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Islands Richly endowed withover 200 species of timber
With over 85% of the area under tropical rainforests, Andaman and Nicobar Islands offer 4 attractive opportunities for the wood-based industries. Located in the Indian Ocean, Andaman and Nicobar Islands are a group of 572 islands lying in the South-Eastern part of the Bay of Bengal. The Islands are located in close proximity to Indonesia and Thailand. They are well connected with the rest of the world with the presence of 23 ports and an international airport in the capital city of Port Blair.
The long coastline of 1,962 km provides huge opportunities for investments in marine-based industries. Andaman and Nicobar Islands have a total cropped area of over 16,500 ha, with major crops including coconut, paddy, banana and arec a nut. The Islands provide opportunities for handicrafts industries due to high demand fro the visiting tourists.
The Islands also promote IT/ ITeS-based Industries and offer various incentives under its dedicated sector policy. The Islands are home 2,400 MSME units and 7 industrial estates. Andaman and Nicobar Islands are a major tourist attraction with several beaches that offer water sporting and adventure activities such as snorkelling and scuba diving. The coastal belt surrounding these Istands is the abode of one of the richest coral reef ecosystems in the world.
A public-private partnership (PPP) is a project delivery model whereby private entities undertake large-scale engineering and construction projects, often on works with defined objectives and criteria under the supervision of a government agency for mutual benefit.
BOOT (build, own, operate, transfer) is a project that transfers the risk and responsibility for the design, construction and operation of a large public infrastructure to private developers.
IFET Global Ventures Private Limited is Registered in Mumbai with Corporate Office in USA.