Himachal Pradesh has a strong physical infrastructure with a focus on roads, electricity, and telecommunications:
- The state has over 2,642 km of national highways connecting it to other parts of India.
- All villages in the state have been electrified, with a total installed power capacity of 4,049 MW as of December 2018.
- Telecom infrastructure is also well-developed, with the state having over 10 million wireless subscribers and 4.6 million internet subscribers as of November and September 2018, respectively.
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has seen strong economic growth in recent years, with its per capita GSDP estimated at Rs 186,777.57 (US$ 2,898.02) in 2017-18.
- The state has a diverse economy supported by industries like tourism, agriculture, and hydroelectric power. It accounted for 12.66% of India's total hydro power potential in 2017-18.
- The document discusses sectors like horticulture and handicrafts that contribute to the state's economy. It also provides statistics on GSDP, NSDP, sectoral composition and
Himachal Pradesh has seen strong economic growth, with its GSDP reaching $18.67 billion in 2016-17. The state is a tourist paradise and its emphasis on agriculture has increased productivity. With significant hydroelectric potential, it is emerging as India's hydro-power hub and has a rich cultural heritage of handicrafts.
Himachal Pradesh has seen strong economic growth, with its GSDP reaching Rs. 1.25 trillion (US$18.67 billion) in 2016-17. The state is a tourist paradise known for its natural beauty, with over 19 million tourists visiting in 2017. Agriculture is a key sector and the government is working to increase productivity. Himachal Pradesh also has significant hydroelectric power potential due to its rivers and has fully electrified all villages. The state has a rich cultural heritage evident in its handicrafts industry.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economy growing at 6.3% annually with a per capita income of $2,692. It has a literacy rate of 82.8%.
- The state is a tourism paradise known for its natural beauty, receiving over 19 million visitors annually. It also has significant hydroelectric potential.
- Agriculture is important to the economy, with wheat and vegetables being key crops. The government is focusing on improving productivity.
- Other sectors discussed include infrastructure development, business opportunities, and the state's policies and acts.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate and is a popular tourist destination known for its natural beauty.
- Agriculture is a major economic driver and the government is increasing productivity. Hydroelectric power is also important.
- The state has a rich cultural heritage evident in its handicrafts industry. It has strong potential in sectors like hydropower, horticulture, and tourism.
Himachal Pradesh has seen strong economic growth, with its GSDP growing at a CAGR of 11.48% between 2011-12 and 2016-17. The state's economy is driven by tourism, agriculture and hydroelectric power. It witnessed 19.6 million tourist visits in 2017. Agricultural productivity has increased, with wheat production at 650 thousand metric tonnes in 2016-17. Himachal Pradesh has a hydro power potential of 18,820 MW, of which 9,755 MW has been harnessed so far. The state is also known for its heritage handicrafts industry.
The document provides an overview of the Indian state of Himachal Pradesh through its annual budget for 2016-17 and other economic and statistical data. Some key points:
- The total budget proposed for 2016-17 is US$4.979 billion. Major allocations are to education (US$918.57 million), health (US$258.02 million), and power (US$176.29 million).
- The state GDP growth rate in 2015-16 was 7.7%, compared to the national GDP growth of 7.6%.
- In 2015-16, the tertiary sector accounted for 46.01% of the state's GSDP, followed by the secondary (35.
- Himachal Pradesh has a GDP of $19.44 billion and per capita GDP of $2,692 in 2016-17, growing at a CAGR of 11.48% and 10.48% respectively.
- The tertiary sector contributes the most to the state economy at 44.02% of GSDP in 2016-17, followed by the secondary sector at 41.14% and primary sector at 14.84%.
- The 2017-18 budget for Himachal Pradesh is $5.55 billion, with the largest allocations to education ($962.94 million), health ($266.96 million), and agriculture ($75.12 million).
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has seen strong economic growth in recent years, with its per capita GSDP estimated at Rs 186,777.57 (US$ 2,898.02) in 2017-18.
- The state has a diverse economy supported by industries like tourism, agriculture, and hydroelectric power. It accounted for 12.66% of India's total hydro power potential in 2017-18.
- The document discusses sectors like horticulture and handicrafts that contribute to the state's economy. It also provides statistics on GSDP, NSDP, sectoral composition and
Himachal Pradesh has seen strong economic growth, with its GSDP reaching $18.67 billion in 2016-17. The state is a tourist paradise and its emphasis on agriculture has increased productivity. With significant hydroelectric potential, it is emerging as India's hydro-power hub and has a rich cultural heritage of handicrafts.
Himachal Pradesh has seen strong economic growth, with its GSDP reaching Rs. 1.25 trillion (US$18.67 billion) in 2016-17. The state is a tourist paradise known for its natural beauty, with over 19 million tourists visiting in 2017. Agriculture is a key sector and the government is working to increase productivity. Himachal Pradesh also has significant hydroelectric power potential due to its rivers and has fully electrified all villages. The state has a rich cultural heritage evident in its handicrafts industry.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economy growing at 6.3% annually with a per capita income of $2,692. It has a literacy rate of 82.8%.
- The state is a tourism paradise known for its natural beauty, receiving over 19 million visitors annually. It also has significant hydroelectric potential.
- Agriculture is important to the economy, with wheat and vegetables being key crops. The government is focusing on improving productivity.
- Other sectors discussed include infrastructure development, business opportunities, and the state's policies and acts.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate and is a popular tourist destination known for its natural beauty.
- Agriculture is a major economic driver and the government is increasing productivity. Hydroelectric power is also important.
- The state has a rich cultural heritage evident in its handicrafts industry. It has strong potential in sectors like hydropower, horticulture, and tourism.
Himachal Pradesh has seen strong economic growth, with its GSDP growing at a CAGR of 11.48% between 2011-12 and 2016-17. The state's economy is driven by tourism, agriculture and hydroelectric power. It witnessed 19.6 million tourist visits in 2017. Agricultural productivity has increased, with wheat production at 650 thousand metric tonnes in 2016-17. Himachal Pradesh has a hydro power potential of 18,820 MW, of which 9,755 MW has been harnessed so far. The state is also known for its heritage handicrafts industry.
The document provides an overview of the Indian state of Himachal Pradesh through its annual budget for 2016-17 and other economic and statistical data. Some key points:
- The total budget proposed for 2016-17 is US$4.979 billion. Major allocations are to education (US$918.57 million), health (US$258.02 million), and power (US$176.29 million).
- The state GDP growth rate in 2015-16 was 7.7%, compared to the national GDP growth of 7.6%.
- In 2015-16, the tertiary sector accounted for 46.01% of the state's GSDP, followed by the secondary (35.
- Himachal Pradesh has a GDP of $19.44 billion and per capita GDP of $2,692 in 2016-17, growing at a CAGR of 11.48% and 10.48% respectively.
- The tertiary sector contributes the most to the state economy at 44.02% of GSDP in 2016-17, followed by the secondary sector at 41.14% and primary sector at 14.84%.
- The 2017-18 budget for Himachal Pradesh is $5.55 billion, with the largest allocations to education ($962.94 million), health ($266.96 million), and agriculture ($75.12 million).
Himachal Pradesh has a strong economic growth rate and high literacy rate. The state is a popular tourist destination known for its natural beauty and diverse topography. It has significant hydroelectric power potential and accounts for 12.66% of India's total potential. Agriculture is also important to the state's economy. The state budget for 2017-18 allocates the most funds to education, with other priority sectors being health, power, and agriculture.
- Himachal Pradesh has a proposed budget of US$ 5.55 billion for 2017-18 with focus on sectors like animal husbandry, ayurveda, and rural development.
- Agriculture is a major contributor to the state's economy, accounting for around 45% of the net state domestic product. The production of crops like wheat and vegetables has increased.
- The state attracted US$ 1.371 billion in foreign direct investment equity inflows between April 2000 to June 2017, according to the Department of Industrial Policy and Promotion.
The document provides information on the 2016-17 budget for Himachal Pradesh. Some key points:
- The total budget proposed was US$4.979 billion. The largest allocations were to education (US$918.57 million), health and medical education (US$258.02 million), and MPP & power (US$176.29 million).
- The state planned an annual plan of US$794.37 million, with portions allocated to scheduled castes, tribes, and backward areas.
- Funds were provided for various agriculture schemes, online citizen services, health, education and infrastructure projects like roads. The budget aimed to boost the state's economy and support key sectors.
- West Bengal had a gross state domestic product of $140.56 billion in 2016-17, growing at a CAGR of 10.42% during 2005-16.
- West Bengal is the 2nd largest producer of potato in India, accounting for 25.06% of the country's output. Potato production was 11 million tonnes in 2016-17.
- 8 IT parks are currently operating in West Bengal, with 7 new ones expected to start operations in the next 5 years, positioning Kolkata as the next IT hub.
Himachal Pradesh has made tremendous progress among all hilly states in the past few decades. The economy of the state depends primarily on agriculture. However, the shift has been witnessed over the years from the primary towards the secondary and tertiary sectors.
The document provides information on the 2016-17 budget for the Indian state of Himachal Pradesh. Some key highlights include:
- The total budget proposed is US$4.979 billion. Major allocations are to education (US$918.57 million), health (US$258.02 million), and power (US$176.29 million).
- The state GDP growth rate for 2015-16 was 7.7%, compared to the national GDP growth of 7.6%.
- Key schemes funded include Mukhya Mantri Khet Sanrakshan Yojna for farm protection (US$3.81 million) and Uttam Chara Utpadan yojna for agriculture
Haryana has emerged as a leading manufacturing hub in India, home to major automobile companies. The state aims to further develop its infrastructure, tourism, and agriculture sectors by 2018. With a GDP growth rate of 12.96% between 2011-2017, Haryana contributes 3.63% to India's GDP. The state enjoys policy support and a skilled workforce that have attracted investments in sectors such as automobiles, IT, and food processing.
Haryana is known as the "Bread Basket of India" due to its large production of food grains. Some key points:
- Agriculture is a major contributor to the state's economy, with wheat and rice being key crops. Haryana is the second largest contributor of food grains to India.
- The industrial and services sectors are also important, with Haryana emerging as a manufacturing hub, especially for automobiles. It is a preferred destination for companies in sectors like IT and biotechnology.
- The state government is focused on further developing infrastructure like roads, power, and industrial parks to promote business. The budget allocates funds for agriculture, education, and welfare programs.
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Haryana is a leading state in India for manufacturing and agriculture. It has emerged as a major industrial hub, especially for automobile and auto components. The state accounts for a large share of India's production of food grains, sugarcane, and basmati rice. Haryana has witnessed strong economic growth in recent years, with its GSDP expanding at a CAGR of 12.96% between FY12-FY17. The services sector is the largest contributor to the state's economy. The state government is focused on further improving infrastructure and ease of doing business to attract more investment and boost growth.
Punjab is focused on increasing renewable energy generation and has emerged as a key textiles hub. It has strong agriculture production, particularly of rice, maize, sugarcane and barley. Punjab has the best infrastructure facilities in India, including roads, railways, airports and other connectivity. The state government is promoting industries and improving agriculture through various policies and incentives.
Rajasthan has a thriving tourism industry centered around its historic palaces. It is a leading producer of agricultural products and crude oil. The state has focused on renewable energy and provides a conducive policy environment for business. Rajasthan's economy has grown strongly, with services becoming the largest sector, and the state continues to invest in agriculture, infrastructure, and social development.
The document provides information on the state of Haryana in India. It highlights that Haryana has a strong economy, growing at a CAGR of 12.12% between 2004-2016. The state is a leading manufacturing hub and food producer. Key sectors driving growth include automobiles, IT, agriculture and food processing. The state government has focused on developing infrastructure like roads, airports and industrial parks to promote business. Haryana also has skilled labor force and the government is establishing educational institutions to develop talent.
Punjab has emerged as a key textiles hub and agricultural producer in India. The state contributes 2.72% to India's total GDP. Punjab's economy has grown at a CAGR of 9.97% between 2011-12 to 2018-19, with services becoming the largest sector. The state is focusing on renewable energy and attracting investments in sectors like textiles, agriculture, automotive and IT.
Haryana is a leading state in India with a strong economy. Some key points:
- Agriculture is a major contributor to the state's economy, with wheat and rice as top crops. Haryana is known as the "bread basket of India".
- The industrial and service sectors are also strong, with major companies in automotive and IT. Gurgaon and other cities host many national and multinational firms.
- The state government is focused on further developing infrastructure like roads, airports and industrial parks to promote business opportunities in sectors like manufacturing and tourism.
- Haryana has seen strong economic growth in recent years, with the GDP and per capita income rising at compound annual growth rates of over
Punjab is a state in northern India known as the "land of five rivers". The document provides an overview of Punjab's economy and key sectors. It highlights that Punjab has a strong agriculture sector as the largest producer of wheat and rice in India. The industrial sector is also growing, with textiles emerging as a key hub and the state offering various incentives. Punjab has good infrastructure including transportation and aims to further develop renewable energy sources.
Punjab is focusing on renewable energy sources with a target capacity of 5,400 MW by 2022. The state is a textile hub and a major producer of crops like rice, sugarcane, and wheat. Punjab has the best infrastructure in India including roads, railways, airports. The state government is working to improve education, healthcare, transport and encourage investment in industries.
The document provides information about the state of Rajasthan in India. Some key points:
- Rajasthan has a thriving tourism industry centered around historic palaces and forts, as well as wildlife sanctuaries and desert locations.
- It is a leading producer of agricultural products like oilseeds, spices and cereals. There are opportunities in organic farming and infrastructure development related to agriculture.
- The state's economy has grown steadily with GDP expanding at an average rate of 5.16% from 2011-12 to 2016-17. Renewable energy such as solar and wind are a focus.
Haryana is a leading state in India with a strong economy. It has emerged as a manufacturing hub and is home to major automobile companies. The state has invested heavily in infrastructure like special economic zones and industrial corridors. Haryana enjoys a location advantage due to its proximity to New Delhi and accounts for a significant portion of India's software exports. It is also a major producer of food grains for India. The state aims to further develop sectors like tourism, housing and agriculture through various policies and initiatives.
Rajasthan has a thriving tourism industry centered around its historic palaces. It is also a leading producer of agricultural products. The state has experienced strong economic growth, with its GDP expanding at a CAGR of 12.32% from 2005-06 to 2015-16. Rajasthan has immense potential for renewable energy generation, particularly solar and wind power. The state offers a conducive policy environment for business and is focusing on attracting large investments.
Haryana is a state located in northern India that has emerged as a major business and industrial hub. It has a Gross State Domestic Product of $84.96 billion and is a leading producer of food grains and home to major automobile companies. The state government is focusing on developing infrastructure through projects like special economic zones, industrial parks, and improving connectivity. Haryana also aims to boost sectors like tourism, agriculture, and renewable energy to achieve its vision of being a progressive and prosperous state.
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate, with its GSDP reaching Rs. 1.52 trillion (US$21.04 billion) in 2018-19 growing at 11.09% annually.
- The state has a diverse economy with key sectors being tourism, agriculture, and hydroelectric power. Agricultural production and tourism visitor numbers are increasing.
- Himachal Pradesh has a large hydroelectric power potential and is becoming a major hub for hydroelectricity in India, though only around 40% of its potential has been harnessed so far.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economy growing at 6.3% annually with a per capita GSDP of Rs. 173,469 (US$ 2,585.61) in 2016-17.
- The state has a literacy rate of 82.8%, higher than the national average of 73%. Tourism is a major industry with 19.6 million visitors in 2017.
- Hydroelectric power is an important sector as the state has 18,820 MW of potential from its rivers, of which 9,755 MW has been harnessed so far.
- Agriculture, handicrafts, and
Himachal Pradesh has a strong economic growth rate and high literacy rate. The state is a popular tourist destination known for its natural beauty and diverse topography. It has significant hydroelectric power potential and accounts for 12.66% of India's total potential. Agriculture is also important to the state's economy. The state budget for 2017-18 allocates the most funds to education, with other priority sectors being health, power, and agriculture.
- Himachal Pradesh has a proposed budget of US$ 5.55 billion for 2017-18 with focus on sectors like animal husbandry, ayurveda, and rural development.
- Agriculture is a major contributor to the state's economy, accounting for around 45% of the net state domestic product. The production of crops like wheat and vegetables has increased.
- The state attracted US$ 1.371 billion in foreign direct investment equity inflows between April 2000 to June 2017, according to the Department of Industrial Policy and Promotion.
The document provides information on the 2016-17 budget for Himachal Pradesh. Some key points:
- The total budget proposed was US$4.979 billion. The largest allocations were to education (US$918.57 million), health and medical education (US$258.02 million), and MPP & power (US$176.29 million).
- The state planned an annual plan of US$794.37 million, with portions allocated to scheduled castes, tribes, and backward areas.
- Funds were provided for various agriculture schemes, online citizen services, health, education and infrastructure projects like roads. The budget aimed to boost the state's economy and support key sectors.
- West Bengal had a gross state domestic product of $140.56 billion in 2016-17, growing at a CAGR of 10.42% during 2005-16.
- West Bengal is the 2nd largest producer of potato in India, accounting for 25.06% of the country's output. Potato production was 11 million tonnes in 2016-17.
- 8 IT parks are currently operating in West Bengal, with 7 new ones expected to start operations in the next 5 years, positioning Kolkata as the next IT hub.
Himachal Pradesh has made tremendous progress among all hilly states in the past few decades. The economy of the state depends primarily on agriculture. However, the shift has been witnessed over the years from the primary towards the secondary and tertiary sectors.
The document provides information on the 2016-17 budget for the Indian state of Himachal Pradesh. Some key highlights include:
- The total budget proposed is US$4.979 billion. Major allocations are to education (US$918.57 million), health (US$258.02 million), and power (US$176.29 million).
- The state GDP growth rate for 2015-16 was 7.7%, compared to the national GDP growth of 7.6%.
- Key schemes funded include Mukhya Mantri Khet Sanrakshan Yojna for farm protection (US$3.81 million) and Uttam Chara Utpadan yojna for agriculture
Haryana has emerged as a leading manufacturing hub in India, home to major automobile companies. The state aims to further develop its infrastructure, tourism, and agriculture sectors by 2018. With a GDP growth rate of 12.96% between 2011-2017, Haryana contributes 3.63% to India's GDP. The state enjoys policy support and a skilled workforce that have attracted investments in sectors such as automobiles, IT, and food processing.
Haryana is known as the "Bread Basket of India" due to its large production of food grains. Some key points:
- Agriculture is a major contributor to the state's economy, with wheat and rice being key crops. Haryana is the second largest contributor of food grains to India.
- The industrial and services sectors are also important, with Haryana emerging as a manufacturing hub, especially for automobiles. It is a preferred destination for companies in sectors like IT and biotechnology.
- The state government is focused on further developing infrastructure like roads, power, and industrial parks to promote business. The budget allocates funds for agriculture, education, and welfare programs.
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Haryana is a leading state in India for manufacturing and agriculture. It has emerged as a major industrial hub, especially for automobile and auto components. The state accounts for a large share of India's production of food grains, sugarcane, and basmati rice. Haryana has witnessed strong economic growth in recent years, with its GSDP expanding at a CAGR of 12.96% between FY12-FY17. The services sector is the largest contributor to the state's economy. The state government is focused on further improving infrastructure and ease of doing business to attract more investment and boost growth.
Punjab is focused on increasing renewable energy generation and has emerged as a key textiles hub. It has strong agriculture production, particularly of rice, maize, sugarcane and barley. Punjab has the best infrastructure facilities in India, including roads, railways, airports and other connectivity. The state government is promoting industries and improving agriculture through various policies and incentives.
Rajasthan has a thriving tourism industry centered around its historic palaces. It is a leading producer of agricultural products and crude oil. The state has focused on renewable energy and provides a conducive policy environment for business. Rajasthan's economy has grown strongly, with services becoming the largest sector, and the state continues to invest in agriculture, infrastructure, and social development.
The document provides information on the state of Haryana in India. It highlights that Haryana has a strong economy, growing at a CAGR of 12.12% between 2004-2016. The state is a leading manufacturing hub and food producer. Key sectors driving growth include automobiles, IT, agriculture and food processing. The state government has focused on developing infrastructure like roads, airports and industrial parks to promote business. Haryana also has skilled labor force and the government is establishing educational institutions to develop talent.
Punjab has emerged as a key textiles hub and agricultural producer in India. The state contributes 2.72% to India's total GDP. Punjab's economy has grown at a CAGR of 9.97% between 2011-12 to 2018-19, with services becoming the largest sector. The state is focusing on renewable energy and attracting investments in sectors like textiles, agriculture, automotive and IT.
Haryana is a leading state in India with a strong economy. Some key points:
- Agriculture is a major contributor to the state's economy, with wheat and rice as top crops. Haryana is known as the "bread basket of India".
- The industrial and service sectors are also strong, with major companies in automotive and IT. Gurgaon and other cities host many national and multinational firms.
- The state government is focused on further developing infrastructure like roads, airports and industrial parks to promote business opportunities in sectors like manufacturing and tourism.
- Haryana has seen strong economic growth in recent years, with the GDP and per capita income rising at compound annual growth rates of over
Punjab is a state in northern India known as the "land of five rivers". The document provides an overview of Punjab's economy and key sectors. It highlights that Punjab has a strong agriculture sector as the largest producer of wheat and rice in India. The industrial sector is also growing, with textiles emerging as a key hub and the state offering various incentives. Punjab has good infrastructure including transportation and aims to further develop renewable energy sources.
Punjab is focusing on renewable energy sources with a target capacity of 5,400 MW by 2022. The state is a textile hub and a major producer of crops like rice, sugarcane, and wheat. Punjab has the best infrastructure in India including roads, railways, airports. The state government is working to improve education, healthcare, transport and encourage investment in industries.
The document provides information about the state of Rajasthan in India. Some key points:
- Rajasthan has a thriving tourism industry centered around historic palaces and forts, as well as wildlife sanctuaries and desert locations.
- It is a leading producer of agricultural products like oilseeds, spices and cereals. There are opportunities in organic farming and infrastructure development related to agriculture.
- The state's economy has grown steadily with GDP expanding at an average rate of 5.16% from 2011-12 to 2016-17. Renewable energy such as solar and wind are a focus.
Haryana is a leading state in India with a strong economy. It has emerged as a manufacturing hub and is home to major automobile companies. The state has invested heavily in infrastructure like special economic zones and industrial corridors. Haryana enjoys a location advantage due to its proximity to New Delhi and accounts for a significant portion of India's software exports. It is also a major producer of food grains for India. The state aims to further develop sectors like tourism, housing and agriculture through various policies and initiatives.
Rajasthan has a thriving tourism industry centered around its historic palaces. It is also a leading producer of agricultural products. The state has experienced strong economic growth, with its GDP expanding at a CAGR of 12.32% from 2005-06 to 2015-16. Rajasthan has immense potential for renewable energy generation, particularly solar and wind power. The state offers a conducive policy environment for business and is focusing on attracting large investments.
Haryana is a state located in northern India that has emerged as a major business and industrial hub. It has a Gross State Domestic Product of $84.96 billion and is a leading producer of food grains and home to major automobile companies. The state government is focusing on developing infrastructure through projects like special economic zones, industrial parks, and improving connectivity. Haryana also aims to boost sectors like tourism, agriculture, and renewable energy to achieve its vision of being a progressive and prosperous state.
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate, with its GSDP reaching Rs. 1.52 trillion (US$21.04 billion) in 2018-19 growing at 11.09% annually.
- The state has a diverse economy with key sectors being tourism, agriculture, and hydroelectric power. Agricultural production and tourism visitor numbers are increasing.
- Himachal Pradesh has a large hydroelectric power potential and is becoming a major hub for hydroelectricity in India, though only around 40% of its potential has been harnessed so far.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economy growing at 6.3% annually with a per capita GSDP of Rs. 173,469 (US$ 2,585.61) in 2016-17.
- The state has a literacy rate of 82.8%, higher than the national average of 73%. Tourism is a major industry with 19.6 million visitors in 2017.
- Hydroelectric power is an important sector as the state has 18,820 MW of potential from its rivers, of which 9,755 MW has been harnessed so far.
- Agriculture, handicrafts, and
- The document provides information on the state of Himachal Pradesh, including its budget for 2016-17, key sectors of the economy, and recent economic trends.
- The budget for 2016-17 for Himachal Pradesh is proposed to be US$4,979 million, with major allocations to sectors like education, health, agriculture, and power.
- The state has seen strong economic growth in recent years, with its GSDP growing at a CAGR of 10.8% between 2004-05 and 2015-16, driven by sectors like tourism, hydropower, and agriculture.
Rajasthan has a strong agricultural base and is a leading producer of crops and spices. The state budget allocates significant funds for agriculture and irrigation projects. Rajasthan produces over 22 million tons of foodgrains annually, including wheat, rice and pulses. Cash crops like cotton are also important to the state's economy. The services sector is a major contributor to Rajasthan's GSDP and has grown at a faster rate than other sectors in recent years. Tourism is a thriving industry in the state, with over 47 million visitors in 2017. Rajasthan offers business opportunities across sectors and maintains a conducive policy environment.
Rajasthan has a thriving tourism industry centered around its historic palaces. It is a leading producer of agricultural products in India. The state has focused on renewable energy and seen strong economic growth with its GSDP expanding at a CAGR of 11.6% from 2011-12 to 2017-18. Rajasthan also has a conducive policy environment and is one of India's largest crude oil producers.
The document provides an overview of the Indian state of Haryana. Some key points:
- Haryana has experienced strong economic growth in recent years, with its GDP growing at an average of 11.79% annually between 2005-2016.
- It is a leading manufacturing hub and food producer, home to major automobile companies and accounting for over 60% of India's basmati rice exports.
- The state aims to further develop infrastructure like roads and power, promote sectors like IT and tourism, and provide support to small businesses and vulnerable populations through its "Vision 2018" plan.
- Haryana has a literate population of over 25 million and is focused on improving education and sports
The document summarizes the key points of Himachal Pradesh's budget for 2016-17. Some highlights include:
- The total budget proposed was US$4,979 million. Major allocations went to education (US$918.57 million), health and medical education (US$258.02 million), and MPP & power (US$176.29 million).
- An annual plan of US$794.37 million was proposed, with US$200.12 million for scheduled castes and US$71.49 million for tribal communities.
- The amount for the "Vidhayak Nidhi" program increased from US$0.11 million to US$0.15
Rajasthan has a thriving tourism industry centered around its historic palaces. It is a leading producer of agricultural products in India. The state has focused on renewable energy and seen strong economic growth with its GDP expanding at a CAGR of 11.6% from 2011-12 to 2017-18. Rajasthan also has a conducive policy environment and is one of India's largest crude oil producers.
The document provides an overview of the state of Haryana in India. Some key points:
- Haryana has a strong economy growing at 11.79% annually and is a leading manufacturing and food production hub in India.
- The state aims to further develop infrastructure, housing, tourism, education and support agriculture under its Vision 2018 plan.
- Haryana's GSDP in 2015-16 was US$75.3 billion with services, manufacturing, and agriculture being key industries.
The document provides information on the state budget of Himachal Pradesh for the 2016-17 fiscal year. Some key highlights include:
- The total budget proposed for 2016-17 is US$4,979 million. Major allocations include US$918.57 million for education and US$258.02 million for health and medical education.
- The state government has proposed an annual plan of US$794.37 million for 2016-17, with portions allocated for scheduled castes, tribes, and backward areas.
- Funds of US$32.08 million were allocated for the state food subsidy scheme. Additional allocations and schemes introduced include increasing MLA funds and launching a new crop protection program
- Himachal Pradesh has experienced strong economic growth with its GSDP growing at a CAGR of 10.51% between 2005-06 and 2015-16.
- The state has a high literacy rate of 82.8% and is a tourist paradise known for its natural beauty, receiving over 17 million tourists in 2015.
- Himachal Pradesh has significant hydroelectric power potential and was India's first fully electrified state with all villages receiving electricity as of March 2016.
The document provides information about the state of Rajasthan in India. Some key points:
- Rajasthan has a thriving tourism industry centered around historic palaces and forts, as well as wildlife sanctuaries and desert locations.
- It is a leading producer of agricultural products like oilseeds, spices and cereals. There are opportunities in organic farming and infrastructure development related to agriculture.
- The state's economy has grown steadily with GDP expanding at an average rate of 5.16% from 2011-12 to 2016-17. Renewable energy such as solar and wind are a focus.
Punjab has a strong economy driven by agriculture and textiles. The state's GSDP grew at a CAGR of 10.2% between 2011-12 and 2017-18 reaching Rs. 4.77 trillion, with tertiary sector contributing the most at 46.7%. Punjab is a leader in wheat and rice production in India and has emerged as a key textiles hub, with the sector attracting significant investments. The state focuses on renewable energy and aims to achieve 4,772 MW solar capacity by 2022. With good infrastructure, supportive policies and focus on key sectors, Punjab offers opportunities for economic growth.
The document provides an overview of the Indian state of Haryana. Some key points:
- Haryana has a strong economy growing at 11.79% CAGR from 2005-2016 and is a leading manufacturing and food production hub.
- The state aims to further develop infrastructure, housing, tourism, education and support agriculture under its State Vision 2018 plan.
- Haryana's GSDP in 2015-16 was US$ 75.3 billion with per capita GSDP of US$ 2,963. The tertiary sector contributes over 50% to the economy.
Punjab has a strong economy, with its GSDP reaching Rs. 4.77 trillion (US$ 74.09 billion) in 2017-18, growing at a CAGR of 10.2% between 2011-12 and 2017-18. The state's per capita GSDP and NSDP also grew at impressive rates of over 8% during the same period. Punjab has a diverse economy with key sectors including agriculture, textiles, automotive and auto components. The state aims to further diversify its economy and attract investments in sectors such as agro-based industries, IT & ITeS through various incentives and initiatives.
The document provides information about the Indian state of Haryana. It begins with an executive summary highlighting Haryana's strong economic growth, position as a leading manufacturing and food production hub, growing IT sector, and supportive infrastructure. Subsequent sections provide more details on Haryana's economy, industries, opportunities, policies and development goals. Key facts about Haryana's GDP, infrastructure, social indicators and investment climate are also presented.
Haryana is known as the "bread basket of India" due to its large production of wheat and other grains. The document provides an overview of Haryana's economy and business opportunities. It highlights that Haryana has a GDP of US$84.96 billion and is a leading manufacturing hub for automobiles and other industries. The state also has a highly developed infrastructure and offers various incentives for business. Key sectors of opportunity include IT, manufacturing, agriculture, and tourism.
Similar to Himachal Pradesh State Report - January2019 (17)
Tamil Nadu has a strong and growing economy, as evidenced by its GSDP which grew at a CAGR of 11.46% between 2011-12 and 2018-19, reaching Rs. 16.06 trillion (US$ 222.58 billion) in 2018-19. The state has a diversified industrial base and thriving services sector, especially in IT/ITeS. It also has robust infrastructure including roads, ports, airports, and an emphasis on further infrastructure development. With various initiatives like Vision 2023, Tamil Nadu aims to boost its economy and attract significant domestic and foreign investments over the coming years.
India has become the second largest steel producer in the world in 2018. Steel production and capacity in India have grown rapidly over the past decade, with capacity reaching 137.98 million tonnes in 2017-18. Consumption has also increased steadily, driven by growth in infrastructure, automotive, and other sectors. The government has implemented policies like the National Steel Policy to encourage further capacity growth to 300 million tonnes by 2030-31. Low per capita consumption compared to other countries also provides significant potential for further demand growth.
The document provides an overview of India's services sector, including:
1) The services sector contributes over 50% of India's GDP and grew at 12.75% in 2018-19, demonstrating its importance as the key driver of India's economic growth.
2) India has a large skilled workforce and is a global outsourcing hub, commanding a 55% share of the global sourcing market, which has helped establish the country as a leading provider of technology and digital services.
3) The government is working to further develop the services sector through initiatives like 'Startup India' and reforms that make India an attractive investment destination for both domestic and foreign investors.
The document provides an overview of the real estate sector in India. It discusses that the real estate sector is expected to reach $1 trillion by 2030 and contribute 13% of India's GDP by 2025. Rapid urbanization is driving demand for residential and commercial real estate space. The residential segment contributes around 80% of the sector currently. Government policies like Housing for All and Smart Cities are further boosting growth.
Rajasthan has experienced strong economic growth in recent years. Between 2011-12 and 2018-19, the state's Gross State Domestic Product grew at a compound annual growth rate of 11.37% to reach $128.1 billion. The tourism industry in Rajasthan is thriving, with over 47.5 million tourist arrivals in 2017, and the state is a leading producer of agro-based products. Rajasthan also has immense potential for renewable energy generation from solar and wind sources.
Indian Railways is the third largest rail network in the world by size. It saw strong revenue growth over the past decade, with freight accounting for over 65% of revenues in FY19. Freight and passenger traffic have both increased steadily in recent years. Various modernization initiatives are underway to upgrade infrastructure and technology. Private sector participation is being encouraged to augment rail connectivity and capacity.
India has the third largest installed power capacity in the world at 356.10 GW as of March 2019. It is the third largest producer and consumer of electricity globally. India has achieved 100% household electrification and aims to increase renewable energy capacity to 175 GW by 2022. Thermal energy accounts for over 63% of total installed capacity, while renewable sources account for 21.8%. The power sector in India is growing rapidly and offers many opportunities for investment and development.
Nagaland has a Gross State Domestic Product (GSDP) of around 0.24 trillion Indian rupees in 2017-18, growing at a CAGR of 11.83% between 2011-12 and 2017-19. The per capita GSDP in 2017-18 was 113,549 rupees, growing at a CAGR of 10.66% in the same period. Nagaland's Net State Domestic Product (NSDP) in 2016-17 was 0.19 trillion rupees, growing at 15.72% between 2011-12 and 2016-17. The per capita NSDP in 2016-17 was 90,168 rupees, growing at 12.
Meghalaya has the highest rainfall in India and diverse soil types that support agriculture. The state has strong potential in floriculture, bamboo processing, and medicinal plants due to its biodiversity. Meghalaya also has large hydroelectric power potential and abundant mineral resources. The state aims to promote industries like agro-processing, horticulture, minerals and tourism to create opportunities for its population.
- The Indian infrastructure sector is experiencing significant growth due to rising government investments and initiatives such as allocating Rs 4.56 lakh crore for infrastructure in the FY 2019-20 budget.
- Private sector participation is increasing across segments like roads, power and airports. Infrastructure sectors like power transmission and renewable energy will drive future investments.
- Improving connectivity through initiatives like Bharatmala Pariyojana and Sagarmala will boost infrastructure growth. 100% villages connectivity through roads is expected by 2019 under PMGSY.
The document provides an overview of the media and entertainment industry in India. Some of the key points from the document are:
- The Indian media and entertainment industry is growing rapidly at a CAGR of 12-13% and is expected to reach Rs. 3.73 lakh crore by 2022.
- Television is the largest segment with a market size of Rs. 740 billion in 2018, expected to reach Rs. 955 billion by 2021. Digital media, animation and VFX, and online gaming are among the fastest growing segments.
- Advantages for the industry in India include rising incomes, evolving lifestyles, a large young population, increasing digitization, and government support through
- The manufacturing sector is a major employer in India and aims to provide 25% of GDP and 100 million new jobs by 2022. It has grown at a CAGR of 4% between FY12-19 and contributes significantly to India's exports.
- The document discusses India's advantage in manufacturing including a large domestic market, favorable demographics, and government initiatives like Make in India. Key sub-sectors, growth drivers and the evolution of the sector are also outlined.
- Recent trends show growth in production, IIP, capacity utilization and exports, indicating the sector is expanding. The government has implemented various policies to develop manufacturing and make India a global hub.
Manipur has a flourishing bamboo processing industry as it is one of India's largest bamboo producing states. It also has a strong handicrafts industry, being home to the highest number of handicraft units and artisans in North East India. Handlooms is the largest cottage industry in Manipur. The state has strong potential for border trade opportunities through Moreh town, which is India's only land route for trade with Myanmar and Southeast Asia. Manipur is also home to the Ema Bazaar, one of India's largest markets run exclusively by women. Due to its natural beauty and biodiversity, Manipur is a popular tourist destination known as the "Switzerland of the East".
Gujarat has experienced high economic growth rates in recent years.
- Gujarat's GSDP grew at a CAGR of 13.55% from 2011-12 to 2016-17, reaching Rs. 11.62 trillion (US$ 173.24 billion) in 2016-17.
- The state's per capita GSDP increased from Rs. 101,075 (US$ 2,108) in 2011-12 to Rs. 178,043 (US$ 2,654) in 2016-17, registering a CAGR of 11.99%.
The document provides an overview of India's gems and jewellery sector. Some key points:
- India is a major player in global gems and jewellery trade, contributing about 7% to India's GDP and employing over 4.6 million people.
- India is the world's largest cut and polished diamond exporter, exporting over 75% of global polished diamonds. It also processes over $23 billion worth of diamonds annually.
- Exports of cut and polished diamonds and gold jewellery have registered steady growth in recent years. Imports have also increased at a CAGR of nearly 8% between 2004-2018.
- The sector is adopting strategies like expanding retail networks, providing financing options
The engineering and capital goods industry in India is growing rapidly. The turnover of the capital goods industry reached $70 billion in 2017 and is forecasted to reach $115.17 billion by 2025. Electrical equipment production is also growing and is expected to reach $100 billion by 2022, up from $27.3 billion in 2017-18. The engineering research and design segment is also expanding, with revenues projected to increase from $28 billion in FY18 to $42 billion in FY22. Growth is being driven by increasing industrialization, infrastructure development, and capacity expansion across various core sectors in India.
Major e-commerce players in India have adopted strategies like expanding into new categories like groceries and used goods, acquiring analytics startups to improve pricing and positioning, and launching ancillary services like payments, logistics and video streaming. They have also introduced subscription models and personalized experiences to provide extra benefits and tailor their offerings to individual customer needs and interests.
Delhi has experienced strong economic growth, with its gross state domestic product increasing at a compound annual growth rate of 12.41% between 2011-12 and 2018-19. The real estate sector has been an important contributor to the state's economy. Delhi also has a growing tourism industry, owing to its historical and cultural attractions. The state government is working to improve infrastructure and implement policies to facilitate industrial development and attract investment across various sectors.
Chhattisgarh has a strong mineral production base and is a leading producer of coal and iron ore in India. It is the only state that produces tin concentrates. The state has emerged as a preferred investment destination and has witnessed strong growth in the agriculture sector. Key sectors driving growth include minerals, power, agriculture and tourism. Chhattisgarh aims to further develop its infrastructure, promote industries and boost skill development to achieve its vision of becoming an industrialized state.
India is a major producer and exporter of agricultural products globally. Some key points:
- India ranks among the top producers globally for many agricultural commodities like spices, pulses, milk, tea, cashew and jute.
- Agricultural exports from India have grown significantly at a CAGR of 16.45% from 2010-2018 to reach $38.21 billion in FY2018.
- Major agricultural exports include marine products, basmati rice, buffalo meat, spices, cotton, oil products and sugar. Marine product exports alone were $7.39 billion in FY2018.
- Government schemes aim to boost agricultural exports to $60 billion by 2022 and $100 billion
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1. For updated information, please visit www.ibef.org January 2019
NAKO LAKE IN KINNAUR VALLEY, HIMACHAL PRADESH
HIMACHAL PRADESH
THE ABODE OF THE GODS
3. For updated information, please visit www.ibef.orgHIMACHAL PRADESH3
EXECUTIVE SUMMARY
Himachal Pradesh is one of the fastest-growing states in India. Its per capita Gross State Domestic Product
(GSDP) was estimated at Rs 186,777.57 (US$ 2,898.02) during 2017-18.
Strong economic growth
Himachal Pradesh, known as the Land of Gods, is famous for its topographic diversity and pristine natural
beauty. Domestic tourist inflows in the state reached 12.60 million in 2018 (up to September) while foreign
tourist arrivals reached 286,698.
Tourists paradise
Government’s emphasis on improving productivity has yielded positive results in the state. Production of food
grains is targeted at 1.67 million metric tonnes in 2018-19. Horticulture production in the state reached
2459.21 thousand metric tonnes in 2017-18, as per third advance estimates.
Increasing agricultural
productivity
With a hydro power potential of 18,820 MW (of which just 9,755 MW has been harnessed), Himachal Pradesh
accounts for 12.66 per cent of the country’s total hydro power potential. All villages of Himachal Pradesh have
been electrified.
India’s hydro-power hub
Himachal Pradesh has a rich heritage of handicrafts. These include woollen and pashmina shawls, carpets,
silver and metal ware, embroidered chappals, grass shoes, Kangra and Gompa style paintings, wood work,
horse-hair bangles, wooden and metal utensils and various other house hold items.
Heritage
Source: Himachal Pradesh Economic Survey 2016-17, 2017-18, Department of Agriculture Cooperation and Farmers Welfare
5. For updated information, please visit www.ibef.orgHIMACHAL PRADESH5
FACT FILE
Himachal Pradesh is located in the northern region of India. The
state is surrounded by Jammu & Kashmir on the North, Punjab on
the West and the South-West, Haryana on the South, Uttar Pradesh
on the South-East and China on the East.
Being a sub-Himalayan state, Himachal Pradesh has a varied
climate that changes with altitude. The climate ranges from warm
and sub-humid tropical at low altitudes to cold and icy at high
altitudes. There are three main seasons: winter from October to
March, summer from April to June and rainy from July to September.
Agriculture contributes nearly 45 per cent to the net state domestic
product. It is the main source of income as well as employment in
Himachal. About 93 per cent of the state population depends directly
upon agriculture.
Parameters Haryana
Capital Shimla
Geographical area (sq km) 55,673
Administrative districts (No) 12
Population density (persons per sq km) 123
Total population (million) 6.86
Male population (million) 3.48
Female population (million) 3.38
Sex ratio (females per 1,000 males) 971
Literacy rate (%) 82.8
Source: Government of Himachal Pradesh website, Economic Survey of Himachal Pradesh
6. For updated information, please visit www.ibef.orgHIMACHAL PRADESH6
ADVANTAGE
Rich labour pool and infrastructure support
The state has a large base of skilled labour, making it a
favourable destination for knowledge-based sectors. It
also has a large pool of semi-skilled and unskilled labour.
According to the 2011 census, the overall literacy rate of
the state was around 82.8 per cent
Himachal Pradesh has a strong hydropower base, with a
potential capacity of 27,436 MW.
Policy and incentives
The state offers a wide range of policy and fiscal
incentives for businesses under the Industrial Policy,
2017.
Himachal Pradesh has well drafted sector specific policies
for biotechnology and pharmaceuticals, solar power and
startups.
Pharmaceuticals and food processing hub
Himachal Pradesh has attracted investments in the
pharmaceuticals, IT and engineering industries.
Agriculture plays a significant role in the state’s economy.
Himachal Pradesh has a robust food processing sector.
High economic growth and stable political environment
GSDP (in Rs) grew at a Compounded Annual Growth Rate
(CAGR) of 11.02 per cent between 2011-12 and 2017-18.
With a stable political environment and a single-party
government, the state Government is committed towards
creating a progressive business environment.
Advantage
Himachal
Pradesh
Source: Himachal Pradesh Economic Survey 2017-18
Note: GSDP: Gross State Domestic Product
7. For updated information, please visit www.ibef.orgHIMACHAL PRADESH7
HIMACHAL PRADESH IN FIGURES
Parameter Himachal Pradesh India
GSDP as a percentage of
all states’ GSDP
0.81 100.0
GSDP growth rate* (%) 8.08 10
Per capita GSDP (US$) 2,898.02 1,977.60
Himachal Pradesh’s Contribution to Indian Economy (2017-18)
Parameter Himachal Pradesh India
Installed power capacity
(MW) (December 2018)
4,049.34 349,288.22
Wireless subscribers (mn)
(November 2018)
10.46 1,171.76
Internet subscribers (mn)
(September 2018)
4.64 560.01
National highway length
(km)
2,642 122,432
Airports (No) 3 125
Physical Infrastructure in Himachal Pradesh
Parameter Himachal Pradesh India
Literacy rate (%) 82.8 73.0
Birth rate (per 1,000
population) (2017)
16.0 20.4
Social Indicators
Parameter Himachal Pradesh India
Operational PPP projects
(No)
41 720
Industrial Infrastructure
Parameter Himachal Pradesh** India
Cumulative FDI equity
inflows between April 2000 –
June 2018
1.47 389.72
Investments (US$ billion)
Note: *in Rs terms, GSDP, per capita GSDP figures are taken at current prices, Exchange Rate used is average of 2017-18, i.e. USD = 64.45, ** - Including Chandigarh, Punjab and
Haryana, For sources refer to annexure
9. For updated information, please visit www.ibef.orgHIMACHAL PRADESH9
15.17
15.21
15.66
16.97
17.45
18.78
21.13
0.73
0.83
0.95
1.04
1.14
1.26
1.36
0
0.2
0.4
0.6
0.8
1
1.2
1.4
1.6
0
5
10
15
20
25
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
US$ billion Rs trillion
2,197.62
2,184.75
2,230.31
2,395.56
2,441.83
2,601.95
2,898.02
1,05,375.80
1,18,959.75
1,34,934.02
1,46,488.32
1,59,842.47
1,74,564.91
1,86,777.57
0
30000
60000
90000
120000
150000
180000
210000
0
500
1,000
1,500
2,000
2,500
3,000
3,500
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
US$ Rs
ECONOMIC SNAPSHOT – GSDP
GSDP of Himachal Pradesh at Current prices
At current prices, the Gross State Domestic Product of
Himachal Pradesh reached Rs 1.36 trillion (US$ 21.13 billion) in
2017-18.
The state’s GSDP (in Rs) increased at a Compound Annual
Growth Rate of 11.02 per cent between 2011-12 and 2017-18.
CAGR (in Rs) 11.02%
Per Capita GSDP of Himachal Pradesh at Current prices
CAGR (in Rs) 10.01%
The state’s per capita GSDP in 2017-18 was Rs 186,777.57
(US$ 2,898.02). .
The per capita GSDP (in Rs) increased a CAGR of 10.01 per
cent between 2011-12 and 2017-18.
Source: Directorate of Economics & Statistics of Himachal Pradesh, MOSPI
Note: exchange rates used are averages of each year
10. For updated information, please visit www.ibef.orgHIMACHAL PRADESH10
12.62
12.75
13.24
14.28
14.80
16.17
18.18
0.61
0.69
0.80
0.87
0.97
1.08
1.17
0
0.2
0.4
0.6
0.8
1
1.2
1.4
0
2
4
6
8
10
12
14
16
18
20
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
US$ billion Rs trillion
1,829.43
1,831.60
1,885.86
2,016.34
2,070.15
2,240.06
2,493.71
87,721.00
99,730.35
1,14,094.75
1,23,299.43
1,35,512.13
1,50,285.33
1,60,719.43
0
30000
60000
90000
120000
150000
180000
0
500
1,000
1,500
2,000
2,500
3,000
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
US$ Rs
ECONOMIC SNAPSHOT – NSDP
NSDP of Himachal Pradesh at Current prices
At current prices, the total Net State Domestic Product of
Himachal Pradesh reached Rs 1.17 trillion (US$ 18.18 billion) in
2017-18
The state’s NSDP (in Rs) increased at a compound annual
growth rate of 11.64 per cent between 2011-12 and 2017-18.
Source: Directorate of Economics & Statistics of Himachal Pradesh, MOSPI
CAGR (in Rs) 11.64%
Per Capita NSDP of Himachal Pradesh at Current prices
CAGR (in Rs) 10.62%
The state’s per capita NSDP in 2017-18 was Rs 160,719.43
(US$ 2,493.71). .
The per capita NSDP (in Rs) increased a CAGR of 10.62 per
cent between 2011-12 and 2017-18.
Note: exchange rates used are averages of each year
11. For updated information, please visit www.ibef.orgHIMACHAL PRADESH11
17.16%
14.95%
43.81%
41.99%
39.03% 43.05%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2011-12 2017-18
Primary Sector Secondary Sector Tertiary Sector
ECONOMIC SNAPSHOT – PERCENTAGE
DISTRIBUTION OF GSDP
During 2017-18, the tertiary sector accounted for 43.05 per cent
share in the over GSVA of the state, followed by secondary sector
and primary sector with contributions of 41.99 per cent and 14.95 per
cent, respectively.
The tertiary sector witnessed the fastest growth at a CAGR of 12.43
per cent between 2011-12 and 2017-18.
Secondary sector in the state expanded at a CAGR of 9.82 per cent
between 2011-12 and 2017-18. Primary sector grew at a CAGR of
8.09 per cent during the same time.
Visakhapatnam port traffic (million tonnes)GSVA Composition by Sector
8.09%
12.43%
9.82%
CAGR
Source: Directorate of Economics and Statistics of Himachal Pradesh
12. For updated information, please visit www.ibef.orgHIMACHAL PRADESH12
ECONOMIC SNAPSHOT – FDI INFLOWS &
INVESTMENTS
According to the Department of Industrial Policy & Promotion
(DIPP), during April 2000 to June 2018, FDI inflows in the state^
totalled to US$ 1.47 billion.
During 2018**, 16 investment intentions were filed in Himachal
Pradesh with a proposed investment of Rs 518 crore (US$ 71.80
million).
The state government will organise a global investors meet in June
2019 to show Himachal Pradesh as a model industrial hub.
Proposed Investments
Year IEMs filed
Proposed
investments
(in US$ million)
2016 9 147.5
2017 6 17.6
2018** 16 71.80
Source: Department of Industrial Policy & Promotion
FDI Inflows in Himachal Pradesh^
April 2000-June 2018 (US$ million)
1024
130
47
91
39 27 6
108 1472
400
600
800
1,000
1,200
1,400
1,600
FY00-FY11
FY12
FY13
FY14
FY15
FY16
FY17
FY18
FY19*
FY00-FY19*
Annual FDI Inflow
Note: * - Upto June 2018, ** - Upto October 2018, ^ - including Chandigarh, Punjab and Haryana
13. For updated information, please visit www.ibef.orgHIMACHAL PRADESH13
ECONOMIC SNAPSHOT – EXPORTS
Total merchandise exports from Himachal Pradesh were US$ 1,221.66 million in FY18. Between Apr-Dec 2018, merchandise exports from the
state stood at US$ 991.56 million.
Drug, Formulations and Biologicals account for a majority of the share in the overall exports of the state and reached US$ 702.87 million in FY18.
Cotton Yarn and Man Made Yarn & Fabrics products are the other major products that account for a significant share in Himachal Pradesh’s
export basket.
Source: DGCIS Analytics
Merchandise Exports from Himachal Pradesh (US$ million) Major Commodities Exported in FY18
57%
7%
5%
4%
3%
3%
2%
19%
Drug, Formulations &
Biologicals
Cotton yarn
Man Made Yarn &
Fabrics
Cotton Fabrics
Bulk Drugs
Paper & Paper Board
Cosmetics & Toiletries
Others
896.23 893.14
1,056.01
1,221.66
991.56
0.00
200.00
400.00
600.00
800.00
1000.00
1200.00
1400.00
FY15 FY16 FY17 FY18 FY19*
Note: * - Up to December 2018
15. For updated information, please visit www.ibef.orgHIMACHAL PRADESH15
PHYSICAL INFRASTRUCTURE – ROADS
Source: Himachal Pradesh Economic Survey, 2017-18; State Budget 2018-19, update is expected in the next financial year budget
Since much of the state is hilly, roads play a vital role in
transportation.
Starting from scratch, around 37,158 kilometres of motorable roads
have been constructed by the state government till December 2017.
The state had 2,642 km of national highways as of February 2018.
As per Budget 2018-19, the state government has also launched the
Himachal Road Improvement Scheme for cross drainage.
As of December 2017, 10,241 villages in the state were connected
by roads.
Source: Maps of India
Target Habitations 150
Target Length (km) 2,400
Habitations Connected (up to May
2018)
2
Pradhan Mantri Gram Sadak Yojana (PMGSY) in 2018-19
16. For updated information, please visit www.ibef.orgHIMACHAL PRADESH16
PHYSICAL INFRASTRUCTURE – RAILWAYS
Himachal Pradesh falls under the Northern Railways network.
The state has three railway lines (two narrow and one broad gauge).
The two narrow gauge lines are of 113 km and 96 km, which
connect Jogindernagar with Pathankot and Shimla with Kalka,
respectively. The broad gauge line is 33 km long, which connects
Nangal dam and Charuru in Una district. As of March 2017, the state
had 296 km of railway network.
A provision of Rs 422 crore (US$ 65.18 million) has been made in
2018-19 for expansion of the railway network in the state.
The Bilaspur-Manali-Leh railway line will be made operational by
2022. The Keylong station in Himachal, which will be a part of this
line, will be India’s first railway station under a tunnel.
Source: Himachal Pradesh Economic Survey, 2017-18; State Budget 2018-19
17. For updated information, please visit www.ibef.orgHIMACHAL PRADESH17
PHYSICAL INFRASTRUCTURE – AIRPORTS
There are 3 airports in Himachal Pradesh – at Kullu (Bhuntar),
Kangra (Gaggal) & Shimla (Jubbar Hatti).
The state government has identified 3 sites at Kandaghat in the
Solan district & Nadaun in the Hamirpur district to establish an
international airport in the state.
The state government has taken an initiative to introduce heli-taxi
services, which are expected to improve connectivity and open up
remote areas for tourists.
Airport indicators (2018-19*)
Airport Passengers Aircraft Movements
Bhuntar 21,191 857
Guggal (Kangra) 100,717 1,942
Shimla 7035 436
Source: Himachal Pradesh Economic Survey, 2017-18, AAI
Note: *up to Dec 2018
18. For updated information, please visit www.ibef.orgHIMACHAL PRADESH18
PHYSICAL INFRASTRUCTURE – POWER
Himachal Pradesh is naturally suited for hydropower generation and accounts for around 25.9 per cent of India’s total hydro power potential. Out
of the 27,436 MW hydro power potential, 24,000 MW is harnessable. As per state budget 2018-19, 20,912 MW of this is already allocated under
various sectors and 182 MW of hydro power capacity addition is expected in 2018-19.
Himachal Pradesh is one of the few states in India where power delivered to consumers is entirely metered.
As of December 2018, Himachal Pradesh had a total installed power generation capacity of 4,049.34 MW. Hydro power accounted for 2,910.48
MW of total installed power generation capacity, followed by renewable power (864.50 MW) and thermal power (245.41 MW). Under thermal
power, coal accounted for 183.40 MW and gas accounted for 62.01 MW of total installed power.
2,326.70
3,584.90
3,770.10
3,986.00
4,578.56
4,463.00
3,892.72
4,038.68
4,049.34
0
500
1,000
1,500
2,000
2,500
3,000
3,500
4,000
4,500
5,000
FY11 FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19*
Installed power capacity (MW)
Source: Central Electricity Authority, Himachal Pradesh Economic Survey 2017-18, State Budget 2018-19.
Note: * - as of December 2018
72%
21%
6%
1%
Hydropower
Renewable Power
Thermal Power
Nuclear Power
Break-up of Installed Capacity (December 2018)
19. For updated information, please visit www.ibef.orgHIMACHAL PRADESH19
PHYSICAL INFRASTRUCTURE – TELECOM
Source: Telecom Regulatory Authority of India; Department of Telecommunications- Ministry of Communications & Information Technology
At 145.93 per cent in November 2018, the state had the second highest tele density in India after Delhi.
According to the Telecom Regulatory Authority of India (TRAI), Himachal Pradesh had 10.46 million wireless subscribers and 118,969 wire-line
subscribers as of November 2018.
The major telecom operators in Himachal Pradesh are: Bharat Sanchar Nigam Limited (BSNL), Bharti Airtel, Vodafone and IDEA Cellular Services
Telecom Statistics (as of November 2018)
Wireless subscribers 10,454,992
Wire-line subscribers 118,699
Tele-density (%) 145.93
Internet subscribers* (mn) 4.64
Performance of Bharat Net (As of October 2018)
Service Ready GPs 208
GPs for which Cable laid ** 223
Note: * - As of September 2018; GP-Gram Panchayat, ** - As of July 2018
20. For updated information, please visit www.ibef.orgHIMACHAL PRADESH20
PHYSICAL INFRASTRUCTURE – URBAN
Under State Budget 2018-19, Rs 487 crore (US$ 75.22 million) has
been allocated for Urban Development department.
In May 2017, the state government signed an MoU with Skyway
Technologies, a Belarus based company, for constructing the world’s
1st suspended ‘skyway’ transportation system in Dharamsala. The
project is expected to be completed in the next three years.
In Himachal Pradesh, Dharamsala and Shimla have been selected to
be developed as smart cities under the smart city scheme of the
central Government. Under the smart city scheme, 24 hours
persistent water and power supply would be provided to the city.
Under the AMRUT (Atal Mission for Rejuvenation and Urban
Transformation) Mission, Shimla has been selected. Up to April
2018, Rs 304.52 crore (US$ 47.25 million) has been allocated to the
state under the mission.
As of July 2018, 12 projects were being implemented under the
Smart Cities mission, while Rs 216 crore (US$ 32.22 million) has
been released to the state government under the mission.
Source: JNNURM, Ministry of Urban Development, Rajyasabha, State Budget 2018-19
Cities under Smart
Cities Mission
Population Area (sq km)
Dharamsala 22,580 29.51
Shimla 269,578 35.34
22. For updated information, please visit www.ibef.orgHIMACHAL PRADESH22
SOCIAL INFRASTRUCTURE – EDUCATION
Sarva Shiksha Abhiyan, a programme that ensures each and every child receives elementary education, is being implemented in the state on a
priority basis.
Himachal Pradesh is placing special emphasis on girl education, with the implementation of National Programme for Education of Girls at
Elementary Level in 8 educationally backward blocks, where rural literacy rates were below the national average. The state government is also
providing girls free education up to university level, which includes vocational and professional courses.
As per state’s economic survey 2017-18, there are 10,751 primary schools, 2,103 middle schools, 922 high schools and 137 degree colleges
functioning in the state.
The “Swayamsidham Project”, that aims to provide teachers with online solutions for their problems and deliver academic support to school heads
through the web portal, is being executed in around 2,153 schools of Himachal Pradesh.
No of educational institutions (functional) December 2017
Primary 10,751
Middle 2,103
High schools 922
Senior secondary schools 1,836
Degree colleges 137
Source: Himachal Pradesh Economic Survey 2017-18, State Budget 2018-19, update is expected in the economic survey 2018-19
Institutes Student Intake (2017-18)
Degree level 4,070
B-Pharmacy 858
Diploma level 7,837
Government, Private ITIs 47,784
23. For updated information, please visit www.ibef.orgHIMACHAL PRADESH23
SOCIAL INFRASTRUCTURE – HEALTH
A provision of Rs 2,181 crore (US$ 336.89 million) has been made for health and family welfare under state budget 2018-19. Rs 263 crore (US$
40.62 million) was allocated for Ayurveda.
As of December 2018, the state had 2,158 sub centres, 540 primary health centres, 79 community health centres, 76 sub district hospitals and 15
district hospitals.
As per state budget 2018-19, In 2017-18, the state government introduced a new scheme- “Mukhayamantri Shaya Rog Nivaran Scheme”, which
aims to eradicate Tuberculosis from the state by 2021.
In June 2017, the central government has given a nod to Post Graduate Institute of Medical of Education & Research (PGIMER) for setting up a
PGI satellite centre at Baddi, Himachal Pradesh.
Facility Number (As of December 2018)
Sub centres 2,158
Community Health
Centres
79
Primary Health Centres 540
Sub District Hospital 76
District Hospital 15
Total Institutions 2,868
Source: State Budget 2018-19, Ministry of Health & Family Welfare; Sample Registration System (SRS) Bulletin 2014, 1Per thousand persons, 2Per thousand live births
Birth rate
1
16.0
Death rate
1
6.8
Infant mortality rate
2
25.0
Health indicators (SRS bulletin, September 2017)
25. For updated information, please visit www.ibef.orgHIMACHAL PRADESH25
INDUSTRIAL INFRASTRUCTURE … (1/2)
As of December 2017, the state recorded 45,597 working units, of which, the large industrial units were recorded to be 138 whereas the medium
scale units were 484.
For development of industrial infrastructure, the state government has planned the following under the state budget 2018-19:
• No electricity duty on new small and medium industries for first five years
• New e-stamping system to be launched
• All tenders above Rs 500,000 (US$ 7,723) will be carried out on e-Procurement portal
• Lease on industrial plots increased from to be given for 90 years, up from 30 years at present
• Industrial areas of Kandrori and Pandoga to be completed on priority
Infrastructure Description
Industrial areas
Set up at Baddi, Barotiwala, Parwanoo, Kala Amb, Paonta Sahib, Mehatpur, Tahliwal, Amb, Sansarpur Terrace,
Golthai, etc.
Baddi Barotiwala Nalagarh
Industrial Area
The industrial area has been promoted by the Ministry of Commerce and Industries, Government of India. It has
emerged as a hub for textiles, pharmaceuticals and packaging industries.
Biotechnology Park The government has proposed to set up a biotechnology park at Nalagarh.
Nanotechnology Park
A nanotechnology park is proposed to come up on a 400-acre area near the Biotechnology Park at Aduwal near
Nalagarh.
Inland Container Depot (ICD)
An ICD is being developed at Baddi for the benefit of exporting industries through the Container Corporation of
India. A Memorandum of Understanding (MoU) has been signed between the Himachal Pradesh government and
Container Corporation of India.
26. For updated information, please visit www.ibef.orgHIMACHAL PRADESH26
INDUSTRIAL INFRASTRUCTURE … (2/2)
In an effort to provide infrastructure support to entrepreneurs, the Himachal Pradesh government has developed 41 industrial areas and 15
industrial estates.
Name and location Primary industry Description
Baddi Pharmaceuticals/textiles
Located in the Solan district, the Baddi industrial area has several
pharmaceutical, textile, auto ancillary, paper and printing units.
Barotiwala Multi-industry Located in the Solan district; hub for small scale industries.
Parwanoo Light engineering
Located in the Solan district; the city is an industrial cluster for high-
density polyethylene (HDPE) pipe companies.
Chambaghat Electronics
Located on the Shimla-Kalka highway in the Solan district, the industrial
area has prominent companies such as Himachal Futuristic
Communications Limited and Shivalik Bimetal Controls Limited.
Paonta Sahib Pharmaceuticals/chemicals
Located in the Sirmour district, the industrial area has a number of
pharmaceutical and chemical companies.
Tahliwal and Gagret Electronics
Located in the Una district, it has prominent telecommunications
companies.
Amb Industrial Area Engineering/auto
Amb has prominent engineering and automotive companies such as
International Cars and Motors Limited.
Sansarpur Terrace Engineering
Located in the Kangra district, it has some of the leading engineering
companies of North India.
Golthai Multi-industry
Located in the Bilaspur district, it has been identified as a mini growth
centre.
28. For updated information, please visit www.ibef.orgHIMACHAL PRADESH28
KEY SECTOR – AGRICULTURAL AND ALLIED
INDUSTRIES… (1/3)
Agriculture is a key livelihood for the people of Himachal Pradesh and holds a significant share in the state’s economy. Major food crops in the
state are rice, maize, wheat, barley, jowar, pulses, bajra and potato. The four agro-climatic conditions in the state support cultivation of multiple
crops, vegetables and fruits around the year. The state government is focusing on increasing productivity levels besides diversification towards
high-value crops.
The yield for food grains is estimated at 2.09 metric tonnes in 2017-18. Horticulture production in 2017-18 is estimated at 2,459.21 thousand
metric tonnes, as per third advance estimates.
Production of commercial crops (in ‘000 tonnes)
183 196 200 195
1,609
1,654
1,540
1,650
32 35 33 35
-
200
400
600
800
1,000
1,200
1,400
1,600
1,800
2015-16 2016-17 2017-18* 2018-19*
Potato Vegetables Ginger
Source: Himachal Pradesh Economic Survey 2017-18, Department of Agriculture Cooperation and Farmers Welfare, Ministry of Food Processing Industries
Note: *target, MT – Metric tonnes, **3rd advance estimates
Horticulute Production (‘000 metric tonnes)
2,563
2,404
2,709
2,452 2,459
2,250
2,300
2,350
2,400
2,450
2,500
2,550
2,600
2,650
2,700
2,750
FY14 FY15 FY16 FY17 FY18**
29. For updated information, please visit www.ibef.orgHIMACHAL PRADESH29
KEY SECTOR – AGRICULTURAL AND ALLIED
INDUSTRIES… (2/3)
With suitable agro-climatic conditions, Himachal Pradesh has
realised the importance of commercial crops, including off-season
vegetables, potatoes and ginger. The state is one of the largest
producers of off season vegetables and exotic fruits and the second
largest producer of apples and almonds in the country.
The food processing industry primarily focuses on the areas of
traditional processing of agricultural and horticultural raw materials.
Agri-procurement has lately been an investment area for corporate
entities.
Presence of good food processing infrastructure has attracted major
companies to invest in the state. There are 12 cold chains and one
dedicated food park in Himachal Pradesh.
Source: Ministry of Food Processing Industries
Category Districts
Dairy products and
analogues
Shimla, Mandi, Bilaspur, Kullu, Kangra,
Solan, Hamirpur, Una, Sirmaur
Spices Mandi, Bilaspur, Shimla
Prepared Foods Kangra, Mandi, Hamirpur
Cereals and cereal
products
Solan, Hamirpur, Kangra, Kullu, Kangra
Ready to eat Hamirpur, Solan, Kangra
Pickle, Jam Squash Solan, Kangra, Una
Food Processing Clusters in Himachal Pradesh
30. For updated information, please visit www.ibef.orgHIMACHAL PRADESH30
KEY SECTOR – AGRICULTURAL AND ALLIED
INDUSTRIES… (3/3)
Cremica Group is a prominent player in food retail and food services industries in India. The company’s business
activities include Cremica Frozen Foods, EBI Foods, Mrs Bector’s Desserts and Cremica Agro India. The
company is commissioning a plant at Tahliwal Industrial Area, Una, for manufacturing biscuits and Indian snack
foods. It is a 100 per cent automated facility, with an annual manufacturing capacity of 150,000 MT.
Adani Agrifresh, a 100 per cent subsidiary of Adani Enterprises, has set up three controlled-atmosphere storage
units at Rampur, Sainj and Rohru in Himachal Pradesh, with an investment of US$ 40 million and a combined
capacity of 18,000 metric tonnes of apples per year. The subsidiary is involved in the procurement, storage and
transportation of fresh fruits and vegetables. The company directly buys fruits from about 4,000 farmers.
Nestlé has been operating in India for almost a century, with seven production facilities across the country. The
company produces chocolates and confectionaries, prepared dishes and cooking aids, beverages and milk
products and nutrition.
The company has a factory in Tahliwal, Una, Himachal Pradesh.
Dabur is one of the country’s largest consumer goods companies.
The company produces several products, including honey and amla, in Baddi.
Cremica Group
Adani Agrifresh Ltd
Nestle India
Dabur India Ltd
Source: Company Websites & Annual Reports
Key players
31. For updated information, please visit www.ibef.orgHIMACHAL PRADESH31
KEY INDUSTRIES – PHARMACEUTICALS … (1/2)
Himachal Pradesh is one of the fastest-growing regions in the
pharmaceutical industry in India, driven by incentives announced by
the state Government in its Industrial Policy, 2004. Baddi is one of
the largest pharmaceutical hubs in Asia and the world.
The Department of Environment, Science & Technology (DEST),
Government of Himachal Pradesh, proposes to develop a
Biotechnology Park (BTP) spread over an area of 35 acres at
Aduwal in Solan under PPP mode in the state
The Ayurvedic Department has three ayurvedic pharmacies at -
Jogindernagar District Mandi, Majra District Sirmaur & Paprola
District Kangra. The 4 herbal gardens of the state are located at -
Jogindernagar (Mandi), Jungle Jhalera (Bilaspur), Neri (Hamirpur) &
Dumreda (Shimla).
During 2017-18, exports of drug formulations and biologicals from
the state stood US$ 702.87 million and have reached US$ 533.4
million between Apr-Dec 2018.
Source: Himachal Pradesh Economic Survey 2015-16
Some of the key players
Ranbaxy Laboratories Ltd
Cipla Ltd
Dr Reddy's Laboratories Ltd
Panacea Biotec Ltd
409.8
450.1
352.8
702.9
533.4
0.0
100.0
200.0
300.0
400.0
500.0
600.0
700.0
800.0
2014-15 2015-16 2016-17 2017-18 2018-19*
Exports of drug formulations and biologicals
Note: * - Upt o Dec 2018
32. For updated information, please visit www.ibef.orgHIMACHAL PRADESH32
KEY INDUSTRIES – PHARMACEUTICALS … (2/2)
Ranbaxy is one of the leading pharmaceutical companies in India, with business operations in 43 countries and
manufacturing facilities in eight countries.. In 2008, Japanese conglomerate Daiichi Sankyo became the largest
shareholder in Ranbaxy, which is now its global generic arm. In March 2015, Sun Pharma acquired Ranbaxy
Laboratories.
It has a manufacturing facility at Paonta Sahib, Sirmaur
Cipla has one of the largest product portfolios, with over 1,000 products.
It established a manufacturing facility in Baddi in 2005. The unit manufactures bulk drugs, tablets and capsules,
creams, aerosols/inhalation devices and injections/sterile solutions.
Established in 1984, Dr Reddy’s ranks among the top 15 generics players in the world.
Dr Reddy’s has a finished dosage facility in Baddi.
Panacea is one of India’s prominent pharmaceutical and biotech companies involved in research, manufacturing
and marketing of pharmaceutical formulations. The company has around 2,700 employees, including 130
scientists.
Panacea’s pharmaceutical and vaccine formulations facility is located in Baddi, with a production capacity of 600
million doses per annum. The production is likely to be increased to one billion doses per annum after the addition
of the third line.
Ranbaxy Laboratories
Ltd (Sun Pharma)
Cipla Ltd
Dr Reddy's
Laboratories Ltd (DRL)
Panacea Biotec Ltd
Key players
33. For updated information, please visit www.ibef.orgHIMACHAL PRADESH33
KEY INDUSTRIES – TOURISM
Tourism is one of the most important sectors for the state economy in terms of foreign exchange earnings and creation of employment
opportunities. Himachal Pradesh is endowed with topographic diversity, historical monuments and religious shrines. As of 2017-18, there were
2,907 registered hotels in the state. Top tourist destinations in the state include Kullu, Shimla, Kangra, Solar, Chamba and Spiti.
The tourism sector of Himachal Pradesh contributes to 6.6 per cent in the state GDP. Domestic tourist inflows in the state reached 12.60 million in
2018 (up to September) while foreign tourist arrivals reached 286,698.
Sustainable Tourism Policy, 2013 was formulated for promoting sustainable tourism without damaging the ecology and environment.
As per Himachal Pradesh Economic Survey 2017-18, the Asian Development Bank is giving loan assistance of US$ 95.16 million to develop
tourism infrastructure in the state.
Source: Ministry of Tourism, Government of India, Himachal Pradesh Economic Survey 2017-18
Number of domestic tourists (million)
11.04
12.81
14.60
15.65
14.71
15.92
17.12
17.99
19.13
12.60
0.00
5.00
10.00
15.00
20.00
25.00
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018*
Number of foreign tourists (in ‘000s)
401
454
485 500
414
390 406
453 471
287
0
100
200
300
400
500
600
2009 2010 2011 2012 2013 2014 2015 2016 2017 2018*
Note: *up to September 2018
35. For updated information, please visit www.ibef.orgHIMACHAL PRADESH35
SINGLE-WINDOW CLEARANCE MECHANISM … (1/2)
Source: Industries Department, Government of Himachal Pradesh, State Budget 2015-16; GM: General Manager, DIC: District Industrial Centre
Single-Window Clearance Mechanism (SWM) was established in
2004. It has a two-tier structure.
• District Single Window Clearance Committee for each district in
the state is chaired by General Manager/Member Secretary, with
senior-most officers of departments concerned in the district as
members.
• State-level agency with Chief Minister of Himachal Pradesh as
Chairman and various heads of departments as members.
• Approval for proposals with investments of over US$ 1.09 million,
power requirement of above 1 MW and industries in the negative
list (such as forest-based and mining); as defined by central and
state Governments, are decided by the state-level Single-Window
Clearance Agency.
• In the budget 2015-16, the Government announced its plans to
revamp the State Level Single Window Clearance & Monitoring
Authority.
• According to the budget speech 2015-16, approval for
establishing industries in the state would be granted within a
period of 45 days from the date of submission of common
application form, which should be complete in all respect and
fulfilling all necessary requirements.
SWM structure in Himachal Pradesh
State-level Single
Window Clearance and
Monitoring Authority
Chief Minister of
Himachal Pradesh
GM-DIC/ Member
Secretary
District-level Single
Window Clearance
Agency
36. For updated information, please visit www.ibef.orgHIMACHAL PRADESH36
SINGLE-WINDOW CLEARANCE MECHANISM … (2/2)
Single-window Clearance and Monitoring Agency: State-level Nodal Agency
Source: Industries Department, Government of Himachal Pradesh ; MW: Mega-Watt, DIC: District Industrial Centre
Purpose Composition
Provides first approval to medium and large scale investment proposals
between 30–60 days of submission.
Projects above US$ 1.09 million, power requirements above one MW and
industries in the negative list (such as forest-based and mining) as defined
by the central and state governments are approved by the agency.
The Chief Minister of Himachal Pradesh is Chairman of the
agency; other members include heads of the departments of
town and country planning, labour, electricity, water, director of
industries and industrial adviser.
District Industry Centre (DIC): District-level Committee for Single-window Clearance
Purpose Composition
Provides sanctions and clearances for setting up small scale industrial
units.
Convened by the General Manager, DIC or member secretary,
Single-window Clearance and Monitoring Agency.
37. For updated information, please visit www.ibef.orgHIMACHAL PRADESH37
KEY INVESTMENT PROMOTION OFFICES
Source: Department of Industries, Government of Himachal Pradesh; State Budget 2015-16
Agency Description
Single-Window
Clearance Agency
Agency for speedy clearance and in-principle approval to large and medium scale projects.
Time frame for approval is 45 days.
Since inception in 2004, 104 meetings have been held, and 1,023 projects, with an investment of US$ 11.77
billion, have been approved up to December 2014.
Himachal Pradesh State
Small Industries and Export
Corporation
Supply of raw materials through appropriate depots.
Supply of machinery on hire-purchase.
Provision of assistance in export and marketing.
Himachal Pradesh
Financial Corporation
To provide medium and long-term loans as well as working capital loans to small and medium scale units under
various schemes.
To provide loans for expansion, modernisation and rehabilitation of existing units.
Directorate of
Industries
Registration of Small Scale Industries (SSI) and recommendation of medium and large scale industries to the
appropriate authority.
Technical and general consultancy.
Recommendation for financial assistance to financial institutions/banks for margin money and loans.
Industrial infrastructure development.
Collection and maintenance of data relating to industrial units.
Allotment of industrial plots, sheds and shops in districts.
Liaison with and provide feedback to the central and state Governments.
Administration of all incentives to industries given by the central and state Governments.
38. For updated information, please visit www.ibef.orgHIMACHAL PRADESH38
CONTACT LIST
Udyog Bhawan
Shimla
Phone: 91-177-2813414
E-mail: dirindus-hp@nic.in
Website: http://himachal.nic.in/industry/welcomelat.htm
Himachal Pradesh Industries Department
4th & 5th Floor, New Himrus Building
Cart Road
Shimla
Phone: 91-177-2624751, 2621426
Fax: 91-177-2624278
E-mail: hpsidc@sancharnet.in
Website: http://www.hpsidc.nic.in
Himachal Pradesh State Industrial Development Corporation
Limited
39. For updated information, please visit www.ibef.orgHIMACHAL PRADESH39
KEY APPROVALS REQUIRED … (1/2)
Source: Commissionerate of Industries, Government of Himachal Pradesh
Approvals and clearances required Departments to be consulted
Prior to setting up the unit
Registration District Industry Centre for SSI or Large and Medium Industries
Allotment of land/shed State Department of Industries/Infrastructure Corporation
Permission for land use District Authorities, Department of Town and Country Planning
No Objection Certificate under Water and
Air Act
Himachal Pradesh State Pollution Control Board
Approval for construction activity and
building plan
Town and Country Planning Authority
Site environmental approval State Pollution Control Board and Ministry of Environment and Forests
Provisional trade tax registrations Central and State Excise Departments
Registration under Central Sales Tax Act Central and State Excise Departments
40. For updated information, please visit www.ibef.orgHIMACHAL PRADESH40
KEY APPROVALS REQUIRED … (2/2)
Source: Commissionerate of Industries, Government of Himachal Pradesh
Approvals and clearances required Departments to be consulted
Before commencement of production
No Objection Certificate under Water and
Air Act
Himachal Pradesh State Pollution Control Board
No Objection Certificate Fire Department and Directorate of Factories and Boilers
Permanent trade tax registration Central and State Excise Departments
Registration under Central Sales Tax Act Central and State Excise Departments
After commencement of production/activity
Registration
Department of Industries and respective sector departments such as Information
Technology/Biotechnology, etc.
41. For updated information, please visit www.ibef.orgHIMACHAL PRADESH41
COST OF DOING BUSINESS IN HIMACHAL PRADESH
Source: Directorate of Industries, Ministry of Labour and Employment, Government of India, Himachal Pradesh Irrigation and Public Health Department,
Himachal Pradesh State Electricity Board Ltd, Industry sources
Parameter Cost estimate
Industrial land (per sq ft)
Baddi Industrial Area: US$ 15–50
Other Industrial Areas: US$ 12–35
Office space rent
(per sq ft per month)
US 10 cents to US$ 8
Residential rent
(1,600 to 2,500 sq ft house)
US$ 100–200 per month
Hotel costs (per room, per night) US$ 20–200
Power (per kWh)
Small and medium industries: US 8.3–8.7 cents
Large industries: US 7.5–8.7 cents
Labour (minimum wage per day) US$ 4.5–7
Water (per kl)
Domestic: US 18 cents
Commercial: US 32.6 cents
42. For updated information, please visit www.ibef.orgHIMACHAL PRADESH42
STATE ACTS & POLICIES
Objectives
Industrial Policy 2013
To achieve environmentally sustainable and balanced industrial growth leading to more employment opportunities,
income generation and overall economic development of the state. Read more
Eco-Tourism Policy 2017
To preserve and protect natural, both flora and fauna, and cultural heritage of Himachal Pradesh, attract tourists
and visitors to the state, provide opportunities to enhance livelihood of local people and generate resources for
sustainable development. Read more
IT Policy 2009
Action plan to harness potential benefits offered by the IT sector.
To use IT for heralding world class e-tourism in the state. Read more
Hydro Policy
To focus on capacity addition, energy security, access and availability, affordability, efficiency, environment and
local employment. Read more
Himachal Pradesh State
Water Policy 2013
To ensure the planning, development and management of water resources. The policy directs that the use of water
should be optimised and an awareness of water as a scarce resource should be fostered. Read more
Himachal Pradesh
Private Universities Act,
2009
To help in establishment and regulation of private universities in the state for higher education and to regulate their
functioning and for matters connected therewith or incidental thereto.
Read more
Himachal Pradesh Solar
Power Policy, 2016
The policy was framed with the objective of increasing the portion of renewable energy in total energy consumption
by the state.
To provide 24X7 power among remote and rural areas of the state through distributed supply of solar power for
meeting the basic needs of people living in the mountains. Read more
44. For updated information, please visit www.ibef.orgHIMACHAL PRADESH44
ANNEXURE…(1/2) - SOURCES
Data Sources
GSDP (state) Directorate of Economics & Statistics of Himachal Pradesh
Per capita GSDP figures Directorate of Economics & Statistics of Himachal Pradesh, Central Statistics Office
GSDP (India) Central Statistics Office
Installed power capacity (MW) Central Electricity Authority, As of September 2018
Wireless subscribers (No) Telecom Regulatory Authority of India, As of July 2018
Internet subscribers (Mn) Telecom Regulatory Authority of India, As of June 2018
National highway length (km) NHAI, Roads and Building Department-Government of India
Airports (No) Airports Authority of India
Literacy rate (%) Census 2011
Birth rate (per 1,000 population) SRS Bulletin September 2017
Cumulative FDI equity inflows (US$ billion) Department of Industrial Policy & Promotion
Operational PPP projects (No) DEA , Ministry of Finance, Government of India
45. For updated information, please visit www.ibef.orgHIMACHAL PRADESH45
ANNEXURE…(2/2) - EXCHANGE RATES
Exchange Rates (Fiscal Year) Exchange Rates (Calendar Year)
Year INR INR Equivalent of one US$
2004–05 44.95
2005–06 44.28
2006–07 45.29
2007–08 40.24
2008–09 45.91
2009–10 47.42
2010–11 45.58
2011–12 47.95
2012–13 54.45
2013–14 60.50
2014-15 61.15
2015-16 65.46
2016-17 67.09
2017-18 64.45
Q1 2018-19 67.04
Q2 2018-19 70.18
Year INR Equivalent of one US$
2005 44.11
2006 45.33
2007 41.29
2008 43.42
2009 48.35
2010 45.74
2011 46.67
2012 53.49
2013 58.63
2014 61.03
2015 64.15
2016 67.21
2017 65.12
Source: Reserve Bank of India, Average for the year
46. For updated information, please visit www.ibef.orgHIMACHAL PRADESH46
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