Explanation:

An aroma park will be developed over an area of 30 acres in Kumaon region of Uttarakhand and is likely to attract Rs 500 crore investments from incense sticks and aromatic oil manufacturing firms.The aroma park will come up in Pant Nagar-Kashipur area where incense sticks and aromatic oil manufacturing companies can make investments worth Rs 500 crore, Kaushik, who is also the official spokesman of the state government. Together these industrial units will give employment to 5,000 people.Industrial units buying land for the first time at the park will get 100 per cent exemption from stamp duty, concession in interest on bank loans and in GST for five years.