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.

Thermocouple
Thermocouple

Thermocouple is an electrical device consisting of two dissimilar electrical conductors forming electrical junctions at differing temperatures. A ther...

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Lecithin from Sunflower Oil
Lecithin from Sunflower Oil

Lecithin is a generic term to designate any group of yellow-brownish fatty substances occurring in animal and plant tissues, which are amphiphilic – t...

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Copper Foil
Copper Foil

Copper foil is a sheet of copper that is usually only a few micrometer in thickness. Copper foils are commonly used as a conductor in printed circuit...

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Electrical Lamp
Electrical Lamp

An electric lamp is a conventional light emitting component used in different circuits, mainly for lighting and indicating purposes. The construction...

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Laminated Tube (Multilayer)
Laminated Tube (Multilayer)

The Multilayer Laminated Tubes (lamitube) made from laminates with aluminium foil barrier combine the excellent barrier advantages of traditional meta...

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Industrial Valves
Industrial Valves

Industrial valves are of various types such as Gate Valves, Globe Valves, Ball Valves, Butterfly Valves, Check Valves, Pressure Valves, and Diaphragm...

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Coumarin
Coumarin

Coumarin is an aromatic organic chemical compound in the benzopyrone chemical class, although it may also be seen as a subclass of lactones. It is a n...

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Sanitary Napkins
Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile.In addition to sanitary napkins non-woven fabric is also us...

Capacity :

Sanitary Napkins : 160000Pkts./day each pkts. 6 pcs

Plant and Machinery cost:

Rs 569 lakhs

Working Capital :

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Rate of Return (ROR):

31.00

Break Even Point (BEP):

49.00

TCI :

Cost of Project: Rs 1118 lakhs

Cost of Project :

111800000

Steel Hinges & Tower Bolts
Steel Hinges & Tower Bolts

Hinges are devices that are made out of two symmetrical or none symmetrical sheet metal pieces pivot joined together with wire rod for free swinging o...

Capacity :

Steel Hinges: 540 MT/Annum Steel Tower Bolts: 540 MT/Annum

Plant and Machinery cost:

Rs 78 lakhs

Working Capital :

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Rate of Return (ROR):

28.00

Break Even Point (BEP):

55.00

TCI :

Cost of Project : Rs 261 lakhs

Cost of Project :

26100000

Welding Electrodes
Welding Electrodes

Welding electrodes comprise basically of steel core wire and coating ingredientsor flux mild steel core wires are used in majority of unalloyed steel...

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Welding Electrode: 10 MT/day

Plant and Machinery cost:

Rs 344 lakhs

Working Capital :

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Rate of Return (ROR):

28.00

Break Even Point (BEP):

63.00

TCI :

Cost of Project: Rs 731 lakhs

Cost of Project :

73100000

Disposable Plastic Syringes with Needles
Disposable Plastic Syringes with Needles

The hypodermic syringe, also known as the hypodermic needle, is a device used by medical professionals to transfer liquids into or out of the body.A s...

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Disposable Plastic Syringes with Needles 1 ml Size each Packed in Polypack: 82000 Th.Nos./annum

Plant and Machinery cost:

Rs. 2410 lakhs

Working Capital :

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Rate of Return (ROR):

21.00

Break Even Point (BEP):

17.00

TCI :

Cost of Project: Rs14240 lakhs

Cost of Project :

1424000000

Sanitary Napkins
Sanitary Napkins

Sanitary Napkin comes under Nonwoven fabrics which as a whole come under technical textile.In addition to sanitary napkins non-woven fabric is also us...

Capacity :

Sanitary Napkins: 172800Pcs./day

Plant and Machinery cost:

Rs 257 lakhs

Working Capital :

-

Rate of Return (ROR):

30.00

Break Even Point (BEP):

44.00

TCI :

Cost of Project: Rs 674 lakhs

Cost of Project :

67400000

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