Easy Articles - Article Syndication
Browse Category
Accounting Payroll (9)
Automobiles (289)
Book Marketing (30)
Branding (120)
Business (1926)
Career Advice (44)
Careers Employment (58)
Change Management (3)
Communications (71)
Computers and Technology (719)
Consulting (27)
Diseases STDs (3)
Finance (624)
Food and Drink (118)
Franchising (8)
More...
Assam – Attractive Investment Destination in North East India by K.K.Poria
Published in Automobiles on August 19, 2010
   
Rating :
Total Hits :

Assam is known as the gateway to the northeastern part of India. The capital of the state is Dispur, which is located in the city of Guwahati.

The state is renowned for its tea, petroleum resources, silk, and a rich biodiversity. Assam is also home to the one-horned Indian Rhinoceros, Asian elephant, tiger, and a number of species of birds. The mighty river Brahmaputra flows through the state providing the region with hydroelectricity. The river and its tributaries make the land extremely fertile and provide water resources.

The state of Assam has the largest economy amongst all northeastern states of India. Tea and petroleum sectors are the main contributors to the state economy. Assam tea is known all over the world as a premium brand. Because the state is blessed with abundant resources of natural gas and hydropower, generation of electricity is cheap and easy. The telecommunication network in the state is also expanding rapidly. Guwahati is the heart of the telecommunication and transportation network in the northeast region.

The state is also a source of raw materials for many neighboring states. All commercial and trade-related activities take place in Guwahati. The state serves as the largest domestic market in the northeastern region of the country. Besides, it has the largest number of educational institutes in the entire northeastern region. Assam has a good transportation network that includes railways, roadways, airways, and waterways.

The strategic location of Assam makes it accessible to southeastern Asian countries. The state acts as a base for domestic investors interested in expanding their business to the markets of Malaysia, Thailand, Indonesia, and the Philippines. Moreover, the proximity of the state to neighboring countries such as Nepal, Bhutan, and Bangladesh plays a major role in attracting foreign investors to the state.

Thanks to the river Brahmaputra, the state has some of the most fertile land in the country. It is suitable for production of cash and food crops. The state is also rich in natural resources of coal, rubber, limestone, and granite, in addition to oil and natural gas. The state is also known for its arts and crafts, which support a number of cottage industries, such as hand loom, carpentry, and sericulture.

Other than these sectors, investment potential in Assam also exists in other industries:

1. Cane and bamboo: This sector has been identified as a key sector for the state's development. The bamboo and cane furniture of Assam is sought after greatly in the domestic and international markets.

2. Brass and ball metal: Assam is known for its beautiful and strong brass work. The brass and ball metal work is a traditional industry of Assam. The main products are plates, pitchers, pots, and items for interior decoration.

3. Sericulture and hand loom: The climate of Assam is extremely suitable for growth of the sericulture and hand loom industry. The state has the highest number of weavers and hand looms in the country. Assam produces a variety of silks but it is mostly known for its muga silk.

The government of Assam has initiated a number of projects to attract more investments in the state.

Invest in India provides a platform for investors globally to learn more about the investment opportunities in India.

K.K.Poria - About the Author:

Writer, political analyst, defense analyst, international politics
Rate Article 
 
Like the PressRelease? Then share it with others at popular websites below:
                           
Welcome to the broader horizon of communication in voice broadcasting!!!
Welcome to the broader horizon of communication in voice broadcasting!!!
No wonder then, today’s field of electronics leaves the average man baffled with many concepts that are difficult to comprehend or digest. One of the most preferred is therefore the one related to voice broadcasting.
By Kevin Smith - February 07, 2012
Hot Drinks Vending Machines and Coffee Vending Machines
Hot Drinks Vending Machines and Coffee Vending Machines
We sell New Machines, Refurbished Vending Machines, Office vending machines, Hot drink Vending machines and many more options to gain from
By vending - February 07, 2012
Flights to Philippines - Manila Making Them Hot and Popular
Flights to Philippines - Manila Making Them Hot and Popular
Head towards Philippines and a stay in Manila is must for every visitor. It is the capital city of Manila that gives this Southeast Asian country its loudest identity though there are various other exotic places too. But what makes the capital so hot and popular is its never ending spirit.
By Mushtaq Ahmed - February 07, 2012
Psychiatist Helps You In Reducing Mental Pressure
Psychiatist Helps You In Reducing Mental Pressure
Lifestyles in metropolis places are quite hectic, people are so busy in this rush after name, fame and money.
By andy - February 07, 2012
Explore India Nepal Tours Holiday
Explore India Nepal Tours Holiday
Two countries, two cultures and more fun! Book your tickets to Explore India Nepal Tour Holiday and live the best day of your life. From high-lands to low-lands, from deserts to forests, from temples to wildlife, explore and enjoy all that the earth consists of. Click pictures, indulge in shopping, taste delicious delicacies and purify your soul. Book your tour to these two amazing countries and make your holiday worth.
By Dhirendra - February 07, 2012
Your Name: *
Website URL: *
Notify me of followup comments via e-mail
 
CAPTCHA Enter the code shown:
* Required fields
Google Ads