To setup Projection in ArcView
Go to View Menu -> Properties->Set the map units as meters and also the distance units as meters
Now click Projection
SLGrid Configuration
Choose Custom Projections
Set the projection as Transverse Mercator
Spherod as Everest
Central Meridian: 80.7717111
Refernece lattitude: 7.00048028
Scale Factor: 0.99992384
False Easting: 200000
False Northing: 200000
