Manipur enjoys a distinct place amongst the handloom zones in India, with the handloom industry being the largest cottage industry in the state.
Manipur is situated in the eastern-most corner of Northeast India. The state shares borders with other northeast states like Nagaland, Mizoram and Assam, as well as with the neighbouring country of Myanmar. Due to its wealth of flora and fauna, Manipur is described as a ‘flower on lofty heights’, ‘a jewel of India’ and the ‘Switzerland of the East’. Its breathtaking scenic beauty makes it a tourist’s paradise.
Manipur has the advantage of acting as India's 'Gateway to the East' through Moreh town, which is the only feasible land route for trade between India and Myanmar, as well as other Southeast Asian countries. With about 3,268 square kms. of area covered by bamboo forests, Manipur is one of India’s largest bamboo producing states and a major contributor to the country’s bamboo industry.
Manipur has the highest number of handicraft units and the highest number of craft persons (skilled and semi-skilled artisans) in the entire Northeast region. Handlooms is the largest cottage industry in Manipur and the state ranks among the top five in terms of the number of looms in the country.
In November 2021, Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Mr. Piyush Goyal, announced that a Rs. 30 crore (US$ 3,91 million) mega handloom cluster will be set up in the Imphal East district.
At current prices, Manipur’s GSDP is likely to reach Rs. 423 billion (US$ 5.52 billion) in 2022-23. The state’s GSDP expanded at a CAGR of 11.67% between 2015-16 and 2022-23.
Total exports from Manipur stood at US$ 0.93 million in FY22 and US$ 0.3 million in FY23 (till August 2022). In FY22, cotton fabrics accounted for a majority (44.18%) of the merchandise exports from the state.
As of August 2022, Manipur had a total installed power generation capacity of 246.33 MW. Out of the total installed power-generation capacity, 95.34 MW was contributed by hydropower, 133.26 MW by thermal power and 113.07 MW by renewable power.
With regards to infrastructure, Imphal, Manipur’s capital city, has one airport and Air India provides air cargo services. Eleven national highways, with a total length of 1,750 kms, run through the state. Indian Railways is constructing the world's highest pier bridge across the river Ijai in Manipur. The construction of the Manipur Pier Bridge is worth Rs. 2.8 billion (US$ 38 million) and is scheduled for completion in March 2022.
Manipur was added to India's railway map when the first passenger train arrived in the state and completed a successful trial run in July 2021.
Mr. Nitin Gadkari, Minister of Road Transport and Highways, launched and laid the foundation stones for 15 national highway projects in Manipur in August 2021. The new projects cover a total distance of 298 kms and are expected to cost Rs. 4,148 crore (US$ 563.47 million*).
According to the Department for Promotion of Industry and Internal Trade (DPIIT), FDI inflows to other states* (this includes Manipur) totalled US$ 28.27 million between October 2019-June 2022.
Note : * - Combined figures for Nagaland, Manipur, Mizoram, Sikkim, Andaman & Nicobar Islands and Lakshadweep