Traditionally, Meghalaya has largely been an agriculture and allied services based (primary sector) economy with nearly 70% of its population dependent on land. For growth of an industrial base, there has been a substantial shift from the primary to secondary Sector. During the recent years, the industry and mining sector , and thus the secondary sector have been growing and contributing at a very healthy rate to the state’s GDSP. The sectoral growth rates for the state over the last ten years indicate the beginning of the structural transformation in the economy.
Focus Area
The following areas have potential for industrial growth:-
- Mineral based industries (Lime, Hydrated Lime, Calcium Carbonate, Calcium Carbide, Coal Briquette, Low Ash Coke, Tiles, Earthen Ware, Stone Ware, Fire Bricks)
- Agro and Horticulture Processing
- Processing of Plantation Crops
- Handloom and Handicrafts
- Tissue Culture and Biotechnology
- Spices, Olio-resins and Essential Oils Units
- Animal Husbandry and Meat Processing Units
- Electronic and IT
- Captive Power Generating Units
- Tourism
- Apiculture
- Sericulture
- Fishery
- Agriculture and allied