Overview
Puducherry, a Union Territory on India’s southeastern coast, recorded a GSDP of ₹12,500 crore in 2023–24, with a growth rate of 7.8%. The per capita income of Puducherry stands at ₹2,77,000, significantly higher than the national average. The economy of Puducherry is diversified across sectors like services, manufacturing, tourism, and agriculture. The region is also known for its French colonial legacy, making it a unique hub for tourism, as well as its role as a key port and industrial center.
Why Invest in Puducherry
- Tourism Hub: Famous for its heritage, beaches, and natural beauty, attracting both domestic and international visitors.
- Manufacturing Growth: Presence of industries like textiles, chemicals, and electrical goods.
- Strategic Location: Situated on the southeastern coast, offering access to international markets.
- Government Support: Policies focused on tourism, manufacturing, and infrastructure development.
Incentives & Schemes
- Tourism Development: Incentives for setting up hotels, resorts, and tourism-related businesses.
- Industrial Promotion: Tax incentives and subsidies for industries in manufacturing and export-oriented sectors.
- Infrastructure Projects: Focus on port development, smart city initiatives, and improving connectivity.
Key Economic Data: Puducherry
| Category |
Details |
| Capital |
Puducherry |
| GSDP (2023–24) |
₹12,500 crore |
| Growth Rate |
7.8% |
| Per Capita Income |
₹2,77,000 |
| Top Sectors |
Tourism, Manufacturing, Agriculture, Services |
| FDI Share in India |
0.02% |
| Top FDI Sources |
Singapore, UAE |
| Cumulative FDI (FY2024) |
₹150 crore (Q1) |
| Policy Impact |
Focus on tourism, manufacturing, and infrastructure |
| Recent FDI |
₹45 crore (2020–21) |
Latest Insights
- Puducherry attracted ₹150 crore in cumulative FDI by Q1 FY2024.
- The tourism sector continues to grow, leveraging the region’s heritage and natural beauty.
- Government policies are supporting the manufacturing and infrastructure sectors, with a focus on export-oriented industries.
