Nagaland is largely an agrarian economy having 71% of the population dependent on agriculture. The region is ideal for growing major horticulture crops like banana, citrus, pineapple, and potato along with cash crops such as rattan and bamboo. The state is classified into 4 agro-climatic zones and receives an average rainfall of 2,500 mm annually. Nagaland is a home to a plethora of rare medicinal plants. The state’s natural resources, forest resources, and timber contribute a large amount to the state’s economy. Hornbill festival of Nagaland, celebrated every year to promote the cultural heritage of Nagaland, takes place in the first week of December and it attracts a huge number of tourists in the state. The festival displays traditional Naga morungs exhibition, state cuisines, herbal medicines, flower shows, songs, and dances and so on.
Key upcoming industrial projects:
Export Promotion Industrial Park (EPIP) in Dimapur for the agro and food processing sector.
A multi-product SEZ spread across 400 hactres in Dimapur
Smart Cities Mission, for which Kohima is the city identified in Nagaland
Investment potentials in Nagaland
1.Tourism: Nagaland is famous especially for its diverse cultures and customs and the healthy climate that offers immense potential for development of Tourism Industry in the State. Its unique culture and traditions, coupled with the picturesque landscape of the hilly state of Nagaland become a major tourist attraction now a days. Nagaland is called the “ land of festivals” considering the fact that each of the 16 major tribes has their own distinctive colorful costumes, festivals, dances and music. There is ample scope of opportunities exist in eco-tourism, adventure tourism, anthropological tourism and ethnic culture tourism, setting up of Tourist Resorts, Private Air Taxi Service, tour operation, Augmentation of present tourist facilities, etc in Nagaland. Popular tourist spots are:
World War II Cemetery at Kohima
Tourist village at Touphema
Shilloi lake in Phek district
Intangki Wildlife Sanctuary in Peren Sub-division
Saramati Peak in Tuensang district
Japfü Peak in Kohima district
2.Handloom & Handicrafts : The main traditional crafts of the state are its rich handloom and handicraft, which have widespread appeal and demand in the domestic as well as offshore markets.Traditional techniques for weaving on loin-looms or use of primitive tools are labor intensive and time- consuming. With the easy availability and applicability of modern techniques and tools, there is substantial scope for growth in this sector.
3. Agriculture and Allied Sector: The agriculture and allied sectors in Nagaland provide estimable inputs for the development of a host of industries such as: Floriculture, Horticulture, Rubber plantation and allied industries, Sericulture, Tea cultivation and processing, Bamboo shoot preservation, Mushroom cultivation and processing, Piggery, Poultry, etc.
4. 4. Horticulture : Horticulture is regarded as a suitable farming enterprise in Nagaland. The state possesses favorable agro-climatic and geophysical conditions, which make it favorable for the state to produce a variety of organic sub-tropical & temperate fruits & vegetables. The total area available under horticultural crops is 6299 hectares and additionally, area of around 4000 hectares is being brought under horticulture farming.
5. Animal Husbandry and Meat Processing: The State has promising potential for dairy and allied products besides for processing of hides and skins for the leather industry. There are extensive scope for starting modern abattoir and other meat processing units in the State for production and marketing of other improved dairy products.
6. Sericulture : The agro-climatic condition is appropriate for the development of Sericulture in the State. There exist 34 Sericulture farms in Nagaland, which come up with technical and other supports like training of farmers, distribution of improved varieties of saplings/seedlings/supply of disease free layings (DFLs) etc. The Government has identified Eri Culture as the thrust area for development of sericulture in the State by bringing 2000 acres of land under Eri culture in the next three years. By means of this, the production of cocoons is targeted to yield 80 MT.
7.Floriculture: The agro-geo climatic zones of Nagaland are conducive to Floriculture. The wide array of orchids found in the State can become a viable means of foreign export. Nagaland possess some rare orchids which have immense commercial potential. The state also has scope to grow exotic and new varieties of orchids through tissue.
8.Forest based: Nagaland is well off in forest resources as the state produces forest resources such as timber, cane and bamboo, flora and fauna. There exists huge Investment potential in establishing farms for production and promotion of Non-wood timber products with efficient marketing network.
9.Bamboo based industries: Nagaland has huge natural bamboo stocks due to the state’s climatic conditions. The Government of India has announced the bamboo mission for promoting bamboo based industries in the North East Region. Some potential bamboo products include Machine made bamboo sticks, blades, ply, etc.
10.Medicinal & Aromatic Plants: Because of the favorable agro climatic conditions, Medicinal Herbs and Plants are immensely available in the hilly regions of Nagaland. Medicinal Plants which could be considered for cultivation in Nagaland are Aconitum ferox, Aconitum heterophyllum, Aquilaria agallocha, Artemiszia annua, Dioscorea floribunda, Gloriosa superba, Hedychium spicatum, Lycopodium clavatum, Nardostachys jatamansi, Panax-pseudoginseng, Picrorhiza kurron, Piper longum, Piper nigrum, Podophyllum hexunddrum, Pogostemon cablin, Smilax china, Tagetes Minuta, Taxuz bacata and Valeriana wallichii. The state needs scientific harnessing in the private sector to explore full potential and yield good results from medicinal and aromatic plants industry.