Foreign Direct Investment, FDI in Chandigarh

Why Invest in Chandigarh

• High Per Capita Income: One of the highest in India, reflecting the city’s affluent population.
• IT and Education Hub: Boasts a growing IT sector and well-established educational institutions.
• Strategic Location: Proximity to Punjab, Haryana, and Himachal Pradesh provides a favorable market access.
• Government Support: Policies focused on urban development, education, and IT growth.

Incentives & Schemes

• IT Sector Development: Incentives for IT startups and technology-driven businesses.
• Educational Infrastructure: Schemes for the expansion of educational institutions and vocational training centers.
• Urban Development: Focus on smart city initiatives, infrastructure, and green projects.

Key Economic Data: Chandigarh

Category	Details
Capital	Chandigarh
GSDP (2023–24)	₹16,000 crore
Growth Rate	9.5%
Per Capita Income	₹5,70,000
Top Sectors	Services (IT, Education, Healthcare, Public Administration)
FDI Share in India	0.1%
Top FDI Sources	Singapore, UAE
Cumulative FDI (FY2024)	₹350 crore (Q1)
Policy Impact	Focus on education, IT, and urban infrastructure
Recent FDI	₹100 crore (2020–21)

Latest Insights

• Chandigarh attracted ₹350 crore in cumulative FDI by Q1 FY2024.
• Urban development projects and green initiatives are central to the city’s growth strategy.
• The IT sector and education infrastructure continue to drive the economy.