Will create 15,000 jobs,Six MoUs worth 1,000 cr signed for ethanol plants

The government signed 27 memoranda of understanding (MoUs) worth Rs 3,307 crore with various firms that would provide jobs to around 15,000 persons.

State leads in ease of doing business ranking among the neighbouring states of Punjab, Haryana, Uttarakhand and Delhi. Himachal was the only state to have a state-of the-art defence park at Nalagarh.

Some investors had evinced interest in setting up ethanol units and six MoUs worth Rs 1,000 crore were signed for setting up ethanol plants.

Proposals received were intended to make investment in ethanol, medical devices, education and skill development, pharmaceuticals, paper manufacturing, food processing, healthcare, automobile, electronics manufacturing and industrial infrastructure.

The government had already made provision of incentives and concession in the HP Industrial Investment Policy 2019 for setting up private industrial areas and theme parks. 

Himalayan Group of Institutions signed an MoU worth Rs 150 crore for setting up the first skill university. Pitaara TV signed a deal worth Rs 100 crore for setting up a film city.