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
