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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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Papad & Bari

Papad is an inseparable part of Indian meals as they are light, crispy and leaves the taste buds delighted with their crunch. This healthy dish can easily replace all other unhealthy snacks that kids binge on. Papad is unquestionably one of the most loved food items in an Indian meal. Giving not just crunch, but also a split open flavor to plate of mean. They are usually seasoned, containing a lip-smacking dose of masalas, herbs and other spices, which go very well with regular home-cooked meals, particularly dal-chawal. These crunchy thin crackers are supplements savored in most South Indian meals. On the other side, Papads are eaten as snacks or appetizers on the northern side of country. It goes well with drinks and mocktails. Masala Papad is a popular choice across the country. They can also be enjoyed as a snack in the evening with pickles, chutneys or sauces. Papad is often crushed and sprinkled on the rice. A traditional Indian thali, platter, marriages, parties, etc. always includes papad in their menu. "PAPAD" is often served as an appetizer; it is consumed in all parts of India and abroad. Badis, the dried and preserved food items usually fried and consumed as crunchy side-dish or as additives in curries throughout India, have a high demand. There was a time when women would prepare Badis only for their homely needs or personal liking. Today, women have chosen Badi-making as source of employment to supplement their family income.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Portal

Portal is a web-based platform that collects information from different sources into a single user interface and presents users with the most relevant information for their context. Over time, simple web portals have evolved into portal platforms that support digital customer experience initiatives. Web portal helps in search navigation, personalization, notification and information integration, and often provides features like task management, collaboration, and business intelligence and application integration. Examples of portals, particularly those that use a login experience, abound in most industries: • Patient Portals • Government Portals • Intranets/Extranets/Workplace Portals • Knowledge Management Portals • Student Portals • Vendor Portals Today, the average user can address the problem of content discovery with search engines, which have become more adept at serving relevant results. This, plus the information sharing capabilities offered by social media, means that human-curated lists of information are not a necessary starting place for most users. However, the three distinguishing strengths of portals — integration, consistency and personalization — are essential components of an increasingly important part of business today: digital customer experience. Modern portal platforms can play an important role in customer engagement, especially when they have been extended with new features such as content management systems or marketing automation.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Metal Pretreatment Chemical

Pre-treatment is the process of chemical preparation of various types of metal and aluminium prior to the application of a powder coated surface finish. In all cases of powder coating, appropriate surface pre-treatment is vital for ensuring long lasting results. Pre-treatment is key to quality – as important to the performance of the finished powder coated product as the materials used in its construction, its design, and the conditions under which it is employed. At Powder Coating Services, it is absolutely essential that high standards of pre-treatment are maintained, to ensure a consistently high-quality end product. Metal cleaning chemicals can be simple surfactant based cleaners and degreasers, solvents, or etchants. Applications • Powder Coating Industries • Liquid Paints / Stoving Paints Industries • Furniture Industries [MS & ALUMINIUM] • Wire Industries • Nutt & Bolt Industries • FAN Industries • Electrical Components Industries [MS Portion] • Automotive Industries • Sanitary Industries
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Oxygen and Nitrogen Gas Plant

Oxygen (CO2,gas at O0/1 matm. 1.429 g./l, crit. pressure, 49.7 matm.) is a colorless, odourless, and tasteless gas, somewhat heavier than air. It is one of the most active elements and plays on essential part in the respiration of living cells and in combustion. Nitrogen is the chemical element with the symbol N and atomic number 7. It was first discovered and isolated by Scottish physician Daniel Rutherford in 1772, nitrogen is the principal gas in air (78%). India industrial gases market was valued at $ 2.1 billion in 2017 and is forecast to grow at a CAGR of over 11% to surpass $ 3.9 billion in 2023 on account of growing demand from metal industry, particularly steel. Moreover, regular capacity expansions by automobile, refinery and chemical companies coupled with increasing number of new applications of industrial gases is further augmenting demand for industrial gases in the country. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Air Liquide India Holding Pvt. Ltd. • Arrow Oxygen Ltd. • Bellary Oxygen Co. Pvt. Ltd. • Bhagawati Oxygen Ltd. • Bhilai Oxygen Ltd. • Ellenbarrie Industrial Gases Ltd. • Govind Poy Oxygen Ltd.
Plant capacity: Oxygen Gas:667,800 Cu.mtrs per annum Nitrogen Gas:2,480,400 Cu.mtrs per annumPlant & machinery: 306 Lakhs
Working capital: -T.C.I: Cost of Project:643 Lakhs
Return: 26.00%Break even: 62.00%
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Fresh Dips

Fresh DIP is a creamy liquid that is served with food or used to prepare foods. Sauces add flavor and moisture to food and enhance the palatability of food. Few of the major sauces that are consumed in the US are ketchup, soy sauce, mustard sauce, tabasco, and sriracha. Dressings are used for garnishing and adding taste to food, especially salads, burgers, sandwiches, and other snack items. Some of the widely used dressings are mayonnaise, vinaigrettes, Italian dressings, and Russian dressings. Dips are creamy, paste-like dressings that are generally consumed with breads, nachos, French fries, vegetables, and salad. The global sauces market is presumed to register a remarkable CAGR during the forecast period (2017-2023) owing to the incessant demand for flavor enhancers, asserts Market Research Future (MRFR). Sauces are referred to as fluids or semi-solid paste which are generally used as condiments across the food industry. Sauces are used as food additive as it enhances the flavor of food. They are also used as topping or dips and are popular for its rich taste. Sauces are low in saturated fat and sodium which further add to its nutritional value. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Adinath Agro Processed Foods Pvt. Ltd. • Amarkantak Foods Pvt. Ltd. • Capital Foods Ltd. • Cremica Food Inds. Ltd. • G D Foods Mfg. (India) Pvt. Ltd. • Nijjer Agro Foods Ltd. • Sublime Foods Ltd. • Veeba Food Services Pvt. Ltd.
Plant capacity: Fresh Dips 50 gms Size Pkts:1,500,000 Pkts per annum Fresh Dips 20 gms Size Pkts:3,750,000 Pkts per annumPlant & machinery: 30 Lakhs
Working capital: -T.C.I: Cost of Project:213 Lakhs
Return: 30.00%Break even: 59.00%
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Tailoring Chalk (Triangle Pattern)

Tailors' chalk is a square, circular or in the form of a triangular shaped product having a thickness of around 5mm. The product is used by the tailors for marking on clothes, so that the cloth can be cut according to the marked lines. Tailors' chalks are manufactured in white as well as in various colours to be suitable for marking on clothes of various colours. Tailor’s chalk is traditionally a hard chalk used to make temporary markings on cloth or a garment. Most of India’s population was brought up with tailored clothes which restricted the garment industry to small-scale manufacturing of ready-to-stitch clothes. The expansion of the domestic clothing brands and the entry of international fashion brands in the early 90s have increased the demand of the ready-to-wear apparel that has been growing ever since. In the last few years, exports in India’s garment industry have grown rapidly due to an increase in orders from global buyers and willing investors in the sector. The garment industry is an important sector and a major contributor to the Indian economy. Most households depend on this sector directly or indirectly to earn a living. Many global retailers come to India because of the low production costs, low labour costs, and easy availability of fabric. Thus, due to demand it is best to invest in this project.
Plant capacity: 150,000 Kgs per AnnumPlant & machinery: 18 Lakhs
Working capital: -T.C.I: Cost of Project:99 Lakhs
Return: 26.00%Break even: 57.00%
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Electric PCC Poles

Pre-Stressed Cement Concrete Poles (PCC Poles) are highly durable and strong. PCC Poles are fabricated from excellent quality concrete material. These poles are used extensively in electrical industry, for establishing electrical connections and fittings. PCC poles are available in different dimensions and weight depending on the requirement. The poles are eco-friendly and require very low maintenance. The PCC poles have consistent material properties throughout their length. PCC poles are not susceptible to rot and decay. The PCC pole has the same strength throughout its service life. PCC poles are not susceptible to insect and animal attack. The PCC pole market is expected to reach an estimated $52.1 billion by 2024 with a CAGR of 4.1% from 2019 to 2024. The major growth drivers for this market are increasing power generation capacity, growing transmission and distribution infrastructure, and replacement of aging networks. Emerging trends which have a direct impact on the dynamics of the market include wider use of transmission poles and increased usage of composite poles in transmission and distribution. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Arvind Kumar Nand Kumar Ltd. • Ashoka Pre-Con Pvt. Ltd. • Concrete Udyog Ltd. • Genus Power Infrastructures Ltd. • Sainik Finance & Inds. Ltd. • Shivshakti Cement Pipe Inds. Pvt. Ltd. • Sri Gopikrishna Infrastructure Pvt. Ltd. • West Bengal Concrete Inds. Pvt. Ltd.
Plant capacity: Electric Pre-stressed Concrete Cement Poles:24,000 Nos. per annum Plant & machinery: 284 Lakhs
Working capital: -T.C.I: Cost of Project: 487 Lakhs
Return: 1.00%Break even: 64.00%
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Fruits & Vegetables Powder (Tomato, Onion, Mango, Pomegranate and Papaya Powder)

Tomato powder is a powder derived from tomato. It is made by turning fresh tomatoes into a slurry and further spray drying the slurry, creating a fine powder of uniform consistency. It is used to add tomato flavor in various dishes, has increased its application in various food processors. On the basis of application, tomato powder is segmented such as seasoning and savories, soup mixes, snack foods, curries and gravies, baby foods and others. Onion powder is a processed form of dehydrated onion that can add the same flavor as fresh onions in a convenient manner. As a flavoring agent, onion powder is currently being used in a number of food and non-food products like- snacks, sauces, salads, soups, gravies, appetizers, seafood, meats, etc. Mango powder is a fruity spice powder made from dried unripe green mangoes and is used as a citrusy seasoning. It is produced in India, and is used to flavor foods and add the nutritional benefits of mangoes when the fresh fruit is out of season. India is known for its exotic spices since the ancient times. These spices are mostly used for flavoring or tempering cooked food. Pomegranate Powder is made of fresh pomegranate juices extracted by spray dried. In the production process strictly abide by the guidelines ensuring the food safety and quality. It is widely used for pharmaceutical industry, health care products, baby and infant products, snacks, solid beverage, ice-cream, all kinds of milk tea. The papaya fruit is a large berry about 15–45 cm (5.9–17.7 in) long and 10–30 cm (3.9–11.8 in) in diameter. It is ripe when it feels soft (as soft as a ripe avocado or a bit softer) and its skin has attained an amber to orange hue. Papayas are a soft, fleshy fruit that can be used in a wide variety of culinary ways. Here we will explore more on the health benefits, uses, how to incorporate more of them into diet, and what nutritional value papayas have. Entrepreneurs who invest in this project will be successful. Few Indian major players are as under: • Aarkay Food Products Ltd. • Foods & Inns Ltd. • Garlico Industries Ltd. • K I Z Foods Ltd. • Konkan Mango Processing (Ratnagiri) Pvt. Ltd. • Oceanic Foods Ltd. • Parry Phytoremedies Pvt. Ltd. • S Y P Agro Foods Ltd.
Plant capacity: Tomato Powder:90,000 Kgs per Annum Onion Powder:36,000 Kgs per Annum Mango Powder:120,000 Kgs per Annum Pomegranate Powder:45,000 Kgs per Annum Papaya Powder:90,000 Kgs per AnnumPlant & machinery: 69 Lakhs
Working capital: -T.C.I: Cost of Project:417 Lakhs
Return: 27.00%Break even: 57.00%
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Neem Oil and Neem Cake

Neem oil is obtained from the seeds of neem tree. Utilization of neem seeds is to be set with the problem of organization of systematic collection and crushing of seeds. But with the ever increasing exploitation of non edible oils for industrial and pharmaceutical purposes, neem oil is gaining importance economically.Neem oil can be used as soaps,medicinal and insecticide. Neem oil is usually opaque and bitter but it has recently been shown that it can be processed into non bitter edible oil with 50% oleic acid and 15% linoleum acid. Neem oil acts as an insecticide and protects plants and crops against pests. The demand of neem products are increasing day by day. Agriculture sector is now becoming a major consumer of theneem products viz. Neem oil, neem cake and neem based pesticides. The global biopesticide market is anticipated to grow at a staggering CAGR of 13.9% during the forecast period of 2017 to 2025.The biopesticides market is projected to reach USD 6.4 billion by 2023, at a CAGR of 15.99% during the forecast period. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Agro Extracts Ltd. • Hanuman Minor Oils Ltd. • J S P Oils & Fats Ltd. • K G N Agro Internationals Ltd. • Kohinoor Feeds & Fats Ltd. • Morinda Overseas Inds. Ltd. • Pan Asia Global Ltd.
Plant capacity: Neem Oil:225,000 Kgs per Annum Deoil Cake as by product:2,520,000 Kgs per AnnumPlant & machinery: 46 Lakhs
Working capital: -T.C.I: Cost of Project:100 Lakhs
Return: 28.00%Break even: 76.00%
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Kraft Paper from Waste Cartons

Kraft paper, Brown paper or wrapping paper is made from variety of raw materials, e.g. Bagasse, ground wood, straw, waste paper, in various combinations or alone, waste carton boxes etc. 'Kraft' mean strength and that is why its name. It is leading paper for wrapping heavy bundles. After corrugation it is used in many types of packing and it is an important packaging material. Kraft paper is extensively used for wrapping purposes, viz. wrapping paper bags, linters, corrugated sheets, etc. Kraft paper can be utilized for many different purposes. The present demand is estimated at 13.1 million tonnes with domestic production of 11.4 million tonnes, export of 0.5 million tonnes and import of 2.2 million tonnes. The demand is projected to boost to 23.5 million tonnes by 2024- 25. The recycled paper, comparatively cheaper, comprises almost 40% of the total raw material requirements at present. As a whole there is a good scope for new entrepreneur to invest in this business. Few Indian major players are as under: • Achal Paper Inds. Ltd. • Agrashakti Paper Mills Pvt. Ltd. • Aryan Paper Mills Ltd. • Bazargaon Paper & Pulp Mills Pvt. Ltd. • Best Paper Mills Pvt. Ltd. • Dev Priya Papers Pvt. Ltd. • Fiesta Papers Pvt. Ltd.
Plant capacity: 30,000 MT per AnnumPlant & machinery: 1524 Lakhs
Working capital: -T.C.I: Cost of Project:2496 Lakhs
Return: 28.00%Break even: 59.00%
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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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