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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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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.

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Modified Potato Starch - 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

Potato starch is essential as a universal binding and food thickening agent. Leveraging on over expertise in potato starch production, we began producing modified potato starch that is specially customized for various applications in food, textile and paper manufacturing industries. It is estimated that about 5 million tons of starch are currently used by the world paper industry that is about 1.5% starch by weight including all grades of paper and paperboard. Modified starch opportunities in Asia is expected to grow at a faster rate than paper production growth due to improvement in paper quality and utilization of higher than used amounts of recycled fibres, agricultural fibres and mineral fillers.
Plant capacity: 167 MT / DayPlant & machinery: 463 Lakhs
Working capital: -T.C.I: 3843 Lakhs
Return: 51.00%Break even: 27.00%
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Lead Acid Maintenance Free Battery - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

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Plant capacity: 834 Nos./dayPlant & machinery: Rs. 66 Lakhs
Working capital: -T.C.I: Rs. 1179 Lakhs
Return: 52.00%Break even: 30.00%
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Wheat Starch And Wheat Gluten - 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

Wheat starch is produced from wheat species such as Triticum aestivum, which is also known as bread wheat. Starch is one of the main carbohydrate in wheat which comprises of around 60-75% of grain and around 70-80% of flour. Wheat gluten is a food made from gluten, the main protein of wheat. It is made by washing wheat flour dough with water until all the starch granules have been removed, leaving the sticky insoluble gluten as an elastic mass which is then cooked before being eaten. The wheat Starch market is expected to exceed US$ 4 Billion by 2024. Today, starch has become one of the significant agro-based industrial commodities due to its wide range application in various industries. Though the extraction of starch from wheat is complex, which includes multiple steps such as steeping, degerminating, by-products recovery and so on, due to its rising demand, the wheat starch market is witnessing a significant growth. With the continuous demand from various industries which include food, pharma, chemicals, corrugating, paints and so on; the wheat starch market is thriving to touch the glory year on year. The global wheat starch market is segmented on the basis of type, grade, end user, application, and region. The global wheat starch market is segmented on the basis of type which includes native wheat starch and modified wheat starch. The global wheat starch market is segmented on the basis of grade which includes food grade, feed grade, and industrial grade. The global wheat starch market is segmented on the basis of application in which wheat starch is used as in various application such as animal feed, drug formulations, paper-based products, textiles, and others. Wheat starch works as an emulsifier, and stabilizer for various end use industries. In food & beverage industry, wheat starch is used as a thickening agent for various food products. The global wheat starch market is segmented on the basis of end user such as animal feed, paper industries, and food & beverage industry, textile industries, cosmetic industries and others. Hence, the global wheat starch market is expected to increase significant growth over the forecast period. The rise in health-consciousness among consumers coupled with their inclination towards organic foods for improved health has induced the demand for ingredients rich in nutritional value. Wheat gluten possesses properties similar to dietary fiber and aids those struggling with constipation or irregular digestion. It is a viable alternative to soy-based foods and meats. It also goes by the name of seitan in Asian cultures. The global wheat gluten market is projected to experience massive growth at an 8.18% CAGR during the assessment period (2017-2023). Key applications of wheat gluten include animal feed, supplements, bakery & confectionery, and others. The bakery and confectionery segment is expected to dominate the market in the coming years, followed by the supplements segment. Preference for ready-to-eat foods is the major factor driving the growth of the segment.
Plant capacity: 1.0 Ton/Day (Gluten), 16.66 MT Wheat Starch /DayPlant & machinery: Rs. 100 Lakhs
Working capital: -T.C.I: Rs. 350 Lakhs
Return: 24.00%Break even: 58.00%
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THREE STAR HOTEL - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

India offers myriad exciting experiences to tourists. The country boasts of the world's highest mountains, miles of coastline with excellent beaches, tropical forests and wildlife, lagoon backwaters, ancient monuments and World Heritage sites, forts and palaces, and of course, the Taj Mahal. The Indian tourism and hospitality industry has thus emerged as one of the key sectors driving the country's growth and is thriving, owing to a huge surge in both business and leisure travel by foreign and domestic tourists. India have supply of 110,000 rooms. According to the tourism ministry, 4.4 million tourists visited India last year and at current trend, demand will soar to 10 million in 2010 – to accommodate 350 million domestic travelers. India has a shortage of 150,000 rooms fueling hotel room rates across India. According to the World Travel and Trade Council, demand in tourism in India will continue to grow at a rapid pace. It estimates the demand to grow at an average of 8.8 per cent between 2004 and 2013, making India the world's third fastest-growing tourist market. The boom in the Indian tourism industry has percolated to the rural areas as well. India continues to attract tourists owing to its splendid historical architecture and rich culture along with beautiful beaches and rural tourism. With India being on the global tourist map and an increasing number of people coming to India for tourism or business, Indian hotel industry is looking at expansion in a major way.
Plant capacity: Single Room - 30 Nos. Double Room - 40 Nos. Suites - 10 Nos. Banquet Hall - 1 Number Plant & machinery: 327 Lakhs
Working capital: -T.C.I: 1500 Lakhs
Return: 48.00%Break even: 37.00%
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Bamboo Furniture - 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, Plant Layout

The bamboos are a group of woody perennial evergreen (except for certain temperate species) plants in the true grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae. Some are giant bamboos, the largest members of the grass family. Bamboos are the fastest growing woody plants in the world. Their growth rate (up to 60 centimeters (24 in.)/day) is due to a unique rhizome-dependent system, but is highly dependent on local soil and climate conditions. Bamboo is a versatile, strong renewable and environment friendly material, gramineae and the fastest growing woody plant on earth. This grass helps clean the environment and bamboo is widely used in landscape and garden. People use bamboo for making furniture, paper, construction material and eating utensils. The bamboo is used in the following items¬–Table, Chair, Stool, Long Chair, Sofa Set, Mats. Bamboo Furniture that is fashionable, functional, durable and Eco-Friendly. These are extremely versatile for home, hotel, restaurant, lobbies, poolside and sun rooms. Bamboo furniture are durable for indoor as well as outdoor settings, offices, luxury suites, common areas, dining, living rooms, patio settings and much more. The demand as well as export demand of bamboo furniture is good scope for new entrepreneurs.
Plant capacity: 48 Sets/DayPlant & machinery: 5 Lakhs
Working capital: -T.C.I: 139 Lakhs
Return: 48.00%Break even: 41.00%
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HOTEL - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project, Projected Balance Sheets

Hotel industry totally depends on the growth of the tourism as well as proper import and export growth of the country. If there are good countries associated in the territory of the region, there will be good scope for business transaction, hence there will be good scope for hotel industries due to the visits of the executives of different countries. Hotel should have good and well educated staff for maintaining the hotels and servicing the customers. The hotel industry is very glamour industry and also the business of hotel industry is growing very fast. But these things are totally depends on the location of hotels. Hotels should be located near about the Air ports, Highways etc. There is good scope for establishment of new hotels in India. The hotel industry in India is going through an interesting phase. The industry has a capacity of 110,000 rooms. According to the tourism ministry, 4.4 million tourists visited India last year and at the current rate, the demand will soar to 10 million by 2010 – to accommodate 350 million domestic travelers. The hotels of India have a shortage of 150,000 rooms fueling hotel room rates across India. With tremendous pull of opportunity, India has become a destination for hotel chains looking for growth. Due to such a huge potential available in this segment, several global hotel chains like the Hilton, Accor, Marriott International, Berggruen Hotels, Cabana Hotels, Premier Travel Inn (PTI), Inter Continental Hotels group and Hampshire among others have all announced major investment plans for the country. The Government's move to declare hotel and tourism industry as a high priority sector with a provision for 100 per cent foreign direct investment (FDI) has also provided a further impetus in attracting investments in to this industry. It is estimated that the hospitality sector is likely to see US$ 11.41 billion rise in the next two years, with around 40 international hotel brands making their presence known in the country by 2011. Simultaneously, international hotel asset management companies are also likely to enter India. Already, US-based HVS International has firmed up plans to enter India, and industry players believe others like Ash ford Hospitality Trust and IFA Hotels & Resorts among others are likely to follow suit.
Plant capacity: Hotel (Total 60 Rooms) Single Room - 30 Nos., Double Room - 30 Nos., Discotheque - 1 No. Plant & machinery: 267 Lakhs
Working capital: -T.C.I: 1264 Lakhs
Return: 46.00%Break even: 35.00%
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BAMBOO FURNITURE - 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, Plant Layout

The bamboos are a group of woody perennial evergreen plants in the true grass family poaceae, subfamily bambusoideae, tribe bambuseae. Some are giant bamboo, the largest members of the grass family. Bamboo is the fastest growing woody plants in the world. Their growth rate is due to an unique rhizome “dependent system but is highly dependent on local soil and climate conditions. Bamboo is a versatile, strong renewable and environment friendly material, granineae and the fastest growing woody plant on earth. The bamboo is used in the following items “Table, Chair, Stool, Long Chair, Sofa, Sofa set, Mats. Indian Market potential of Bamboo based products is estimated to be Rs.26, 000/- Cores by the year 2015. Bamboo Furniture market is estimated at 3625 crores and Bamboo Housing market stands at 1100 Crores. There is good domestic as well as export demand of bamboo furniture. New entrepreneurs venture into this field will be successful.
Plant capacity: 14400.00 SETS/AnnumPlant & machinery: 5 Lakhs
Working capital: -T.C.I: 138 Lakhs
Return: 48.00%Break even: 41.00%
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CULTIVATION AND SUPER CRITICAL OIL EXTRACTION(CHILLI, GINGER AND LARGE CARDAMOM)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials

In agriculture, cultivation is the process of growing vigorous plants on aerable land. It is usually associated with large-scale agriculture, as opposed to small-scale gardening. Cultivation requires fertile soil, water & seeds. Its usually begins with sowing of the seeds in the appropriate season. In the process of cultivation a farmer may be required to fill the land, weed control and ultimately harvest the crops. This practice has been perfected into the professional art of agronomy, where it is analyzed by specialized agronomists to maximum efficiency cultivation is very common with farm owners. A relatively new method of extraction that is being employed is called carbon dioxide extraction, or CO2. The required equipment used for this method is quite expensive but yields a higher volume of essential oil, making more expensive oil such as frankincense and myrrh more widely available. These oils are mainly used in medicines and food industries. There is very good domestic as well as export market for this product. There is good scope for new entrepreneurs.
Plant capacity: 2388 Kgs Cardamom Oil/Annum,18000 Kgs Chilli Oil/Annum, 31500 Kgs Ginger Oil/Annum Plant & machinery: 1300 Lakhs
Working capital: -T.C.I: 2200 Lakhs
Return: 34.00%Break even: 41.00%
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HOLIDAY RESORT (THREE STAR GRADE) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout,Cost of Project

Tourism as an industry has been flourishing and growing since time immemorial, but it has been in the last few decades that specific attention has started to be given to this smokeless industry. Tourism has emerged as an important as well as organized industry which scattered its benefits over large segments of the population. Destination resort is a resort that contains, in and of itself, the necessary guest attraction capabilities that is to say that a destination resort does not need to be near a destination (town, historic site, theme park, or other) to attract its public. Consequently, another characteristic of a destination resort is that it offers food, drink, lodging, sports, entertainment, and shopping within the facility so that guests have no need to leave the facility throughout their stay. Commonly these facilities are of higher quality than would be expected if one were to stay at a hotel or eat in a town's restaurants. In India there is a very good gap of availability of holiday resorts in different place of India. There is good scope of holiday resorts due to demand of more and more hotel rooms to accommodate the foreign as well as domestic tourists. Arrival of foreign tourist has increased by 8-10%. India is seen as a potential country for such developments and awareness is the requisite to start the process. The vacation ownership is growing at a compound annual growth rate of 20 per cent for the last three to four years and has become the reason for resort developments in India. The market for timeshare models is huge and more importantly, domestic traffic is adopting the lifestyle that supports the timeshare model. India is in an embryonic stage of development in innovative product models for vacation ownership real estate developments. Few Indian Major Players are as under: Costplus Credit Capital Ltd. Mahindra Holidays & Resorts India Ltd. Prajay Engineers Syndicate Ltd. South Indian Concerns Ltd. Sterling Holiday Resorts (India) Ltd.
Plant capacity: 27 Rooms, (3 Cottages, 16 Deluxe & 8 Suits)Plant & machinery: 631 Lakhs
Working capital: -T.C.I: 945 Lakhs
Return: 45.00%Break even: 35.00%
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KUTTU (BUCKWHEAT) SEED DEHULLING)- Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Kuttu or Buckwheat or beech wheat gets its name from its triangular seeds, which resemble the much larger seeds of the beech nut, and the fact that it is used like wheat is a non-glutinous psendo-cereal. It is similar to sunflower seed, with a single white seed inside a hard dark brown/black outer hull. Buckwheat is commonly grown for its black or gray triangular seeds. It can also be grown as a green manure crop, a companion crop, a cover crop, a source of buckwheat honey, and as a pharmaceutical plant yielding rutin. There are three known species of buckwheat: common buckwheat, fagopry esculentum moench; tartary buckwheat, F.tartaricum gaertn; and perennial buckwheat, F.cymosum L. common buckwheat, also known as F. sagittatum Gilib, is by far the most economically important species, accounting for over 90% of the world buckwheat production. Buckwheat is cultivated through out the world as a subsidiary food crop, buckwheat has been a crop of secondary importance in many countries and yet it has persisted through centuries of civilization and enters into the agriculture of nearly every country where cereals are cultivated. Buckwheat grain is grown mainly for human consumption and as animal feed, although it can also be used as a vegetable, a green manure crop, as a smother crop to crow out weeds and as a source of buckwheat honey. Demand for buckwheat grain is solid and steadily improving. The primary demand has come from the export market, but even in the India, U.S. buckwheat use has risen, in part due to multi-grain baked foods. In India the cultivation has been restricted to the cool, moist and temperate regions of Jammu & Kashmir, H.P., U.P., interior parts of the Himalayas ranging to an altitude of 700 to 3000 m and in some Southern States. It is a short term important Crop which can be grown in all types of soil and takes a total of 60-70 days to mature. It occupies about 90% of cultivated lands in the higher Himalayas with a solid stand. There is good export as well as domestic demand. New entrepreneur enter in this project will be successful.
Plant capacity: 9000 MT/Annum Dehulling Kuttu Seed (Buckwheat)Plant & machinery: 194 Lakhs
Working capital: -T.C.I: 763 Lakhs
Return: 43.00%Break even: 36.00%
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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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