Abode of clouds



Download 53,44 Kb.
Date conversion10.10.2017
Size53,44 Kb.

Meghalaya

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

AUGUST


2012

ABODE OF CLOUDS

Contents

  • Meghalaya – An Introduction
  • Infrastructure Status
  • Business Opportunities
  • Doing Business in Meghalaya
  • State Acts & Policies

For updated information, please visit www.ibef.org

Meghalaya

AUGUST

2012

    • Meghalaya has diverse soil types including red-loamy, laterite, red and yellow soils. These soils have fine textures ranging from loam to silty-loam and alluvial soils. These types of soils support a variety of agricultural crops.
    • Sohra, Tura Jowai, Nongstoin, Williamnagar, Nongpoh and Baghmara are some of the key cities in the state.
    • Meghalaya is located in the Northeast of India. The state shares its border on the North and East with Assam and on the South and West with Bangladesh.
    • English is the official language of Meghalaya. Khasi, Pnar and Garo are the other principal languages.
    • Meghalaya is the wettest state in the country with an average annual rainfall of 1,200 cm. It has numerous rivers, the major ones being Manda, Damring, Janjiram, Ringge, Ganol, Simsang, Khri, Umtrew, Umiam, Umkhem, Kupli, Kynshi, Umiam Mawphlang and Umngot.


Parameters

Meghalaya

Capital

Shillong

Geographical area (sq km)

22,429

Administrative districts (No)

7

Population density (persons per sq km)*

132

Total population (million)*

2.96

 Male population (million)*

1.49

 Female population (million)*

1.47

Sex ratio (females per 1,000 males)*

986

Literacy rate (%)*

75.5

Meghalaya

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

MEGHALAYA – AN INTRODUCTION

Meghalaya Factfile

AUGUST


2012

Sources: Government of Meghalaya Website, www.meghalaya.nic.in, *Provisional Data – Census 2011

Parameter

Meghalaya

All-States

Source

Economy

GSDP as a percentage of all states’ GSDP

0.2

100

CMIE, 2010-11, current prices

Average GSDP growth rate(%)*

14.9

15.9

CMIE, 2004-05 to 2010-11, current prices

Per capita GSDP (US$)

1,273.0

1,324.3

CMIE, 2010-11, current prices

Physical Infrastructure

Installed power capacity (MW)

373.6

199,627.0

Central Electricity Authority, as of March 2012

Wireless subscribers (No)

8,247,010^

903,727,208

Telecom Regulatory Authority of India, as of January 2012

Broadband subscribers (No)

53,399^

13,350,938

Ministry of Communications & Information Technology, as of December 2011

National Highway length (km)

810

71,772

Ministry of Road Transport & Highways, Annual Report 2011-12

Airports (No)

2

133

Airport Authority of India

Social indicators

Literacy rate (%)

75.5

74.0

Provisional Data – Census 2011

Birth rate (per 1,000 population)

24.5

22.1

SRS Bulletin (www.censusindia.gov.in), 2011

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

Meghalaya in Figures

SRS: Sample Registration System

*In terms of Indian Rupee Terms

^Combined figures for the Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura

Meghalaya

MEGHALAYA – AN INTRODUCTION

AUGUST

2012


Advantage Meghalaya … (1/2)

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

The state offers a host of industrial incentives, apart from Central Government incentives meant for investments in the Northeast region. Agro-processing, horticulture, minerals, tourism, electronics and IT have been identified as thrust sectors for development and promotion.

Policy and Fiscal Incentives

Meghalaya is endowed with abundant natural resources in terms of flora, fauna, medicinal plants, forests, coal, limestone, feldspar, quartz, sillimanite, granite, industrial clay and uranium. They offer significant avenues for investment.

Rich Natural Resources

The state provides excellent institutional support through various central and State Government agencies viz., North East Council, Ministry of Development of North Eastern Region and Meghalaya Industrial Development Corporation.

Institutional Support

Meghalaya

MEGHALAYA – AN INTRODUCTION

AUGUST


2012

Advantage Meghalaya … (2/2)

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

Meghalaya has a literacy rate of 75.5 per cent. The state has a strong higher education infrastructure. Moreover, a majority of the local population speaks and understands English.

Availability of Skilled Labour

The state has favourable agro-climatic conditions that support agriculture, horticulture and forestry; there is potential for development in related areas.

Conducive Agro-Climatic Conditions

The state has a rich culture and is an attractive tourist destination.

Tourism Destination of the Northeast

Meghalaya

MEGHALAYA – AN INTRODUCTION

AUGUST

2012


Economic Snapshot – GSDP
    • At current prices, the Gross State Domestic Product (GSDP) of Meghalaya was about US$ 3.64 billion in 2011-12.
    • The state’s GSDP grew at a Compound Annual Growth Rate (CAGR) of 14.0 per cent between 2004-05 and 2011-12.

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

US$ billion

Source: CMIE

Meghalaya’s GSDP

Meghalaya

MEGHALAYA – AN INTRODUCTION

CAGR

14.0%


AUGUST

2012

    • At current prices, the Net State Domestic Product (NSDP) of Meghalaya was about US$ 3.11 billion in 2011-12.
    • Meghalaya’s NSDP grew at a CAGR of 13.2 per cent between 2004-05 and 2011-12.


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

Economic Snapshot – NSDP

Meghalaya’s NSDP

Meghalaya

MEGHALAYA – AN INTRODUCTION

CAGR

13.2%


US$ billion

Source: CMIE

AUGUST


2012

Economic Snapshot – Per Capita GSDP


    • The state’s per capita GSDP in 2011-12 was US$ 1,380 as compared to US$ 601.2 in 2004-05.
    • The per capita GSDP has increased at a CAGR of 12.6 per cent between 2004-05 and 2011-12.

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

US$

Meghalaya



MEGHALAYA – AN INTRODUCTION

CAGR


12.6%

Source: CMIE

Per Capita GSDP

AUGUST

2012


Economic Snapshot – Per Capita NSDP
    • The state’s per capita NSDP in 2011-12 was US$ 1,181.5 as compared to US$ 535.8 in 2004-05.
    • The per capita NSDP increased at an average rate of 11.9 per cent between 2004-05 and 2011-12.

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

CAGR

11.9%


Per Capita NSDP

Meghalaya

MEGHALAYA – AN INTRODUCTION

Source: CMIE

US$


AUGUST

2012


Economic Snapshot – Percentage Distribution of GSDP

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

    • At a CAGR of 23.6 per cent, the secondary sector has been the fastest growing among the three sectors from 2004-05 to 2011-12. The growth has been driven by manufacturing, construction and electricity, gas & water supply.
    • The tertiary sector, the largest contributor to Meghalaya’s economy, grew at a CAGR of 14.3 per cent between 2004-05 and 2011-12. It was driven by trade, hotels, real estate, finance, insurance, transport, communications and other services.
    • The primary sector grew at a CAGR of 9.8 per cent between 2004-05 and 2011-12.

Percentage Distribution of sectors

Meghalaya

MEGHALAYA – AN INTRODUCTION

Source: CMIE

CAGR


9.8%

23.6%


14.3%

AUGUST


2012

Crop

Annual Production – 2010-11

(tonnes)


Potato

162,400

Pineapple

86,000

Banana

67,300

Citrus Fruits

38,900

Tapioca

26,400

Sweet Potato

19,200

Total Cereals

235,600*

Total Pulses

3,500*

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

Economic Snapshot – Agricultural Production

Sources: Indian Horticulture Database 2011, National Horticulture Board, NEDFi Databank

*In 2009-10

Meghalaya

MEGHALAYA – AN INTRODUCTION


    • Citrus fruits, pineapple, banana, papaya, plum, peach and apricot are the major fruits grown in Meghalaya.
    • Turmeric, ginger, black pepper and bay leaves are the major spices cultivated in Meghalaya. The state is also promoting the tea cultivation in selected areas.
    • The state has achieved success in the cultivation of non-traditional crops like tea, cashewnut, oilseeds, tomato, mushroom, wheat, etc.
    • In 2009-10, total cereals production in the state was 235,600 tonnes.

AUGUST

2012


Economic Snapshot – FDI Inflows &

Investments

ABODE OF CLOUDS

For updated information, please visit www.ibef.org


    • According to the Department of Industrial Policy & Promotion, the cumulative FDI inflows to the Northeast states from April 2000 to January 2012 amounted to US$ 73 million*.
    • In 2011-12, outstanding investments in the state were US$ 17.7 billion.
    • Of the total outstanding investments, the electricity sector accounted for around 53.4 per cent followed by services sector (27.3 per cent).

Break up of Outstanding Investments by Sector (2011-12)

Meghalaya

MEGHALAYA – AN INTRODUCTION

Source: CMIE

*FDI inflows for RBI’s Guwahati-region which includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura.

AUGUST

2012


Economic Snapshot – Exports Trends

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

    • In 2010-11, Meghalaya had total exports worth US$ 84.2 million.
    • An Export Promotion Industrial Park (EPIP) has been set up in Byrnihat over an area of 259 acres to promote exports.
    • Meghalaya shares a 443-km border with Bangladesh and has 10 land-custom stations to aid exports.
    • The key commodities exported to Bangladesh are coal, limestone, boulder stone, agricultural produce, and raw hides and skins.

Meghalaya

MEGHALAYA – AN INTRODUCTION

AUGUST

2012


ABODE OF CLOUDS

Contents

  • Meghalaya – An Introduction
  • Infrastructure Status
  • Business Opportunities
  • Doing Business in Meghalaya
  • State Acts & Policies


For updated information, please visit www.ibef.org

Meghalaya

AUGUST

2012

    • Meghalaya had a total road length of 8,567 km, with a road density of 38.2 km per 100 sq km, as of 2009-10.
    • The state is well connected to its neighbouring Northeastern states and other parts of India through four National Highways (NH): NH-40, NH-44, NH-51 and NH-62.
    • The Meghalaya Transport Corporation provides bus transport services across the state.


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS

Physical Infrastructure – Roads



Source: Maps of India

Sources: Ministry of Road Transport & Highways, Annual Report 2011-12,

NEDFi Databank,

^As of March 2012

*As of March 2010



Road Type

Road Length (km)

National Highways^

810

State Highways*

1,134

Major District Roads*

1,219

Other District Roads*

5,421

Meghalaya

AUGUST


2012
    • The nearest railway station is in Guwahati, Assam. New railway lines on Azra-Byrnihat, Dudnoi-Mehendipather and Byrnihat-Shillong routes are under construction.
    • Meghalaya has two airports located in Shillong and Baljek. The Shillong Airport (Umroi Airport) is fully operational, while the Baljek Airport is under construction/upgradation.
    • Helicopter services are available from Guwahati to Tura and Shillong.

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS

Physical Infrastructure – Railways and Airports

Meghalaya

AUGUST


2012

Physical Infrastructure – Power

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS

    • As of March 2012, Meghalaya had a total power generation installed capacity of 373.62 MW. It consisted of 273.08 MW under state utilities and 100.54 MW under central utilities .
    • Of the total power generation installed capacity, 314.58 MW was contributed by hydro power, 28.01 MW was contributed by thermal power and renewable power contributed 31.03 MW of capacity.
    • The per capita power consumption of Meghalaya was 675.1 kwh as of 2009-10. As of February 2012, 76.5 per cent of the villages had been electrified in the state.
    • In April 2010, the State Government restructured the Meghalaya State Electricity Board (MeSEB) to create a holding company called Meghalaya Energy Corporation Limited (MeECL) and its three subsidiaries: Meghalaya Power Generation Corporation Limited (MePGCL), Meghalaya Power Transmission Corporation Limited (MePTCL) and Meghalaya Power Distribution Corporation Limited (MePDCL).

Installed Power Capacity (MW)

Source: Central Electricity Authority

Meghalaya

AUGUST

2012


Physical Infrastructure – Telecom

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS


    • As of December 2011, Meghalaya had 111 telephone exchanges with 239,610 telephone connections (BSNL).
    • As of December 2011, North-East states^ of India had 142,962 internet connections, including 53,399 broadband connections.
    • Virtual Private Network (VPN) over broadband line is also available in the state to enable business communications.
    • Meghalaya had 474 post offices as of July 2012, providing postal services across the state.

Some of the Major Telecom Operators in Meghalaya

Bharat Sanchar Nigam Limited (BSNL)

Bharti Airtel

Aircel Limited

Vodafone Essar

IDEA Cellular

Reliance Communications

Tata Teleservices


Meghalaya

Telecom Infrastructure (January 2012)

Wireless Subscribers^

8,247,010

Wire-line Subscribers^

253,189

BSNL Telephone Connections 

239,610*

Broadband Subscribers^

53,399*

Telephone Exchanges

111*

Sources: Telecom Regulatory Authority of India,

Department of Telecommunications, Annual Report 2011-12,

Ministry of Communications and Information Technology

^Combined figures for the Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura

*As of December 2011

AUGUST


2012

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS

Development Projects: Urban Infrastructure … (1/2)

    • Under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM), two projects worth US$ 47.4 million were approved in 2008-09 for developing urban infrastructure in Shillong; the aim is to provide better drainage and drinking water supply.
    • Under the Environmental Improvement of Urban Slums (EIUS) programme, 45 notified and five slum areas in Shillong, Tura, Jowai, Baghmara, Williamnagar and Nongstoin have been provided with basic amenities.
    • The Meghalaya Urban Development Agency was set up in May 1991 with an objective to plan and assist the local bodies in implementation of schemes relating to the urban poor for improving their socio-economic condition for developing their physical environment and thereby improving their quality of life.

Meghalaya

AUGUST


2012

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS

Development Projects: Urban Infrastructure … (2/2)

Water Supply & Sewerage

    • The average per capita supply of water in major cities and towns is 150 to 200 litres per day.
    • Meghalaya has 16 urban centres and about 71 per cent of households in these areas have access to receive drinking water through piped water supply.
    • Solid-waste segregation and disposal is diligently adhered to across the state.
    • A 100 Tonnes Per Day (TPD) compost plant in Shillong and 40 TPD plant in Tura are operational in the Public Private Partnership (PPP) mode for safe disposal of solid wastes.
    • Sites have been identified in Williamnagar, Baghmara and Resubelpara and work has commenced on developing compost plants.

Meghalaya

AUGUST


2012

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS

Development Projects: Public Private Partnership Projects

    • Meghalaya has two projects being implemented under the Public-Private Partnership (PPP) mode.

Meghalaya

Contract Authority

Project

Investment

(US$ million)



PPP Type

Stage

Roads

National Highways Authority of India (NHAI)

Four Laning of Jorabat - Shillong Section

117.6

DBFOT

Construction

National Highways Authority of India (NHAI)

Two Laning of Shillong Bypass Section

49.5

BOT - Annuity

Construction

Source: http://www.pppindiadatabase.com

BOT: Build-Operate-Transfer

DBFOT: Design-Build-Finance-Operate-Transfer

AUGUST


2012

Social Infrastructure – Education

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS

    • Meghalaya has a literacy rate of 75.5 per cent according to the provisional data of Census 2011; the male literacy rate is 77.2 per cent and the female literacy rate is 73.8 per cent.
    • The North East Hill University (NEHU) provides bachelors, masters and doctoral degrees in the science, technology and humanities streams.
    • The North East Indira Gandhi Regional Institute of Health and Medical Sciences (NEIGRIHMS) in Shillong conducts bachelor of medicine and post graduate courses in medicine; a bachelors of nursing college also operates under its aegis.
    • The National Institute of Fashion Technology (NIFT) in Shillong conducts courses on fashion technology.

Educational Infrastructure (2009-10)

Universities

8*

Colleges

64^

Teacher Training Institutes

3

Pre Primary Schools

711

Lower Primary Schools

6,618

Upper Primary Schools

2,090

Secondary Schools

675

Higher Secondary Schools

124

Pupil-Teacher Ratio of Schools in Meghalaya (2009-10)

Primary Level

17:1

Upper Primary Level

15:1

Source: District Information System for Education (DISE), Flash Statistics 2009-10

Meghalaya



Source: University Grants Commission,

NEDFi databank

*As of August 2011

^As of 2010-11

AUGUST

2012


Social Infrastructure – Health

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS


    • There were 9 Hospitals, 108 Primary Health Centres, 29 Community Health Centres, 401 Sub-Centres and 12 Dispensaries in the state, as of 2008-09.
    • The state’s four military and paramilitary hospitals provide preventive and promotional healthcare services.
    • NEIGRIHMS, which has been instituted to provide medical education, has a 500 bed super-specialty hospital; expansion works are underway.

Health Infrastructure (2008-09)

Primary Health Centres

108

Sub-Centres

401

Community Health Centres

29

Hospitals

9

Dispensaries

12

Leprosy Colonies

2

Leprosy Control Units

2

Doctors

684

Nurses

893

Source: NEDFi Databank

NEIGRIHMS: North Eastern Indira Gandhi Regional Institute of Health and Medical Sciences



Health Indicators (2010)

Birth Rate*

24.5

Death Rate*

7.9

Infant Mortality Rate**

55

Sources: Sample Registration System (SRS) Bulletin 2011 (www.censusindia.gov.in)

*Per thousand persons

**Per thousand live births

Meghalaya

AUGUST

2012


Cultural Infrastructure

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS


    • Shad Suk Mynsiem, Nongkrem dance, Wangala, Behdeinkhlam, Laho dance, Chad Sukra, Autumn festival, Strawberry festival, Ranikor festival are the well-known festivals of Meghalaya.
    • Meghalaya has various tourist attractions such as caves, national parks and sanctuaries, sacred groves, waterfalls, lakes and rivers – making it an ideal tourism destination.
    • Meghalaya sports a 18-hole natural golf course, which is a major sport and corporate attraction.
    • Bara Bazar, Jail Road, G.S. Road, Police Bazar, Glory’s Plaza, Meghaloom, Nagaland Handloom and Handicrafts, Assam Emporium, India Emporium, Khadi Gramodyog, Manipur Emporium, Tantuja, and Purbashree are the key shopping areas in Meghalaya.
    • Williamson Sangma State Museum, Don Bosco Centre for Indigenous Cultures, Entomological Museum (Butterfly Museum) are the famous museums of Meghalaya depicting its rich cultural heritage.
    • Lady Hydari Park, Mattilang Park, Sa-I-Mika Park, Thangkharang Park, Eco Park in East Khasi hills; Nehru Park, Kharsati Park, Thrills Fun Park in Ri Bhoi; Nokrek National Park in West Garo hills; Balpakram National Park in South Garo hills, Ialong Park, Iooksi (Kupli) Park in Jaintia hills are the popular national parks and recreation centres in Meghalaya.

Meghalaya

AUGUST


2012

Industrial Infrastructure

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

INFRASTRUCTURE STATUS

    • Meghalaya has industrial estates at Shillong, Nongstoin, Mawlyndep, Tura, Williamnagar and Khliehtyrshi; an industrial area at Umiam; an Export Promotion Industrial Park (EPIP) at Byrnihat; and a growth centre at Mendipathar.
    • District Industries Centres (DIC) are functional under the Meghalaya Industrial Development Corporation (MIDC) in each district and are involved in industrial infrastructure development of the district.
    • The state has constituted a single-window clearance agency for industrial investment approvals.
    • Techno-Economic Feasibility Reports (TEFR) are available with the MIDC for poultry, agro-based industry, fruit processing, paper-grade lime, alcohol from tapioca, calcium carbonate extraction, ceramic-glazed tile manufacturing, marble and tile, and meat processing.
    • Under the Central Government’s Assistance to States for Developing Infrastructure for Exports (ASIDE) programme, 29 infrastructure development projects worth US$ 21.1 million had been approved as of 2008-09.

Meghalaya

AUGUST


2012

ABODE OF CLOUDS

Contents

  • Meghalaya – An Introduction
  • Infrastructure Status
  • Business Opportunities
  • Doing Business in Meghalaya
  • State Acts & Policies

For updated information, please visit www.ibef.org

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES

Key Industries



Key Industries in Meghalaya
  • Agriculture and Food Processing
  • Horticulture
  • Mining
  • Cement
  • Tourism
  • Hydroelectric Power
  • Dairy and Livestock
  • Handloom and Handicrafts
  • Steel Processing
  • Sericulture
    • The natural resources, policy incentives and infrastructure in the state favour investments in the tourism, hydroelectric power, manufacturing and mining sectors.
    • Agriculture sector contributed around 13 per cent to the state’s GSDP in 2011-12.
    • Mineral, horticulture, electronics, IT, export oriented units and tourism have been identified as the thrust sectors for industrial development.
    • As of 2009, there were 120 registered factories in the state.
    • As of 2008-09, the state had 6,842 small scale industries.
    • The Commerce & Industries Department of Meghalaya and its constituent unit, Meghalaya Industrial Development Corporation (MIDC), are jointly responsible for the development of industrial infrastructure in the state.

Source: Meghalaya Directorate of Industries

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES

Key Industries – Floriculture


    • Meghalaya has a vascular plant diversity of 3,331; more than 300 varieties of orchids are found in the state.
    • Decorative plants such as dahlia, canna, gladiolus, begonia, tropaeolum, aster, polargonium, antirrhinum, crinum, celosia, kniphofia, impatiens, chrysanthemum, petunias, pansy, calendula, sweet peas and salvia are found in abundance in the state.
    • The existing industry is at a nascent stage and has the potential to be developed and promoted for export-oriented business.

Meghalaya

AUGUST


2012

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES


    • Meghalaya houses 834 of the 6,000 medicinal plants available in India, including the famous Himalayan Yew.
    • The important and recognised medicinal plants found and cultivated in Meghalaya are Ipecac, Rauvolfia serpentina, Cinchona, Abromine, Chaulmoogra Oil, Croton Oil, Eucalyptus, Castor Oil, Chiretta, Solanum khasianum, Casearia vareca, Zanthoxylum armatum, Hedyotis scandens, Paederia foetida, Salix alba, Anacardium occidentale, Cinnamomum and Taxus baccata.
    • This sector has been identified as one of the priority sectors for investment by the state.
    • Eight out of top 20 highly demanded medicinal plants traded in India, are found in Meghalaya.
    • Meghalaya is one of the leading producers of bamboo in the country. Bamboo enterprises could be developed from the bamboo reserves and forest cultivations.

Key Industries – Medicinal Plants and Bamboo

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES

    • Meghalaya has a climate that supports agricultural and horticultural activities. The state offers potential for investment in these areas.
    • It supports multiple crops viz., rice, maize, pulses, oil seeds, cotton, jute, and mesta. Meghalaya produces substantial quantities of oranges, peaches, pineapples, pears, guavas, plums, bananas, potatoes, tapioca, bay leaves, ginger, maize and jackfruit.
    • Meghalaya’s turmeric is considered one of the best in the world as it contains 7.5 per cent of curcumine.
    • The state is focusing on developing water harvesting and distribution infrastructure to increase the level of mechanisation in the horticulture sector.

Key Industries – Agriculture, Horticulture and Food Processing

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES

    • It is estimated that Meghalaya has a hydroelectric power potential of 3,000 MW, of which only 314.58 MW has been developed so far.
    • The State Government is inviting investments in this area through the PPP mode. Independent Power Producers (IPP) are also being invited to develop hydro projects in Meghalaya; this provides immense potential for investment.

Key Industries – Hydroelectric Power

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES

Key Industries – Tourism

Meghalaya

    • Meghalaya is richly endowed with flora, fauna, thick forests, ancient forest groves, large rivers and grass fields – making it an attractive tourism destination.
    • The domestic tourist population increased by 10.3 per cent from 591,398 in 2009 to 652,756 in 2010.
    • In 2010, around 4,177 foreign tourists have visited the state.
    • Public Private Partnership (PPP) is being invited by the Meghalaya government to create tourist complexes, eco-tourism, adventure tourism, ethnic culture tourism, health farms, hotels, convention centres, tourist travel services, etc.
    • The state is planning to utilise its abundant water resources to attract tourists, through eco-tourism and adventure tourism.

Total Tourist Arrivals in Meghalaya

No of Tourists (‘000)



Sources: Ministry of Tourism, Government of India, Statistical Handbook of Meghalaya 2008-09

AUGUST


2012

ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES


    • The IT policy of Meghalaya defines the IT penetration plan for various industries and public sector organisations.
    • With a high literacy rate, affordable cost, substantial English-speaking population, improved telecommunication connectivity and favourable climate, Meghalaya is well-poised to serve the IT industry.
    • The policy also provides various incentives and concessions for investments in IT sector.

Key Industries – IT

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES

    • Mulberry, muga and eri cocoons are cultivated in Meghalaya.
    • The state produced 430.4 MT of eri, 15.7 MT of mulberry cocoon and 57.5 million cocoons of muga in 2008-09.
    • Sericulture has predominantly remained a cottage industry and the State Government is taking proactive steps in training people, reaching out to the market and providing technical support.
    • There are 12 seed farms in the state.
    • Around 16,000 families are involved in sericulture farming in the state.

Key Industries – Sericulture Industry

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES

    • Meghalaya has an established tradition of high-quality weaving. Around 15,900 families are involved in handloom activities in the state.
    • There are eight handloom production centres, 24 handloom demonstration-cum-production centres, 24 weaving training centres and a state-level handloom training institute (Mendipathar, East Garo Hills) in the state.
    • With support from the National Institute of Design and National Institute of Fashion Technology, the handloom industry is being developed by the Meghalaya government.
    • The state had increased its production of handloom fabric from 10.8 million sq m in 2008-09 to 12.8 million sq m in 2009-10, through the supply of improved looms and accessories to weavers.

Key Industries – Handloom and Handicrafts

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

BUSINESS OPPORTUNITIES

    • Meghalaya has rich mineral resources, with reserves of 576.48 million tonnes of coal, 15,100 million tonnes of limestone, 12 million tonnes of fire clay, 97 million tonnes of lithomargic clay, 1.45 million tonnes of bauxite, 0.015 million tonnes of phosphate rocks, 0.045 million tonnes of sillimanite, 50 million cubic metres of granite and substantial reserves of quartz, feldspar, gypsum and uranium.
    • The mining industry has just opened up in Meghalaya; most of the coal and stones are being exported to Bangladesh.
    • A number of cement factories are being either planned or set up, owing to the rich mineral content of the state.
    • The state drafted a Mineral Policy in 2010, which aims to “facilitate systematic, scientific and planned utilisation of mineral resources and to accelerate the mineral-based development of the state.”

Key Industries – Minerals and Mining

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

Contents

  • Meghalaya – An Introduction
  • Infrastructure Status
  • Business Opportunities
  • Doing Business in Meghalaya
  • State Acts & Policies


For updated information, please visit www.ibef.org

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

Key Approvals Required

For updated information, please visit www.ibef.org

Approvals and Clearances Required

Department

Incorporation of Company

Registrar of Companies

Registration, Industrial Entrepreneurs Memorandum, Industrial Licenses

Industries Department of Meghalaya

Permission for Land Use

Allotment of Land

Site Environmental Approval

Meghalaya Pollution Control Board

No-Objection Certificate and Consent under Water and Pollution Control Act

Registration under States Sales Tax Act and Central and State Excise Act

Excise Department

Commercial Taxes

Sanction of Power

Meghalaya Energy Corporation Limited

Power Feasibility

Power Connection

Approval for Construction Activity and Building Plan

Public Works Department

Water and Sewerage Clearance

Public Health and Engineering Department

Water Connection

Meghalaya

DOING BUSINESS IN MEGHALAYA

AUGUST

2012


ABODE OF CLOUDS

Cost of Doing Business in Meghalaya

For updated information, please visit www.ibef.org

Cost Parameter

Cost Estimate

Source

Cost of Land (per acre)

US$ 75,000 to US$ 200,000 (Shillong)

Industry Sources

Hotel Cost (per room per night)

US$ 25 to US$ 65

State Tourism Website

Office Space Rent (2,000 sq ft)

US$ 300 to US$ 800 per month

Industry Sources

Residential Space Rent (2,000 sq ft house)

US$ 75 to US$ 300 per month

Industry Sources

Power Cost (per kwh)

Commercial: US 8.3 cents to US 9.4 cents

Industrial: US 7.9 cents to US 8.8 cents



Meghalaya Energy Corporation Limited

Labour Cost (minimum wages per day)

Unskilled: US$ 2.2

Skilled: US$ 3.0



Ministry of Labour and Employment, Government of India

Meghalaya

DOING BUSINESS IN MEGHALAYA

AUGUST

2012


ABODE OF CLOUDS

For updated information, please visit www.ibef.org

Contact List

Agency

Contact Information

Ministry of Development of North Eastern Region

258, 1st Floor, Vigyan Bhavan-Annexe

New Delhi-110011

Phone: 91-11-2302 2401, 2302 2400

Fax: 91-11-2306 2754

Website: www.mdoner.gov.in


Commerce & Industries Department

Director of Commerce & Industries, Administrative Building, Lower Lachumiere Shillong-793 001 East-Khasi Hills District, Meghalaya

E-mail: industries-meg@nic.in

Website: http://megindustry.gov.in


Meghalaya Energy Corporation Limited

Meghalaya Energy Corporation Limited Lum Jingshai, Short Round Road

Shillong-793001

Meghalaya, India

Phone: 91-364 2590610/ 2590742/ 2590710/ 2591843

Fax: 91-364-2590355

E-mail: acec.meecl-meg@nic.in

Website: www.meseb.nic.in


DOING BUSINESS IN MEGHALAYA

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

Contents

  • Meghalaya – An Introduction
  • Infrastructure Status
  • Business Opportunities
  • Doing Business in Meghalaya
  • State Acts & Policies


For updated information, please visit www.ibef.org

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

State Acts & Policies … (1/2)

North East Industrial and Investment Promotion Policy (NEIIPP) 2007

    • To promote the Northeast region as an attractive investment destination through various concessions and incentives.

Read more

Objective

For updated information, please visit www.ibef.org

STATE ACTS & POLICIES

Meghalaya Mineral Policy 2010 (Draft)

    • To facilitate systematic, scientific and planned utilisation of mineral resources and to accelerate the mineral-based development of the state.

Read more

Objective

Meghalaya

Meghalaya Tourism Policy 2011


    • To position Meghalaya as a preferred tourist destination by taking advantage of its rich cultural heritage and natural beauty.

Read more

Objective

AUGUST

2012


ABODE OF CLOUDS

State Acts & Policies … (2/2)

For updated information, please visit www.ibef.org

STATE ACTS & POLICIES

Industrial Policy 1997

    • To facilitate rapid and sustained industrial development of the state.
    • To achieve a balanced and growth oriented development covering the entire state through promotion of village and small scale industries.

Read more

Objectives

IT Policy 2004

    • To create wealth, generate employment and bring in IT-led economic growth.
    • To make information technology as a tool for attaining all round development in the state.

Read more

Objectives

Meghalaya

AUGUST


2012

ABODE OF CLOUDS

Annexure

For updated information, please visit www.ibef.org

ANNEXURE

Average for the year



Year

INR equivalent of one US$

2004-05

44.95

2005-06

44.28

2006-07

45.28

2007-08

40.24

2008-09

45.91

2009-10

47.41

2010-11

45.57

2011-12

47.94

Exchange Rates

Meghalaya

AUGUST

2012


ABODE OF CLOUDS

India Brand Equity Foundation (“IBEF”) engaged GenX Info Technologies Pvt Ltd (”GenX”) to prepare this presentation and the same has been prepared by GenX in consultation with IBEF.

All rights reserved. All copyright in this presentation and related works is solely and exclusively owned by IBEF. The same may not be reproduced, wholly or in part in any material form (including photocopying or storing it in any medium by electronic means and whether or not transiently or incidentally to some other use of this presentation), modified or in any manner communicated to any third party except with the written approval of IBEF.

This presentation is for information purposes only. While due care has been taken during the compilation of this

presentation to ensure that the information is accurate

to the best of GenX’s and IBEF’s knowledge and belief, the content is not to be construed in any manner whatsoever as a substitute for professional advice.

 

GenX and IBEF neither recommend nor endorse any specific products or services that may have been mentioned in this presentation and nor do they assume any liability or responsibility for the outcome of decisions taken as a result of any reliance placed on this presentation.



 

Neither GenX nor IBEF shall be liable for any direct or indirect damages that may arise due to any act or omission on the part of the user due to any reliance placed or guidance taken from any portion of this presentation.

Disclaimer

For updated information, please visit www.ibef.org

DISCLAIMER

Meghalaya



AUGUST

2012


The database is protected by copyright ©sckool.org 2016
send message

    Main page