State Report (2008)

The state of Himachal Pradesh, located in the northwest of India, is at the forefront in attracting investments - especially in the construction and manufacturing sectors. The state government is creating an attractive investment climate by announcing various investment friendly policies and initiatives. Investment in the manufacturing sector of the state shot up by 95.5 per cent, while that in the construction sector rose from US$ 48.2 million as of March 2006 to US$ 492.6 million as of March 2007.

Himachal Pradesh has also emerged as one of the fastest growing region for the pharmaceutical industry in India. More than 300 pharmaceutical firms have set up base in Himachal Pradesh, including leading pharmaceutical companies such as Dr Reddy's Laboratories, Cipla, Ranbaxy etc...

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State Presentation (2008)

The state's GDP grew an impressive 11.2 per cent between 1999-00 and 2005-06, to reach US$ 5 billion.

Himachal Pradesh is endowed with rich natural resources to help generate hydel power (about 20,386 MW); of which hydel potential of 6,353.12 MW has been harnessed. The state witnessed a zero level power deficit for the year ending March 2007.

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