Himachal clears 8 industrial projects worth Rs 1,244 cr

The Himachal Pradesh government today granted clearance to eight additional new industrial proposals, besides one expansion proposal. All these entail a total investment of Rs 1,244 crore, including a Rs 630-crore plant by Micromax Energy Ltd.

The state’s single window clearance and monitoring authority met under the chairmanship of Chief Minister P K Dhumal here.

The proposals are that of M/S Micromax Energy Limited,carrying an investment of Rs 630 crore and will manufacture solar energy cells.

M/S Cipla Limited, with a Rs 270-crore investment to manufacture pharmaceutical and herbal medicines.

M/S Shivalik Bimetal Controls to invest over Rs 20 crore will make bonded clad strips.While M/S Sun Juice will invest over Rs 51 crore and will set up juice and milk processing and packaging units. All these units are expected to generate 1,860 jobs.

Dhumal said despite the withdrawl of the special industrial package by the Centre, the industrial sector continues to expand rapidly and more investors are showing interest in investing in the state.