ADVANTAGE NORTHEAST
The Northeast Edge for Investors
Whether it is infrastructure, natural resources, market potential investment -friendly policy, strategic location, the Northeast region has it all.
HIGHLIGHTS

Strategic Geographical Location

Proximity to the SAARC countries gives foreign investors the advantage of international trade. What's more, land and water routes could be made available to investors for export to East and South East Asia.

Education
Literacy rate - 68% (Mizoram - 88%, Tripura - 73%, Assam and Meghalaya - close to 63%)
Colleges - 616 (116 professional)
Universities - 27
Polytechnics and ITIs - 80
Important institutes: Indian Institute of Technology, Guwahati; National Institute of Technology, Silchar; Sikkim Manipal University (SMU), Indira Gandhi Open University (IGNOU)
Health
Over 100 hospitals as well as a number of primary health centres, sub-centres and community health centres across the region
INFRASTRUCTURE
Physical
Operational airports - 11 (50 proposed by end 2011)
Flights per week - 600
Major international airport - Guwahati International Airport
Several helipads across the region
Telecom
Cellular subscribers in Assam - 9.1 million
Cellular subscribers in the remaining northeast states - 5.5 million
Broadband users in the region - 200,000
Telecom players in operation - Reliance, BSNL Bharti, Aircel, Dishnet Wireless, Vodafone Essar, Idea Cellular, Tata Indicom

INDUSTRIAL

Assam has:
Software Technology Park (STP)
Export Promotion Industrial Park (EPIP)
Food Processing Park (FPP)
Proposed Integrated Industrial Development Corporations (IIDC) - 4
Guwahati Biotech Park (under development)
Arunachal Pradesh has:
Bamboo Technology Park (under construction)
Industrial estates - 12
Meghalaya has:
Industrial estates - 7
EPIP (being set up)
Manipur has:
Industrial areas - 6
IIDC (proposed)
EPZ (proposed)
FPP (proposed)
Growth centres (proposed)
Nagaland has:
EPIP with industrial infrastructure and facilities (being set up)
Tripura has:
Industrial estates - 12
Nature’s Resources:
49% of the total geographical area is under forest cover and conducive to adventure and eco-tourism
Abundant medicinal plants to support pharmaceutical, agro-forestry, gas-based and biotech industries
Largest perennial water system in India leads to an immense potential for energy, irrigation and transportation
Abundance of mineral resources and oil & natural gas reserves make the region a potential powerhouse
Also known for tea, horticultural crops and spices
Market Potential:
Large untapped opportunity because of the large consumer base
Assam is the largest economy in the Northeast region
It is the top-ranking Indian state in terms of ownership of consumer durables as a percentage of total prosperity
IT Policy:
IT Focus in the Northeastern states through setting up of Software Technology Parks, financial assistance/subsidies, infrastructure and establishment of Community Information Centres.
Notified industrial areas have been converted into Total Tax Free Zones for the next 10 years
Subsidies on Capital Investment, Interest on Working Capital, Insurance are available for industries
Assam, has released its IT policy in 2009 and AMTRON (Assam Electronics Development Corporation Ltd) plays a very active role in implementing NeGP, RGCLP Programs, implementation of ASWAN (Assam State Wide Area Network), Common Service Centres (Arunoday), State Data Centres and others.

Manipur accords high priority to the electronics and information technology sector as a major thrust area for development.

Meghalaya with its strategic location for IT business in South East Asia, the surplus power generation and its high literacy rates are contributing to the focus on the IT industry as a strategic sector for the state.

Mizoram’s IT policy envisages greater IT coverage for vital sectors such as industry, education, government, health, tourism, agriculture and IT for masses. The Central Government plans to provide wireless communication and broadband Internet service across the state by 2011. The Mizoram Government plans to set up software technology parks in the state to provide a one-stop-shop for IT industries.

Tripura, has identified the IT sector has been as one of sectors with major growth potential. NEDFI has set up an IT Park at Agartala. A STP (Software Technology Park) hub centre would also be set up in Agartala by STPI under the Ministry of Communications and IT at a cost of USD 1 million.

Nagaland and Sikkim’s IT Policies aim to increase the use of IT in the industrial and government sectors and provides for various concessions and incentives for investment in this sector.
Investment Scenario:
Significant investments from the Central Government and international financial institutions for the development of infrastructure
The total amount of investment disbursed by the Ministry of Development of North-East Region (DoNER) in 2008 - 2009 - US$ 136 million
 
(Source: India Brand Equity Foundation (www.ibef.org)
 
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