Foreign Direct Investment (FDI) in Uttarakhand

Why Invest in Uttarakhand

• Tourism Industry: A major tourist destination for pilgrimage, adventure, and eco-tourism.
• Agricultural Strength: Known for its production of fruits like apples, and vegetables.
• Hydropower Potential: A hub for renewable energy, especially hydroelectric power projects.
• Government Support: Progressive industrial policies offering incentives for businesses in manufacturing, tourism, and renewable energy.

Incentives & Schemes

• Industrial Development Policy: Tax incentives and subsidies for setting up manufacturing units.
• Hydropower Projects: Government emphasis on the development of hydroelectric power generation
• Tourism Promotion: Special schemes for eco-tourism and infrastructure development in tourist regions.

Key Economic Data: Uttarakhand

Category	Details
Capital	Dehradun
GSDP (2023–24)	₹2.43 lakh crore
Growth Rate	10.2%
Per Capita Income	₹2,06,600
Top Sectors	Tourism, Agriculture, Hydropower
FDI Share in India	1.2%
Top FDI Sources	UAE, Germany
Cumulative FDI (FY2024)	₹900 crore (Q1)
Policy Impact	Focus on industrial development and clean energy
Recent FDI	₹150 crore (2020–21)

Latest Insights

• Uttarakhand attracted ₹900 crore in cumulative FDI by Q1 FY2024.
• The state continues to benefit from its tourism and agricultural sectors, with growing investments in hydro power.
• Government policies are creating a conducive environment for industrial growth, particularly in renewable energy.