Last Updated: May 15, 2014
Latest update: November, 2014
Last Updated: November, 2014
ARUNACHAL PRADESH State Report | November, 2014
Arunachal Pradesh is located in the Northeast of India. It shares its borders with the neighbouring countries of Bhutan in the west, China (Tibet) in the north and northeast, Myanmar in the east and southeast and the Indian states of Assam and Nagaland in the south. The geographic location of the state provides immense opportunities for international trade with South Asian countries such as Myanmar, Bhutan and China.
The hydropower potential in the state is currently estimated at 60,000 MW, or approximately 25 per cent of India's current power generating capacity. The Gross State Domestic Product (GSDP) of Arunachal Pradesh increased at a compound annual growth rate (CAGR) of 16.1 per cent between 2004-05 and 2013-14.
Arunachal Pradesh is home to 601 species of orchids, or 52 per cent of the species of orchids known in India, indicating a huge potential for attracting tourists, especially foreign ones. Some of the other key industries of the state include art and crafts, weaving, cane and bamboo, horticulture, power and mineral based industry.
The state and central governments have both offered huge fiscal and policy incentives for the development of thrust sectors in the state. Some of these policies include Public Private Partnership Policy 2011, the State Industrial Policy 2008 and the Hydro Power Policy 2008.