Nestle to invest Rs.250 crore in Himachal Pradesh
December 27th, 2009 - 4:20 pm ICT by IANS ( Leave a comment )
Shimla, Dec 27 (IANS) Food products major Nestle India has got the approval to set up a Rs.250-crore food and beverages manufacturing facility in Himachal Pradesh.
“Nestle’s proposal to set up a food processing unit in Una district has been approved. The unit will provide direct employment to 650 people,” said industries director Manoj Kumar.
The state’s single-window clearance committee and monitoring authority also gave approval to another 16 industrial proposals Saturday evening, Kumar said.
“The government cleared 17 industrial proposals, including seven new ones. The proposals involve an investment of Rs.419.31 crore and will create 1,700 jobs.”
The state had offered a plot to Nestle at the Baddi industrial area in Solan district too.
A senior official said Nestle’s proposed plant would be close to Punjab and Jammu and Kashmir, and the site was selected with an eye to business prospects in these neighbouring states too.
Since the announcement of the special industrial package in January 2003 by the then Atal Bihari Vajpayee-led National Democratic Alliance government at the centre, Himachal Pradesh has attracted investments worth Rs.40,130 crore.
The ruling Bharatiya Janata Party government in the state is attempting to get the special package extended to 2013, as announced originally.
The current industrial package will expire in March 2010.
Kumar said in the last two years alone, the government cleared 2,320 industrial proposals worth Rs.11,205 crore.
Himachal Pradesh has 38 industrial areas and 15 industrial estates.
- Himachal develops new industrial estate in Baddi - Nov 07, 2010
- Himachal to set up 10 new industrial estates - Nov 20, 2010
- Nestle plans to invest Rs.400 crore in Himachal - Apr 10, 2009
- Vardhman to set up another facility in Himachal - Nov 02, 2010
- Vardhman to set up another facility in Himachal - Sep 10, 2011
- Himachal clears six industrial proposals - Aug 09, 2010
- Excise duty exemption for Himachal industry extended - Dec 25, 2010
- Nestle to set up facility in Himachal - Oct 03, 2010
- Hero Honda to set up facility in Himachal - Oct 21, 2010
- Industrial package fails to draw much investment in Himachal - Mar 28, 2010
- Himachal sanctions Rs.20 crore for Solan industrial belt - Jun 12, 2011
- Himachal to allow industries to get power from private project - Nov 19, 2011
- Himachal invites industrial investments for new estate - Jan 29, 2012
- Himachal's fruit processing plant to be modernised - Jun 24, 2011
- Himachal developing solar-powered cities - Aug 20, 2011
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