The compendium aims to showcase the vast growth potential of the northern region and the plethora of opportunities available to attract sizable investments in different sectors ranging from agro …
The compendium aims to showcase the vast growth potential of the northern region and the plethora of opportunities available to attract sizable investments in different sectors ranging from agro processing, infrastructure, tourism, IT & ITeS to Biotechnology. Together these states/UT contribute nearly 26 percent to the national Gross Domestic Product (GDP). Further, the region contributes nearly 32 percent to the country’s agriculture sector, 31 percent of the total geographical area and houses nearly 31 percent of the total population. This accompanied with rising income levels and facilitative government measures has further added to the attractiveness of the region.
In the past, though the region fell behind the western region in attracting foreign direct investment, pro-active government support in terms of incentives and dialogues with investors, development of infrastructure especially in power and roads and availability of educated professionals and skilled labour is expected to go a long way in attracting long-term investment inflow.
The CII-KPMG report was released at the Second Edition of Invest North: A Conclave to Showcase Investment Opportunities in Northern States organized by CII on 26-27 August 2013 at New Delhi.