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Introduction |
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Formed by carving out 14 hilly districts of Uttar Pradesh, Uttarakhand is strategically located and forms part of India's northern boundary. The state is endowed with diverse geographical features ranging from snow–capped mountain peaks in the north to tropical forests in the south. Equally diverse are the climatic conditions and vegetation found across the state. The scenic hills, the large forest cover, and the presence of different holy shrines give an enormous boost to its tourism economy.
Apart from this, Uttarakhand is a home to several of the nation's major industries which have a strong foothold in the manufacturing and services sectors. Not only agro-based, the state is now attracting IT, sugarcane-based alternative energy and power generating companies and biotech companies. Urban infrastructure development is a priority and tourism sector is considered as the major promoter of the economy.
The government has an objective to place Uttarakhand on the world map as a leading destination for environmentally "sustainable and socially responsible tourism". There was a 224.21 per cent rise in the budget allocated for tourism, between the ninth and tenth Five-Year Plans.
The state of Uttarakhand - with Dehradun as its administrative and legislative capital - is one of the five states in India to be declared as UNESCO's World Heritage Biodiversity sites. The state occupies an area of 53,483 sq km and has a population of 8.5 million.
GSDP at current prices in 2005-2006 stood at US$ 6,331.1 million, while the NSDP at current prices in 2005-2006 stood at US$ 5,508 million. Annual per capita income at current prices in 2005-06 has been US$ 691.17.
Advantage Uttarakhand
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The
state has significant
hydro-potential (15,000 MW) of which
only 1124 MW has been realised.
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The
state is promoting establishment of
Industrial estates, industrial parks
and growth centre in the State.
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A
dedicated IT Park to come up in
Dehradun.
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Uttarakhand
is the first state in the country to
have created a Tourism Development
Board by legislation.
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Vast
pool of a natural resource adds to
the state’s attractiveness as an
investment destination, especially
for tourism and forest based
industry.
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Abundant
availability of quality human
resource base at competitive rates.
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Uttarakhand
compares favourably with the all
India aggregates in terms of the
spread of basic infrastructural
facilities.
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Investments
in Uttarakhand enjoy a number of
fiscal benefits like the
Concessional Industrial Package
offered by the State and the Central
governments.
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The
Tehri Hydro Development project is
one of the highest multipurpose
projects to be built across river
Ganges.
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Uttarakhand
has been successfully able to
attract some of the key industrial
players like Mahindra & Mahindra,
Asahi India Glass, Atlas
Cycle Ltd., Britannia Industries
Ltd., LG Electronics India Ltd, etc.
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Content Source: www.ibef.org
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