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SNAPSHOT

Power Surplus State, accounts for nearly a quarter of harnessable hydropower potential of India.

With 5 perennial rivers flowing through the state, Himachal Pradesh is the leader in hydropower generation in India.

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

The state ranks #1 in NITI Aayog's Export Preparedness Index (EPI 2022) under the Himalayan states category and is recognized as an “Aspirer” under Landlocked Group category by DPIIT in Logistics Ease (LEADS 2023).  

Hydel Power

Net exporter of power with 100% renewable energy

Apple

Fruit & Vegetable Bowl of India: Ranks 2nd in Apple & Almond production

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 State by international & domestic tourists in India; recognized as Asia’s #1 paragliding site

Tourism contributes 7% to Himachal Pradesh’s GDP.  The state witnessed arrival of about 15 Mn domestic tourists and  29,333 foreign tourists in the year 2022.

Himachal Pradesh offers a wide variety of options to tourists having different interests and is popular for leisure, religious, adventure & cultural tourism. 

The state is known as " A Destination for All Seasons and All Reasons" and to promote tourism, Tourism Department has laid a special emphasis on development of the activity-based tourism and opening up of new sub destinations. 

Renewable Energy in Himachal Pradesh

Power

With five perennial rivers flowing through the state, hydropower development is the key engine to the economic growth of Himachal Pradesh

Himachal Pradesh’s harnessable hydropower potential is 23,500 MW of which 10,580 MW has already been harnessed. 

Himachal Pradesh has the unique distinction of being net exporter of power with 100% renewable energy. 

The robust transmission & distribution network in place ensures 100% electrification in the State.

AYUSH and healthcare in Himachal Pradesh

Pharmaceuticals

Himachal Pradesh has 7 pharma cluster, which is one of the highest in India

New Bulk Drug Park has been inaugurated in Himachal Pradesh to provide easy access to standard testing & infrastructure facilities for investors. Raw materials for medicine manufacturing will also be produced in the state. Himachal Pradesh contributes 35% of pharma demand in India.

Agriculture in Himachal Pradesh

Agro and Food Processing

Known as Fruit & Vegetable Bowl of India: Ranks 2nd in Apple & Almond production

One of the largest producers of off-season vegetables & exotic fruits. And it has a Gross State Domestic Product (GSDP) $21.2 Bn.

It is the 2nd largest producer of apples and almond.

The State has 172 existing Food Processing Units. Robust R&D ecosystem with 4 Universities, IT Universities, 5 Engineering Colleges, 21 Polytechnics and 70 ITIs.

Medical Devices

Medical Devices

New Medical Devices Park upcoming in Himachal Pradesh to provide easy access to standard testing and infrastructure facilities to investors

Himachal Pradesh is ranked #5 among ‘North-Eastern/Hill States’ in India Innovation Index 2021 & is recognized as the best performing State in Bio-Medical Waste Management by CPCB.

10

Urbanisation Rate

Females/ 1000 Males
974

Female/Male Ratio

Male/Female Ratio

Demographics

About 58.6% of Himachal Pradesh's population is in the working age group of 15-59 years. 

The state's population of  6.9 Mn is equivalent to the population of Bulgaria. The literacy rate of the state is about 82.8%. 

Industrial Land Bank Portal

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

Data On Map

  • Business Opportunities in Himachal Pradesh

MAJOR INVESTORS

Updates From Himachal Pradesh