Himachal has a rich heritage of handicrafts. These include woollen and pashmina shawls, carpets, silver and metal ware, embroidered chappals, grass shoes, Kangra and Gompa style paintings, wood work, horse-hair bangles, wooden and metal utensils and various other house hold items.
These aesthetic and tasteful handicrafts forgotten for a while due to competition from machine made goods and lack of marketing facilities. Are now in increased demand for handicrafts within and outside the country.
Himachal is extremely rich in hydro electric resources. The state has about 25% of the national potential in this respect. It has been estimated that about 20,300MW of hydro electric power can be generated in the State by constructing various major, medium, small and mini/micro hydel projects on the five river basins. The state is also the first in India to achieve the goal of having a bank account for every family. As per the current prices, the total GDP was estimated at 25,435 crore as against 23,024 crore in the year 2004–05, showing an noticeable increase of 10.5%.