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

 

Meghalaya is a state in north-east India. The name means "the abode of clouds" in Sanskrit. As of 2011, the state has a population of 2,964,007 and is the 23rd most populous in the country. The population of Meghalaya as of 2014 is estimated to be 3,211,474. Meghalaya covers an area of approximately 22,430 square kilometers, with a length to breadth ratio of about 3:1

Meghalaya is predominantly an agrarian economy. Agriculture and allied activities engage nearly two-thirds of the total work force in Meghalaya. However, the contribution of this sector to the State's NSDP is only about one-third. Agriculture in the state is characterized by low productivity and unsustainable farm practices. Despite the large percentage of population engaged in agriculture, the state imports food from other Indian states.


TOURISM

 Meghalaya has some of the thickest surviving forests in the country and therefore constitutes one of the most important ecotourism circuit’s in India. The Meghalaya subtropical forests support a vast variety of flora and fauna. Meghalaya has 2 National Parks and 3 Wildlife Sanctuaries.   Meghalaya also offers many adventure tourism opportunities in the form of mountaineering, rock climbing, and trekking and hiking, water sports etc. The state offers several trekking routes, some of which also afford an opportunity to encounter rare animals such as slow loris, assorted deer and bear. The Umiam Lake has a water sports complex with facilities such as rowboats, paddleboats, sailing boats, cruise-boats, water-scooters and speedboats. Tourism in India is a growing industry, and as per World Tourism Organization predictions, India will be a leader in using tourism as an employment generator. The State of Meghalaya must be placed in a strategic position to take advantage of this growth.

“MEGHALAYA TOURISM DEVELOPMENT CORPORATION” has been set up for developing and promotion of Tourism in Meghalaya. The Corporation shall make efforts to increase its revenue to enable to carry out promotional activities. MTDC will organize package tours not only to Cherrapunjee but to other tourist destinations; organize training for guides, etc.

INDUSTRIAL SECTOR

The New Industrial & Investment Promotion Policy is designed to facilitate investments in new sectors across the State and thus ensure accelerated and sustained growth. The Policy focuses to attract, facilitate and promote wider expectations and high end investment.

There is an urgent need to promote investment in backward and difficult but resource rich areas. Therefore the policy provides additional incentives and support for such investments.


OBJECTIVE OF THE POLICY

•        To promote investment in all sectors

•        Generate employment opportunities for the local people in the industries and allied sectors.

•        To provide special incentives for promoting local Entrepreneurs in setting up of micro, small & medium manufacturing and service enterprises.

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage.

•        Achieve a balanced and growth oriented development covering the entire state through promotion of village and small scale industries.

•        Encourage need based development of local entrepreneurial skills through intensive motivation and training programmes at District, Sub-division and Block levels.

•        Provide guidance to prospective entrepreneurs by building up a data bank of project-profiles and other connected information. Special support to local entrepreneurs will be provided, and monitoring will be done to enable them to be successful.

•        Simplify rules and procedures by providing a single-window clearance facility for all investment proposals as applicable.

•        Promote Tourism, and make Meghalaya a tourist destination.

•        Promote IT as industries.

•        Promote first generation entrepreneurs. Government will encourage setting up of Entrepreneurship Development Institute by private or in PPP mode.

SALIENT FEATURES OF THE INDUSTRIAL POLICY

•        State Government believes in promoting private enterprises for speedy economic development of the State. The Government also stands committed to ensuring the healthy growth of existing industries. For this purpose, Government will ensure optimum number of industries by not permitting excess in any specific sector, thereby ensuring sustainability of existing business.

•        Enterprises promoted and managed by “Woman Entrepreneur”/physically challenged will get additional 10 % (ten percent) incentives on the State Capital Investment Subsidy.

•        Meghalaya has a long international border which needs immediate attention for development. To address this issue, 10 Kms towards the State from the International border is declared as “PRIORITY AREA” and enterprises set up within the 10 Kms area will be given special incentives to be known as “Border Area Subsidy”.

•        Government of Meghalaya recognizes:

1.       Hotels (not below two star category) and Amusement Parks.

2.       Medical and health services in the nature of nursing homes with a minimum capacity of 25 beds and Super – Specialty Health Care.

3.       Vocational training Institutes.


INDUSTRIES IDENTIFIED AS THRUST AREAS

                    Agro Based Industries :

   Horticulture – Based Units

   Biotechnology Based Units

   Medicinal Plants, Tea and Rubber

                       Animal Husbandry and Meat Processing Industries

         Development of Mineral based Industries:

      Coal-Based Industries

     Limestone Based Industries- Cement Plants, Lime Plants,

                      Calcium Carbide   Plants.

                       Electronics & Information Technology

INCENTIVES FOR LARGE AND MEDIUM SCALE INDUSTRIES

•        For large and medium scale industries, there are subsidies like capital investment subsidy, interest subsidy, power subsidy, subsidy on cost of pollution/quality-control measures, special subsidy for pioneer units in backward areas etc.

•        Exemption from the payment of applicable service tax for seven years to a "Tourism Unit"

•        Sales Tax exemption on sale of finished products for a period of seven years from the date of commercial production.

•        Reimbursement of Central Sales Tax (CST) paid on purchase of Capital Equipment installed till the date of project commissioning.

•        Partial exemption for applicable stamp duty.

INVESTMENT POLICIES

Meghalaya Government has always endeavored to set up the right kind of business climate to motivate investments in the State. In order to attract investment to the various sectors and thus contribute to the development of the economy as a whole.

The major being the industrial policy, which had been announced with a view to take advantage of the liberalized economic scenario in the country and also to keep pace with development in the national industrial sector are-

•        Generate employment opportunities for the local people in the industries and allied sectors

•        Develop human resources and bring about improvements in the quality of life by promoting industries in sectors where the state has comparative advantage. Create a conducive environment for industrial development by creation of the basic Infrastructural facilities and by setting up of industrial areas, growth centre and export promotion industrial park.

•        Provide preference to local Entrepreneurship in setting up of large, medium and small-scale units.

•        Promote local interests through joint ventures with external investors so as to facilitate technology transfer and capital flow by a package of suitable incentives.

•        Encourage setting up of export-oriented, Agro based, Mineral-based, Horticultural based and Electronic units as thrust area.

 

Reasons for buying our reports:

• This report helps you to identify a profitable project for investing or diversifying into by throwing light to crucial areas like industry size, market potential of the product and reasons for investing in the product

• This report provides vital information on the product like its characteristics and segmentation

• This report helps you market and place the product correctly by identifying the target customer group of the product 

• This report helps you understand the viability of the project by disclosing details like machinery required, project costs and snapshot of other project financials

• The report provides a glimpse of government regulations applicable on the industry

• The report provides forecasts of key parameters which helps to anticipate the industry performance and make sound business decisions.

 

Our Approach:

• Our research reports broadly cover Indian markets, present analysis, outlook and forecast for a period of five years.

• The market forecasts are developed on the basis of secondary research and are cross-validated through interactions with the industry players

• We use reliable sources of information and databases. And information from such sources is processed by us and included in the report


We can provide you detailed project reports on the following topics. Please select the projects of your interests.
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 ost 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. Many of the engineers, project consultant & industrial consultancy firms in India and worldwide use our project reports as one of the input in doing their analysis.


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.

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Soyabean Meat
Soyabean Meat

Soyabean meat is a vegetable meat which has property like original meat. Soyabean is abundantly produced in Madhya Pradesh. Production of soyabean ... Read More

Capacity : 2 MT/Day
Plant and Machinery cost: 17.00 Lakhs
Working Capital : 41.00
Rate of Return (ROR):24.60%
Break Even Point (BEP):0.00 %
TCI :103.00 Lakhs
Cost of Project : 103.00Lakhs
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Potato Chips Wafers in Different Flavours
Potato Chips Wafers in Different Flavours

Potato Chips/Wafers in Different Flavours

Potato is widely consumed as food all over the world. Potato chips are basically... Read More

Capacity : 2000 Kgs/Day
Plant and Machinery cost: 137.00 Lakhs
Working Capital : 91.00
Rate of Return (ROR):39.21%
Break Even Point (BEP):40.17 %
TCI :271.00 Lakhs
Cost of Project : 271.00Lakhs
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Atta Chakki Plant
Atta Chakki Plant

Atta is one of the staple and basic ... Read More

Capacity : 100 MT/Day
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.01%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Spices in Pouch Packing
Spices in Pouch Packing

Manufacturing of masalas basically can be in tiny scale and at the most may be in small scale. Spices and spice derivatives are predominantly used ... Read More

Capacity : 600 kgs./Day
Plant and Machinery cost: 11.00 Lakhs
Working Capital : 18.00
Rate of Return (ROR):46.73%
Break Even Point (BEP):44.64 %
TCI :41.00 Lakhs
Cost of Project : 41.00Lakhs
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Ice Cream of Different Flavours
Ice Cream of Different Flavours

Ice cream is defined as a frozen dairy product made by suitable blending and processing of cream and other milk products together with sugar, flavo... Read More

Capacity : 1000 Kgs/Day
Plant and Machinery cost: 13.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):58.78%
Break Even Point (BEP):31.65 %
TCI :98.00 Lakhs
Cost of Project : 98.00Lakhs
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Canning of Fruits (Pine Apples slices, Litchee, Cherries, Straw berries in syrup)
Canning of Fruits (Pine Apples slices, Litchee, Cherries, Straw berries in syrup)

The present level of annual production of fruits in India is about 60 million tones. Hardly 20% of the fruits produced in the country are used for ... Read More

Capacity : 5000 Cans/day
Plant and Machinery cost: 32.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):59.00%
Break Even Point (BEP):0.00 %
TCI :100.00 Lakhs
Cost of Project : 100.00Lakhs
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Vegetable Margarine Processing
Vegetable Margarine Processing

Margarine is one of the vegetable products of almost butter substitute. It is generally manufactured from vegetable oil by specially treatment over... Read More

Capacity : 600 MT/Annum
Plant and Machinery cost: 29.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):17.30%
Break Even Point (BEP):82.81 %
TCI :84.00 Lakhs
Cost of Project : 84.00Lakhs
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Fruits and Vegetable Dehydration by Osmo dehydration Process
Fruits and Vegetable Dehydration by Osmo dehydration Process

Fruits and vegetables are preserved for a long time by reducing its moisture content. There are various ways of reducing the various moisture conte... Read More

Capacity : 1 TPD Dried Grapes 10 TPD Dried Potatoes
Plant and Machinery cost: 112.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):42.52%
Break Even Point (BEP):73.89 %
TCI :321.00 Lakhs
Cost of Project : 321.00Lakhs
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Dairy Products & Milk Packaging in Pouches
Dairy Products & Milk Packaging in Pouches

Dairy products are basically based o... Read More

Capacity : 600 Kgs / Days
Plant and Machinery cost: 65.00 Lakhs
Working Capital : 361.00
Rate of Return (ROR):62.69%
Break Even Point (BEP):29.48 %
TCI :531.00 Lakhs
Cost of Project : 531.00Lakhs
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Bread Making Plant
Bread Making Plant

In modern days bread is now becoming one of the most essential food item in human diet due to its ready made availability and high nutritive value.... Read More

Capacity : 5000 Packets/Day
Plant and Machinery cost: 12.00 Lakhs
Working Capital : 11.00
Rate of Return (ROR):13.53%
Break Even Point (BEP):80.44 %
TCI :36.00 Lakhs
Cost of Project : 36.00Lakhs
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Poha (Rice Flakes)
Poha (Rice Flakes)

Poha or rice flakes are basically breakfast food. Rice flakes are derived from paddy, which is partially precooked and converted into form of flat ... Read More

Capacity : 10 Tonnes/Day
Plant and Machinery cost: 21.00 Lakhs
Working Capital : 82.00
Rate of Return (ROR):66.58%
Break Even Point (BEP):45.00 %
TCI :141.00 Lakhs
Cost of Project : 141.00Lakhs
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Corn Flakes in Various Shapes & Design
Corn Flakes in Various Shapes & Design

It is basically maize flour base enriched nutrition's food. It is made by using cooked maize flour in the flakers to p... Read More

Capacity : 1 MT Corn Flake/Day
Plant and Machinery cost: 10.00 Lakhs
Working Capital : 12.00
Rate of Return (ROR):40.00%
Break Even Point (BEP):45.00 %
TCI :35.00 Lakhs
Cost of Project : 35.00Lakhs
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Mineral Water
Mineral Water

The mineral water is one of the important items, which is directly consumed by people all over the world. Mineral water is bottled under very hygen... Read More

Capacity : 10,000 Litres/Day
Plant and Machinery cost: 60.00 Lakhs
Working Capital : 48.00
Rate of Return (ROR):32.28%
Break Even Point (BEP):33.76 %
TCI :170.00 Lakhs
Cost of Project : 170.00Lakhs
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Food Colours
Food Colours

Colouring of food can render it appealing in appearance. Food colours have been utilized since time immemorial. Besides this, colouring agents can ... Read More

Capacity : 500 Kg/Day
Plant and Machinery cost: 24.20 Lakhs
Working Capital : 28.81
Rate of Return (ROR):0.00%
Break Even Point (BEP):73.41 %
TCI :54.51 Lakhs
Cost of Project : 54.51Lakhs
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Honey Processing Plant
Honey Processing Plant

In India there is a growing awareness of the nutritional, medicinal and industrial uses of honey. Consequently, demand... Read More

Capacity : 100 Kg/Day
Plant and Machinery cost: 0.42 Lakhs
Working Capital : 8.00
Rate of Return (ROR):16.44%
Break Even Point (BEP):0.00 %
TCI :20.00 Lakhs
Cost of Project : 20.00Lakhs
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Chocolates
Chocolates

Chocolates is the favourite item of children. Chocolates and Cocoa products supply proteins, fats, Carbohydrates, Vitamins and Minerals. It?s prima... Read More

Capacity : 15000 Kgs/Annum
Plant and Machinery cost: 4.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):47.68%
Break Even Point (BEP):44.00 %
TCI :45.00 Lakhs
Cost of Project : 45.00Lakhs
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Egg Powder
Egg Powder

Egg powder is consumed on a large sc... Read More

Capacity : 36 Ton/Day
Plant and Machinery cost: 750.00 Lakhs
Working Capital : 941.00
Rate of Return (ROR):77.98%
Break Even Point (BEP):28.24 %
TCI :2104.00 Lakhs
Cost of Project : 2104.00Lakhs
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Jam, Jelly, Chutney, Pickles & Squashes
Jam, Jelly, Chutney, Pickles & Squashes

Among preserved fruits, jam, jellies, pickles and squashes forms an important class of products. Apart from fruit juices, squashes are also used in... Read More

Capacity : 2500 Kgs/Day
Plant and Machinery cost: 25.00 Lakhs
Working Capital : 87.00
Rate of Return (ROR):34.05%
Break Even Point (BEP):59.15 %
TCI :178.00 Lakhs
Cost of Project : 178.00Lakhs
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NameCapacityRate of return (ROR):Cost of project
Soyabean Meat 2 MT/Day 24.60 103.00
Potato Chips Wafers in Di... 2000 Kgs/Day 39.21 271.00
Atta Chakki Plant 100 MT/Day 0.01 0.00
Spices in Pouch Packing 600 kgs./Day 46.73 41.00
Ice Cream of Different Fl... 1000 Kgs/Day 58.78 98.00
Canning of Fruits (Pine A... 5000 Cans/day 59.00 100.00
Vegetable Margarine Proce... 600 MT/Annum 17.30 84.00
Fruits and Vegetable Dehy... 1 TPD Dried Grapes 10 TPD Dried Potatoes 42.52 321.00
Dairy Products & Milk Pac... 600 Kgs / Days 62.69 531.00
Bread Making Plant 5000 Packets/Day 13.53 36.00
Poha (Rice Flakes) 10 Tonnes/Day 66.58 141.00
Corn Flakes in Various Sh... 1 MT Corn Flake/Day 40.00 35.00
Mineral Water 10,000 Litres/Day 32.28 170.00
Food Colours 500 Kg/Day 0.00 54.51
Honey Processing Plant 100 Kg/Day 16.44 20.00
Chocolates 15000 Kgs/Annum 47.68 45.00
Egg Powder 36 Ton/Day 77.98 2104.00
Jam, Jelly, Chutney, Pick... 2500 Kgs/Day 34.05 178.00
Atta, Maida Suji & Wheat ... 15000 MT/annum Roller Flour Mill (Atta, Maida, Suji) 34.46 309.00
Bakery Industry 1243.70 Kgs./Day 30.79 74.00
Macaroni 55517 Pkts/Day 45.34 350.00
Medical College & Hospita... - 52.00 1700.00
Information Technology (... Area 15 Acres of Land 0.00 39369.00
Spice (Chilli) Oleoresin 50 Kg/Day 0.00 100.00
Soyabean Nuggets (Automat... 1 MT/Day 26.87 45.00
Fish Meal 30 Ton/Day 50.00 209.00
Tuti Fruity from Papaya F... 100 Kg./Day 24.00 14.00
Custard Powder 500 Kgs./Day 30.00 21.00
Spices 4.5 MT/Day 88.73 272.00
Baby Cereal Food 5.0 Tons/Day 48.63 280.00
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