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Uttaranchal is a young state, barely four years old, having been carved out of Uttar Pradesh. It has however several good things going for it. Levels of
literacy in the state are higher than the national average. The hills, the large forest cover and the presence of several holy shrines offer a tremendous tourist
potential. The paper describes in some detail the resource base available in the State and the potential that exists for development in specific areas; e.g.
development of tourism, IT and biotech fields, particularly industries based on herbal and medicinal plants, hydro power generation etc. It then outlines the
policy measures that have been initiated by the State Government, as also those about to be initiated, to develop the
potential. There is a brief note on the
industries that have been operating in the state for sometime like BHEL (Haridwar),
Surya Lighting and LG Electronics. Prominent among those who have decided to
invest in the State are Mahindra & Mahindra (automotive), Hero Honda (two-wheeler), Asahi
Glass, Atlas Cycles and Britannia Industries (food
products).
The report leads to an inescapable conclusion that Uttaranchal is an attractive destination for light industry as well as the IT and the biotech
sector
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