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Foreign Direct Investment, FDI in Puducherry

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Overview

Foreign Direct Investment, FDI in Puducherry

Factfile

Why Invest in Puducherry

  • Tourism Hub: Famous for its heritage, beaches, and natural beauty, attracting both domestic and international visitors.
  • Manufacturing Growth: Presence of industries like textiles, chemicals, and electrical goods.
  • Strategic Location: Situated on the southeastern coast, offering access to international markets.
  • Government Support: Policies focused on tourism, manufacturing, and infrastructure development.

Incentives & Schemes

  • Tourism Development: Incentives for setting up hotels, resorts, and tourism-related businesses.
  • Industrial Promotion: Tax incentives and subsidies for industries in manufacturing and export-oriented sectors.
  • Infrastructure Projects: Focus on port development, smart city initiatives, and improving connectivity.

Key Economic Data: Puducherry

Category Details
Capital Puducherry
GSDP (2023–24) ₹12,500 crore
Growth Rate 7.8%
Per Capita Income ₹2,77,000
Top Sectors Tourism, Manufacturing, Agriculture, Services
FDI Share in India 0.02%
Top FDI Sources Singapore, UAE
Cumulative FDI (FY2024) ₹150 crore (Q1)
Policy Impact Focus on tourism, manufacturing, and infrastructure
Recent FDI ₹45 crore (2020–21)

Latest Insights

  • Puducherry attracted ₹150 crore in cumulative FDI by Q1 FY2024.
  • The tourism sector continues to grow, leveraging the region’s heritage and natural beauty.
  • Government policies are supporting the manufacturing and infrastructure sectors, with a focus on export-oriented industries.