SNAPSHOT

Come as a Visitor, Stay as an Investor

The state attracted close to 20 mn domestic & Foreign tourists in 2021

Uttarakhand, located at the foothills of the majestic Himalayan mountain ranges, is known for its pristine beauty and breath-taking locales. The state has always been acknowledged as a Tourism hub due to its snow-covered peaks, gushing rivers, verdant valleys, untouched forests & the presence of major religious destinations. The young state has also emerged as one of the major investment destinations for manufacturing in the country, particularly in Automobiles, Pharmaceuticals & Food Processing, due to its business-friendly environment, conducive investment policies and simplified regulations. Therefore, entrepreneurs can leverage particularly lucrative business opportunities in Uttarakhand.

The Gross State Domestic Product (GSDP) of Uttarakhand for 2022-23 (at current prices) is projected to be INR 2,76,677 crore.  This is a growth of 9% over the revised estimate of GSDP for 2021-22 (INR 2,53,832 crore). In 2021-22, GSDP is estimated to grow by 8.2% over the previous year (at current prices).

The state offers an unbeatable combination of single-point clearances, competitive land prices in world-class industrial estates, cheap power, clean water, a highly-skilled workforce, good law & order, proximity to the National Capital Region. Also, the state offers its vast consumer base and dedicated Relationship managers for investors to guide them through their investment life cycle; hence, potential investors can do their due diligence and explore rewarding investment opportunities in Uttarakhand. Its world-renowned education system, Wild-life sanctuaries, peaceful & friendly people provide an unmatched quality of life to its residents.

A majorly organic State, the 4 Agro-climatic conditions allow the production of off-season vegetables and the State has the highest production of Pear, Peach, Plum, & Apricot in the country. 
The State is rich in Limestone and has a huge potential for value added Industries.

As of March 2022, the state had a total installed power generation capacity of 3,950.19 MW. Of this, hydro power accounted for 1,975.89 MW, followed by thermal power at 1,011.26 MW and renewable power at 931.8 MW. Of the total installed power capacity, 1,324.52 MW was under state utilities, 1,656.63 MW under private sector and 969.04 MW under central utilities.

The state also offers tremendous opportunities in Wellness & Tourism sector. In 2020, total tourist arrival in the State was over 39 mn. Wellness is imbibed in Uttarakhand’s culture and it has the potential to emerge as the world’s “Wellness Destination”.

Uttarakhand has been consistently ranked amongst the top states in India by DPIIT in its assessment for ease of doing business. The State’s Investment Promotion Agency (IPA) is adjudged as the “Top Performer” by Invest India, DPIIT, in the rankings for Investment promotion Agencies across 20 States, thereby ensuring the suitability to invest in Uttarakhand. Moreover, Uttarakhand ranked #13 in National Logistics Index 2021.  

World Class Industrial Areas are developed by State Infrastructure and Industrial Development Corporation of Uttarakhand Ltd (SIIDCUL).

Magnesite

2nd largest producer of magnesite mineral in India

Apple

Leading producers of Pear, Peach, Plum & Apricot

University

Home to India's 1st agricultural university, GB Pant Agricultural University

Focus sectors Uttarakhand

Agro-based Industries

Four Agri Export Zones (AEZs) have been declared under the AEZ scheme of Government of India in Uttarakhand for litchi, floriculture, herbs and medicinal plants and Basmati rice.

A Mega Food Park has been set up in Haridwar under Mega Food Park scheme of the Ministry of Food Processing Industries (MoFPI) and another one is coming up in Udham Singh Nagar district.

Focus sectors Uttarakhand

IT and ITeS

Uttarakhand has well-developed Integrated Industrial Estates (IIEs), IT Parks, and growth centers in easily accessible regions including Haridwar, Pant Nagar and Dehradun.

With the establishment of the Software Technology Parks of India (STPI) earth station and other planned stations in Dehradun, Uttarakhand offers high-speed connectivity.

Focus sectors Uttarakhand

Pharmaceuticals and Aromatic Plants

Uttarakhand has three major pharmaceutical clusters with over 300 units having expertise to manufacture an entire spectrum of pharmaceutical products. More than 200 unique plants with medicinal properties are found in State

Uttarakhand is the only state which promotes aromatic crops in organized manner with the result of 109 clusters covering an area of more than 7200 ha under aromatic crops

Tourism in Uttarakhand

Tourism

More than 20 Mn tourists visited Uttarakhand during 2021

The presence of several hill stations, wildlife parks, pilgrimage places and trekking routes make Uttarakhand an attractive tourist destination. Government of Uttarakhand is considering development of spiritual and religious theme-based circuits for tourism. Under the Swadesh Darshan scheme of the central government, the state is a site for eco-tourism.

Ayush

AYUSH and Wellness

Uttarakhand is upcoming “Wellness and AYUSH” haven of India. There are 546 Ayurvedic and Unani Clinics in the state.

Export of AYUSH and Herbal Products from the State of Uttarakhand valued $3.81 mn in 2020-21. The state launched its own ‘AYUSH Policy’ for aiding investors and is also planning to promote ‘AYUSH Gram’- a concept of a place where a patient can live peacefully taking holistic treatment like Ayurveda, Panchkarma, Yoga and Naturopathy and eating organic food products.

30.2

Urbanisation Rate

Females/ 1000 Males
963

Female/Male Ratio

Male/Female Ratio

Demographics

Over 61% of Uttarakhand's population is in the working age group of 15-59 years.

Uttarakhand ranks 18th in terms of population amongst all Indian states and is home to about 1% of the country's total population. The state's population of 10.1 mn is equivalent to the population of Portugal. 

The state ranks 3rd in literacy rate by NSO data.

Industrial Land Bank Portal

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

Data On Map

  • Uttarakhand Investment

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