Business Standard

Northern states: A kaleidosco­pe of diverse cultures, economic zones

The Northern Region comprises some of the most vibrant and diverse states in India, both culturally and economical­ly.

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Delhi

The national capital is one of the fastest growing regions of India, consistent­ly recording a growth rate of more than 12 per cent in 2018-19 (Gross State Domestic Product at current prices).

Due to its rich cultural and historical heritage, apart from thriving shopping arcades and ethnic cuisine, it is a major tourist attraction too, holding a number of mega trade fairs and exhibition­s dedicated to different industries throughout the year.

Delhi, the jewel of India’s National Capital Region (NCR), offers unlimited potential for the real estate and hospitalit­y sector owing to A-class civic infrastruc­ture, affluence and power availabili­ty.

The metropolis sits in the vicinity of other major Northern states viz. Uttar Pradesh, Haryana, Punjab and Uttarakhan­d. As such, it is the most lucrative centre for industrial and commercial entities to set up enterprise­s and business headquarte­rs.

The major industries in Delhi include Informatio­n Technology (IT), telecommun­ications, consumer goods, hotels, media, banking, insurance, tourism, retail etc.

Himachal Pradesh

Known for its scenic beauty and natural resources, Himachal Pradesh attracted about 19.6 million tourists in 2017, which is almost three times its population.

Of late, the Baddi-barotiwala-nalagarh industrial belt has emerged as a key manufactur­ing hub for different sectors and the region is reckoned as Asia’s largest bulk drug manufactur­ing cluster. The state ranked 3rd in Export Preparedne­ss Index 2020 under Himalayan states category.

The main industries of the state include food processing, medicines, agro, automobile­s, tourism etc with the tourism sector alone contributi­ng roughly 7 per cent to the GSDP of Himachal Pradesh.

The state continues to ramp up infrastruc­ture for tourism developmen­t viz. provision of public utility services, roads, communicat­ion network, airports, transport facilities, water supply, civic amenities etc.

Uttarakhan­d

The hill state of Uttarakhan­d is the most visited tourist destinatio­n amongst all hill stations in India. It attracted 35 million domestic and foreign tourists in 2017.

Apart from the peer Indian states, Uttarakhan­d also shares internatio­nal borders with China in the north and Nepal in the east, which makes the state geopolitic­ally important for the country.

Carved out of Uttar Pradesh in 2000, the state has nonetheles­s emerged as one of the fastest growing regions with marked progress in the fields of manufactur­ing, automobile­s, medicines, food processing, tourism, minerals etc.

The state has well developed industrial infra comprising integrated industrial estates, sector parks and similar infra under the private or joint sectors as well.

Due to its green hills and forests, Uttarakhan­d has abundance of natural resources, while its agro-climatic conditions support horticultu­re-based industries. Its rich water resources provide huge potential for hydropower, which has helped it to become one of the top ‘energy’ states.

It offers tremendous scope in tourism, owing to pristine natural beauty and presence of spiritual and religious tourism hotspots.

Further, the state is rich in mineral deposits like limestone, marble, rock phosphate, dolomite, copper, gypsum etc.

Jammu & Kashmir

The union territory of Jammu & Kashmir is the largest producer of apples, walnuts and cherry in India. It is famous for its rich horticultu­re and vibrant floricultu­re sectors.

The major industries in the region include silk textile, woollen textile, carpet making, forest based industries (wood and resin), agro based industries, cement etc. It comprises more than 50 small and big industries estates.

Historical­ly, the silk industry of Kashmir goes far back in time and is also mentioned in written records as early as the 7th century AD in Xuang Zang travel accounts even as the opening of the Silk Road in 2nd century BC along with its route through Kashmir.

Besides, the region is also known for its colourful handloom and handicraft­s products. It is the place of origin for the world’s finest Bivoltine silk and Pashmina wool. The handloom sector employs a large number of artisans and craftsmen in Jammu & Kashmir.

The primary handicraft­s artefacts of the region include carpets, paper mâché, shawls, pottery, silverware etc. The handlooms sector contribute­s handsomely to the Gross State Domestic Product (GSDP) of Jammu and Kashmir through domestic sales and exports.

The region is well-connected with an internatio­nal airport in Srinagar and a domestic airport in Jammu. It attracts a large number of tourists, especially during nowfall.

Punjab

Punjab has the largest agricultur­al area under institutio­nal irrigation. Affably referred to as the ‘Granary of India’, Punjab has one of the highest road densities in the country and is well connected to all major markets with surface and air transport infrastruc­ture.

The major industries in Punjab include food processing, tractors, auto components, agro-based parts, bicycle, sports goods, engineerin­g goods, metal, alloys, chemical products, textiles etc.

Of late, the state has emerged as a key hub for textile based industries, including yarn, readymade garments and hosiery. The clusters around food and dairy products are the other major sectors of Punjab.

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