A“WORLD MEDIA NETWOK” PRESENTS FDI IN INDIA & SCOPE
FOREIGN DIRECT INVESTMENT (FDI) IN PONDECHERRY
Introduction
Pondicherry (or Puducherry), a French colonial settlement in India until 1954, is now a Union Territory town bounded by the southeastern Tamil Nadu state. Its French legacy is preserved in its French Quarter, with tree-lined streets, mustard-colored colonial villas and chic boutiques. A seaside promenade runs along the Bay of Bengal and passes several statues, including a 4m-high Gandhi Memorial.
PONDECHERRY MAP
Area: 19.54 km²
Weather: 27 °C, Wind SW at 10 km/h, 86% Humidity
Population: 2.42 lakhs (2011)
Union territory: Puducherry (PY)x
DADRA & NAGAR HAVELI Industries
Key KeySectors
Puducherry has mineral deposits of limestone, clay, lignite, phosphate rocks, canker and laterite, among others. Some of the key industries in Puducherry include chemicals, textiles, leather, electronics, light engineering, metals, tourism and food processing.Puducherry is situated on the Coromandel Coast of the Bay of Bengal. Being a former French colony, the territory witnesses a prominent presence of French culture. The territory is conveniently located about 135 km away from Chennai, with a minor port located between two major ports at Chennai and Tuticorin. Gingee and Pennaiyar are the major rivers in the region. Ministry of Shipping has identified a lighthouse in the territory to be developed in phase-I of its Lighthouse Tourism initiative.
PONDECHERRY FDI Present Scene
“WMN”BROAD VIEW & Business Support.
World Media Network” is helping upcoming and existing businesses to grow as the government is supporting the business in increasing their work towards the domestic as well as international Tie-Ups. Service-oriented industries need to be promoted with direct and indirect participation for Franchising modules in the INDIA and “WMN” would help them to connect with the brands as well the investors and venture capitalists to increase the growth of the company in future.
Tourist arrival of over 1.8 mn in 2018.Agriculture and tourism sectors are major contributors to the economy of Puducherry and about 35% of the UT’s population depends on agriculture and allied activities.The degree of irrigation is as high as 90% of the total land. Major food crops grown in the territory include rice, ragi, bajra and pulses, while various cash crops grown include sugarcane, cotton and groundnuts.
Investible Projects Investment Opportunities in Puducherry
263OpportunitiesUSD 592.32 bn Worth
Mode of Implementation
- 170EPC
- 44To Be Finalized
- 27Not Disclosed
- 7PPP
- 7Others
- 2Hybrid Annuity
- 2Turnkey
- 0 Swiss Challenge
Pondicherry Govt Departments & websites
- National portal
- Department of science, technology and environment
- Ministry of environment & forests
- Puducherry pollution control committee
- Public works department
- Ministry of housing and urban
- Town and country planning department
- Department of science & technology
- National buildings organisation
- Puducherry coastal zone management authority