CM Jai Ram Thakur Pitches Himachal A Investment Destination To Bangalore, Hyderabad Industry Captains

Shimla: Interest shown by industry in Himachal has chief minister Jai Ram Thakur announce that more road shows would be held in other cities to attract investments .

Having held the ‘Road Show- Business to Government’ industry conferences in Bangalore and Hyderabad, the chief minister here said “industrial leaders have shown interest to invest in projects like resorts, hotels, roads, tunnels and bridges and setting up integrated renewable energy storage projects.

Some industrial houses were keen to set up waste management and bio-medical waste management plants, food processing, real estate, expanding telemedicine facility in remote areas, hospitals and diagnostic centres. There were entrepreneurs who wanted to set up training centres for skill development, dairy infrastructure, biotechnology, automobiles and electric vehicles,” said the chief minister.

Representatives of more than 150 companies attended the Hyderabad conference on 31st January. Industry captains from ITC Ltd, Apollo Hospitals, Dr Reddys Lab, Ramky Enviro  Engineers, DP Chocolates, KSK Energy, Micromax, MNR Group, 2E knowledge Ventures, NephroPlus and Dodla Dairy even held a meeting with the chief minister and his team to discuss investment plans.

Chief minister Jai Ram Thakur making an investment presentation before industry captains in Hyderabad

Mr NR Alluri, MD of Nagarjuna Construction Company expressed interest in resorts, hotels, roads, tunnels and bridges projects, Mr Anil Chalmashetty, CMD Greenko Company showed keenness in setting up integrated renewable energy storage projects.

Mr Masood Malik, Joint Managing Director Ramey Enviro Engineers was keen to set up waste management and bio-medical waste management plants, Mr Prakash Pai, Director Puzzolona Machinery Fabricators was interested in food processing and real estate project and the Apollo  Hospitals representative proposed to expand telemedicine to remote areas as well as to set up hospitals and diagnostic centres.

Entrepreneurs meeting Chief minister Jai Ram Thakur at Hyderabad

Mr GV Prasad. MD of Dr. Reddy’s envisaged interest in expansion of their unit at Baddi. 2E Knowledge Vebtures Pvt. Ltd wanted to set up skill development training centers, Mr Rohit Singh, vice-president Nephro Plus Rohit Singh showed interest in setting up dialysis centres and Mr Sunil Reddy, MD of Dodla envisaged interest in setting up dairy infrastructure in the State.

Executive Director, Hetero Group K. Rattankar Reddy welcomed the Chief Minister to Hyderabad. He said that he already has three industrial units in the State in Baddi area and was extremely happy with the responsive administration and investor friendly policies of the government.

Managing Director, DP Cocoa Products Pvt. Ltd. Durga Prasad also shared his experience of investing in the State with the entrepreneurs.

Chief Executive, ITC Ltd. and Chairman CII Telangana State Council Sanjay Kumar Singh welcomed the Chief Minister and other dignitaries present on the occasion.

At day earlier at Bangalore, the chief minister held meetings with Managing Director Toyota Kirloskar Auto Parts K.G.Mohan Kumar, Max Hypermarkets Pvt. Ltd. MD Rajeev Krishnan, Chief Financial Officer Raghavendran Swaminathan, President Automotive Axles Ltd. and Chairman CII Karnataka Dr. N. Muthukumar, Group Director Government  Affairs and Public Policy Dell International Tabriz Ahmad, General Manager Indo Nissin Yogesh Vora, Chief Executive Officer Darashaw Barman Mehta, Principal Secretary Commerce and Industries, IT and BT Gaurav Gupta, President and Managing Director Volvo India Private Ltd., CEO Namma Nimma Cycle Foundation Murali, CEO Indian Designs Ravi Kumar, Director Seller Gopal Pillai Amazon India, MD Royal Orchid Hotels Chander Baljee, India Electronics and Semiconductor Association President Rajesh Ram Mishra and Head Corporate Affairs Metro Cash and Carry Bhanu Arora, who expressed an interest to make investments in Himachal.

Industrialists at Chief Minister Jai Ram Thakur’s investor meet at Bangalore

At Bangalore, Chief Executive Officer TVS Motor Company K.N. Radhakrishnan said that TVS started the Company in the State twelve years back and was impressed with the responsive administration and several incentives being provided by the State government. He said that the State has investor friendly eco-system, cordial work environment and uninterrupted power supply.

Chairman CII Karnataka Dr. N. Muthukumar welcomed the Chief Minister and other dignitaries present on the occasion.

Chief minister Jai Ram Thakur let the industrialists know that the state was offering several incentives and concessions to the entrepreneurs, such as concession in stamp duty payable by industry, relaxed FAR norms reduced change of land use charges etc.

He said that the sector of tourism, hospitality, resorts, pharmaceutical, MSME, engineering tools, information technology, Health and Wellness Centers, herbal and Ayurveda based projects, horticulture, power sector, food processing, real estate and education had tremendous potential in the state.

“Investors willing to invest in industry, tourism, education, healthcare, food processing would be provided with land parcel with good connectivity and supporting infrastructure,” he added.

The chief minister emphasised, “one of the biggest advantages the State has is availability of quality power at one of the most competitive rates in the country and this situation would continue for years to come considering the immense power potential, low generation costs and the quality transmission and distribution has put in place.”

He said that the Single Window mechanism, which currently covers 10 line departments and 37 online systems, reflects the commitment and obligation to provide efficient, timely, transparent and accountable services to the investors.

Jai Ram Thakur informed the meets that the state was organizing a Global Investors’ Meet on 10th and 11 June, 2019 in Dharamshala. He invited the entrepreneurs to participate in maiden Global Investors’ Summit by getting themselves registered for the Meet at www.investinhimachal.com.

Accompanying the chief minister were Industries Minister Bikram Singh, Additional Chief Secretary Dr. Shrikant Baldi, Additional Chief Secretary, Industries, Manoj Kumar,

Principal Secretary IT, Excise and Taxation Jagdish Chander Sharma, Principal Secretary Power Prabodh Saxena, Special Secretary Industries Abid Hussain, Director Industries Hans Raj Sharma and Principal Private Secretary to the Chief Minister Vinay Singh.

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