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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.

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Activated Carbon from Bamboo - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Activated carbon is a non graphite form of carbon and is microcrystalline in nature. It is extensively used in various industries as a very good absorbent for odour or colour. A large variety of raw materials are available for the manufacture of activated carbon like rice husk, groundnut husk, coconut shell, saw dust, bagasse, wood and bamboo etc. The activated carbon produced in the country is catering to the need of vanaspati and solvent extraction plant, glucose and sugar industries, water treatment, chemicals, pharmaceuticals, synthetic rayons, electrochemical industries etc. Due to its use in various industries, it has a good demand and annual demand growth is around 15%. So there is good scope for the investment in this sector.
Plant capacity: 5 Tons/DayPlant & machinery: 67 Lakhs
Working capital: -T.C.I: 244 Lakhs
Return: 42.00%Break even: 51.00%
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Golf Course - 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,Profitability Ratios

Golf is quite a respectable and expensive game. Participants of golf course are considered as regardable and honourable people of the society. Golf courses requires a large area of Land for playing the game as well as to accommodate the other amenities required for the participants. Need of Golf course is increasing rapidly all over the world with the development of standard of living of our society. So, the future prospects of golf course is very bright.
Plant capacity: 20000 MEMBERS Plant & machinery: Land & Building : Rs. 19.62 Crore
Working capital: -T.C.I: Rs. 21 Crores
Return: 26.00%Break even: 34.00%
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Dental College - 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,

Dental education occupies a place of pride in the field of medical studies. The basic aim of the dental colleges is to provide health-oriented courses that emphasize the prevention of oral diseases. In a human body mouth is considered to be the mirror dental health being intimately related is part and parcel of the general health and well being of an individual. With increasing awareness in oral health and surge in the demand for cosmetic dental care together with technological advances in delivery of dental care, need for trained professionals in this field is ever increasing. As dentistry offers a satisfying, rewarding and lucrative career, it has become the subject of choice for aspiring professionals of tomorrow. Dentists are doing a great job today. Right from fulfilling the basic needs of restoration and prosthesis of common man, they are designing smiles of models, actors and others who want to enhance their confidence. They are doing well both in the public and the private sector. But with time their number is increasing and so is the competition amongst them. Moreover there is a very few number of seats for further specialization. There is now a dire need of these professionals to explore new areas and widen their scope of employment. One of the upcoming branches for them is Public Health. After BDS, students can opt for a specialization in any of the regular disciplines. There are new emerging areas like aesthetic dentistry, implantology and forensic orantology. The past decade has witnessed many new dental colleges coming up. Still, there is immense scope for dental surgeons in view of the high incidence of dental problems. There is one dentist on a population of approximately 26,000 in the urban areas, and one on a population of 3 lakh in rural areas. Dentistry in India is no more constrained to plucking out decayed tooth or filling up discolored teeth. There is an increasing curiosity among the youth, particularly girls to take up dentistry as a chosen area of profession. Policy makers are either unaware or not interested in the lack of adequate opportunities for the graduates that roll out of dental colleges. Since many of these trained hands are either deprived of opportunities or severely underpaid, they cease to work or switch to various other professions. India has more than 250 dental institutions, producing 15,000 to 20,000 BDS graduates every year. There has been phenomenal expansion in the facilities for Professional education, Medical, Dental, and Technical Management etc. In the expanded professional education, we have today a large numbers of privately run and self-financial institutions operating in different parts of the Country. There is a very good scope and new entrepreneurs should venture into this field.
Plant capacity: 100 Students in Dental College ,4 year course with Dental CollegePlant & machinery: 674 Lakhs
Working capital: -T.C.I: 1642 Lakhs
Return: 50.00%Break even: 43.00%
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GROWING OF FRUITS AND MANUFACTURING OF NATURAL JUICES - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Plant Layout

India has a strong base in agriculture and provides large varieties of fruits and vegetables for food processing. However, inadequate cold storage facilities, lack of drying and packing technology plethora of laws, fragmented supply chain and less exports are some of the bottlenecks experienced while exploiting the full potential of fruits and vegetables processing industry. With an aim to give impetus to this sector, the Indian govt. has taken several steps, which includes virtual delicensing of the sector, duty and tax relief measures, setting up of clusteres etc. Availability of quality fruits and advanced technology for fruit processing has helped a great deal to boost the production of quality, hygienic fruit products like fruit juice, concentrates, jam, jellies and fruit slices. There is a good domestic and overseas market for natural fruit juices. So any entrepreneur can enter into this project.
Plant capacity: 1800 Kls./AnnumPlant & machinery: 134 Lakhs
Working capital: -T.C.I: 324 Lakhs
Return: 37.00%Break even: 34.00%
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Natural Food Colours - 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

Dyes, colour and pigments are one of the important sections of the chemical industry. For making different food attractive to the consumer, it is required to make coloured food items. Natural pigments like chlorophyll, turmeric powder etc. has large use in the industry as it is eco-friendly and it has very small side effect. Turmeric powder is used to make yellow colour. Beet powder is used for making red coloration in the food material and making red coloured soft drink and grape extract colour is generally used for making soft drinks colours. There is very good market demand of food colour synthetic and natural. There is maximum demand of natural food colour. So we can predict that there is a good scope for a new entrepreneur.
Plant capacity: Beet Powder 200kg/day, Caramel 500 kg/day, Turmeric yellow colour 250 kg/dayPlant & machinery: 65 Lakhs
Working capital: -T.C.I: 133 Lakhs
Return: 41.00%Break even: 45.00%
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CAFFEINE FROM TEA WASTE - 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

Caffeine is widely used in pharmaceuticals as free base and mixtures, such as citrated caffeine’s caffeine and sodium benzoate. Tea waste or coffee beans, limewater and trichlorothylene are the starting raw materials for its manufacture. Tea waste contains 3-4 percent caffeine. Caffeine is very useful as stimulant of the central nervous system. It gives definite relief from fatigue and neuralgia. It is also used in headaches originating from eye strains. Its most important physiological action is that on the kidney causing an increased secretion of urine. Caffeine is the principal alkaloid constituent of tea, coffee and some other beverages. As the production of soft drinks increases the demand of caffeine is also likely to increase. Branded pocket teas, instant teas etc. are now the name of the game to boost sales and build up a strong brand loyalty. Tata tea dominates the sector with few foreign big holding in Assam and in the South. There is however no question this industry has a decisive future and a decisive hold on the rest of the plantation and export sectors. It can be concluded that there is a good scope for new entrepreneurs.
Plant capacity: 0.30 MT/dayPlant & machinery: Rs. 24 lakhs
Working capital: -T.C.I: Rs. 138 lakhs
Return: 45.00%Break even: 49.00%
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ENGINEERING COLLEGE - 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

There is need of engineering college in India for the development of country and give the better opportunity to the general merit. But in our country reservation system will not cater the merit of the general student as well as not application of technology by developed technology. Now a day’s highering of technology and running of administration is the main tool of the Indian's industry. The economic progress of a country is strongly linked with the quality of education. It is therefore necessary for our technical educators to undertake periodic review of the curriculum and subject content of the technical programmes to ensure that they are up to date, not outmoded or obsolete and effectively fulfill the technological requirements of the country. During the past three decades, many steps have been taken in India to improve the quality of technical education. These include evolution of model syllabi, quality improvement programmes for teachers; encouraging interaction with industry through consultancy and continuing education programmes; and providing impetus for expanding infrastructural facilities in emerging technologies. For economic growth and prosperity, the need is to produce highly professional and competent engineers. This could be achieved by imparting quality teaching to students. Towards this, some norms and standards of engineering education need to be laid down so as to educate the students with appropriate skills suitable for a rapidly changing industrial scenario.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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MANAGEMENT COLLEGE - 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

In modern times of upsurging business network in regard to novel business strategies being implemented, MBA College occupies a conspicuous niche, and its significance cannot be underestimated. The basic aim of MBA College in to enlighten a student for more effective measures to be undertaken to promote business in the perspective for better returns and generating more revenues in global environments. There is need of management colleges in India for the economic development of the country and give the better opportunity to students. Now obtaining and assimilation of latest/emerging technologies and running of administration is the main thrust of the Indian's industry. The economic progress of a country is strongly linked with the quality of education. It is therefore necessary for our technical educators to undertake periodic review of the curriculum and subject content of the technical programmes to ensure that they are up to date, not outmoded or obsolete and effectively fulfill the technological requirements of the country. During the past three decades, many steps have been taken in India to improve the quality of business education. These include evolution of model syllabi, quality improvement programmes for teachers; encouraging interaction with industry through consultancy and continuing education programmes; and providing impetus for expanding infrastructural facilities in emerging technologies. PREAMBLE Management Education, as it positional today in the country manifests itself in various forms which ranges from general management Degree / Diploma courses to management courses which provide functional/sectorial specializations. This document provided those mandatory requirements that are essential to fulfill the eligibility conditions for AICTE approval to run a full time Masters Degree/Diploma programme in Management. Also given are ensuring minimum quality of the programmes. Towards this end, suggestions on formatting of this management education exercise and a set of guidelines are also provided. Distinction between mandatory requirements, desirable features and suggested guide lines is self evident. Management as applied to business activities in its Degree/Diploma form is popularly referred in University system as MBA or PGDBM. It is necessary to recognize that management, as a discipline is neither confined to business nor to just administration. It has its own core body of knowledge and distinct method. Recognizing the fact that management students come from a very wide range of backgrounds, it is recommended that they be put through certain carefully planned programmes of preparation for management education. It is felt that students coming from quantitative background should be given sufficient orientation to social science approaches and those coming from non quantitative areas should be given orientation in quantitative techniques. This should be by way of bridge courses in which a minimal proficiency must be obtained. It has been concluded that there is wide scope for new management colleges.
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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BACHELOR OF PHYSIOTHERAPY COLLEGE (B. Pt. COLLEGE) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement

This course provides the learning experiences to gain the knowledge, skills, attitudes and behaviors expected of an entry level physiotherapist. It has a hybrid structure using curriculum based learning to efficiently learn foundation knowledge together with case studies and clinical practice to integrate knowledge into clinical decision making. It also emphasizes evidence-based practice and encourages students in critical thinking. Physiotherapy (B. Sc. Physio) The School offers a primary degree, which is recognized by the Indian Society of Chartered Graduates obtain a complete professional education and are ready to practice on graduation. Clinical practice of 1000 hours is provided for each student in 42 hospitals & clinical centers around Indian Hospital. The full-time four years course leads to the Degree of Bachelor of Science (Physiotherapy) and to recognition by the professional society of physiotherapists in India. Courses studied by these students in their first year would include First Year B. Physiotherapy courses and examinations in Anatomy, Kinesiology, Manipulative Procedures and Second Year Bachelor of Physiotherapy courses and examinations in Anatomy, Physiology, Biomechanics and Kiniesiology, Applied Physics and Electrotherapy, Therapeutic Movement, Manipulative Procedures and Practice of physiotherapy. The courses and examinations in Third and Fourth Year B. Physiotherapy include Biomechanics, Psychology, Sociology, Psychiatry, statistics and research Methodology as well as Practice of physiotherapy. This should facilitate integration of these subjects with clinical practice and research dissertation preparation in third and fourth years students obtain 1,000 hours of clinical practice hospitals. Professional skills are tested by continuous assessment and final year students undertake a clinical examination. There is a good scope for starting a physiotherapy college
Plant capacity: -Plant & machinery: -
Working capital: -T.C.I: -
Return: 1.00%Break even: N/A
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DENTAL COLLEGE - 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

"Dentisitry - The science and art of preventing diagnosing and treating diseases and malformation of and injuries to the teeth mouth and Jaws and of replacing lost teeth and associated structures. Dental therapy involves the replacement of hard and soft oral tissues that are lost through disease with inert material (metallic, ceramic and organic) or with Composites employing Combination of these there broad classes. The operative restoration and prostheses are made of amalgam, Chromium based alloys, precious metal alloys, special cements, synthetic polymers and porcelain, all of which much withstand the rigors of the oral environment. The accessory materials needed in the fabrication procedures include synthetic polymers, gums, and waxes, both synthetic and Natural, hydrocolloids, gypsums, and refractories etc. Emerging trend of internationalization of higher education is reflected in the increased student mobility Number of people pursuing higher education studies outside their Country of origin increased by almost 30% over the last decade. The world today is more inter-dependent that it was merely 5 years ago. During last year, nearly 34,000 Indian students or professionals have gone abroad. Australia and Europe are other favourite destinations. Nearly 3/4th of them do not return after their studies preferring to stay abroad. More than 75% of these knowledge workers (Student/professional) have benefited from higher education in India No estimates of the Subsidies on them are available. Most students going abroad pay full fees. It is estimated that there is an outflow of Rs 2,000 Crores per year from this Country on account of higher education abroad. Liberal foreign exchange regulations have facilitated this process. The receiving Country benefits by getting migrant professionals having a value in them at no costs full fee students support their higher education in situations. From time to time various restrictive measures to contain the problems, have been Conceived but there has never been a Consensus except in Case of the Dental sector - Where we have certain restrictive provisions Restrictive policy in the Dental sector is expected to regulate the flow of Dentist and is influemed by highly subsidized education provided to them. This however takes care of only 15% of the total student outflow. It is not only medical education or even professional education entire higher education is highly subsidized in India. Therefore regulatory mechanism if any need to be evolved for the higher / professional education sector, system as a whole. There has been phenomenal expansion in the facilities for Professional education, Medical, Dental, Technical, management etc. In the expanded professional education, we have today a large numbers of privately run and self financial institutions operating in different parts of the Country. This is as it should be because the establishment of a professional institution requires huge Capital investment and annual recurring expenditure and therefore if the private organizations are encouraged to set up institution, the public funds so saved can be used for expansion. There are few myths in the public and the government regarding private institution one such myth is that private institutions exploit the students and their parents by lavishing huge fees and other charges. However it is unfair to compare huge fees with those being charged in the public funded institution, where the fees are un-realistic, un-economical and have remained almost unchanged over the past four decades. Societies, trusts, Corporate Organization having proven achievements in education should be encouraged to start Dental College. They will bring a Climate of Competition and this help is improving academic standard. This will infuse new experimentation in Dental education.
Plant capacity: 100 Students in Dental College, 4 year course with Dental CollegePlant & machinery: 674 Lakhs
Working capital: -T.C.I: 1642 Lakhs
Return: 50.00%Break even: 43.00%
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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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