Foreign Direct Investment (FDI) in Andaman & Nicobar

Why Invest in Andaman & Nicobar

• Tourism Potential: The islands are famous for their pristine beaches, coral reefs, and eco-tourism opportunities.
• Strategic Location: Situated at the crossroads of international maritime trade routes, offering logistical advantages.
• Fisheries Sector: Rich marine resources, creating opportunities for seafood processing and exports.
• Government Support: Focused policies on tourism, sustainable development, and marine industries.

Incentives & Schemes

• Tourism Development: Incentives for setting up resorts, eco-friendly hotels, and marine tourism infrastructure.
• Fisheries Promotion: Subsidies and support for seafood processing, aquaculture, and fish export businesses.
• Infrastructure Development: Special focus on enhancing transport connectivity, ports, and smart city initiatives.

Key Economic Data: Andaman & Nicobar

Category	Details
Capital	Port Blair
GSDP (2023–24)	₹4,600 crore
Growth Rate	6.5%
Per Capita Income	₹2,20,000
Top Sectors	Tourism, Fisheries, Agriculture, Shipping
FDI Share in India	0.01%
Top FDI Sources	Singapore, UAE
Cumulative FDI (FY2024)	₹120 crore (Q1)
Policy Impact	Focus on sustainable tourism, fisheries, and infrastructure
Recent FDI	₹30 crore (2020–21)

Latest Insights

• Andaman & Nicobar attracted ₹120 crore in cumulative FDI by Q1 FY2024.
• The tourism sector remains a major driver, with eco-tourism initiatives gaining traction.
• Government policies continue to encourage investment in fisheries, sustainable tourism, and infrastructure development.