Located at the foothills of the Himalayan ranges, it is largely a hilly state with associated economic opportunities.
International boundaries with China and Nepal.
+54,047 handicraft units operational in the state.
Hub of prestigious educational/training institutions.
Preferred destination for precision manufacturing.
US$25.36 bn GSDP recorded during 2019-20.
US$ 710mn FDI inflows between April 2000 to June 2020
Home to the Char Dham, the four sacred and revered Hindu pilgrimage destinations, drawing millions of tourists each year.
of the state’s geographical area is covered by forests. This has brought opportunities related to forestry and processing sectors.
of hydropower potential owing to favourable topography. The state currently produces about 1,850 MW hydropower.
MSMEs and nearly 272 large enterprises provide direct employment to over 350,000 people in the state, powering the economy.
The state derives a chunk of its income from horticulture, especially apples, oranges and nuts, as well as floriculture.
The state is rich in mineral deposits like limestone, marble, rock phosphate, dolomite, magnesite, copper, gypsum, etc.
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Here are the leading sectors with opportunities for foreign investors
TATA Motors has set up a plant in Uttarakhand for manufacturing its mini-truck.
Hindustan Unilever has installed a factory at Haridwar, with an investment of US$28.5m.
HCL has its manufacturing facility at Rudrapur in the SIDCUL Industrial Estate.
French company Technique Solaire is building a solar plant in a village in Haridwar district.
Mirc Electronics, the owner of Onida, runs a manufacturing facility at Roorkee, Uttarakhand.
Integrated IT Park, spread across 24 ha in Dehradun, with smart infrastructure.
Integrated industrial estate in Pantnagar, spread over more than 1,350 ha.
Dehradun is the city identified in Uttarakhand for development under the SCM project.
Amritsar Kolkata Industrial Corridor passes through Uttarakhand, with Prag-Khurpia farms set to be the tentative site for integrated manufacturing clusters in the state.
Jagjeetpur is to be the site of 68 MLD Sewage Treatment Plant and the upgrading of a 27 MLD plant. An 18 MLD Sewage Treatment Plant is to be constructed in Sarai, among other projects. .
India has a well-oiled enterprise promoting machinery that is backed by strong legislative, judiciary, executive, and capital establishments