NAGALAND

The state of Nagaland is a narrow strip of mountainous territory between the Brahmaputra Valley of Assam and Myanmar. On the east it shares India’s International boundary with Burma. It has the second lowest minimum wage rate in the country and improved availability of labor. Though power is available in sufficiency, it has poor growth of all other infrastructure. The poor law and order system also poses as a deterrent to industrial growth.

Land area: 16,579 sq. km.
Population: 1.2 million
Capital: Kohima
Per Capita Income: Rs 6,638
Inflation Rate: 6.4%

Incentives:

• Exemption from stamp duty for select industry categories
• State-sponsored entrepreneur development programs for local industry
• State capital investment subsidy up to Rs 500,000 per unit
• 30% subsidy on machinery and equipment required by captive power plants
• Power subsidy of 30% (up to Rs 1.5 per unit) to all new industrial units located in the state
• Transport subsidy for procuring raw materials up to the Siliguri rail-head
• Exemption from sales tax (up to 5 years) for all new industrial units in the state
• 5-year income tax holiday for new industrial units set up in the Northeast