Assam - Best Business Opportunities, Potential Areas, Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship

Description:

Assam is locatedin the northeast of India. The state shares its borders with Arunachal Pradesh,Nagaland, Manipur, Mizoram, Meghalaya, Tripura and West Bengal. The state sharesinternational borders with Bangladesh and the Kingdom of Bhutan. Assam is knownas the gateway to the northeastern part of India. The capital of the state isDispur, which is located in the city of Guwahati.

 The state is known for its tea, petroleum resources,muga silk and bio-diversity. It is also becoming an increasingly populardestination for wildlife tourism. The state is full of most of the importantnatural resources that attracts the attention of many investors to set up theirproduction and manufacturing units in the state. Assam offers a range oflucrative business opportunities in the region. Both the central and stategovernments have allowed exclusive incentives Assam.

Today, Assam hasa vibrant industrial base. From the oldest tea industry and huge onshore oil productionto the only Stock Exchange in the region and large presence of Banks andFinancial Institutions, its industrial base spreads across a wide spectrum ofexisting industries in Petroleum, Petrochemicals, Fertilizers, Textiles, Cement,Paper, Plastic and a host of products and services. But there is always scopefor more. Amongst numerous options, the thrust areas identified for investmentis as follows:

                Petroleum and natural gas basedindustries

                Industries based on locally availableminerals

                Processing of plantation crops

                Food processing industries

                Agri-Horticulture products

                Herbal products

                Biotech products

                Pharmaceuticals

                Chemical and Plastic based industries

                Export oriented industries

                Electronic and IT base industriesincluding services sector

                Textiles and sericulture

                Engineering industries

                Cane and bamboo basedindustries

                Other handicrafts industry

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