The Himachal Pradesh State Forest Development Corporation will intensify its activities and increase its turnover to Rs 500 crore per annum in the next three years, Vice Chairman Surat Ram Negi said on Tuesday.
The corporation has set itself a target of earning a profit of Rs 10 crore during the current financial year, he said during a meeting with the corporation's officers in Hamirpur.
The vice chairman said the state-owned entity had earned a net profit of Rs 98 lakh during 2018-19 and efforts were on to increase it this year.
Negi also visited a timber treatment plant at Jhaniaridevi and urged officers to help the corporation increase its revenue.
During the meeting, Divisional Manager Amit Sharma gave details of the activities of the Hamirpur unit to the vice chairman.
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