Tribune News Service
Shimla, September 5
The government today signed 27 memoranda of understanding (MoUs) worth Rs 3,307 crore with various firms that would provide jobs to around 15,000 persons.
Industries Minister Bikram Singh said the state leads in ease of doing business ranking among the neighbouring states of Punjab, Haryana, Uttarakhand and Delhi. Director, Industries, Rakesh Prajapati signed the MoUs on behalf of the government.
He said Himachal was the only state to have a state-of-the-art defence park at Nalagarh. Some investors had evinced interest in setting up ethanol units and six MoUs worth Rs 1,000 crore were signed for setting up ethanol plants.
"The government offers distinct advantages to the investors such as affordable land cost, high quality and reliable power supply and proactive and accessible administration," the minister said.
He revealed that proposals received were intended to make investment in ethanol, medical devices, education and skill development, pharmaceuticals, paper manufacturing, food processing, healthcare, automobile, electronics manufacturing and industrial infrastructure.
The minister said as a new trend in the state, a few entrepreneurs had also shown intent in developing private industrial areas and theme parks. The government had already made provision of incentives and concession in the HP Industrial Investment Policy 2019 for setting up private industrial areas and theme parks.
The Director, Industries, said the government was set to organise the 2nd ground-breaking ceremony and making efforts to attract fresh investment.
Trident Co signed an MoU worth Rs 800 crore for setting up a textile park, Better Tomorrow Infrastructure and Solution signed a pact worth Rs 490 crore for an industrial park. Madhav Agro signed an MoU worth Rs 400 crore for an industrial park. Himalayan Group of Institutions signed an MoU worth Rs 150 crore for setting up the first skill university. Pitaara TV signed a deal worth Rs 100 crore for setting up a film city.
Metaphysical Healthcare, a franchise of Apollo Hospital, signed an MoU worth Rs 150 crore for a 250-bedded hospital. Nachiketa Papers signed a pact worth Rs 100 crore for manufacturing of craft and duplex boards.
Agreements signed
- Trident inked an MoU worth Rs 800 cr for a textile park
- Better Tomorrow Infra signed a pact for industrial park
- Himalayan Group of Institutions signed an MoU worth Rs 150 crore for first skill university
- Pitaara TV signed a deal for a film city
- Metaphysical Healthcare signed an MoU for a 250-bedded hospital
