Proper facts and accuracy about the industrial development in Nagaland.
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Nagaland is mainly an agricultural state with great commercial opportunities in floriculture and horticulture. The state enjoys great natural beauty along with forests and hilly terrain. This is the reason why the state has 650 indigenous species of medicinal and aromatic plants and the rare flora and fauna. Apart from the agricultural produce the other industries that we see here are bamboo, allied industries, tourism, sericulture, mining and minerals. Cottage industries can be seen in vast numbers and they are the ones who influence the village economy. Weaving and dyeing, cane work, wood work, pottery, paper mills, and bamboo work. Bamboo industries are found in vast numbers and the state provides for the total 5% of the country’s stock. There are silk industries as well and in the future the production will reach 1,700 MT from 300 MT. The government is trying to establish several industries here like the sugar mill, pulp and paper and electronics as well.
The scenario of industrial Nagaland
Nagaland gross state domestic product was $ 3.33 billion in 2014 – 15 and the GSDP was 9.88% in 2004 to 2014-15. The state comprises of natural minerals and resources, hydropower and petroleum. The state has reserves of 600 million metric tons of crude oil and 20 million tones of hydrocarbon reserves and also 315 Metric tons of coal reserves with 1,038 metric tons of limestone reserves. The NIDC promotes industries in the state and has also proposed multi product SEZ as well. The state government has taken major initiatives to promote industries in various sectors. The infrastructure is being revamped and with it the other facilities like water, electricity and roads are also getting attention for the development purpose.
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