Lakshadweep

Economic

Agriculture

  • Lakshadweep Economy is a simple one but it is an open economy for there is a great development scope here. This is due to the fact that this part of India has wealth that has not yet been exploited.
  • The Economy of Lakshadweep depends mainly on the agricultural, fishing, industrial, and tourism sectors.
  • The Economy of the union territory of Lakshadweep depends for its revenue on the agricultural sector. The main products that are cultivated in Lakshadweep are coconut and coir.
  • The coconut production in the islands are increasing each year and the agricultural department exports ....
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