Mizoram shares borders with other north-eastern states of Manipur, Tripura and Assam, and neighbouring countries of Bangladesh and Myanmar.
With 31 per cent 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 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.
Average gross state domestic product (GSDP) growth rate was at 14.8 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.
With a literacy rate of 91.6 per cent, Mizoram offers a highly literate workforce. Knowledge of English is an added advantage for the Mizo workforce. With improving road, rail and air connectivity and the establishment of trade routes with neighbouring countries, trade facilitation has improved over the last decade.