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.

Production of Titanium Dioxide (TiO2)
Production of Titanium Dioxide (TiO2)

Production of Titanium Dioxide (TiO2). Highly Profitable Chemical Business Ideas Titanium dioxide (TiO2) is a naturally occurring mineral that is m...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Production of Sweetener from Rice
Production of Sweetener from Rice

Production of Sweetener from Rice. Rice Syrup Sweetener, Brown Rice Syrup Manufacturing Business. Brown Rice Syrup is a natural sweetener produced...

Capacity :

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Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Layer Poultry Farming Business
Layer Poultry Farming Business

Layer Poultry Farming Business. Start a Layer Chicken Farming Business for Egg Production. Layer poultry farming means raising egg laying poultry...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Profitable Opportunities in E-commerce Business
Profitable Opportunities in E-commerce Business

E-commerce -- electronic commerce or EC -- is the buying and selling of goods and services, or the transmitting of funds or data, over an electronic n...

Capacity :

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Plant and Machinery cost:

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Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Mango Pulp With Cold Storage
Mango Pulp With Cold Storage

Mango Pulp is prepared from selected varieties of Fresh Mango Fruit. Fully matured Mangoes are harvested, quickly transported to the fruit processing...

Capacity :

Mango Pulp: 32.50 MT/Day Mango Concentrate: 16.25 MT/Day

Plant and Machinery cost:

1885 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

47.00

TCI :

Cost of Project: Rs 3232 lakhs

Cost of Project :

323200000

Dehydrated Vegetables, Mushroom and Soup
Dehydrated Vegetables, Mushroom and Soup

Dehydrating vegetables once dehydrated, they take very little room to store. Nutrients aren’t destroyed as they are with canning. Nothing is spoiled....

Capacity :

Dehydrated Vegetables, Mushroom & Soup: 3130 Packs/Day

Plant and Machinery cost:

102 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

62.00

TCI :

Cost of Project: Rs 394 lakhs

Cost of Project :

39400000

Grape Wine
Grape Wine

Wine can be made from grapes, fruits, berries etc. Most wine, though, is made from grapes. And no matter what the wine is made from, there must be fer...

Capacity :

Grape Wine (Each Bottle 750 ml Size): 444 Bottles/Day

Plant and Machinery cost:

Rs 164 lakhs

Working Capital :

-

Rate of Return (ROR):

29.00

Break Even Point (BEP):

39.00

TCI :

Cost of Project: Rs 615 lakhs

Cost of Project :

61500000

Baby Diaper and Sanitary Napkins
Baby Diaper and Sanitary Napkins

A diaper or nappy is a kind of underwear that allows one to defecate or urinate in a discreet manner. Most materials in the diaper are held together w...

Capacity :

Sanitary Napkins (8 Pcs/Pkt) : 31250 Packets/Day Baby Diapers (4 Pcs/Pkt): 25000 Packets/Day

Plant and Machinery cost:

704 lakhs

Working Capital :

-

Rate of Return (ROR):

30.00

Break Even Point (BEP):

48.00

TCI :

Cost of Project: Rs 1331 lakhs

Cost of Project :

133100000

Potato Powder, Granules and Pellets
Potato Powder, Granules and Pellets

Potato powder is increasingly being used in a variety of food preparations like snack foods, soups, curries and other dishes as a thickening agent. Po...

Capacity :

Potato Powder: 5 MT/Day Potato Granules : 2.50 MT/Day Potato Pellets: 2.50 MT/Day

Plant and Machinery cost:

726 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

49.00

TCI :

Cost of Project: Rs 1068 lakhs

Cost of Project :

106800000

Banana, Onion, Orange and Tomato Powder
Banana, Onion, Orange and Tomato Powder

The fruit & vegetable powders are specialized foods that have extremely high concentration of vitamins, minerals and phytonutrients. They make a great...

Capacity :

Banana Powder: 625 Kgs./Day Onion Powder: 300 Kgs./Day Orange Powder: 500 Kgs./Day Tomato Powder: 500 Kgs./Day

Plant and Machinery cost:

Rs 98 lakhs

Working Capital :

-

Rate of Return (ROR):

25.00

Break Even Point (BEP):

65.00

TCI :

Cost of Project: Rs 401 lakhs

Cost of Project :

40100000

Ethyl and Butyl Acetate
Ethyl and Butyl Acetate

Ethyl and butyl acetates are solvents used in surface coatings, inks, flavorings and pharmaceuticals, and other applications. Ethyl acetate (systemati...

Capacity :

Ethyl Acetate: 8.3 MT/Day Butyl Acetate: 8.3 MT/Day

Plant and Machinery cost:

Rs 239 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

0.00

TCI :

Cost of Project: Rs 546 lakhs

Cost of Project :

54600000

Razor Blade
Razor Blade

A razor is a bladed tool primarily used in the removal of unwanted body hair through the act of shaving. Kinds of razors include straight razors, disp...

Capacity :

Razor Blade (Double Edge): 100,000 PKTS/Day

Plant and Machinery cost:

Rs 681 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

54.00

TCI :

Cost of Project: Rs 1325 lakhs

Cost of Project :

132500000

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