About Uttrakhand State: Tourism, Industries, Agriculture & Geography Information

Latest update: September, 2018

Economic Snapshot
Economic Snapshot

 

Factfile

  • Capital:Dehradun
  • Geographical Area (sq km):53,483
  • State Language:Hindi, Garhwali, Kumaoni and English
  • Literacy Rate:78.8 per cent
  • Key Industries:agro-based and food processing, information and communications technology (ICT), floriculture, horticulture, pharmaceutical and biotechnology, hydropower, tourism, engineering and allied industries and fast moving consumer goods (FMCG)

Last Updated: September, 2018

UTTARAKHAND State Report | September, 2018

Uttarakhand is located at the foothills of the Himalayan mountain ranges. The state shares borders with China (Tibet) in the north and Nepal in the east and inter-state boundaries with Himachal Pradesh in the west and northwest and Uttar Pradesh in the south.

It has almost all agro-geo climatic zones, which provide commercial opportunities for floriculture and horticulture. The state is home to more than 175 species of rare medicinal, aromatic & herbal plants.

The state has close proximity to the national capital Delhi, a leading market of the country and excellent connectivity with neighbouring states. Uttarakhand has abundant natural resources due to hills and forests. Its agro-climatic conditions support horticulture-based industries. The vast water resources available in the state are also favourable for hydropower.

The presence of several hill stations, wildlife parks, pilgrimage places and trekking routes make Uttarakhand an attractive tourist destination. In 2017, domestic tourist arrivals in the state were 34.36 million and foreign tourist arrivals had crossed over 0.13 million.

Uttarakhand is one of the fastest growing states in India, thanks to the massive growth in capital investments arising from conducive industrial policy and generous tax benefits. Between 2011-12 and 2017-18, Gross State Domestic Product (GSDP) expanded at a Compound Annual Growth Rate (CAGR) of 10.86 per cent to Rs 2.14 trillion (US$ 33.21 billion) whereas the Net State Domestic Product (NSDP) expanded at a CAGR of 11.07 per cent to Rs 1.91 trillion (US$ 29.71 billion).

The state offers a wide range of benefits in terms of interest incentives, financial assistance, subsidies and concessions. Uttarakhand has a robust social and industrial infrastructure, virtual connectivity with over 39,000 km of road network, two domestic airports, 345.23 km of rail routes and an installed power generation capacity of 3,399.14 megawatt (MW) as of August 2018.

According to the Department of Industrial Policy & Promotion (DIPP), the cumulative FDI inflows, during April 2000 to June 2018, stood at around US$ 680 million.

Key Sectors:

  • With the establishment of the Software Technology Parks of India (STPI) earth station at Dehradun, Uttarakhand now offers high-speed connectivity.
  • Uttarakhand Policy for Skill Development & Entrepreneurship was launched in 2018, which aims to increase the employability of workers, competitiveness of enterprise, and inclusiveness of growth.
  • Single window system has been shaped in order to smoothen clearance of projects under schemes of Horticulture Mission for North East and Himalayan States, National Mission on Food Processing, National Horticulture Board and Agricultural and Processed Food Products Export Development Authority.
  • Uttarakhand Tourism Policy, 2017 was launched in 2017, which aims setup new amusements parks and install new ropeways that would be exempt from payment of entertainment tax. To promote tourism and develop it as a major source of employment and revenue generation in the state.

Factfile

  • Capital:Dehradun
  • Geographical Area (sq km):53,483
  • State Language:Hindi, Garhwali, Kumaoni and English
  • Literacy Rate:78.8 per cent
  • Key Industries:agro-based and food processing, information and communications technology (ICT), floriculture, horticulture, pharmaceutical and biotechnology, hydropower, tourism, engineering and allied industries and fast moving consumer goods (FMCG)