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Business Opportunities in Uttarakhand

Power and Infrastructure: The creation of infrastructure itself within the state offers tremendous potential for private investment. For a potentially power- rich state, the generation, transmission and distribution of power provide vast investment opportunity. Significant opportunities are available for the construction of industrial parks, specialised production zones for IT.

Tourism: Uttarakhand offers immense opportunities for development of a vast array of tourist facilities particularly in the areas of eco and health tourism.

Agro and Forest Based Industry: Since a significant portion of Uttarakhand is under forest cover thus offering excellent potential for the development of forest resources based industries in the state.Ample opportunity also exists to develop agro-waste industries. Uttarakhand is host to all major climatic zones that makes the state suitable for food preservation and floriculture.This together with minimum temperature and chill factor conditions provide abundant opportunities in setting up cold chain technologies, rootstock cultivation and processing, horticulture farms, food processing industry, contract farming herbal and medicinal plants cultivation.

Knowledge: Based Industry: High literacy levels coupled with the presence of quality educational institutes make the Uttarakhand ideal for the location of sunrise industries such as biotechnology and IT.The state government is actively promoting supporting infrastructure.

Source: www.ibef.org



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