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.


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Buffing & Polishing Compound
Buffing & Polishing Compound

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Capacity : 0
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Corrosion Controlling Chemicals (Pipe Lines)
Corrosion Controlling Chemicals (Pipe Lines)

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Corrosion Controlling Chemicals (Pipe Lines)
Corrosion Controlling Chemicals (Pipe Lines)

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Ferrous Sulphate
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Tobacco Tooth Powder, Tooth Powder from Tobacco Dust
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Capacity : 0
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Rolling Mill
Rolling Mill

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Tomato Powder
Tomato Powder

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Metal Spectacle Frame
Metal Spectacle Frame

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Capacity : 0
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Plastic Spectacle Frame
Plastic Spectacle Frame

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Capacity : 0
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Rubber Band
Rubber Band

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Capacity : 0
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Start a Profitable Business of LV Control & Power Cables, MV Cables
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Break Even Point (BEP):0.00 %
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Aloe Vera Gel and Powder Manufacturing Business
Aloe Vera Gel and Powder Manufacturing Business

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Baby Cereal Food Manufacturing Industry
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Curry Leaves Essential Oil Extraction Business
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Cost of Project : 0.00Lakhs
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Low Tension Cables, LT Power Cables Manufacturing Industry
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TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Agar Agar (Bacteriological Grade) Manufacturing Industry
Agar Agar (Bacteriological Grade) Manufacturing Industry

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Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Cold Water Starch Production Business
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Capacity : 0
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Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Green Peas Processing and Preservation using IQF Technology
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Capacity : 0
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Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Aluminium Cans Manufacturing
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Rate of Return (ROR):27.00%
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TCI :0.00 Lakhs
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Readymade Khaini (Geeli)
Readymade Khaini (Geeli)

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Capacity : Geeli Readymade Khaini (Packed in 15 gms & 30 gms Size) : 1 MT/Day
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Rate of Return (ROR):72.00%
Break Even Point (BEP):27.00 %
TCI :0.00 Lakhs
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Corrugated Cartons
Corrugated Cartons

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Capacity : 3500 Kgs./Day
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Rate of Return (ROR):25.00%
Break Even Point (BEP):56.00 %
TCI :0.00 Lakhs
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Arabic Gum
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Capacity : 16 MT/Day
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Rate of Return (ROR):28.00%
Break Even Point (BEP):57.00 %
TCI :0.00 Lakhs
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Gypsum Plaster Board
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Capacity : 50000 Sq.mt./Day
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Rate of Return (ROR):34.00%
Break Even Point (BEP):32.00 %
TCI :0.00 Lakhs
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Macaroni, Spaghetti, Vermicelli and Noodles
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Rate of Return (ROR):28.00%
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TCI :0.00 Lakhs
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Roller Flour Mill  with Packaging (Automatic Plant)
Roller Flour Mill with Packaging (Automatic Plant)

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Capacity : Maida: 40 MT/Day Sooji : 15 MT/Day Wheat Flour : 8 MT/Day Wheat Bran : 17 MT/Day Besan : 20 MT/Day
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Rate of Return (ROR):29.00%
Break Even Point (BEP):56.00 %
TCI :0.00 Lakhs
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Adhesive (Fevicol Type)
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Capacity : 8 MT/Day
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Rate of Return (ROR):28.00%
Break Even Point (BEP):62.00 %
TCI :0.00 Lakhs
Cost of Project : 264.00Lakhs
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Chili Oil
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Rate of Return (ROR):27.00%
Break Even Point (BEP):45.00 %
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Truck Body Building Industry
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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Production of Linear Alkyl Benzene Sulphonic Acid (LABSA)
Production of Linear Alkyl Benzene Sulphonic Acid (LABSA)

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Capacity : 0
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Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Wood Chips
Wood Chips

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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Wood Pulp
Wood Pulp

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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Soda Water in Plastic Pouches
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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Pressure Cooker
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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Digital Cinema Projector Equipment and Software Development
Digital Cinema Projector Equipment and Software Development

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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Orphanage with School
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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Outdoor & Indoor Entertainment Centre
Outdoor & Indoor Entertainment Centre

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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Extraction of Tannin (Edible) from Areca Nut Waste
Extraction of Tannin (Edible) from Areca Nut Waste

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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Aluminium Angles, Channels, Doors & Windows
Aluminium Angles, Channels, Doors & Windows

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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Zari Yarn
Zari Yarn

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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Garden Pipe & Delivery Pipes
Garden Pipe & Delivery Pipes

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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Dental Materials Manufacturing Business
Dental Materials Manufacturing Business

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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Fiber Optic Cable Production
Fiber Optic Cable Production

Fiber Optic Cable Production. Optical Fiber Cable Manufacturing Industry

...
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Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Profitable Dry Fruits Processing Industry
Profitable Dry Fruits Processing Industry

Profitable Dry Fruits Processing Industry. Start a Dried Fruit & Nut Business. Pr... Read More

Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Hot Melt Adhesives Production for Corrugated Board
Hot Melt Adhesives Production for Corrugated Board

Hot Melt Adhesives Production for Corrugated Board. Investment Opportunities in Manuf... Read More

Capacity : 0
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Virgin Coconut Oil
Virgin Coconut Oil

Virgin coconut oil (VCO) is the oil obtained from the fresh and mature kernel of coconut by mechanical or natural mean... Read More

Capacity : Virgin Coconut Oil : 500 Ltrs/Day Defatted Coconut Powder : 208 Kgs/Day
Plant and Machinery cost: 139.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):24.00%
Break Even Point (BEP):43.00 %
TCI :0.00 Lakhs
Cost of Project : 622.00Lakhs
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Industrial Gases and  Speciality Gases Mixture
Industrial Gases and Speciality Gases Mixture

Industrial gas is a group of materials that are specifically manufactured for use in industry and are also gaseous at ambient temperature and press... Read More

Capacity : Oxygen Gas (7M3 each Cylinder) : 300 Nos/Day Nitrogen Gas (7M3 each Cylinder) : 100 Nos/Day
Plant and Machinery cost: 177.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):25.00%
Break Even Point (BEP):62.00 %
TCI :0.00 Lakhs
Cost of Project : 307.00Lakhs
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Biodegradable Plastic Products (Bags, Plates & Glasses)
Biodegradable Plastic Products (Bags, Plates & Glasses)

Biodegradable plastics are mainly derived from corn, wheat and potato starch. Biodegradable plastics products are ther... Read More

Capacity : Bio-Plastic Glasses (wt. each Glass 16 gms) : 62500 Pcs/Day Bio-Plastic Plates (wt. each Plate 40
Plant and Machinery cost: 156.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):28.00%
Break Even Point (BEP):41.00 %
TCI :0.00 Lakhs
Cost of Project : 789.00Lakhs
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LPG Cylinder Refilling Plant
LPG Cylinder Refilling Plant

LPG cylinder filling plants vary considerably in size, complexity and layout. The type and size depends on such factor... Read More

Capacity : LPG Cylinders (14.2 Kgs Size) : 1000 Cylinders/Day LPG Cylinders (19 Kgs Size) : 1000 Cylinders/Day
Plant and Machinery cost: 110.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):26.00%
Break Even Point (BEP):45.00 %
TCI :0.00 Lakhs
Cost of Project : 427.00Lakhs
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High Tensile Nuts & Bolts (For Automobile Industry)
High Tensile Nuts & Bolts (For Automobile Industry)

A fastener is a connective mechanism that mechanically joins or affixes two or more objects together. A bolt is an externally threaded fastener des... Read More

Capacity : Mild Steel/HT Bolts (DR M8-M16) : 20 MT/Day Mild Steel/HT Nuts (DR M18-M30) : 6 MT/Day
Plant and Machinery cost: 378.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):26.00%
Break Even Point (BEP):55.00 %
TCI :0.00 Lakhs
Cost of Project : 744.00Lakhs
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Super Speciality Hospital
Super Speciality Hospital

This pre-feasibility report on Speciality/ Multi-speciality hospital consists of the feasibility detailing for three m... Read More

Capacity : 30 bedded
Plant and Machinery cost: 113.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):28.00%
Break Even Point (BEP):61.00 %
TCI :0.00 Lakhs
Cost of Project : 978.00Lakhs
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Dehydrated Onion
Dehydrated Onion

Dehydration process appears to be a variation on the air-drying process and is based on the principle of vapor pressur... Read More

Capacity : Dehydrated Onion Sliced/Chopped : 300 MT/Annum Cattle Feed as by product : 210 MT/Annum
Plant and Machinery cost: 69.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):57.00 %
TCI :0.00 Lakhs
Cost of Project : 199.00Lakhs
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Thinners and Solvent Thinners  (Blending and Bottling)
Thinners and Solvent Thinners (Blending and Bottling)

A thinner is a solvent used to thin oil-based paints or clean up after their use. Commercially, solvents labeled "Pain... Read More

Capacity : Thinner (1 Ltrs Size) : 4000 Bottles/Day Solvent Thinner (1 Ltrs Size) : 4000 Bottles/Day
Plant and Machinery cost: 198.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):25.00%
Break Even Point (BEP):56.00 %
TCI :0.00 Lakhs
Cost of Project : 395.00Lakhs
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Solar Power Plant
Solar Power Plant

Solar power is one of the most promising renewables. It is reliable and less vulnerable to changes in seasonal weather... Read More

Capacity : 1 MW
Plant and Machinery cost: 411.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):0.00%
Break Even Point (BEP):0.00 %
TCI :0.00 Lakhs
Cost of Project : 811.00Lakhs
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Solar Panel
Solar Panel

A solar panel is a collection of solar cells. Solar panel refers either to a photovoltaic module, a solar thermal ener... Read More

Capacity : 25 MW
Plant and Machinery cost: 161.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):54.00%
Break Even Point (BEP):28.00 %
TCI :0.00 Lakhs
Cost of Project : 804.00Lakhs
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Cold Storage
Cold Storage

A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out ... Read More

Capacity : Cold Storage (Fruits, Vegetables, Pulses & Spices Store) : 5000 MT
Plant and Machinery cost: 120.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):18.00%
Break Even Point (BEP):54.00 %
TCI :0.00 Lakhs
Cost of Project : 665.00Lakhs
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Red Oxide Primer From Mill Scale
Red Oxide Primer From Mill Scale

Red oxide primer is a specially formulated coating used as a base coat for ferrous metals. Red-oxide primer serves a s... Read More

Capacity : Red Oxide Primer (Each Packed in 20 Ltrs Container) : 1000 Packs/Day Red Oxide Primer (Each Packed i
Plant and Machinery cost: 292.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):28.00%
Break Even Point (BEP):56.00 %
TCI :0.00 Lakhs
Cost of Project : 1016.00Lakhs
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Jute Shopping Bags
Jute Shopping Bags

Jute fabrics are strong, durable, light, color fast, attractive and cheaper than most fabrics made from other fibers. ... Read More

Capacity : 2400 Nos/Day
Plant and Machinery cost: 4.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):32.00%
Break Even Point (BEP):82.00 %
TCI :0.00 Lakhs
Cost of Project : 22.00Lakhs
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PVC Conduit Pipes
PVC Conduit Pipes

PVC material is difficult to ignite and self-extinguishing (when flame removed) property/characteristic make it import...