Himachal signs 25 MoUs worth Rs 5K cr during road show at Chandigarh

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Himachal Chief Minister Jai Ram Thakur on Tuesday said the state government was committed to make Himachal Pradesh an “Industrial Hub” of the country for which it was providing several incentives to the potential entrepreneurs.

Addressing the Domestic Road show under the Rising Himachal Global Investor's Meet organised by the Himachal government in association with the CII, Himachal at Chandigarh, the Chief Minister said that the state government conducted three international road shows at Germany, Netherlands and UAE besides five national road shows wherein positive response was received from the business community.

As many as 25 memorandum of understanding (MoUs) worth Rs 5000 crore were signed with various industrial houses in presence of the Chief Minister during the road show. As of now, 296 MoUs worth Rs. 35,231 crore have been signed by the state government prior to the global investor's meet scheduled in the month of November, this year.

He said the state government also had meeting with the Ambassadors from 50 countries during Curtain Raiser to the Global Investors meet in Delhi and invited them for the investors meet. He said that this road show held at Chandigarh was aimed at meeting the industry leaders and investors from Haryana, Punjab and Himachal.“We are committed to make sustainable tourism as one of the prime engines of growth in the state by establishing it as a leading global sustainable tourism destination”, he added.He said that the state government was also coming up with investor friendly policies in sectors such as tourism, AYUSH, IT and electronics and hydro energy. The State was organising its first Global Investors Meet for making it globally competitive and a leader among Indian states.Chief Secretary B.K Agarwal said that Himachal Pradesh was poised to emerge as a favoured investment destination of the country which had a responsive administration, transparent and prompt approval mechanism to industrial proposals and above all a trained manpower with peaceful environment.

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