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Sikkim

Nestled in the magnificent Himalayas, Sikkim is a strategically located state spread over 7096 sq. km. This land of awe-inspiring beauty has the distinction of being the world’s first 100% organic state. Sikkim’s major agricultural produce comprises large cardamom, ginger, turmeric, kiwi, and more With 315 glacier lakes, the third-highest mountain peak in the world, Mt. Kanchenjunga, and great biodiversity, it is no wonder that Sikkim is one of India’s most alluring tourist destinations.

Sikkim has the highest per-capita income in the Northeast and the state has emerged as a hub of pharmaceutical manufacturing. With its favorable tax incentives and policies, Sikkim is an attractive destination for investors seeking to expand their businesses.

Policies
Investible Projects
State Profile

Did you know?

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Sikkim has the highest per capita income amongst North-Eastern states

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Sikkim is the Largest producer of large cardamom in India

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Sikkim is Home to 315 glacier lakes and world's 3rd highest mountain peak Mt. Kanchenjunga

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Awarded as ‘Safest Tourist Destination in the Country’ by the Ministry of Tourism

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Certified as the first fully organic state in India by Ministry of Agriculture and Farmers Welfare

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Sikkim is a hub of Pharmaceutical Manufacturing

Key Highlights
  • 3381 MW of hydro-energy has been harnessed by the power surplus state of Sikkim from a total Potential of 8000 MW
  • Various tax incentives are offered to businesses, including exemption from income tax, sales tax, and excise duty for a period of up to 10 years, making it an attractive destination for investors.
  • The state has more than 50 pharma companies like Sun Pharma, Alkem, Zydus, Glenmark, Torrent, Golden Cross are already operational.
  • The state has excellent sports facilities like Paljor Namgyal Sports Complex/ Khelo India Sports centre, Bhaichung Bhutia Stadium, Khel Gaon, Reshithang for Athletics etc.
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Key Infrastructure
  • Sikkim has 2 Agro-export zones
Opportunities for Investor
  • Opportunity for setting up Pharma Research and Development Centres,
  • Opportunity for Hydro Power Projects,
  • Opportunity for handloom & handicraft sector investments with availability of traditional skills like Thangka Painting, Carpets weaving, Traditional Wooden Furniture’s’, Bamboo Products etc.
  • The state also has a great potential in Adventure sports. Opportunity for establishment of Adventure Sports training centre and facilities like ski resort etc.
  • Opportunity for setting up world class Institutes for Promoting Sports such as Football, Basketball, Archery, Boxing etc and Sports Complexes.
  • Sikkim’s tourism industry is growing rapidly, and the state has several tourist destinations. Investors can tap into the tourism industry by developing hotels, resorts, and other tourism-related infrastructure like ropeways, skywalks etc.
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