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.

Adhesive (Fevicol Type) Water Proofing Grade
Adhesive (Fevicol Type) Water Proofing Grade

Fevicol type adhesives come under the category of synthetic resins and latex adhesives are made from polyvinyl acetate is a thermoplastic, odorless, t...

Capacity :

3MT/Day

Plant and Machinery cost:

38 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

59.00

TCI :

Cost of Project : Rs 183 lakhs

Cost of Project :

18300000

Disposable Surgical Masks
Disposable Surgical Masks

A surgical face mask is also known as a procedure mask and purposely to be worn by health care professionals during operation procedures. It helps to...

Capacity :

3,000Pcs. /Day

Plant and Machinery cost:

43 lakhs

Working Capital :

-

Rate of Return (ROR):

14.00

Break Even Point (BEP):

51.00

TCI :

Cost of Project: Rs194 lakhs

Cost of Project :

19400000

uPVC Pipes
uPVC Pipes

uPVC pipes remain neutral to all transported fluids. uPVC is completely inert and is widely used for transporting liquids made for human consumption....

Capacity :

4,302Meters/Day

Plant and Machinery cost:

189 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

58.00

TCI :

Cost of Project: Rs 632 lakhs

Cost of Project :

63200000

Hydraulic Hose  with Crimping Facility of Hose End Fittings
Hydraulic Hose with Crimping Facility of Hose End Fittings

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 :

1,000Pcs./Day

Plant and Machinery cost:

74 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

66.00

TCI :

Cost of Project : Rs 211 lakhs

Cost of Project :

21100000

Wood Plastic Composite (WPC)
Wood Plastic Composite (WPC)

WPCs are composites containing a wood component in particle form (wood particles/wood flour) and a polymer matrix. They are used in a variety of struc...

Capacity :

10,000,000Sq.Ft./Annum

Plant and Machinery cost:

144 lakhs

Working Capital :

-

Rate of Return (ROR):

31.00

Break Even Point (BEP):

63.00

TCI :

Cost of Project: Rs 558 lakhs

Cost of Project :

55800000

uPVC Profiles for Doors and Windows
uPVC Profiles for Doors and Windows

The uPVC profile is basically an extruded section of a mixture of PVC with certain additives to make it suitable for making uPVC Windows and Doors. So...

Capacity :

8.3 MT/Day

Plant and Machinery cost:

126 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

57.00

TCI :

Cost of Project: Rs 654 lakhs

Cost of Project :

65400000

Wood Pellets From Sawdust
Wood Pellets From Sawdust

In general, any biomass is suitable as raw material for pelletizing. Currently woody biomass is the predominant raw material for fuel pellet productio...

Capacity :

16.0 MT/day

Plant and Machinery cost:

80 lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

51.00

TCI :

Cost of Project : Rs 350 lakhs

Cost of Project :

35000000

Maize and It’s by Products (Maize Starch, Sorbitol, Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Gluten and Maltodextrin)
Maize and It’s by Products (Maize Starch, Sorbitol, Liquid Glucose, Dextrose Monohydrate, Dextrose Anhydrous, Gluten and Maltodextrin)

Maize also known as corn is a cereal grain. Maize has become a staple food in many parts of the world, with total production surpassing that of wheat...

Capacity :

Maize Starch : 60MT/Day Sorbitol : 30MT/Day Liquid Glucose: 30MT/Day Dextrose Monohydrate: 30MT/Day Dextrose Anhydrous: 15MT/Day Gluten

Plant and Machinery cost:

6690 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

41.00

TCI :

Cost of Project: Rs10721 lakhs

Cost of Project :

1072100000

Organic Dragon Fruit Farming
Organic Dragon Fruit Farming

Dragon Fruit stems are scandent (climbing habit), creeping, sprawling or clambering, and branch profusely. There can be 4-7 of them, between 5 and 10...

Capacity :

7200 Kgs/day

Plant and Machinery cost:

1316 lakhs

Working Capital :

-

Rate of Return (ROR):

133.00

Break Even Point (BEP):

15.00

TCI :

Cost of Project : Rs 3183 lakhs

Cost of Project :

318300000

Polymer Pencil
Polymer Pencil

A pencil is a writing instrument or art medium constructed of a narrow, solid pigment core inside a protective casing which prevents the core from bei...

Capacity :

67 Th. Pcs. /day

Plant and Machinery cost:

116 lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

71.00

TCI :

Cost of Project: 282 lakhs

Cost of Project :

28200000

ADHESIVE FROM MAIZE STARCH
ADHESIVE FROM MAIZE STARCH

An adhesive is used in order to bond two substances together. To enable the bonding the adhesive has to have surface adhesion and cohesion. This mea...

Capacity :

1,500,000 Kgs/annum

Plant and Machinery cost:

24 lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

47.00

TCI :

Cost of Project: Rs 134 lakhs

Cost of Project :

13400000

Potato Flakes
Potato Flakes

Indian vegetable basket is incomplete without mentioning the king of vegetables-potato-a sustaining force and a culinary delight. It is one of the imp...

Capacity :

3,600MT/annum

Plant and Machinery cost:

147 lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

61.00

TCI :

Cost of Project: Rs436 lakhs

Cost of Project :

43600000

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