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.

Pulp and Paper from Bamboo - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue
Pulp and Paper from Bamboo - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Paper is a major product of the forestry industry, and is used widely in our society. Paper products are used not only in their obvious applications i...

Capacity :

100MT/Day

Plant and Machinery cost:

Rs 5457 Lakhs

Working Capital :

-

Rate of Return (ROR):

26.62

Break Even Point (BEP):

54.00

TCI :

Cost of Project:Rs 8300 Lakhs

Cost of Project :

8300000

Multiplex Cinema Hall (84+84 Seats Double Screen) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout
Multiplex Cinema Hall (84+84 Seats Double Screen) - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout

A Multiplex is a multi screen entertainment complex showing different films under one roof with other type of supporting business in the vicinity like...

Capacity :

84 Seats Double Screen

Plant and Machinery cost:

Rs 152 Lakhs

Working Capital :

-

Rate of Return (ROR):

14.95

Break Even Point (BEP):

62.49

TCI :

Cost of Project:Rs 463 Lakhs

Cost of Project :

46300000

Hospital - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project,Projected Balance Sheet
Hospital - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project,Projected Balance Sheet

A hospital as a health care organization has been defined in varied terms as an institution involved in preventive, curative/ameliorative, palliative...

Capacity :

150 Beds

Plant and Machinery cost:

Rs 1486 Lakhs

Working Capital :

-

Rate of Return (ROR):

26.33

Break Even Point (BEP):

40.12

TCI :

Cost of Project:Rs 6203 Lakhs

Cost of Project :

620300000

Hospital with Teaching Facility - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project
Hospital with Teaching Facility - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

A hospital as a health care organization has been defined in varied terms as an institution involved in preventive, curative/ameliorative, palliative...

Capacity :

200 Beds

Plant and Machinery cost:

Rs 9607 Lakhs

Working Capital :

-

Rate of Return (ROR):

24.71

Break Even Point (BEP):

36.08

TCI :

Cost of Project:Rs 18371 Lakhs

Cost of Project :

1837100000

Black Braided Silk Sutures (Non–Absorbable Surgical Suture) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study
Black Braided Silk Sutures (Non–Absorbable Surgical Suture) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

There are so many fibres available which has property of non absorbing among those fibres are nylon, Terelene, polyesters etc are synthetic fibre. Sil...

Capacity :

Black Braided Silk Surgical Sutures:250 Boxes/Day

Plant and Machinery cost:

Rs 63 Lakhs

Working Capital :

-

Rate of Return (ROR):

24.20

Break Even Point (BEP):

54.09

TCI :

Cost of Project:Rs 146 Lakhs

Cost of Project :

14600000

Handicraft (Cane & Bamboo) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue
Handicraft (Cane & Bamboo) - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

A handicraft, sometimes more precisely expressed as artisanal handicraft or handmade, is any of a wide variety of types of work where useful and decor...

Capacity :

Woven Baskets :166 Pcs/Day•Mat & Mat Articles:83 Pcs/Day •Lamp Shades:266 Pcs/ Day •Cane Furnitures:50 Pcs/Day

Plant and Machinery cost:

Rs 14 Lakhs

Working Capital :

-

Rate of Return (ROR):

25.00

Break Even Point (BEP):

69.00

TCI :

Cost of Project: Rs 92 Lakhs

Cost of Project :

9200000

Bamboo Sticks - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics
Bamboo Sticks - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Bamboo is a tribe of flowering perennial evergreen plants in the grass family Poaceae, subfamily Bambusoideae, tribe Bambuseae; although, the forestry...

Capacity :

•Bamboo Sticks: 1280 Kgs/Day

Plant and Machinery cost:

Rs 10 Lakhs

Working Capital :

-

Rate of Return (ROR):

25.00

Break Even Point (BEP):

65.00

TCI :

Cost of Project: Rs 82 Lakhs

Cost of Project :

8200000

Restaurant  with Microbrewery  - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project
Restaurant with Microbrewery - Detailed Project Report, Profile, Business Plan, Trends, Market Research, Survey, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics, Working Capital Requirement, Plant Layout, Cost of Project

A restaurant is simply a place to have food outside your home. It is smaller in size than a hotel as it does not have accommodation facilities. It is...

Capacity :

Restaurant (Veg. - Non-Veg.): 150 Nos/Day, Beer: 330 Pitchers/Day, Alcohol : 100 Nos/Day, Fresh Fruit Juice: 500 Nos/Day

Plant and Machinery cost:

Rs 189 Lakhs

Working Capital :

-

Rate of Return (ROR):

27.28

Break Even Point (BEP):

63.08

TCI :

Cost of Project: Rs 392 Lakhs

Cost of Project :

39200000

Grain & Potato Based Vodka Distillery - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities
Grain & Potato Based Vodka Distillery - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

Vodka is a neutral spirit that is without distinctive character, aroma, taste, or color. These properties are developed during the distillation proces...

Capacity :

Vodka from Grain & Potato:30 KLs/Day

Plant and Machinery cost:

Rs 3845 Lakhs

Working Capital :

-

Rate of Return (ROR):

25.00

Break Even Point (BEP):

41.00

TCI :

Cost of Project: Rs 6316 Lakhs

Cost of Project :

631600000

Alcohol from Potato - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue
Alcohol from Potato - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

The term alcohol was first applied to the spirits of wine, ethyl alcohol, and now it refers to a series of substances with similar characteristics Eth...

Capacity :

Alcohol from Potato: 60 KLs/Day

Plant and Machinery cost:

Rs 810 Lakhs

Working Capital :

-

Rate of Return (ROR):

28.00

Break Even Point (BEP):

44.00

TCI :

Cost of Project: Rs 2280 Lakhs

Cost of Project :

0

Vodka from Potato - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue
Vodka from Potato - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue

Vodka is a neutral spirit that is without distinctive character, aroma, taste, or color. These properties are developed during the distillation proces...

Capacity :

Vodka from Potato: 75 KLs/Day

Plant and Machinery cost:

Rs 2830 Lakhs

Working Capital :

-

Rate of Return (ROR):

26.00

Break Even Point (BEP):

42.00

TCI :

Cost of Project: Rs 5042 Lakhs

Cost of Project :

504200000

Instant Tea - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics
Instant Tea - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities, Cost and Revenue, Plant Economics

Tea is cultivated primarily in the Asian countries, and world's largest producers of tea are India, Sri Lanka, and China. The tea plant is similar to...

Capacity :

Black Instant Tea 2.5MT/Day • Green Instant Tea 2.5 MT/Day

Plant and Machinery cost:

Rs 165 Lakhs

Working Capital :

-

Rate of Return (ROR):

27.00

Break Even Point (BEP):

43.00

TCI :

Cost of Project: Rs 800 Lakhs

Cost of Project :

80000000

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