The economy of Himachal Pradesh has been transformed rapidly from the most backward state of India to one of the most advanced state. Himachal Pradesh is also known as the Apple State of India. The economy is increasing day by day of this place due to the increase in the number of tourists that visit this place all around the year. Most of the revenue generated to this place is due to the travel and tourism. Huge collection is been seen since last few years which is indeed a good thing for the economy as a whole.
Himachal pradesh is one of the best states of india. It is a tourist hub attracting huge crowds of foreigners throughout the year. The economy of himachal pradesh majorly gets contributions from tourism and agriculture. The state has also got number of pharmaceutical companies which also contribute greatly to its economy. The state has also received the best state award.