Industries In Meghalaya A Technologically Modern Web Platform For Expanding Their Business.

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Market Environment
Meghalaya has a predominantly agragarian economy that favors the growth of food-processing and beverages industries. Meghalaya produces a number of crops like maize, rice, pulses, cotton jute, oilseeds, mesta and jute by using its diverse range of soils including laterite and red-loamy soils. The state is extremely rich in natural resources and minerals reserves of limestone, coal, sillimanite, granite and kaolin that are abundant in the state. The state has a breath taking natural beauty and abundant forest cover. Hence the conditions are ripe for investments in these prime sectors of growth. The state also leads in bamboo production and floriculture and has a number of medicinal plants favoring the growth of pharmaceutical sector.

The state has a good rail, road and air network and the governments of both center and state are emphasizing on the development of these connectivity areas for boosting the state’s importance as a vital trade link between India states and other countries. The state also has a huge power generation potential which is waiting to be exploited. The governments have also devised policies for promoting the growth on industries in sectors like IT, electronics, tourism, minerals, horticulture and agro-processing as the state is abundant in raw materials concerning these industrials sectors.

Why Kompass B2B Portal
Kompass is dedicated towards providing its clients from India and overseas a modern and futuristic platform where they can showcase their product and service offerings and expand their business in an affordable way while saving time. We connect buyers and consumers and other stakeholders from different industrials sectors (including manufacturers and suppliers) at one place and help them gain more profit and business opportunities. Our services are availed by MSMEs and larger businesses and they reach customers in India and overseas through us.