INVESTMENT POTENTIAL

 

Even though there is no large industry present in Manipur , except for two units under medium sector with the rest either in micro or small sectors which are mainly in food processing or horti and agro- based industries. There has been an enormous improvement in the overall industrial scenario of the State in the last few years. The State is now gaining very good investment opportunity, especially considering the fact that it will be the hub for the Act East Policy with rail connectivity. The upcoming Trans-Asian Highways will successfully make the State as India’s Gateway to South-East Asia.

The number of MSME units in Manipur as of 31 March 2015 (last date before the introduction of Udyog Aadhaar Memorandum by M/o. MSME) was 1,085 with an investment of Rs.116.11 crores and production value of Rs.408.51 crores generating direct employment to 11,906 Workers. In addition to this, there are large numbers of unregistered industrial units.


Key Industrial and Investment areas:

1. Agro and horti based industry: By Analyzing the advantage the State has in agro and horti food processing sector, State Government will continue to give priority to agro and horti based industries, in order to build up the agricultural base of the State which will subsequently increase employment opportunities. The Government is also encouraging units utilizing from locally available raw materials from organic farming in the State.

2. Bio-Technology and Medicinal Plant industries: A wide range of medical plants is found in Manipur, which makes the state rich in medical plants industry. The Government is encouraging Drugs and pharmaceuticals units spring from medicinal plants employing bio-technological tools in the state.

3. Information Technology: The IT scenario of the state is favorable due to the presence of English speaking and technically trained youths. Manipur youths have already established a recognizable presence in the ITES industry in India.

Manipur’s IT manpower is produced by institutions such as-

Manipur University - Dept. of Computer Science (MCA course)

Manipur Institute of Technology (B.Tech.-Computer Science)

DOEACC Imphal Centre (DOEACC A & B levels, MCA courses)

Various Franchisees of Reputed IT Training organisations

CISCO Learning Centre at Manipur University ( CCNA)

National Institute of Technology (NIT), Imphal

Manipur Institute of Management (MIMS) produces MBAs.

In order to increase the employability of the educated youth in the ITES and Hospitality sectors in niche areas training such as Medical Transcription, 2D Animation, soft-skills are being imparted in Manipur. Business-friendly IT Infrastructure initiatives taken by the Government of Manipur are as follows

  • Software Technology Parks of India (STPI) unit of Imphal with Earth station and OFC connectivity.
  • Upgradation of IT infrastructure at Imphal to provide modern Business-ready built-up office space for IT/ITES firms.
  • Uninterrupted Power Supply – A dedicated 11KV power line has been extended to the IT Park.
  • Data connectivity and Internet over OFC – The PGCIL has an OFC backbone running on 132KV Towers which are extremely reliable. Terrestrial OFC of BSNL and AirTel are also available.
  • Internet on the move – Various Telcos like BSNL, Tata Indicom, Airtel etc. are providing Wireless Internet across the State.
  • 4. Bamboo Product Processing: Manipur is rich in bamboo industry and most of its forests are richly stocked with bamboo with 17 different verities. There is an ongoing project of setting up a Bamboo Park for industrial production of building materials with bamboo as raw material with a view to encouraging manufacture building materials with bamboo.

    5. Coffee and Tea Plantation: Tea is growing various parts of Manipur more particularly in Tamenglong, Jiribam, Churachandpur and Ukhrul districts. Regarding coffee production, the soil and climatic condition of Manipur are suitable for growing coffee. Therefore, there are huge potentials in these two sectors in the state.

    6. Agro-Horticulture and Floriculture: Manipur’s eco-climatic factors are compatible enough to be used for commercial exploitation of floriculture. If Industrial activities for processing, storage, and transport of flowers through cold chain will be encouraged, then there are massive potential lies in Agro-horticulture in Manipur. NABARD and Horticulture & Soil Conservation Department have identified a horticultural potential area of 2,77,064 hectares and about 62,200 hectares are covered by horticulture crops, which are of both seasonal and perennial categories. An approximate area of 2,14,864 hectares still remains untapped; rendering substantial opportunity for further expansion and development.
    Common horticulture crops grown in the State are:
    Kharif vegetables (French bean, Cucurbits, Tomatoes, Brinjal, Bhindi, Colocacia, Alocacia),
    Rabi vegetables (Cabbage, Cauliflower, Potato, Pea, Broad bean, Radish, Carrot, Broccoli, lettuce, Capsicum)
    Spices (Onion, Garlic, Chilli, Ginger, Turmeric, Hatkora)
    Fruits and Plantation Crops (Litchi, Cashew nuts, Wall nuts, Orange, Lemon, Banana, Pineapple, Passion fruit, Peach, Pear, Plum).

    7.Distillation of oils from aromatic plants: Manipur is blessed with widespread plantation of aromatic plants like lemon grass (cymbopogon citratus) as the state's sub-tropical climate, soil and rainfall condition are perfect for lemon grass cultivation. Encouragement should be thrust upon distillation of oils from aromatic plants and value addition for production of aromatic and natural dyes.

    8. Rubber processing: The rubber processing in the state should be encouraged by analyzing the climate suitable for rubber plantation in some parts of the State like Jiribam.

    9. Mineral based industries.: Manipur is rich in minerals predominantly chromate and limestone. Setting up of mineral-based industries for cement and chromites extraction units, etc. have decent prospect in the State.

    10. Trade and Commerce under Export Import mechanisms: Manipur existing as India’s Gateway to South-East Asia is located in a privileged location for trade and commerce with South East Asian Countries. Asian countries. In view of advantages available, Research & Development in marketing, infrastructure development, and related matters will be promoted under the Policy.

    11. Food and Agro- based Industries: Manipur is endowed with appropriate agro-climatic conditions. Manipur is a good producer of various agricultural crops, fruits and vegetables. The soil is fertile and suited more particularly in the hills for growing of different fruits, and vegetables. Organic farming is the most widely practiced method in the hill areas. Pineapple, passion fruit , mushroom, Bamboo shoot, ginger and turmeric naturally grow in Manipur. The State Government has also given thrust to farming for pineapple, passion fruit, mushroom, etc. on a massive scale because various preparations of pineapple, passion fruit, bamboo shoot, mushroom and ginger have attracted wide markets outside the State. Manipur is also keen to promote processing for extracts of spices, medicinal and herbal plants with a particular focus for agro-based industry.

    Major areas of investment on Agro-Food Processing Industries:

    Tetra Pack Packaging Unit at Food Park, Nilakuthi.
    Agri-export Zone for Passion Fruit in Manipur.
    Fruits Juice Concentration Plant.
    Processing of Bamboo Shoot Plant.
    Production of Oleoresins and Spice Oil Plant.
    Integrated Mushroom Production & Processing Plant.

    12.Handloom Sector: Handloom weaving is undoubtedly the largest and the most important cottage industry in the state. The industry produces excellent quality of the product. The traditional skill of handloom weaving uses the dexterity of the human hands and no sophisticated machinery to produce the costliest fabrics.

    13. Handicrafts sector: Manipur one of the major producer and supplier of Handicrafts products and own the highest number of craftsperson comprising of skilled and semi-skilled artisan in the entire northeastern region. The state has a promising investment potential regarding Handicrafts sector primarily into product innovation & designing, value addition, and production technique if the existing resource pool is used effectively.

    14. Cane and Bamboo Crafts: cane and bamboo craft is most widely practiced craft throughout the State due to the availability of abundant raw materials and demands from domestic and beyond International buyers. Manipur produces bamboo production above 1 million ton per annum. The number of artisans engaged in cane and bamboo craft is around 1.50 lakh. Considering these potentials, there is ample scope for investment to set up more cane and bamboo enterprises in the State.

    15. Kauna Crafts: There is an ample scope for investment for kauna plantation, production and marketing in Manipur owing to the fact that Kauna products have demands on both domestic and export market. Indian cities like New Delhi and Mumbai along with foreign countries, like, UK, Netherlands, Germany, France, UAE, and Switzerland are major buyers of this crafts. Kauna is environmental friendly and of very short lifecycle for plantation, represent an alternative source for all the handicrafts utility plus artistic products. If latest trends in ideas, designing, and production techniques were applied this sector would allure and major investment.

    16. Pottery: Potteries of Manipur are acclaimed for their distinctive feature as they are produced by coiled technique. Major production centres are located at Nungbi, Andro, Chairen, Thongjao, Nongpok Sekmai and Oinam. Most of potteries are different in type and style since they have different socio-cultural significance