Meghalaya Map

Meghalaya

About Meghalaya: Industries, Economy, Exports, Tourism, Agriculture, Climate, Geography

Latest update: April, 2014

Economic Snapshot: GSDP of Meghalaya

At current prices, Meghalaya’s GSDP was about US$ 3.4 billion in 2012-13.

Economic Snapshot: GSDP of Meghalaya

Break-up of outstanding investments in Meghalaya

In 2012-13, outstanding investments in the state were US$ 3.8 billion.

Break-up of outstanding investments in Meghalaya

Factfile

  • Capital:Shillong
  • Geographical Area (sq km):22,429
  • State Language:English, Khasi, Pnar and Garo
  • Literacy Rate:75.5 per cent
  • Key Industries:Agriculture and food processing, floriculture, horticulture, mining, cement, tourism, hydroelectric power, handlooms, handicrafts and sericulture

Last Updated: April, 2014

MEGHALAYA State Report | March, 2014

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.

The state has favourable agro-climatic conditions, which support agriculture, horticulture and forestry. It has abundant natural resources, which offer significant avenues for investment.

At current prices, Meghalaya’s gross state domestic product (GSDP) was about US$ 3.4 billion in 2012-13. The state’s GSDP expanded at a compound annual growth rate (CAGR) of 13.7 per cent between 2004-05 and 2012-13.

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

In addition to the central government’s incentives for investments in the northeast region, the state offers a host of industrial incentives. Agro-processing, horticulture, minerals, tourism, electronics and IT have been identified as thrust sectors for development and promotion.

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