Himachal Government signed 27 Memorandum of Understandings (MoUs) worth Rs 3,307 crore with various industrial sectors at Chandigarh that would provide direct and indirect employment opportunities to around 15,000 persons.

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The offers distinct advantages to the investors such as affordable land cost, high quality and reliable power supply, proactive and accessible administration, he said adding that some investors had evinced interest in setting up ethanol units.

As a new trend in the state,

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few entrepreneurs have also shown intent in developing private industrial areas and theme parks in Himachal. The state Government has already made provision of incentives and concessions in the HP Industrial Investment Policy 2019 for setting up of private industrial areas and theme parks.