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Why Invest in Meghalaya?

Meghalaya

  • Meghalaya is a north eastern state with scenic landscapes and borders with Assam and Bangladesh
  • It is a biodiversity hotspot with three agro climatic zones and the highest rainfall receiving state in the nation
  • All Food Processing Industries including local Breweries/Distilleries will be eligible for all incentives at all sources of taxation on its own brand/products
  • Meghalaya is a major producer of strawberries, and also produces turmeric of the best quality: the Lakadong turmeric which is world renowned

Raw Material Available

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Strawberries
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Ginger
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Potato
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Banana
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Pineapple
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Turmeric
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Khasi Mandarin Oranges

State Profile of Meghalaya

Mega Food park
District Name Company Name Status Contact Details Investment Leverage (Rs. in Cr.) Direct Employement Granted (in Nos.) Farmers Benefited (in Nos.) Processing Capacity (LMT) PA Preservation Capacity (LMT) PA
Record not available.
District Name Company Name Status Contact Details Investment Leverage (Rs. in Cr.) Direct Employement Granted (in Nos.) Farmers Benefited (in Nos.) Processing Capacity (LMT) PA Preservation Capacity (LMT) PA
RI BHOI Mega Agro Park Ongoing Mrs. Assunta Mary Warshong
Email: NA
Mobile: NA		 12.8076 173 4000 0.1110 0.0500
District Name Company Name Status Contact Details Investment Leverage (Rs. in Cr.) Direct Employement Granted (in Nos.) Farmers Benefited (in Nos.) Processing Capacity (LMT) PA Preservation Capacity (LMT) PA
Record not available.
Warehouse Name Name and Address Mobile Capacity (MT)
Record not available.
S. No. District ODOP
1. East Khasi Hills Sohiong
2. South West Khasi Hills Honey
3. Ri-Bhoi Pineapple
4. East Jantia Hills Turmeric
5. West Jantia Hills Turmeric
6. North Garo Hills Banana
7. East Garo Hills Pineapple
8. South Garo Hills Jackfruit
9. Southwest Garo Hills Pineapple
10. West Khasi Hills Ginger
11. West Garo Hills Cashewnut Products

State Policy & Fiscal Incentives

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Policy & Incentives Description
Name of Policy

  • Meghalaya Industrial & Investment Promotion Policy, 2016
Nodal Agency

  • Commerce & Industries Department
Single Window Clearance System
Power/Electricity Subsidy
  • Subsidy @ 30 % on power tariff for loads up to 2 MW for a period of 5 (five) years from the date of commercial production for manufacturing process only subject to a ceiling of 25.00 lakh per annum
  • Subsidy @ 50 % on the cost of Generating Sets including Non-Conventional/Renewable Energy Generating Sets, subject to a ceiling of 20.00 lakh for all categories of enterprises set up in rural/urban areas
  • 100 % subsidy on drawl of power line of 20 KV and above including cost of transformer(s) subject to a maximum limit of 10.00 (ten) lakh provided that the location has been approved by the Government
  • 50 % subsidy on the cost incurred on service connection (excluding internal wiring) subject to a maximum of 2.00 lakh.

     
Capital Subsidy
  • State Capital Investment Subsidy on cost of Factory Building & Plant & Machinery for Micro Enterprise @ 35 % (thirty five percent) subject to a ceiling of 7.00 lakh
  • State Capital Investment Subsidy on cost of Factory Building & Plant & Machinery for Small Enterprises @ 30 % (thirty percent) subject to a ceiling of 75.00 lakh

     
Interest Subsidy

  • Subsidy @ 4 % on interest paid to Banks/Financial Institutions with a ceiling of 1.00 lakh per annum on term loans (excluding working capital loans) availed by an entrepreneur for setting up of Micro & Small Enterprises for a period of 5 (five) years from the date of disbursement of loan.
VAT/CST/SGST/TAX Exemption/Reimbursement

  • Not available
Employment Generation

  • Not available
Freight/Transport Subsidy

  • Not available
Others
  • Subsidy @ 75 % of the applicable Stamp Duty & Registration Fees in execution of deeds of conveyance/mortgage pertaining to loans from Financial Institutions and Banks within the State of Meghalaya subject to a maximum of 3.00 lakh
  • All Food Processing Industries including local Breweries/Distilleries will be eligible for all incentives at all sources of taxation on its own brand/products.
  • Subsidy @ 50 % on cost of Laboratory Equipment for the purpose of quality control and ISI/BIS certification subject to a maximum of 5.00 lakh.
  • Subsidy @ 75 % on charges payable to statutory bodies for any permission or registration
  • Subsidy @ 75 % on procurement of know-how from a well-established and approved Research and Development Organization subject to a total ceiling of 3.00 lakh
  • 100 % subsidy on the cost incurred on preparation of Feasibility/Project Report subject to a maximum of Rs.50000.00 for Micro Enterprise and 1.00 lakh for Small Enterprises.

     

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