Business Opportunities in Meghalaya
Export Routes :
- 8 Nos. of Customs Stations
- Coal, Limestone, Boulders, Fruits
Industrial Infrastructure
- Scheme Area Declared
- Income Tax Exemption
- Excise Duty Exemption
- Interest Subsidy on Working Capital : 3 % for 10 years
- Interest Subsidy on Term Loan : 4 % for 3 years
Scheme Area
- Distance of Scheme Areas
- To Railhead : 25 Kms
- International Airport : 30 Kms
- Dhaka : 400 Kms
Business Opportunities
- Mineral Base
- Limestone Based Industries
- Clay Based Industries
- Coal Based Industries
- Refractories : (Sillimanite & Fire Clay)
- Agro - Horticulture
- Alcohol from Tapioca
- Spice Oleoresins (Ginger, Turmeric, Tezpata, Chilies)
- Medicinal Plant (Taxus Baccata, Orchids & Floricultures)
- Tourism
- Wettest Place on Earth (Cherrrapunjee & Mawsynram)
- Wildlife Tourism (Balpakram National Sanctuary)
- Adventure Tourism (Caving & White Water Rafting)
- Golf Tourism (18 Hole Natural Golf Course)
- New Tourism Policy Declared
- Tourism Infrastructure in place
- Leather Industry
- High Quality Hides
- 400 Heads Slaughtered Daily
- 83 Lakh Sq. ft. of Hide Per Annum
- Large Footwear Market
- North East India Alone – Rs. 130 Crores5% Local Production
- IT Industry
- Urban Literacy - 80%
- Good English Accent
- Conducive Climate
- Power Generation
- Existence of Hydro Power Potential
- 2800 MW
- 30 Potential Sites
Investment Climate
- Supportive Financial Institutions
- Scheduled Commercial Banks – 180 Branches
Central Incentives
- Transport Subsidy
- Income Tax Exemption
- Excise Exemption
- Capital Investment Subsidy
- Special Incentives for Food Processing
- Subsidy on Comprehensive Insurance
State Incentives
- Power Subsidy : 30%
- Subsidy on drawal of Power Line (33 KV and above)
- Employment Subsidy
- Refund of Central Sales Tax
Why Meghalaya
- Store House of Natural Resources
- Liberalise Industrial Policy
- Absence of Labour Unions
- Skilled Man Power
- Locational Advantage for South East Asia Market