Investment Climate of Uttarakhand State

Abstract

The present paper is aimed at analysing the investment climate of the Uttarakhand State on the basis of present and future industrial scenario along with other parameters such
as economic profile, demographic profile, physical infrastructure, social infrastructure,
industry profile, industrial policy of state, state industrial nodal agencies, cost of doing
business The collected data is analysed using simple statistical techniques like trend
analysis, percentages, growth ratios, and TOWS Matrix is used for SWOT Analysis of
the industry. The GSDP of the state is largely depending on the services and industrial
sector contributing a share of 40 per cent and 49 per cent respectively during 2017-18.
The Uttarakhand State MSMEs’ and Large Industries put together were able to have a
tremendous increase from 70,495 to 4,04,601 in Employment generation, and from
Rs. 9,029 Cr. to 49,132 Cr. in Investment generation during 2000-01 and 2018-19. A
total number of units of 37,692, employment of 1,56,737 persons, and investment of
INR 4,699.91 Cr. are projected for a period of 15 years from 2015-2030. The projected
industrial trend is likely to achieve Uttarkhand’s Vision 2030 to some extent. It is
concluded that we can create enormous business opportunities through establishing a
good climate for doing business at ease.