Himachal Pradesh is located in the northern region of India. The state is surrounded by Jammu & Kashmir on the North, Punjab on the West and the South-West, Haryana on the South, Uttar Pradesh on the South-East and China on the East. Agriculture contributes nearly 45% to the net state domestic product. It is the main source of income as well as employment in Himachal and 93% of the state population depends directly upon agriculture.

At current prices, the Gross State Domestic Product of Himachal Pradesh reached Rs 1.6 trillion (US$ 24.18 billion) in 2019-20. The state’s GSDP (in Rs) increased at a Compound Annual Growth Rate of 11.11 per cent between 2011-12 and 2019-20. According to the Department for Promotion of Industry & Internal Trade (DPIIT), during April 2000 to June 2019, FDI inflows in the state^ totalled to US$ 2.15 billion. Total merchandise exports from Himachal Pradesh were US$ 1,323.43 million in FY19. Between Apr-Sept 2019, merchandise exports from the state stood at US$ 659.67 million.

According to the Department for Promotion of Industry & Internal Trade (DPIIT), during April 2000 to June 2019, FDI inflows in the state totalled to US$ 2.15 billion. During 2019 (up to October 2019), 12 investment intentions were filed in Himachal Pradesh with a proposed investment of Rs 279 crore (US$ 39.92 million).