An MoU was signed at the Secretariat today between Hindustan Coca-Cola Beverages Pvt. ltd (HCCBPl) and SIIDCUl (Uttarakhand Government) in the presence of Chief Minister Vijay Bahuguna. Talking to media persons, CM Bahuguna said that this will bring an investment worth of Rs600 crore and around 1,000 people would get employment directly.
HCCBPl will invest Rs600 crore in Uttarakhand by setting up a plant at Vikasnagar. The MoU was signed on behalf of SIIDCUl by Managing Director Rakesh Sharma and by Executive Director Shukla Wasan on behalf of HCCBPl.
The Chief Minister said on the occasion that with Coca Cola investing in the State, a positive message would go to the industrial world and more industries would come to Uttarakhand. SIIDCUl phase 2 was part of the Government's efforts to create a conducive environment for industrial investment. Single window clearance system was being made available to industries. The Chief Minister said that Uttarakhand was a peaceful State with a developed human resource available.
The company's senior vice president Patrick George gave a cheque of Rs1.6 crore as earnest money and processing charges. Thanking the Government for its support, he said the company would invest Rs600 crore in this project in two phases and the project would directly or indirectly give employment to 1000 people. local people would be given preference in employment. MD Sharma said that the company would set up its plant on 60 acres at Chharba village on langha Road in Vikasnagar in Dehradun. It would produce non-alcoholic carbonated beverages, juices and fruit-based drinks. The land will be given at the cost of Rs.95 lakh per acre.
Present were Chief Secretary Alok Kumar Jain, Associate Vice President of the company Rajiv Ranjan and other officials.