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Assam is known for its agarwood resources, and oud oil extraction supports high-value perfumery and export-oriented fragrance industries.
Agarwood (oud) oil extraction is a high-value industry in Assam, where agarwood trees are cultivated and processed through distillation. The oil is widely used in luxury perfumes, incense, and traditional fragrance products. Assam’s agarwood has strong demand in Middle Eastern and international markets. From a fiscal perspective, agarwood oil attracts applicable GST rates, while exports are zero-rated and may be eligible for RoDTEP benefits. Imports of distillation equipment may involve customs duties, with possible support under available incentive schemes. From a non-fiscal perspective, compliance with forest regulations, quality certification, and traceability requirements is essential. Export markets require adherence to CITES norms, IFRA guidelines, and international quality standards.
| Sr no. | Scheme Name | Scheme Type | Action |
| 1 | Deendayal Antyodaya Yojana National Rural Livelihoods Mission (DAY-NRLM) | Central | View more |
| 2 | MSE Green Investment and Financing for Transformation Scheme (MSE-GIFT) | Central | View more |
| 3 | MSE Scheme for Promotion and Investment in Circular Economy (MSE-SPICE) | Central | View more |
| 4 | MSME Trade Enablement and Marketing Initiative (MSME TEAM Initiative) | Central | View more |
| 5 | Pradhan Mantri MUDRA Yojana (PMMY) | Central | View more |
| 6 | Prime Minister's Employment Generation Programme (PMEGP) | Central | View more |
| 7 | Uttar Poorva Transformative Industrialization Scheme (UNNATI) 2024 | Central | View more |