Sikkim is home to the highest peak in India and the third highest in the world, Mount Kanchenjunga. The state has an agrarian economy based on terrace farming of rice and cultivation of crops such as maize, millet, wheat, barley, oranges, tea and cardamom. The state is richly endowed with rare and exotic flora and fauna, which includes 5,000 species of flowering plants, 515 rare orchids, 60 primula species & 36 rhododendron species. This makes it one of the leading states in the Northeast region in terms of production & supply of cut flowers to mainland consumer markets. Of the 6,000 medicinal plants in India, over 424 plants (including the famous Artemisia vulgaris that is used as an antiseptic) are grown in Sikkim.
Sikkim enjoys a strategic locational advantage, sharing its boundary with Bhutan, China and Nepal. Teesta and Rangeet are the two major rivers flowing through the state with nearly a hundred tributaries. The state is home to 315 glacier lakes and has also done well on the sanitation front and is India’s first fully organic state.
The state has attracted Foreign Direct Investment (FDI) equity inflows worth US$ 5.59 billion during the period April 2000 to June 2019, according to data released by the Department for Promotion of Industry and Internal Trade (DPIIT).
As of November 2019, Sikkim had a total installed power generation capacity of 965.51 MW, of which 154.33 MW was under central utilities, 399.07 MW was under private utilities & 412.11 MW was under state utilities
The Ministry of Tourism has awarded the capital city of Sikkim, Gangtok, with the title of ‘Safest Tourist Destination’ in the country. The state featured and ranked 17th in the New York Times ’52 best places to go in 2017’. The central government in 2016 approved Swadesh Darshan projects under which Sikkim was allotted USD $14.6 mn for tourism development.
Sikkim is India’s first fully organic state. More than 64% of the population depends on agriculture as their primary source of income.
The state is richly endowed with rare and exotic flora and fauna, which includes 5,000 species of flowering plants, 515 rare orchids, 60 primula species & 36 rhododendron species. This makes it one of the leading states in the Northeast region in terms of production & supply of cut flowers to mainland consumer markets.
With an estimated hydropower potential of 8,000 MW, Sikkim is north-east India’s highest hydropower generating state.
Andhra Pradesh, the 10th most populated state in India, is home to about 4.1% of the country's total population. The state's population of 49.4 mn is equivalent to the population of Spain.
FDI India Media Coverages
PM Modi's Keynote Address at US-India Strategic Partnership Forum
Policy Watch - 100?I by NRIs in Air India
PM Modi: 'India Fulfilling Its Demands Through Make In India - FDI India
PM Modi unveils Atmanirbhar Bharat Abhiyaan for India