A“WORLD MEDIA NETWOK” PRESENTS FDI IN INDIA & SCOPE
FOREIGN DIRECT INVESTMENT (FDI) IN ARUNACHAL PRADESH
Introduction
Arunachal Pradesh is the northeasternmost state of India. It borders the states of Assam and Nagaland to the south. It shares international borders with Bhutan in the west, Myanmar in the east, and a disputed border with China in the north at the McMahon Line. Itanagar is the state capital of Arunachal Pradesh. Capital Itanagar Population 12.06 lacs (2012)
Formation 20th February1987 with 25 Districts.
ARUNACHAL PRADESH MAP
Districts List - DISTRICTS OF Arunachal Pradesh
- Anjaw
- Changlang
- Dibang Valley
- East Kameng
- East Siang
- Kra Daadi
- Kurung Kumey
- Lohit
- Longding
- Lower Dibang Valley
- Lower Subansiri
- Namsai
- Papum Pare
- Siang
- Tawang
- Tirap
- Upper Siang
- Upper Subansiri
- West Kameng
- West Siang
- Capital Complex – Itanagar
- Kamle
- Pakke-Kessang
- Lepa Rada
- Shi-Yomi
Arunachal Pradesh Industries
Key Industries
Arts and Crafts, weaving, cane and bamboo, carpet weaving, wood carving, ornaments, tourism and horticulture
- Power: As of March 2020, Arunachal Pradesh had a total installed power generation capacity of 378.64 MW, comprising 158.05 MW from hydro, 136.72 MW from renewable energy sources (RES) and 83.87 MW from thermal.
- Agriculture and Forest-Based Industries: The state is largest producer of kiwis in India and the second largest producer of large cardamom. The state also has various inland fisheries resources.
- Tourism: During 2018, foreign tourist arrivals in the state reached around 7,653 while domestic tourist visits stood at 512,436. The state won the Best Emerging Tourist Destination in India award for 2019 and also the Best Emerging Green Destination of 2019.
- Textiles: Under the North East Region Textile Promotion Scheme’, 24 sericulture projects are being implemented in for holistic development of sericulture in the state. The projects have been approved for implementation from FY15-19 with a cost of Rs 920.78 crore (US$ 127.4 million). Raw silk production in the state reached 59 MT in FY19 and 55 MT in FY20 (till January 2020).
- Tomo Riba Institute of Health and Medical Sciences (TRIHMS), which is the first medical college in the state, was made operational and it received its first batch of fifty MBBS students in 2018. In State Budget 2020-21, Rs 40 crore (US$ 5.67 million) has been proposed to provide as Grants-in-Aid for smooth running of the Hospital and Medical College.
Arunachal Pradesh-FDI Investment Present Scene
“WMN”BROAD VIEW & Business Support.
“World Media Network” is helping upcoming and existing businesses to grow as the government is supporting the business in increasing their work towards the domestic as well as international Tie-Ups. Service-oriented industries need to be promoted with direct and indirect participation for Franchising modules in the INDIA and “WMN” would help them to connect with the brands as well the investors and venture capitalists to increase the growth of the company in future.
- At current prices, the Gross State Domestic Product (GSDP) of Arunachal Pradesh is estimated to reach Rs 299.74 lakh crore (US$ 4.25 billion) in 2020-21. The state’s GSDP (in Rs) will increase at a compound annual growth rate (CAGR) of 7.96 per cent between 2015-16 and 2020-21.
- The state and central Governments have both offered huge fiscal and policy incentives for the development of thrust sectors in the state. Some of these policies include Public Private Partnership Policy 2011, the State Industrial Policy 2008, and the Hydro Power Policy 2008.
- According to Department for Promotion of Industry and Internal Trade (DPIIT), FDI inflow to North eastern state totaled US$ 122 million between April 2000 and September 2019. The state attracted US$ 0.61 million FDI between October 2019 and March 2020
Arunachal Pradesh & FDI Major Announcements
- Over Rs 50,000 crore worth road infrastructure developed by Modi government in 5 years in Arunachal alone, as compared to Rs 47,000 crore in the preceding 25 years.
- 30Airports/Airstrips &1 Water Aerodrome in North –Eastern Region up for Bidding under udaan 4.0
- Ministry of Tourism has sanctioned 18 Projects covering all the northen states or Rs.1456 Cr for development & promotion.
- Foundation stone lays By PM for 7 Extra High voltage sub stations &24 low Tensions sub stations in the State.
**Targeted Industries Key sectors**- “WMN”KEY ROLE.
“World Media Network” is playing an important role in all the categories and sectors, “WMN” is a Press Release distribution company covering over 180 countries covering twenty- five languages across the world . it has ventured into Digital News, Television, Print, Radio, Billboards, Airports, Multiplexes, Talk shows . Press releases are based on industry standards with timely coverages and promoting the business development of FDI and the scope of growth in the country.
- According to Department for Promotion of Industry and Internal Trade (DPIIT), FDI (Foreign Direct Investment) inflow in Arunachal Pradesh** stood at US$ 122 million between April 2000 and September 2019. The state attracted FDI worth US$ 0.61 million between October 2019 and March 2020.
- The Department of Industries has set up District Industries Centre’s (DICs) and Sub-District Industries Centre’s (Sub-DICs) for the industrial development of small scale, tiny, and village industries.
- Major initiatives taken by the Government to promote Arunachal Pradesh as an investment destination are:
- During 2018, foreign tourist arrival in the state reached around 7,653 while domestic tourist visits stood at 512,436. The state won the Best Emerging Tourist Destination in India award for 2019 as well as the Best Emerging Green Destination of 2019.
- Under State Budget 2020-21, Chief Minister Comprehensive State Road Plan 2019-24 has been approved. The aim is to improve 150 kms of capital complex road and upgrade important inter-state and inter-district roads to the specification of State Highway (SH).
- Government of India launched Comprehensive Scheme for Strengthening of Transmission and Distribution System to provide reliable and stable power connectivity to all the districts of Arunachal Pradesh. Under State Budget 2020-21, Rs 10 crore (US$ 1.42 million) has been allocated for the scheme.
- Tomo Riba Institute of Health and Medical Sciences (TRIHMS), which is the first medical college in the state, was made operational and it received its first batch of fifty MBBS students in 2018. In State Budget 2020-21, Rs 40 crore (US$ 5.67 million) has been proposed to provide as Grants-in-Aid for smooth running of the Hospital and Medical College.
- Under Jal Jeevan Mission (JJM), every rural household is to be provided with a Functional Household Tap Connection (FHTC), ensuring adequate and safe drinking water on a regular basis by 2023.
- Arunachal Pradesh Industrial Policy 2020, focusing on Micro, Small and Medium Enterprises, will provide financial, technical, and training support to the youths who wish to open enterprises, was launched with a capital allocation Rs 10 crore (US$ 1.43 million).
Industrial Map
Industrial Development & Economic Growth In Arunachal Pradesh
Latest update: June, 2020
