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 expected to be Rs. 48,038 crore provisional (US$ 5.77 billion) in 2024-25. The state’s GSDP (in Rs.) increased at a CAGR of 13.68% between 2015-16 and 2024-25.

At current prices, the net state domestic product (NSDP) of Mizoram reached Rs. 242.93 billion (US$ 3.31 billion) in 2021-22. The state’s NSDP (in Rs.) increased at a CAGR of 10.16% between 2015-16 and 2021-22.

In FY25 (Until August), the total merchandise exports from the state stood at US$ 0.20 million. Mizoram exports key items such as Spices, Fruits and vegetables.

As of August 2024, Mizoram had a total installed power generation capacity of 265.23 MW, comprising hydro (97.94 MW), thermal (91.51 MW) and renewable energy sources (75.78 MW).

In State Budget 2024-25, the government has proposed to allocate Rs. 944 crore (US$ 114.7 million) for the energy sector. 

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 silkworms.

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:

• Total horticulture production in Mizoram was 707.97 thousand metric tonnes as per third advance estimates for 2023-24. In FY24, the state produced 346.07 thousand tonnes of fruits under an area of 68.88 thousand hectares. Similarly, 101.21 thousand tonnes of spices were produced in the state under an area of 27.82 thousand hectares in FY24.
• The state government allocated Rs. 727 crore (US$ 88.34 million) for agriculture & allied activities under its annual budget 2023-24.
• In the fiscal year 2024-25, various government programs, initiatives, and central schemes will be consolidated under Bana Kaih policy to benefit those working in agriculture and industry. A budget of Rs. 200 crore (US$ 24 million) has been allocated for this purpose.
• In the State budget 2024-25, the government has proposed to allocate Rs. 944 crore (US$ 114.7 million) for the energy sector.
• Under the State Budget 2023-24, the government allocated Rs. 187,213.68 lakh (US$ 226.54 million) to the education, sports and art & culture sectors, Rs. 63,456.54 lakh (US$ 76.78 million) for health & family welfare, Rs. 7,214.66 lakh (US$ 8.73 million) to the industry and minerals sectors, Rs. 79,301.33 lakh (US$ 95.96 million) for agriculture & allied activities, and Rs. 1,134.16 lakh (US$ 1.37 million) to the tourism sector.
• As of 2021-22, the state has 545 sub-centres, 70 primary health centres, 9 community health centres, 2 sub-district hospitals, and 9 district hospitals.
• Raw silk production in Mizoram stood at 59 MT in FY22 and 84 MT in FY23.
• The state had a road network of 7,769.06 km during 2021-22. Mizoram had 1,498.67 km of national highways as of December 2022.
• In the Union Budget 2022-23, the Indian government allocated Rs. 100 crore (US$ 13.10 million) for the construction of Bamboo Link roads at different locations in Mizoram.  
• In August 2021, the Chief Minister of Mizoram, Mr. Zoramthanga, inaugurated the 84.50 km long completed section of the improved Khedacherra-Damcherra-Zamuang-Kawrthah-Tuilitkawn (KDZKT) road at Tuidam, Mamit.
• National Bamboo Development Agency has set up 8 bamboo handicraft clusters, 11 bamboo furniture clusters, 3 bamboo agarbatti clusters and 5 other bamboo clusters, to date, under the cluster development programme in the state.
• By 2021, the Mizoram Government was planning to construct four solar plants and a solar park to generate 80 MW of solar power.
• In the State Budget 2021-22, the government proposed to allocate Rs. 46,664.90 lakh (US$ 63.64 million) for the development of roads and bridges.
• The railway project of the Bhairabi-Sairang route is estimated to be completed by the end of March 2023. Mizoram will get connected with the main rail lines through the 52 km Sairang - Bhairabi rail line, crossing through 23 tunnels, 36 major and 147 minor bridges.
• The union government in its FY22 budget allocated Rs. 1, 000 crore (US$ 137.10 million) for the Bairabi – Sairang project in Mizoram.
• In FY23, the Lengpui (Aizawl) Airport in Mizoram recorded 471 metric tonnes in freight, along with the movement of 357,639 passengers, and 4,038 aircraft.
• National Bamboo Mission (NBM), a centrally sponsored scheme, envisages an increase in the coverage area under bamboo plantation and consequently improvement in yield to 18-20 tonnes per hectare from the current 3 tonnes. In FY21, the annual allocation in Mizoram to implement the ‘National Bamboo Mission’ stood at Rs. 70 million (US$ 0.95 million).
• Aizawl was selected under Atal Mission for Rejuvenation and Urban Transformation (AMRUT) for which Rs. 140.25 crore (US$ 19.44 million) was allocated to Mizoram in January 2019. It was also selected under the smart cities mission of the Government of India.
• Under the State Budget 2021-22, the government allocated Rs. 182,790.91 lakh (US$ 249.16 million) to the education, sports and art & culture sectors, Rs. 59,597.36 lakh (US$ 81.23 million) for health & family welfare, Rs. 9,019.55 lakh (US$ 12.29 million) to the industry and minerals sectors, Rs. 86,550.07 lakh (US$ 117.95 million) for agriculture & allied activities and Rs. 1,089.78 lakh (US$ 1.48 million) to the tourism sector.

Note: MW - Megawatt