Himachal Pradesh targets Rs. 2,500 cr worth investment proposals, single-window meeting soon.

Himachal Pradesh is all set to get investment proposals of whopping Rs. 2,500 cr from half a dozen industrial giants in the textile, distilleries, pharmaceutical and automobile sectors before end of the year .

The response, which is quite an initial,is result of Chief Minister Virbhadra Singh and his high level team's visit to Mumbai, Bangalore and Ahmedabad last week to woo industrial investors and hardsell state's potential as an acknowledged investment destination in the north India.

The proposals include Rs. 550 cr expansion of existing unit of Vardhman Textiles group, Rs. 350 crore from M/s Indorama textile, Rs. 300 cr from M/s Macleods Pharmaceutical, Rs. 300 cr from Torrent group and Rs. 150 crore from Rock-Star distilleries. There is also a proposal M/s L-R distilleries to invest Rs. 250 crores .

Industries Minister Mukesh Agnihotri, who was a co-host with Chief Minister, during the one-on-one interactions with leading industrial investors said, 'I propose to write personal letters to 100 investors, who participated in the investment meets at three place. I am asking them to sent their proposals fast. The industries department will clear new proposals in seven days and revenue department will also grant necessary approvals in 15 days time'.



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