Foreign Direct Investment (FDI) in Himachal Pradesh

Why Invest in Himachal Pradesh

• Tourism Hub: Popular tourist destinations like Manali, Kullu, and Dharamshala attract millions annually.
• Agriculture & Horticulture: Leading producer of apples, vegetables, and medicinal plants.
• Hydroelectric Power: Significant untapped hydroelectric power potential.
• Policy Support: Government schemes and incentives for industrial growth, particularly in tourism and manufacturing.

Incentives & Schemes

• Industrial Promotion: Incentives for setting up manufacturing units in identified sectors.
• Hydro Power Projects: Focus on developing renewable energy through hydroelectric projects.
• Tourism Development: Investment in infrastructure and promotion of eco-tourism and adventure tourism.

Key Economic Data: Himachal Pradesh

Category	Details
Capital	Shimla
GSDP (2023–24)	₹1.75 lakh crore
Growth Rate	6.9%
Per Capita Income	₹1,79,540
Top Sectors	Tourism, Agriculture, Hydroelectric Power
FDI Share in India	1.5%
Top FDI Sources	USA, Germany
Cumulative FDI (FY2024)	₹1,000 crore (Q1)
Policy Impact	Focus on industrial growth and renewable energy
Recent FDI	₹250 crore (2020–21)

Latest Insights

• Himachal Pradesh attracted ₹1,000 crore in cumulative FDI by Q1 FY2024.
• Agriculture and tourism remain key drivers of growth, with increasing investments in hydro power.
• Government schemes are enhancing infrastructure, especially in tourism and renewable energy sectors.