Uttarakhand: Third highest hydro-power potential in India
Formed in November 2000, Uttarakhand is a relatively new state. Largely a hilly topography, the state shares its international borders with China in the north and Nepal in the east. The state is rich in water and forest resources. Forest area covers about 68% of the state's area and generated revenue of over USD 64 mn during 2014-15. Uttarakhand has nearly 272 large and 49, 000 micro, small and medium enterprises with an investment of over USD 7 bn, providing direct employment to more than 350,000 people. The state currently produces about 2450 MW of hydropower and has a potential to generate 25,000 MW of hydropower. The state is well connected with major cities in the country through two domestic airports in Dehradun and Pant Nagar.
Key upcoming industrial projects:
- Integrated industrial estate IT Park, spread across 24 ha. in Dehradun, with intelligent buildings and high-tech habitat centre
- Integrated industrial estate in Pantnagar, spread over more than 1350 ha
- Smart Cities Mission, for which Dehradun is the city identified in Uttarakhand
Upcoming industrial corridor:
- Amritsar-Kolkata industrial corridor, passing through 7 states including Uttarakhand, with Prag-Khurpia farms to be the tentative site for integrated manufacturing clusters in the state
Highlights
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Third largest producer of apples in India -
Second largest producer of magnesite in India -
Home to India's first agricultural university
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- GSDP (Current price)
USD 29 bn (2016-17)
- GSDP growth rate (YoY)
11% (2016-17)
- Per capita income
USD 2,397 (2016-17)
- Share of renewable in energy
70%
Demographics
About 60% of the total population of Uttarakhand lies in the working age group of 15-59 years.
Uttarakhand ranks 20th in terms of population among all Indian states, and constitutes about 1% of the country's total population.
Total population of Uttarakhand is 10.1 mn, which is equivalent to the population of Portugal.
Smart city identified in Uttarakhand is Dehradun.
- 30%
Urbanisation rate
- 963
females/ 1000 males
Skilled manpower
- Central universities
1
- State universities
10
- Private universities
9
- Agricultural universities
1
- Engineering colleges
93
- Industrial training institutes
115
Key Sectors
Four Agri Export Zones (AEZs) have been declared under the AEZ scheme of Government of India 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.
The exports of IT products from the state grew at a CAGR of 7.4% during 2009-15 to reach USD 350 mn in 2015. With the establishment of the Software Technology Parks of India (STPI) earth station and other planned stations in Dehradun, Uttarakhand offers high speed connectivity.
Uttarakhand has three major pharmaceutical clusters with over 300 units having expertise to manufacture an entire spectrum of pharmaceutical products. Aromatic plants grown in the state such as lemon grass, citronella, palmarosa, chamomilla, naramotha, Japanese mint and khuas are used extensively in the cosmetics industry.
Uttarakhand tourism policy was launched in 2016, with an aim to develop the state’s image as a safe, secure and friendly destination for tourists. In 2015-16, more than 1 mn international tourists visited the state. The state government promotes village tourism to support livelihood of people living in villages and recently organised a 7-day international Yoga festival to promote cultural tourism.
Major Investors
