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By Group 3 (Members: Anand Gupta (05), Chitrank Chandak (08), Malay Nahar (13), Pallav Pandya (23)), Section B, PGDM-BE, 14 th Batch The largest of the northeastern states of India, Assam is the gateway to the northeast of India. Assam is rich in natural resources, minerals, forests and water and has vast tracts of fertile land. It is primarily an agrarian economy, with 74% of its population engaged in agriculture and allied activities. Cereals like paddy, wheat and plantation crops like tea are grown extensively. Amongst mineral resources, oil takes the top place. Oil was first struck more than one hundred years ago and the oil well of Digboi and other areas are a major source of fuel for not only the North-East but for the country as a whole. The economy of Assam can be broadly divided into three sectors: Primary (agriculture, mining etc.) Secondary (manufacturing) Tertiary (services like electricity, water, trade, finance, banking, telecommunication etc.). Medicinal herbs and plants With its vast hills and forests, Assam is the home to a variety of medicinal herbs and plants such as ex. Sarpagandha (rauvolfia serpentine Benth.ex.Kur), Pippali (Piper longam Linn), Amlakhi (Emblica Officinalis Gaertn), Hilikha (Terinalia Chebula Retz.), Bhomora (Terminalia belerica), Arjuna (Terminalia Arjuna Wight & Arn.). About 300 types of medicinal herbs and plants are known to exist in abundance in the state with the Brahmaputra valley itself having 150 varieties of herbs and plants of commercial value. It is estimated that only about 5-10% of the plants and herbs are currently utilized and the rest hold a vast potential, and provides a very great opportunity to the Entrepreneurs. Agriculture An agrarian economy since time immemorial, about 77% of Assam's workforce is engaged agriculture and allied activities contributing roughly 40% to the state's GDP. Roughly 40% of the total area is cultivated.
spices. known for its fine sheen and golden color is used by the local silk weaving industry and this has contributed to the development of the muga culture in the State.): Hottest chilli on earth with Scovelli Heat Unit (SHG) of 10. over 600 can be grown in Assam. Bhut Jalakia (Capsicum Chinensis Jacq. medicinal & aromatic plants.41.).047. Some of the plants are Citronella . Orchids: Of the 925 varieties available in India. Traditional varieties of silk cultured include eri.) besides Vitamin B (0. esp animal or plants. nut crops and tuber crops. Assam has over 600 varieties of Orchids.1) per 100 gm. Most horticulture products are organic as the use of Chemical Fertilizers is very low with the majority of the farmers still sticking to traditional organic farming methods. Around 200 varieties are unique to this region of which 60% are ornamental in nature. flowers. Aromatic Rice (Joha Rice): Quality comparable with any popular aromatic rice in the world.Exotics Exotics are the things which are something unusual. The muga silk. Extractable oil content of the peel is around 0. At present most of the oils extracted are sold in crude form.02 mg. Assam also has a vast array of aromatic plants.8% and can be used in the cosmetic industry. Niacin (0. muga and mulberry. Hatkora: An exclusive export item belonging to the citrus family. Peel is used for tenderizing meat and enhancing flavor in culinary dishes. Sericulture The climate and general environment of Assam is well suited to sericulture. Around 200 varieties are unique to this region of which 60% are ornamental in nature. Some of them from Assam are as follows: Assam Lemon: An unique product of Assam with a high percentage of Vitamin C (10 mg. Horticulture & Spices The agro-climatic conditions favors cultivation of wide range of horticultural crops including plantation crops and various fruits and vegetables. There are vast opportunities in silk processing and spinning units.
Commercial Flower Production Quality Certification Technology .. Agar (Aquilaria agallocha Roxb. Lemon Grass. As we know that Assam is majorly an agro-based state. i. Agriculture & Live Stock based Business Opportunities in Assam Sectors Agriculture Horticulture Fruits Vegetables Flowers Aromatic & Herbal plantations Opportunities Quality Seed / Planting Material Production and Marketing Quality Input Production and Supply Chain Food Grain Marketing and Export (Rice) Pulse and Oilseeds Post harvest and Processing Organic Farming Value Addition Agro based Industry Quality Certification Technology Farm Mechanization Contract Farming Organic Farming Commercial Production Marketing Cold / Bulk Storage Processing Packaging Common Facility Centre Brands Value addition Cold Chain Food Parks Quality Seed / Planting Material Production Micro & mass propagation of planting material Off-Season Vegetable and quality flower production under low cost poly house for Commercial Purpose. Patchouli (Pogostemon cabiln Benth.e.). etc. Let’s have a glimpse of all the agro-based opportunities in Assam.(Cymbopogan flexuosus Steud Wats).). agrarian economy with 74% of its population engaged in agriculture and allied activities. before going to other sectors.
the forests are a reserve of such commercially useful produce like timber. . stone. bamboo. etc. Government of Assam’s objective to promote bamboo as a substitute for wood. Bamboo is the best natural engineering material on this planet. to make it the timber of the 21st century. Bio-Fertilizers Production and Marketing Farm Machinery Production and marketing & Service Industry Mushroom Marketing Vermi compost Forest resources The state of Assam has a rich forest cover encompassing nearly a quarter of its land area. Blessed with plentiful rainfall. Roughly half of the forests are reserved.Sectors Animal Husbandry and Veterinary Fishery Sericulture Others Opportunities Working with Producer Organizations Dairy Processing and Chilling Meat Processing Broiler and Egg Production and Marketing Value Addition Packaging Livestock Feed Livestock vaccine / drug production / diagnosis / clinics Scientific and Commercial Production Integrated and Intensive Farming Carp Hatchery Organic Farming Processing Ornamental Fish Fish Feed Silkworm Rearing Technology Silk Yarn Production Value addition Handloom and Textile / Garment Design Marketing Exports Mass Production of bio pesticides and preparation plant based pesticides. cane.
Limestone with reserves of about 500 million tonnes is another important resource and is available in various grades. Exploration of Oil & Natural Gas and HDPE / LLDPE / Polypropylene based industries. Iron Ore (11 Mn. Mtrs) along many more resources like Fireclay.T. Consumption of wood is rising at 10% per annum in India. The wells at Digboi. Coal Bed Methane (CBM) Extraction. The China clay available in the Karbi-Anglong district is a vital input for the ceramics industry and has already spawned a few small plants. Coal based Power Plant. Limestone (703 Mn. De-Sulphurisation of Coal. Fuller's Earth. which have a huge market potential locally and abroad.).T. mt of natural gas reserves and superior quality natural gas available at an attractive price. Mineral resources Assam is rich in mineral resources likeCoal (320 Mn. also produce Natural gas accounting to about 50% of India's total onshore production. The refineries have the following capacities: Digboi Refinery (Capacity – 0. thereby reducing its cokeability. Sillimanite and Glass Sand. Opportunities based on minerals are Gasification & Liquefaction of Coal. . Assam accounts for about 15% of India's crude output. North east annually harvests bamboo worth of 500 billion rupees. Energy/Oil/Gas Based industry Assam has over 1.000 TPA.65 MMTPA) Guwahati Refinery (Capacity – 1. it can be extensively used as a material for building. Lithomarge. The coal found in Assam has a high sulphur content and high volatile matter content. scaffolding and furniture.T) and Granite (1 Bn.00 MMTPA) Numaligarh Refinery (Capacity – 3. As a subsitute for wood.00 MMTPA) Bongaigaon Refinery & Petrochemicals Ltd.India’s 64% and world’s 20% growing stock of bamboo grows in NE India.35 MMTPA) The Assam Gas Cracker Plant is coming up. The HDPE/LLDPE is 220. Polypropelene is 60. Cu.000 TPA.3 billion tonnes of proven crude oil and 156 billion cu.). Duliajan. private sector/JV companies have made about 32 significant hydrocarbon discoveries. Sivasagar etc. (Capacity – 2. Deposits of decorative stone like granite estimated to be more than a billion cubic meters are available in various shades and colours. In the last 4 years or so.
Daranga. 10 Million in tribal area and Rs.89%. Sonai. Scenic Beauty: Chandubi. Manas. the following incentives are available to private investors: Legal Coverage provided. It also has 3 medical colleges and one for aquaculture. ornithologists and photographers.Tourism To nature lovers all over the world. Assam is a dream destination. Haflong Pilgrimage: Guwahati. Majuli. The female literacy in this region of 43. Wayside Amenities Service Oriented Projects – Travel Agencies. amusement parks A few tourist destinations in the state are given below: Wildlife Sanctuaries: Kaziranga. With the withdrawal of the Restricted Area Permit (RAP). . Laokhowa. Batadrawa. Its natural landscape. 20 million in other areas and Allows campus in the state and study centres at different places. wild life sanctuaries. University to be self-financed. tourism is poised for a major boom. The state has a literacy rate of 52. Sponsoring body to establish endowment fund of Rs. Assam has four universities and one agricultural university. Hajo. As per The Assam Private University Act 2007. Bhairabkunda. Lodges. Bhalukpung. Motels. the state has 4 engineering colleges including an IIT (Indian Institute of Technology).19%. 8 polytechnics and 1 junior technical school. Borsola. 23 vocational training institutes (ITI).03% is higher than the national average of 39. Resorts Food Oriented Projects – Restaurants. Cafeterias. Pobitora. There is a big gap between the national average and state figure in terms of technical education and all efforts are being made to achieve it. Tour Operators. East Boraoi and 21 others Manpower availability and skills Assam has numerous educational institutions with a substantial portion of the population in the 15 to 25 age group in the major towns being computer literate. Orang. DibruChaikhowa. Rupai. lush green forests. sightseers. wildlife enthusiasts. There are immense opportunities in the following areas: Accommodation Projects – Hotels. pilgrimage spots and tea gardens offer a wide choice to cater to the tastes of a variety of tourists from the casual sightseer to the adventure tourist. Golf courses with air strips: Narengi. Training Institutes Ropeways. With reference to technical education.
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