Himachal CM wooing investments, assures support to business giants
ECONOMY & POLICY

Himachal CM wooing investments, assures support to business giants

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu revealed that several renowned business conglomerates have expressed keen interest in investing in the state. He assured that the government would extend full logistical support to these enterprises. This announcement came following a meeting with a delegation from the Baddi-Barotiwala-Nalagarh Industrial Association (BBNIA), led by President Rajiv Aggarwal and General Secretary YS Guleria, who presented a donation of Rs 20.2 million to the Chief Minister's 'Aapda Rahat Kosh' fund.

Expressing gratitude for this generous contribution, Chief Minister Sukhu acknowledged the state government's proactive efforts in facilitating entrepreneurs and attracting new investments. He emphasised the government's dedication to enhancing industrial infrastructure, focusing on upgrading road and rail connectivity. The Chief Minister revealed ongoing discussions with the Union Government to expedite the establishment of rail connectivity in the industrial belt.

Moreover, Sukhu disclosed plans for upgrading the Nalagarh-Bharatgarh road into a four-lane thoroughfare, specifically designed to benefit industrialists and commuters. He reassured the delegation that their legitimate demands would be approached sympathetically and addressed appropriately.

In a related development, Chief Minister Sukhu recently announced a relief package totalling Rs 45 billion. This initiative aims to aid and rehabilitate individuals who suffered losses during the natural disasters caused by torrential rains between July and September.

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu revealed that several renowned business conglomerates have expressed keen interest in investing in the state. He assured that the government would extend full logistical support to these enterprises. This announcement came following a meeting with a delegation from the Baddi-Barotiwala-Nalagarh Industrial Association (BBNIA), led by President Rajiv Aggarwal and General Secretary YS Guleria, who presented a donation of Rs 20.2 million to the Chief Minister's 'Aapda Rahat Kosh' fund. Expressing gratitude for this generous contribution, Chief Minister Sukhu acknowledged the state government's proactive efforts in facilitating entrepreneurs and attracting new investments. He emphasised the government's dedication to enhancing industrial infrastructure, focusing on upgrading road and rail connectivity. The Chief Minister revealed ongoing discussions with the Union Government to expedite the establishment of rail connectivity in the industrial belt. Moreover, Sukhu disclosed plans for upgrading the Nalagarh-Bharatgarh road into a four-lane thoroughfare, specifically designed to benefit industrialists and commuters. He reassured the delegation that their legitimate demands would be approached sympathetically and addressed appropriately. In a related development, Chief Minister Sukhu recently announced a relief package totalling Rs 45 billion. This initiative aims to aid and rehabilitate individuals who suffered losses during the natural disasters caused by torrential rains between July and September.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement