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Industrial Policy Of Sikkim

  • Human resource development through appropriate skill and entrepreneurship development programmes behavioral training, etc., at district, sub-division and block level, to meet the emergent skill requirements of the State within a stipulated time frame.
  • Protection and promotion of interest of the local people especially at the unskilled and semi-skilled levels by defining norms for a minimum percentage of employment to the local people in the industrial units.
  • Encouraging joint ventures between local entrepreneurs and industrialist from outside the State for setting up of industries within industrial belt area.
  • Simplification of procedures and opening up of Sikkim with a view to attract both internal and outside investors, with respect to prospects whose long-term viability is carefully evaluated.
Strategy for implementation of the policy

The objects set out in the industrial policy are challenging and require a well-defined strategy for implementation. The Government proposes to achieve these objectives by pursuing the following strategies:
  • Identification of thrust areas and effective promotion of industries in these areas.
  • Announcement of attractive package and fiscal incentives.
  • Special promotional measures for rural and traditional industry.
  • Establishing industrial estates and growth centers to facilitate integrated development of industry.
  • Development of rehabilitation package for the sick industries.
  • Revamping the public sector undertakings.
  • Creation of appropriate organization arrangements.
  • Development of marketing support systems.
  • Development of appropriate training facilities.
  • Creation of Single Window Agency.
Thrust areas

The State has identified certain thrust areas for concentrated industrial development, which will enjoy additional incentives, and are as follows:
  1. Agro-based industries
  2. Floriculture
  3. Animal Husbandry and Diary Products
  4. Minor Forest Based Produce
  5. Handloom, Handicrafts and Village Industries
  6. Tourism
  7. Precision oriented, High Value, Low Volume products
  8. Electronic and Software
  9. Hydel power and
  10. Tea
Attractive packages and fiscal incentives

To generate and entrepreneurial spirit and encourage investments in industry, the Government announces an attractive package of incentives and facilities, keeping in mind the increase in competition among the various States. These incentives will be in addition to the industries in the thrust areas. These are enunciated in detail in the Annexure to the policy.