HP clears 79 investment proposals worth Rs 3,300 cr

79 proposals are approved out of the total 117 proposals received in recent investor meets.

Source: PTI


The Himachal Pradesh government has approved 79 proposals envisaging investment of Rs 3,300.16 crore out of total 117 proposals received in recent investor meets, state Industries Minister Mukesh Agnihotri said.

The minister said as many as 117 Industrial proposals with estimated investment of Rs 6,031.37 crore were received as a result of "investors meets" organised by the government at Mumbai, Bengaluru, Ahmedabad and New Delhi last year.

"79 proposals with investment of Rs 3300.16 crore and employment potential for 9093 persons had been cleared by State Level Single Window Clearance and monitoring Authority (SLSWC and MA)," he said.

While presiding over the review of Industries department, Agnihotri asked the officers to ensure maximum liaison with potential entrepreneurs to attract investment to the state and proactively follow the axiom 'industries by invitation' of the state.

Industrial areas with modern facilities are being developed to provide "world class" infrastructural facilities to entrepreneurs and work has been started on Industrial areas at Pandoga in Una and Kandrori in Kangra district to be developed at a cost of Rs 140 crore and Rs 122 crore respectively.

Further, land had also been identified for setting up new Industrial areas at Dhabota and Nalagarh in Solan district, he added.

He also directed the officers of the Mining department to ensure that full transparency and fairness was adopted while going for auction of mining sites.


The Dollar Business Bureau - Apr 27, 2016 12:00 IST