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.

Poultry Feed
Poultry Feed

Poultry feed is food for farm poultry, including chickens, ducks, geese and other domestic birds. Healthy poultry require a sufficient amount of prote...

Capacity :

Poultry Feed: 16 MT/Day

Plant and Machinery cost:

Rs 43 lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

55.00

TCI :

Cost of Project: Rs 244 lakhs

Cost of Project :

24400000

Engineering College
Engineering College

“The nation's competitiveness depends, in part, on the skills of tomorrow's engineers.” As the saying goes, there is need of engineering college...

Capacity :

Engineering College: 40 Students each Branch, 6 Branches.Total Students in 4th Year 960 Nos.

Plant and Machinery cost:

Rs 571 lakhs

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

1.00

TCI :

Cost of Project: Rs 3065 lakhs

Cost of Project :

306500000

Aluminium Cables and Conductors From Molten Aluminium Metal/Aluminium Ingots
Aluminium Cables and Conductors From Molten Aluminium Metal/Aluminium Ingots

A cable is defined as the set of conductors, insulators, sheaths and armor protection or shielding, specifically built to carry the current both for e...

Capacity :

Aluminium Cables and Conductors : 25 MT/Day

Plant and Machinery cost:

376 lakhs

Working Capital :

-

Rate of Return (ROR):

29.00

Break Even Point (BEP):

52.00

TCI :

Cost of Project: Rs 1650 lakhs

Cost of Project :

165000000

Namkeens  (Dalmoth, Bhujia, Chana Chur and Khatta Meetha)
Namkeens (Dalmoth, Bhujia, Chana Chur and Khatta Meetha)

A Namkeen is seen in western culture as a type of food that is not meant to be eaten as part of the main meals of the day (breakfast, lunch, and diner...

Capacity :

Namkeen, Bhujia, Dalmoth, Chana Chur & Khatta Meetha: 10 MT/Day

Plant and Machinery cost:

221 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

53.00

TCI :

Cost of Project: Rs 495 lakhs

Cost of Project :

49500000

Cold Storage
Cold Storage

A cold storage is a temperature-controlled supply chain network, with storage and distribution activities carried out in a manner such that the temper...

Capacity :

Fruits & Vegetables Store: 2000 MT

Plant and Machinery cost:

79 lakhs

Working Capital :

-

Rate of Return (ROR):

23.00

Break Even Point (BEP):

52.00

TCI :

Cost of Project: Rs 281 lakhs

Cost of Project :

28100000

Curcumin
Curcumin

Curcumin is the main biologically active phytochemical compound of Turmeric. Molecular chemical formula of Curcumin: C21H20O6. The most important cons...

Capacity :

Curcumin Powder : 90 Kgs/Day Turmeric Oil: 90 Kgs/Day Deoiled Turmeric : 2800 Kgs/Day

Plant and Machinery cost:

Rs 628 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

49.00

TCI :

Cost of Project: Rs 990 lakhs

Cost of Project :

99000000

LPG Cylinder Refilling Plant
LPG Cylinder Refilling Plant

Liquefied Petroleum Gas is a Propane / Butane mixture liquefied under normal ambient temperature and moderate pressures. It is a safe, clean burning,...

Capacity :

LPG Refilling Cylinders : 16000 Pcs./Day

Plant and Machinery cost:

1391 lakhs

Working Capital :

-

Rate of Return (ROR):

30.00

Break Even Point (BEP):

31.00

TCI :

Cost of Project: Rs 11166 lakhs

Cost of Project :

1116600000

C.I. Casting (Foundry) By Induction Furnace
C.I. Casting (Foundry) By Induction Furnace

An Induction Furnace is an electrical furnace in which the heat is applied by induction heating of metal. Induction furnace capacities range from less...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Benzyl Alcohol
Benzyl Alcohol

Benzyl alcohol is an aromatic alcohol with the formula C6H5CH2OH. The benzyl group is often abbreviated "Bn" (not to be confused with "Bz" which is us...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Mango Processing (Pulp & Juices)
Mango Processing (Pulp & Juices)

Mango Pulp is the concentrated mango juice obtained on processing of various varieties of mangoes. The processed mango pulp has enhanced shelf life an...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Electroplating of Gold & Their Chemical Treatment in Golden Colour on Silver Thread
Electroplating of Gold & Their Chemical Treatment in Golden Colour on Silver Thread

Electroplating is the process of coating one metal or metal object with a very thin layer of another metal, typically by applying a direct electric cu...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Plating on Plastics, Electroplating on Plastics  Silver & Gold Plating on Pvc And Nylon-6
Plating on Plastics, Electroplating on Plastics Silver & Gold Plating on Pvc And Nylon-6

The Gold is a relatively scarce yellow metal. Often found in the native State, which is the most malleable of all metals. It is extremely corrosion re...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

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