. Paper made from rice and wheat husk is widely used for manufacture of corrugated board. It is used for packing and wrapping and in the manufacture of gummed paper tap. It is also used in wrapping of magazines and journals. There are many end-uses for paper like paper and paper board, newsprint and chemical pulp (used in rayon etc). Bamboo is widely used for paper manufacturing, as it is similar to straw in micro social characteristics and conditions for digestion. Waste paper collected from office buildings, large retail outlets, apartment buildings is pulped and pulverized in water. About 80 % of available waste paper pulp is used in the manufacture of paper boards. Small-scale units depend entirely on waste paper as raw material. It has very good potential for an entrepreneur.
Plant capacity: 150 MT /DayPlant & machinery: Rs. 340 Lakhs
Working capital: Rs. 1600 LakhsT.C.I: Rs. 2499 Lakhs
Return: 81.74%Break even: 35.60%
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Mosquito Repellent Candles - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Mosquito repellent candles repel mosquitoes even without being alighted. The mosquitoes, owes to their prominence as a disease carrying pests. Repellents are materials that affect insects and other organism and disrupt their natural behaviour. Disease bearing mosquitoes that are day or night biters include aedes Species that often transmit viruses to humans. The diseases include yellow fever, dengue hemorrhagic fever, and many forms of encephalitis. Other insect species that bite humans & are vectors of diseases including biting midges, black flies sand flies. Mosquito repellent candles are used to repel the mosquitoes, even without being alighted. They are extensively used in restaurants, hotels, office homes etc. for driving away the mosquitoes & keeping mosquito free environment.
Plant capacity: 500 Kg./DayPlant & machinery: Rs. 3 Lakhs
Working capital: Rs. 35 LakhsT.C.I: Rs. 39 Lakhs
Return: 58.00%Break even: 32.00%
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Black Braided Silk Surgical Suture - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Plant Layout

There are so many fibers available which has property of non absorbing among those fibers are nylon, Terelene, Polyester etc. are synthetic fiber and silk is one of the natural fibres which has no side effect on the body and costly items. Black braided silk surgical Suture is used in the hospital, Nursing homes for especial purpose in the surgical ward. There is good market demand. There is export demand of black braided silk Suture. Any new entrepreneur may make its own market by his own credit.
Plant capacity: 3000 Mtrs./DayPlant & machinery: Rs. 9.00 Lacs
Working capital: Rs. 41 LacsT.C.I: Rs. 70 Lacs
Return: 72.31%Break even: 30.99%
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Maize Cultivation & Its Products - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost & Revenue

Amongst cereal crops of India, Maize ranks fifth in area and third in production and productivity. During last year 11.2 million tons grain production was realized in an area of 6.2 million hectare more or less constant in the last one decade. Production increased from less than 6.0 million tonnes to more than 11.2 million tonne during this decade. The yield increases ranged from two times in less productive states like Rajasthan, Uttar Pradesh, Madhya Pradesh and Gujarat to 3-5 times in high productivity states such as Punjab, Himachal Pradesh, Bihar, Andhra Pradesh and Karnataka. In India, Maize cultivated area expanded at an average annual growth rate of 2.9 percent resulting in about 6 million hectare at present. There is good scope for new investment in this field. Any entrepreneur can invest in this project.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Candle Making Plant

Candles of different sizes, colour and designs can be manufactured for higher sales. Candles play great importance and are used mainly on festivals like Deepawali and Christmas. Candles in huge amount are sold mainly in festival for illumination purposes. People use candles of different design and shapes as decoration pieces. There are also widely used in villages where people face shortage of electricity. Artistic candles find use in big hotels restaurants, clubs, churches and Bungalows inspite of their high cost. These days candles are being manufactured in different designs, colours, in good quality, so the market of candles has increased due to variety of candles to fulfill consumers demand. On a small scale basis candle making can give a good profit.
Plant capacity: 500 kgs/DayPlant & machinery: Rs. 9 Lakhs
Working capital: Rs. 24.0 LakhsT.C.I: Rs. 42 Lakhs
Return: 58.35%Break even: 37.41%
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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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