Virbhadra finds big businesses ready to invest

Jaswinder Singh Baidwan

Akhran da mureed
Staff member
Proposals worth several crores, including setting up of a defence equipment manufacturing unit with an investment of around $ 1.5 billion, mobile petrol pumps, solar power plants and health and spa resorts were received on the first day of the “Emerging Himachal-Investors Meet” in New Delhi.
Chief Minister Virbhadra Singh today held one-to-one interaction with industry bigwigs and entrepreneurs keen to invest in Himachal on the opening day of the meet. He was accompanied by the Industry Minister and senior functionaries from various departments.
After the success of the first phase of the investors meet in Bangalore, Mumbai and Gujarat, resulting in an investment of Rs 4,800 crore, the second phase of the meet began in Delhi. The Himachal Pradesh government and the Confederation of Indian Industries (CII) are jointly organising the meet to promote Himachal Pradesh as preferred investment destination.
Various proposals were received on the first day and consensus reached as almost 1,400 investors participated on the opening day. As three more industrial areas were coming in Himachal at Kandrori in Kangra, Solan and Pandoga, a proposal was received from Eirene Systems to set up defence industry manufacturing unit in the state with an investment of around $ 1.5 billion. Defence equipment, which is being procured from abroad, can be manufactured in such clusters with foreign collaboration and the technical expertise.
The proposal to invest Rs 1,000 crore (approx) for setting up portable self-service fuel filling stations (petrol pumps), a new world-wide patented technology by Alinz (India) in collaboration with Czech Republic, was also discussed.
In one-to-one interaction, a proposal was submitted by Australia-based Himachali doctor couple from Palampur (Sulah), who wants to set up a hospital and a medical school to promote medical tourism with trauma and pathologists expertise in Himachal.
Dr Amit Rana, executive Director AusHealth Global Pvt Ltd and his spouse Dr Abha Rana, a cancer specialist are keen on investing more than 100 crores in the project and have sought 35 acres of land from the state government.
Surya Ushma Private limited in collaboration with South Africa group proposed to invest in solar energy of around 100 MW in Spiti valley and also placed their proposal and evinced keen interest in manufacturing of solar panels. Krish Iyer, CEO Wallmart India, extended proposal to open five Wallmart retail stores with an investment of $ 10 million generating employment to 2,000 persons in Himachal.
It was agreed in principle to sign an MoU with the Indian Railway Catering and Tourism Corporation (IRCTC) for marketing of Himachali products and tourism.
A proposal was also discussed to invest additional Rs 150 crore to bottle and manufacture Pepsico food and beverages products. A proposal was submitted to invest Rs 500 crore by Syska LED Lights Private Limited for manufacturing of LED lights.