Himachal Government would provide all possible support to entrepreneurs interested to invest in the State and they should come forward and take benefit of the diverse investment opportunities offered by the State, Chief Minister Jai Ram Thakur said on Wednesday.
Addressing industrialists and entrepreneurs during the ‘Road Show-Business to Government’ held at Bengaluru, the Chief Minister said that Himachal Pradesh was emerging as the next big growth story of India, displaying a robust GSDP growth rate in the past years.
This event was organised by the State Government in association with the Confederation of Indian Industries (CII) to showcase the investment potential in the State and invite the entrepreneurs to participate in the ‘Himachal Pradesh Global Investors Meet-2019’ slated to be held at Dharamshala on 10th and 11th June, this year.
Thakur said the State was not only a Dev Bhoomi, but also poised to emerge as the ‘Industrial Hub’ of the Country. He said that the State Government has prepared industrial policy which aims to establish state-of-the-art infrastructure, promote manufacturing sector, enhance inclusivity, foster innovation and create employment opportunities across the sectors.
The Chief Minister said the State has vast potential to invest in various sectors like tourism, electronics and information technology, education and skill development, urban development/ real estate development, healthcare and Ayush, Manufacturing, pharmaceuticals, infrastructure and logistics, power and renewable energy, agro and food processing etc.
Pointing out that each of these sectors offers ample investment opportunities in the State, he said the salubrious climatic condition and diverse natural settings make the State the best destination for investment in the tourism sector.
Inviting the entrepreneurs to come forward to invest in the State, the Chief Minister said the State Government was also offering several incentives and concessions to the entrepreneurs, such as concession in stamp duty payable by industry, relaxed FAR norms reduced change of land use charges etc.
"One of the biggest advantages the State has, is availability of quality power at one of the most competitive rates in the country and this situation would continue for years to come considering the immense power potential, low generation costs and the quality transmission and distribution has put in place", he added.
The Chief Minister said that in order to tap the vast potential of the State in attracting investment in sectors such as tourism, hospitality, resorts, pharmaceutical, MSME, engineering tools, information technology, Health and Wellness Centers, herbal and Ayurveda based projects, horticulture, power sector, food processing, real estate, education etc. the State Government was organising a Global Investors’ Meet on 10th and 11th June, 2019 in Dharamshala.
He invited the entrepreneurs to participate in maiden Global Investors’ Summit being held at Dharamshala by getting registered for the Meet at www.investinhimachal.com.
He also had one to one interaction with several captains of the Industries.
Industries Minister Bikram Singh said that the State has a reputation of being an investor friendly and responsive administration continuously striving to streamline and simplify procedures to attract private investment. The State Government has visualised a major role for the private sector in this endeavour.
Additional Chief Secretary Dr. Shrikant Baldi and Additional Chief Secretary Industries Manoj Kumar highlighted the vast investment opportunities in Himachal Pradesh.
Principal Secretary IT, Excise and Taxation Jagdish Chander Sharma said the State Government has established a Chief Minister’s Dashboard for effective monitoring of projects being executed in the State. Most of the public services were online in the State and the State has one of the highest tele density in the country. He said that the State has immense potential of investment in IT sector as the State has pollution free environment and salubrious climatic conditions.
An interactive session was also held with the entrepreneurs present on the occasion.
Principal Secretary Power Prabodh Saxena, Special Secretary Industries Abid Hussain, Director Industries Hans Raj Sharma, Principal Private Secretary to the Chief Minister Vinay Singh, entrepreneurs, industrial tycoons, representatives of the industrial houses, were present on the occasion among others.
