Unique Opportunities Offered By A Small State – Meghalaya Tenders

With around one third of the areas covered by forests and predominantly and agrarian economy, Meghalaya tenders offer some unique opportunities for businessmen to carry forward their business. In addition to the agriculture and forest sectors, the service sectors like real estate and insurance also offer good opportunities for aspirant entrepreneurs and investors. Tourism is also flourishing in this naturally beautiful state.

Major Opportunities in Meghalaya Tenders
Some of the major opportunities in respect of Meghalaya tenders are –

• Agricultural sector including seeds, fertilizers, agricultural equipments including the tractors and ploughs etc;
• Forest sector with the forest products marketed;
• Construction and real estate sector in building and other constructions;
• Consultancies for construction industries;
• Legal and financial consultancies in the services sector;
• Transportation industry since the state is still dependent on imports from other states in the food and beverage sectors; and
• Tourism and hospitality industries that offer a lot of opportunities since numerous tenders are floated at regular intervals.

Unique Feature of Meghalaya Economy
Despite having a rich base of natural resources, industrialization has not been rapid in the state. Minerals like coal, kaolin, and granite, sillmanite, and lime stones are available in abundance in the state. Large forest covers give the environment biodiversity. Numerous water bodies are also there. Though a couple of cement manufacturing plants with production capacity of 900 MTD has come up in the state and a few more are in the pipelines, there is acute necessity of development of infrastructure and transport facilities in the state.

Tourism Opportunities
The state administration has been trying sincerely to improve the tourism facilities and scenario in the state. However, the lack of adequate security as well as infrastructure has also come in the way of progress of the tourism industry. On the plus side the state is rich in natural beauty and resources and it is expected that tourism industry will flourish with beautiful city of Shilong which is also the state capital, as the center in the coming years.

Best Tender Opportunities
Best Meghalaya tenders are therefore still confined to the agriculture and horticulture sectors. Especially, the following crops and horticultural products are marketed in huge quantities and several tenders for marketing, sell, as well as transportation come up in these areas.

• Rice, maize, wheat, pulses, and cereals.
• Rapeseed, mustard, linseed, castor, soybean, and sesame.
• Cotton, jute, and Mesta. But these are on the declining trend.
• Vegetables, flowers, spices, and medicinal plants.
• Citrus fruits, pineapple, banana, and papaya.
• High quality mandarin orange.
• Tea, coffee, cashew, and Areca nuts.

Legal Aspects
It is necessary for the aspirant bidder to have adequate knowledge of the legal aspects of bidding for and winning the tenders in the tiny hilly state. Since it is one of the Border States adjacent to neighboring country Bangladesh, the security aspects are vital and they are taken adequate care of by administration of the state.