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HIMACHAL PRADESH : A NORTH INDIAN STATE – World Media Network
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HIMACHAL PRADESH : A NORTH INDIAN STATE

A“WORLD MEDIA NETWOK” PRESENTS FDI IN INDIA & SCOPE

HIMACHAL PRADESH- A NORTH INDIAN STATE

FOREIGN DIRECT INVESTMENT (FDI) IN HIMACHAL PRADESH

Introduction

Himachal Pradesh is a northern Indian state in the Himalayas. It’s home to scenic mountain towns and resorts such as Dalhousie. Host to the Dalai Lama, Himachal Pradesh has a strong Tibetan presence. This is reflected in its Buddhist temples and monasteries, as well as its vibrant Tibetan New Year celebrations. The region is also well known for its trekking, climbing and skiing areas.Population: 68.6 lakhs (2012) total 12 Districts.

HIMACHAL PRADESH Map

HIMACHAL PRADESH Map

Districts List of HIMACHAL PRADESH

Bilaspur

Chamba

Hamirpur

Kangra

Kinnaur

Kullu

Lahaul & Spiti

Mandi

Shimla

Sirmaur

Solan

Una

HIMACHAL PRADESH Industries

Key Industries

  • Textiles
  • Pharmaceuticals
  • Food procurement and Processing
  • Light Engineering
  • IT and Electronics
  • Cement
  • Tourism
  • Hydropower

HIMACHALPRADESH - FDI Investment Present Scene

“WMN”BROAD VIEW & Business Support.

“World Media Network” is helping upcoming and existing businesses to grow as the government is supporting the business in  increasing their work towards the domestic as well as international Tie-Ups. Service-oriented industries need to be promoted with direct and indirect participation for Franchising modules in the INDIA and “WMN” would help them to connect with the brands as well the investors and venture capitalists to increase the growth of the company in future.

  • Total merchandise export from Himachal Pradesh stood at US$ 1.32 billion in FY19. Between April-December 2019, merchandise export from the state reached US$ 1,02 billion.
  • As of March 2020, Himachal Pradesh had a total installed power generation capacity of 4,007.17 megawatt (MW). Hydro power accounted for 2,812.88 MW of total installed power generation capacity, followed by renewable power (951.64 MW) and thermal power (213.70 MW).
  •  Under thermal power, coal accounted for 151.69 MW and gas accounted for 62.01 MW of total installed power.
  • With a hydro power potential of 2,910.48 MW (of which just 24,000 MW has been harnessed), Himachal Pradesh accounts for 25.9 per cent of the country’s total hydro power potential. All the villages of Himachal Pradesh were electrified. The state has also attracted investments in other sectors including in pharmaceuticals, IT and food processing industries.
  • The State Government of Himachal Pradesh offers a wide range of policy and fiscal incentives for businesses under the Industrial Policy, 2017.
  • The state has also undertaken other policies such as Tourism Policy 2005 and IT Policy 2001 for upgradation of these sectors in the state.
  •  Himachal Pradesh has announced a Revised Solar Policy 2016 under which it plans to establish 700 MW of solar photovoltaic cell capacity.
  • The state (including Chandigarh, Punjab, and Haryana) attracted Foreign Direct Investment (FDI) equity inflow worth US$ 2.40 billion between April 2000 and March 2020 according to the data released by Department for Promotion of Industry & Internal Trade (DPIIT).
  • Key Sectors: Agriculture is the main occupation and the major source of employment in the state, as 89.96 per cent of the population lives in rural areas. With suitable agro-climatic conditions, Himachal Pradesh has realised the importance of commercial crops, including off-season vegetables, potatoes and ginger. The food grain production was targeted at 1.63 million metric tonnes in 2019-20. Horticulture production in the state reached 2374.57 thousand metric tonnes in 2018-19, as per third advance estimates.
  • Himachal Pradesh is one of the fastest-growing regions in the pharmaceutical industry in India, driven by incentives announced by the state Government in its Industrial Policy, 2004. During 2018-19, export of drug formulations and biologicals from the state stood at US$ 533.4 million, which reached US$ 593.68 million during April-December 2019.
  • The tourism sector of Himachal Pradesh contributes 7 per cent to the state GDP. Domestic tourist inflow in the state reached 16.83 million in 2019, while foreign tourist arrivals reached 383,000.  As of December 2019, there were 3,679 registered hotels in.

HIMACHAL PRADESH & FDI Major Announcements

  • HP Investors meet ;with 159 MoUs Rs.17,000 Cr investment commitment signed.
  • Over 60 K Houses to get Gas through pipeline
  • Indias first railway station inside tunnel to come up in Himachal Pradesh

**Targeted Industries Key sectors**- “WMN”KEY ROLE.

“World Media Network” is playing an important role in all the categories and sectors, “WMN” is a Press Release distribution company covering over 180 countries covering twenty- five languages across the world . it has ventured into Digital News, Television, Print, Radio, Billboards, Airports, Multiplexes, Talk shows . Press releases  are based on industry standards with  timely coverages and promoting the  business development of FDI and the scope of growth in the country.

  • The state (including Chandigarh, Punjab, and Haryana) attracted Foreign Direct Investment (FDI) equity inflow worth US$ 2.40 billion between April 2000 and March 2020 according to the data released by
  • Department for Promotion of Industry and Internal Trade (DPIIT).
  • During 2019, 15 investment intentions were filed in Himachal Pradesh with a proposed investment of Rs 345 crore (US$ 49.39 million).
  • As of March 2020, Himachal Pradesh had a total installed power generation capacity of 4,007.17 megawatt (MW). Hydro power accounted for 2,812.88 MW of total installed power generation capacity, followed by renewable power (951.64 MW) and thermal power (213.70 MW). Under thermal power, coal accounted for 151.69 MW and gas accounted for 62.01 MW of total installed power.
  • With a hydro power potential of 27,436 MW (of which 24,000 MW has been harnessed), Himachal Pradesh accounts for 25.9 per cent of the country’s total hydro power potential. As per the State Economic Survey 2018-19, 20,912 MW of this is already allocated under various sectors.
  • Himachal Pradesh has made significant achievements in the field of industrialisation in the past few years. The rich natural resources of the state are favourably suited for investments in major sectors such as procurement of agricultural produce, hydroelectric power, cement, and tourism.
  •  Himachal Pradesh has made significant achievements in the field of industrialisation in the past few years.
  • The four agro-climatic conditions in the state support cultivation of multiple crops, vegetables, and fruits around the year. The state government is focusing on increasing productivity levels besides diversification towards high-value crops.
  •  The food grain production was targeted at 1.63 million metric tonnes in 2019-20. Horticulture production in the state reached 2,374.57 thousand metric tonnes in 2018-19, as per third advance estimates. 
  • To provide infrastructure support to entrepreneurs, Himachal Pradesh Government has developed 41 industrial areas and 15 industrial estates. Solan, Sirmour, Kangra and Una districts lead in terms of investments attracted.
  • Tourism sector of Himachal Pradesh contributes 7 per cent to the state GDP. Domestic tourist inflow in the state reached 16.83 million in 2019, while foreign tourist arrivals reached 383,000.  As of December 2019, there were 3,679 registered hotels in the state.

Industrial Map

Industrial Development & Economic Growth In Himachal Pradesh

Latest update: June, 2020

HIMACHAL PRADESH -A NORTH INDIAN STATE
HIMACHAL PRADESH -A NORTH INDIAN STATE
NSDP of Himachal Pradesh
HIMACHAL PRADESH -A NORTH INDIAN STATE

HIMACHAL PRADESH Govt Departments & Websites

FDI PPT ( Attachment Area)

PPT