Invest in Puducherry - Investment opportunities in Pondicherry

SNAPSHOT

Tourist arrival of over 1.2 Mn in 2020

Agriculture and tourism sectors are major contributors to the economy of Puducherry and about 45% of the UT's population depends on agriculture and allied activities.

The main crop of this territory is paddy. The principal food crops are rice, maize, ragi, and pulses. The cash crops include cotton, sugarcane, oilseeds, coconut, sesame and chillies. The important horticultural products are bananas and mangoes. Puducherry is the largest producer of bananas, flowers, tapioca, coconut, groundnut and sugarcane.Thus, the business community is welcome to invest in Puducherry and become a part of the growth story of the territory.

Puducherry has mineral deposits of limestone, clay, lignite, phosphate rocks, canker, and laterite. Many lucrative investment opportunities in Puducherry are available as some of the territory's key industries include chemicals, textiles, leather, electronics, light engineering, metals, tourism and food processing.

Puducherry is situated on the Coromandel Coast of the Bay of Bengal. Being a former French colony, the territory witnesses a prominent presence of French culture. The territory is conveniently located about 135 km away from Chennai, with a minor port located between two major ports at Chennai and Tuticorin. Gingee and Pennaiyar are the major rivers in the region. Ministry of Shipping has identified a lighthouse in the territory to be developed in phase-I of its Lighthouse Tourism initiative.

Presence of over 1,700 units producing chemicals and chemical-based products

Largest producer of bananas, flowers, tapioca, coconut, groundnut and sugarcane

Untapped marine resources of 61,700 MT offer huge scope for investments in packaged marine products and marine processing plants

Agriculture

Agriculture is one of the most important occupations for the people of Puducherry

In November 2020, the National Bank for Agriculture and Rural Development (NABARD) unveiled the ‘Potential Linked Credit Plan’ (PLP) for Puducherry worth $467.74 mn for 2021-22
Vision 2025 is signified by the following targets for Agriculture, Fisheries and Rural Development
- GSDP of Primary Sector valued at $41.2 mn
- Targeted area under cultivation measuring 29,000 hectares
- 5 Food Parks
- 4 Dairy Unions

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Tourism and hospitality

Puducherry is an attractive tourist destination with its beaches, French architecture, churches and Hindu temples

While domestically, tourist arrival was observed from Bengaluru, Hyderabad, Kerala, Chennai, Odisha and West Bengal, foreign travellers were mostly from European countries, especially France
In 2019, Puducherry witnessed the arrival of 1,713,248 domestic tourists and 149,919 foreign tourists
The total occupancy capacity in Puducherry stands at 5,000 rooms as of 2018

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Marine Products

The coastline is about 45 kms, with 26 landing centers and 1,000 sq. km. of continental shelves (with potential for marine fisheries )

It has a fishermen population of about 95,467, of which 29,383 fishermen are actively engaged in fishing from 27 marine fishing villages and 23 inland fishing villages/hamlets
The union territory is also endowed with freshwater area in the form of ponds and tanks suitable for both capture and culture fishery
In January 2021, the Department of Fisheries and Fishermen Welfare in Puducherry introduced a helpline to assist fishermen in contacting the department to resolve their grievances
In addition, the government will provide transponders at a subsidised rate. It will offer a subsidy of $ 68.90 and as transponder costs $ 206.69, the fishermen would only have to pay $ 137.79 to procure the device

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Urbanisation Rate

Females/ 1000 Males

Female/Male Ratio

Demographics

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

The total population of the territory is over 1.2 mn.

STATE URL

Pondicherry Industrial Promotion Development and …

Industrial Land Bank Portal

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

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Gallery

Apr 27, 2023 PM Modi's addresses Republic Summit 2023
Apr 13, 2023 New India's Trade Performance by Piyush Goyal, Commerce & Industry Minister
Mar 06, 2023 PM Modi addresses webinar on Ease of Living using technology
Mar 17, 2021 PM Modi's remarks at meeting with Chief Ministers on Covid-19 situation
Jun 17, 2020 PM Modi's remarks at virtual meeting with Chief Ministers of various States & UTs on COVID-19 Part 2

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