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Foreign Direct Investment (FDI) in Sikkim

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Overview

Foreign Direct Investment (FDI) in Sikkim

Factfile

Why Invest in Sikkim

  • Tourism Growth: A hotspot for eco-tourism, adventure tourism, and wellness tourism.
  • Organic Farming: The first fully organic state in India, with growing opportunities in organic food exports.
  • Hydropower Potential: Large untapped potential in hydropower generation.
  • Government Incentives: Supportive policies in sectors like tourism, agriculture, and renewable energy.

Incentives & Schemes

  • Organic Agriculture: Special incentives for organic farming and organic product exports.
  • Tourism Development: Tax benefits and subsidies for tourism infrastructure and hospitality projects.
  • Renewable Energy: Focus on hydroelectric power generation with attractive investment incentives.

Key Economic Data: Sikkim

Category Details
Capital Gangtok
GSDP (2023–24) ₹43,000 crore
Growth Rate 10.8%
Per Capita Income ₹3,58,000
Top Sectors Agriculture, Horticulture, Tourism, Hydropower
FDI Share in India 0.01%
Top FDI Sources Bhutan, Singapore
Cumulative FDI (FY2024) ₹500 crore (Q1)
Policy Impact Focus on sustainable development, organic agriculture, and renewable energy
Recent FDI ₹150 crore (2020–21)

Latest Insights

  • Sikkim attracted ₹500 crore in cumulative FDI by Q1 FY2024.
  • Organic farming and eco-tourism continue to be key growth drivers.
  • Government policies are fostering investment in renewable energy, particularly in hydropower projects.