Invest in Himachal :Virbhadra exhorts entrepreneurs

North Gazette News/ Shimla
Lucrative package of incentives were being offered to the entrepreneurs in Industries, Infrastructure, Hydel Power, Tourism, Education sector in Himachal said Chief Minister Virbhadra Singh in the Investor meet, 2014 held on late Wednesday in Mumbai.

The meet, organized together by the State Government and the Confederation of Indian Industries (CII) was attended by as many as 500 industrialists who gathered to apprise themselves about the incentives and packages, the Himachal Pradesh Government was offering.
Chief Minister said that the purpose of the meet was to acquaint the entrepreneurs and invite them to invest in Himachal. He said that Himachal was the most progressive State in the Country with the share of secondary sector in the Gross State Domestic Product (GSDP) to around 40 percent with growth rate of 12 percent in manufacturing sector. State was also the best with the highest per capita public expenditure of rupees 377, he added. He said that despite being hilly State, five National Highways crossing through it with a total road length of 35,000 kilometers, out of which 2415 were double lane. The State was leading in the field of education, he said.
“ We are leading in all the fields and have 47 industrial estates in the State with good connectivity, near rail heads and surplus power and have decided that we will not sell the power to other States and will rather use it for Industries and domestic use” said he taking a jibe that ‘it is easy to sell electricity but difficult to recover the money by selling it’ and &@+7 we have decided to use electricity within the State. He said that in a competitive world we have to keep pace with the development and we have to adopt ourselves to new changes and techniques and a committee had been formed under his Chairmanship to look into the grievances of the Industrialists and solve them there and then.
Singh said that apart from Industries, tourism has a wide potential, Skiing, ropeways, resorts, cable-cars, etc were other areas of investing in the State. He said that the State has adopted ‘Zero tolerance towards Corruption’ and assured that all the modalities
regarding clearances be solved within 90 days under single window clearance. He said that today India has emerged as one of the big industrial centre where even European and Western Nations were looking towards India to invest in and our State was treading fast on the path of growth and industrialization. “I am happy that new entrepreneurs were entering in the business and I hope that Himachal will offer a congenial environment to them”, he added.
The Chief Minister gave open invitation for the business houses to approach him for any queries and suggestions. Many offers and proposal poured in and the industrialists were happy over the development taken place in Himachal with improved road infrastructure. The Chief Minister assured to take up the matter of expansion of railways in the State from Bhannupalli to Bilaspur-Mandi and thereupon routing through heart of the mid Hills of the State connecting with rail head at Pathankot.
He also interacted with the industrialist on the occasion. They expressed their happiness of the State’s Zero tolerance towards corruption Suggestions and proposal poured in for opening and promoting Educational Tourism and agriculture based Beatroot ethanol industries, skill development sector in Himachal and many Himachalis settled in Mumbai were eager to invest in Small and Medium industrial units in the State.
Earlier R.Mukunandan, Managing Director, TATA chemicals and immediate past chairman of CII welcomed the Chief Minister and other dignitaries on the occasion.
Mukesh Agnihotri, Industries Minister, while speaking on the occasion thanked the big business houses for taking keen interest in the meet and for gathering in large number to attend the meet. The sole motto of the State Government wants that “Industries by Invitation” adding that State was having quite industry friendly environment. He said that the State Government was open to big business houses so that besides providing employment to the people of the State it would also have to improve the economy of the State. He said that many long pending formalities just on the basis of the grievances received by mails or letters by business houses were looked after and resolved. He said that Himachal was heading towards becoming an industrial hub of the Country and many reputed business houses were approaching the Government to invest in the State.
Citing example of Vardhman Group, the Minister said that they intend to invest Rs. 500 crore projects in the State. Besides, the TATA group were keen to invest in real estate, power sector and tourism and had deliberated on the issue today itself. He said that Cadburry, TVS, Dabur and many mineral water plants have entered Himachal besides, Proctor & Gamble, Godrej Ranbaxy and Lo’oreal were keen for expansion and investment Rs 500-550 crore projects each. Nadeem Shravan was willing to open Film Industry in the State. He said that the land bank was ready in the State in the Industrial belts of the State.
He also thanked the CII for organizing the whole affair so effectively.
ENDS