Himachal Pradesh Industries and its policies

Industry is the production of goods or related Services within an economy.The major source of revenue of a group or company is the indicator of its relevant industry. Following the Industrial revolution, many developed countries and developing on manufacturing industry. In twentieth century when science and technology have gained unquestionable supremacy, the level of the industrial development of a country has become the yardstick to judge its actual development.

British Government never intended to develop the industries in our country during pre-independence period. After independence, Industrial Policy, 1948 and the Industries (Development and Regulation) Act, 1957 gave an idea of the Attitude of the Government with regard to the Development Of Industries. But, it was only the adoption of planning in 1951 which created a favorable Atmosphere for the development of industries. Over the time different states progressed on the path of industrial development contributing to economic Growth of country.

Industries

Himachal Pradesh has made significant achievements in the field of industrialisation in the past few years. As of December 2015, the state recorded 40,172 working units, of which, the large industrial units were recorded to be 138 whereas the medium scale units were 380. Out of the total allocated budget of US$ 5.23 million for the Industrial Sector, an amount of US$ 3.03 million was incurred by the sector till December 2015.

The increase in total State Domestic Product is mainly attributed to 12.3 percent in Community & Personal Services sectors, 11.0 percent in manufacturing sector,9.2 percent increase in Electricity, Gas & Water Supply,

Agro-Horticulture-2/”>Horticulture, herbal, wool, sericulture and electronics are the major industries in the state. Small-scale village based industries plays important role in EMPLOYMENT generation.

In small scale sector, microscopes, watch parts, thermometers, hospital and heating equipments are being manufactured, whereas the village industry sector consists sheep-rearing, wood carving, blacksmith, spinning, weaving, leather tanning, Pottery, handloom, handicrafts and bamboo crafts. Handloom and sericulture are the most important village industries.

One Export Promotion industrial park is developed in Baddi and one electronics complex is being developed in Shoghi near Shimla. Fruit processing is naturally an important element in the industrial development of the state.

One of the biggest fruit processing Plants in Asia at Parwanoo is in operation. Tea is grown in Kangra and Mandi districts. Besides these, there are many Mineral Based Industries like stone crusher, calcium carbonate units, hydrated lime units etc.

Himachal Pradesh is one of the fastest-growing regions in the pharmaceutical industry in India, driven by incentives announced by the State Government in its Industrial Policy, 2004.

The textiles industry in Himachal Pradesh is mainly focussed on spinning, with companies such as Vardhman engaged in weaving and dyeing. Raw silk production in the state has increased from 23 metric tonnes in 2012-13 to 30 metric tonnes in 2014-15. In 2015-16, production of raw silk in the state was 32 metric tonnes.

Tourism is emerging as a Himachal Pradesh Industries and its policies big industry of Himachal Pradesh. After the threat of terrorists in Jammu & Kashmir a large number of tourists moves towards this state to enjoy the same type of natural beauty.

Main tourist complexes are: Shimla, Palampur, Dharamsala, kullu-Manali and Chamba-Dalhousi. The Chamba district has been christened as the Switzerland of Himachal Pradesh.

Main pilgrim centers are: Bhima Kali temples, Sarahan, Hatkoti, Jwalajee, Chamunda Devi, Chintpurni, Renuka, Rewalsar, Deoth Siddh and Naina Devi.

The State Tourism Development Board developed many tourist attractions like resorts, water Sports complex, hang-gliding etc. The hang-gliding competition at Kangra valley, Khajjar resort at Chamba district and the water sports complex of Solang Nallah are very popular in this state.

Problems

Himachal is facing a number of difficulties in the advancement of industries. Some major ones are-

Lack of means of dependable transport and poor

Poor mineral Resources,

Non-availability of Infrastructure-2/”>INFRASTRUCTURE and Communication facilities,

Shortage of capital and

Lack of modern skills

SCOPE OF INDUSTRIES IN HIMACHAL PRADESH

There is vast scope for setting up small scale industries in Himachal Pradesh. It is discussed under following heads:

Resource based Industries-State is having very limited surplus resources. However there are some surplus resources in agriculture, horticulture, forests and Minerals etc. Ex- Maize base snacks, Pickle, Chutney, Squashes, Fruit canning etc.

Skill based industries- There are certain skills available in Himachal Pradesh in the form of artisans, ITI trained persons and other skill persons who are working as skilled workers in existing industries in the State as well as in neighboring States. Ex- Leather shoes Carpets Shawls/patti weaing Hosiery products etc.

Demand based industries: Demand for various items depends on social, cultural, economic, climatic conditions, policies and ongoing development programmes of the Govt. for ex- Spice Grinding, Flour Mill, Milk product etc.

Key policy initiative:

IT Policy 2001- For using IT to promote world class e-tourism in HP.
Industrial policy 2013- to achieve environmentally sustainable and balanced industrial growth.
Himachal Pradesh state water policy 2013 – to ensure planning, development and management of water resource.
Hydro policy- to focus on capacity development, Energy Security,and availability, affordability, efficiency and employment generation.
Himachal Pradesh solar power policy 2016- to provide 24×7 power to remote and rural areas.

Himachal Pradesh is a state in northern India. It is bordered by the states of Jammu and Kashmir to the north, Punjab to the west, Haryana to the southwest, Uttarakhand to the south, and China to the east. The state has a Population of over 7.5 million people and a land area of over 55,000 square kilometers. The capital of Himachal Pradesh is Shimla.

The economy of Himachal Pradesh is based on agriculture, Forestry, and tourism. The state is a major producer of apples, potatoes, and peas. It also has a significant forest cover, which provides timber and other forest products. Tourism is a major Source Of Income for the state, with visitors coming to enjoy the state’s natural beauty, including its Mountains, forests, and lakes.

The government of Himachal Pradesh has been promoting industrial development in the state in recent years. The state has a number of Industrial Policies in place, which offer incentives to businesses that invest in the state. The state also has a number of industrial development corporations, which provide support to businesses.

The following are some of the major industries in Himachal Pradesh:

Agriculture: Himachal Pradesh is a major producer of apples, potatoes, and peas. The state also has a significant forest cover, which provides timber and other forest products.
Tourism: Tourism is a major source of income for the state, with visitors coming to enjoy the state’s natural beauty, including its mountains, forests, and lakes.
Manufacturing: The manufacturing sector in Himachal Pradesh is growing rapidly. The state has a number of manufacturing units, which produce a variety of products, including textiles, electronics, and Food Processing.
Information technology: The information technology sector is also growing rapidly in Himachal Pradesh. The state has a number of information technology companies, which provide a variety of services, including Software development, web design, and data processing.

The government of Himachal Pradesh is committed to promoting industrial development in the state. The state has a number of industrial policies in place, which offer incentives to businesses that invest in the state. The state also has a number of industrial development corporations, which provide support to businesses.

The following are some of the benefits of investing in Himachal Pradesh:

The state has a skilled workforce.
The state has a good infrastructure.
The state has a favorable tax regime.
The state has a good business Environment.
The state is located in a strategic location.

If you are considering investing in Himachal Pradesh, you should contact the state government or one of the industrial development corporations for more information.

What are the different types of industries in Himachal Pradesh?

The main industries in Himachal Pradesh are agriculture, forestry, tourism, and manufacturing.

What are the major agricultural products of Himachal Pradesh?

The major agricultural products of Himachal Pradesh are rice, wheat, maize, barley, pulses, oilseeds, fruits, and vegetables.

What are the major forest products of Himachal Pradesh?

The major forest products of Himachal Pradesh are timber, fuelwood, and fodder.

What are the major tourist attractions of Himachal Pradesh?

The major tourist attractions of Himachal Pradesh are its mountains, valleys, lakes, temples, and monasteries.

What are the major manufacturing industries of Himachal Pradesh?

The major manufacturing industries of Himachal Pradesh are textiles, electronics, and food processing.

What are the major policies of the Himachal Pradesh government to promote industries?

The major policies of the Himachal Pradesh government to promote industries are:

Providing subsidies on land, electricity, and water.
Offering tax breaks and other incentives.
Setting up industrial parks and clusters.
Providing training and support to entrepreneurs.

What are the challenges faced by industries in Himachal Pradesh?

The challenges faced by industries in Himachal Pradesh include:

The high cost of doing business.
The lack of skilled manpower.
The poor infrastructure.
The remote location of the state.

What are the opportunities for industries in Himachal Pradesh?

The opportunities for industries in Himachal Pradesh include:

The state’s rich Natural Resources.
The growing demand for its products.
The government’s support for industries.
The state’s strategic location.

Sure, here are some MCQs without mentioning the topic Himachal Pradesh Industries and its policies:

Which of the following is not a type of industry?
(A) Primary industry
(B) Secondary industry
(C) Tertiary industry
(D) Quaternary industry
Which of the following is not a factor of production?
(A) Land
(B) Labor
(C) Capital
(D) Entrepreneurship
Which of the following is not a type of business organization?
(A) Sole proprietorship
(B) PARTNERSHIP
(C) Corporation
(D) Cooperative
Which of the following is not a type of market structure?
(A) Perfect competition
(B) Monopoly
(C) Oligopoly
(D) Duopoly
Which of the following is not a type of economic system?
(A) Capitalism
(B) Socialism
(C) Communism
(D) Mercantilism
Which of the following is not a type of economic growth?
(A) Exogenous growth
(B) Endogenous growth
(C) Trickle-down growth
(D) Supply-side growth
Which of the following is not a type of Economic Development?
(A) Human Development
(B) Sustainable Development
(C) Inclusive development
(D) Trickle-down development
Which of the following is not a type of economic policy?
(A) Fiscal Policy
(B) Monetary Policy
(C) Exchange rate policy
(D) Trade Policy
Which of the following is not a type of economic indicator?
(A) Gross domestic product (GDP)
(B) Gross national product (GNP)
(C) Net national product (NNP)
(D) Gross NATIONAL INCOME (GNI)
Which of the following is not a type of economic theory?
(A) Classical economics
(B) Neoclassical economics
(C) Keynesian economics
(D) Monetarism