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Investment Opportunities and Incentives National Level Investment
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Investment Opportunities and Incentives
Nagaland:
Investment Opportunities
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Nagaland has increasingly become a preferred investment destination in the country. It is highly endowed with fertile soil, plentiful rainfall, salubrious climate, large number of plant and animal species, as well as availability of vacant land for plantation purposes. All these have created favourable conditions for producing various types of agricultural products. Agriculture and allied sectors of Nagaland, in turn, offer good inputs for development of a host of industries, namely, floriculture; horticulture; rubber plantation; dairy and allied products; sericulture; tea cultivation and processing; bamboo shoot preservation; mushroom cultivation and processing; poultry; etc. Also, there is great potential in the information technology industry of the State. In addition, Nagaland's rich forest reserve base and scenic beauty makes it an ideal tourist hotspot.

Agriculture

Nagaland is basically a land of agriculture, with about 70 per cent of the population depended on it. The contribution of agricultural sector in the State is very significant. Rice is the staple food. It occupies about 70 per cent of the total area under cultivation and constitutes about 75 per cent of the total food production in the State. Other major crops are maize, wheat, millets, grams, mustard, cotton, jute, sugarcane, tea, rubber, etc. The major land use pattern is slash and burn cultivation locally known as Jhum. Area under jhum cultivation is about 1,01,400 hectares. Out of the total land area of 16,57,587 hectares, forest area occupy approximately 8,35,436 hectares. Nagaland is rich in forest produces such as timber, cane and bamboo, flora and fauna. Besides, the total area under irrigation covers 93,231.43 hectares.

Horticulture is considered to be the most suitable farming enterprise in the State. The altitude of the State varies from 100 metres to an altitude of 3,840 metres in the interior of the State, which provide favourable conditions for growing different varieties of tropical and sub-tropical fruits and vegetables. Major vegetables are Ginger, Garlic, Chilli, Tomato, Potato, Cabbage, etc. While, major fruits are Banana, Pineapple, orange, Passion Fruit, Pears, Plum, Sweet potato, etc.

Floriculture can be taken up as a viable industry in the State. The wide variety of orchids available in the State can be exported to earn valuable foreign exchange. Many species of orchids are available in Nagaland, which has tremendous commercial potential. There is scope to grow exotic and new varieties of orchids through tissue. With the declaration of Guwahati as international Airport, cut flowers can also be exported from the State. Several medicinal herbs and plants are available in abundance in the hilly regions of the State.

Besides, the agro-climatic condition is very favourable for the development of Sericulture in the State. The main four varieties of silk worms which are reared in the State are Eri, Mulberry, Oak Tasar and Muga. Sericulture Demonstration Farms as well as spinning units have been set up in the State for promoting the sector.

Mineral based Industry

Nagaland is rich in mineral resources. The exploration carried out by the State Geology and Mining Department as well as by other Central Agencies such as Geological Survey of India, Oil and Natural Gas Corporation Ltd., etc. have established several mineral reserves. Some of these are:- petroleum and natural gas; coal; high grade limestone; nickel-cobalt-chromium bearing magnetite ore; marble and dimensional/decorative stones; basalt; dunite; granodiorite; serpentine; quartzite; etc. There is urgent need for enhancing the pace of exploration specially for untapped potential for hydro-carbon deposits and metallic deposits, by infusing both the latest technology and required funds from domestic and foreign investors. Also, the huge reserves of more than 1000 million tonnes of high chemical grade limestone in the Eastern Nagaland is a major prospect for setting up of mineral resource based industries.

Handloom and Handicrafts

Handicrafts and handloom sector in Nagaland have vast potential for growth due to the availability of abundant skilled labour and raw materials, as well as due to rich cultural traditions of its people. These are important cottage capacity industries, which are mainly being managed by cooperative societies. The Nagaland Handloom and Handicrafts Development Cooperation Ltd. in Dimapur is the State owned Corporation, which is responsible for promotion and marketing of handloom and handicraft products in the State. Nagas are inherently skilled people and their handicrafts and handloom products are well known for the beauty and intricacies of work. These products have widespread appeal and demand in the domestic as well as offshore markets. The natural skills of Nagas lie in basketry, pottery, cultivation, spinning and weaving, carving, dyeing metal work, etc. The colorful shawls, bags and jackets woven by Nagas are extremely popular. The ‘backstrap’ or the loin loom is commonly used for weaving. Nagas are excellent woodcarvers and are famous worldwide for their art of woodcarving. Since, cane and bamboo grow abundantly in the forests and hills of the State and are readily available, Nagas have became expert basket makers. Basketry is carried out in almost every village of the State. Besides basketry, artisans of the State have also started making furniture and a wide variety of decorative items.

Tourism

Nagaland is sometimes referred to as the ‘Switzerland of the East’. It is endowed with exquisitely picturesque landscape, lush green forests and evergreen deep valleys. It is blessed with salubrious climate throughout the year, providing the right environment for travel and adventure activities. The Government is involved in development of amusement parks, ropeways, large resorts and hotels in order to prepare the right infrastructure for all types of tourists. Further, with the opening of the State to the international tourist by relaxation of Restricted Area Permit (RAP), a good number of foreign tourists as well as domestic tourists visit Nagaland every year. Tourism offers limitless potential with Nagaland aptly being described as the 'Land of Festivals'. The HORNBILL festival, conceived by the Tourism Department, held in the first week of December, is an annual event where all tribes of Nagaland come together to celebrate, exhibit and sell their traditional wares, foodstuffs and crafts. Three traditional festivals, namely, Sekrenyi at Touphema in Kohima district (Feb. 26-27), Monyu at Pongo in Longleng Sub-division (April 1-3) and Moatsu at Chuchuyimlang in Mokokchung district (May 1-3) have been identified as festival destinations. The major tourists hotspots in the State are Dimapur, Kiphire, Kohima, Longleng, Mokokchung, Mon, Peren, Phek, Tuensang, Wokha and Zunheboto.

Project Profiles

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Nagaland Industrial Development Corporation Limited (NIDC)
Agriculture Department of Nagaland
Horticulture Department of Nagaland
Sericulture Departtment of Nagaland
Tourism Department of Nagaland
Information Technology Department of Nagaland
 
 
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