MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS For updated information, please visit www.ibef.org 1 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Contents Mizoram – An Introduction Infrastructure Status Business Opportunities Doing Business in Mizoram State Acts & Policies For updated information, please visit www.ibef.org 2 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Mizoram Factfile → Kolasib, Vairengte, Bairabi, Saiha, Champhai and Sairang are the key cities in the state. → Mizoram has primarily sand-loamy and clay-loamy soil with deposits of shell limestone, coloured hard stone, clay mineral, coal seam, oil and gas. Parameters Mizoram Capital Aizawl Geographical area (sq km) 21,081 Administrative districts (No) 8 Population density (persons per sq km)* 52 Total population (million)* 1.0 Male population (million)* 0.5 Female population (million)* 0.5 → Mizoram shares borders with other Northeastern states Sex ratio (females per 1,000 males)* 975 of Manipur, Tripura and Assam, and neighbouring countries of Bangladesh and Myanmar. Literacy rate (%)* 91.6 Sources: Statistical Handbook of Mizoram 2010, Department of → The most commonly spoken languages of the state are Economic & Statistic, Government of Mizoram, Mizo and English, apart from the various local dialects. *Provisional Data – Census 2011 For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 3 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Mizoram in Figures Parameter Mizoram All-States Source Economy GSDP as percentage of all states’ GSDP 0.08 100 CMIE, 2010-11, current prices Average GSDP growth rate (%)* 14.5 15.9 CMIE, 2004-05 to 2010-11, current prices Per capita GSDP (US$) 1,173.6 1,324.3 CMIE, 2010-11, current prices Physical Infrastructure Installed power capacity (MW) 138.9 211,766.2 Central Electricity Authority, as of January 2013 Telecom Regulatory Authority of India, as of Wireless subscribers (No) 8,738,579^ 864,720,186 December 2012 Ministry of Communications & Information Broadband subscribers (No) 53,399^ 13,350,938 Technology, as of December 2011 Ministry of Road Transport & Highways, as of National Highway length (km) 1,027 76,818 June 2012 Airports (No) 1 133 Airport Authority of India Social indicators Literacy rate (%) 91.6 74.0 Provisional Data – Census 2011 Birth rate (per 1,000 population) 16.6 21.8 SRS Bulletin (www.censusindia.gov.in), 2012 SRS: Sample Registration System *Calculated in Indian Rupee Terms ^Combined figures for the Northeast states comprising Arunachal Pradesh, Manipur, Meghalaya, Mizoram, Nagaland and Tripura For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 4 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Advantage Mizoram … (1/2) Abundant Natural Resources Mizoram contributes 14.0 per cent to the country’s bamboo production; the climate is ideal for setting up agricultural and forestry produce-based industries. It offers immense potential for commercial exploitation of the natural resources for export-oriented industries. International Trade Opportunities Bordering Myanmar and Bangladesh, Mizoram offers a gateway for engaging in international trade with the Southeast Asian countries. Policies and Incentives Central and State Government provide incentives and concessions for establishing industries in the area. Special incentives for promotion of export-oriented industries and other thrust sectors are also provided. For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 5 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Advantage Mizoram … (2/2) Availability of Skilled Labour With a literacy rate of 91.6 per cent, Mizoram offers a highly literate workforce. Knowledge of English is an added advantage of the Mizo workforce. Improving Infrastructure and Connectivity With improving road, rail and air connectivity and the establishment of trade routes with neighbouring countries, trade facilitation has improved significantly over the last decade. For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 6 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Economic Snapshot – GSDP → At current prices, the Gross State Domestic Product Mizoram’s GSDP (GSDP) of Mizoram was about US$ 1.32 billion in 2010- 11 . 2010-11 1,329.3 → Mizoram’s GSDP grew at a Compound Annual Growth 2009-10 1,114.5 Rate (CAGR) of 14 .2 per cent between 2004-05 and 2008-09 2010-11 . 996.9 2007-08 948.1 2006-07 726.5 CAGR 2005-06 670.9 14.2% 2004-05 596.6 0 200 400 600 800 1,000 1,200 1,400 US$ million Source: CMIE For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 7 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Economic Snapshot – NSDP → At current prices, the Net State Domestic Product Mizoram’s NSDP (NSDP) of Mizoram was about US$ 1.20 billion in 2010- 11 . 2010-11 1,207.7 → Mizoram’s NSDP grew at a CAGR of 14 .5 per cent 2009-10 1,012.4 between 2004-05 and 2010-11 . 2008-09 904.1 2007-08 847.5 2006-07 650.2 CAGR 2005-06 601.6 14.5% 2004-05 533.8 0 200 400 600 800 1,000 1,200 1,400 US$ million Source: CMIE For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 8 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Economic Snapshot – Per Capita GSDP → The state’s per capita GSDP in 2010-11 was US$ 1,173.6 Per Capita GSDP as compared to US$ 613.2 in 2004-05. 1,400 1,173.6 → Per capita GSDP increased at a CAGR of 11 .4 per cent 1,200 CAGR 11.4% 1,009.2 between 2004-05 and 2010-11 . 925.9 1,000 903.2 800 709.8 672.3 613.2 600 US$ 400 200 0 Source: CMIE For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 9 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Economic Snapshot – Per Capita NSDP → The state’s per capita NSDP in 2010-11 was US$ 1,066.2 Per Capita NSDP as compared to US$ 548.6 in 2004-05. 1,200 1,066.2 CAGR → The per capita NSDP increased at an average rate of 916.8 1,000 11.7% 11 .7 per cent between 2004-05 and 2010-11 . 807.3 839.7 800 635.2 548.6 602.9 600 US$ 400 200 0 Source: CMIE For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 10 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Economic Snapshot – Percentage Distribution of GSDP → At a CAGR of 19 .6 per cent from 2004-05 to 2010-11 , Percentage Distribution of GSDP the secondary sector was the fastest growing among CAGR all sectors, driven by construction, manufacturing and 100 electricity, gas & water supply . 90 80 70 59.9 59.8 14.5% → The tertiary sector, the largest contributor to 60 Mizoram’s economy, has grown at a rate of 14 .5 per 50 cent during 2004-05 and 2010-11 , driven by trade, 40 hotels, real estate, finance, insurance, transport, 30 16.3 21.2 19.6% communications and other services. 20 10 23.8 19.0 10.2% → The primary sector grew at an average rate of 10 .2 per 0 cent between 2004-05 and 2010-11 . 2004-05 2010-11 Primary Sector Secondary Sector Tertiary Sector Source: CMIE For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 11 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Economic Snapshot – Horticultural Production → The agro-climatic condition in Mizoram is suitable for growing a wide range of fruits. Mizoram accounts for Annual Production – about 12.0 per cent of the total fruits produced in the Horticultural Crop 2009-10 Northeast. (Metric Tonnes) Banana 84,810 → Horticultural, agro-processed and bamboo products Chow chow (squash) 54,250 have high export potential. Bird’s eye chilly (dry) 47,850 Ginger 31,000 → Anthurium cut-flowers are exported to countries such as UAE, the UK, Japan, Australia. Passion fruit 27,880 Turmeric 22,500 → Bamboo cultivation is an area that is now being commercialised. Orange 13,265 Areca nut 12,000 → The state has 109,900 hectares of area under Anthurium 7,900,000* horticulture, which is about 17 .0 per cent of the estimated potential area of 630,000 hectares, the Rose 2,800,000* state offers immense potential for development and Source: Statistical Handbook of Mizoram 2010 investment in the sector. *Production in Numbers For updated information, please visit www.ibef.org MIZORAM – AN INTRODUCTION 12 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Contents Mizoram – An Introduction Infrastructure Status Business Opportunities Doing Business in Mizoram State Acts & Policies For updated information, please visit www.ibef.org 13 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Physical Infrastructure – Roads → As of March 2012, the state had a total road length of 7,270 km, out of which, surfaced roads was 5,597.9 Road Type Length (km) km and un-surfaced roads was 1,672.1 km. National Highways 1,027 Surfaced Road 5,597.9 → The state is well connected through National Highways (NH)-44A, NH-54, NH-54A, NH-54B, NH- Un-Surfaced Road 1,672.1 150, NH-154 and NH-502A to neighbouring states. Sources: Ministry of Road Transport & Highways, Mizoram Annual Plan 2012-13, Planning Commission, → The key agencies that maintain roads in the state Government of India include the Public Works Department (PWD) and Pushpak (Border Roads Organisation). → The Mizoram State Transport covers 22 routes of 3,082 km providing connectivity across the state. → As of March 2012, the road density in the state was 34.5 km of roads per 100 sq km of land area. For updated information, please visit www.ibef.org INFRASTRUCTURE STATUS 14 MARCH Mizoram 2013 LAND OF THE BLUE MOUNTAINS Physical Infrastructure – Railways → The Bairabi railway station provides railway connectivity with Silchar in Assam.