Lakshadweep is a group of 36 coral islands, scattered over an area of 78,000 sq km across the Laccadive Sea.
25% capital investment subsidy to new entrepreneurs.
Average daily global solar radiation as high as 2,022 kWh/m2/annum
Massive potential for production of coconut products.
Coral reefs, white sand beaches have boosted tourism.
10 minor ports and an airport have boosted connectivity.
15th rank in Ease of Doing Business among the Indian States
Lakshadweep Islands are the first Union Territory to become 100% organic
Island Development Agency
set up in 2017 for development of India islands under an initiative of NITI Aayog
Tuna Farming
Huge potential for tuna fishing in Minicoy Island; Development of tuna processing plant through PPP
Green Energy
Solar projects with capacity of over 12 MW have been planned for Lakshadweep to ensure power supply surplus
Connectivity
10 modern shipping vessels proposed to improve trade and connectivity between the islands and the mainland
Fiscal Incentives
Incentives as contained in Industrial Policy for North East (NEIDS, 2017) could be extended to Lakshadweep
Food Processing
The Islands have a high presence of food products, beverage manufacturing MSME units.
Timber
The Islands have a high presence of coconut and wood-based products manufacturing MSME units.
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Here are the leading sectors with opportunities for foreign investors
Abaya Tours is the Government of India approved agent for Lakshadweep tourism development and promotion
Bangaram Island Resort operates a luxury property in Lakshadweep.
Proposed greenfield airport to improve connectivity with Minicoy.
for which Kavaratti is the city identified in the Lakshadweep Islands
Ocean Thermal Energy Conversion (OTEC) project coming up in Kavaratti
3 projects in Kadmat, Minicoy, Suheli; 2 water villa projects in Minicoy, Suheli
Action plans being prepared for another five Islands – Kalpeni, Kadamat, Agatti, Chetlat, Bitra
Stakeholders in ecotourism are being invited to invest in Lakshadweep.
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments
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