Last Updated: May 05, 2015
Latest update: August, 2015
Last Updated: August, 2015
MIZORAM State Report | August, 2015
Mizoram shares borders with other north-eastern states of Manipur, Tripura and Assam, and neighbouring countries of Bangladesh and Myanmar.
With 31 per cent (6,446 sq km) of its geographical area covered by bamboo forests, the state is one of the leading producers of bamboo in India, contributing 14 per cent to the country's bamboo stock. It offers immense potential for commercial exploitation of the natural resources for export-oriented industries.
Sericulture remains one of the state's key industries. As of March 2012, the industry provided employment to 7,826 families across 314 villages.
Of the 24,000 hectares of potential land for fish farming in Mizoram, just 4,500 hectares of land has been developed until 2012-13. The 12th Five-Year Plan aims to achieve 14,300 metric tonnes of table-sized fish by the end of 2017.
Mizoram has a hydroelectric power potential of 4,500 MW, of which just 0.7 per cent has been harnessed to date.
Compounded annual gross state domestic product (GSDP) growth rate was at 14.7 per cent between 2004-05 and 2012-13. The state provides a wide variety of incentives under its various policies. Special incentives for promotion of export-oriented industries and other thrust sectors are also provided.