Nagaland is located in the Northeast of India. The state is surrounded by Myanmar in the East, Arunachal Pradesh in the North, Assam in the West, and Manipur in the South.
Nagaland's agro-climatic conditions favour agriculture, horticulture and forestry, offering immense potential in these areas. The state has considerable resources of natural minerals, petroleum and hydropower. Transport and communication connectivity is good. Industrial centres and special economic zones (SEZs) are being developed to enhance the marketability of products.
The state provides institutional support through various central and State Government agencies viz., North East Council, Ministry of Development of North Eastern Region and Nagaland Industrial Development Council. The state offers excellent policy and fiscal incentives for agro-based and forest-based industries, horticulture, food processing, mining, tourism and the handlooms and handicrafts sector.
Nagaland has a high literacy rate of 80.1 per cent. Majority of the population in the state speaks English, which is the official language of the state. The state has strong focus on technical and medical education.
At current prices, the gross state domestic product (GSDP) of Nagaland was about US$ 2.51 billion in 2011-12. Nagaland's GSDP grew at a compound annual growth rate (CAGR) of 9.9 per cent between 2004-05 and 2011-12.