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

Sikkim is an Indian state situated in the Himalayas and is known to be landlocked. It is the least populous state in the country and the second smallest in area after Goa. In the past few years, the Sikkim Government has tried its level best to promote tourism in the state and has been successful in its task as well. The world's third highest mountain, Mt. Kanchenjunga, dominates this tiny Himalayan State with its beauty and majesty. The State is one of the 18 biodiversity hotspots in the world. It includes nearly one third of the total species of angiosperm found in the country; around 4,000 species of flowering plants; 300 species of ferns and allies; 144 species of mammals; 500 to 600 species of birds and so on. Rare Blue Sheep, Tibetan Mastiff, Yaks and Red Pandas are also found here. Such natural beauty along with ideal climatic condition of the State augurs well for the tourism industry. The green image of the State has made it an attractive investment destination.

It is a popular tourist destination owing to its culture, scenery and biodiversity. Kanchenjunga the world’s 3rd highest peak is the state’s highest point. The state’s economy is largely agrarian based on the terraced farming of rice, it also produces more cardamom than any other Indian state and is home to the largest cultivated area of cardamom. It lacks a large scale industrial base, brewing, distilling, tanning and watch making are the main industries. Noodle based dishes such as thukpa and chowmein are common, it is also the 3rd highest per capita alcoholism rate amongst all Indian states.

In Sikkim, agriculture is the main occupation of the inhabitants. Agriculture in Sikkim seems to be the basis of the socio-cultural pattern of the territory.

Sikkim is blessed by a fertile land that largely supports agriculture. The topography and the climatic condition of Sikkim is favorable for agriculture at Sikkim. Therefore, Sikkim witnesses a high yield every year. Among the chief crops grown in Sikkim are:

Wheat

Paddy

Maize

Barley

Buck wheat

Cardamom

Potatoes

Tea, etc.

It is noteworthy that Sikkim produces the highest amount of Cardamom in India. Sikkim is also known for housing the largest area of Cardamom field within the territory. Cardamom is among the two cash crops of Sikkim, besides potato. Sikkim is known for producing a special variety of tea that is known for its taste and quality throughout the world. One might come across a number of tea estates in Sikkim that form an integral part of Sikkim agriculture.

The important mineral resources of the state are copper-lead-zinc and silver reported in Bhotang, Rangpo and Dikchu in East Sikkim district. Occurrences of other minerals like dolomite, quartzite and steatite are reported in West Sikkim district. Limestone in North Sikkim district and Marble in East Sikkim and North Sikkim districts.

·         Bamboo and Cane Craft are deep rooted in traditional culture of the state.

·         Producer of Carpets of varied designs and high quality.

·         Handloom Products are famous for their beauty and intricate design.

·         Apparel and Garment making Unit at Barfok.

·         Carpet weaving at Makha.

·         Candle making at Namchi.

The above mentioned points proves that Northeast India has the potential to produce the country’s finest silk products, the same of which can be exported outside the country, elevating the economic standard and status of the Northeastern states besides putting Northeast in the cultural map of the world.

Please choose a project below related to this category.

Ready Mixed Concrete. RMC Production
Ready Mixed Concrete. RMC Production

Ready Mixed Concrete. RMC Production. Ready-Mix Concrete (RMC) Manufacturing Plant. A Revolution in Production of Concrete Ready-mix concrete (RMC) i...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Calcium Bromide
Calcium Bromide

Calcium bromide is the calcium salt of hydrobromic acid with the chemical formula of CaBr2. It is concentrated hygroscopic powder which will absorb wa...

Capacity :

Calcium Bromide (Liquid 50%): 10000 MT/Annum

Plant and Machinery cost:

Rs. 247 lakhs

Working Capital :

-

Rate of Return (ROR):

29.00

Break Even Point (BEP):

51.00

TCI :

Cost of Project: Rs. 1337lakhs

Cost of Project :

133700000

Admixtures Plant (Water Retarding Admixtures for Concrete)
Admixtures Plant (Water Retarding Admixtures for Concrete)

Water reducers, retarders, and super plasticizers are admixtures for concrete, which are added in order to reduce the water content in a mixture or to...

Capacity :

Water Retarding Admixture for Concrete: 20 MT/Day

Plant and Machinery cost:

Rs. 40 lakhs

Working Capital :

-

Rate of Return (ROR):

30.00

Break Even Point (BEP):

76.00

TCI :

Cost of Project: Rs. 160 lakhs

Cost of Project :

16000000

Bakery Products (Cake & Filled Croissants Puffs)
Bakery Products (Cake & Filled Croissants Puffs)

Bakery holds an important place in food processing industry and is a traditional activity.Bakery products, due to high nutrient value and affordabilit...

Capacity :

Cakes (200 gm): 720000 Pcs./Day Filled Croissants Puffs (60 gm): 480000 Pcs./Day

Plant and Machinery cost:

Rs.540 lakhs

Working Capital :

-

Rate of Return (ROR):

33.00

Break Even Point (BEP):

35.00

TCI :

Cost of Project: Rs. 12913 lakhs

Cost of Project :

1291300000

Soft Gelatin Capsules
Soft Gelatin Capsules

Soft gelatin (also called softgel or soft elastic) capsules consist of one piece hermetically-sealed soft shells. Soft gelatin capsules are prepared b...

Capacity :

Soft Gelatin Capsules: 3120000Nos./Day

Plant and Machinery cost:

Rs. 649 lakhs

Working Capital :

-

Rate of Return (ROR):

35.00

Break Even Point (BEP):

31.00

TCI :

Cost of Project: Rs. 10871 lakhs

Cost of Project :

1087100000

Cement Plant
Cement Plant

Cement is the binder component of concrete, the glue that holds the filler together to create a uniform, strong material. The filler in concrete consi...

Capacity :

Cement: 1000 MT/Day

Plant and Machinery cost:

Rs. 1732 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

57.00

TCI :

Cost of Project: Rs. 3952 lakhs

Cost of Project :

0

Residential Apartment
Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building o...

Capacity :

312 Nos./Annum

Plant and Machinery cost:

0

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

Cost of Project: Rs 10676 lakhs

Cost of Project :

0

Residential Apartment
Residential Apartment

Residential Apartment is a part of Housing, which has encouraging scope or development. House is a very complex term.A standard residential building o...

Capacity :

312 Nos./Annum

Plant and Machinery cost:

0

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

Cost of Project: Rs 10676 lakhs

Cost of Project :

0

Chocolate, Toffee and Candy Industry
Chocolate, Toffee and Candy Industry

The chocolate and confectionery products industry has traditionally been subject to significant fluctuations in demand.Chocolate is a key ingredient i...

Capacity :

Chocolate: 2000 Kgs./Day Toffee: 500 Kgs./Day Candy: 500Kgs./Day

Plant and Machinery cost:

Rs.305 lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

36.00

TCI :

Cost of Project: Rs. 1058 lakhs

Cost of Project :

105800000

Cow Urine (Gomutra)Processing and Packing
Cow Urine (Gomutra)Processing and Packing

Gomutra is not a toxic waste material. 95% of it is water, 2.5% consists of urea, and the remaining 2.5% is a mixture of minerals, salts, hormones and...

Capacity :

Distilled Cow Urine (Gomutra): 2000Lts./Day

Plant and Machinery cost:

Rs.22 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

68.00

TCI :

Cost of Project: Rs.187 lakhs

Cost of Project :

18700000

Biodegradable Plastic Bags from Corn Starch
Biodegradable Plastic Bags from Corn Starch

Corn starch has 25% amylose and 75% amylopectin. The amylose molecules loose lose water increase biodegradation characteristic and amylopectin molecul...

Capacity :

Biodegradable Plastic Bags (Per Bag 25 gms wt.) : 360 MT/Annum

Plant and Machinery cost:

Rs 298 lakhs

Working Capital :

-

Rate of Return (ROR):

25.00

Break Even Point (BEP):

61.00

TCI :

Cost of Project : Rs 606 lakhs

Cost of Project :

60600000

Dry Lemon Powder and Lemon Oil
Dry Lemon Powder and Lemon Oil

Spray dried lemon juice powder was used to enhance the acceptability and nutritive value.It reserves the most of bioactive ingredients of lemon and al...

Capacity :

Lemon Powder: 32 MT/Day Lemon Oil: 12 MT/Day

Plant and Machinery cost:

Rs. 721 lakhs

Working Capital :

-

Rate of Return (ROR):

33.00

Break Even Point (BEP):

51.00

TCI :

cost of project Rs.1983 lakhs

Cost of Project :

198300000

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