State Level Banker’s Committee (SLBC), Sikkim
PMJDY Toll Free No. : 1800 345 3256 (State of Sikkim)
 

Industry

Industry plays a vital role in the economy of the State. Sikkim has seen a great boom in industries in the recent years and emerged as an industrial hub.Sikkim has long been agro-based society but situations changed thoroughly in the recent years. With the acceleration in the socio-political aspect of the society of Sikkim the growth of industry in Sikkim has been tremendous.The department of Industries in Sikkim is instrumental in bringing about a rapid growth in the industries of Sikkim.The government has formulated certain policies such as Sikkim Industrial promotion and Incentive (SIPI) Act 2000 and its subsequent amendments in 2003 and 2007. Some of the industries of Sikkim that desrrves a special mention in this context are:

  1. Pharmaceuticals
  2. Eco-Tourism (Hotels)
  3. Cosmetics
  4. Food Processing
  5. Breweries
  6. Security Ink
  7. Mattress
  8. Corrugated Boxes
Name of Unit Item Date of Establishment Location Category
M/s Sheela Foam Mattress 08.10.2003 Bagheykhola Medium
Mount Distillers Ltd. Alcohol 01.03.1999 Mamring Small
M/s SICPA Security Ink 07.05.2005 Mamring Medium
M/s YuksomBreweries (P) Ltd. Beer 29.06.1982 Melli Medium
M/s CG Food India (P) Ltd. Noodle 13.04.2006 Rangpo Small
STD Pharmaceuticals Pvt. Ltd Pharmaceutical 20.07.1998 Sangkhola, Simgtam Small
M/s Mayell & Fraser Alcohol 13.11.2006 Bagey KholaMajhitar Medium
M/s Zydus Healthcare Pharmaceutical 01.04.2007 Bardang, East District Medium
M/s Cipla Pharma(P) Ltd. Pharmaceutical 03.04.2008 Kumrek, East District Large
M/s Alkem (p) Ltd. Pharmaceutical 08.08.2007 Kumrek, East District Large
Golden Cross Pharmaceuticals Pharmaceutical 01.04.2009 Rorathang,East District Large
M/s SUN Pharmaceutical Industries Pharmaceutical 01.01.2009 Setipool, East District Large
PTS Packers and Provider Pvt.Ltd Ointment 07.02.2001 Sangkhola Small
M/s Indichemie Pharma (P) Ltd. Pharmaceutical 17.08.2007 Kumrek, East District Small
Epitome Petrochemicals Petrochemicals 16.07.2007 Ranipool Medium
Glenmark Pharmaceuticals Ltd. Pharmaceutical 01.12.2011 Samlik Marchk Large
Sikkim Organis Perto Solvent 15.03.2007 Manpur Medium
IPCA Laboratories Ltd Pharmaceutical 01.07.2011 Bharikhola Large
Pristine Life Science Pharmaceutical 01.01.2006 Singtam Small
Micro Lab Chemicals 01.01.2013 Mamring Large
Denzong Albrew pvt. Ltd Alcohol 01.04.2011 Rongli. Medium
Torent Pharmaceuticals Pharmaceutical   32A NH Large
Intus Pharmacetuicals Pharmaceutical 25.06.2009 Bagheykhola Medium
Sikkim Distilleries Ltd. Food and Beverage 24.08.1952 Rangpo Large
Nextgen Printers pvt. Ltd Monocartoon 7 Carragated box. 24.05.2010 Majhitar Small
Esveegee Brewerise Alcohol 07.04.2006 Manpur Medium
Govt. Fruit Preservation Factory Food product & packaged drinking water 01.05.1956 Singtam Small
M/S Flex Foil Ltd Packing material 12.05.2009 Burdang, Singtam Small
Temi Tea Estate Tea Garden 01.04.1969 Temi Small

(Source: Commerce & Industries Dept. GoS)

The State Government has identified the Ranipool-Rangpo, Ranipool-Saramsa, Melli-Legship including Jorethang and Naya Bazar areas as industrial belts. Industries Department is trying to acquire land for the purpose. The State Govt. has proposal to expedite the investment proposals through the Single Window System.

The Sikkim Industrial Policy and Incentive (Amendment) Act, 2003 has been published by the Government of Sikkim vide Gazette No.264 dated 13th August, 2003. The salient features of the above act are:

Subsidy on State Capital Investment Subsidy on consultancy service
Subsidy on Captive power generating set Subsidy on study tours and in-plant training
Special incentive to the Pioneer Unit Preference in allotment of land
Special incentive for women entrepreneurs Subsidy on State Transport
Stipendiary support for EDP Subsidy for technical know-how
Reimbursement of Stamp Duty and Registration Fee Special incentives for Agro and Food Processing Industries
Local employment promotion grant Power subsidy
Subsidy on cost incurred on quality control measures

District Industries Centre, Sikkim Khadi & Village Industries Board (SKVIB) and Khadi & Village Industries Commission are implementing the PMEGP (Prime Minister’s Employment Generation Programme).

District Industries Centre (DIC), established at Jorethang and Gangtok are providing technical support, training and entrepreneur development programmes and marketing support to the artisans and tiny industries. Cottage and agro-based industries are also being assisted by the Government. Schemes for industrial incentives have been provided to SSI units by the Government.

North East Industrial & Investment Promotion Policy (NEIIPP), 2007

The Govt. of India has approved a package of fiscal incentives and other concessions for the North East region “The North East Industrial & Investment Promotion Policy (NEIIPP), 2007” effective from 01.04.2007. Under the new scheme all the new units as well as existing units which go in for substantial extension, unless otherwise specified and which commence commercial products within the 10 years period from the date of notification will be eligible for incentives. Sikkim has also been included under the scheme.