Nicobar
₹951 cr
of bankable business potential identified by the government in Nicobar.
Source: NABARD PLP 2022-23
Opportunities
What you can build here
Each opportunity card maps to a banker-ready DPR template. Generate a customised DPR with your promoter and capital details — ₹499 per report.
NABARD's plan for Nicobar · PLP 2022-23
₹951 crof bankable credit potential identified by the government
MSME (Micro, Small & Medium Enterprises)
₹549 cr
Term loans for agriculture & allied activities
₹134 cr
Housing
₹92 cr
Crop production, maintenance & marketing
₹68 cr
Andaman & Nicobar Islands' NABARD plan projects ₹950.63 crore of bankable priority-sector credit for 2022-23. This is a single UT-wide plan covering all three districts (South Andaman, North & Middle Andaman and Nicobar), so the figures are for the combined islands, not Nicobar on its own.
The money is dominated by MSME at ₹549.32 crore (about 58% of the plan), split into ₹245.70 cr of term loans and ₹303.62 cr of working capital. Farming and allied lines come to ₹238 crore (roughly a quarter of the plan). Because farmland is scarce and shrinking, most agriculture money sits in allied activities rather than crops.
The strongest rural clusters are fisheries (₹38.30 cr), helped by 121 fishermen societies and 46,801 MT of fish; coconut and arecanut plantations (₹27.71 cr) on over 24,000 hectares; and livestock (₹56 cr across goat-pig, poultry and dairy). Food and agro-processing gets ₹19.88 cr even though the islands currently have almost no processing units, so cold storage, packing and processing lines are wide open. Tourism, with new resorts planned under NITI Aayog at Aves, Smith, Long and Ross Islands, is a major growth theme.
The plan flags real hurdles: erratic rainfall and weak irrigation, hard-to-reach islands with poor transport and cold storage, fodder and feed shortages, a ban on tree-felling that starves wood-based units, and shortages of raw materials and skilled labour.
What the plan promotes
- Fisheries (marine, inland, brackish water) is the single biggest agriculture term-loan line at ₹38.30 cr, backed by 121 fishermen societies and a UT fish production of 46,801 MT
- Plantation & horticulture including sericulture projected at ₹27.71 cr; coconut grown on 20,070 ha (112.55 million nuts) and arecanut on 4,335 ha (10,589 MT) are the dominant horticulture crops
- Livestock term loans total ₹56.15 cr across sheep-goat-piggery (₹23.68 cr), poultry (₹19.67 cr) and dairy (₹13.12 cr); the UT has 64,761 goats and 36,438 crossbred cattle
- MSME is the largest opportunity at ₹549.32 cr (term ₹245.70 cr + working capital ₹303.62 cr); 1,512 registered units employ ~25,331 people, 83% in the micro category
- Food and agro processing pegged at ₹19.88 cr, though the UT currently has NIL processing units for rice/flour, spices, dry-fruit, milk chilling and meat, signalling a green-field cluster
- Tourism is a major thrust with beaches, snorkelling and sea-walking; luxury resorts planned under NITI Aayog at Aves, Smith, Long and Ross Islands
Gaps the plan names
- Erratic rainfall, non-availability of quality seeds and inputs, and inadequate irrigation infrastructure; only the January-April dry season severely hurts rain-fed crops
- Difficult terrain and inaccessibility of many islands, with poor transport, cold storage, processing and packaging facilities
- Fodder shortage for dairy animals and high cost of feed for poultry and other livestock
- Lack of high-value investment projects in agriculture and allied sectors, weak marketing federations, land-ownership and leasing issues, high labour costs, non-availability of raw materials and skilled labour
- Need for better water-use efficiency, hi-tech agriculture, rainwater harvesting and stronger extension services with information kiosks and audio-visual aids
See the plan's recommendations
What the plan promotes
- Fisheries (marine, inland, brackish water) is the single biggest agriculture term-loan line at ₹38.30 cr, backed by 121 fishermen societies and a UT fish production of 46,801 MT
- Plantation & horticulture including sericulture projected at ₹27.71 cr; coconut grown on 20,070 ha (112.55 million nuts) and arecanut on 4,335 ha (10,589 MT) are the dominant horticulture crops
- Livestock term loans total ₹56.15 cr across sheep-goat-piggery (₹23.68 cr), poultry (₹19.67 cr) and dairy (₹13.12 cr); the UT has 64,761 goats and 36,438 crossbred cattle
- MSME is the largest opportunity at ₹549.32 cr (term ₹245.70 cr + working capital ₹303.62 cr); 1,512 registered units employ ~25,331 people, 83% in the micro category
- Food and agro processing pegged at ₹19.88 cr, though the UT currently has NIL processing units for rice/flour, spices, dry-fruit, milk chilling and meat, signalling a green-field cluster
- Tourism is a major thrust with beaches, snorkelling and sea-walking; luxury resorts planned under NITI Aayog at Aves, Smith, Long and Ross Islands
Gaps the plan names
- Erratic rainfall, non-availability of quality seeds and inputs, and inadequate irrigation infrastructure; only the January-April dry season severely hurts rain-fed crops
- Difficult terrain and inaccessibility of many islands, with poor transport, cold storage, processing and packaging facilities
- Fodder shortage for dairy animals and high cost of feed for poultry and other livestock
- Lack of high-value investment projects in agriculture and allied sectors, weak marketing federations, land-ownership and leasing issues, high labour costs, non-availability of raw materials and skilled labour
- Need for better water-use efficiency, hi-tech agriculture, rainwater harvesting and stronger extension services with information kiosks and audio-visual aids
Value-chain gaps
Money this district loses today
Raw output sold cheap, value added elsewhere — each gap below is an opening for a local business.
Resources
What this district has
Tap a category to see the facts and figures underneath. Numbers marked unverified are AI-extracted and need a sourcing pass.
About Nicobar
Nicobar district is one of three districts in the Indian union territory of the Andaman and Nicobar Islands. The district's administrative territory encompasses all of the Nicobar Islands, which are located in the Indian Ocean, between the Bay of Bengal and the Andaman Sea. The headquarters of the district is the village of Malacca, located on the island of Car Nicobar.
Source: Wikipedia — Nicobar district
Atlas
Rank all districts →Andaman & Nicobar Islands
Nicobar
See Nicobar elsewhere
Ask anything about starting up in Nicobar
Get a first answer in minutes.
Want to ask the community something specific?
Sign in to post an ask.
Who's building here
No one has claimed a project here yet. Be the first builder visible to future visitors.
Compare Nicobar with
Spotted a gap, fact, or opportunity we missed?
Submit it to the moderation queue. We review within 72 hours.
Contribute →