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.

Pan Masala
Pan Masala

Pan Masala is a balanced mixture of betel leaf with lime, areca nut, clove, cardamom, mint, tobacco, essence and other ingredients. It is an agricultu...

Capacity :

Sada Pan Masala : 165 Kgs /Day Meetha Pan Masala: 165 Kgs /Day Zarda Pan Masala: 170 Kgs /Day

Plant and Machinery cost:

Rs 12 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

54.00

TCI :

Cost of Project : Rs 191 lakhs

Cost of Project :

19100000

Dairy Farming
Dairy Farming

Dairy farming is a class of agriculture for long-term production of milk, which is processed for eventual sale of a dairy product. Dairying is an impo...

Capacity :

Cow Milk (Ltrs.): 756000 Units /Annum Manure (MT): 1080 Units /Annum Calf (Nos.): 126 Units /Annum

Plant and Machinery cost:

47 lakhs

Working Capital :

-

Rate of Return (ROR):

21.00

Break Even Point (BEP):

50.00

TCI :

Cost of Project: Rs 529 lakhs

Cost of Project :

52900000

Pre-Mix and Animal Feed(Poultry and Cattle)
Pre-Mix and Animal Feed(Poultry and Cattle)

Animal production has been taking place over a long time, with the availability of compound feed being only a relatively recent innovation. This is a...

Capacity :

Cattle Feed: 64 MT/Day Poultry Feed: 32 MT/Day Pre-Mix Feed: 4 MT/Day

Plant and Machinery cost:

133 lakhs

Working Capital :

-

Rate of Return (ROR):

68.00

Break Even Point (BEP):

37.00

TCI :

Cost of Project: Rs 543 lakhs

Cost of Project :

54300000

Water Based Acrylic Adhesive
Water Based Acrylic Adhesive

The term “adhesive” refers to a viscoelastic material which adheres instantaneously to most substrates with the application of slight pressure and rem...

Capacity :

2000 Kgs./Day

Plant and Machinery cost:

47 lakhs

Working Capital :

-

Rate of Return (ROR):

29.00

Break Even Point (BEP):

53.00

TCI :

Cost of Project: Rs 251 lakhs

Cost of Project :

25100000

Floral Foam
Floral Foam

Floral foam is a dense, lightweight and porous material that can be cut into virtually any shape. It holds its shape when wet and provides both water...

Capacity :

12000 Pcs./Day

Plant and Machinery cost:

68 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

46.00

TCI :

Cost of Project : Rs 270 lakhs

Cost of Project :

27000000

I.V. Fluids (BFS Technology)
I.V. Fluids (BFS Technology)

Intravenous fluids are fluids which are intended to be administered to a patient intravenously, directly through the circulatory system. These fluids...

Capacity :

I.V. Fluid (500 ml.): 48000 Bottles /Day

Plant and Machinery cost:

Rs 252 lakhs

Working Capital :

0

Rate of Return (ROR):

29.00

Break Even Point (BEP):

52.00

TCI :

Cost of Project: Rs 833 lakhs

Cost of Project :

83300000

Spices (Turmeric Powder, Red Chilli Powder, Dhaniya Powder, Garam Masala, Sabji Masala, Popcorn Masala)
Spices (Turmeric Powder, Red Chilli Powder, Dhaniya Powder, Garam Masala, Sabji Masala, Popcorn Masala)

Spices impart aroma, color and taste to food preparations. The volatile oils from spices give the aroma and the oleoresins impart the taste. Spices ar...

Capacity :

Turmeric Powder 100 Kgs. /Day Red Chilli Powder 100 Kgs. /Day Dhaniya Powder100 Kgs. /Day Garam Masala 100 Kgs. /Day Subji Masala100 Kgs. /Day Popcorn Masala100 Kgs. /Day

Plant and Machinery cost:

Rs 12 lakhs

Working Capital :

0

Rate of Return (ROR):

27.00

Break Even Point (BEP):

56.00

TCI :

Cost of Project: Rs 120 lakhs

Cost of Project :

12000000

LV Control & Power Cables, MV Cables
LV Control & Power Cables, MV Cables

An electrical cable is an assembly of one or more wires running side by side or bundled, which is used to carry electric current. A power cable is an...

Capacity :

LV Control 3x1.5 mm2 Copper (340 Kgs/KM): 28 KMtrs. /Day Power Cables 7x1.5 mm2 Copper (350 Kgs/KM): 28 KMtrs. /Day MV Power Cables, 1x50 mm2, 1/30 KV Aluminium (780 Kgs/KM): 18 KMtrs. /Day

Plant and Machinery cost:

162 lakhs

Working Capital :

-

Rate of Return (ROR):

29.00

Break Even Point (BEP):

53.00

TCI :

Cost of Project: Rs 1147 lakhs

Cost of Project :

114700000

LT Cable
LT Cable

A low-tension line is a low voltage line and a high-tension line is a high voltage line. In India LT supply is of 400 Volts for three-phase connection...

Capacity :

LT Cable (11 mm-13 mm dia & PVC Copper Cable): 50 KM/Day

Plant and Machinery cost:

Rs 227 lakhs

Working Capital :

0

Rate of Return (ROR):

28.00

Break Even Point (BEP):

52.00

TCI :

Cost of Project: Rs 915 lakhs

Cost of Project :

91500000

Aluminium Rolling Mill
Aluminium Rolling Mill

Aluminium foil is aluminium prepared in thin metal leaves, with a thickness less than 0.2 millimetres (8 mils), thinner gauges down to 6 µm (0.2 mils)...

Capacity :

Aluminium Foil Food Grade (thickness 0.006 mm to 0.150 mm): 24 MT/Day

Plant and Machinery cost:

Rs 310 lakhs

Working Capital :

0

Rate of Return (ROR):

29.00

Break Even Point (BEP):

52.00

TCI :

Cost of Project: Rs 1252 lakhs

Cost of Project :

125200000

Spice Oil Extraction from Curry Leaves (100% EOU)
Spice Oil Extraction from Curry Leaves (100% EOU)

Murraya koenigii, commonly known as curry leaf or kari patta in Indian dialects, belonging to Famil Rutaceae which represent more than 150 genera and...

Capacity :

Curry Leave Oil: 500 Kgs. /Day

Plant and Machinery cost:

Rs 13 lakhs

Working Capital :

0

Rate of Return (ROR):

28.00

Break Even Point (BEP):

59.00

TCI :

Cost of Project: Rs 152 lakhs

Cost of Project :

15200000

Bicycle and Cycle Rickshaw Manufacturing
Bicycle and Cycle Rickshaw Manufacturing

A Bicycle, is a human-powered, pedal-driven, single-track vehicle, having two wheels attached to a frame, one behind the other. Bicycles are one of th...

Capacity :

Bicycles (Different Sizes): 1000 Nos. /Day Cycle Rickshaw: 1000 Nos. Day

Plant and Machinery cost:

Rs 336 lakhs

Working Capital :

0

Rate of Return (ROR):

27.00

Break Even Point (BEP):

63.00

TCI :

Cost of Project: Rs 1525 lakhs

Cost of Project :

152500000

Make An Appointment

Talk to Our Experts Today!

appoinment
Call Us WhatsApp