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Manipur Presentation and Economic Growth Report | IBEF

Last updated on Mar, 9 2021

Economic Snapshot
Per capita Income

 


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 ‘Switzerland of the East’. Its breath-taking 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 and 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. In 2017, the state accounted for 10,687 square kms of bamboo bearing area.

Manipur has the highest number of handicrafts units as well as the highest number of craft persons comprising 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.

Gross State Domestic Product (GSDP) for Manipur increased to Rs. 278.69 billion (US$ 4.05 billion) in 2018-19. The state’s GSDP expanded at a CAGR of 12.58% between 2015-16 and 2018-19.

Total merchandise exports from Manipur stood at US$ 0.39 million in FY21(as of November 2020). IC engine and parts accounts for a majority (56%) of the merchandise exports of the state.

As of November 2020, Manipur had a total installed power generation capacity of 261.82 MW.

Imphal, Manipur’s capital city, has one airport and Air India provides air cargo services to this airport. 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.

Mr. Nitin Gadkari, Union Minister for Road Transport, Highways and MSMEs, laid the foundation for 13 highway projects in August 2020 and launched a road safety project in Manipur.

According to the Department for Promotion of Industry and Internal Trade (DPIIT), cumulative Foreign Direct Investment (FDI) inflow in Manipur** amounted to US$ 122 million between April 2000 and September 2019.

Some of the major initiatives taken by the Government to promote Manipur as an investment destination are:

  • In November 2020, Manipur Chief Minister, Mr. N. Biren Singh launched the Oil Palm Project, which is expected to be an alternative for Jhum and Poppy cultivations in the state.
  • Three common facility centres for bamboo processing have been established at Tamenglong, Churachandpur, and Imphal. Government of Manipur is building a Bamboo Technology Park at Kadamtala, Jiribam with an estimated cost of US$ 104.3 million. In FY21, the annual allocation in Manipur to implement the ‘National Bamboo Mission’ stood at Rs. 65 million (US$ 0.88 million).
  • Manipur is the first state in India to have set up the 4-core infrastructure of the National e-Governance Plan - Common Service Centre, Statewide Area Network, State Data Centre and State Portal, and State Service Delivery Gateway and e-forms.
  • Hydropower majors such as Satluj Jal Vidyut Nigam Limited (SJVNL) and National Hydroelectric Power Corporation Limited (NHPC) are jointly setting up a mega hydroelectric power project at Tipaimukh with an investment of US$ 2.0 billion.
  • Prime Minister, Mr. Narendra Modi, laid the foundation stones for the water supply project in Manipur in July 2020. Under the ‘Jal Jeevan Mission’ to Manipur, the Government of India has given funds to cover 1,185 houses with 1,42,749 households for Freshwater Household Tap Connections.
  • The National Skill Training Institute (NSTI), Extension Centre, Manipur was e-inaugurated at the Government ITI campus in July 2020. The centre is expected to facilitate training in trades of motor mechanic, carpentry and electrician in the Crafts Instructor Training Scheme (CITS).

Note: P- Provisional, **- includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura

Manipur State Presentation

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