Rs 550 crore United Biotech unit gets nod in Himachal


united biotechShimla : United Biotech dealing in life saving drugs will set up a Rs 550 crore pharmaceutical unit in Himachal Pradesh , a top official said here Saturday .

 In all two new and 13 revised proposals of exiting units will bring in a combined investment of Rs 790 crore .

 Ranbaxy Laboratories Ltd has been given permission to set up a unit at Baddi at a cost of almost Rs 85 crore .

 JCO Agro Fresh will set up a fruit cold storage unit an almost Rs 22 crore near Theog .

 Khurana Oleo Chemicals Units-11 will put up a unit in Nalagarh with a proposed investment of Rs 17 crore.

Solenoid Valves Compressor Spares , Industrial Automation products . Softgel Capsules , Swan Stainless Steel , Theon Pharma , Su-Kam power systems are firms  which will expand their  industrial units in the state .