The sea around Lakshadweep is rich in fishery resources and the main resource in the islands are Tuna. The estimated marine fishery potential resources in the sea around Lakshadweep is about one lack tones of tuna and tuna like fishes and about an equal quantity of Shark.
The Islands have a high presence of food products, beverage manufacturing, furniture and wood-based products manufacturing MSME units.
Abundant production of coconuts also provides investment opportunities in coconut-based products such as coconut oil, coir yarn, etc. Small-scale service industries such as engineering workshops, ITeS and auto-servicing, which do not pollute the lagoons are best suited on the islands. Concurrently, the islands have a very small but significant presence of local handicrafts.
Lakshadweep Islands, lying in the Arabian Sea, are a group of 36 islands. The islands are well connected with 10 minor ports and an airport in Agatti. The varied flora, fauna and coral reefs along the islands, attracts domestic and international tourists. The islands also offer a great destination for water sports. Ministry of Shipping has identified 10 locations in the UT to be developed in phase-I of its Lighthouse Tourism initiative.
Abundance of coir resources, with an upcoming coir cluster in Androt Island
India's highest per capita availability of fish, with highest number of fish catch in Minicoy
Presence of handicraft training-cum-production center, offering equipments at 50% subsidy to promote handicraft units