He told attendees that the state would ensure an uninterrupted 24-hour power supply to industries at competitive rates.
INR 10,000 Crore Investment Pledges Secured at Himachal High-Level Investor Meet
On Sunday, Himachal Pradesh attracted investment commitments worth about INR 10,000 crore at a high-level Investor Meet held in Shimla, a key highlight of HIM MSME FEST-2026. A total of 37 memoranda of commitment (MoCs) were signed for proposed projects across key sectors, with participation from leading CEOs and investors from across India.
Chief Minister Sukhvinder Singh Sukhu led the event and assured investors of full policy, administrative, and institutional support from the state government, emphasising a transparent, investor-friendly, and stable policy environment. He told attendees that the state would ensure an uninterrupted 24-hour power supply to industries at competitive rates and urged early signing of implementation agreements so projects could proceed swiftly.
Industry Minister Harshwardhan Chauhan said the Department of Industries would work “with full dedication” to translate the government’s vision into tangible outcomes through robust policy execution, investor facilitation and continuous monitoring of committed projects. A senior official said that sectors covered under the MoCs include food processing, pharmaceuticals, defence manufacturing, green mobility, solar and other renewable energy segments due to their growth potential and export orientation.
Investors were briefed on industrial infrastructure, land availability, incentive frameworks and MSME-friendly policies. Officials said the investments are expected to accelerate industrial diversification, strengthen linkages between local MSMEs and wider value chains, and generate significant direct and indirect employment.
Government officials also announced plans for a new industrial policy soon, development of a world-class city named “Him Chandigarh”, removal of entrepreneur-related legal challenges, promotion of the textile industry, and permissions for additional five-star hotels to boost economic activity.
Source: The Tribune
