Nagaland Industrial Development Corporation (NIDC) is responsible for the development of industrial infrastructure in the state.
Promoted by NIDC, the Export Promotion Industrial Park (EPIP) at Dimapur has received formal approval as a special economic zone (SEZ) for agro and food processing.
A proposed multi-product SEZ spread across 400 hectares in Dimapur has received formal approval.
The following are some of the major initiatives taken by the government to promote Nagaland as an investment destination:
- The state government and Nagaland Industrial Development Corporation Ltd planned investment of around US$ 5.81 million in developing the SEZ.
- The state has established various MSME industrial clusters, mainly in Kohima, Wokha and Mokokchung districts.
- The state aims to promote tea plantations. In November 2013, Echahaba Tea Estate and its factory at Merankong, near Tuli town, were inaugurated. It is the first tea garden in the state to have its own factory.
- The state government has proposed an outlay of around US$ 406.8 million for agriculture and allied sectors development during the 12th Five-Year Plan.
- To exploit the huge potential of hydropower generation in the villages, the New and Renewable Energy Department of the Government of Nagaland has identified 21 feasible sites for hydro projects at the micro and mini levels.