Godrej, Aptech, Weikfield Keen To Invest In Himachal

BANGALORE: Himachal Pradesh got more investment proposals from Godrej, Aptech, Mukand Ltd., Weikfield Foods Pvt. Ltd., Stanford English Academy and American Global Health Group in the investors' meet in Mumbai, an official said.

Chief Minister Virbhadra Singh, leading a delegation of government functionaries, said in a meeting here that the state is offering several incentives to entrepreneurs, including freezing power tariff till 2018 at one fixed rate for the new industry.

While Weikfield Foods has showed interest in setting up food, beverages and agro-based food parks, Stanford English Academy intends to set up the first vocational university in the state with a projected investment of 200-250 crore, a government spokesperson told IANS.

LR Active Private Ltd., dealing in edible oil, has shown interest in opening food parks besides launching environment-friendly cement bags replacing polythene.

American Global Health Group, world leaders in organic aloe vera and energy drinks, has submitted a proposal of 100 crore for producing aloe vera products, besides 190 crore in a mega food park and and 127 crore in a paper bag industry.

Ruchi Soya Industries Ltd. was keen to invest in agro-packaging, food processing and cold stores in the state, said the spokesperson.

He said officials of Tata Group of companies met the chief minister and expressed interest in investing in construction of infrastructure and real estate.