loader

Why Invest in Andaman & Nicobar?

Andaman & Nicobar

  • Andaman and Nicobar Islands is a group of 572 islands in the Indian Ocean
  • The Islands are located in close proximity to Indonesia and Thailand. They are well connected with the rest of the world with the presence of 23 ports and an international airport in the capital city of Port Blair.
  • The Islands have a huge scope for fisheries and an annual exploitable marine fish stock of over 240,000 tonnes
  • Andaman and Nicobar Islands have a total cropped area of over 16,500 ha, with major crops including coconut, paddy, banana and areca nut.

Raw Material Available


State Profile of Andaman & Nicobar

Project Sector District Milk/Storage Proccessing (Lakh Litre Per Day) Total Capacity of Cold Storage/ CA/MA Storage/Frozen Store (Lakh MT) Reefer carriers & Tanker (Nos) Status
Andman Cold Chain Fishery Port Blair - 0.01 3 Under Implementation
S. No District ODOP
1. South Andaman Marine Fish Products
2. Nicobar Coconut Based Products
3. Middle & North Andaman Coconut Based Products

State Policy & Fiscal Incentives

Policy & Incentives Description
Single Window Clearance System
  • Single Window Clearance system (http://andssw1.and.nic.in/swc)

Capital Subsidy
  • The Ministry of Food Processing Industries, Govt. of India launched a newly formulated Centrally Sponsored Scheme called "Prime Minister's Formalization of Micro Food Processing Enterprises Scheme (PMFME Scheme) "as a part of Atmanirbhar Bharat Abhiyan on 29/07/2020 with the obje4ctive to strengthen backward/ forward linkages, common infrastructure, packaging, branding & marketing of the products of micro enterprises. The scheme focuses on value addition of local perishable produce in identified agro-clusters, clusters of fisheries, dairy, poultry and other allied segments like minor forest produce. The Scheme would be implemented over a period of five years from 2020-21 to 2024-25 with an outlay of Rs. 10, 000 Crore. The total outlay of the scheme is to be shared @ 60:40 by Govt of India and States, @ 90:10 by Govt. of India and 8 North Eastern & Himalayan Sates and 100% by Govt. of India to UT's.

  • Under the Scheme, Subsidy @ 50% on fixed Capital Investment excluding land and Vehicle shall be reimbursed to Micro Small & Medium Enterprises set up in Andaman & Nicobar islands subject to maximum of Ra. 100.00 Lakh. The Scheme/ Programme shall be available to all such Micro, Small & Medium Enterprises which have been commissioned and commenced their commercial production on or after Ist April, 2017 until 31st March, 2020.

  • 90% subsidy on Copra Dryer, Coir processing, & Bakery Equipment. Under the scheme the following tools, equipments, machinery & devices are supplied to individual tribal entrepreneurs Self Help Group Tuhet with all its members belonging to tribal population of A&N Islands on 90 % Subsidy:

    • Bakery equipments like table for preparation of dough, bakery oven, vessels tray which could be used for commercial production of bakery items

    • Machinery and equipments required for Virgin Coconut Oil Extraction

  • Under the programme subsidy the aforementioned equipments and machinery shall be supplied to Tribal Entrepreneurs @ 90% subsidy subject to the maximum of Rs 50.00 Thousand for individual tribal entrepreneur and subject to the maximum of Rs 2.50 Lakhs for Self Help Group. Tuhet with all its members. The subsidy scheme shall remain in operation till 31st March, 20.

Employment Generation
  • N/A

Freight/Transport Subsidy
  • The freight charges shall be reimbursed as transport subsidy for transportation of (1) raw material from Island port in the A & N Islands to the location of the unit in the territory and for transportations of finished goods from location of the unit to the Inter Island Port/ jetty in A&N Islands (2) raw material from from Chennai port to the location of the unit in the Islands and for transportations of finished goods from location of the unit to the Chennai Port.

Others

Land Concessions

  • The Industrial Estates are set up at locations close to the public places in both urban and rural areas with Nominal Lease :

    • For Built up Sheds : Rs 2.50 Per Square Feet Per month

    • For Developed Plots : Rs 6.00 Per Square Meter Per Annum Industrial Estates under development

    • Wimberlygunj Area : 8.60 Hectares

Lets Get in Touch!

Connect with us for any Investment Related Query

Call us

+91 92 0548 0590

How can we help you?