Economy of Himachal Pradesh

Displaying a shining face of the state, Economy of Himachal Pradesh has made it the fourth largest per capita income generating place of India. From Tourism, Agriculture and Real Estate to Mineral Resources, Animal Husbandry, Fishing and Natural Resources, the Economic prosperity is found in every sector.

While the Tourism department of Himachal Pradesh boasts of an ever-increasing number of visitors in the hilly premises, the Agriculture segment of the state comprises of productive cattle, high quality cash crops and dairy farms. The Kangra and Mandi districts of the state have been specifically facilitated with advanced farming techniques that were developed by the Government of West Germany.

Real Estate is another prime catalyst which is contributing significantly towards the immense growth of the Economy of Himachal Pradesh. With major national and even international Real Estate agencies appearing into the industrial scenario of the place, the entire area of the state is gaining a new infrastructural look.

The abundance of Mineral Resources found in the vast landscape of Himachal Pradesh has made it one of the most sought-after industrial places of India. The extensive usage of these Minerals in different industrial pockets has resulted in further development of the Economy.

With more and more Research and Developmental works in the field of Animal Husbandry, the state of Himachal Pradesh is implementing newer and fruitful ways of breeding techniques that go a long way in boosting up the Economy of the place.

The Fishing Department of Himachal Pradesh is one such field which has transformed itself into one of the most progressive Economic sectors of the state. The yearly revenue earned from the Fishing industry has increased considerably in the recent past.

Surrounded by serene hills and beautiful glaciers, Himachal Pradesh flaunts its infinite reserve of Natural Resources. Among others, the perennial rivers of the state counts for a major share of its Economic growth. The existing and proposed hydel projects of the place are surely one of the prime factors that symbolize the well-being of its Economy.

Undoubtedly, the Economy of Himachal Pradesh is all set to take a new and progressive turn towards a brighter tomorrow.