Business Investment Opportunities in Andaman and Nicobar Islands

SNAPSHOT

Endless variety of exotic flora and fauna

With over 86% of the area under tropical rainforests, Andaman and Nicobar Islands offer attractive opportunities for the wood-based industries.

Located in the Indian Ocean, Andaman and Nicobar Islands are a group of 572 islands lying in the South-Eastern part of the Bay of Bengal. The Islands are located in close proximity to Indonesia and Thailand. Being well connected with the rest of the world with 23 ports and an international airport in the capital city of Port Blair, the business opportunities in Andaman and Nicobar islands are plenty. The long coastline of 1,962 km provides huge opportunities for investments in marine-based industries, and cruise tourism which is currently at a nascent stage in India.

Andaman and Nicobar Islands have a total cropped area of over 16,500 ha, with major crops including coconut, paddy, banana and areca nut. 14,491 ha area of A&N Islands becomes the first large contiguous territory to be conferred with organic certification under ‘Large Area Certification’ scheme. There are many business opportunities in Andaman and Nicobar Islands for handicrafts
industries due to high demand from the visiting tourists. The Islands also promote IT/ ITeS-based industries and offer various incentives under its dedicated sector policy. The Islands are home to 2,400 MSME units.

Andaman and Nicobar Islands are a major tourist attraction with several beaches that offer water sporting and adventure activities such as snorkelling and scuba diving. The coastal belt surrounding these Islands is the abode of one of the richest coral reef ecosystems in the world.

Estimated Fishery potential of 1.48 lakh MT (3.8% of India’s total Fishery Potential)

Recorded tourist arrivals of over 515,000 during 2019

Exclusive Economic Zone (EEZ) around the islands: 6,00,000 sq. Km (30% of India’s EEZ), Coastline (excluding creeks) : 1962 Km (1/4th of India’s coastline)

Tourism

Andaman and Nicobar Islands hold some of the most pristine beaches and forests in the world, attracting tourists and naturalists from across the globe

About 93% of the Islands’ total area is under forests (Reserve + Deemed + Mangroves + Wetlands) and holds about 2000 sq. km of coral reefs.

The islands recorded over 515,000 tourist arrivals during 2019.

Plenty of people from various parts of the world visit here every year to explore the charm and grandeur of the serene islands, to enjoy the unique culture of these islands, and to do Scuba Diving.

Radhanagar Beach in Havelock Island, A&N has often been awarded the Best Beach in Asia and the 7th position in Time Magazine’s World’s Best Beach List. The beach recently received the famed Blue Flag eco-label certification awarded by the Foundation for Environment Education, Denmark.

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Fisheries

The Andaman & Nicobar Islands have vast potential for fisheries development in view of its Coastal length of about 1,962 km and Continental shelf area of 35,000 Sq Km.

The Exclusive Economic Zone (EEZ) around these islands is about 6,00,000 Sq. Km with an estimated Fishery potential is 1.48 lakh MT which is 3.8% of our Country’s total Fishery Potential. For augmentation of Fish production and to harvest the untapped fishery resources without effecting the fragile ecosystem, the Department of Fisheries, A & N Administration is implementing Various schemes/programmes. The islands have about 7034 Licensed Fishers.

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Urbanisation Rate

Females/ 1000 Males

Female/Male Ratio

Demographics

69% of Andaman and Nicobar Islands' population is in the working age group of 15-59 years.

The total population of the Islands is more than 380,000.

Investible Projects

Investment Opportunities in Andaman and Nicobar Islands

Projects
116
Opportunity
$ 4.03 bn
Promoters
110
District
4
Govt. Projects
116

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Industrial Land Bank Portal

GIS - based map displaying available infrastructure for setting up business operations in the state.

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Gallery

Feb 01, 2022 Finance Minister Nirmala Sitharaman presents Union Budget 2022
Oct 18, 2021 PM Modi's address at the launch of PM GatiShakti, National Master Plan for Multi-Modal Connectivity
Sep 25, 2021 PM’s video address at ‘Global Citizen Live’
Sep 24, 2021 Prime Minister Narendra Modi meets Vice President Harris on 3-day visit to US
Sep 23, 2021 Launch of the National Single Window System

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