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Why Invest in Assam?

Assam

  • Assam has a net cultivable area of 28.11 lakh hectares, out of which 88 percent of the total land is available for cultivation.
  • The share of agriculture and its allied activities in GSDP at current prices in 2018-19 was 15.80%.
  • During the year 2018-19 the annual growth of GSDP in respect of crop sector, livestock sector and finishing sector at constant prices is estimated at 1.70%, 5.82% and 5.87% respectively.
  • Assam, encompassing one of India's 14 biodiversity hotspot, has uniquely diverse agro climatic conditions made for traditionally rich. Assam is the largest economy of the North East region and is largely dependent on its agricultural produce. Agriculture and allied sector consists of (i) Crops (ii) Livestock (iii) Forestry and Logging and (iv) Fishing and aquaculture.
  • Assam's economy is fundamentally based on agriculture. Over 75% of the state's population depends on agriculture as farmers, agriculture labourers, or both for their livelihood. Assam is set to improve its performance in agriculture and allied sector through focused growth in horticulture, fisheries, animal husbandry and other plantation/cash crops.

Raw Material Available


Major Players Present in the State

State Profile of Assam

S. No. SPV/IA Name District Name & Contact Details of Key Contact person of SPV/IA Total Land Area(In Acre) Total Leasable Area (In Acre) Leasable Area Available (In Acre) Focus Crops Sector Status
1. North East Mega Food Park Ltd Nalbari

Name: Rajib Biswas
Designation: CFO
Mob: 9435111675
Email Id:rajib[at]nefoodpark[dot]com,
info[at]nefoodpark[dot]com,
namrata[at]nefoodpark[dot]com

50 27 1.95 Pineapple, Orange, Banana, Ginger, Assam Lemon, Papaya, Turmeric, Potato, Chilli, Jackfruit, Bamboo shoot, Tomato Fruits & vegetables Operational
S. No. Name of the Project Execution Agency (PEA) Lead Promoter Contact No. & Email ID Location of the Project Status
1. M/s Subh Karan Food Park Mr. Ravi Prakash Agrawal
Email: subhkaranfp[at]gmail[dot]com,
Mob: 7042291642
Patta No 160, 823, 264, 202, 25, 325, 182, 145, 50, 322, 305, 205, 325, 147, 205, 331, 147, 187 Hudumpur Kochpara Mirza, Kamrup (Rural), Assam Under Implementation
2. M/s Jai Shree Krishna Developers Mr. Nirmal Kuma Kejriwal
Email: jaishreekrishnadevelopers[at]gmail[dot]com
Mob: 7830212062
P. No. 1 (Dag. No. 6,7 & 8), Village Habeda Bagicha Gaon, Grant No.32, P.O. Makum Jn, Tehsil-Tinsuk, Tinsukia, Assam Under Implementation
3. M/s Surindera Agro Processing Cluster Mr. Surinder Sharma
Email: Sharma_jatinder71[at]rediffmail[dot]com
Mob: 9435081307
Village - Habeda Bagicha Gaon, Grant No.32, P.O. Makum Jn, Tehsil-Tezpur, District-Sonitpur, Assam Under Implementation
S. No. Project District Sector Milk/Storage Proccessing (Lakh Litre Per Day) Total Capacity of
Cold Storage/ CA/MA Storage/
Frozen Store (Lakh MT)
Reefer carriers & Tanker (Nos) Status
1. Global Entrade Guwahati F&V - 0.050 4 Completed
2. E-appliances Guwahati F&V - 0.031 15 Completed
S. No. Name & Address WarehouseMan Name Mobile Capacity
1. Central Warehousing Corporation, Central Warehouse, Jorhat II, Kenduguri, P.O. Chegeligaon, Distt-Jorhat Central Warehousing Corporation 7086566961 5000
2. Central Warehouse, Sorbhog, Near B. N. College, Distt-Barpeta Central Warehousing Corporation 7086566961 15591
3. Central Warehouse Jorhat-I,Jorhat-I, Distt-Jorhat Central Warehousing Corporation 9555784075 10500
4. Central Warehouse Dhubri,R.K. MISSION ROAD, BIDYAPARA, DHUBRI, PIN- 783324, Distt-Dhubri Central Warehousing Corporation 9555784075 11455
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S. No. District Revised ODOP
1. Baksa Honey
2. Barpeta Milk Products
3. Biswanath Charali Potato
4. Bongaigaon Turmeric
5. Cachar Pineapple
6. Charaideo Rice (soft rice) based products (Pitha, puffed rice, flaked rice)
7. Chirang Lemon
8. Darrang Mustard Products
9. Dhemaji Mustard Products
10. Dhubri Chilli
11. Dibrugarh Mustard Products
12. Dima Hasao Ginger
13. Goalpara Banana
14. Golaghat Black Rice
15. Hailakandi Arecanut
16. Hojai Sugarcane (Jaggery, Wine)
17. Jorhat Chilli
18. Kamrup( R) Banana
19. Kamrup (M) Fruits and Vegetables (Pickles)
20. Karbi-Anglong Ginger
21. Karimganj Arecanut/Betelnut
22. Kokrajhar Mushroom
23. Lakhimpur Piggery (smoked meat)
24. Majuli Mustard Oil/Seed
25. Morigaon Groundnut Products
26. Nagaon Fruits and Vegetables (Pickles Enterprises)
27. Nalbari Rice (Soft and Sticky rice) based products (Pitha, Puffed Rice, Flaked Rice)
28. Sivasagar Rice (Red Rice) based products (Pitha, Puffed Rice, Flaked Rice)
29. Sonitpur Jackfruit
30. South Salmara Cashewnut Processing
31. Tinsukia Citrus Products
32. Udalguri Potato
33. West Karbi-Anglong Ginger

State Policy & Fiscal Incentives

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Policy & Incentives Description
Name of Policy
  • Industrial and Investment Policy of Assam, 2019

Nodal Agency
  • Assam Industrial Development Corporation Limited (A Government of Assam Undertaking) as nodal agency to the Industries & Commerce Department, Govt. of Assam

Single Window Clearance System

Not available

Power/Electricity Subsidy
  • Manufacturing and Specified Services sector units will be eligible for reimbursement of power subsidy @ Rs. 2.00 per unit consumed for a period of 5(five) years from the date of commercial production subject to a maximum Rs. 50 (fifty) lakhs Per Annum and not exceeding 100% of total investment made in plant & machinery, whichever is less. This shall be available only to the units having electricity connection with APDCL only and shall not eligible for any consumption from other sources like open access, captive generation, etc.

Capital Subsidy

Not available

Interest Subsidy
  • 2% on the outstanding working capital loan for five years subject to a ceiling of Rs. 50 lakh (Fifty lakh) and not exceeding 100% of investment in plant and machinery. Interest subsidy shall be available only on outstanding working capital loan availed from Bank/Financial Institution.

VAT/CST/SGST/TAX Exemption/Reimbursement
  • 100% Stamp duty shall be reimbursed, subject to a monetary ceiling of Rs.25 lakh (Twenty five lakh).

  • Reimbursement of 100% SGST:

    Category Limited of Tax Reimbursement
    Micro Enterprises 15 (fifteen) years subject to maximum of 200% of Fixed capital Investment and 250% for units in parks
    Small Enterprises 15 (fifteen) years subject to maximum of 150% of Fixed capital Investment and 180% for units in parks
    Medium Enterprises 15 (fifteen) years subjectt6 maximum of 150% Enterprises of Fixed capital Investment and 150% for units in parks

In case of a Mega unit to which customized/special incentives are given, the quantum of monetary ceiling that may be allowed shall not exceeds 200 % of fixed capital investment

Employment Generation

Not available

Freight/Transport Subsidy

Not Applicable

Others
  • Subsidy on Generating set:

    Subsidy on Generating set @ 50% of the cost subject to a limit of Rs. 20 lakhs on cost of generating set, taxes and transportation only. However, the capacity of the DG set should be equivalent to the power sanction to the unit by the competent authority.

  • Technology Transfer and Quality Certification, ZED Certification:

  • The fee payable for obtaining BIS/ISO/FSSAI/AGMARK/HALLMARK/SILK MARK/ZED Certification etc. and fee payable for getting Technical knowhow/ Technology transfer from any recognized national /international research laboratories/ Technical Institutes/ University, Institutions like CFTRI, CIPET, etc. by eligible unit, will be provided subsidy up to the extent of 75%, subject to a ceiling of Rs.1 crore per unit.

  • Financial assistance to MSMEs listed in Stock Exchange:

  • To encourage the MSMEs to be listed in BSE &NSE, Govt. will provide subsidy @ 30% of the cost of Public Issue expenses, subject to maximum of Rs. 5 lakh.

  • Assistance for Environmental Compliance:

  • Subsidy @ 50% on capital cost for setting up of effluent treatment plant subject to max of Rs. 25 lakh per unit.

  • Incentives to Private Sector Infrastructure developer:

  • It is proposed to provide 30% subsidy, excluding value of land, subject to a ceiling of Rs. 3 Cr to encourage the private investors in creation of industrial infrastructure where the land area is not below 30 acres. The amount shall be released to the developer only after completion of the project with 30% occupancy of the Industrial Park.

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