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.
For entrepreneurs who think outside the box and want to create innovative yet sustainable businesses, crumb rubber powder production is very promising...
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Capacity : Crumb Rubber Powder: 10 MT Per Day By Product Steel Wire: 2 MT Per Day |
Plant and Machinery cost: 78 |
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Working Capital : N/A |
Rate of Return (ROR): 27 |
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Break Even Point (BEP): 55 |
TCI :
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Cost of Project : 326 |
Starting the production of liquid carbon dioxide (CO₂) has become a new lucrative opportunity for business-minded individuals focusing on the industri...
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Capacity : Liquid Carbon Dioxide (LCO2): 480 MT per day |
Plant and Machinery cost: 9000 |
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Working Capital : N/A |
Rate of Return (ROR): 25 |
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Break Even Point (BEP): 53 |
TCI :
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Cost of Project : 12900 |
Due to a growing concern surrounding the sustainability of the environment and the depleting fossil fuels in the Earth’s crust, the world has be...
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Capacity : Compressed Biogas: 7.2 MT Per Day By Product Liquid Fertilizer: 90 MT Per Day By Product Dry Solid Fertilizer: 28 MT Per Day By Product CO2: 2 MT Per Day |
Plant and Machinery cost: 519 |
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Working Capital : N/A |
Rate of Return (ROR): 28 |
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Break Even Point (BEP): 49 |
TCI :
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Cost of Project : 1400 |
Seizing the opportunity to establish companies in the healthcare and pharmaceutical industries, particularly in Salt (0.9% Sodium Chloride) manufactur...
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Capacity : Project Capacity Dextrose Saline 1000ml Size: 2,000 Bags Per Day |
Plant and Machinery cost: 291 |
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Working Capital : N/A |
Rate of Return (ROR): 26 |
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Break Even Point (BEP): 55 |
TCI :
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Cost of Project : 573 |
Disposable plastic syringes are becoming essential for various startups, and entrepreneurs hoping to join an expanding and essential market should con...
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Capacity : Disposable Plastic Syringes 3ml Size: 1296 Boxes Per Day Disposable Plastic Syringes 5ml Size: 1350 Boxes Per Day Disposable Plastic Syringes 10ml Size: 540 Boxes Per Day |
Plant and Machinery cost: 340 |
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Working Capital : N/A |
Rate of Return (ROR): 28 |
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Break Even Point (BEP): 57 |
TCI :
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Cost of Project : 637 |
Introduction. Activated carbon is a material that is highly needed in industries such as water purification, air filtration, food and beverage proc...
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Capacity : 6 MT Per Day |
Plant and Machinery cost: 320 |
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Working Capital : N/A |
Rate of Return (ROR): 29 |
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Break Even Point (BEP): 57 |
TCI :
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Cost of Project : 720 |
Starting a manufacturing plant for Soda Ash (Sodium Carbonate) with an optional product for Calcium Chloride can create many real and profitable oppor...
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Capacity : Soda Ash (Na2CO3) – Powder 1333 MT Per Day By Product Calcium Chloride (CaCI2) – Flakes 1396 MT Per Day |
Plant and Machinery cost: 118500 |
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Working Capital : N/A |
Rate of Return (ROR): 25 |
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Break Even Point (BEP): 53 |
TCI :
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Cost of Project : 140300 |
There are multiple facets of the medical industry that are experiencing change. Many new opportunities are expected to arise for investors and entrepr...
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Capacity : Project Capacity: 200 Boxes Per Day |
Plant and Machinery cost: 70 |
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Working Capital : N/A |
Rate of Return (ROR): 21 |
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Break Even Point (BEP): 55 |
TCI :
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Cost of Project : 250 |
The consistency of demand for Iodine based products is due to its applications across many industries including Pharmaceuticals, Chemicals, Agricultur...
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Capacity : Project Capacity: 200 MT Per Annum |
Plant and Machinery cost: 300 |
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Working Capital : N/A |
Rate of Return (ROR): 31 |
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Break Even Point (BEP): 76 |
TCI :
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Cost of Project : 600 |
Sustainability and plastic waste concerns have created new opportunities for eco-friendly product ideas. Biodegradable bags made of corn starch offer...
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Capacity : Biodegradable Plastic Bags (Per Bag 25 gms Size): 2 MT Per Day |
Plant and Machinery cost: 430 |
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Working Capital : N/A |
Rate of Return (ROR): 28 |
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Break Even Point (BEP): 51 |
TCI :
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Cost of Project : 1180 |
The pulling power of the GFRP (Glass fiber-reinforced polymer) rebar industry rests largely in its innovative nature, as practitioners of the construc...
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Capacity : Glass Fibre Reinforced Polymer (GFRP) Bar (Size 4mm to 20 mm): 30 MT Per Day |
Plant and Machinery cost: 300 |
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Working Capital : N/A |
Rate of Return (ROR): 31 |
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Break Even Point (BEP): 49 |
TCI :
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Cost of Project : 1400 |
Cashew nuts are a healthy snack option that has garnered a following worldwide. Recent trends emphasize a healthy diet, making cashew nuts a business...
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Capacity : White Cashew Nut: 200 Kgs Per Day Roasted Cashew Nut: 200 Kgs Per Day Fried Cashew Nut 200 Kgs Per Day Flavoured Cashew Nut 200 Kgs Per Day Coated Cashew Nut 200 Kgs Per Day Broken Cashew (By Product) 100 Kgs Per Day |
Plant and Machinery cost: 77 |
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Working Capital : N/A |
Rate of Return (ROR): 30 |
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Break Even Point (BEP): 70 |
TCI :
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Cost of Project : 198 |