An industrial revolution sparks up in Himachal Pradesh resulting in heavy employment and investment in the state
Shimla| In an industrial revolution in Himachal Pradesh, as many as 3659 industrial units have been established in the state within the last four years employing up to 48422 youngsters.
The spokesman said that the Pollution-free and peaceful atmosphere, rich natural resources, un-interrupted power supply, sound infrastructure, attractive incentives and responsive administration are major incentives which make Himachal, a favorite destination for the entrepreneurs.
He further said, the State Level Single Window Clearance and Monitoring Authority has approved 283 industrial proposals involving investments worth Rs 13262.27 crore and employment potential of 26,680 persons.
Besides 7054 employment opportunities were created by effective implementation of Prime Minister Employment Generation Programme and loans worth Rs 23.93 crore were distributed to the youth to start their self-employment ventures.
With a view to giving boost to industrialisation, three state of the art industrial areas with world class facilities are being developed in Una, Kangra and Solan districts to facilitate the entrepreneurs.
Land measuring 72-82-74 hectare has been transferred for developing industrial area at Kandrori in Kangra district at a cost of Rs 88.05 crore. Similarly, Rs 95.77 crore would be spent on developing an industrial area at Pandoga in Una district, the spokesman said.
To attract industrial investment, 'Industry by Invitation' has been mooted and the state government is organizing special investor's meets in different parts of the country.
The government has also reduced electricity duty applicable to industrial enterprises in case of Extra High Tension from 17 per cent to 13 per cent, for existing medium and large industries from 15-17 per cent to 11 per cent.
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