Last Updated: May 05, 2015
Latest update: November, 2014
Last Updated: November, 2014
MEGHALAYA State Report | March, 2015
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.
At current prices, Meghalaya's gross state domestic product (GSDP) was about US$ 3.5 billion in 2013-14. The state's GSDP expanded at a compound annual growth rate (CAGR) of 13.7 per cent between 2004-05 and 2013-14.
Of the 6,000 medicinal plants in India, 834 plants, including the famous Himalayan Yew, are in Meghalaya. Moreover, the state has eight of the top 20 medicinal plants that are traded in the country and are in high demand.
Meghalaya has a hydroelectric power potential of around 3,000 megawatt (MW), of which just 314.58 MW has been utilised so far.
Meghalaya, with abundant deposits of coal, limestone, kaolin feldspar, quartz, granite, industrial clay and uranium and a small deposit base of sillimanite, bauxite, base metals and apatite; has great industrial potential.
Meghalaya, one of the most picturesque states in the country, has two National Parks and three Wildlife Sanctuaries. It offers many adventure tourism opportunities like mountaineering, rock climbing, hiking & trekking, water sports, etc.
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.