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Business Economy


HP sings 25 MoUs worth Rs 5000 crore

Shimla, Aug 13(UNI) Himachal Pradesh Chief Minister Jai Ram Thakur said that the state government was committed to make Himachal Pradesh an 'Industrial Hub' of the country for which it was providing several incentives to the potential entrepreneurs. He was addressing the Domestic Road show under the Rising Himachal Global Investor's Meet organised by the Himachal government in association with the CII, Himachal at Chandigarh on Tuesday.
As many as 25 memorandum of understanding (MoUs) worth Rs 5000 crore were signed with various industrial houses in presence of the Chief Minister during the road show. As of now, 296 MoUs worth Rs. 35,231 crore have been signed by the state government prior to the global investor's meet scheduled in the month of November, this year.
The Chief Minister said that the state government conducted three international road shows at Germany, Netherlands and UAE besides five national road shows wherein positive response was received from the
business community. The state received good response in the sectors like manufacturing, food processing, pharmaceutical and tourism. In Netherlands, majority of the investors were interested in food processing, dairy, MSME, research, tourism and wellness and in Dubai, companies showed interest in manufacturing, sports, food processing, logistics, urban development and tourism.
He said that the state government also had meeting with the Ambassadors from 50 countries during Curtain Raiser to the Global Investors meet in Delhi and invited them for the investors meet. He said that this road show held at Chandigarh was aimed at meeting the industry leaders and investors from Haryana, Punjab and Himachal.
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Jyothy Labs launches #VocalforLocal campaign supporting Aatmanirbhar Bharat

02 Jul 2020 | 6:06 PM

Kolkata, Jul 2 (UNI) Jyothy Labs Limited (JLL), one of the leading Indian FMCG companies launched a brand new television campaign today in support of the #Vocalforlocal appeal made by the Honourable Prime Minister Narendra Modi.

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HCL positioned as leader in specialised Insights Service Providers Report 2020

02 Jul 2020 | 5:31 PM

New Delhi, Jul 2 (UNI)HCL Technologies, a leading global technology company, has been recognised as a leader in the specialised insights service providers landscape.

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Toyota Kirloskar Motor sells 3866 units in June 2020

02 Jul 2020 | 5:16 PM

Kolkata, Jul 2 (UNI) Toyota Kirloskar Motor (TKM) has announced that the company sold a total of 3866 units in the month of June 2020, thereby more than doubling its wholesales when compared to May 2020 (1639 units in May 2020).

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Liquidity support to MSMEs is crucial for economic recovery

02 Jul 2020 | 5:14 PM

Kolkata, Jul 2 (UNI) More than 80 per cent MSMEs, eligible for the Emergency Credit Line Guarantee Scheme (ECLGS), are structurally strong, according to Rajesh Kumar, CEO & MD, TransUnion CIBIL.

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Digitization & modernization of entire plantation value chain could answer industry woes

02 Jul 2020 | 4:47 PM

Kolkata, Jul 2 (UNI) The drastic impact of COVID-19 on Indian economy led all industries including tea to go through unprecedented times.
The Central Government, Assam and West Bengal did their best to support the tea industry.

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