In line with the CM’s vision to attract investment to the State, the Investment and Development Authority of Nagaland (IDAN) was created and notified by a Cabinet notification in June 2018. As the State’s investment promotion and facilitation agency (IPA) it aims to explore, promote and facilitate all possible investment opportunities for infrastructure and socio-economic development in the State.
The IDAN strives to be a driving force to transform Nagaland to be a prominent achiever under Sustainable Development Goals by force multiplying the strength of the Government Departments through effective networking.
The Mandate is to devise and execute medium to long term strategies to build and strengthen the State’s ‘Local Content’, and facilitate robust external investor relations and investments into the State.
The Vision is to lead integrated and streamlined activities, and play a pivotal role in multi-stakeholder engagements that will catapult the State’s revenue generating ability and establish sustainable development.
The Mission is to develop investor-friendly environment; and drive empirical, analytical and research that will contribute to policy advocacy and inputs which will enhance the ‘Ease of Doing Business’ in the State.
IDAN USP
- Driven by ‘Local Content’ and Aspirational Quotient of the people.
- Explore projects/schemes that are outside the purview of normal schemes of the State Government.
- Focus on Industries as also non-industries investments.
- Network with Corporate Social Responsibility (CSR) entities and attract CSR investment into the State to enable State Departments, entrepreneurs, NGOs and CSOs etc to access CSR funds.
- Explore innovative ways to provide a platform for growth to the entrepreneurs.
- Create employment opportunities for the unemployed youth in the State.
- Aligned with Invest India and also a shareholder.
KEY OBJECTIVES
- To identify potential sectors of growth in the State for investment.
- To facilitate projects and schemes that is outside the purview of normal schemes and plans of the State Government.
- To provide a level playing field for all potential investors and be a platform to interact and explore investment opportunities in the State.
- To develop the State into an attractive investment destination through policy interventions and logistic support.
- To focus investment in Industry and Non-Industry sectors.
- To attract CSR entities into the State.
- To create employment opportunities for the unemployed youth in the State.
- KEY TARGET AREAS
- Projects
- Conclaves/Workshops/Expos
- Training and Capacity Building
- Publications & Brand Communications
- Investment Promotion (Outreach/Road show/Site Visit)
- Facilitating investor visits/After Care
- Strengthening IDAN