Opportunities

By , May 16, 2011 10:44 am

The North East Region of India constitutes area of 2.62 lakh sq.km., i.e. 7.9 percent of the total geographical area of the country is home to a population of 39 million people (2001 census) with a literacy rate of 68.5 percent (2001 census).

The area is a vibrant source of energy rich in oil, natural gas, coal, limestone and India's largest perennial water system, the river Brahmputra and its tributaries, which can be tapped for energy, irrigation and transportation. The fertile soil around the valley of the River Brahmputra is a veritable stroehouse of horticultural products/plantation corps/vegetables/spices and rare forest products.

Subsidies on transport, capital investment, interest on working capital, excise duty refund, income tax exemptions etc. are available for industries in this region, as deciared in the new North East Industrial and Investment Promotion Policy 2007 (NEIIPP).

Tourism and its allied small scale industriess will be the backbone of the future economy of North East India.

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