Himachal Pradesh Chief Minister Virbhadra Singh Tuesday invited industrialists from Tamil Nadu to invest in his state and offered them attractive incentives.
Singh told representatives of more than 125 industrial houses that Himachal Pradesh offered great potential in hydropower, tourism, automobile components, food processing and IT.
Singh, who is on a week-long tour of the southern states, was speaking at a session organised by the Confederation of Indian Industry (CII), the Tamil Nadu government and the central commerce ministry.
He said Himachal Pradesh offered a pollution free environment and abundant and cheap power. The industries would be provided income tax holiday, excise duty concessions and investment subsidy on machinery.
"Himachal Pradesh offers tremendous opportunities for investment in IT and IT-enabled services, bio-technology, auto components sector and horticulture," Singh said.
The chief minister also announced the "Partnership HP" programme. Automobile giant Ford will partner with the state government to set up a Himalayan Ski Village at Rs.12 billion.
Singh said a biotechnology park is being set up at Solan at Rs.2 billion. An integrated tourism development project is being planned for Pong lake in Kangra district, Gobind Sagar lake in Bilaspur district and Chamera lake in Chamba district.
These projects will have a sanctuary, sport complex and resort.
A tunnel-cum-overbridge project is being undertaken to connect Kalka and Shimla at Rs.10 billion.
Singh said Himachal Pradesh had the capacity to generate 21,000 MW of hydropower. "It is low cost and environment friendly power. We have more tourists than residents and are putting the infrastructure in place," he said.
Singh is being accompanied on his tour by state Industries Minister Kuldeep Kumar, Tourism Minister G.S. Bali and senior officials.
Harvard students condemn Oxford University
Publish Date : 3/5/2007 7:11:00 AM
Two Harvard students, including an NRI, have condemned Oxford University, where they are Rhodes scholars, as "outdated" and "frustrating" and dismissed its world famous Bodleian library as "less than inspiring".
Indian embassy to outsource jobs to American firm
Publish Date : 3/5/2007 7:10:00 AM
After taking thousands of American jobs through outsourcing, India is planning to give a few back. The Indian embassy in the US capital is planning to outsource processing of visas to a US-based company.
Badal heads 18-member coalition ministry in Punjab(Final lead: Badal)
Publish Date : 3/3/2007 7:29:00 AM
Octogenarian leader of the Shiromani Akali Dal (SAD) Parkash Singh Badal, on Friday took oath as Punjab's new Chief Minister and will lead an 18-member SAD-Bharatiya Janata Party (BJP) coalition ministry.
Bareilly eunuch adopts a girl child
Publish Date : 3/3/2007 7:22:00 AM
It was a day of celebration for Saroj, a eunuch in Bareilly in Uttar Pradesh, as 'she' has become a 'mother' by adopting a baby girl.
Kalam offers prayer at Fatehpuri Masjid
Publish Date : 3/3/2007 7:16:00 AM
Keeping a promise made two years ago, President A P J Abdul Kalam today offered prayers at the historic Fatehpuri Masjid in Chandni Chowk here along with thousands of Muslims.
Union Budget directionless, says Modi
Publish Date : 3/1/2007 8:41:00 AM
Gujarat Chief Minister Narendra Modi today criticised the Union Budget by terming it as "directionless".
Centre allocates over Rs 100 crore for minority zones
Publish Date : 3/1/2007 8:38:00 AM
Unfazed by the BJP's criticism over its welfare schemes for Muslims, the Congress-led Central Government has allocated over Rs 100 crore for development programmes in select districts with a sizeable population of minorities.
Kins of political bigwigs fail to find voters' favour
Publish Date : 3/1/2007 8:27:00 AM
The assembly polls in Punjab turned out to be unkind for several kins of political bigwigs as voters rejected most of them barring some of Shiromani Akali Dal (SAD) supremo Parkash Singh Badal's near and dear ones.
High Court order on age of nursery admission tomorrow
Publish Date : 3/1/2007 8:24:00 AM
The Delhi High Court today observed that the city Government's submission that a child should be four-years-old to get admission in nursery class was contrary to the law.
Parliament session may be stormy tomorrow on Quattrocchi issue
Publish Date : 3/1/2007 8:18:00 AM
After the lull, it is going to be storm again in Parliament tomorrow.
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