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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.

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F.H.P Motors

A fractional-horsepower motor (FHP) is an electric motor with a rated output power of 746.9 or 746 Watts or less. There is no defined minimum output, however, it is generally accepted that a motor with a frame size of less than 35mm square can be referred to as a 'micro-motor'. Fractional Horsepower Alternating Current (FHP AC) motors electric motors that operate on AC current and deliver only a fractional horsepower. For a general electric motor to be classified as a FHP motor its power output should not exceed 746 watts. The FHP motor finds its application in numerous appliances, equipment, and machineries in various end-user industries. The factors that drive the growth of the global FHP AC motors market include increase in demand for application specific energy efficient AC motors and rise in requirement of production and electronics industry. Moreover, the surge in need for electric motors in the HVAC application is also expected to fuel the adoption of FHP AC motors in the coming years. However, the initial high cost of electric motors is anticipated to hinder the growth of the market during the forecast period. The global FHP AC motors market is segmented on the basis of by type, application, and geography. By type, the market is divided into split phase motors, shaded pole motor, and reluctance motor. By application, the market is classified into domestic appliance, farm equipment, medical & healthcare, industrial equipment, construction equipment, and others. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Key players profiled in the report include Amtek, Brogwarner Inc., Bosch Group GmbH, Denso Corporation, General Electric, Johnson Electric, Regal Beloit Corporation, Rockwell Automation, Inc., Siemens AG, and Toshiba Industrial Corporation.
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Antiseptic Lotion (Dettol Type)

Antiseptic is the chemical substances that are used to kill the pathogenic microorganism in or on the surface tissue. Antiseptics mainly act by dissolving cell membranes, protein denaturation and cause dehydration of the cells due to evaporation. For example, chloroxylenol is a chlorinated phenolic antiseptic mostly active against gram-positive bacteria and used in lubricating cream for vaginal examination; used on obstetrical forceps etc. In the end-user segment, institutional segment dominates the global antiseptic and disinfectant market. Globally, approximately more than 50% of the antiseptic and disinfectant market has been captured by institutional end-user segment. This growth is mainly attributed due to the presence of a large number of hospitals coupled with an increase in the number of medical professionals across the globe. Hospitals and healthcare segment is expected to experience significant growth within the forecast period due to the outbreak of infectious diseases such as swine flu and avian flu which has triggered the use of antiseptics and disinfectants products market in developing countries. Domestic use of antiseptics and disinfectant is also expected to experience significant growth due to increasing public awareness regarding the potential dangers of microbial infection infections. North America is expected to witness moderate growth within the forecast period owing to the saturation of red meat market in U.S and Mexico on antiseptic and disinfectant. This is expected to have an adverse impact on the antiseptic and disinfectant market over the years. However, the demand for antiseptic and disinfectant has been increasing in the past few years owing to the rising awareness of nutritional benefits of antiseptic and disinfectant. Major companies in the U.S. are expanding their vegetable production capacities to cope up with the growing demand for foreign imports in the US market. This is expected to fuel the market growth of antiseptic and disinfectant market. In addition, high literacy rate coupled with the increasing number of health care center and business center are likely to contribute to the growth of antiseptic and disinfectant market.
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Flush Doors

A flush door has a basic structure composed of solid blockboard core, vertical stiles, and horizontal rails that create a pre-fixed frame. The blockboard is composed of wooden strips that are placed edge-to-edge and sandwiched between veneers, then bonded under high pressure and temperature using a synthetic resin. So in a simpler term, it is a door that is made of a timber frame covered with ply from both the sides and then the hollow part inside is filled with rectangular blocks of soft wood. Then a decorative finish is given by fixing veneer on the top. A flush door is so called because it has an entirely smooth surface. If water were to be splashed on its surface, it would simply flow off its surface without accumulating. The door is the important element of the house after the roof and window. It provides safety and privacy to the occupant of the house. The door comes in the variety of style, design and patterns. There are different types of doors available in the market i.e. panel door, flush door, revolving door, glass door, etc. Among them, the flush door is one of the most popular doors used in the house. The doors market is estimated to be valued at USD 81.67 Billion in 2017 and is projected to reach USD 103.52 Billion by 2022, at a CAGR of 4.86% from 2017. The base year considered for the study is 2016 and the forecast period is from 2017 to 2022.
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Flush Door, Chip Board, Hard Board, Insulating Board

Flush Door A flush door has a basic structure composed of solid blockboard core, vertical stiles, and horizontal rails that create a pre-fixed frame. The blockboard is composed of wooden strips that are placed edge-to-edge and sandwiched between veneers, then bonded under high pressure and temperature using a synthetic resin. So in a simpler term, it is a door that is made of a timber frame covered with ply from both the sides and then the hollow part inside is filled with rectangular blocks of soft wood. Then a decorative finish is given by fixing veneer on the top. A flush door is so called because it has an entirely smooth surface. If water were to be splashed on its surface, it would simply flow off its surface without accumulating. Chip Board Particle board – also known as particleboard, low-density fibreboard (LDF), and chipboard – is an engineered wood product manufactured from wood chips, sawmill shavings, or even sawdust, and a synthetic resin or other suitable binder, which is pressed and extruded. Oriented strand board, also known as flakeboard, waferboard, or chipboard, is similar but uses machined wood flakes offering more strength. All of these are composite materials that belong to the spectrum of fiberboard products. Chipboard can also be used as a scrapbooking embellishment. High-grade chipboard can also be used to create lightweight furniture like tables, stools, benches and bookcases. This type of chipboard is covered in a veneer or laminates to make furniture, which can be less expensive than solid wood. Chipboard, is made from wood chips, sawmill shavings, sawdust, and synthetic resin or other suitable binder, which is pressed and extruded. The factors which have contributed in influencing the market demand are its affordability, ease in installation, and high density and uniformity. In spite of its density, particle board is the lightest type of fibreboard and is less strong than even medium-density fibreboard. Hardboard Hardboard, also called high-density fiberboard, is a type of fiberboard, which is an engineered wood product. It is similar to particle board and medium-density fiberboard, but is denser and much stronger and harder because it is made out of exploded wood fibers that have been highly compressed. Hardboard is a composite wood product used in construction and woodworking. It is typically sold in 4' by 8' (1.2 to 2.4 m) sheets, and can range from 1/4" to 1" (6.35 to 25.4 mm) in thickness. While it is similar in appearance to plywood or particleboard, hardboard is actually constructed quite differently from these products. It is made from fine wood fibers that are compacted under high levels of heat and pressure to form a very dense, hard wooden sheet. Due to the extreme heat and pressure levels, there is usually no need to use adhesives or binding agents to hold the wood fibers together. Insulating Board Insulating board: a board with insulating properties especially : a structural or finish material that consists of sheets of lightly compressed vegetable pulp variously finished and is used especially for its thermal insulating effect resulting from great numbers of minute included air spaces. The global market for thermal insulation is benefitting from government-backed environmental regulations for conservation of energy in buildings. In particular, governments in cold countries are actively promoting zero energy loss buildings that can be attained by means of reliable thermal insulation materials. As per the analysis revealed by the institute for Energy Diversification and Saving (IDEA), thermal insulation improvements can account for up to 30% drop in heat and air conditioning consumption to translate into energy and money savings and reduction in CO2 emissions as well.
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Bulk Drugs

A bulk drug also called active pharmaceutical ingredient (API) is the chemical molecule in a pharmaceutical product (medicines we buy from the chemist) that lends the product the claimed therapeutic effect. In other words, it is the substance responsible for the product being a medicine, penicillin to give one example. As is evident from this, there are ingredients other than the API in products sold as medicines. After years of sluggish growth, Indian bulk drug (API, Active Pharmaceutical Ingredients) industry is expected to recover in 2018-19, driven by solid demand from the formulation industry and strong growth in direct exports on the back of low intermediate chemical prices supported by low crude oil prices. The country’s bulk drug market is 3rd largest in the world in terms of volume and 13th largest in terms of value. India’s bulk drug production has seen a stable growth in the last couple of years in the generic sector and is expected to grow at a healthy CAGR of 7.5% in the forecast period 2017-2022. The global Active Pharmaceutical Ingredient (API) market size was valued at USD 134.2 billion in the year 2015 and is estimated to reach a value of USD 239.8 billion by 2025, growing with CAGR of 6.0 %. The market growth can be linked to the rising prevalence of chronic diseases such as cancer, neurological diseases, and cardiovascular diseases. Increasing demand for rapid-acting & efficient drugs and introduction of innovative drug manufacturing facilities are other key drivers estimated to fuel growth of this market over the forecast period.
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Glass Marble

Marbles are small balls of colored or decorated glass which are either intended for playing the ancient game of marbles or as collector's items. They can be mass produced or hand-made. One ancient method of making colored marbles was to put a mixture of sand and charcoal into an iron mould shaped like a marble and place small pieces from glass canes into this mixture, then heat and rotate the mould to melt and fuse all the edges. Marbles are small, round, spherical objects made from glass or stone and most commonly used in children's games. They are usually less than an inch (2.54 cm) in diameter and often brightly colored or otherwise decorated.
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Synthetic Red Iron Oxide Manufacturing Business

Synthetic Red Iron Oxide Manufacturing Business. Production of Iron Oxide Pigments. Synthetic Iron Oxide Factory Synthetic red iron oxide is the most common colorant in ceramics and has the highest amount of iron. It is available commercially as a soft and very fine powder made by grinding ore material or heat processing ferrous/ferric sulphate or ferric hydroxide. During firing all irons normally decompose and produce similar colors in glazes and clay bodies (although they have differing amounts of Fe metal per gram of powder). Red iron oxide is available in many different shades from a bright light red at a deep red maroon, these are normally designated by a scale from about 120-180 (this number designation should be on the bags from the manufacturer, darker colors are higher numbers), however in ceramics these different grades should all fire to a similar temperature since they have the same amount iron. The different raw colors are a product of the degree of grinding. Synthetic Iron Oxides have become increasingly important due to their pure hue, consistent properties, and tinting strength. Single-component forms are mainly produced with red, yellow, orange and black colours. Their composition corresponds to that of minerals hematite, goethite, lepidocrocite, and magnetite. Brown pigments usually consist of mixtures of red and/or yellow and/or black iron oxides. Uses of Synthetic Iron Oxide Pigments These pigments are used in wood and paper stains, linoleum, oilcloth, paints, mortar, plaster, bricks, rubber and for other pigment able substances. The range of applications of synthetic Iron Oxide Pigments is longer than the Natural Iron Oxide Pigments. Synthetic Iron Oxide are used in the following types of industry: • Cement industry, to Colour every kind of cement, mortar, grout, pavements, tiles, blocks, etc. • Paintings: primer, waterproof, enamels, decoration painting, coverings, etc. • Plastics: master batch, PVC, etc. • Paper industry: carton, mouthpiece for cigarettes, etc. • Glass industry, abrasives, food for animals, cosmetics, skins rubber, asphalt, etc. Market Outlook Today, there is a lot of varieties of Synthetic Iron Oxide Pigments are available in the market. These synthetic pigments are found in different colors, having superior uniformity, excellent quality and high purity. But, in reality, the Natural Iron Oxide Dyes are preferred over their counterparts. This is because of theirs ample availability and low cost of extraction. Iron oxide pigments improve the physical and mechanical properties of substrates. They offer properties such as good color strength, heat & light stability, opacity, weather & chemical resistance, and durability to substrates. Iron oxide pigments provides colors to varieties of end user applications and are employed in numerous industries around the globe to provide permanent and stable coloring effects to the substrates. Pigments are also known as colorants, which are insoluble products that can be employed to impart colors to construction materials, paints, inks, plastics, papers, cosmetics, rubbers, concrete blocks, tiles, etc. Pigment molecules contain electrons that can occupy different energy levels when exposed to light. Pigments possess the ability to reflect or absorb light of specific wavelengths. This results in the appearance of colors. Iron oxide pigments can be sub-divided into synthetic and natural iron oxide pigments. Synthetic iron oxide pigments are made from petrochemicals and waste metal ore slurry. Synthetic iron oxide pigments are cheap as compared to organic iron oxide pigments owing to low cost of raw material as well as synthetic iron oxide pigments have good dispersibility, high tinting strength, UV stability, excellent color intensity, and non-toxic properties. Natural iron oxide pigments are costly as compared with its synthetic counterpart owing to high cost of raw material. Natural iron oxide pigments are more durable and have excellent tinting strength as compared with synthetic pigments. Most of the natural iron oxide pigments are employed in paints & coatings and other automotive applications. Consumption of synthetic iron oxide pigments is much higher as compared with natural iron oxide pigments owing to low cost and high flexibility in varieties of applications in concretes, mortar, render, paving stones, tiles, laminate flooring, cosmetics, rubber, corrosion paints, industrial paints, architectural paints, and plastic materials. Growing construction activities, recovering economy in developed countries, and expanding infrastructure programs in combination with growing urbanization in developing economies, are the prime factors responsible for the growing consumption of iron oxide pigments around the globe. Iron oxide pigments can be sub-divided into synthetic and natural iron oxide pigments. Synthetic iron oxide pigments are made from petrochemicals and waste metal ore slurry. Synthetic iron oxide pigments are cheap as compared to organic iron oxide pigments owing to low cost of raw material as well as synthetic iron oxide pigments have good dispersibility, high tinting strength, UV stability, excellent color intensity, and non-toxic properties. Natural iron oxide pigments are costly as compared with its synthetic counterpart owing to high cost of raw material. Natural iron oxide pigments are more durable and have excellent tinting strength as compared with synthetic pigments. Red color iron oxide pigments are consumed in majority followed by yellow and black pigments. These are the basic color pigments and are used in combinations to produce other colors. The most commonly used methods of manufacturing iron oxide pigments includes the Laux process. Growing construction industry in Asia Pacific and the Middle East are anticipated to drive market growth over the next eight years. Favorable government regulations regarding environmentally friendly products coupled with technological advancements are expected to have a positive impact on market growth. Iron oxide pigments in Asia Pacific shows huge growth potential due to the rising expectation of consumers. Moreover, demand for blend iron ore pigments is increasing at a higher rate globally. Construction is the largest end-use Industry. The improving economic conditions are driving the construction industry, which in turn is fueling the growth of iron oxide pigments market. Asia Pacific and Europe are the key market which together contribute more than half of the iron oxide pigments market. Among end users, the coatings segment is expected to grow at the highest CAGR during the forecast period. High demand of iron oxide pigments across varied applications, such as interior and exterior coatings, industrial coatings, protective coatings, wood coatings, automotive coatings, architectural coatings, and appliances coating, is expected to drive the consumption of iron oxide pigments in this segment. Few Indian Major Players are as under: • Coltech Chemicals (India) Ltd. • Heubach Toyo Colour Pvt. Ltd. • Lona Industries Ltd. • Mallak Oilchem Pvt. Ltd. • Anirox Pigments Ltd. • Aquathane Chemicals Pvt. Ltd. • Asahi Songwon Colors Ltd. Tags Synthetic Red Iron Oxide, Iron Oxide Pigments, Synthetic Iron Oxide, Preparation of Red Iron Oxide, Production of an Iron Oxide Pigment, Making of Iron Oxide Pigment, Synthetic Iron Oxide Production Process, Synthetic Iron Oxide Uses, Iron Oxide Pigment Manufacturing Process, Synthetic Iron Oxide Pigments Manufacture, Manufacturing of Iron Oxide, Iron Oxide Pigments Manufacturing Process, Manufacturing of Synthetic Red Iron Oxide Pigments, Iron Oxide Synthetic, Synthetic Iron Oxide Production Process, Manufacturing Industry for Synthetic Iron Oxide, Synthetic Iron Oxide Manufacture, Synthetic Iron Oxide Manufacturing, Iron Oxide Factory, Iron Oxides Manufacture, Preparation of Iron Oxide, Synthetic Iron Oxide Production Process PPT, Red Iron Oxide Manufacture, Synthetic Iron Oxide Manufacture in India, Iron Oxide Pigments Manufacturing Process, Project Report on Synthetic Red Iron Oxide manufacturing Industry, Detailed Project Report on Synthetic Iron Oxide Production, Project Report on Synthetic Iron Oxide Production, Pre-Investment Feasibility Study on Synthetic Red Iron Oxide manufacturing, Techno-Economic feasibility study on Synthetic Iron Oxide Production, Feasibility report on Synthetic Red Iron Oxide manufacturing, Free Project Profile on Synthetic Iron Oxide Production, Project profile on Synthetic Red Iron Oxide manufacturing, Download free project profile on Iron Oxide Production
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Automobile Parts

The Indian auto-components industry has experienced healthy growth over the last few years. Some of the factors attributable to this include: a buoyant end-user market, improved consumer sentiment and return of adequate liquidity in the financial system. The auto-component industry of India has expanded by 14.3 per cent because of strong growth in the after-market sales to reach at a level of Rs 2.92 lakh crore (US$ 43.55 billion) in FY 2016-17. The industry is further expected to grow to US$ 47-49 billion in FY18. The auto-components industry accounts for 2.3 per cent of India’s Gross Domestic Product (GDP) and employs as many as 1.5 million people directly and indirectly each. A stable government framework, increased purchasing power, large domestic market, and an ever increasing development in infrastructure have made India a favourable destination for investment. The Indian auto-components industry can be broadly classified into the organised and unorganised sectors. The organised sector caters to the Original Equipment Manufacturers (OEMs) and consists of high-value precision instruments while the unorganised sector comprises low-valued products and caters mostly to the aftermarket category. The total value of India’s automotive exports stood at Rs 73,128 crore (US$ 10.9 billion) in 2016-17 as compared Rs 70,916 crore ($10.8 billion) in the year 2015-16. This has been driven by strong growth in the domestic market and increasing globalisation (including exports) of several Indian suppliers. Auto-component exports from India are expected to grow 7-9 per cent in FY18, backed by stronger global growth and higher exports to emerging nations. Growth is further expected to accelerate to 8-10 per cent in FY19 due to pick up in global scenario.
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Battery for Auto Vehicles

An automotive battery is a rechargeable battery that supplies electrical current to a motor vehicle. Its main purpose is to feed the starter, which starts the engine. Once the engine is running, power for the car's electrical systems is supplied by the alternator. The market demand for these battery is huge as more and more vehicles are being developed daily and more electric vehicles are increasingly being used. As the automotive technology has advanced, automobiles consist of a large number of functions these days. These functions have increased exponentially during the past few years, as a result of the intense competition amongst the vehicle manufacturers. Features, like state-of-the-art gadgets and lighting, car infotainment systems, etc. have trickled down even into the entry-level automobiles. These new attributes have put immense pressure on car batteries, which have to take on higher loads. The new fuel-saving technologies, like micro-hybrid systems are also leading to higher battery usage. Features in commercial and passenger vehicles are set to increase exponentially during the forecast period, which is anticipated be a major driver for the automotive battery market. The Global demand for automotive batteries is forecast to rise 13% per year to $54.1 billion in 2022, expanding to 38% of total sales. Rising manufacturing and use of motor vehicles worldwide will spur sales growth. The HEV segment will more than quadruple in size as these vehicles increasingly penetrate global markets. Electric vehicles, which use more expensive batteries than hybrids, will post particularly strong growth, boosting overall market value. While falling prices for lithium-ion batteries (on a kWh basis) will be a major contributor to growth for HEVs, a shift toward batteries with higher capacities will boost prices on a unit basis and contribute to the expanding market size.
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Departmental Store

A departmental store is a large retail trading organization. It has several departments, which are classified and organized accordingly. Departments are made as per different types of goods to be sold. For example, individual departments are established for selling packed food goods, groceries, garments, stationery, cutlery, cosmetics, medicines, computes, sports, furniture, etc., so that consumers can purchase all basic household requirements under one roof. It provides them maximum shopping convenience and therefore, also called as 'Universal Providers' or 'one spot shopping'. Today, departments often include the following: clothing, furniture, home appliances, toys, cosmetics, house ware, gardening, toiletries, sporting goods, paint, and hardware. Additionally, other lines of products such as food, books, jewelry, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store, although some stores include sales counters within each department. Some stores are one of many within a larger retail chain, while others are independent retailers. The Department Stores industry comprises retailers that sell a wide range of merchandise, including apparel, footwear, home goods, appliances, toys and sporting equipment. While big-box retailers, such as Wal-Mart and Target, have historically dominated the industry, many have expanded their product offerings in recent years to include groceries. This one-stop-shop format has boosted revenue for these companies; however, general merchandise stores that offer groceries are included in the Warehouse Clubs and Supercenters industry which effectively removes them from the Department Stores industry.
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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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