INVESTMENT POTENTIAL IN NORTH EAST INDIA
The North Eastern region (comprising the states of Arunachal Pradesh, Assam, Manipur, Meghalaya, Mizoram, Nagaland, Sikkim and Tripura) of India, which forms a part of East Himalayan region, is a place of magical beauty, bewildering bio-diversity with exotic flora and fauna. The region is nestled in myths and mysteries, love and legends and houses more than 150 tribes having a cultural amalgamate of ethnic people and races. The location of the region is strategically important as it has international borders with Bangladesh, Bhutan, China and Myanmar.
The rich natural beauty, serenity and exotic flora and fauna and untapped mineral deposits of the region can facilitate the sustained industrial development in the areas of;-
1. Food Processing Industries
2. Tourism Industry
3. Agro-based industries
4. Mineral based industries
5. Horticulture
6. Sericulture
7. Floriculture
8. Electronics and IT
9. Pharmaceutical
10. Petrochemicals
11. Bio-tech Industries
12. Handloom and Handicrafts
13. Power Generation
14. Animal husbandry & leather based activities
15. Trade and Commerce
16. Designing and weaving
Any others activities can also be taken up through utilization of the existing resources in order to gainfully exploit the opportunities to generate substantial income and employment avenues.
The region is plagued by the insurgency related problems for the last 4-5 decades which is not congenial for any developmental process. Therefore, the State Governments should strive to create a congenial atmosphere by encouraging investments through provisioning of dedicated State forces for industrial security.
