Trade Analytics

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

Latest update: April, 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: April, 2018

UTTARAKHAND State Report | April, 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. Flow of tourist arrivals in the state reached 29.84 million in 2016.

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 2016-17, Gross State Domestic Product (GSDP) expanded at a Compound Annual Growth Rate (CAGR) of 13.27 per cent to US$ 30.29 billion whereas the Net State Domestic Product (NSDP) expanded at a CAGR of 9.4 per cent to US$ 27 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 3,333.35 megawatt (MW) as of January 2018.

According to the Department of Industrial Policy & Promotion (DIPP), the cumulative FDI inflows, during April 2000 to December 2017, stood at around US$ 652 million.

Key Sectors:

  • With the establishment of the Software Technology Parks of India (STPI) earth station at Dehradun, Uttarakhand now offers high-speed connectivity.
  • Government of Uttarakhand proposed a new scheme of Madhav Singh Bhandari Krishi Syebhagita Yojna, which would boost cooperative farming in the state during 2016-17.
  • Milk production in the state increased from 1,565.35 thousand metric tonnes in 2014-15 to 1,692.42 thousand tonnes in 2016-17. Egg production in the state reached 411.91 million in 2016-17, while meat production reached 28.4 thousand tonnes.
  • 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, 2016 was launched in 2016, which aims at developing the state’s image as a safe, secure and friendly destination for tourists. To promote adventure tourism, river rafting has been made tax free 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)