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.

Disposable Plastic Syringes
Disposable Plastic Syringes

Disposable Syringes are being used by doctors to inject medicines through intravenous or intramuscular ways for the treatment of diseases & also by re...

Capacity :

Disposable Plastic Syringes 2 ml Size: 60 Boxes/Day Disposable Plastic Syringes 5 ml Size: 60 Boxes/Day Disposable Plastic Syringes 10 ml Size: 40 Boxes/Day

Plant and Machinery cost:

Rs. 137 lakhs

Working Capital :

-

Rate of Return (ROR):

13.00

Break Even Point (BEP):

61.00

TCI :

Cost of Project: Rs 307 lakhs

Cost of Project :

30700000

Baby & Adult Diaper and Sanitary Pads
Baby & Adult Diaper and Sanitary Pads

Modern disposable baby diapers and incontinence products have a layered construction, which allows the transfer and distribution of urine to an absorb...

Capacity :

Baby Diapers (4 Pcs.): 84000 Pkts./day Adult Diapers (4 Pcs.): 18000 Pkts./day Sanitary Pads (8 Pcs.): 48000 Pkts./day

Plant and Machinery cost:

Rs. 2167 lakhs

Working Capital :

-

Rate of Return (ROR):

32.00

Break Even Point (BEP):

42.00

TCI :

Cost of Project: Rs 4597 lakhs

Cost of Project :

459700000

Drinking Glasses - Juice & Water Glasses (Glassware)
Drinking Glasses - Juice & Water Glasses (Glassware)

Glassware In 2017, highest demand for glassware was seen in Asia Pacific. Riding on the back of the factors such as rapid development of easy to carr...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

PVC Extrusion Profile (Wiring Channel)
PVC Extrusion Profile (Wiring Channel)

Profile extrusion is extrusion of a shaped product that can be a variety of configurations but does not include sheet or film products. Profile extrus...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Auto Control Cables
Auto Control Cables

Automotive control cables are the most imperative parts of the automotive industry. These cables are used for control of mechanical movements in varie...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Glycerin Bath Soap (Pears Type)
Glycerin Bath Soap (Pears Type)

Soaps vary a great deal in terms of their ingredients. For example, while some soaps make your skin dry, other soaps are very moisturizing. Glycerin s...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Home Furnishing (Export Quality)
Home Furnishing (Export Quality)

The term “Home Furnishings” is a broad label that can include a number of things. As the name suggests, it includes anything that is used to furnish a...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Vermiculture Production with Training Centre
Vermiculture Production with Training Centre

Vermiculture (from Latin word vermis, meaning worm) is the intentional rearing of earthworms to produce more earthworms. It involves the mass producti...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Coated Paper & Board (Art & Chromo)
Coated Paper & Board (Art & Chromo)

Coated Paper Coated paper is paper which has been coated by a mixture of materials or a polymer to impart certain qualities to the paper, including w...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

HDPE Film Sheet
HDPE Film Sheet

High Density Polyethylene (HDPE) is the high density version of PE plastic and is harder and denser than the LDPE, but is less ductile, and lighter th...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Submersible Pump & Motor
Submersible Pump & Motor

A submersible pump (or sub pump, electric submersible pump (ESP)) is a device which has a hermetically sealed motor close-coupled to the pump body. Th...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

Foam & Its Products (Mattresses, Cushions, Pillow Sheets)
Foam & Its Products (Mattresses, Cushions, Pillow Sheets)

Mattresses Mattresses are usually placed on top of a bed base which may be solid, as in the case of a platform bed, or elastic, such as an upholstere...

Capacity :

-

Plant and Machinery cost:

-

Working Capital :

-

Rate of Return (ROR):

1.00

Break Even Point (BEP):

0.00

TCI :

-

Cost of Project :

0

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