Andaman & Nicobar is an archipelago of 572 islands located in between the Bay of Bengal and the Andaman Sea.
The island's blue economy such as fisheries, aquaculture and seaweed farming will accelerate in line with the growth of modern infrastructure in A&N.
In March 2021, the Union Ministry of Home Affairs (MHA) announced that it is vetting 41 proposals of projects from various sectors including road construction, hospitality and industries in Andaman & Nicobar Islands and Lakshadweep.
In January 2021, state owned power producer NTPC announced that if will deploy 14 electric buses and will also set up public charging infrastructure in the islands. Introduction of electric buses will help cut down tailpipe emissions.
The islands have been recognised as an eco-friendly tourist destination.
Development of a deep internal port draught and proposal to build a trans-shipment port in Great Nicobar at an estimated cost of approximately US$ 1.36 billion
7th Position
In Time Magazine's world's best beaches list
240,000 tonnes
of annual exploitable marine fish stock.
515,000
recorded foreign and domestic tourist visits during 2019
2,400
MSME units and 7 industrial estates in the UT
1,962 km
of coastline provides huge opportunities for investments
86%
of A&N being under tropical rainforests, supports wood-based industries
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Here are the leading sectors with opportunities for foreign investors
Kitply Industries
Andamans Timber Industries
TripAdvisor, an American travel portal, has invested in tourism in the islands
Superior Air Products
has invited bids for three unserved airstrips in Andaman & Nicobar Island.
has identified Port Blair in Andaman & Nicobar under the urban development plan
is being promoted by the Government in the islands through public-private partnership (PPP)
at Port Blair being spruced up with increased capacity and improved infrastructure
50 MW LNG-based power plant at Hope Town
providing a bandwidth of 2 x 200 GB has been laid between Chennai and Port Blair in order to improve connectivity, digitization, trade, and increase employment opportunities.
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