Mizoram has abundant bamboo resources as around 57% of the geographical area of Mizoram is under Bamboo cover found at heights in the range of 400m-1500m above mean sea level.
Mizoram is one of the seven states in the northeast. Mizoram shares its borders with other northeast states like Manipur, Tripura, and Assam as well as with neighboring countries of Bangladesh and Myanmar.
Industries in the state enjoy a unique location-specific advantage. Bordering Myanmar and Bangladesh, Mizoram offers a gateway for engaging in international trade with Southeast Asian countries. With improving road, rail and air connectivity and the establishment of trade routes with neighboring countries, trade facilitation has improved over the last decade.
Bamboo forests cover 3,267 sq kms of Mizoram’s geographical area. There is an estimated growing stock of 25.26 million metric tonnes (MMT) of 35 varieties of bamboo in the state. It offers immense potential for commercial exploitation of the natural resources for export-oriented industries.
The climatic conditions in the state provide a conducive breeding ground for commercial exploitation of all kinds of silkworms. Sericulture remains one of the state's key industries. Raw silk production in Mizoram stood at 58 metric tonnes in FY22 (until December 2021).
Mizoram has the potential to generate 4,500 megawatt (MW) of hydro power. As of August 2022, Mizoram had a total installed power generation capacity of 213.24 MW, comprising hydro (97.94 MW), thermal (70.81 MW) and renewable energy sources (44.49 MW).
With a literacy rate of 91.33%, 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 neighboring countries, trade facilitation has improved over the last decade.
Minister of State for Culture and Tourism (Independent charge), Mr Prahlad Singh Patel virtually inaugurated Thenzawl Golf Resort Project implemented under the Swadesh Darshan Scheme of Ministry of Tourism.
UDAN 4.0, a scheme under the Ministry of Civil Aviation (MoCA), has invited bids for 6 underserved and 24 unserved airports/airstrips in the North-East states of India with a focus on connectivity to the region.