Last updated on Nov, 17 2020
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 neighbouring countries of Bangladesh and Myanmar.
At current prices, the Gross State Domestic Product (GSDP) of Mizoram reached Rs. 312.41 billion (US$ 4.47 billion) in 2019-20. At current prices, Net State Domestic Product (NSDP) of Mizoram reached Rs. 203.16 billion (US$ 2.68 billion) in 2019-20.
In FY20, the total merchandise export from the state stood at US$ 0.58 million. The total exports of spices from Mizoram stood at US$ 0.05 million (8.62%).
As of August 2020, Mizoram had a total installed power generation capacity of 207.44 MW, comprising 97.94 MW from hydro, 71.51 MW from thermal and 37.99 MW from renewable energy sources (RES).
The state has a large forest area and contributes 14% to the country’s bamboo production. The climatic conditions in the state provide a breeding ground for commercial exploitation of all kinds of silkworm.
According to Department for Promotion of Industry and Internal Trade (DPIIT), Foreign Direct Investment (FDI) inflows to Mizoram** totalled US$ 122 million between April 2000 and September 2019.
Zoram Industrial Development Corporation (ZIDCO) is responsible for the overall development of industrial infrastructure in the state. Mizoram has eight industrial estates, of which five are operational and the remaining are yet to be developed.
The following are some of the major initiatives taken by the government to promote Mizoram as an investment destination:
Note: MW - Megawatt, **- includes Assam, Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland, and Tripura
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