- 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.
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 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 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.
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.
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 $2,692. It has a literacy rate of 82.8%.
- The state is a tourism paradise known for its natural beauty, receiving over 19 million visitors annually. It also has significant hydroelectric potential.
- Agriculture is important to the economy, with wheat and vegetables being key crops. The government is focusing on improving productivity.
- Other sectors discussed include infrastructure development, business opportunities, and the state's policies and acts.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate and is a popular tourist destination known for its natural beauty.
- Agriculture is a major economic driver and the government is increasing productivity. Hydroelectric power is also important.
- The state has a rich cultural heritage evident in its handicrafts industry. It has strong potential in sectors like hydropower, horticulture, and tourism.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economy growing at 6.3% annually with a per capita GSDP of Rs. 173,469 (US$ 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 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
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 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 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.
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.
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 $2,692. It has a literacy rate of 82.8%.
- The state is a tourism paradise known for its natural beauty, receiving over 19 million visitors annually. It also has significant hydroelectric potential.
- Agriculture is important to the economy, with wheat and vegetables being key crops. The government is focusing on improving productivity.
- Other sectors discussed include infrastructure development, business opportunities, and the state's policies and acts.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economic growth rate and is a popular tourist destination known for its natural beauty.
- Agriculture is a major economic driver and the government is increasing productivity. Hydroelectric power is also important.
- The state has a rich cultural heritage evident in its handicrafts industry. It has strong potential in sectors like hydropower, horticulture, and tourism.
The document provides an overview of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has a strong economy growing at 6.3% annually with a per capita GSDP of Rs. 173,469 (US$ 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 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
- 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.
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
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.
Himachal Pradesh has seen strong economic growth, with its GSDP reaching Rs. 1.25 trillion (US$18.67 billion) in 2016-17. The state is a tourist paradise known for its natural beauty, with over 19 million tourists visiting in 2017. Agriculture is a key sector and the government is working to increase productivity. Himachal Pradesh also has significant hydroelectric power potential due to its rivers and has fully electrified all villages. The state has a rich cultural heritage evident in its handicrafts industry.
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has seen strong economic growth in recent years, with its per capita GSDP estimated at Rs 186,777.57 (US$ 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 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.
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.
Arunachal Pradesh has the largest hydropower potential in India at 60,000 MW. It is the largest state in Northeast India with an area of 83,743 sq km. The state's economy is largely based on agriculture, with rice being the main crop produced. It also has a developing textiles industry, particularly carpet making, which has received national and international recognition. Infrastructure projects like railway lines and NLCPR projects are being implemented to boost the state's development.
The document provides information on Arunachal Pradesh's physical and economic infrastructure. Some key points:
- Arunachal Pradesh has huge hydropower potential of 50,328 MW, but currently has only 116.55 MW installed capacity. Railway lines are being constructed to improve connectivity.
- The economy is growing with GSDP increasing at a 14% CAGR between 2011-12 and 2017-18. The primary sector contributes the most to GSVA.
- Exports have increased but remain low at $5.32 million in FY18 and $1.84 million in FY19. Carpet making and textiles are key sectors.
- Uttar Pradesh is a leading tourist destination in India, receiving over 3 million foreign tourists in 2015.
- The state budget of Uttar Pradesh grew 5.3% in 2016-17 to US$53 billion.
- Uttar Pradesh is a major producer of foodgrains and vegetables in India, producing over 46 million tonnes of foodgrains and 26 million tonnes of vegetables in 2015-16.
- Uttar Pradesh is the most populous state in India with over 199 million people.
- The state has a strong agricultural base and is the largest producer of foodgrains in India. Major crops include rice, wheat, vegetables.
- The state budget grew 5.3% in 2016-17 to US$53 billion. Infrastructure such as roads, airports, and power capacity have also expanded.
- Uttar Pradesh is emerging as a hub for the IT/ITeS industries and semiconductor manufacturing and offers various incentives for business.
Uttar Pradesh has a strong agricultural base and is the largest producer of food grains in India. In 2015-16, the state produced 46,547.9 thousand tonnes of food grains. The key crops produced in the state include wheat, rice, vegetables, fruits, spices, pulses, potatoes and onions. Uttar Pradesh accounted for 18.39% of India's total food grain output in 2015-16. The state also has a large horticulture industry and is the second largest producer of vegetables in India.
Uttar Pradesh is India's largest state by population with 199.81 million people. Its economy has grown significantly in recent years, with Gross State Domestic Product increasing from US$58.2 billion in 2005-06 to US$206.90 billion in 2017-18. The state is a leader in food grain production and its budget grew 10.9% in 2017-18 to US$59.7 billion. Uttar Pradesh also has a strong base in tourism, horticulture, and infrastructure is developing rapidly through initiatives like expanding airports and highways.
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 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.
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.
Uttarakhand has witnessed strong economic growth in recent years driven by thriving tourism, industrial development, and hydropower potential. The state's GSDP increased at a CAGR of 5.34% between FY12-18 reaching $33.61 billion in FY18. Key sectors include tourism, hydropower, agriculture and manufacturing. Uttarakhand also has a highly literate population and good infrastructure to support business growth. The state government is focused on developing hydropower and promoting sectors like IT, agriculture and tourism to transition the economy towards a green model by 2022.
Uttarakhand has experienced rapid economic growth in recent years. Its GSDP increased at a CAGR of 6.38% from 2011-12 to 2016-17, reaching $30.29 billion. The state's per capita GSDP and NSDP also grew substantially during this period. Uttarakhand has strong potential for development in sectors like hydropower, tourism, horticulture, and floriculture due to its natural resources and location in the Himalayan foothills. The state aims to further promote industries, infrastructure, education, healthcare and tourism by 2022 to establish itself as a global economic hub.
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 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 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.
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
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.
Himachal Pradesh has seen strong economic growth, with its GSDP reaching Rs. 1.25 trillion (US$18.67 billion) in 2016-17. The state is a tourist paradise known for its natural beauty, with over 19 million tourists visiting in 2017. Agriculture is a key sector and the government is working to increase productivity. Himachal Pradesh also has significant hydroelectric power potential due to its rivers and has fully electrified all villages. The state has a rich cultural heritage evident in its handicrafts industry.
The document provides an overview of the economy of Himachal Pradesh, India. Some key points:
- Himachal Pradesh has seen strong economic growth in recent years, with its per capita GSDP estimated at Rs 186,777.57 (US$ 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 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.
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.
Arunachal Pradesh has the largest hydropower potential in India at 60,000 MW. It is the largest state in Northeast India with an area of 83,743 sq km. The state's economy is largely based on agriculture, with rice being the main crop produced. It also has a developing textiles industry, particularly carpet making, which has received national and international recognition. Infrastructure projects like railway lines and NLCPR projects are being implemented to boost the state's development.
The document provides information on Arunachal Pradesh's physical and economic infrastructure. Some key points:
- Arunachal Pradesh has huge hydropower potential of 50,328 MW, but currently has only 116.55 MW installed capacity. Railway lines are being constructed to improve connectivity.
- The economy is growing with GSDP increasing at a 14% CAGR between 2011-12 and 2017-18. The primary sector contributes the most to GSVA.
- Exports have increased but remain low at $5.32 million in FY18 and $1.84 million in FY19. Carpet making and textiles are key sectors.
- Uttar Pradesh is a leading tourist destination in India, receiving over 3 million foreign tourists in 2015.
- The state budget of Uttar Pradesh grew 5.3% in 2016-17 to US$53 billion.
- Uttar Pradesh is a major producer of foodgrains and vegetables in India, producing over 46 million tonnes of foodgrains and 26 million tonnes of vegetables in 2015-16.
- Uttar Pradesh is the most populous state in India with over 199 million people.
- The state has a strong agricultural base and is the largest producer of foodgrains in India. Major crops include rice, wheat, vegetables.
- The state budget grew 5.3% in 2016-17 to US$53 billion. Infrastructure such as roads, airports, and power capacity have also expanded.
- Uttar Pradesh is emerging as a hub for the IT/ITeS industries and semiconductor manufacturing and offers various incentives for business.
Uttar Pradesh has a strong agricultural base and is the largest producer of food grains in India. In 2015-16, the state produced 46,547.9 thousand tonnes of food grains. The key crops produced in the state include wheat, rice, vegetables, fruits, spices, pulses, potatoes and onions. Uttar Pradesh accounted for 18.39% of India's total food grain output in 2015-16. The state also has a large horticulture industry and is the second largest producer of vegetables in India.
Uttar Pradesh is India's largest state by population with 199.81 million people. Its economy has grown significantly in recent years, with Gross State Domestic Product increasing from US$58.2 billion in 2005-06 to US$206.90 billion in 2017-18. The state is a leader in food grain production and its budget grew 10.9% in 2017-18 to US$59.7 billion. Uttar Pradesh also has a strong base in tourism, horticulture, and infrastructure is developing rapidly through initiatives like expanding airports and highways.
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 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.
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.
Uttarakhand has witnessed strong economic growth in recent years driven by thriving tourism, industrial development, and hydropower potential. The state's GSDP increased at a CAGR of 5.34% between FY12-18 reaching $33.61 billion in FY18. Key sectors include tourism, hydropower, agriculture and manufacturing. Uttarakhand also has a highly literate population and good infrastructure to support business growth. The state government is focused on developing hydropower and promoting sectors like IT, agriculture and tourism to transition the economy towards a green model by 2022.
Uttarakhand has experienced rapid economic growth in recent years. Its GSDP increased at a CAGR of 6.38% from 2011-12 to 2016-17, reaching $30.29 billion. The state's per capita GSDP and NSDP also grew substantially during this period. Uttarakhand has strong potential for development in sectors like hydropower, tourism, horticulture, and floriculture due to its natural resources and location in the Himalayan foothills. The state aims to further promote industries, infrastructure, education, healthcare and tourism by 2022 to establish itself as a global economic hub.
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 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
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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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 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 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.
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 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 a state located in northern India that has emerged as a major business and industrial hub. It has a Gross State Domestic Product of $84.96 billion and is a leading producer of food grains and home to major automobile companies. The state government is focusing on developing infrastructure through projects like special economic zones, industrial parks, and improving connectivity. Haryana also aims to boost sectors like tourism, agriculture, and renewable energy to achieve its vision of being a progressive and prosperous state.
Rajasthan has a thriving tourism industry centered around its historic palaces. It is a leading producer of agricultural products and crude oil. The state has focused on renewable energy and provides a conducive policy environment for business. Rajasthan's economy has grown strongly, with services becoming the largest sector, and the state continues to invest in agriculture, infrastructure, and social development.
The document provides an overview of the Indian state of Haryana. Some key points:
- Haryana has a strong economy growing at 11.79% CAGR from 2005-2016 and is a leading manufacturing and food production hub.
- The state aims to further develop infrastructure, housing, tourism, education and support agriculture under its State Vision 2018 plan.
- Haryana's GSDP in 2015-16 was US$ 75.3 billion with per capita GSDP of US$ 2,963. The tertiary sector contributes over 50% to the economy.
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.
Madhya Pradesh has a strong economy that is growing at a CAGR of 15.21% between FY12-FY17. The state is rich in natural resources like coal, diamond and copper. It also has potential for tourism due to its cultural and religious heritage as well as a thick forest cover. Madhya Pradesh has excellent connectivity and infrastructure support for business with upcoming special economic zones, industry parks, and solar power capacity.
Madhya Pradesh has a strong economy driven by agriculture and natural resources. The state has ample reserves of coal, diamond, copper, and other minerals. Agriculture is the main source of livelihood, with wheat, soybean, rice, and sugarcane being major crops. Madhya Pradesh also has potential for tourism due to its cultural heritage and forest cover, and is emerging as a hub for renewable energy such as solar power. The state government is focusing on improving infrastructure, attracting investment, and developing skills to further boost the economy.
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.
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$84.96 billion and is a leading manufacturing hub for automobiles and other industries. The state also has a highly developed infrastructure and offers various incentives for business. Key sectors of opportunity include IT, manufacturing, agriculture, and tourism.
Haryana is known as the "bread basket of India" due to its large production of wheat and other grains. The document provides an overview of Haryana's economy and business opportunities. It highlights that Haryana has a growing GDP and is a leading manufacturing hub in India, home to major automobile companies. The state also has a strong agricultural sector and is the second largest contributor of food grains to India. Further, the state is focusing on developing infrastructure like roads and industrial parks to promote business.
Bihar has experienced strong economic growth in recent years, with its GSDP growing at a CAGR of 12.13% between 2011-12 and 2016-17. The state has a large agricultural sector that employs around 80% of the population. Bihar is one of the largest producers of vegetables and fruits in India. The state is also focusing on developing other industries like food processing, dairy, and manufacturing to diversify its economy.
Similar to Himachal pradesh State Report October 2017 (18)
Tamil Nadu has a strong and growing economy, as evidenced by its GSDP which grew at a CAGR of 11.46% between 2011-12 and 2018-19, reaching Rs. 16.06 trillion (US$ 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
Independent Study - College of Wooster Research (2023-2024) FDI, Culture, Glo...AntoniaOwensDetwiler
"Does Foreign Direct Investment Negatively Affect Preservation of Culture in the Global South? Case Studies in Thailand and Cambodia."
Do elements of globalization, such as Foreign Direct Investment (FDI), negatively affect the ability of countries in the Global South to preserve their culture? This research aims to answer this question by employing a cross-sectional comparative case study analysis utilizing methods of difference. Thailand and Cambodia are compared as they are in the same region and have a similar culture. The metric of difference between Thailand and Cambodia is their ability to preserve their culture. This ability is operationalized by their respective attitudes towards FDI; Thailand imposes stringent regulations and limitations on FDI while Cambodia does not hesitate to accept most FDI and imposes fewer limitations. The evidence from this study suggests that FDI from globally influential countries with high gross domestic products (GDPs) (e.g. China, U.S.) challenges the ability of countries with lower GDPs (e.g. Cambodia) to protect their culture. Furthermore, the ability, or lack thereof, of the receiving countries to protect their culture is amplified by the existence and implementation of restrictive FDI policies imposed by their governments.
My study abroad in Bali, Indonesia, inspired this research topic as I noticed how globalization is changing the culture of its people. I learned their language and way of life which helped me understand the beauty and importance of cultural preservation. I believe we could all benefit from learning new perspectives as they could help us ideate solutions to contemporary issues and empathize with others.
Lecture slide titled Fraud Risk Mitigation, Webinar Lecture Delivered at the Society for West African Internal Audit Practitioners (SWAIAP) on Wednesday, November 8, 2023.
STREETONOMICS: Exploring the Uncharted Territories of Informal Markets throug...sameer shah
Delve into the world of STREETONOMICS, where a team of 7 enthusiasts embarks on a journey to understand unorganized markets. By engaging with a coffee street vendor and crafting questionnaires, this project uncovers valuable insights into consumer behavior and market dynamics in informal settings."
5 Tips for Creating Standard Financial ReportsEasyReports
Well-crafted financial reports serve as vital tools for decision-making and transparency within an organization. By following the undermentioned tips, you can create standardized financial reports that effectively communicate your company's financial health and performance to stakeholders.
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1. For updated information, please visit www.ibef.org October 2017
HIMACHAL PRADESH
ABODE OF THE GODS
2. Table of Content
Executive Summary……………………… 3
Advantage State………………………….. 4
Himachal Pradesh – An Introduction…… 5
Budget 2017-18………………………...... 11
Infrastructure Status……………….….… 16
Business Opportunities………….…...….. 34
Doing Business in Himachal Pradesh...... 60
State Acts & Policies………………..…… 61
3. For updated information, please visit www.ibef.orgHIMACHAL PRADESH3
EXECUTIVE SUMMARY
Source: Himachal Pradesh Economic Survey 2015-16
Himachal Pradesh is one of the fastest-growing states in India. Its per capita gross state domestic product
(GSDP) was estimated at US$ 2,692.48 during 2016-17.
Strong economic growth
Himachal Pradesh has a literacy rate of 82.8% compared with the national average of 73.0%.High literacy rate
Himachal Pradesh, known as the Land of Gods, is famous for its topographic diversity & pristine natural
beauty. In 2016, the state witnessed a total of 18.45 million tourists, out of which 17.99 million were domestic
tourists and 0.45 million were foreign tourists.
Tourists paradise
With a hydro power potential of 27,436 MW (of which just 3,421.51 MW has been harnessed), Himachal
Pradesh accounts for 25.9% of the country’s total hydro power potential. As of March 2016, all villages of
Himachal Pradesh had 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
Government’s emphasis on improving productivity has yielded positive results in the state. The production of
wheat was recorded to be 650.0 thousand metric tonnes in 2016-17. For the same period the production of
vegetables reached 1,500,000 metric tonnes.
Increasing agricultural
productivity
4. For updated information, please visit www.ibef.orgHIMACHAL PRADESH4
ADVANTAGE: HIMACHAL PRADESH
High economic growth and stable political
environment
GSDP grew at a compounded annual growth rate
(CAGR) of 11.48% between 2011-12 and 2016-17.
With a stable political environment and a single-party
government, the state Government is committed towards
creating a progressive business environment.
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%
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,
2004.
Himachal Pradesh has well drafted sector specific
policies for biotechnology and IT.
To promote and incentivise industry led sustainable
growth, Industrial Policy 2013 was launched by the
state government.
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.
2016-17
Tourism
sector’s
contribution
to GSDP
7.0%
2021-22
Tourism
sector’s
contribution
to GSDP
18%
Advantage
Himachal
Pradesh
Source: Himachal Pradesh Economic Survey 2015-16, News articles ; GSDP: Gross State Domestic Product
5. For updated information, please visit www.ibef.orgHIMACHAL PRADESH5
HIMACHAL PRADESH FACT FILE
Source: Government of Himachal Pradesh website, Economic Survey of Himachal Pradesh
Parameters Himachal Pradesh
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
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% to the net state domestic product.
It is the main source of income as well as employment in Himachal.
About 93% of the state population depends directly upon agriculture.
Source: Maps of India
6. For updated information, please visit www.ibef.orgHIMACHAL PRADESH6
HIMACHAL PRADESH IN FIGURES … (1/2)
Parameter Himachal Pradesh All states Source
Economy 2016-17 2015-16
GSDP as a percentage of all states’ GSDP 0.82 100.0
Directorate of Economics & Statistics of Bihar,
Central Statistics Office
GSDP growth rate (%) 11.48 11.69
Directorate of Economics & Statistics of Bihar,
Central Statistics Office
Per capita GSDP (US$) 2,692.48 1,788.95
Directorate of Economics & Statistics of Bihar,
Central Statistics Office
Physical Infrastructure
Installed power capacity (MW) 4,008.22 329,298.27 Central Electricity Authority, as of September 2017
Wireless subscribers (No) 10,722,791 1,186,790,005
Telecom Regulatory Authority of India, as July
2017
Internet subscribers 3,740,000 431,210,000
Telecom Regulatory Authority of India, as of June
2017
National highway length (km) 2,622.48 100,087.08 NHAI & Roads and Building Department
Airports (No) 3 125 Airports Authority of India
7. For updated information, please visit www.ibef.orgHIMACHAL PRADESH7
HIMACHAL PRADESH IN FIGURES … (1/2)
1Including Chandigarh, Punjab and Haryana; PPP: Public-Private Partnership, SRS: Sample Registration System
Parameter Himachal Pradesh All states Source
Social Indicators 2015-16 2015-16
Literacy rate (%) 82.8 73.0 Census 2011
Birth rate (per 1,000 population) 16.3 20.8 SRS Bulletin
Investment
FDI equity inflows (US$ billion) 1.371 342.52
Department of Industrial Policy & Promotion, April
2000 to June 2017
Industrial Infrastructure
PPP projects operational (No) 36 1,246
Ministry of Finance, Government of India, July
2016
8. For updated information, please visit www.ibef.orgHIMACHAL PRADESH8
1636
1846
2094
2282.56
2468.55
2692.48
0
500
1000
1500
2000
2500
3000
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
11.29
12.85
14.71
16.17
17.64
19.44
0.00
5.00
10.00
15.00
20.00
25.00
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
ECONOMIC SNAPSHOT – GSDP
GSDP of Himachal Pradesh at current prices (in US$ billion) GSDP per capita of Himachal Pradesh at current prices (in US$)
At current prices, Himachal Pradesh’s GSDP stood at around US$
19.44 billion in 2016-17.
GSDP of the state grew at a CAGR of 11.48%, between 2011-12
and 2016-17.
Himachal Pradesh’s per capita GSDP^ increased to US$ 2,692.48
over 2016-17 from US$ 1636 during 2011-12.
Average per capita GSDP of Himachal Pradesh grew at a CAGR
of 10.48% between 2011-12 and 2016-17.
Source: TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Himachal Pradesh; Per Capita GSDP^ - calculated using GSDP million
USD / Population in million
CAGR 11.48% CAGR 10.48%
9. For updated information, please visit www.ibef.orgHIMACHAL PRADESH9
ECONOMIC SNAPSHOT – NSDP
NSDP of Himachal Pradesh at current prices (in US$ billion) NSDP per capita of Himachal Pradesh at current prices (in US$)
At current prices, Himachal Pradesh’s net state domestic product
(NSDP#) was estimated at US$ 16.3 billion during 2016-17.
NSDP increased at a CAGR of 11.65%, between 2011-12 and
2016-17.
Himachal Pradesh’s per capita NSDP& increased to US$ 2267.25
over 2016-17 from US$ 1362 during 2011-12.
Average per capita NSDP increased at a CAGR of 10.74%
between 2011-12 and 2016-17.
Source: TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Himachal Pradesh
NSDP# - calculated using per capita NSDP x Population in million
Per Capita NSDP& - Geometric mean of YoY calculation from 2004-05 to 2014-15
9.4
10.8
12.4
13.7
15.0
16.3
0.0
2.0
4.0
6.0
8.0
10.0
12.0
14.0
16.0
18.0
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
1361.55
1547.95
1770.91
1929.69
2105.02
2267.25
0.00
500.00
1000.00
1500.00
2000.00
2500.00
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
CAGR 10.74%CAGR 11.65%
10. For updated information, please visit www.ibef.orgHIMACHAL PRADESH10
17.16%
14.84%
43.81%
41.14%
39.03% 44.02%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2011-12 2016-17
Primary Sector Secondary Sector Tertiary Sector
ECONOMIC SNAPSHOT – PERCENTAGE
DISTRIBUTION OF GSDP
During 2016-17, the tertiaryµ sector accounted for 44.02% share in
the over GSVA of the state, followed by secondary sector and
primary sector with contributions of 41.14% and 14.84%,
respectively.
The tertiaryµ sector witnessed the fastest growth at a CAGR of
13.47% between 2011-12 and 2016-17.
Agriculture retains a major share of the primaryµ sector. Community
and personal services are the main components of the tertiary
sector.
Visakhapatnam port traffic (million tonnes)GSVA composition by sector
7.59%
13.47%
9.39%
CAGR
Source: TechSci Estimates based on “Advanced Estimates” provided by Directorate of Economics and Statistics of Himachal Pradesh, TechSci Research
Sector-wise %share of GSDPµ -Geometric mean of YoY calculation from 2004-05 to 2014-15
11. For updated information, please visit www.ibef.orgHIMACHAL PRADESH11
BUDGET 2017-18 … (1/2)
Budget for 2017-18 (proposed to be US$ 5.55 billion):
Budget 2017-18
Sector/Departments Budget (in US$ million)
Animal husbandry 58.05
Ayurveda 37.87
Health & medical education 266.96
Horticulture 65.81
MPP & power 182.84
Education 962.94
Technical education 34.14
Transport Nagars 0.62
Agriculture 75.12
As per budget 2017-18, the growth rate of the state’s gross domestic
product (GDP) during 2016-17 is estimated to be 9.59% as
compared to the national GDP of 7.1% during 2016-17.
An annual plan of US$ 884.72 million has been proposed by the
state government for 2017-18 out of which US$ 228.88 million has
been proposed for scheduled caste component plan, US$ 59.62
million for tribal sub plan and US$ 10.86 million for backward area
sub plan.
The amount of “Vidhayak Nidhi” increased from US$ 0.15 million to
US$ 0.17 million, which is to be provided to each MLA of the state
under the “Vidhayak Kshetriya Vikas Nidhi Yojana”
Budget endowment of US$ 34.15 million has been made by the state
government for the execution of State Food Subsidy Scheme in the
state during 2017-18.
Source: Himachal Pradesh Budget Speech 2016-17
12. For updated information, please visit www.ibef.orgHIMACHAL PRADESH12
BUDGET 2016-17 … (2/2)
Budget highlights:
Unemployment Allowance of US$ 15.52 per month to unemployed youth and US$ 23.28 per month to disabled unemployed youth.
A Software Technology Park will be set up in Shimla providing employment to over 400 IT professionals.
Increment in the amount of “Vidhayak Kshetriya Vikas Nidhi Yojna” to US$ 0.17 million from US$ 0.15 million.
Increase in subsidy under “Mukhya Mantri Khet Sanrakshan Yojna” from 60% to 80% with provision of US$ 4.65 million
New scheme, “Mukhya Mantri Green House Renovation Scheme” launched for replacement of polysheets.
75% subsidy will be provided for setting up of Milk Processing and Chilling Plants by Dairy Co-operative Societies.
Allocation of US$ 7.76 million for AMRUT scheme.
Allocation of US$ 40.35 million for Disaster Management.
Launch of new scheme- “Integrated Scheme for Development of Handloom and Handicraft"
Launch of new scheme- “Mukhyamantri Khel Vikas Yojana" to develop 68 playgrounds in the state.
Two industrial areas will be made functional in Pandonga and Kandrori.
Second phase of State Road Project will be started with investment worth US$ 116.41 million.
Cultural centre for tourists will be developed at Bantony Castle.
13. For updated information, please visit www.ibef.orgHIMACHAL PRADESH13
ECONOMIC SNAPSHOT – AGRICULTURAL
PRODUCTION… (1/2)
Source: Himachal Pradesh Economic Survey 2015-16; Himachal Pradesh State Budget 2016-17
In budget 2017-18, US$ 75.12 million was proposed for the
Agriculture department.
Agriculture is a key livelihood for the people of Himachal Pradesh
and holds a significant share in the state’s economy. Out of the
state’s total cultivated area, 80% of the area is rain fed. Therefore,
the agricultural performance of the state depends mainly upon the
functioning of the monsoons in the state.
The state government is focusing on the production of potato, ginger,
off-season vegetables, oilseeds and pulses as well as increasing the
production of cereal crops in the state. For the promotion of off-
season vegetables, the state government has proposed US$ 7.76
million as per the budget 2017-18.
Agriculture production in Himachal Pradesh
(‘000 metric tonnes)
Crop 2014-15 2015-16
2016-17
(Anti.Ach.)
2017-18
(Target)
Rice 127.38 129.88 131.0 132
Maize 735.96 737.65 750.0 740
Ragi 1.91 1.93 3.50 2.00
Small
millets
3.39 3.09 6.00 3.70
Wheat 648.29 667.62 650.0 670.0
Barley 36.70 34.33 38.0 36.0
Gram 0.38 0.38 3.50 0.45
Other
Pulses
53.88 59.17 18.0 61.00
Potato 181.38 183.25 195.0 200.0
Vegetables 1,576.45 1,608.55 1,500.00 1,400.00
Ginger 16.50 32.33 35.00 32.70
Major crops produced in Himachal Pradesh
Cereals Rice, wheat and maize
Pulses
Kharif: urad, moong, rajmah and bean;
Rabi: gram lentil
Oilseeds
Kharif: sunflower, groundnut and soyabean;
Rabi: toria and rapeseed/mustard
14. For updated information, please visit www.ibef.orgHIMACHAL PRADESH14
ECONOMIC SNAPSHOT – AGRICULTURAL
PRODUCTION… (2/2)
As per budget 2016-17, a new scheme - “Mukhya Mantri Khet Sanrakshan Yojna” has also been introduced by the state government under which
an assistance of 60% would be provided to farmers for their farm fencing, which would be energised with the support of electricity or solar power.
The assistance under this scheme was increased to 80% in Budget 2017-18.
To boost bio-pesticides, bio-fertilisers & organic farming techniques in the state, Government of Himachal Pradesh has proposed to inaugurate an
“Integrated Action Plan”. The state government has also allocated a sum of US$ 1.52 million for the continuation of Rajeev Gandhi Micro Irrigation
Scheme.
As per Budget 2017-18, standard operating procedures are applicable for farmers, unemployed youth, government employees, daily wagers and
contractual employees, across the state.
Source: Himachal Pradesh Economic Survey 2015-16; Himachal Pradesh State Budget 2016-17
15. For updated information, please visit www.ibef.orgHIMACHAL PRADESH15
ECONOMIC SNAPSHOT – FDI INFLOWS &
INVESTMENTS
According to the Department of Industrial Policy & Promotion (DIPP),
during April 2000 to June 2017, FDI inflows1 in the state totalled to
US$ 1.37 billion.
Tertiary sector contributed around 44.02% to the GSVA of the state
during 2016-17.
Visakhapatnam port traffic (million tonnes)FDI equity inflows1, 2009-10 to 2016-17 (US$ million)
Source: Department of Industrial Policy & Promotion; 1Including Chandigarh, Punjab and Haryana
224
416
130
47
91
39
27 6 2
0
50
100
150
200
250
300
350
400
450
2009-10 2011-12 2013-14 2015-16 2017-18*
Note: * - data from April-June 2017
16. For updated information, please visit www.ibef.orgHIMACHAL PRADESH16
PHYSICAL INFRASTRUCTURE – ROADS… (1/2)
Source: Himachal Pradesh Economic Survey, 2015-16; State Budget 2016-17
In budget 2017-18, US$ 526.79 million was proposed to be allocated
for public works department.
Since much of the state is hilly, roads play a vital role in
transportation. As of 2015-16, the state had 2,622.48 km of national
highways. 2,544.91 km of major district roads and 1,466.3 km of
state highways. By the end of December 2015, a cost of US$ 16.12
million have been incurred by the national highway improvement
processes being undertaken in the state.
Further, the state recorded a fleet strength of 2,748 buses at the end
of December 2015.
By the end of December 2015, the state government approved
financial assistance of US$ 835.31 million under Rural Infrastructure
Development Fund (RIDF) for the execution of 5,238 projects in the
state. Out of this allocation, 51% was accounted for by rural roads
and bridges.
As per budget 2016-17, a network of 34,133 km of motorable roads
existed in the state that connects 3,117 panchayats. The state
government has also decided to boost the construction of new
bridges and alternate roads for reducing distances. These are being
constructed under PPP.
The announcement of completion of 1,933 roads out of 2,354
authorised roads was also made as per Budget 2016-17. Moreover,
the state government has submitted a proposal of 188 projects to
the Government of India, which also includes 26 bridges amounting
to US$ 111.82 million
Source: Maps of India
17. For updated information, please visit www.ibef.orgHIMACHAL PRADESH17
PHYSICAL INFRASTRUCTURE – ROADS… (2/2)
An outlay of US$ 7.76 million was allocated by the state government for the newly launched scheme ”Mukhya Mantri Sadak Yojna” which would
provide last mile connectivity to habitations/villages. Further, the construction of 30 bridges and 380 km of motorable roads is projected by the
state government during 2016-17. In addition, budgetary provision of US$ 7.76 million has been estimated by the state government for mounting
accident prone sites with the steel crash barriers during 2017-18.
In January 2017, the state government laid the foundation stones of two village link roads besides the rejuvenation of a pond in Haroli assembly. A
sum of US$ 576,923.07 will be spent on construction of two roads from Haroli to Gugga temple and from Lower Haroli to Dhol Majra.
Source: Himachal Pradesh Economic Survey, 2015-16; State Budget 2016-17
18. For updated information, please visit www.ibef.orgHIMACHAL PRADESH18
PHYSICAL INFRASTRUCTURE – RAILWAYS
Source: Himachal Pradesh Economic Survey, 2015-16; State Budget 2016-17
Himachal Pradesh falls under the Northern Railways network.
The state has three railway lines (2 narrow and 1 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.
In the railway budget 2015-16, the state government announced
plans to conduct a survey for the Baddi-Bilaspur rail line in 2016-17.
The rail line is under construction, as of 2017.
The state government also announced that the government would
bear 50% of cost incurred in the expansion project of ‘Chandigarh-
Baddi Broad Gauge Rail Line’ and 25% of the cost incurred in the
expansion of ‘Bhanupali-Bilaspur-Beri Broad Gauge Rail Line’. The
estimated cost of ‘Bhanupali-Bilaspur-Beri Broad Gauge Rail Line’ is
US$ 491.7 million and for ‘Chandigarh-Baddi Broad Gauge Rail
Line,’ the estimated cost of expansion is US$ 277.37 million.
Further, construction of railway over bridges would be the priority of
the government.
The decision was taken in order to boost the railway expansion
programme, as railways continue to be an important link for the
state’s development.
19. For updated information, please visit www.ibef.orgHIMACHAL PRADESH19
PHYSICAL INFRASTRUCTURE – AIRPORTS… (1/2)
Source: Himachal Pradesh Economic Survey, 2015-16; State Budget 2016-17
There are 3 airports in Himachal Pradesh – at Kullu (Bhuntar),
Kangra (Gaggal) & Shimla (Jubbar Hatti).
At Shimla airport, work on widening a runway to 30 metres was
finished during 2015-16 & the operation of flights from the airport is
expected to be initiated very soon. However, the state government
has made a correspondence with the Airports Authority of India for a
proposal to further expand the 1,128 metre long runway by an
additional 600 metres. Also, a proposal for the expansion of 1,372
metre long Gaggal runway to 1,800 metres has been made by the
Airports Authority of India.
Participation of private players would be encouraged to initiate
helicopter services from Chandigarh to Shimla & other tourist
destinations, in turn promoting tourism in the state.
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.
There are 63 operational helipads, with plans for a few more
helipads in the pipeline. New helipads are planned to be developed
in Shimla & multiple tourist destinations across the state to boost the
tourism activities. In–principal approvals for construction of new
helipads at Banderaru near Sanjauli - Dhalli byepass road and
Chowari, Distt. Chamba have been given.
20. For updated information, please visit www.ibef.orgHIMACHAL PRADESH20
PHYSICAL INFRASTRUCTURE – AIRPORTS… (2/2)
Source: Himachal Pradesh Economic Survey, 2015-16; State Budget 2016-17
A new international airport is also proposed in Sunder Nagar district.
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. Presently, these services are being operated in the Mani-Mahesh sector, Chamba district, during the Mani-Mahesh Yatra.
In March 2017, the Gaggal airport of Kangra recorded 148 aircraft movements and passenger traffic of 8,997 people.
In April 2017, the central government has planned to scrutinise the Bhuntar airport and the Simla airport, along with numerous other airports
across the country, under the project Udan in order to manage the rapidly increasing domestic air passenger traffic.
Airport indicators for Gaggal Airport, Kangra
Parameter 2014-15 2015-16 2016-17
Aircraft movement (nos.) 1,550 1,258 1,841
Passenger traffic (nos.) 55,546 78,544 108,245
21. For updated information, please visit www.ibef.orgHIMACHAL PRADESH21
840
13332
5995
3237
4032
0
2000
4000
6000
8000
10000
12000
14000
Yamuna Satluj Beas Ravi Chenab
Source: Himachal Pradesh Economic Survey, 2015-16
PHYSICAL INFRASTRUCTURE – POWER … (1/2)
Himachal Pradesh is naturally suited for hydropower generation and
accounts for around 25.9% of India’s total hydropower potential.
As per estimates, the state has the potential to generate 27,436 MW
of hydro power through the construction of various hydel projects on
river basins. The largest potential for electricity generation lies on
the river Satluj (13,332 MW), followed by Beas (5,995 MW), Chenab
(4,032 MW) and Ravi (3,237 MW).
Through preliminary hydrological, topographical and geological
investigations, it has been estimated that about 27,436 MW of
hydroelectric potential can be exploited in the state by constructing
various major, medium, small and mini/micro hydroelectric projects
on these five river basins.
Of this hydel potential, 9,433 MW of projects have already been
commissioned, while 3,490 MW of projects are under
execution/construction.
Himachal Pradesh is one of the few states in India where power
delivered to consumers is entirely metered.
In May 2017, the state government voiced intentions to commission
a 100 MW Sainj Hydroelectric Project constructed by the Himachal
Pradesh Power Corporation Ltd in Kullu. The US$ 118.99 million
project, which was funded by the Asian Development Bank, will
generate 332 million units per annum.
Assessed hydro power potential (MW)
As of November 2016, Government of Himachal Pradesh allotted 95
small hydro power projects to 95 investors, with a total capacity of
197.69 MW. Of these, 74 projects with capacity of 126.69 MW were
allotted to investors within the state and 21 projects with capacity of
76 MW were awarded to investors from outside Himachal Pradesh.
Amplus Energy, secured a project to supply solar power at US$
0.0457 per unit for 25 years, in the state.
Himachal Pradesh has become the 18th state to join UDAY, a
central scheme for revival of debt stressed power distribution
companies, availing a net benefit of around US$ 125.72 million.
22. For updated information, please visit www.ibef.orgHIMACHAL PRADESH22
1,896.5
2,030.2
2,326.7
3,584.9
3,770.1
3,986.0
4,578.6
4,463.0
3,892.7
4,008.2
0.0
500.0
1,000.0
1,500.0
2,000.0
2,500.0
3,000.0
3,500.0
4,000.0
4,500.0
5,000.0
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17
2017-18
PHYSICAL INFRASTRUCTURE – POWER … (2/2)
As of September 2017, Himachal Pradesh had a total installed
power generation capacity of 4,008.22 MW.
Hydro power accounted for 2,910.48 MW of total installed power
generation capacity, followed by renewable power (836.04 MW) and
thermal power (232.75 MW).
Under thermal power, coal accounted for 170.74 MW and gas
accounted for 62.01 MW of total installed power.
As of September 2017, the private sector accounted for 1,571.43
MW of hydropower whereas the central sector accounted for
1,485.58 MW of hydropower.
As per Budget 2017-18, out of the total harnessed power of 10,351
MW, the state has been successful in attaining 830 MW of power
during 2015-16. The commissioning of hydro electric power projects
which include Sainj 100 MW, Uhal 100 MW and Kashang 65 MW is
expected to be fulfilled during 2016-17.
As per Budget 2017-18, the state government has allocated US$
182.84 million for MPP1 & Power sector.
The state government has undertaken various steps to enhance the
financial health of Himachal Pradesh State Electricity Board Limited,
a key electricity provider across every household in the state’s
remote areas, by providing loan liability of US$ 86.15 million to the
department.
In order to improve rural lines of the state by installing new
transformers and poles, the state government will offer an equity
contribution of US$ 7.63 million.
Installed power capacity (MW)
Note: 1MPP - Multi-Purpose Projects, 2Upto September 2017
Source: Central Electricity Authority
2
23. For updated information, please visit www.ibef.orgHIMACHAL PRADESH23
PHYSICAL INFRASTRUCTURE – TELECOM
Source: Telecom Regulatory Authority of India; Department of Telecommunications- Ministry of Communications & Information Technology, India Post, TechSci Research
1As of June 2017; GP-Gram Panchayat
According to the Telecom Regulatory Authority of India (TRAI),
Himachal Pradesh had nearly 10.72 million wireless subscribers and
138,947 wire-line subscribers as of July 2017.
According to the Department of Telecommunications, Government of
India, the state had 1,145 telephone exchanges and 10,350 public
call offices (PCOs) as of 2014-15.
As of July 31, 2017, the state had a high tele-density of 151.41%.
The major telecom operators in Himachal Pradesh are: Bharat
Sanchar Nigam Limited (BSNL), Bharti Airtel, Tata Teleservices,
Reliance Communications, Vodafone Essar, Aircel Limited and IDEA
Cellular Services
Telecom infrastructure (as of July 2017)
Wireless subscribers 10,722,791
Wire-line subscribers 138,947
Internet subscribers
1
3,740,000
Tele-density (in %) 149.58
Postal Facilities (2016-17 up to December 2016)
Head post offices 18
Sub post offices 450
Branch post offices 2,317
Total Post Offices 2,785
By the end of July 2017, 1,098,277 subscribers had submitted
requests for mobile number portability in Himachal Pradesh.
Performance status of NOFN (Bharat Net) project
(As of August 2017)
No. of GPs in Phase-I 283
Pipe laid (km) 212
Cable laid (km) 493
GPs for which cable laid 167
24. For updated information, please visit www.ibef.orgHIMACHAL PRADESH24
DEVELOPMENT PROJECTS: URBAN
INFRASTRUCTURE
Shimla is one of the 65 cities that have been identified under the Jawaharlal Nehru Urban Renewal Mission (JNNURM) for local infrastructure
development. As of 2014-15, under JNNURM, 8 projects worth US$ 44.7 million have been sanctioned for Shimla. Key areas of development are
roads & flyovers, water supply, solid-waste management & sewerage.
During 2015-16, 155 plots & 64 flats were constructed in the state. HIMUDA is planning deposit works for the construction of 122 flats and
establishment of 145 plots in the state during 2016-17.
In 2015-16, the state government will take in new housing schemes at Batoli Khurd, Sheel, Trilokpur as well as a commercial complex near the
Vikas Nagar petrol pump of Shimla. Under JNURRM, 176 flats at Dhalli, Shimla have been constructed by HIMUDA.
As per Budget 2016-17, the state government has launched a new scheme - "Lal Bahadur Shastri Kamgarevam Shahri Ajeevika Yojna"
(LAKSHYA) for delivering basic civic amenities & livelihood across every merged ward of Municipal Corporations & Nagar Panchayats.
In order to minimise parking problems in the state, the state government has made a budget provision of US$ 1.52 million for the urban local
bodies to construct parking lots. Moreover, to reduce the traffic congestion, the state government plans on widening the circular roads, for which
70 spots have been identified by PWD. Additionally, for the enhancement of vehicular movement in the state, work on alternate roads will also be
started.
The state government has also proposed an additional capital grant of US$ 0.68 million for the Municipal Corporation of Shimla to create parking,
enhance the playgrounds & widen the internal roads in the state.
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 3 years.
The state government has installed a 70 hi-tech sensor based underground waste bin network. This move is a remarkable step towards the Smart
City Mission of Dharamshala to help & manage waste in an advanced and smart manner.
Source: JNNURM, Ministry of Urban Development
25. For updated information, please visit www.ibef.orgHIMACHAL PRADESH25
DEVELOPMENT PROJECTS: PUBLIC-PRIVATE-
PARTNERSHIP (PPP) PROJECTS
Source: www.pppindiadatabase.com
Project name Sector Status Project cost US$ million
Sechi Hydro Electric Power Project Energy Operational 3.68
Common Effluent Treatment Plant (Baddi) Water sanitation Operational 13.46
Budhil Hydel Power Project Energy Operational 65
Beas Kund Hydel Power Project Energy Operational 11.77
Baspa Hydel Power Project - Stage II Energy Operational 147.33
Baragaon Hydel Power Project Energy Operational 27.13
Baner Hydel Power Project - Stage II Energy Operational 4.71
Allain Duhangan Hydel Power Project Energy Operational 32.06
Upper Joiner Hydel Power Project Energy Operational 11.21
Sumez Hydro Power Project Energy Operational 14.29
26. For updated information, please visit www.ibef.orgHIMACHAL PRADESH26
SOCIAL INFRASTRUCTURE – EDUCATION … (1/3)
Source: Himachal Pradesh Economic Survey 2015-16, Census 2011, State Budget 2016-17
As per Census 2011, the state has a literacy rate of 82.8% & the
male literacy rate is 89.53% & the female literacy rate is 75.93%
Sarva Shiksha Abhiyan, a programme that ensures each and every
child receives elementary education, is being implemented in the
state on a priority basis.
Net enrolment ratio (NER) at the elementary stage (6-14 age group)
of education in the state stood at more than 99%, indicating an
extremely small number of students outside the formal range of
education.
As of December 2016, there were a total of 10,738 notified primary &
2,113 notified middle schools in the state. Out of these, 10,735
primary & 2,103 middle notified schools are functional.
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.
An amount of US$ 962.94 million has been allotted for educational
development in the state under the annual budget of Himachal
Pradesh for 2017-18.
The central government intends to establish the National E-Vidhan
Academy (NEVA) in Himachal Pradesh to conduct training sessions
for legislators & parliamentarians pan India.
Literacy rates (%) (2015)
Literacy rate 82.80
Male literacy 89.53
Female literacy 75.93
The Department of Technical Education opened Rajiv Gandhi
Government Engineering college in 2015-16, under Rashtriya
Uchchatar Shiksha Abhiyan (RUSA), at Nagrota Bagwan in Kangra
and the Government of India has sanctioned US$ 3.97 million under
RUSA.
During 2015-16, there was a total enrolment of 57,724 students
under the technical education sector. Out of these, 6,920 students
enrolled in degree colleges, 1,030 students in B. Pharmacy, 10,178
students at diploma level and 39,596 students in ITIs/ITCs.
Under the Digital India Awards, Himachal Pradesh won the gold
award for best Mid-Day Meal Mobile App,
27. For updated information, please visit www.ibef.orgHIMACHAL PRADESH27
SOCIAL INFRASTRUCTURE – EDUCATION … (2/3)
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. As per the state budget 2016-
17, the state government has proposed to cover 340 more schools
under the same project during 2016-17.
There were 10,735 functional primary schools as of December 2016,
ensuring education at the granular level.
In order to provide extension of one year to teachers who have
delivered consistent and 100% results over past five years in the
Board examinations, the state government launched “Mukhya Mantri
Shikshak Samman Yojna”. Further, the state government also
proposed to initiate the “Mukhya Mantri Adarsh Vidyalya Yojna” and
has projected an amount of US$ 4.58 million for the same.
As per budget 2016-17, the state government is planning to initiate a
government polytechnic in Rehan, Kangra district for which a budget
estimate of US$ 31.16 million has been proposed by the state
government, during 2016-17. Moreover, the state government has
announced plans to establish an engineering college in Jeori, Shimla
district, very soon.
No of educational institutions (functional) December 2016
Primary 10,735
Middle 2,113
High schools 929
Senior secondary schools 1,719
Degree colleges 115
Source: Himachal Pradesh Economic Survey 2015-16, State Budget 2016-17, TechSci Research
Note: (1) : 2014-15
No of technical educational institutions 2015-16
Engineering colleges 22
Medical colleges 3
Dental colleges 5
Polytechnics 33
ITI/ITC 261
28. For updated information, please visit www.ibef.orgHIMACHAL PRADESH28
SOCIAL INFRASTRUCTURE – HEALTH
A provision of US$ 266.96 million has been made for the Department
of Health & Medical Education in the state’s annual budget 2017-18.
There are total 2,825 active healthcare institutions in the state as of
August 2017. The state Government has launched Himachal Health
Vision 2020, to provide effective & efficient health services.
In the state budget 2017-18, US$ 37.87 million has been allocated to
the state’s Ayurveda department. During 2015-16, pulse polio
campaigns were launched in the state, the 1st round of which took
place in January 2016. As per budget 2017-18, the state government
introduced a new scheme- “Mukhayamantri Shaya Rog Nivaran
Scheme”, which aims to eradicate Tuberculosis from the state by
2021.
Various health & family welfare activities that took place in the state
during 2017-18 include: National Leprosy Eradication Programme,
National Vector Borne Disease Control Programme, National
Programme for Control of Blindness, Revised National TB Control
Programme, Universal Immunisation Programme, National AIDS
Control Programme, etc.
The state has received approval from the Health Ministry to introduce
pneumonia vaccines in a planned manner from 2017.
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.
No of institutions Total facilities (as of August 2017)
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 2016-17, 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
6.7
Infant mortality rate
2
35.0
Health indicators (As of 2015-16)
Life expectancy at birth (years)
Male (2006-10) 67.7
Female (2006-10) 72.4
29. For updated information, please visit www.ibef.orgHIMACHAL PRADESH29
CULTURAL INFRASTRUCTURE… (1/2)
The Himachal Pradesh Sports Council oversees the state’s sports related activities.
The Indira Gandhi State Sports Complex provides training for judo, badminton, volleyball, gymnastics, table tennis, boxing, wrestling & martial
arts. The complex also has a fitness centre & an aerobics facility.
Adventure sports, such as river rafting, paragliding & trekking, are popular, given the climate & topography of Himachal Pradesh.
Kangra Valley is considered as the cultural capital of Himachal Pradesh; it is home to Dharamshala & Mcleodganj, a hub for Buddhist-Tibetan
culture. The district has several Buddhist monasteries and Hindu temples.
The S.M. Convention Centre in Palampur is one of the largest of its kind in the state. It has 25 rooms, 5 banquet halls, seminar rooms & a board
room.
The state government has proposed to increase the grant-in-aid to the district, state & national level fair. As per budget 2016-17, US$ 1.52 million
has been proposed for constructing indoor auditoriums in the District Head Quarters, which do not comprise such facilities. For channelising youth
energy across various programmes & sports, the state government has increased the grant-in-aid to sports associations in the state.
The Government of Himachal Pradesh has declared an outlay of US$ 0.15 million in the form of grant-in-aid & the budget estimate for building
multipurpose Indoor sports complexes was recorded to be US$ 2.29 million. These complexes are to be constructed at various sports facilities as
well as district headquarters of the state.
The state government in the Budget 2017-18, announced INR1000 per month as an unemployment allowance for the unemployed youth of the
state along with granting INR1500 per month allowance to the disabled unemployed youth.
Source: State Budget 2016-17
30. For updated information, please visit www.ibef.orgHIMACHAL PRADESH30
INDUSTRIAL INFRASTRUCTURE … (1/2)
As of January 2017, the state recorded 43,420 working units, of which, the large Industrial units were recorded to be 138 whereas the medium
scale units were 438.
An allocation of US$ 29.95 million has been made for Industries department in budget 2017-18.
For development of industrial infrastructure, the state government has planned the following under the state budget 2017-18:
• A single point portal for registration of industries will be operationalized.
• Two state of the art industrial areas will be set up in Pandonga and Kandrori.
• A bulk drug park is proposed to be set up in Baddi Barotiwala Nalagarh Industrial Area
• Allocation of US$ 1.55 million has been made for ‘State Mission on Food Processing’.
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.
31. For updated information, please visit www.ibef.orgHIMACHAL PRADESH31
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.
As of December 2016, the consumer price index for the state’s industrial workers was recorded to be 246 as compared to 238 in December 2015.
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.
32. For updated information, please visit www.ibef.orgHIMACHAL PRADESH32
AMRUT AND SMART CITIES
Source: Census 2011, TechSci Research
In Himachal Pradesh, Dharamsala and Shimla have been
nominated 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.
Alongside, a water supply scheme worth over US$ 4.48 million has
been sanctioned in August 2015. The scheme is anticipated to
double the drinking water supply to the residents of the city.
Under the AMRUT (Atal Mission for Rejuvenation and Urban
Transformation) Mission, Shimla has been selected. The State
Annual Action Plan has been approved for 27 projects at an amount
of US$ 24.28 million.
Cities Population Area (sq km)
Dharamsala 22,580 29.51
Shimla 269,578 35.34
33. For updated information, please visit www.ibef.orgHIMACHAL PRADESH33
KEY INDUSTRIES
The rich natural resources of the state are favourably suited for
investments in major sectors such as procurement of agricultural
produce, hydroelectric power, cement and tourism.
Himachal Pradesh has made significant achievements in the field of
industrialisation in the past few years.
Solan, Sirmour, Kangra and Una districts lead in terms of
investments attracted.
Small-scale village based industries play an important role in
employment generation in the state. In the small scale sector,
microscopes, various products including watch parts, thermometers
and hospital and heating equipment are manufactured. The village
industry consists of sheep-rearing, wood carving, blacksmithing,
spinning, weaving, leather tanning, pottery, handloom, handicrafts
and bamboo crafts.
Key industries in Himachal Pradesh
Textiles
Pharmaceuticals
Food procurement and processing
Light engineering
IT and electronics
Cement
Tourism
Hydropower
Animal husbandry
Agro-horticulture
Sericulture
34. For updated information, please visit www.ibef.orgHIMACHAL PRADESH34
KEY INDUSTRIES – AGRI AND PROCESSED FOOD
SECTOR … (1/4)
Food grains production per hectare (in metric tonnes)
Source: Himachal Pradesh Economic Survey 2015-16
Agriculture is the main occupation and the major source of employment in the state, as 89.96% of the population lives in rural areas
Major food crops in the state are rice, maize, wheat, barley, jowar, pulses, bajra and potato.
The state government is focusing on increasing productivity levels besides diversification towards high-value crops.
Production of principal crops (in ‘000 tonnes)
128.91 131.63 125.28 128.49 119.17 132.00 131
670.9 715.42 657.16 678.25 752.66 730.00 740
614.89 629.09
671.94 685.45 720.86 690.00 670
32.17 31.46 34.83 35.18 31.63 35.00 36
40.99 30.12 45.58 52.20 41.96 25.00 61.45
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17
Rice Maize Wheat Barley Pulses
1.96 1.96
2.05
2.13
2.14
1.85
1.9
1.95
2
2.05
2.1
2.15
2.2
2011-12 2012-13 2013-14 2014-15 2015-16
35. For updated information, please visit www.ibef.orgHIMACHAL PRADESH35
KEY INDUSTRIES – AGRI AND PROCESSED FOOD
SECTOR … (2/4)
With suitable agro-climatic conditions, Himachal Pradesh has
realised the importance of commercial crops, including off-season
vegetables, potatoes and ginger. The state has emerged as the
leading producer of off-season vegetables, with the annual yield
reaching a million tonnes during 2014-15. Production of commercial
crops reached 1,480,000 tonnes during 2015-16.
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.
In March 2017, the state government has revealed its plans to
promote organic farming in the state by including an additional 2,000
hectares under organic farms and developing 200 bio-villages during
the next fiscal year.
Source: Himachal Pradesh Economic Survey 2015-16; 1Target production
Some of the key players
Cremica Group
Adani Agri Fresh
Nestle India
Dabur
Production of commercial crops (in ‘000 tonnes)
In State Budget 2017-18, the Government of Himachal Pradesh
allocated US$ 75.12 million for the Department of Agriculture.
In Budget 2016-17, the government introduced a new scheme
Mukhya Mantri Khet Sanrakshan Yojna to provide financial
assistance of 60% for fencing of farms. This assistance was
increased to 80% in State Budget 2017-18.
206 153 183 205 191 200 195
1,269 1,357 1,398 1,430 1,450 1,480 1,500
0
200
400
600
800
1000
1200
1400
1600
1800
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17⁽¹⁾
Potato Vegetables
36. For updated information, please visit www.ibef.orgHIMACHAL PRADESH36
KEY INDUSTRIES – AGRI AND PROCESSED FOOD
SECTOR … (3/4)
Area under fruits (in ‘000 hectares) Production of fruits (in ‘000 tonnes)
Source: Himachal Pradesh Economic Survey 2015-16
Agro-climatic conditions favour cultivation of temperate to sub-tropical fruits in Himachal Pradesh.
Apple remains the major fruit produced, constituting about 85% total fruit cultivation.
Vegetables play a notable role in the agriculture sector of Himachal Pradesh.
186.9
191.7
197.4
200.5
204.6
208.2
211.3
214.6
218.3
220.7
224.3
226.7
0.0
50.0
100.0
150.0
200.0
250.0
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
369
713
628
382
1,028
373
556
866
752
929
510
0
200
400
600
800
1,000
1,200
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
2014-15
2015-16
2016-17⁽¹⁾
Note: 2016-17(1) : up to December 2016
37. For updated information, please visit www.ibef.orgHIMACHAL PRADESH37
KEY INDUSTRIES – AGRI AND PROCESSED FOOD
SECTOR … (4/4)
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% automated facility, with an annual manufacturing capacity of 150,000 MT.
Adani Agrifresh, a 100% 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. It generated revenue of US$ 373.7 million during Q1 FY18.
The construction of Nestlé’s factory in Tahliwal, Una, Himachal Pradesh, is underway.
Dabur is one of the country’s largest consumer goods companies. It recorded revenues of US$ 191.9 million
during Q1 FY18. 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
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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.
Over 300 pharmaceutical companies, including Ranbaxy, Dr
Reddy’s, Morepen & Torrent Pharmaceuticals, have set up
operations in the state.
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 park would have
a biotechnology incubation centre as well as a biotechnology
industrial cluster. However, as of August 2015, no investor had
shown interest in the proposed park under the PPP model.
The Department of Ayurveda was established in the state to provide
healthcare services to people through its 28 ayurvedic hospitals,
1,150 ayurvedic health care centres, 2 regional ayurvedic hospitals,
3 unani health care centres, etc.
As per budget 2017-18, the state government allocated a budget of
US$ 37.87 million for the Department of Ayurveda.
Cipla’s subsidiary, Golden Pharma Pvt. Ltd., entered into an
agreement to sell its 100% stake in Four M Propack Ltd. The later,
having a facility in Baddi, Himachal Pradesh, makes PET bottles &
HDPE containers & closures.
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
The Ayurvedic Department has 3 ayurvedic pharmacies at -
Jogindernagar District Mandi, Majra District Sirmaur & Paprola
District Kangra.
During FY 2016-17 the state had 2 regional ayurvedic hospitals, 30
ayurvedic hospitals, 1,150 ayurvedic health centres, 1 nature care
hospital, 3 unani health centres, 14 homoeopathic health centres, 9
ksarsutra centres & 17 panchkarma centres.
The 4 herbal gardens of the state are located at - Jogindernagar
(Mandi), Jungle Jhalera (Bilaspur), Neri (Hamirpur) & Dumreda
(Shimla). During 2015-16, an investment of US$ 0.095 million has
been approved by the National Medicinal Plants Board, Department
of AYUSH, Government of India. Under this plan, 1 model nursery (4
hectares) would be built & cultivation of medicinal plants are planned
to be undertaken by the farmers in an area of 39 hectares.
In January 2017, the Central Government announced its plans to
support development of new pharma & medical devices parks in the
country. Of the various medical devices parks being developed in the
country, one such park is expected to be set up in Baddi, Himachal
Pradesh.
39. For updated information, please visit www.ibef.orgHIMACHAL PRADESH39
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. It has a manufacturing facility at Paonta Sahib, Sirmaur. 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. During Q1 FY18, Sun Pharma
recorded revenues of around US$ 280.37 million in India.
Cipla has one of the largest product portfolios, with over 1,000 products and revenue of around US$ 417.52 million
in Q1 FY18. The company targets to reach revenues of US$ 5 billion by 2020. 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. Recently, Cipla’s subsidiary Meditab Holdings Ltd acquired a 14.5% stake
in Qualities Chemicals Industries Limited for US$ 15 million, with holding now increasing to 51.05%.
Established in 1984, Dr Reddy’s ranks among the top 15 generics players in the world. It is the first
pharmaceutical company in Asia-Pacific (outside Japan) to be listed on the New York Stock Exchange (NYSE). It
is a global pharmaceutical major with presence in over 25 countries. It earned a total revenue of US$ 518.5 million
in Q1 FY18. The company has a presence in therapeutic categories such as anti-infectives, cardio-vascular,
diabetes, dermatology, pain management, nutrition, dental, urological and oncology. 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. It generated revenue of US$ 16.2 million during Q1 FY18. As of
March 2015, the company had filed around 1,500 patents worldwide, of which 450 have been granted. 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
40. For updated information, please visit www.ibef.orgHIMACHAL PRADESH40
KEY INDUSTRIES – TEXTILES … (1/3)
The textiles industry in Himachal Pradesh is mainly focussed on
spinning, with companies such as Vardhman engaged in weaving
and dyeing. Handloom and carpet weaving have developed as small
scale industries. Low power tariffs in the state are encouraging
growth in the textile industry, with the knitwear industry emerging in
Himachal Pradesh.
Indorama Industries is the only manufacturer of spandex in India. In
2014, the company announced to invest US$ 50 million for capacity
expansion. After this investment, capacity is expected to reach to
11,000 metric tons per annum from 5,000 by the end of 2016.
Himachal Textile Park Ltd, a subsidiary of Jindal Cotex Ltd,
established a textile park in the state to provide land and necessary
infrastructure facilities to units set up in the park. Jindal Medicot
Limited and Jindal Specialty Textiles Limited have already set up
their technical textile projects in the textile park. More units are
coming up in the near future to set up their technical textile projects
Vardhman Textiles Ltd is going to set up two major units, worth US$
91.2 million, in Himachal Pradesh through it’s two subsidiaries Auro
Textiles and Mahavir Spinning Mills. Out of the total investment, 41%
is contributed by Auro Textiles and is expected to create employment
for 392 people and the remaining is contributed by Mahavir Spinning
Mills, which is anticipated to create employment opportunities for 860
people. As of March 2015, the plant is in the commissioning stage.
Some of the key players
Vardhman Group
Winsome Group
Birla Textile Mills
Himachal Fibre Ltd
Financial assistance to handloom weavers (in US$ million)
Raw silk production in the state has increased from 23 metric tonnes
in 2012-13 to 30 metric tonnes in 2014-15. In 2016-17, production of
raw silk in the state was 32 metric tonnes.
As of December 2015, about 2,740 weavers were covered under
Mahatma Gandhi Bunkar Bima Yojna.
As of October 2016, Pioneer Embroideries Ltd. (PEL), announced
plans to invest US$ 5.23 million for the expansion of its existing plant
in the state of Himachal Pradesh.
0.336
0.084
0.027
0.079
0.000
0.200
0.400
2012-13 2013-14 2014-15 2015-16
41. For updated information, please visit www.ibef.orgHIMACHAL PRADESH41
KEY INDUSTRIES – TEXTILES … (3/3)
The group has a combined installed capacity of about 11,13,868 spindles. The group’s products include yarns,
fabrics, garments, sewing threads and fibre. Vardhman is among the largest producers and exporters of yarns and
grey woven fabrics, tyre cord yarns and sewing threads. The group has also set up a finishing operation in Baddi
under the name of Auro Textiles, which has a production capacity of 50 million metres per annum.
Winsome Textile Industries Limited, part of the Winsome Group, has a spinning facility in Baddi. It produces yarns
in a variety of shades in melange, package dyed and fibre-dyed yarns. The company is planning to set up another
spinning unit, with a production capacity of 40,800 spindles as well as a circular knitting unit in Himachal Pradesh
at an investment of approximately US$ 43.8 million. It generated revenues of US$ 29 million in Q1 FY 2017-18.
It is a division of Chambal Fertilisers and Chemicals Limited, which is a flagship company of the KK Birla Group of
companies. The company’s Baddi plant has an installed capacity of more than 83,320 spindles.
Established in 1982, the company manufactures multiple types of yarns such as cotton, melange, open-end and
blended. It has a manufacturing unit in the Barotiwala industrial area, Solan, and generated revenue of US$ 8.67
million during 2016-17.
Vardhman Group
Winsome Group
Birla Textile Mills
Himachal Fibre Ltd
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KEY INDUSTRIES – LIGHT ENGINEERING GOODS …
(1/2)
According to Budget 2016-17, for the development of more industrial
areas in the state, the state government has initiated work in
Kandrori area of Kangra district and Pandoga area of Una district, at
an estimated amount of around US$ 18.63 million and US$ 21.38
million, respectively.
The light engineering goods industry in Himachal Pradesh includes
precision engineering components, automotive components, steel
fabrication units, and cylinder manufacturing.
Kala Amb in Paonta Sahib has a large number of steel fabrication
mills.
Auto component units are mainly based in Parwanoo (Solan district).
A general and light engineering industrial cluster is also located in
Parwanoo.
International Cars and Motors Limited has a factory in Una.
Chennai-based Rajsriya Automotive Industries, a tier-I supplier of
sheet metal pressed parts, opened a new plant in Nalagarh in
January 2015 in order to be at a location close to its largest customer
- TVS Motor Company.
In the state budget 2017-18, an amount of US$ 7.76 million is
proposed for installation of steel crash barriers on accident prone
sites.
Source: Himachal Pradesh Budget Speech 2016-17
Some of the key players
Gabriel India
International Cars and Motors Ltd
Blue Star India
TVS Motor Company
43. For updated information, please visit www.ibef.orgHIMACHAL PRADESH43
KEY INDUSTRIES – LIGHT ENGINEERING GOODS …
(2/2)
Gabriel is a flagship company of Anand Automotive Group; it manufactures ride-control systems and engine
bearings. The company supplies to all three segments of the market: original equipment, aftermarket and exports.
It produces 20 million units per annum.
In 2007, Gabriel set up a plant in Parwanoo. The plant manufactures shock absorbers for commercial vehicles and
two wheelers, struts for passenger cars and front forks for motor cycles. In Q1 FY18, the company recorded
overall revenues of US$ 65.15 million.
ICML is a subsidiary of the Sonalika Group. It sells multi-utility vehicles under the Rhino brand. The company has
an installed capacity of 2,000 vehicles per month, a state-of-the-art facility at Una and a technical collaboration
agreement with MG Rover of the UK.
Blue Star is one of India’s largest air conditioning companies. It generated overall revenues of US$ 216.3 million
during Q1 FY18. The company employs 2,785 people in six manufacturing facilities across the country. In 2005,
Blue Star set up a 14,000 sq m manufacturing unit in Kala Amb.
TVS Motor is one of the largest two-wheeler manufacturers in India. During 2007-08, the company began
operations at its new plant in Nalagarh. It generated revenue of US$ 528.77 million in Q1 FY18 and had around
5,267 employees during 2016-17.
Gabriel India
International Cars and
Motors Ltd
Blue Star India
TVS Motor Company
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KEY INDUSTRIES – CEMENT … (1/2)
Minerals constitute a fundamental component of the state’s
economic base. Good quality limestone, which is one of the
ingredients used in the production of cement, is available in plenty in
the state.
Six cement plants are currently operational in the state. These
include – 2 units of ACC at Barmana district Bilaspur, 2 units of
Ambuja Cement at Kashlog District Solan, 1 unit of M/S J P Industry
at Baga-Bhalag and 1 unit of M/S CCI at Rajban District Sirmaur.
Three major cement plants namely - M/s Harish Cement (Grasim) at
Sundernagar district Mandi, the India Cement Ltd. at Gumma-
Rohaha District Shimla and M/s Lafarge India Ltd at Alsindi District
Mandi are in pipeline and consequently have been granted mining
leases.
As on August 2015, the state government decided to cancel its
agreement with India Cement Ltd for setting up a plant at Gumma. It
is planning to sell the plant via public auction route. The government
has granted extension to Lafarge India Pvt Ltd to set up its plant at
Alsindi in Karsog, Himachal Pradesh, along with granting extension
to Harish Cements to set up facility at Sundernagar in Mandi,
Himachal Pradesh, by March 2016.
Source: Himachal Pradesh Economic Survey 2015-16
Key players
ACC Ltd
Ambuja Cements Ltd
Jaypee Cements
Cement production in the state has increased from 7,302.99
thousand metric tonnes in 2013-14 to 8,224.07 thousand metric
tonnes in 2014-15.
The state government has granted prospecting licenses to
companies in order to carry out a detailed study for proving deposits,
quantity and quality of limestone and other associated minerals.
By December 2015, for carrying out development work, under
Mahatma Gandhi National Rural Employment Guarantee Scheme
(MNREGA), about 2,200,489 bags of cement were distributed to
panchayats in the state for an amount of US$ 8.58 million.
During the year 2015-16 (up to December 2015), HP State Civil
Supplies Corporation Ltd supplied cement worth US$ 15.56 million to
government departments/boards/corporations.
45. For updated information, please visit www.ibef.orgHIMACHAL PRADESH45
KEY INDUSTRIES – CEMENT … (2/2)
ACC is one of India’s foremost producers of cement and concrete, with 17 cement factories. Out of which 2 are
located in Himachal Pradesh. In September 2009, Himachal Pradesh allowed ACC to generate electricity using
waste exhaust from kiln gases, an eco-friendly method. Company has established the Skill and Entrepreneurship
Development Institute (SEDI) across 10 states of the country including Himachal Pradesh. During Q1 FY18, the
company recorded revenues of US$ 537 million.
Ambuja Cements is among the large cement companies in India, with an annual combined capacity of 27.35
million tonnes. Company holds 15 factories in India out of which three are located at Himachal Pradesh. Its
Darlaghat (Solan district) based plant holds capacity of two million tonnes per annum (MTPA) whereas, the
Nalagarh plant and Rauri plant holds capacity of 1.5 and 2.2 million metric tons respectively. Recently, in
November 2013, Ambuja Cements announced that it received shareholders’ approval to buy 24% stake in Holcim
(India) from Holderind International for US$ 589.4 million. By the end of the second quarter of 2017 (June 2017),
the company generated net sales of about US$ 984.14 million.
Jaypee Cement has an aggregate annual capacity of 33.8 million tonnes per annum and is among the largest
cement producers in the country. In next three- four years the capacity is expected to reach to 39.0 million metric
tons per annum. Jaypee has a cement blending unit in Nalagarh, with a production capacity of 2.5 million metric
tonnes. In February 2014, Jaypee Cement Corporation began talks with Ultratech for the sale of its two units (two
MTPA each) in Himachal Pradesh. The company holds 20 cement producing facilities out of which two are located
at Himachal Pradesh. During Q1 FY18, the company registered consolidated revenues of US$ 387.5 million.
ACC Ltd
Ambuja Cements Ltd
Jaypee Cement
46. For updated information, please visit www.ibef.orgHIMACHAL PRADESH46
KEY INDUSTRIES – IT AND ELECTRONICS … (1/2)
Himachal Pradesh’s IT policy & incentives offered to the IT industry
are aimed at promoting the state as an attractive destination for the
industry.
The state has proposed to set up IT parks & several incentives are
being offered to IT firms.
Software Technology Parks of India (STPI) has established a centre
in Shimla.
The total number of students registered in IT education subjects is
80,861. The IT department along with the other state departments is
delivering 51 online applications & citizen centric services in the
state. However, the state government is aiming to increase the
number to 101 applications, by 2016-17.
Information technology has a great scope for employment generation
& revenue earnings in the state. The Government has introduced
HIMSWAN, SUGUM, Hospital Management Information System
(HMIS), Common Services Centres (CSCs), & State Data Centre
(SDC), AGRISNET, e-Procurement, Content Service Provider
(CSP), Revenue Court Case Monitoring System (RCMS), Litigation
Monitoring System (LMS), & e-Samadhan systems to bring efficiency
& transparency in administration through IT & IT-enabled services.
In January 2017, Kangra district became the country’s 1st in initiating
‘geo tagging’ of assets under the Mahatma Gandhi National Rural
Employment Guarantee Scheme (MGNREGS). This step would help
in integrated development of all sectors like agriculture, irrigation,
education & health.
Source: Himachal Pradesh Economic Survey 2015-16
Some of the key players
Himachal Futuristic Communication Ltd
Microtek International
WeP Peripherals Ltd
Spice Mobile
Status of Implementation of National E-Governance Plan (2014-15):
• 1,765 government offices in Himachal Pradesh are now
connected through HIMSWAN network.
• HPSDC building is built by HIMUDA in Mehali, Shimla
• Of the total 3,366 CSCs, 2,301 have been set up
• 1,940 Lok Mitra Kendra (LMKs) are now active & provide services
like collection of HPSEB electricity bill, issuance of a copy of
Nakal Jamabandi (land records), IPH water bill, HRTC bus ticket
booking, etc.
• 38 G2C services are now available to citizens on the state portal
(www.eserviceshp.gov.in)
• Revenue Court Case Monitoring System (RCMS) software is
being used at 242 revenue courts. Out of total 54,940 cases
entered in RCMS, 24,842 cases has already been decided.
• Litigation Monitoring System (LMS) is being used at all
government departments for viewing the daily case status.
47. For updated information, please visit www.ibef.orgHIMACHAL PRADESH47
KEY INDUSTRIES – IT AND ELECTRONICS … (2/2)
HFCL is a leading telecom equipment manufacturer, particularly into transmission equipment, optical-fibre cables,
accessories and terminal equipment. It has a manufacturing facility at Solan. In Q1 FY 2017-18, the company
generated revenues of US$ 130 million. The company is operating with business segments namely, telecom
products and sales of services. The company is among the first Indian telecommunication companies to have
successfully subscribed a Global Depository Receipts (GDR) issue.
Microtek International is an IT peripherals and power products company. It has set up a motherboard
manufacturing facility in Parwanoo, with a capacity of 50,000 motherboards per month.
Established in 2000, WeP Peripherals (earlier Wipro Peripherals) started manufacturing dot-matrix printers. It has
now diversified into retail solutions, energy solutions and printing solutions. The company has a state-of-the-art
manufacturing facility in Baddi, with a production capacity of more than 890,000 products per annum. In Q1 FY18,
company earned revenues of US$ 3.17 million. It is operating in two business segments i.e. computer peripherals
(65.43%) and software development charges.
Spice Mobile, a subsidiary of the Spice Group, is among the largest mobile handset manufacturers in India. The
company has a manufacturing facility in Baddi, where it began mobile handset production in March 2010.
Himachal Futuristic
Communications Ltd
(HFCL)
Microtek International
Pvt Ltd
WeP Peripherals Ltd
Spice Mobile
48. For updated information, please visit www.ibef.orgHIMACHAL PRADESH48
KEY INDUSTRIES – TOURISM … (1/2)
The tourism sector of Himachal Pradesh contributes to 7.2% in the
state GDP. In order to boost tourism in the state, Asian Development
Bank (ADB) has sanctioned a loan of US$ 95 million. Phase 1 work
of US$ 33 million is already under implementation. In the 2016-17
state budget tourism infrastructure projects are proposed under the
ADB.
Along the district of Kangra, projects related to development of
tourism infrastructure in Jawalamukhi, Dharamshala-McLeodganj,
development of Naldehra, restoration of two churches at Shimla, etc.
shall be awarded during 2016-17.
As per the budget 2016-17, the state government proposed to
establish several ropeway projects in the state which include Toba to
Shri Naina Devi Ji in Bilaspur District, Dharamkot to Triund in Kangra
District, Bashal Kanda in Shimla/Kinnaur District, Bhunter to Bijli
Mahadev in Kullu District, etc. which are under the public private
partnership mode whose bidding process is projected to commence
during 2016-17.
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 2016-17,
there were 2,604 registered hotels in the state.
Destination No of tourists (20161) (in million)
Shimla 3.5
Kullu 3.6
Kangra 2.6
Una 1.5
Bilaspur 1.4
Chamba 1.1
Sirmaur 1.0
Solan 1.1
Mandi 1.1
Hamirpur 0.9
Kinnaur 0.1
Lahaul & Spiti 0.11
Source: Ministry of Tourism, Government of India, Himachal Pradesh Economic Survey 2015-16; 1 –Till December 2016
49. For updated information, please visit www.ibef.orgHIMACHAL PRADESH49
KEY INDUSTRIES – TOURISM … (2/2)
As per State budget 2017-18, tourism department has submitted a
DPR of US$ 15.52 million under Himalayan Circuit project to Ministry
of Tourism which has been approved. This project will help in
development of tourist destinations in the state.
Domestic tourist inflows in the state increased from 11.04 million in
2009 to 17.99 million in 20161.
To boost tourism, the state plans to set up a golf course and improve
connectivity by increasing the number of helipads.
Sustainable Tourism Policy, 2013 was formulated for promoting
sustainable tourism without damaging the ecology and environment.
Top tourist destinations
No of registered hotels and guest
houses (As of December 2016)
Kullu 719
Shimla 450
Kangra 481
Solan 282
Chamba 184
Source: Ministry of Tourism, Government of India, Himachal Pradesh Economic Survey 2015-16; 1 –Till December 2016
Number of domestic tourists (in million)
11.04
12.81
14.60
15.65
14.71
15.92
17.12
17.99
0.00
2.00
4.00
6.00
8.00
10.00
12.00
14.00
16.00
18.00
20.00
2009
2010
2011
2012
2013
2014
2015
2016
Number of foreign tourists (in ‘000s)
401
454
485 500
414
390 406
453
0
100
200
300
400
500
600
2009 2010 2011 2012 2013 2014 2015 2016
50. For updated information, please visit www.ibef.orgHIMACHAL PRADESH50
KEY INDUSTRIES – ANIMAL HUSBANDRY … (1/2)
Source: Ministry of Tourism, Government of India, Himachal Pradesh Economic Survey 2015-16; State Budget 2016-17
Livestock is integral to the sustainability of the economy of Himachal
Pradesh.
Farm activities are being supplemented by improvement in milch
cattle through a cross-breeding programme, rabbitry, pisiculture and
floriculture.
The contribution of major livestock products during the year 2016-17
was 1.32 million MT of milk, 1,476 MT of wool, 95.8 million eggs and
4,460 MT of meat.
As per budget 2017-18, the state government has proposed to
organize Animal Mandis on pre-planned dates on a monthly basis at
district/block levels.
Artificial Insemination facilities for goats and sheeps will be started in
Palampur and Jeori in 2017-18.
In budget 2017-18, the government allocated a sum of US$ 58.05
million towards animal husbandry.
Annual production (in metric tonnes)
2014-15 2015-16 2016-17
Milk 1.17 million 1.28 million 1.32 million
Wool 1,662 1,411 1,476
Eggs 108.43 million 81.1 million 95.8 million
Meat 3,998 4,005 4,406
Dairy production is an integral part of animal husbandry and forms
part of the earning of small and marginal farmers in Himachal
Pradesh.
51. For updated information, please visit www.ibef.orgHIMACHAL PRADESH51
KEY INDUSTRIES – ANIMAL HUSBANDRY … (2/2)
Source: Himachal Pradesh Economic Survey 2014-15
Project name Sector
Doodh Ganga Yojna
Bank loan of US$ 8,295 for purchase of 10 cows and construction of shed for them including 10% share
of beneficiary.
Bank loan of US$ 29,860 for purchase of cold chain milk transportation system and US$ 39,814 for
establishing milk product making units.
Livestock Insurance Scheme
Cows and buffaloes giving five litres or more milk per day are insured under this scheme.
Premium of insurance kept at 8.2% for three years and 3% for the first year, which is shared equally by
the government and the owner.
National Project on Cattle & Buffalo
Development
It has been sanctioned on the basis of 100% central assistance. US$ 2.1 billion during the 1st phase and
US$ 3.98 billion during the 2nd phase were released for the state.
Aims to strengthen liquid nitrogen storage & distribution, sperm stations & banks, training facilities, etc.
Bhed Palak Samridhi Yojna
500 sheep and 25 goats would be given to the beneficiary for breeding units, and an amount of US$
41,473 is the total outlay.
About 33.3% subsidy of total outlay and maximum of US$ 13,819 would be paid to the beneficiary. The
concerned person will have to pay 25% of the total project cost.
Shepherd Insurance Scheme
Life Insurance Corporation, Government of India and the shepherd would bear the premium of the
insurance.
To provide chaff cutter at 75% subsidy.
To provide a scholarship of US$ 20 per year for two children of the beneficiary studying in classes 9–12.
52. For updated information, please visit www.ibef.orgHIMACHAL PRADESH52
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
53. For updated information, please visit www.ibef.orgHIMACHAL PRADESH53
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.
54. For updated information, please visit www.ibef.orgHIMACHAL PRADESH54
KEY INVESTMENT PROMOTION OFFICES … (1/2)
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.
55. For updated information, please visit www.ibef.orgHIMACHAL PRADESH55
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
56. For updated information, please visit www.ibef.orgHIMACHAL PRADESH56
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
57. For updated information, please visit www.ibef.orgHIMACHAL PRADESH57
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.
58. For updated information, please visit www.ibef.orgHIMACHAL PRADESH58
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
59. For updated information, please visit www.ibef.orgHIMACHAL PRADESH59
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 2005
To preserve and protect natural heritage, both flora and fauna, of Himachal Pradesh and attract tourists and visitors
to the state; and in the bargain provide opportunities to enhance livelihood of local people. Read more
IT Policy 2001
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
60. For updated information, please visit www.ibef.orgHIMACHAL PRADESH60
CONFERENCES/SUMMITS FOR 2016-17
Source: India Conference Alerts, All Conference Alert, Conference Alerts
Summit / Conference Venue of Summit / Conference Date
International Conference on Computer Science,
Electronics and Communication Engineering
(ICCSECE-17)
Shimla 5th November, 2017
International Conference on Researches in
Science and Technology (ICRST-17)
Dharamsala 19th November, 2017
World Conference on Ecology and Ecosystems
(WCEE 2017)
Shimla 10th December, 2017
International Conference on Internet Of Things
(ICIOT-17)
Shimla 24th December, 2017
61. For updated information, please visit www.ibef.orgHIMACHAL PRADESH61
EXCHANGE RATES
Source: Reserve Bank of India
Year INR equivalent of one US$
2004-05 44.81
2005-06 44.14
2006-07 45.14
2007-08 40.27
2008-09 46.14
2009-10 47.42
2010-11 45.62
2011-12 46.88
2012-13 54.31
2013-14 60.28
2014-15 60.28
2015-16 65.46
2016-17 67.09
Q1 2017-18 64.46
Q2 2017-18 64.29
Exchange rates (Fiscal Year)
62. For updated information, please visit www.ibef.orgHIMACHAL PRADESH62
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