Overview
Mizoram, a northeastern state of India, recorded a Gross State Domestic Product (GSDP) of ₹35,800 crore in 2023–24, with a growth rate of 7.8%. The per capita income stands at ₹1,75,000. The state’s economy is primarily driven by agriculture, bamboo-based industries, handloom & handicrafts, and tourism. Mizoram’s location along the Indo-Myanmar border offers significant trade opportunities under India's Act East Policy.
Why Invest in Mizoram
- Border Trade Potential: Key player in India's Act East Policy, boosting trade with Myanmar and ASEAN countries.
- Agriculture & Horticulture: Ideal for organic farming, floriculture, and spice production
- Bamboo & Handicrafts: High availability of bamboo, supporting paper, furniture, and handicrafts industries.
- Tourism & Eco-Tourism: Home to lush green landscapes, cultural heritage, and adventure tourism opportunities.
- Renewable Energy Focus: Opportunities in hydropower and solar energy projects.
Incentives & Schemes
- Northeast Industrial Development Scheme (NEIDS): Subsidies and tax exemptions for new industries.
- Agriculture & Bamboo Processing: Incentives for bamboo-based industries, food processing, and organic farming.
- Tourism Development: Financial support for homestays, eco-tourism projects, and hospitality businesses.
- Border Trade & Infrastructure: Government initiatives for logistics, cross-border trade hubs, and connectivity projects.
Key Economic Data: Mizoram
| Category |
Details |
| Capital |
Aizawl |
| GSDP (2023–24) |
₹35,800 crore |
| Growth Rate |
7.8% |
| Per Capita Income |
₹1,75,000 |
| Top Sectors |
Agriculture, Bamboo, Handloom, Tourism, Trade |
| FDI Share in India |
0.01% |
| Top FDI Sources |
Japan, Thailand, Myanmar |
| Cumulative FDI (FY2024) |
₹150 crore (Q1) |
| Policy Impact |
Focus on trade, bamboo industries, and sustainable tourism |
| Recent FDI |
₹50 crore (2022–23) |
Latest Insights
- Mizoram attracted ₹150 crore in cumulative FDI by Q1 FY2024, with a focus on trade and bamboo-based industries.
- The state is developing its cross-border trade infrastructure with Myanmar for enhanced exports.
- Bamboo processing and organic farming industries are receiving increased government support.
- The tourism sector is expanding with eco-tourism and adventure tourism projects.
