Himachal Pradesh will provide all possible support to entrepreneurs interested in investing in the state, Chief Minister Jai Ram Thakur said here on Wednesday.
Addressing industrialists, he said the state has prepared an industrial policy that aimed to establish state-of-the-art infrastructure and promote the manufacturing sector.
Inviting the entrepreneurs to participate in Himachal Pradesh Global Investors Meet to be held in Dharamsala on June 10-11, the Chief Minister said: "Himachal Pradesh was emerging as the next big growth story of the country, displaying a robust GSDP growth rate".
"The state is not only a Dev Bhoomi but also poised to emerge as industrial hub of the country."
He said the state has vast potential to invest in tourism, electronics and information technology, education and skill development, urban development, real estate, healthcare and ayush, manufacturing, pharmaceuticals, power and renewable, agro and food processing sectors.
Thakur said the government was offering several incentives and concessions to the entrepreneurs, such as concession in stamp duty payable by industry and reduced change of land use charges.
"One of the biggest advantages in the state is the availability of quality power at most competitive rates in the country," he added.
He said the single window mechanism within the Himachal Pradesh Single Window (Investment, Promotion and Facilitation) Act reflected the strong commitment of the state to ensure efficiency and transparency in providing basic services to the citizens.
The event here was organised by the state in association with the Confederation of Indian Industries.
--IANS
vg/rs/bg
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
