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.

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

Please choose a project below related to this category.

Abrasive Cake for Granite & Marble Polishing
Abrasive Cake for Granite & Marble Polishing

Granite and Marble polishing stone is an essential item in the civil construction industries. It is made by using some chemical compounds mixed homoge...

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

Electropolishing of Steel
Electropolishing of Steel

Electropolishing is a reverse plating procedure that entails the electrochemical removal of metal impurities (including carbon, silica, and free iron)...

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Plant and Machinery cost:

-

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Rate of Return (ROR):

1.00

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0.00

TCI :

-

Cost of Project :

0

Metal Polishing Soap
Metal Polishing Soap

Metal Polishing Soap is mostly used for attaining mirror finishing in Stainless Steel items. Metal Polishing Soap can be used for final polishing in a...

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Plant and Machinery cost:

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Rate of Return (ROR):

1.00

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0.00

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0

Boot Polish or Shoe Polish
Boot Polish or Shoe Polish

and waterproof leather shoes or boots to extend the footwear's life, and restore, maintain and improve their appearance. Various substances have been...

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Plant and Machinery cost:

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Rate of Return (ROR):

1.00

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0.00

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0

Car Polish
Car Polish

A car wax is a substance which is used primarily to protect the car’s finish and enhance its shine. It generally refers to products containing carnaub...

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Rate of Return (ROR):

1.00

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0.00

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0

Wax Floor Polish
Wax Floor Polish

Floor Wax provides deep nourishing protection for new and reclaimed interior wooden floors, giving them a traditional, soft, natural sheen, whilst pro...

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Rate of Return (ROR):

1.00

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0.00

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0

Wood Polish
Wood Polish

Wood polish is used to protect against abrasions and gives your furniture a shiny appearance. While polish evaporates more quickly than wood wax, it i...

Capacity :

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Rate of Return (ROR):

1.00

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0.00

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0

Hydraulic Hose
Hydraulic Hose

A hose is a flexible hollow tube designed to carry fluids from one location to another. Hoses are also sometimes called pipes (the word pipe usually r...

Capacity :

Hydraulic Hose with Clamp: 1000 Pcs./Day

Plant and Machinery cost:

78 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

65.00

TCI :

Cost of Project: Rs 215 lakhs

Cost of Project :

21500000

Cold Water Soluble Starch
Cold Water Soluble Starch

Cold water starch is a modified starch used to stiffen textile and other related fabric. It is simply used in cold (room temperature) water or directl...

Capacity :

48 MT/Day

Plant and Machinery cost:

165 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

70.00

TCI :

Cost of Project: Rs 505 lakhs

Cost of Project :

505

Medical Disposables (Gowns/Drapes)
Medical Disposables (Gowns/Drapes)

Surgical gowns are worn by doctors and nurses in the operating theater to address a dual function of preventing transfer of microorganisms and body fl...

Capacity :

Surgeon Gowns: 250 Pcs./Day Pateint Gowns: 300 Pcs./Day Pillow Covers: 700 Pcs./Day Surgeon Caps: 1000 Pcs./Day

Plant and Machinery cost:

204 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

51.00

TCI :

Cost of Project: Rs 492 lakhs

Cost of Project :

49200000

Adult Pull-up Diapers
Adult Pull-up Diapers

Diapers are primarily worn by children who are not yet potty trained or experience bedwetting. However, they can also be used by adults with incontine...

Capacity :

Adult Pull-up Diapers (Big Size) 10 Pcs/Pkts: 6000 Pkts/Day Adult Pull-up Diapers (Big Size) 4 Pcs/Pkts: 15000 Pkts /Day Adult Pull-up Diapers (Small Size) 10 Pcs/Pkts: 6000 Pkts/Day Adult Pull-up Diapers (Small Size) 4 Pcs/Pkts: 15000 Pkts /Day

Plant and Machinery cost:

2123 lakhs

Working Capital :

-

Rate of Return (ROR):

54.00

Break Even Point (BEP):

32.00

TCI :

Cost of Project: Rs 2787 lakhs

Cost of Project :

278700000

Craft Beer
Craft Beer

Craft brewing" is a more encompassing term for developments in the industry succeeding the microbrewing movement of the late 20th century. Bira 91,...

Capacity :

5000 Ltrs./Day

Plant and Machinery cost:

Rs 383 lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

52.00

TCI :

Cost of Project: Rs 830 lakhs

Cost of Project :

83000000

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