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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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