Meghalaya became the 21st State of the Indian Union, when it achieved full-fledged Statehood in 1972. Home to the Khasi, Garo, Jaintia and some lesser known tribes, Meghalaya boasts of a unique matrilineal lineage system. Meghalaya is one of the most beautiful states in the country. Nature has blessed her with abundant rainfall, sun-shine, virgin forests, high plateaus, tumbling waterfalls, crystal clear rivers, meandering streamlets and above all with sturdy, intelligent and hospitable people. It is quite rich in natural resources like coal, uranium and is the only state with surplus power generation. It is also known for its tourism potential. Its climate is not only ideal for the development of tourist and health resorts but also for the growth of a large number of horticultural crops like fruits, spices and mushroom. It occupies an advantageous position over several other States because of the following factors:-

Store house of natural resources;

Fairly large pool of skilled,

semi-skilled and unskilled labour;

Congenial investment climate;

Liberalised industrial policy together with single window clearance facility;

Adequate infrastructural facilities;

Favourable regulatory environment;

Congenial industrial relations climate; etc.

Given the enabling environment, the Government of Meghalaya has undertaken several policy measures and incentives in order to encourage inflow of investment into the various sectors of its economy.