A planned zone of factories and workshops, developed by the state industrial corporation on subsidised land.
0% of Pherzawl's workforce works in small and medium enterprises, behind the typical district. The district has 202 manufacturing MSMEs. The Industrial Estate provides the plotted land and shared infrastructure this manufacturing base runs on.
21% of registered enterprises are in services while 79% are in manufacturing. Only 12% of school-age children are enrolled in higher secondary school (classes 9–12).
In Pherzawl, which ranks 15 of 16 in Manipur for youth opportunity, the overall opportunity score is 44.9 out of 100. It runs ahead of the national picture on formal-sector jobs at 17.9%. On value added per enterprise worker at ₹1,39,928, it sits close to the national mark.