Under the Vision 2030, the processing capacity of horticulture produce will be enhanced from 7.5% to 15% of the total horticulture production by 2030.



Uttarakhand is in the foothills of the Himalayan Mountain range. The state shares borders with China (Tibet) in the north, 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 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.
Uttarakhand is one of the fastest growing states in India, thanks to the massive growth in capital investment arising from conducive industrial policy and generous tax benefits.
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, and 345.23 km of rail routes.
Uttarakhand aims to double tourist inflow to 70 million by 2030, strengthening its tourism sector through fiscal incentives such as reducing the Goods and Services Tax (GST) on hotel tariffs up to Rs. 7,500 (US$ 85.07) from 12% to 5%, making travel more affordable across key destinations including Nainital, Mussoorie, Auli, Haridwar, Rishikesh and Chopta. On October 24, 2025, the State launched the Rs. 18,520 crore (US$ 2.11 billion) Sharda Corridor Project to boost tourism, connectivity and local economic growth, alongside major ropeway initiatives such as the 13 km Sonprayag-Gaurikund-Kedarnath ropeway worth Rs. 985 crore (US$ 126.77 million) and two additional ropeways in Mussoorie and Yamunotri by Empyrean Skyview Projects with an investment of Rs. 700 crore (US$ 90.09 million).
The launch of www.uttarastays.com, a state-sponsored homestay portal featuring around 5,000 listings, further promotes community-based tourism, supports nearly 80,000 livelihoods, and enhances the linkage with local cottage industries and traditional crafts.
At current prices, Uttarakhand’s GSDP is projected to be Rs. 4.29 trillion (US$ 50.26 billion) in FY26. Between FY19 and FY26, GSDP of the state is estimated to increase at a CAGR of 8.86%. According to Department for Promotion of Industry and Internal Trade (DPIIT), between October 2019-June 2025, FDI inflow in Uttarakhand stood at Rs. 28,965 crore (US$ 3.26 billion). Major items exported from Uttarakhand are Engineering Goods and Drugs and Pharmaceuticals, Electronic Goods, Plastic and Linoleum, etc.
Uttarakhand is one of the fastest growing states in India, thanks to the massive growth in capital investment arising from conducive industrial policy and generous tax benefits. The MSME sector plays a crucial role in the economic and social development of the state as this sector is the nursery of entrepreneurship. The government has placed a special mandate in its Vision 2030 strategy to develop the MSME sector. In the State Budget 2024-25, crop husbandry has been allocated Rs. 644 crore (US$ 77.25 million) which includes schemes such as National Mission for Natural Farming and PMKSY. Additionally, Rs. 157 crore (US$ 18.83 million) is allocated for research assistance to agriculture institutions. As part of the State Budget 2023-24, over the next three years, 50,000 polyhouses (a type of greenhouse) will be set up to promote cluster-based horticulture. Six ‘aroma valleys’ will also be developed, such as the Cinnamon Valley in Nainital and Mint Valley in Haridwar.




