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

 

Nagaland is a state in North East India. It borders the state of Assam to the west, Arunachal Pradesh and part of Assam to the north, Burma to the east and Manipur to the south. The state capital is Kohima, and the largest city is Dimapur. It has an area of 16,579 square kilometers (6,401 sq mi) with a population of 1,980,602 per the 2011 Census of India, making it one of the smallest states of India.

ECONOMY

Literacy rate in Nagaland has seen upward trend and is 79.55 percent as per 2011 population census. Of that, male literacy stands at 82.75 percent while female literacy is at 70.01 percent. Total literates in Nagaland stands at 1,342,434 of which males were 723,957 and females were 618,477.

Nagaland has basically an agricultural economy. A great ambition of the villager is to have a bumper harvest. The economy of the state is predominantly based on agriculture. The major land use pattern is slashed and burn cultivation locally known as jhum. About 1, 01,400 hectare of land is under jhum cultivation. Rice is the dominant crop and also the staple diet of the people. Of the gross cropped area under food grains, rice accounts for about 84.4%. Oil seeds are also an important crop. It includes Rapeseed, mustard etc. Coffee cardamom and tea are grown as plantation crops in Nagaland.

INDUSTRY

The age old industry of the state is cottage industry which plays a vital role in the village's economy. Cottage industries which deserve emphasis are -

1.       Weaving and dyeing

2.       Work in cane

3.       Work in wood, black smithy, pottery and excavation of salt, pulp and paper mill.

Spinning and weaving were the only significant industry in the Naga Hills until independence. Mill made yarn, by virtue of its easy availability and cheapness is steadily substituting the thread, spun locally. In course of time, indigenous spinning would probably become extinct unless the Nagas switched over to modern techniques. Weaving, however, continues to be popular. The state is trying to encourage small-scale and cottage industries. This will reduce the pressure on land, ensure a larger employment potential and lead to a balanced regional development. Weaving training-cum-production centres have been set up at Mokokchung and Dimapur, a Cottage industry training-cum-production centre has come up at Mon, and a cottage industries training centre at Aghunato. Three medium-level industries have been established by the government for the development of Industrial Sector. The Nagaland sugar mill at Dimapur has an installed capacity of 1,000 tonnes of cane per day.

MINERAL BASED INDUSTRY

Nagaland is rich in mineral resources. The exploration carried out by the State Geology and Mining Department as well as by other Central Agencies such as Geological Survey of India, Oil and Natural Gas Corporation Ltd., etc. have established several mineral reserves. There is urgent need for enhancing the pace of exploration especially for untapped potential for hydro-carbon deposits and metallic deposits, by infusing both the latest technology and required funds from domestic and foreign investors. the huge reserves of more than 1000 million tonnes of high chemical grade limestone in the Eastern Nagaland is a major prospect for setting up of mineral resource based industries.

Atomic Minerals Division and Central Ground Water Board have established the following mineral reserves which can be exploited for commercially purposes:

•        Petroleum & Natural Gas

•        High grade limestone

•        Marble and dimensional/decorative stones

•        Coal

•        Nickel-Cobalt-Chromium bearing ore

The policy is to facilitate rapid and sustained industrial development in the state through enhanced investment, an investor friendly environment, provision of infrastructure and institutional support, attractive incentive package and optimum utilization of existing resources in order to gainfully exploit emerging opportunities in the national and international markets and generate substantial income and employment avenues for the people of Nagaland.

OBJECTIVES OF THE POLICY

•        Create gainful employment opportunities for local population.

•        Develop human resources and bring about improvement in the quality of life by promoting industrial ventures in sectors in which the State has a comparative advantage.

•        Develop marketing facilities for industrial products.

•        Encourage large and medium scale mother industries in the public, private, joint and assisted sectors to create an industrial base making use of the available resource base of the State in selective categories compatible with the local environment and ecology.

•        Develop marketing facilities for industrial products.

•        Encourage large and medium scale mother industries in the public, private, joint and assisted sectors to create an industrial base making use of the available resource base of the State in selective categories compatible with the local environment and ecology.

The salient features of the Nagaland State Industrial Policy among others are the areas of:

•        Food processing industries

•        Tourism industries

•        Agro forest based industries

•        Handloom and handicraft

AGRO-BASED INDUSTRIES

Policy on Agro-Allied Sectors shall be formulated by the state Government with long terms Projections on targets, area coverage, production levels and areas of emphasis in terms of farming, Processing and marketing activities. The Government shall also take concrete steps for improvement of Bio-technology and modernization of agriculture in the state with a view to enhance quantitative and Qualitative targets in these core Sectors.


HANDLOOM AND HANDICRAFTS

Handicrafts and handloom sector in Nagaland have vast potential for growth due to the availability of abundant skilled labor and raw materials, as well as due to rich cultural traditions of its people. Nagas are inherently skilled people and their handicrafts and handloom products are well known for the beauty and intricacies of work. These products have widespread appeal and demand in the domestic as well as offshore markets. The natural skills of Nagas lie in basketry, pottery, cultivation, spinning and weaving, carving, dyeing metal work, etc. The colorful shawls, bags and jackets woven by Nagas are extremely popular.

The Nagaland Handloom & Handicrafts Development Corporation and the Nagaland Khadi& Village industries

•        As a promotional agency to extend assistance to entrepreneur and also to market the                          products of the artisan and cottage industry. 

•        As institution to fund projects of entrepreneurs in cottage and tiny sector.

The Nagaland Industrial Development Corporation Limited (NIDC) is a Government of Nagaland undertaking,  with the objective to promote, develop, establish and assist industries in the State. NIDC had set up a Sugar Mill Project and its ancillary Distillery Project at Dimapur. NIDC manages and maintains two Industrial Estates at Dimapur, which were taken over from the State Government in 1976. The Industrial Estates covering a total area of 40 acres has 25 ready built Standard Factory Sheds, which are rented out to industrial units at concessional rates. In the hospitality industry, NIDC’s wholly owned subsidiary, Nagaland Hotels Limited, has established the only two hotels with Three Star facilities, at Kohima and Dimapur. Through its thrust in the transport sector, has created a genre of private transport operators and today there are private taxis and buses servicing every remote reach of the State thereby alleviating the transport and communication bottlenecks, a crucial infrastructure for development.

FINANCIAL RESOURCES

The possible financial sources for industrial growth in the state are identified as under: 

•        State budget 

•        Central assistance 

•        Institutional financing 

•        Foreign assistance 

•        Private sector investments, from within and outside. 

•        Internal and outside resources mobilization through shares, debentures, securities and bonds etc. 

The important natural resources of the state of Nagaland are in the form of its rivers, forests and its mineral resources.

Rivers 

There are four main rivers flowing through Nagaland, these are Dhansiri, Doyang, Dikhu and Jhanji. Some of the tributaries of the mighty Brahmaputra also flow through this state before finally merging.

Forests

Nagaland is endowed with rich forest resources including various types of flora and fauna. About 20% of the total geographical area is under the cover of tropical and sub-tropical evergreen forests - including palms, bamboo and rattan as well as timber and mahogany forests.

Minerals

Nagaland is rich in mineral resources including coal, limestone, iron, nickel, cobalt, chromium, and marble. But these are yet to be explored.

SCOPE OF INVESTMENT

•        Office Complexes

•        Multiplexes

•        IT Parks

•        Commercial Infrastructure

 

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• 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.

 

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

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TCI :0.00 Lakhs
Cost of Project : 133.00Lakhs
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How to Start A Business of Auto Piston
How to Start A Business of Auto Piston

An 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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A Business Plan for Seaworthy Containers
A Business Plan for Seaworthy Containers

Seaworthy containers are a new type of shipping container that have been designed to withstand the condit... Read More

Capacity : Standard Seaworthy Container Size: 20Ft 2,400 Nos. Per Annum
Plant and Machinery cost: 907.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):28.00%
Break Even Point (BEP):43.00 %
TCI :0.00 Lakhs
Cost of Project : 2040.00Lakhs
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Setup Extraction of Salt  From Sea Water  Plant
Setup Extraction of Salt From Sea Water Plant

 

Extraction of salt from sea water is a process by which salt is removed from the seawater. Salt... Read More

Capacity : Iodized Salt: 30,000 MT per annum, Industrial Salt: 30,000 MT per annum
Plant and Machinery cost: 1156.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):29.00%
Break Even Point (BEP):41.00 %
TCI :0.00 Lakhs
Cost of Project : 2776.00Lakhs
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A business Plan For Surgical Sutures (Assembling)
A business Plan For Surgical Sutures (Assembling)

Surgical sutures are a vital part of the medical industry and are used in numerous medical procedures. Su... Read More

Capacity : Surgical Sutures: 450,000 Boxes per annum
Plant and Machinery cost: 169.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):63.00 %
TCI :0.00 Lakhs
Cost of Project : 877.00Lakhs
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Starting up production of  Glycerol Monostearate
Starting up production of Glycerol Monostearate

Glycerol monostearate is an organic compound that is derived from glycerol and used as an emulsifier, thi... Read More

Capacity : Glycerol Monostearate: 900 MT Per Annum
Plant and Machinery cost: 93.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):29.00%
Break Even Point (BEP):64.00 %
TCI :0.00 Lakhs
Cost of Project : 320.00Lakhs
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Startup A Business of Double and Single Wall Vacuum Steel Bottles Setup the Manufacturing Plant of Double and Single Wall Vacuum Steel Bottles
Startup A Business of Double and Single Wall Vacuum Steel Bottles Setup the Manufacturing Plant of Double and Single Wall Vacuum Steel Bottles

Because the double-walled design prevents condensation on the outside of the bottle... 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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Now Is The Time To Take Control Of Your Future And Start A Business
Now Is The Time To Take Control Of Your Future And Start A Business

 

Starting a busine... 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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Start Production of Potato Chips And  Extruded Snack Food  (Kurkure Type)
Start Production of Potato Chips And Extruded Snack Food (Kurkure Type)

Potato Chips a... Read More

Capacity : Potato Chips: 150,000 Kgs Per Annum Kurkure Type Snacks: 150,000 Kgs Per Annum
Plant and Machinery cost: 43.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):30.00%
Break Even Point (BEP):71.00 %
TCI :0.00 Lakhs
Cost of Project : 121.00Lakhs
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Setup Cashew Nut Processing Plant
Setup Cashew Nut Processing Plant

Cashew nut pro... Read More

Capacity : Cashew Nut Processing: 4,794 Kgs Per Day
Plant and Machinery cost: 600.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):23.00%
Break Even Point (BEP):76.00 %
TCI :0.00 Lakhs
Cost of Project : 1100.00Lakhs
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Start a Business of Particle Board  From Rice Husk
Start a Business of Particle Board From Rice Husk

Particle board, also known ... Read More

Capacity : Particle Board (Size 4ftx8ftx16 inch.): 150,000 Nos. Per Annum
Plant and Machinery cost: 200.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):30.00%
Break Even Point (BEP):70.00 %
TCI :0.00 Lakhs
Cost of Project : 1100.00Lakhs
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A Business Plan for Wood Plastic Composite (WPC)
A Business Plan for Wood Plastic Composite (WPC)

Wood Plastic C... Read More

Capacity : Wood Plastic Composite (WPC): 10 Million Sq.Ft. per annum
Plant and Machinery cost: 406.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):61.00 %
TCI :0.00 Lakhs
Cost of Project : 790.00Lakhs
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Start a Production Of Soda Ash  By Solvay Process
Start a Production Of Soda Ash By Solvay Process

Soda ash, or sodium carbonate, is a white, powdery chemical commonly used in the prod... Read More

Capacity : Soda Ash (Na2CO3): 200,000 MT Per Annum, Ammonium Chloride (NH4Cl): 200,000 MT Per Annum
Plant and Machinery cost: 105000.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):14.00%
Break Even Point (BEP):43.00 %
TCI :0.00 Lakhs
Cost of Project : 1265.00Lakhs
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Setup Plant OF Hot Dip Galvanizing
Setup Plant OF Hot Dip Galvanizing

 

Hot ... Read More

Capacity : All Types of MS Structure 120 MT per day
Plant and Machinery cost: 619.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):25.00%
Break Even Point (BEP):42.00 %
TCI :0.00 Lakhs
Cost of Project : 2647.00Lakhs
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A Business Plan for Potato Powder, Starch & Flakes
A Business Plan for Potato Powder, Starch & Flakes

Potato Powder, Starch & Flakes are a range of products derived from the tuber of ... Read More

Capacity : -
Plant and Machinery cost: 0.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):58.00 %
TCI :0.00 Lakhs
Cost of Project : 0.00Lakhs
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Start a Business of Lithium Ion Battery (Battery Assembly)
Start a Business of Lithium Ion Battery (Battery Assembly)

A lithium-ion or Li-ion battery is a type of rec... Read More

Capacity : Lithium-Ion Battery 60,000 Nos per Annum
Plant and Machinery cost: 172.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):29.00%
Break Even Point (BEP):61.00 %
TCI :0.00 Lakhs
Cost of Project : 812.00Lakhs
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Best Industry Business Plan Is Zeolite 4a! (Detergent Grade)
Best Industry Business Plan Is Zeolite 4a! (Detergent Grade)

The Product:... 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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Startup Most Growing and Demanding industry Business plant of Fiberglass Transparent LPG Cylinders
Startup Most Growing and Demanding industry Business plant of Fiberglass Transparent LPG Cylinders

Product: 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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Start a Production Of Compressed Biogas
Start a Production Of Compressed Biogas

Compressed bio gas (CBG) is a renewable energy source produced from organic material such as agricultural... Read More

Capacity : Compressed Bio Gas 6 MT Per Day Spent Slurry as Manure 60 MT Per Day
Plant and Machinery cost: 172.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):46.00 %
TCI :0.00 Lakhs
Cost of Project : 522.00Lakhs
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Start Industry Of Craft Beer
Start Industry Of Craft Beer

Craft beer is a term used to describe a beer that has been made in a traditional and independent fashion. It is usually made in smaller batches wit... Read More

Capacity : Craft Beer (Bottles 650 ml Size) 3,847 Bottles per day Craft Beer (Al. Cans 500 ml Size) 5,000 Bot
Plant and Machinery cost: 780.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):49.00 %
TCI :0.00 Lakhs
Cost of Project : 2007.00Lakhs
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Setup plant of  Acetate Tow  for Cigarette Filters
Setup plant of Acetate Tow for Cigarette Filters

Acetate tow is a type of material used in the cigarette industry to make filters. It is made of cellulose acet... Read More

Capacity : Acetate Tow 8 MT Per Day
Plant and Machinery cost: 542.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):29.00%
Break Even Point (BEP):50.00 %
TCI :0.00 Lakhs
Cost of Project : 1426.00Lakhs
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Setup Plant  Of Titanium Dioxide From Rutile Ilmenite Ore
Setup Plant Of Titanium Dioxide From Rutile Ilmenite Ore

Titanium dioxide from rutil... Read More

Capacity : Titanium Dioxide 4 MT Per Day
Plant and Machinery cost: 390.00 Lakhs
Working Capital : 0.00
Rate of Return (ROR):27.00%
Break Even Point (BEP):62.00 %
TCI :0.00 Lakhs
Cost of Project : 1455.00Lakhs
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NameCapacityRate of return (ROR):Cost of project
Manufacturing of Hand San... 0 0.00 0.00
Production of Herbal Ayur... 0 0.00 0.00
Gold and Diamond Jeweller... Gold Jewellery:9.50 Kgs /day Gold Plus Diamond Jewellery :2.38 Kgs / day 34.00 2504.00
Skill Development Centre Engineering Graduates: 250 Students / Batch Supervisory & Workmen Cadre: 250 Students / Batch Each B 15.00 1228.00
Hand Sanitizer Hand Sanitizer (50 ml size Bolltes):10,000 Bottles/day 31.00 156.00
Particle Board from Wheat... Particle Board (Size 6x3x0.471') : 5,000,000.0 Sq.Mtrs. / Annum 28.00 930.00
2nd Revised Edition of Th... 0 0.00 0.00
Business Ideas and Opport... 0 0.00 0.00
Manufacturing Opportuniti... 0 0.00 0.00
Production of A4 and A3 S... 0 0.00 0.00
Investment Opportunities ... 0 0.00 0.00
Fresh Dips Fresh Dips 50 gms Size Pkts: 1,500,000 Pkts per annum Fresh Dips 20 gms Size Pkts: 3,750,000 Pkts 30.00 213.00
Electric PCC Poles Electric Pre-stressed Concrete Cement Poles: 24,000 Nos. per annum 0.00 487.00
Biodegradable Plastic Pel... 1,200,000 Kgs per Annum 29.00 407.00
Helmet Manufacturing 1,200 Nos. per day 26.00 602.00
Bamboo Toothbrush Bamboo Toothbrush (4 Pcs. per Pack): 2,280 Packs per day Bamboo Toothbrush (1 Pc. per Pack): 9,120 P 27.00 695.00
Fruits & Vegetables Powde... 0 0.00 0.00
Production of Biodegradab... 0 0.00 0.00
Electric Motor Rewinding ... 0 0.00 0.00
Fresh water fish processi... 0 0.00 0.00
Most Successful Small Bus... 0 0.00 0.00
Ferrochrome Manufacturing... Ferrochrome 135 MT Per Day 10.00 40400.00
Start a Business Of LPG C... LPG Cylinders (14.20 Kgs Size) 3,334.0 Nos. per day LPG Cylinders (19 Kgs Size) 3,334.0 Nos. per day 32.00 3475.00
Start Banana Wine Product... Banana Wine (750 ml size Bollte) 2,960 Bottles per day 25.00 1189.00
Activated Carbon From Ric... Activated Carbon 2,000 Kg Per Day 25.00 606.00
Set Up Activated Carbon F... Activated Carbon 2,000 Kg Per Day 25.00 606.00
Set Up Business of Flat G... 0 0.00 0.00
Set Up Business of Double... 0 0.00 0.00
A Business Plan for Bio-D... 10,000 MT Per Annum 28.00 8100.00
Sulphur Powder Manufactur... 20,000 MT Per Annum 24.00 4318.00
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