Arunachal Pradesh
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Arunachal Pradesh, India’s northeasternmost state, is renowned for its natural beauty, strategic location, and cultural diversity. It shares international borders with Bhutan, China, and Myanmar and has abundant forests, rivers, and biodiversity hotspots. Known as the “Land of the Rising Sun,” the state is a treasure trove of tourism opportunities and ecological wealth. Agriculture and horticulture form the backbone of its economy, with vast potential in hydropower and sustainable development projects.
Economic Highlights:
- GSDP Growth: Arunachal Pradesh’s GSDP was Rs. 31,927 crore (US$ 4.01 billion) in FY 2022-23, with a growth rate of 9% CAGR from FY 2015-16 to FY 2022-23.
- GSDP Growth: Arunachal Pradesh’s GSDP was Rs. 31,927 crore (US$ 4.01 billion) in FY 2022-23, with a growth rate of 9% CAGR from FY 2015-16 to FY 2022-23.
- Key Industries: The state’s economy is driven by agriculture, tourism, power generation, and handloom/handicrafts industries.
Fact File
Capital
Itanagar
Geographical Area
83,743 sq. km
Population
approximately 1.7 million (2023 estimate)
Languages
English (official); over 26 major tribal languages
Key Exports
Handicrafts, fruits, and forest-based products
Literacy Rate
65.38%
Capital
Itanagar
Literacy Rate
65.38%
Geographical Area
83,743 sq. km
State Language
English (official); over 26 major tribal languages.
Key Exports
Handicrafts, fruits, and forest-based products.
Recent Developments
- Modernization of Itanagar Airport to enhance connectivity.
- Focus on rural electrification under central schemes like Saubhagya.
- Expansion of bamboo-based industries and handloom products for export.
- Collaborations to develop solar and wind energy projects.
Opportunities for Investment
Arunachal Pradesh offers immense potential in sectors like clean energy, agro-industries, tourism, and bamboo-based manufacturing. With favorable government policies and growing connectivity, the state is becoming an attractive destination for investors.
Key Sectors &
Developments
01
Hydropower
- Arunachal Pradesh has the highest hydropower potential in India, estimated at 58,000 MW.
- Recent investments focus on developing projects for clean energy production, positioning the state as a hydropower hub.
02
Tourism
- Known for its serene monasteries, adventure sports, and scenic valleys like Ziro and Tawang.
- The state promotes cultural and eco-tourism, showcasing its tribal traditions and natural beauty.
03
Agriculture & Horticulture
- Major crops: rice, maize, millet, and horticultural produce like oranges, apples, and pineapples.
- Government initiatives aim to boost organic farming and agro-industrial development.
04
Infrastructure Development
- Key projects include the Trans-Arunachal Highway and rail connectivity to boost trade and accessibility.
- Investments in education, healthcare, and digital infrastructure are transforming the state.
05
IT and Innovation
- Emerging hubs like Mohali are fostering growth in IT and startups.
- Initiatives like the Punjab Start-Up Hub provide funding and mentorship for entrepreneurs.
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