Latest update: December, 2019
Last Updated: December, 2019
arunachal pradesh State Report | December, 2019
Arunachal Pradesh is the largest among the seven states located in the Northeast of India, with an area of 83,743 sq km. 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.
At current prices, the Gross State Domestic Product of Arunachal Pradesh reached Rs 293.51 lakh crore (US$ 4.19 billion) in 2018-19 and Rs 280.52 lakh crore (US$ 4.01 billion) in 2019-20. The state’s GSDP (in Rs) increased at a compound annual growth rate of 12.33 per cent between 2011-12 and 2019-20.
The land is mostly mountainous with the Himalayan ranges running north-south. The state is divided into five river valleys - the Kameng, the Subansiri, the Siang, the Lohit and the Tirap. These river valleys have immense hydropower potential, currently estimated at 50,328 MW, or approximately 22 per cent of India's current power generating capacity. As of November 30, 2019, the installed hydropower capacity in the state stood at 116.55 MW.
The state's economy is largely agrarian, based on the terraced farming of rice and the cultivation of crops such as maize, millet, wheat, pulses, sugarcane, ginger, oilseeds, cereals, potato, and pineapple. In 2018-19* total horticulture production reached 213.87 thousand metric tonnes.
Some of the other key industries of the state include art and crafts, weaving, cane and bamboo, horticulture, power and mineral based industry. Due to its topography, the state has varied agro-climatic conditions suitable for horticulture of flowers and aromatic and medicinal plants. 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.
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. In October 2014, the According to the Department for Promotion of Industry and Internal Trade (DPIIT), FDI inflows to the Northeast states totaled to US$ 122 million from April 2000 to June 2019.
*As per 3rd Advance estimates by Ministry of Agriculture and Farmers Welfare
Last Updated: December 09, 2019