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Investment Opportunities and Incentives
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Investment Opportunities and Incentives National Level Investment
Investment Opportunities and Incentives State Level Investment
   
 
Investment Opportunities and Incentives
Nagaland:
Investment Policies and Incentives
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The Government of Nagaland has made several endeavours in the form of policy announcements for attracting investments into the State. These policy measures unveil a roadmap for the overall development of the State by removing the hurdles in the investment process. They guide the investors about various opportunities in the State as well as provide several incentives and schemes for creating a conducive business climate. These policies are aimed at fully utilising the available resources; generating gainful employment; as well as improving the quality of life of the people of the State.

The most important being, the Industrial Policy, which has been formulated with a view to facilitate rapid and sustained industrial development in the State; create climate conducive for investment; and enable the enterprising entrepreneurs to generate substantial income and employment for the people of Nagaland. The basic objectives of the policy are to:-
  • Ccreate gainful employment opportunities for local population;


  • Develop human resources and bring about improvement in the quality of life by promoting industrial ventures in sectors in which the State has a comparative advantage;


  • Develop entrepreneurial and other technical skills of the available human resources by setting up training centers in relevant sectors;


  • Develop industrial infrastructure in selected areas by providing common facilities in a compact area for specialized categories of industrial units;


  • Promote export-oriented industries with a view to exploit the emerging market opportunities in the neighboring countries;


  • Develop marketing facilities for industrial products;


  • Encourage large and medium scale mother industries in the public, private, joint and assisted sectors to create an industrial base, making use of the available resources of the State in selective categories compatible with the local environment and ecology;


  • Develop village and Small Scale Service and Business Enterprises (SSSBE) to provide self-employment to unemployed youth;


  • Develop and promote tourism Industry in the State;


  • Revive and rehabilitate sick industrial units in the State;


  • Develop food-processing industry by facilitating forward and backward linkages;


  • Expedite formalization and development of cross border trade with Myanmar; and


  • Provide investor friendly environment by removing procedural bottlenecks and legal hurdles.

Another major policy is the Information Technology (IT) Policy, which has been announced in order to position the State as an attractive location for development and growth of the information technology (IT) industry and related services. The Government is to play the role of a facilitator, by defining standards and providing adequate infrastructural support for the purpose. The basic objectives of the policy are to:-

  • Create and systematically enhance the IT infrastructure in the State through Public-Private partnerships;


  • Develop human resource by widening the reach of IT education in terms of quality and spatial coverage with a view to improve
    the employability of youth;


  • Encourage e-Commerce with a view to enhance connectivity of the State;


  • Promote e-Governance as a tool to deliver a Government that is more proactive, transparent and responsive to its citizens;


  • Disseminate necessary information to the citizens in a fast and effective manner;


  • Use IT based technologies to uplift the quality of life of the people of the State, particularly in the rural areas;


  • Grant industry status to all software industries in the State, including IT enabled Services making them eligible for all concessions and incentives applicable under the State Industrial Policy; etc.

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State Policies
Information Technology Department of Nagaland
Nagaland Industrial Development Corporation Limited (NIDC)
 
 
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