Union Budget 2023-24
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Power Surplus State, 100% from green energy source

With 5 perennial rivers flowing through the state, Himachal Pradesh is the leader in hydropower generation in India, contributing nearly one-fourth of total hydro generation in the country.

The Baddi-Barotiwala-Nalagarh industrial belt has emerged as a key manufacturing hub for various sectors, and the region is recognized as the rising “Manchester of Pharma in India”, thereby generating many business opportunities in Himachal Pradesh.

The state ranks #2 in NITI Aayog's Export Preparedness Index (EPI 2021) under the Himalayan states category and is recognized as an “Achiever” by DPIIT in Logistics Ease (LEADS 2022).  

Himachal Pradesh, known for its pristine beauty, is one of the most visited states in North India.

Hydel Power

Net exporter of power accounts for 17% of the total hydro power potential of India

Apple

Fruit Bowl of India, 2nd largest producer of Apple along with stone fruits such as Plum, Peach and Citrus

SDG

Ranks 2nd in the country on Niti Aayog’s SDG India Index 2020-21

Tourism in Himachal Pradesh

Tourism

One of the most visited North Indian State by international & domestic tourists & recognized as Asia’s #1 paragliding site, Tourism contributes 7% to Himachal Pradesh’s GDP and the state aims to increase the share to 8.5 % by the end of 2022

The state is famous for its Himalayan landscapes and popular hill stations. 

Renewable Energy in Himachal Pradesh

Power

With five perennial rivers flowing through the state, Himachal Pradesh has the potential to contribute about 17% of the total hydropower potential of India

Out of the total harnessable hydro potential of about 23,458 MW, 10,580 MW has already been harnessed. 

AYUSH and healthcare in Himachal Pradesh

Pharmaceuticals

Himachal Pradesh has emerged as the largest hub for drug manufacturing units in Asia, meeting 35% of their demand of Pharma formulation.

The state has a widespread presence of 600+ Pharma Formulation Manufacturing Units and over 300 Pharma companies, including Ranbaxy, Dr Reddy’s, Morepen and Torrent Pharmaceuticals. 40% of India’s total manufacturing of drug formulations is in Himachal Pradesh. Exports of Pharma stand at $ 1033.81 mn of total State’s exports. 

Upcoming Bulk Drug Park in Haroli in Una district is expected to provide employment to more than 20,000 people. 

Agriculture in Himachal Pradesh

Agro and Food Processing

Ranks 2nd in production of Apples & Almonds in the country

With four favourable agro-climatic zones, Himachal Pradesh is one of the largest producers of off-season vegetables viz. capsicum, tomato, peas, cabbage, cucumber, and exotic fruits viz. Persimmon & Kiwi. The state is known as the “Fruit and Vegetable Bowl of India”.  

The State has availability of a dedicated Mega Food Park, Cold Chains, and Food Processing Units, standing as a testament to the presence of world’s leading food processing players in the State, including Britannia, TATA, Cremica, ITC, Pepsico, and Nestle. 

Medical Devices

Medical Devices

The first Medical Devices Park in northern India spread over 265 acres has been approved by the Government of India in Nalagarh, Solan

Himachal Pradesh is ranked #1 among ‘North-Eastern/Hill States’ in India Innovation Index 2020 & is recognized as the best performing State in Bio-Medical Waste Management by CPCB (2020)

10

Urbanisation Rate

Females/ 1000 Males
1040

Female/Male Ratio

Male/Female Ratio

Demographics

About 66% of Himachal Pradesh's population is in the working age group of 15-59 years. 

Himachal Pradesh stands at the 20th position in terms of population amongst all states in India. The state's population of  6.9 mn is equivalent to the population of Bulgaria.

Industrial Land Bank Portal

GIS - based map displaying available infrastructure for setting up business operations in the state.

Data On Map

MAJOR INVESTORS

Updates From Himachal Pradesh

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