In a bid to woo investors from West Bengal, Himachal Pradesh Chief Minister Virbhadra Singh today urged investors to set up shop in the state and take maximum advantage of the new industrial policy of the hill state. |
Singh, along with top state officials, was holding a roadshow with probable investors from West Bengal in Kolkata. |
|
The new industrial policy offers various incentives to industry like excise duty exemptions, 100 per cent income tax holiday, central investment subsidy, revival packages for sick units, new industrial areas, land allotment policies, among others. |
|
Referring to the state's comparative position in the region, the chief minister said, "The improvements in sectors like infrastructure, power and labour have helped to enhance the competitiveness of Himachal Pradesh." |
|
The chief minister also laid stress on the thriving tourism sector and the various destinations in the hill state, which beckoned investors and tourists alike. |
|
"Leading companies in IT, pharma, cement, textiles, agro processing, and FMCG have a strong presence in the state. Himachal Pradesh also has the potential of generating 21,000 MW of hydro power," Chief Secretary SS Parmar said. |
|
Kolkata is the third in a series of meetings across the country this week where the chief minister, along with top state officials, has been promoting the state's strengths and opportunities. |
|
Similar roadshows were held in Mumbai and Ahmedabad to woo investors earlier this week. |
|
On Tuesday, Singh told a gathering in Mumbai, "In the last 12 months alone, Himachal Pradesh attracted 3,963 new industrial units, who have brought in investments to the tune of over Rs 10,000 crore and generated 150,000 jobs." |
|
|
|