Sikkim

Sikkim, India’s second-smallest in geographical size, is a fast developing State. Its Gross State Domestic Product (GSDP) between 2004-05 and 2014-15 expanded at a compound annual growth rate (CAGR) of 18.34 percent to US$ 2.1 billion whereas the Net State Domestic Product (NSDP) expanded at a CAGR of 17.74 per cent to US$ 1.74 billion Driven primarily by tertiary sectors, the State's economy is largely agrarian which is based on terrace-farming of rice and cultivation of crops such as maize, millet, cardamom, buckwheat, pulses, spices, cereals, oranges, tea etc. Although Sikkim has only 11% of land under productive cultivation, it has achieved the distinction of becoming India’s first State to be certified as “fully organic” by the Union Ministry of Agriculture and Farmers Welfare and some accredited agencies. On 18 January 2016, the Prime Minister, Mr Narendra Modi, who launched the Sikkim Organic, logo, handed two commendations to the state in recognition of its extraordinary journey towards total organic farming. As of now, 76,392 hectares of Sikkim’s cultivated land is certified as fully organic. Sikkim’s thrust areas are eco-tourism, MSME, handicrafts & handloom, medicinal & forest based, horticulture & floriculture, food processing, pharmaceuticals, honey & biotechnology. The Sikkim Government’s mission is to make tourism the principal means of livelihood for its 6 lakh-plus people and develop high-skilled human resources needed for the sector. Clearly, the state Government aims to give higher impetus to rural tourism as well to make sure rural communities get significant economic benefits. Home stay is one of the integral components of rural tourism. As many as 660 home stays are currently being run. The mission is designed to provide tourists with a “Feel Sikkim from Within” experience – Sikkim’s way of life, environment, happiness index and cultural strengths. The Sikkim Government also encourages wellness tourism and pilgrimage tourism for which it regularly conducts a variety of activities at different levels. Sikkim, which has a hydro potential to produce 8,000 MW, has given green light t29 hydroelectric power plants to independent power producers which are at various stages of construction. As part of its Mission to provide uninterrupted power supply to all connected consumers as well as unconnected households by way of Intensive Electrification and System Strengthening, Sikkim has launched a comprehensive scheme to strengthen the distribution and transmission system. It aim is also to provide electricity with free connections to all rural and BPL households. Sikkim, India’s second-smallest in geographical size, is a fast developing State. Its Gross State Domestic Product (GSDP) between 2004-05 and 2014-15 expanded at a compound annual growth rate (CAGR) of 18.34 percent to US$ 2.1 billion whereas the Net State Domestic Product (NSDP) expanded at a CAGR of 17.74 per cent to US$ 1.74 billion Driven primarily by tertiary sectors, the State's economy is largely agrarian which is based on terrace-farming of rice and cultivation of crops such as maize, millet, cardamom, buckwheat, pulses, spices, cereals, oranges, tea etc. Although Sikkim has only ...

Shri G Kishan Reddy, Minister of Development for the North Eastern Region while lighting the lamp at the inaugural session of North East Bankers Conclave on 28th April 2023.
CII North East Industry delegation visit to Hero Motor Corp in New Delhi on 19 April, 2023.
CII North East Industry delegation visit to Medanta in New Delhi on 19 April, 2023.
Shri Nitin Gadkari, Hon’ble Minister of Road Transport and Highways of India; Mr Deepak Jain, Chairman & Managing Director, Lumax Industries Ltd; Mr Anil Saraf, Chairman, CII NR Committee on Real Estate & Infrastructure & CMD, ASF Group; Mr Anshuman Magazine, Chairman & CEO - India, Southeast Asia, Middle East & Africa, CBRE; Ms Amita Sarkar, Deputy Director General, Confederation of Indian Industry at CII NR Annual Regional Meeting & Conference on 24th March 2023, New Delhi.
Shri Prem Singh Tamang, Chief Minister of Sikkim addressing the B20 Conference on 16 March 2023 in Gangtok, Sikkim.
Dr Rajkumar Ranjan Singh, MoS, MEA addressing the participants at Precursor meeting of B20 India Initiatives in North States of India.

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CII News Update

CII Sikkim MSME Conclave 2025 – Empowering MSMEs in Sikkim | 12th February 2025 | Gangtok, Sikkim

Joint Secretary, MSME, Government of India, Praises Sikkim’s Double-Digit GDP Growth and Expresses Hope for MSME Development in the State with Government Support.

While addressing the 2nd CII Sikkim MSME Conclave in Gangtok, Sikkim, Ms. Mercy Epao, Joint Secretary, Ministry of Micro, Small, and Medium Enterprises (MSME), Government of India, praised Sikkim for its impressive double-digit GDP growth rate. She was the Chief Guest at the conclave organized by the Confederation of Indian Industry (CII). She further elaborated that the Government of India has set targets for the development and support of MSMEs in the country through a variety of schemes and urged Sikkim to take advantage of these initiatives. She also encouraged entrepreneurs to register on the UDYOG MITRA portal for better access to all available schemes. Outlining the challenges faced by the Northeast due to difficult terrain and connectivity issues, she emphasized that the Government of India has formulated schemes like the Prime Minister’s Employment Generation Programme (PMEGP) to promote MSMEs.

Smt. Choden Gyatso, Additional Secretary-cum-Director, Department of Commerce and Industries, Government of Sikkim, highlighted that MSMEs are one of the most important pillars for state building. She spoke about Sikkim’s MSME Policy, Startup Policy, and Investment Promotion Policy, which are designed to support MSMEs in the state, urging entrepreneurs to take full advantage of these policies. She also mentioned that there is a special focus on women entrepreneurship in the state. Under the dynamic leadership of Hon’ble Chief Minister Shri Prem Singh Tamang, Sikkim has a clear roadmap for MSME development.

Earlier, Mr. Sony Virdi, Chairman, CII Sikkim State Council and Founder, Mount Zion Group of Schools, welcomed the dignitaries. Smt. Sradha Sharma Rajan, Co-Chairman, CII Sikkim Council and Managing Director, Skipping Stones Private Limited, proposed the vote of thanks. The conclave, attended by 150 participants, facilitated discussions on MSME opportunities and their role in Sikkim’s growth. It concluded with a call to action for entrepreneurs to leverage government and industry support to build a competitive MSME sector.

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