Rs 4775 crore pacts inked at Shimla Conclave


Shimla : As many as 93 MoU’s were signed during the mini conclave which would attract investment worth Rs. 4775 crore for the State which include 47 MoU’s related to tourism sector alone here today.

The event received response from investors in the Tourism, Housing, Education, Food Processing, Health and IT sectors. 

Addressing the conclave Chief Minister Jai Ram Thakur said that the new industrial policy was a step forward to attract investments.

The State has immense scope in power, Tourism, hospitality, food processing, renewable energy, IT, Education, manufacturing sector etc. He said that the State was known as Apple Bowl of the country, thus there was great scope in fruit processing and fruit based industries as well. 

Jai Ram Thakur said that the Mini Conclave aims at listening the problems of entrepreneurs and businessman of our State and ensure their redressal so that they could leverage the maximum benefits of Global Investors Meet. He said that recently similar Mini Conclave was organised at Manali in which 93 MoUs attracting investments worth Rs. 2219 crore were inked.

He urged the local entrepreneurs to be part of the Global Investors Meet and thereby make their contribution in the development of the State.