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HP offers huge potential for investment in various sectors: CM tells German investors

Updated: Jun 13, 2019 06:50:28am
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HP offers huge potential for investment in various sectors: CM tells German investors

Shimla, June 13 (KNN)


Himachal Pradesh Chief Minister Jai Ram Thakur said the state offers huge potential for investment in sectors like tourism, industries, information technology, service sector, food processing and power.

While addressing a Roadshow organized by his government in cooperation with the Consulate General of India Frankfurt and Confederation of Indian Industry (CII) at Frankfurt in Germany said, “The State Government is providing all possible help to facilitate the entrepreneurs for setting up their units in Himachal.”

He said that the state has a vibrant talent pool and educational ecosystem due to presence of premier institutes of national repute. With a host of universities, engineering, management and medical colleges, the state ensures a steady supply of skilled human capital for the industries.

Adding that the state is ranked top amongst Fast Movers Category in Ease of Doing Reforms and the Single Window Acts in Himachal Pradesh reflects the strong commitment of the government to ensure efficiency, transparency, time bound and accountability in providing services to investors.

He said that with 300 pharma companies and over 700 Pharma formulation manufacturing units are functioning in Himachal Pradesh and the state is known as Pharmaceutical hub of Asia.

While inviting the potential entrepreneurs to be part of the Global Investors Meet in 2019 being organized at Dharamshala by the State Government, the Chief Minister said that the Global Investors’ Meet would focus on a wide range of upcoming and thriving sectors like Tourism, Manufacturing, Pharmaceuticals, Real Estate, Hydro Power, Agro and Food Processing.

Thakur said that Himachal Pradesh had varied climatic conditions and diverse topography making it suitable for growing wide range of medicinal plants.

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