Why Invest in Uttarakhand
Formed in November 2000, Uttarakhand is a relatively new state. It is rich in water and forest resources. The state enjoys a with the floating population almost double the population of the state with 38,000 of the forest areas which is 71% of its geographical area. In addition to this, the state boasts a Gross State Domestic Product of 2,63,233 million INR with Per Capita GSDP at 1,98,074 INR.
Uttarakhand which is home for various destinations like Adventure & water sports, Hospitality, pilgrim festivals, Nature & Wildlife, Health & rejuvenation and rural tourism and offers many adventure opportunities in the form of trekking, skiing, paragliding, camping, angling, mountaineering and rock climbing. The State has an unbeatable combination of Single Point Clearances, Subsidies and incentives for investment, Cheap Power, Clean Water, Highly skilled manpower, Good law & order, Proximity to National Capital Region with its huge Tourist arrivals (Highest in the hilly states of India), world-renowned education system, Wild-life sanctuaries, Flora and Fauna, peaceful & friendly people provide an unmatched quality of life to its residents as well as dedicated Relationship managers for Investors to guide them through their investment life cycle.
Uttarakhand offers transparent tax policies and swift approvals for projects, with cost of setting up business miniscule as compared to the NCR or other major cities andstates. Also, there are many fiscal benefits offered on investments by the state and the central government. Uttarakhand proudly stands at the top among its Himalayan counterparts on the ‘Ease of Doing Business’ index with the implementation score of 98.10%.