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

Tripura is a state in Northeast India. The third-smallest state in the country, it covers 10,491 km2 (4,051 sq mi) and is bordered by Bangladesh (East Bengal) to the north, south, and west, and the Indian states of Assam and Mizoram to the east. Tripura is a landlocked state in North East India. The state has a tropical savanna climate, designated Aw under the Köppen climate classification. The undulating topography leads to local variations, particularly in the hill ranges. The four main seasons are winter, from December to February; pre-monsoon or summer, from March to April; monsoon, from May to September; and post-monsoon, from October to November.

Tripura's gross state domestic product for 2010–11 was 129.47 billion (US$2.1 billion) at constant price (2004–05), recording 5.71 per cent growth over the previous year. In the same period, the GDP of India was 48778.42 billion (US$790 billion), with a growth rate of 8.55 per cent. Tripura is an agrarian state with more than half of the population dependent on agriculture and allied activities. However, due to hilly terrain and forest cover, only 27 per cent of the land is available for cultivation. Rice, the major crop of the state, is cultivated in 91 per cent of the cropped area.

TOURISM

Tripura has a geographical area of about 10,492 sq. km. almost two-thirds of the state is under hilly terrain and it is surrounded on three sides by the deltaic basin of Bangladesh. The Tripura tribal’s are divided into two groups: Puran Tripuras and Natun Tripuras. The Puran Tripuras are the original inhabitants of the State and constitute a little over 16% of the total and 57% of the tribal population of the State. The Department of Tourism, Govt. of India, under the ministry of Tourism and Culture has been providing liberal financial and technical support for the tourism development in the state based on the projects received from the states. It is quite clear that Tripura has tremendous and quite unique tourism potential. This could be tapped mainly through the concept of Eco-tourism and Heritage tourism. Nature / wildlife tourism, adventure tourism, rural tourism, leisure tourism, pilgrimage tourism, international border tourism could be some special tourist packages. The Tourism Development in the Northeast region will depend on integrated approach, involving various government departments, private entrepreneurs, voluntary organizations and local community. This approach will also help in evolving local people’s perception towards tourism development as a strong tool for socio-economic up liftment.

INDUSTRIAL SECTOR

The State Government offers a package of incentives for setting up of industrial units, which is comparable to other states. Besides, the special incentive package i.e. North East Industrial and Investment Promotion Policy (NEIIP) declared by the Government of India for the North East Region is available to industrial units.

State Package of Incentives under Tripura Industrial Investment Promotion Incentive Scheme-

•                    Capital Investment Subsidy @ 30% and additional subsidy @ 2.5% for enterprises of ST, SC, & women individuals on Fixed Capital Investment.

•                    Full Reimbursement of Standard Certification Fees /Charges / other expenses on account of obtaining a standard Certification.

•                    Provides State Transport Subsidy for covering the portion for which Central Transport Subsidy is not available

•                    85% Exemption from the payment of Earnest Money and Security Deposits on tenders floated by State Govt. Department / Agencies.

Incentives declared by Central Government:

•                    Exemption of Excise Duty on finished products.

•                    Central Transport Subsidy.

•                    Income Tax Benefit.

•                    Capital Investment Subsidy.

•                    Comprehensive Insurance Scheme for insurance coverage. Subsidies to service sector, bio-technology and power generating industries.

INVESTMENT OPPORTUNITIES

Tripura offers an investor-friendly environment. The Government welcomes investments into the State, from both domestic and foreign investors.

•        Natural gas

Tripura has vast reserves of natural gas in non-associate form. The gas is of high quality, with high methane content of up to 97%. The availability of superior quality natural gas, at concessional price, offers a great opportunity to prospective investors, to set up gas-based industrial units, using natural gas

•        Information Technology (IT)

Tripura has been considered the second best IT destination in the North East. IT sector (including IT-enabled services) has been identified as one of the major potential growth sectors by the state. The high literacy rate of the State provides additional advantage for development of the sector.

•        Food Processing

The State government has identified food processing as a major thrust area. There is a vast potential for setting up of food processing units in the State. The agro-climatic conditions in Tripura are ideally suited for production of a large variety of horticultural crops.

•        Handicrafts

From time immemorial, Tripura has carved out a name for itself in the field of handicrafts. The gifted artisans produce wonderful objects of crafts from simple material like cane, bamboo and wood.

•        Tourism

Tripura is an attractive tourist destination. The state has a rich cultural heritage. There are number of historical Hindu and Buddhist sites.


INDUSTRIAL POLICY

•        To improve Basic as well Industrial Infrastructure.

•        Industrial Growth by attracting Private Investment.

•        To improve investment climate towards better regulation by removing barriers to competition.

•        Creation of hassle-free and congenial investment climate.

•        To bring significant increase in the State Domestic Product.

•        Widening of resources base of the state.

•        Development of connectivity (Internal road, railways and air & telecom).

•        Better social infrastructure Enabling Entrepreneurship -building capacities through entrepreneurial and technical skills, training and promotion of self-employment.

 THRUST AREAS

•        Natural Gas

•        Food Processing

•        Rubber

•        Tea

•        Handicraft

•        Bamboo

•        Handloom

•        Tourism

•        Information Technology

•        Education

  •           Healthcare

The Department of Industries & Commerce was established to promote Village and Small-scale industries as well as medium and large scale industries in the State. While efforts are being made to promote entrepreneurship within the State, the outside investors in the public and private sectors are also encouraged both for their financial capabilities and technical expertise, for the medium and large-scale units. The major existing industrial area is the Industrial Growth Centre Complex at Bodhjungnagar which also includes Food Park, Rubber Park and Export Promotion Industrial Park. The other industrial sites near Agartala as the main business and industrial centres are Dukli, Arundhatinagar and Badharghat. The mineral resources are minor amounts of glass sands, limestone, plastic clay and hard rock and all of these materials are being used in varying degrees. Setting up of ceramic tiles unit and other mineral based industries are being encouraged in the private sector.

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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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MS Binding Wires

Wire binding is a popular commercial book binding method, and is known by a number of different names including twin loop wire, wire-o, double loop wire, double-o, ring wire and wire bind. With this binding method, users insert their punched pages onto a "C" shaped spine and then use a wire closer to squeeze the spine until it is round. Documents that are bound with wire binding will open completely flat on a desk and allow for 360 degree rotation of bound pages. • Binding Wire is used for the purpose of tying applications in the field of construction. It is used extensively in the construction sector for tying the rebars at the joints so as to keep the structure intact. • The application of binding wire requires it to be flexible enough so as to tie easily and strong enough so as to hold the joint in place. There are various methods used for tying the joints. Binding wires are made from high quality carbon steel making them highly resistant to corrosion and abrasion. In RCC work where we use MS steel bars either plain or ribbed or tor, binding wires are used to bind the steel bars to each other at appropriate place according to design at a spacing defined by the drawing. The steel bars should not be disturbed while lying cements concrete in any of member such as column, beam, slab wall etc.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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Hydrochloric Acid

Hydrochloric acid is naturally produced by cells in our bodies to help digest food in the stomach. Hydrochloric acid is also synthetically produced for a variety of industrial and commercial applications. For these applications, hydrochloric acid is formed by dissolving hydrogen chloride gas in water. Hydrochloric acid is a colorless inorganic chemical system with the formula H2O:HCl. Hydrochloric acid has a distinctive pungent smell. It is mainly produced as a precursor to vinyl chloride for PVC. It is classified as strongly acidic and can attack the skin over a wide composition range, since the hydrogen chloride practically dissociates completely in solution. Hydrochloric acid is a strong, corrosive acid that can be used to make steel for bridges and cars. It is used in the chemical industry in the large-scale production of vinyl chloride for PVC plastic, and it is one of the chemicals that produces polyurethane foam and calcium chloride. Hydrochloric acid, once referred to a muriatic acid, is a caustic liquid sometimes used to acidify water and soil to achieve a lower pH level for plant growth. However, this liquid can kill plants when used in high concentrations, so caution is needed. Hydrochloric acid is the salt of hydronium ion, H3O+ and chloride. It is almost always prepared by treating hydrogen chloride (HCl) with water. The global hydrochloric acid market is projected to witness substantial growth throughout the forecast period, thanks to the increasing number of applications of hydrochloric acid. In addition, the rising focus of key players on the expansion of the product portfolio in order to enhance their market presence and create a niche across the globe is estimated to supplement the growth of the global hydrochloric acid market in the coming years. With these factors, the market is expected to register a healthy growth rate throughout the forecast period. Global hydrochloric acid (HCl) or muriatic acid market is poised to witness growth over the forecast period owing to increasing demand from application industries such as water treatment, food processing and oil & gas. In addition, growing HCl use in steel and pharmaceutical industry is expected to drive the market over the next six years. The hydrochloric acid market is expected to register significant growth during the forecast period (2018 - 2023). The major driving force for the market is the increasing demand for acidization of oil wells in the oil & gas industry. The Global Hydrochloric Acid Market is expected to witness a significant growth of USD ~ 1869.559 million by 2023 with CAGR of ~5.0% between 2016 and 2023 Hydrochloric Acid is one of the names for muriatic acid with the chemical formula HCl. It is also known as acidum salis or spirits of salt. Hydrochloric Acid is a, transparent, very strong solution of hydrogen chloride in water.
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Return: 1.00%Break even: N/A
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PCB (Printed Circuit Board) (Multilayer)

A printed circuit board (PCB) mechanically supports and electrically connects electronic components or electrical components using conductive tracks, pads and other features etched from one or more sheet layers of copper laminated onto and/or between sheet layers of a non-conductive substrate. Components are generally soldered onto the PCB to both electrically connect and mechanically fasten them to it. Printed circuit boards are used in all but the simplest electronic products. They are also used in some electrical products, such as passive switch boxes. Printed Circuit Boards (PCBs) form the backbone of all major electronics. These miraculous inventions pop up in nearly all computational electronics, including simpler devices like digital clocks, calculators etc. For the uninitiated, a PCB routes electrical signals through electronics, which satisfies the device's electrical and mechanical circuit requirements. In short, PCBs tell the electricity where to go, bringing your electronics to life. The printed circuit board (PCB) acts as the linchpin for almost all of today’s modern electronics. If the device needs to do some sort of computation — such as is the case even with simple items like a digital clock — chances are there’s a PCB inside of it. PCBs bring electronics to life by routing electrical signals where they need to go to satisfy all of the device’s electronic requirements. For this to happen, PCBs are laid with a network of paths outlined in the traces. It’s these copper pathways that allow PCBs to direct electrical currents around their surface. The future of the PCB market looks promising with opportunities in the computer/peripherals, communications and consumer electronics, industrial, automotive, and military/aerospace industries. The global PCB market is expected to reach an estimated $80.1 billion by 2023 with a CAGR of 3.3% from 2018 to 2023. The major growth drivers for this market are increasing demand for PCB in the communication industry, growth in connected devices, and advancement in automotive electronics. The global PCB and PCBA (Printed Circuit Board Assembly) market is expected to grow at a CAGR of 3–4 percent until 2020. This growth is driven by the likely rise in demand from the automotive and electronic industries in the Asian countries. The APAC region, contributing to more than 90 percent of the global production, is expected to be a key influencing factor for the PCBA market by 2020.
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Return: 1.00%Break even: N/A
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PVC Granules & Rigid Pipes

PVC Granules PVC compounds also known as a dry blend are based on the combination of the PVC and additives that give the formulation necessary for the end-use application. The convention in recording the additive concentration is based on parts per hundred of the PVC resin (phr). The compound is generated by intimately mixing together the ingredients, which is subsequently converted into the gelled article under the influence of heat (and shear). Depending on the type of PVC and additives, the compound prior to gelation, can be a free-flowing powder/dry blend or a liquid in the form of a paste or solution. PVC compounds can be formulated for flexible materials using plasticisers, called PVC Plasicized Compounds and for rigid application without plasticizer called UPVC compound. Rigid Pipes Rigid pipes are usually made of plain concrete, reinforced concrete, vitrified clay, cast iron and asbestos cement. Rigid pipes have sufficient strength to support loads even if no side support, such as backfill, is provided. However; this load carrying capacity can be significantly increased by providing proper bedding and backfill. Rigid pipes made of plain concrete are considered as failed if a crack or fracture is observed, however; for reinforced concrete pipes, cracks up to 0.01-inch are considered permissible. The market is segmented based on the end-use applications and type of materials, diameter size of pipes, and regions with different criss-cross.
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Return: 1.00%Break even: N/A
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Acyclovir

Aciclovir (ACV), also known as acyclovir, is an antiviral medication. It is primarily used for the treatment of herpes simplex virus infections, chickenpox, and shingles. Other uses include prevention of cytomegalovirus infections following transplant and severe complications of Epstein-Barr virus infection. It can be taken by mouth, applied as a cream, or injected. Acyclovir is an antiviral drug. However, it is not a cure for these infections. The viruses that cause these infections continue to live in the body even between outbreaks. Acyclovir decreases the severity and length of these outbreaks. It helps the sores heal faster, keeps new sores from forming, and decreases pain/itching. This medication may also help reduce how long pain remains after the sores heal. Acyclovir is approved by the Food and Drug Administration as a prescription drug that is commonly used as a topical, inject able, and oral treatment for genital herpes and cold sores. Herpes refers to a group of viruses that cause a variety of herpes infections including genital herpes, shingles, chicken pox (also chickenpox), cold sores, and encephalitis (inflammation of the brain). The acyclovir market is segmented on the basis of types of herpes virus, mechanism of action, application, and region. On the basis of types of virus they are segmented into herpes simplex virus type I (HSV-1), herpes simplex virus type II (HSV-2), Varicella zoster virus (VZV), Epstein-Barr virus (EBV), and cytomegalovirus (CMV). Based on mechanism of action, the market is segmented into nucleotide polymerase inhibitors, reverse transcriptase inhibitors, protease inhibitors, and others.
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Return: 1.00%Break even: N/A
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Cloxacillin

Cloxacillin is an antibiotic useful for the treatment of a number of bacterial infections. This includes impetigo, cellulitis, pneumonia, septic arthritis, and otitis externa. It is not effective for methicillin-resistant Staphylococcus aureus (MRSA). It is used by mouth and by injection. Cloxacillin is used to treat a wide variety of bacterial infections. This medication is a type of penicillin antibiotic. It works by stopping the growth of bacteria. Cloxacillin is a penicillin-like antibiotic used for treating bacterial infections of the skin, bone, heart valves, blood, lungs, etc. caused by susceptible bacteria. This medicine is not recommended for treating common cold, flu or other viral infections since it is not effective in treating them. Cloxacillin is a semisynthetic beta-lactamase resistant penicillin antibiotic with antibacterial activity. Cloxacillin binds to and inactivates penicillin-binding proteins (PBPs) located on the inner membrane of the bacterial cell wall, thereby preventing the cross-linkage of peptidoglycans, which are critical components of the bacterial cell wall. This leads to an interruption of the bacterial cell wall and causes bacterial cell lysis. • Global Cloxacillin Market share assessments for the regional and country level segments • Global Cloxacillin Market share analysis of the top industry players • Strategic recommendations for the new entrants • Global Cloxacillin Market forecasts for a minimum of 4 years of all the mentioned segments, sub segments and the regional markets.
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Return: 1.00%Break even: N/A
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Amoxicillin

Amoxicillin is an antibiotic often used for the treatment of a number of bacterial infections. It may be used for middle ear infection, strep throat, pneumonia, skin infections, and urinary tract infections among others. It is taken by mouth, or less commonly by injection. Amoxicillin belongs to a group of drugs called the penicillins. They originate from a form of fungi called Penicillium fungi. Amoxicillin fights bacteria and stops them from growing by preventing them from forming cell walls. This kills the bacteria and eventually eradicates the infection. Amoxicillin is the generic form of the brand-name drug Amoxil, a drug used to treat bacterial infections. Doctors prescribe amoxicillin to treat infections caused by bacteria that are sensitive to the drug, including E. coli, staphylococcus, streptococcus, H. influenzae, and H. pylori. Amoxicillin is also sometimes used together with another antibiotic called clarithromycin (Biaxin) to treat stomach ulcers caused by Helicobacter pylori infection.
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Return: 1.00%Break even: N/A
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Ampicillin

Ampicillin is an antibiotic used to prevent and treat a number of bacterial infections, such as respiratory tract infections, urinary tract infections, meningitis, salmonellosis, and endocarditis. It may also be used to prevent group B streptococcal infection in newborns. It is used by mouth, by injection into a muscle, or intravenously. Like all antibiotics, it is not useful for the treatment of viral infections. Ampicillin is used to treat a wide variety of bacterial infections. It is a penicillin-type antibiotic. It works by stopping the growth of bacteria. Ampicillin comes as a capsule and a suspension (liquid) to take by mouth. It is usually taken three to four times a day, either half an hour before or two hours after meals. The length of your treatment depends on the type of infection that you have. Take ampicillin at around the same times every day. Follow the directions on your prescription label carefully, and ask your doctor or pharmacist to explain any part you do not understand. Take ampicillin exactly as directed. Do not take more or less of it or take it more often than prescribed by your doctor. Ampicillin is a broad-spectrum, semi-synthetic, beta-lactam penicillin antibiotic with bactericidal activity. Ampicillin binds to and inactivates penicillin-binding proteins (PBP) located on the inner membrane of the bacterial cell wall. Inactivation of PBPs interferes with the cross-linkage of peptidoglycan chains necessary for bacterial cell wall strength and rigidity. This interrupts bacterial cell wall synthesis and results in the weakening of the bacterial cell wall and causes cell lysis. Ampicillin is stable against hydrolysis by a variety of beta-lactamases, therefore, can be used in wide range of gram-positive and -negative infections. The global ampicillin market is driven by factors such as new product innovations and increasing R&D investments by major players. Moreover, regulatory concerns to control the antibiotic resistance problem are also expected to drive the global ampicillin market. Rising geriatric population is one of the key drivers for the growth of the global ampicillin market.
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Return: 1.00%Break even: N/A
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Call Centre (International)

A call centre or call center is a centralised office used for receiving or transmitting a large volume of requests by telephone. An inbound call centre is operated by a company to administer incoming product support or information enquiries from consumers. Outbound call centres are operated for telemarketing, solicitation of charitable or political donations, debt collection and market research. A call center is a centralized department to which phone calls from current and potential customers are directed. Call centers can handle inbound and/or outbound calls, and be located either within a company or outsourced to another company that specializes in handling calls. A call centre is a department or an office in which incoming and outgoing telephone and voice calls from new and existing customers are handled by a team of advisors or agents. It is a traditional set-up for companies of a larger size. A call centre is a specialist, centralised facility that handles phone calls between organisations and customers or prospective customers. Call centres can handle inbound calls, outbound calls, or both types of calls. They can be fulfil a number of business purposes including sales and marketing, lead generation, customer support, and more. Call centers, it is always a challenge to meet the demands of the customers in the real world, regardless of the best call center software your company is using. But that is not to say that it is impossible. Call centers serve as a lifeline for quickly connecting the customers of the company with their Communications Services Providers or CSPs. The call center industry has been growing and evolving for the past few decades.
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Return: 1.00%Break even: N/A
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Blanket from Wool or Woollen Waste or Woollen Rags

Blanket A blanket is a piece of soft cloth large enough either to cover or to enfold a great portion of the user's body, usually when sleeping or otherwise at rest, thereby trapping radiant bodily heat that otherwise would be lost through convection, and so keeping the body warm. Wool blankets are one of the best in the world. Wool blankets are made of wool sourced from animals that are a lot better at surviving harsh winters than humans, and that includes sheep, alpacas, and yaks. Some wool blankets are crafted with a mix of wool and other materials. Wool blankets are one of the main items I look for at garage sales, thrift stores, and antique stores. Textiles are usually pretty inexpensive when you find them used. Wool blankets might have a high price tag, even at a thrift store if they are considered collectible. The Blanket Market is subject to witness a substantial growth due to the growing consumer awareness, wide range of prices and design available in the market. Introduction of electric blankets are expected to attract more customers, thus boosting overall sale of the product. Blankets, which typically see a huge demand from winter customers, were seen in colours such as orange, pink, red, blue, yellow, green etc. It usually comes with charming designs with flowers, leaves, or popular cartoon characters. It’s fabric is soft fluffy flannel, acrylic or woolen.
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Return: 1.00%Break even: N/A
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Information
  • One Lac / Lakh / Lakhs is equivalent to one hundred thousand (100,000)
  • One Crore is equivalent to ten million (10,000,000)
  • T.C.I is Total Capital Investment
  • We can modify the project capacity and project cost as per your requirement.
  • We can also prepare project report on any subject as per your requirement.
  • Caution: The project's cost, capacity and return are subject to change without any notice. Future projects may have different values of project cost, capacity or return.

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