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.

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

Indian handicrafts are known the world over for their rich variety, grace, elegance and skilled craftsmanship. Cane and bamboo is largely available in...

Capacity :

165 Items/Day

Plant and Machinery cost:

Rs. 2 Lakhs

Working Capital :

Rs. 11 Lakhs

Rate of Return (ROR):

49.18

Break Even Point (BEP):

53.64

TCI :

Rs. 26.00 Lakhs

Cost of Project :

0

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

Indian handicrafts are known the world over for their rich variety, grace, elegance and skilled craftsmanship. Cane and bamboo is largely available in...

Capacity :

165 Items/Day

Plant and Machinery cost:

Rs. 2 Lakhs

Working Capital :

Rs. 11 Lakhs

Rate of Return (ROR):

49.18

Break Even Point (BEP):

53.64

TCI :

Rs. 26 Lakhs

Cost of Project :

0

Enameled Copper Wire - 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
Enameled Copper Wire - 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

Enameled wire is an insulated wire used in winding of armatures in transformers, switch gears and other electrical equipments. When connected to the m...

Capacity :

500 Kgs/Day

Plant and Machinery cost:

Rs. 22 Lakhs

Working Capital :

Rs. 52.0 Lakhs

Rate of Return (ROR):

37.43

Break Even Point (BEP):

46.95

TCI :

Rs. 114 Lakhs

Cost of Project :

0

Candle Making Unit - 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
Candle Making Unit - 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

Since long people used to burn cotton in mud cups filled with oil. But candle manufacture started during World War-II. The candle is being used in eve...

Capacity :

500 Kgs/Day

Plant and Machinery cost:

Rs. 9 Lakhs

Working Capital :

Rs. 24.0 Lakhs

Rate of Return (ROR):

58.35

Break Even Point (BEP):

37.41

TCI :

Rs. 42 Lakhs

Cost of Project :

0

Starch and Allied Products from Maize With Co-Generation Plant - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study
Starch and Allied Products from Maize With Co-Generation Plant - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Industry Trends, Market Research, Survey, Manufacturing Process, Machinery, Raw Materials, Feasibility Study

Maize is one of the best cereals after paddy and wheat. It is largely cultivated in the north and west India, though there is cultivation of Maize in...

Capacity :

150 MT/Day

Plant and Machinery cost:

Rs. 1305 Lacs

Working Capital :

Rs. 886 Lacs

Rate of Return (ROR):

40.00

Break Even Point (BEP):

21.90

TCI :

Rs. 3200 Lacs

Cost of Project :

0

Baby Cereal Food - 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 Layout
Baby Cereal Food - 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 Layout

Food is mainly composed of three main groups of constituents i.e. carbohydrates, fat & protein. In addition to this there must be some inorganic miner...

Capacity :

5.0 Tons/Day

Plant and Machinery cost:

Rs. 17.00 Lacs

Working Capital :

Rs. 208.00 Lacs

Rate of Return (ROR):

48.63

Break Even Point (BEP):

35.97

TCI :

Rs. 280.00 Lacs

Cost of Project :

0

Instant Noodles - 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 Layout
Instant Noodles - 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 Layout

Instant noodles is a ready to cook and serve snack food which has become very popular in India in the recent years after its introduction on mass scal...

Capacity :

1.5 Ton/Day

Plant and Machinery cost:

Rs. 20 Lacs

Working Capital :

Rs. 33 Lacs

Rate of Return (ROR):

49.22

Break Even Point (BEP):

0.00

TCI :

Rs. 80.00 Lacs

Cost of Project :

0

Macaroni- 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
Macaroni- 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

Macroni is made from wheat flour, carbonic salt water, pure salt, soft water and other additives. The macaroni industry has been developed in Japan in...

Capacity :

55517 Pkts/Day

Plant and Machinery cost:

Rs. 131 lacs

Working Capital :

Rs. 125 Lacs

Rate of Return (ROR):

45.34

Break Even Point (BEP):

50.99

TCI :

Rs. 340 Lacs

Cost of Project :

0

Biscuits - 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
Biscuits - 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

Biscuits is an important item of bakery industry. It has now become a common item of consumption among all classes of people. With tea or coffee, a bi...

Capacity :

30.0 Tonnes/Day

Plant and Machinery cost:

Rs. 224.0 Lacs

Working Capital :

Rs. 403 Lacs

Rate of Return (ROR):

52.02

Break Even Point (BEP):

45.55

TCI :

Rs. 828 Lacs

Cost of Project :

0

Macaroni - 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
Macaroni - 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

Macaroni is made from wheat flour, carbonic salt water, pure salt, soft water and other additives. The macaroni industry has been developed in Japan i...

Capacity :

55517 Pkts/Day

Plant and Machinery cost:

Rs. 131 lacs

Working Capital :

Rs. 125 Lacs

Rate of Return (ROR):

45.34

Break Even Point (BEP):

50.99

TCI :

Rs. 350 Lacs

Cost of Project :

0

Bakery Industry - 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 Layout
Bakery Industry - 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 Layout

Bakery is one of the oldest among the food processing activities. An estimated 78,000 bakeries operate in India. The production of bread is estimated...

Capacity :

1243.70 Kgs./Day

Plant and Machinery cost:

Rs. 33 Lacs

Working Capital :

Rs. 22 Lacs

Rate of Return (ROR):

30.79

Break Even Point (BEP):

56.12

TCI :

Rs. 74 Lacs

Cost of Project :

0

Atta, Maida Suji & Wheat Bran (Wheat Flour Plant) Roller Flour Mill - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities
Atta, Maida Suji & Wheat Bran (Wheat Flour Plant) Roller Flour Mill - Manufacturing Plant, Detailed Project Report, Profile, Business Plan, Manufacturing Process, Machinery, Raw Materials, Feasibility Study, Investment Opportunities

In view of the tremendous demand of flour there is phenomenal scope of this industry.

Capacity :

15000 MT/annum Roller Flour Mill (Atta, Maida, Suji)

Plant and Machinery cost:

Rs. 54 lacs

Working Capital :

Rs. 177 Lacs

Rate of Return (ROR):

34.46

Break Even Point (BEP):

0.00

TCI :

Rs. 309 Lacs

Cost of Project :

0

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